Shenzhen’s Science Technology and Innovation Committee has unveiled its 2015-2017 action plan to attract future hardware projects from abroad during a five-day trade fair. Shenzhen Maker Week drew thousands of manufacturers and 100,000 visitors, making it the biggest fair of its kind to date in China. The city aims to attract 100,000 high-tech companies by 2017. The Committee plans to establish over 200 “makerspaces,” or idea-sharing workshops in the city over the next few years. Shenzhen already has about 40. New makerspaces will be able to apply for financial help of up to CNY5 million each, whether foreign or local. The government will also sponsor equipment upgrades and servicing. The city will offer permanent residency to the top performers, and manufacturers will be able to enjoy some free services. The move comes after Chinese Premier Li Keqiang went on an inspection tour of the city recently to spur innovation and help counter the economic slowdown that China is facing after three decades of unchecked growth.