Shang Hai Zheng Quan Bao·2025-07-03 01:56Financial Support for the Real Economy - A series of financial policies have been implemented to support key sectors of the real economy, including credit trials and innovative insurance mechanisms, leading to a positive economic recovery [1][3] - The cumulative visit to over 67 million small and micro enterprises has facilitated the coordination of financing mechanisms [1] Intellectual Property Financing Innovations - The first knowledge property pledge customs guarantee letter was issued in Sichuan, allowing a company to use its core patents to expedite customs clearance [1][2] - As of the end of March, the balance of intellectual property pledge loans in Sichuan increased by 4.48% year-on-year, with a 30.97% increase in the amount issued during the year [2] Support for Small and Micro Enterprises - The "no principal repayment renewal loan" policy has been expanded to all small and micro enterprises, with banks providing a total of 4.4 trillion yuan in renewed loans to meet financing needs [2][3] - The loan balance for high-tech enterprises reached 17.7 trillion yuan by the end of the first quarter, reflecting a 20% year-on-year growth [3] Investment Tools for Technology Enterprises - The establishment of the Chengdu Jiazi Industrial Fund aims to invest in seed and early-stage enterprises in intelligent manufacturing and new energy sectors [3][4] - A total of 74 private equity investment funds have been set up, with signed intention amounts exceeding 380 billion yuan [4] Innovative Insurance Products - The introduction of short-term export credit insurance has provided coverage for foreign trade enterprises against uncertain risks, with over 240 billion USD in insured amounts in the first quarter [5][6] - The "cross-border e-commerce insurance" product has been developed to address challenges faced by cross-border e-commerce companies, enhancing their procurement capabilities [6] Overall Economic Policy Impact - The comprehensive financial policy measures are designed to address immediate issues while promoting long-term sustainable development, thereby boosting confidence and stabilizing expectations in the economy [7]