CSRC: Pioneering More Science and Innovation-Focused Bonds to Facilitate Financing for Eligible Enterprises
2025-06-05 / Read about 0 minute
Author:小编   

In his address at the 2025 Tianjin Wudadao Financial Forum on June 5, Cheng Hehong, Chief Counsel of the China Securities Regulatory Commission (CSRC), unveiled the Commission's plans to bolster the integration of stock and bond markets, foster the high-quality development of corporate bonds for scientific and technological innovation, and delve into additional science and innovation-themed bonds. These efforts are aimed at alleviating the financing burdens on technology innovation enterprises. Cheng Hehong emphasized that the CSRC will proactively encourage eligible enterprises to secure funding through science and innovation bonds, and will incorporate high-quality enterprise science and innovation bonds into benchmark market-making products. Furthermore, he suggested supporting the issuance of Real Estate Investment Trusts (REITs) for projects in emerging infrastructure sectors, such as artificial intelligence, data centers, smart cities, and science and technology innovation industrial parks. This initiative seeks to revitalize existing assets and bolster the digital transformation of traditional infrastructure.