The Ministry of Science and Technology, alongside seven other ministries, has unveiled a novel policy designed to foster a robust science and technology finance ecosystem. This system aims to bolster high-level technological self-reliance and self-improvement. The policy encompasses seven pivotal areas, namely venture capital, monetary credit, and capital markets, and outlines a comprehensive suite of 15 initiatives. Among these, key measures include refining re-lending for scientific and technological innovation, introducing a 'tech board' within the bond market, expanding pilot programs for long-term capital, and streamlining green channels for technology-driven enterprises in capital markets. These strategic steps are aimed at alleviating the financing challenges faced by technology enterprises, fostering deeper integration between technology and finance, and ultimately driving forward high-level technological self-reliance and self-improvement.
