Seven departments, including the People's Bank of China Chongqing Branch, have collaboratively unveiled measures aimed at bolstering the high-quality development of Chongqing's private sector and addressing the challenging and costly financing issues faced by private enterprises. These initiatives encompass plans to seek the establishment of a pilot zone dedicated to financial reform in scientific and technological innovation, foster the creation of a science and technology finance alliance, and launch the "Science and Technology Innovation Pilot Program." The overarching objective is to elevate the loan balance for technology-driven enterprises to exceed 850 billion yuan by 2025.
