Core Insights - The technology service industry in China is experiencing robust growth, with an average annual revenue increase of 12.3% from 2019 to 2023, and the transaction value of technology contracts expected to exceed 6.8 trillion yuan in 2024, achieving the goals set for the 14th Five-Year Plan ahead of schedule [1][3] - Beijing has emerged as a key hub for the technology service industry, with its industrial scale surpassing one trillion yuan in 2024, contributing significantly to the city's economic growth and high-tech industry upgrades [1][4] Industry Development - The Chinese government emphasizes the integration of technological and industrial innovation, positioning the technology service industry as a crucial link for transforming research outcomes into productive capabilities [3] - During the 14th Five-Year Plan, the government has provided tax incentives to support technology service enterprises, facilitating the incubation and transformation of technological achievements [3] - A comprehensive service system has been established, including three major technology trading platforms and over 1.5 million incubation institutions across the country [3] Financial Empowerment - Financial institutions are actively exploring ways to empower the technology service industry, with products tailored to different stages of enterprise development, such as "Sci-Tech Easy Loan" and "Talent Loan" [5][6] - The use of data-driven approaches is being emphasized, allowing for proactive credit assessments based on dynamic business behaviors, enhancing the accessibility of financing for enterprises [6] Key Achievements - The launch of the national industry-finance cooperation platform's "Technology Achievement Transformation Zone" aims to streamline the conversion of technological achievements into practical applications, with over 1.2 trillion yuan in financing facilitated to date [7] - The "Jiaoyin Torch Loan 2.0" has supported 5,000 technology enterprises in Beijing, with a cumulative credit limit of 8.8 billion yuan, demonstrating the effectiveness of targeted financial products [7] - New standards and collaborative networks have been established to enhance resource integration and service provision within the technology service ecosystem [8]
科技服务业十万亿级赛道升级,“科技、产业、金融”良性循环如何搭建