国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
China
Home / China / Innovation

China ramps up financial support for tech innovation: senior official

Xinhua | Updated: 2026-02-28 10:28
Share
Share - WeChat
A visitor touches an intelligent hand product at the Intelligent Industry and Information Technology exhibition area of the eighth China International Import Expo in East China's Shanghai, Nov 6, 2025. [Photo/Xinhua]

BEIJING -- China has made substantial progress in strengthening financial support for technological self-reliance, launching a national venture capital guidance fund with an estimated total scale of 1 trillion yuan ($144.45 billion), a senior official said on Friday.

Pan Xiaodong, secretary general of the Ministry of Science and Technology, told a press conference in Beijing that the fund will focus on investment in early-stage, small, long-term and hard-tech enterprises.

Pan noted that the ministry, together with the People's Bank of China and six other government departments, last year issued a policy document to accelerate the establishment of a technology-finance system. A coordination mechanism has since been launched to ensure effective implementation, already achieving notable results.

Additionally, the ministry has collaborated with financial institutions and local governments to establish various funds totaling over 350 billion yuan, including tech-industry integration funds and secondary market funds, to streamline venture capital circulation.

Bank credit support for tech innovation has also been enhanced significantly. The scale of relending for technological innovation and technological transformation has been increased to 1.2 trillion yuan, with interest rates lowered to 1.25 percent and a broader scope of support, Pan said.

By implementing a special guarantee plan for technological innovation, 26 banks have signed contracts with tech enterprises exceeding 390 billion yuan in total. By the end of 2025, outstanding loans to tech-based small- and medium-sized enterprises had reached 3.63 trillion yuan — a 19.8 percent year-on-year increase.

Pan noted that the capital market's capacity to serve technological innovation has been strengthened, with reform measures for the Science and Technology Innovation Board (STAR) market implemented to enhance its inclusiveness and adaptability.

The bond market has also opened a long-term, low-interest direct financing channel for financial institutions and sci-tech enterprises, with a total of 1.8 trillion yuan in technology innovation bonds issued by various entities in 2025, according to the official.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
平乡县| 烟台市| 肃宁县| 盘山县| 吉林省| 孟村| 炉霍县| 汤阴县| 会宁县| 渝北区| 建宁县| 文安县| 蓬安县| 湘阴县| 靖江市| 汾阳市| 佛冈县| 巴林左旗| 光山县| 浦东新区| 吉木乃县| 田阳县| 和龙市| 玉树县| 南安市| 文山县| 西丰县| 确山县| 博野县| 开化县| 宣汉县| 东辽县| 年辖:市辖区| 宜兰市| 扶沟县| 昌都县| 固安县| 禹州市| 天等县| 壤塘县| 武定县|