Eight authorities in Shandong including the Department of Industry and Information Technology of Shandong Province jointly issued the Three-year Action Plan for Investment and Financing of the Advanced Manufacturing Industry of Shandong. According to the document, the province will select a number of investment and financing institutions inside and outside the province, customize comprehensive financial service programs for provincial advanced manufacturing enterprises, and organize investment and financing matchmaking services for 10,000 enterprises (times) annually, all in an effort to achieve the steady growth of loans and fund investment in the manufacturing industry.

Shandong will establish a financing project library for advanced manufacturing, a resource library of high-quality investment and financing institutions, and an advanced manufacturing investment and financing platform, to create an investment and financing matchmaking and cooperation service system. Moreover, it will introduce well-known funds to support the development of provincial advanced manufacturing enterprises and add more than 100 investment and financing institutions to its directories each year so as to bring the total number to 500 by 2025; it will give full play to the role of provincial-level VC clusters and comprehensive service bases, take action for industrial development and fund investment, increase discount interests of fiscal loans, and strengthen risk compensation policy guidance; meanwhile, it will take steps to facilitate the listing of enterprises by providing special guidance for more than 1,000 specialized, refined, differential, and innovative small and medium-sized enterprises annually and implementing the standardized system reform of enterprises, with the aim that 60 additional advanced manufacturing enterprises will get listed by 2025.