加快构建科技金融体制，北京打算这么干！

Core Viewpoint - Beijing is accelerating the construction of a technology finance system to support high-level technological self-reliance and innovation, with a clear implementation plan set for 2025-2027 [1] Group 1: Implementation Plan Goals - By the end of 2027, the plan aims to introduce over 1 trillion yuan in new funds for technology innovation, with technology loans and loans to technology enterprises expected to exceed 5.5 trillion yuan and 2.5 trillion yuan respectively, growing faster than the national average [1] - The issuance scale of technology innovation bonds, technology insurance, and listings of technology enterprises is expected to rank among the top in the country [1] Group 2: Support for Technology Enterprises - The Beijing Securities Regulatory Bureau will enhance support for qualified unprofitable technology enterprises to go public, particularly encouraging listings on the Beijing Stock Exchange [2][10] - In the first nine months of this year, Beijing added 11 new listed companies, leading the country in the number of companies listed on the Beijing Stock Exchange and the New Third Board [4] Group 3: Investment and Financing Initiatives - The Beijing Municipal Financial Office has introduced policies to promote high-quality development of venture capital and equity investment, with significant transactions completed in fund share transfers and pledges [5] - As of August, loans to technology SMEs in Beijing grew by 30.9%, significantly outpacing the overall loan growth rate [6] Group 4: Regulatory and Policy Framework - The National Financial Supervision Administration has implemented several initiatives to promote technology finance, including pilot projects for equity investment and long-term insurance fund investments [7] - The Beijing Financial Regulatory Bureau is focused on ensuring the implementation of the plan while managing risks effectively [8] Group 5: Capital Market Development - The plan emphasizes the role of capital markets in supporting technological innovation, with efforts to enhance private equity fund establishment and improve the listing process for technology enterprises [9] - The Beijing Securities Regulatory Bureau will support the issuance of REITs for new infrastructure projects, including artificial intelligence and smart cities [10]