Zheng Quan Shi Bao Wang·2025-09-08 23:59Core Viewpoint - The Bank of China collaborates with the National Intellectual Property Administration to launch the "Zhi Hui Xing" initiative aimed at enhancing financial services for private enterprises, promoting high-quality development in the sector [1] Group 1: Initiative Details - The "Zhi Hui Xing" initiative will run from August 2025 to July 2026 [1] - The Bank of China has allocated a special funding support of 10 billion yuan for this initiative [1] - A total of 5 billion yuan will be specifically directed to pilot regions for intellectual property finance, which include Beijing, Shanghai, Jiangsu, Zhejiang, Guangdong, Sichuan, Shenzhen, and Ningbo [1] Group 2: Target Beneficiaries - The initiative aims to benefit no less than 1,000 small and medium-sized enterprises in the private economy through intellectual property pledge financing [1]