Sichuan Provincial Development and Reform Commission issued measures to boost
private investment in strategic sectors. The province will allocate
provincial-budget funds equal to 30% of the approved investment when
private-capital-backed firms undertake construction of major provincial science
and technology infrastructure. The plan backs private participation in high-end
industries and new application scenarios including AI, pharmaceuticals/health,
robotics and smart manufacturing, aerospace, integration of computing and power,
the low-altitude economy and new consumption formats, and calls for stronger
investment-growth and risk-sharing mechanisms. Private commercial space firms
will receive support on launch approvals, commercial-space frequency licensing
and satellite IoT commercial trials and pilot operations. The measures also
support private development of drone takeoff/landing facilities at hospitals,
scenic sites, shopping districts and communities and the provision of logistics,
urban inspection, agri/forestry work, emergency rescue, medical aid and tourism
services.
