全国科技支行达2178家！将实施科技金融创新“揭榜挂帅”

Core Viewpoint - The recent joint release of the "Policies and Measures to Accelerate the Construction of a Science and Technology Financial System" aims to support high-level technological self-reliance and innovation through 15 specific financial policies targeting venture capital, monetary credit, capital markets, and technology insurance [2][3][4]. Group 1: Venture Capital and Financing - Establishment of a "National Venture Capital Guidance Fund" to enhance the entire chain of venture capital, including fundraising, investment, management, and exit strategies [2]. - Encouragement for the development of secondary market funds for venture capital to improve exit channels [2]. - Optimization of the evaluation mechanism for state-owned venture capital to enhance its effectiveness in supporting technological innovation [2]. Group 2: Monetary Policy Tools - Utilization of structural monetary policy tools to guide financial institutions in increasing credit support for technology enterprises, particularly private SMEs [3]. - Expansion of re-loan programs for technological innovation and technology transformation, with a focus on optimizing structure, increasing scale, and reducing interest rates [3]. - Encouragement for commercial banks to establish specialized technology finance institutions to facilitate easier access to loans for technology enterprises [3]. Group 3: Capital Market Support - Establishment of a "green channel" mechanism for technology enterprises in the capital market, enhancing the reform of the Sci-Tech Innovation Board and the Growth Enterprise Market [3]. - Introduction of a "Technology Board" in the bond market to raise long-term, low-interest, and easily accessible bond funds for technological innovation [3][6]. Group 4: Technology Insurance Development - Development of high-quality technology insurance policies to provide risk-sharing and compensation for technology enterprises [4]. - Establishment of a comprehensive technology insurance product and service system covering the entire innovation cycle [4]. - Exploration of a co-insurance mechanism for major technological breakthroughs to support national key technology tasks [4][20]. Group 5: Regional Innovation Practices - Focus on key regions such as Beijing, Shanghai, and the Guangdong-Hong Kong-Macao Greater Bay Area to pilot innovative technology finance policies [18]. - Encouragement for local governments and financial institutions to actively explore unique innovative practices in technology finance [18]. Group 6: Financial Institution Roles - Establishment of 2,178 technology branches nationwide to enhance financial support for high-level technological self-reliance [13][14]. - Implementation of a "345" technology finance service system, including policy, product supply, and professional organization frameworks [14][16]. Group 7: Bond Market Innovations - Nearly 100 institutions have issued technology innovation bonds exceeding 250 billion, with measures in place to support flexible issuance and simplified disclosure requirements [6][7]. - Creation of risk-sharing tools for technology innovation bonds to lower financing costs and extend maturity periods [7]. Group 8: Capital Market Financing Trends - Significant increase in the number of strategic emerging industry companies listed, with over 2,700 companies representing more than 40% of market capitalization [9][10]. - Active mergers and acquisitions in the technology sector, with over 1,400 asset restructuring cases reported, marking a 40% year-on-year increase [10]. Group 9: Insurance Sector Contributions - Insurance industry provided approximately 9 trillion in technology insurance coverage, with over 600 billion invested in technology enterprises [20]. - Ongoing development of policies to optimize the technology insurance service system and enhance the role of insurance in supporting technological innovation [20].