National Development and Reform Commission: Urges Financial Institutions to Offer Market-Driven Financial Services for Digital Innovation Enterprises
3 day ago / Read about 0 minute
Author:小编   

The National Development and Reform Commission (NDRC) released a notice today, outlining "Several Measures to Bolster the Growth of Innovative Enterprises in the Digital Economy." The notice encourages financial institutions to provide financial services tailored to the investment and financing needs of digital innovation enterprises, adhering to market-oriented principles. Simultaneously, it underscores the importance of enhancing the guidance of venture capital funds, refining the evaluation mechanism for state-owned venture capital, and integrating the cultivation of gazelle (high-growth startups) and unicorn (startups valued over $1 billion) enterprises within the digital economy sector into performance assessments. Additionally, the NDRC urges local authorities to improve their credit evaluation service frameworks, supports financial institutions in developing credit evaluation models that align with the unique characteristics of digital innovation enterprises, strengthens risk assessment mechanisms, optimizes financial products and services, and boosts financial backing for digital innovation enterprises.