Beijing: Establishment of Support Fund for Ultra-High-Definition Audio-Visual Industry Development

36Kr reports that the Beijing Radio and Television Bureau has issued 'Several Measures to Support High-Quality Development of the Ultra-High-Definition Audio-Visual Industry in Beijing.' The measures highlight accelerating the construction of a high-end talent team for the ultra-high-definition audio-visual industry and improving a multi-level innovation talent training system. According to relevant regulations, top-tier talents and innovative teams from domestic and international ultra-high-definition audio-visual fields will be introduced to attract outstanding professionals serving Beijing's high-quality development of the ultra-high-definition industry. A financial support mechanism for the industry's development will be established, with enterprises enjoying policy support in areas such as credit financing, operating cost subsidies, and IPO cultivation. The bureau will deepen the government-enterprise-bank connection mechanism in science and technology innovation finance, provide targeted IPO coaching for key ultra-high-definition enterprises, and support their listing on domestic main boards, STAR Market, ChiNext, and Beijing Stock Exchange. Initiatives to establish a Beijing Ultra-High-Definition Industry Investment Fund are also supported to promote development in related fields.