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Guangdong is advancing the issuance of technological innovation bonds, ensuring comprehensive coverage of three key entity types: financial institutions, technology-based enterprises, and equity investment institutions. As of August 18, 2025, the cumulative amount of technological innovation bonds issued in the interbank market throughout the province stands at 44.105 billion yuan. The People's Bank of China Guangdong Branch has prioritized supporting the development of private enterprises and strategic sectors, encompassing prominent private enterprises like TCL Technology and Kingfa Science & Technology, alongside state-owned enterprises such as China Southern Power Grid. This approach has effectively bolstered high-quality technological innovation development.
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