Seven Ministries and Commissions Jointly Guide Banks to Provide Medium- and Long-term Financing for Technological and Product Breakthroughs in Key Manufacturing Industry Chains, Encompassing Integrate
2025-08-05 / Read about 0 minute
Author:小编   

The People's Bank of China, alongside six other ministries and commissions, has unveiled the "Guiding Opinions on Financial Support for New-type Industrialization." These Opinions underscore the importance of leveraging structural monetary policy tools to motivate banks to offer medium- and long-term financing for technological and product advancements in pivotal industrial chains within the manufacturing sector, specifically targeting areas such as integrated circuits, industrial mother machines, medical equipment, servers, instrumentation, foundational and industrial software, and advanced materials. Furthermore, financial institutions are encouraged to tailor their financial products and tools to their unique positions, aiming to bolster the reconstruction of industrial bases and significant technological equipment research initiatives. Technological enterprises that attain groundbreaking achievements in key core technologies will benefit from a streamlined 'green channel' for listing financing, mergers and acquisitions, and bond issuance. Additionally, the Opinions aim to bolster support for the promotion and application of novel products, encompassing the initial batch of major technological equipment, the first generation of new materials, the premiere edition of software, along with specialized, refined, innovative, and distinctive small and medium-sized enterprises, high-tech enterprises, unicorn enterprises, and enterprises pivotal to industrial chains and supply chains.