为新质生产力发展引入金融“源头活水”

Core Insights - The core viewpoint emphasizes the importance of technological innovation as a driving force for high-quality economic development in China, with financial services playing a crucial role in supporting this transition [1][2]. Group 1: Financial Sector Developments - As of June 2025, the total balance of technology loans in China reached 44.1 trillion yuan, marking a year-on-year increase of 12.5%, indicating that technology finance has become a new growth point for commercial banks [1]. - The shift in investment philosophy towards "long-termism" is reflected in the extension of traditional credit terms and the expansion of financing channels and innovative tools [1]. - Financial Asset Investment Companies (AIC) are expanding rapidly, providing new platforms for banks to engage in equity investments and support early-stage investments in hard technology [1]. Group 2: Credit and Risk Management - The financial sector is transitioning from relying on tangible collateral to discovering value, necessitating a restructured credit evaluation system that focuses on a company's innovation capabilities and market potential [2]. - There is a push to promote intellectual property pledge financing, transforming intangible assets into tangible financial resources for development [2]. Group 3: Ecosystem and Institutional Support - To better empower the development of new productive forces, there is a need for continuous improvement in incentive mechanisms, allowing financial institutions to be more willing to lend [3]. - Establishing a new type of bank-enterprise relationship that shares risks and benefits is essential, alongside enhancing the external environment through cross-departmental collaboration [3]. - The financial industry is responding to the call of the times by increasing credit investment and innovating comprehensive services, which is expected to inject continuous development momentum into new productive forces [3].