Core Viewpoint - The People's Bank of China Hubei Branch, along with ten other departments, has launched a comprehensive implementation plan to enhance the synergy between technology and finance in Hubei Province, aiming to create a supportive ecosystem for high-level technological self-reliance and innovation [1][2]. Group 1: Implementation Mechanism - The Hubei Provincial Technology Finance Coordination Mechanism consists of ten departments, including the People's Bank of China Hubei Branch and the Hubei Provincial Department of Science and Technology [1]. - Four specialized working mechanisms have been established under this coordination mechanism: Technology Finance Service Alliance, Policy Implementation Mechanism, Provincial-City (District) Coordination Mechanism, and Daily Work Support Mechanism [1]. Group 2: Financial Services and Policies - The Technology Finance Service Alliance includes 43 financial institutions and aims to foster cross-sector financial service cooperation [1]. - The Policy Implementation Mechanism focuses on the execution of key national and provincial technology finance policies, including monetary policy tools for technological innovation and government-guided funds [1][2]. - The Provincial-City (District) Coordination Mechanism emphasizes policy collaboration and business guidance, ensuring efficient cooperation between provincial and local resources [1]. Group 3: Financial Support and Growth - As of the end of August, the new technology loans in Hubei accounted for 32.7% of the total new loans, indicating a significant driver for credit growth [2]. - The year-on-year growth rate of loans to technology-based small and medium-sized enterprises reached 26.1%, reflecting an expanding coverage of technology finance services [2]. - The People's Bank of China Hubei Branch plans to leverage the coordination mechanism to enhance the technology finance service ecosystem and support the establishment of a regional technology innovation center [2].
湖北:十部门建立科技金融统筹推进机制
Zheng Quan Shi Bao Wang·2025-11-18 13:23