The fund management guidelines were set out to support the implementation of the Made in China 2025 strategy. The fund will support projects in the key areas outlined in Made in China 2025 strategy. These include smart manufacturing, smart consumer goods, green manufacturing etc.
Financial support for these project is provided through different forms.
- Direct grants
- Concessional loans
- Credit guarantees
The fund is governed by the Ministry of Finance and Ministry of Industry and Information Technology. Technical specifications for project selection are set out in a separate guideline.