The 2023 Guangdong Hong Kong Macao Greater Bay Area Cultural Industry Investment Conference, with the theme of "Cultural Bay Area · Digital Intelligence Empowerment", was held in Guangzhou on November 28, 2023. At this conference, the Guangdong Hong Kong Macao Greater Bay Area Cultural Industry Investment and Financing Alliance was officially established. The first batch of alliance member units consists of 23, covering private equity institutions, venture capital institutions, securities companies, cultural state-owned enterprises, and other types, including China Cultural Industry Investment Master Fund, Guangfa Securities Co., Ltd., etc. It is reported that the alliance aims to build an investment and financing service platform, build an open, innovative, and collaborative cultural industry investment ecosystem, and provide comprehensive financial services such as investment and financing consultation, fund establishment, equity investment, and listing guidance for cultural industries and enterprises by promoting multi-level resource linkage and mutual empowerment, creating a win-win and deep collaborative atmosphere of industry and finance, Promote the innovative and prosperous development of the cultural industry in the Guangdong Hong Kong Macao Greater Bay Area. The establishment of the alliance is equivalent to building a "culture+finance" ecosystem. On the one hand, the alliance will build a bridge of cooperation between capital and projects, build various investment and financing platforms that fully connect funds and enterprises, widely collect high-quality cultural industry enterprises and projects with financing needs, establish a high-quality project recommendation mechanism, and enable efficient connection between capital and high-quality cultural projects. This not only allows capital to find projects, but also enables cultural industry projects to use the power of capital to strengthen and grow, and work together for a win-win situation. On the other hand, the alliance will also bridge regional boundaries, effectively integrate and gather cultural and financial capital from various regions, and maximize the support and guidance of cultural and financial policies from various regions, building a nationwide cultural and financial service platform. Through the platform, capital can share cultural industry investment resources, information, and opportunities, cooperate in cultural industry projects, achieve complementary advantages and win-win cooperation, build an internationally influential investment and financing brand in the Guangdong Hong Kong Macao Greater Bay Area, and accelerate the development of financial and credit products suitable for local cultural enterprises. The guiding units of the alliance are the Propaganda Department of the Guangdong Provincial Committee of the Communist Party of China and the China Cultural Industry Investment Fund. (Lai Xin She)