On October 15, 2025, the General Office of the Hangzhou Municipal People's Government issued the , proposing the establishment of a companion-style growth and cultivation system for technology-based start-ups and supporting the construction of R&D institutions by 'promising' enterprises. The highest reward of 1 million yuan will be given to provincial and municipal key enterprise research institutes that are recognized for the first time, based on factors such as R&D investment; subsidies of no less than 50 million yuan will be provided for newly approved national technological innovation centers and manufacturing innovation centers.
