金融资本是支撑高水平科技自立自强的重要力量，发展科技金融是促进科技创新与产业创新深度融合的 必由之路。近年来，我国金融支持科技创新的力度不断加大。数据显示，过去5年，高技术制造业中长 期贷款余额年均保持30%以上的增速；科技型中小企业获贷率从14%提升至47%；科创票据累计发行 8000亿元；超过1700家专精特新企业在A股上市；创业投资基金管理规模达3万亿元。 同时也要看到，我国金融支持科技创新方面还存在一些不足。不少投资机构注重中短期盈利，以"为卖 而买"的心态参与投资，耐心资本不足。我国实体经济的融资方式长期以追求安全性、盈利性的间接融 资为主，与科技型企业的高风险、长期性存在天然矛盾。科技、金融、财政等多部门之间协同作用未能 充分发挥，科技金融政策合力有待进一步加强。 《政策举措》的出台，有助于促进科技金融在支持我国科技创新活动中发挥"顶天立地"的作用。"顶 天"，就是保障国家重大科技任务的实施，加强对国家实验室、科技领军企业等国家战略科技力量的金 融服务。"立地"，就是为广大科技型中小企业纾困解难，引导金融机构进一步加强科技型企业全生命周 期金融服务。 原标题：以高质效金融服务支撑高水平科技自立自强 ...

重要的消息有哪些 1．记者14日从商务部获悉，根据美国白宫5月12日发布的《修改对等关税税率以反映与中华人民共和国 会谈情况的行政令》，美方已于美东时间5月14日凌晨00:01撤销根据2025年4月8日第14259号行政令和 2025年4月9日第14266号行政令对中国商品(包括香港特别行政区和澳门特别行政区商品)加征的共计91% 的关税，修改2025年4月2日第14257号行政令对中国商品(包括香港特别行政区和澳门特别行政区商品) 加征的34%的对等关税措施，其中24%的关税暂停加征90天，保留剩余10%的关税。同时，美方还下调 或撤销对中国小额包裹(包括香港特别行政区小额包裹)加征的关税，将国际邮件从价税率由120%下调至 54%，撤销原定于2025年6月1日起将从量税由每件100美元调增为200美元的措施。鉴于美方根据中美经 贸高层会谈共识撤销、暂停或调整有关对华加征关税，中方相应调整有关关税和非关税对美反制措施。 （新华社） 2．外交部回应中美大幅降低关税。今天，外交部发言人林剑表示，中美双方在日内瓦的经贸会谈达成 多项积极共识，同意大幅降低双边关税水平。美方承诺取消91%关税，暂停实施24%的对等关 ...

文/梧桐兄弟 5月14日，科技部、中国人民银行、金融监管总局、中国证监会、国家发展改革委、财政部、国务院国资委 联合发布《加快构建科技金融体制 有力支撑高水平科技自立自强的若干政策举措》，该《政策举措》明确 到： 发挥 创业投资 支持科技 创新生力军作用，发挥"国家创业投资引导基金"支持科技创新作用、鼓励发展私募 股权二级市场基金（S基金）、支持创业投资和产业投资发债融资等； 集中力量支持重大科技攻关， 优先支持取得关键核心技术突破的科技型企业上市融资。持续支持优质未盈 利科技型企业发行上市 ，优化科技型上市公司并购重组、股权激励等制度。 为深入贯彻党的二十大、二十届三中全会精神，认真落实全国科技大会、中央金融工作会议部署，做好科 技金融大文章， 构建与科技型企业全生命周期融资需求相适应的多元化、接力式金融服务体系 ，科技部、 中国人民银行、金融监管总局、中国证监会、国家发展改革委、财政部、国务院国资委联合发布《加快构 建科技金融体制 有力支撑高水平科技自立自强的若干政策举措》（以下简称《政策举措》）。 《政策举措》坚持问题导向、重点突破， 聚焦服务于国家重大科技战略部署 ，着力构建同科技创新相适应 的科技金 ...

七部门联合印发。 5月14日，据科技部网站消息，为深入贯彻党的二十大、二十届三中全会精神，认真落实全国科技大会、中央金融工作会议部署，做好科技金融大文章，构建 与科技型企业全生命周期融资需求相适应的多元化、接力式金融服务体系，科技部、中国人民银行、金融监管总局、中国证监会、国家发展改革委、财政 部、国务院国资委联合发布《加快构建科技金融体制 有力支撑高水平科技自立自强的若干政策举措》（以下简称《政策举措》）。 一、总体要求 《政策举措》坚持问题导向、重点突破，聚焦服务于国家重大科技战略部署，着力构建同科技创新相适应的科技金融体制，加强对国家重大科技任务和科技 型中小企业的金融支持，重点围绕创业投资、货币信贷、资本市场、科技保险支持科技创新，加强财政政策引导，健全科技金融统筹推进机制以及完善科技 金融生态7个方面内容，凝练了15项科技金融政策举措。 《政策举措》明确，发挥创业投资支持科技创新生力军作用，发挥"国家创业投资引导基金"支持科技创新作用、鼓励发展私募股权二级市场基金（S基金）、 支持创业投资和产业投资发债融资等。发挥货币信贷支持科技创新的重要作用，优化科技创新与技术改造再贷款等结构性货币政策工具、鼓励 ...

