Two industrial funds, with 5 billion yuan each in the first phase, have been launched in Pingshan in 2023. One for the new energy vehicle (NEV) industry will invest in NEV and intelligent connected vehicle companies, while the other fund for the city’s biomedicine industry will invest in the biomedicine, cell and gene, medical equipment and healthcare industries.

As of September 2023, there have been 92 financial institutions in Pingshan, including 45 corporate banks and branches, four branches of securities companies, seven branches of insurance companies, 23 equity investment institutions (including 12 sub-funds of the government-led fund), five local financial institutions and eight insurance intermediaries.