Core Insights - The article emphasizes the importance of a symbiotic relationship between technology, industry, and finance in driving high-quality economic development in China [1][3][9] Group 1: Symbiotic Relationship - The relationship between technology, industry, and finance is described as a symbiotic system where each element supports the others, and none can thrive without the others [3][6] - Financial support is crucial for the transformation of technological innovations into industrial applications; without it, technologies may remain in the research phase [3][4] - The rapid iteration and diffusion of AI technology are attributed to significant improvements in financial resource allocation efficiency [3][10] Group 2: Role of Financial Institutions - Financial institutions are evolving beyond simple resource allocation, incorporating advanced algorithms and data-driven models into their operations [4][6] - There is a need for better integration between technical experts and decision-makers within financial institutions to effectively identify and support promising technology projects [7][10] - The concept of "patient capital" is highlighted as essential for supporting high-risk, high-growth technological innovations, contrasting with short-term capital that may withdraw in uncertain conditions [6][10] Group 3: Industrial Upgrading - The ultimate goal of the technology-finance relationship is to facilitate industrial upgrading, which is necessary for overcoming structural challenges in the economy [9][10] - China's trade surplus reached a historic high of $1.076 trillion, indicating strong export competitiveness supported by numerous specialized small and medium enterprises [10] Group 4: Green and Intelligent Development - The article discusses the interdependence of "green" and "intelligent" technologies, emphasizing that advancements in one area require progress in the other [11][12] - The transition to a green energy system is essential for sustainable technological development, and financial practices need to better integrate green and intelligent criteria in project evaluations [13][14] Group 5: Challenges and Future Directions - There is a lack of standardized metrics and cross-disciplinary knowledge that hampers the effective integration of technology, industry, and finance [16][17] - The article calls for a transformation in financial services to better support technological innovation and to cultivate cross-disciplinary talent [17][18]
中国社会科学院经济研究所二级教授杨虎涛:“科技—产业—金融”未来要走向良性循环|专访
Sou Hu Cai Jing·2025-12-18 10:18