Shenzhen: Promoting Precise Matching of Long-Term Capital and Driving Nationwide Insurance Funds to Invest Over 1 Trillion Yuan in Shenzhen

The Shenzhen Municipal Local Financial Regulatory Administration and three other departments jointly issued the “Action Plan of Shenzhen on Insurance Industry Supporting Scientific and Technological Innovation and Industrial Development (2026—2028).” It proposes to optimize the mechanism for insurance funds utilization. Actively promote the construction of the investment environment and improve the ecosystem for insurance funds, establish a normalized project matchmaking mechanism for “insurance capital entering Shenzhen,” promote precise matching of long-term capital, and drive a breakthrough in national insurance funds’ investment in Shenzhen to exceed 1 trillion yuan. Promote the implementation of long-term performance assessments for insurance funds, guide them to play the roles of patient capital and bold capital, and support insurance funds’ lawful and compliant investment in the key areas of the “20+8” industrial cluster-focused fields through private equity investment funds and venture capital funds, where the primary investment directions are “20+8” industrial cluster key areas. Encourage state-owned professional investment institutions and government investment funds to cooperate deeply with insurance funds, and explore, under conditions where risk and returns are matched and investments are carried out in a lawful and compliant manner, how to use diversified capital contribution and return arrangement mechanisms to mobilize insurance funds to participate in major projects and investments in key areas. Explore and develop insurance-company-investment linkage models to provide a package of financial support for technology innovation enterprises. Accelerate the rollout of risk compensation insurance for technology innovation seed funds. (People’s Finance and Information)