Tech-finance innovation propels deep integration of science, industry, city, and talent in China's Chongqing High-tech Industrial Development Zone

Core Insights - The event in Chongqing marked the launch of a pilot program aimed at promoting tech-finance integration for the development of the cities of Chongqing and Chengdu [1][2] - The high-tech zone is leveraging tech-finance to support the growth of sci-tech startups and create an international innovation ecosystem [2][3] Tech-Finance Integration - Innovative tech-finance practices are bridging various chains including talent, innovation, industrial, and international resource chains [3] - The high-tech zone has introduced new capital investment models, such as angel funds and a mechanism of "R&D/investment first, equity acquisition later," to address initial financing challenges for sci-tech enterprises [3] Talent and R&D Development - Financial empowerment has led to an influx of international talent and the commercialization of scientific breakthroughs, with the establishment of Chongqing's first international talent innovation and entrepreneurship service hub [4] - The talent pool in the high-tech zone has been expanding at an average annual rate exceeding 15%, supported by high-tier R&D platforms like Jinfeng Laboratory [4] Industrial Growth and Ecosystem - The integration of industrial internationalization and urban function enhancement is progressing within an open ecosystem, with tech-finance support driving growth in sectors such as intelligent connected new energy vehicles and integrated circuits [5] - The high-tech zone is deeply integrated into global cooperation networks, enhancing international digital connectivity and regulatory alignment through initiatives like the China-Singapore (Chongqing) Demonstration Initiative [6] Global Innovation Integration - Through innovative tech-finance mechanisms, the high-tech zone is systematically integrating global innovation elements, facilitating the convergence of talent, technology, capital, and information [7] - A world-oriented, influential science and future city is emerging rapidly in Chongqing [7]