七部门：设立"国家创业投资引导基金" 智通财经5月14日电，科技部、中国人民银行、金融监管总局、中国证监会、国家发展改革委、财政 部、国务院国资委印发《加快构建科技金融体制 有力支撑高水平科技自立自强的若干政策举措》，设 立"国家创业投资引导基金"。发挥国家创业投资引导基金支持科技创新的重要作用，将促进科技型企业 成长作为重要方向，培育发展战略性新兴产业特别是未来产业，推动重大科技成果向现实生产力转化， 加快实现高水平科技自立自强，培育发展新质生产力。拓宽创业投资资金来源。将金融资产投资公司 （AIC）股权投资试点范围扩大到18个城市所在省份，支持保险资金参与金融资产投资公司股权投资试 点。支持创业投资机构、产业投资机构发债融资，拓宽直接融资渠道。鼓励社保基金会在自身业务范围 和风险防控要求下开展股权基金投资，支持科技创新。优化管理机制，支持保险资金按市场化原则参与 创业投资，推进保险资金长期投资改革试点。引导理财公司、信托公司等依法依规参与创业投资。 ...

科技部等七部门：设立"国家创业投资引导基金" 金十数据5月14日讯，《加快构建科技金融体制 有力支撑高水平科技自立自强的若干政策举措》提到， 发挥国家创业投资引导基金支持科技创新的重要作用，将促进科技型企业成长作为重要方向，培育发展 战略性新兴产业特别是未来产业，推动重大科技成果向现实生产力转化，加快实现高水平科技自立自 强，培育发展新质生产力。 ...

Core Viewpoint - High-level research universities are essential for fostering innovative talent, conducting fundamental research, and driving significant technological breakthroughs, thus playing a crucial role in national strategic scientific power [5][6][10]. Group 1: Strengthening Support for Technological Independence - High-level research universities must enhance their role as the primary force in technological independence by cultivating top innovative talent and producing original innovative results [6][7]. - The integration of talent cultivation and scientific research is vital, with a focus on attracting excellent faculty and providing robust support for innovative talent development [7][9]. - Universities should balance goal-oriented approaches with free exploration in research, adapting strategies based on historical context and disciplinary characteristics [8][9]. Group 2: Improving Evaluation and Optimizing Ecosystems - Research universities need to align their services with national needs, emphasizing quality, performance, and contribution in evaluations to reflect innovation levels and societal impact [9][10]. - A shift from quantity-based to quality-based research evaluation is necessary, fostering a healthy academic ecosystem that encourages innovation and scientific spirit [9][10]. Group 3: Promoting Interdisciplinary Integration - Interdisciplinary integration is crucial for enhancing technological innovation capabilities, as many significant breakthroughs occur at the intersection of disciplines [10][11]. - Research universities should break down disciplinary barriers and adjust their academic structures to seize technological advantages and address critical challenges [10][11]. Group 4: Organized Research and Innovation Platforms - Organized research is essential for systematic responses to national and regional strategic needs, requiring universities to enhance their research innovation frameworks [11][12]. - Establishing major technological innovation platforms is necessary to gather national strategic scientific resources and improve innovation capabilities [12][13]. Group 5: Cultivating Strategic Scientists - Strategic scientists are key resources for achieving high-level technological independence, necessitating a focus on nurturing and utilizing such talent within research universities [13][14]. - Universities should develop mechanisms for cultivating strategic scientists and ensure their involvement in significant scientific decision-making [13][14]. Group 6: Pursuing Excellence and National Integration - Research universities must align their missions with national modernization goals, exploring mechanisms to enhance the synergy between education, technology, and talent development [14][15]. - Deep integration into the national innovation system is essential for universities to contribute effectively to the development of a strong educational and technological nation [15][16]. Group 7: Building Collaborative Ecosystems - Research universities should create collaborative ecosystems with regional economies, fostering innovation-driven development and enhancing educational and technological support [16][17]. - Active participation in regional development initiatives, such as the construction of innovation centers, is crucial for aligning university capabilities with local industry needs [16][17]. Group 8: Transforming into Strategic Research Universities - Research universities are encouraged to evolve into strategic research institutions, focusing on systematic reforms to enhance their educational and research capabilities [17][18]. - Continuous improvement in governance and management structures is necessary to support the transition towards a world-class university model [17][18].

Core Viewpoint - The issuance of long-term special government bonds in China, amounting to 1.3 trillion yuan, is aimed at boosting domestic demand and consumption, thereby strengthening the domestic economic cycle [2][3]. Group 1: Bond Issuance Details - This year, China will issue 1.3 trillion yuan in long-term special government bonds, an increase of 300 billion yuan compared to last year [2]. - The first issuance will focus on 20-year and 30-year bonds, starting on April 24 [2]. - Of the total, 800 billion yuan will support "two major" projects, while 500 billion yuan will be allocated to expand the "two new" policies [2]. Group 2: Economic Impact - The early disclosure of bond issuance plans and rapid financing is intended to enhance expectations for economic improvement and stimulate consumption [2]. - In the first quarter, supported by the "two new" and "two major" policies, related consumer goods experienced double-digit growth, indicating progress in expanding domestic demand [2]. Group 3: Role of Government Bonds - Long-term special government bonds will enable more fiscal funds to promote consumption and expand domestic demand, converting private savings into effective demand to support economic growth [3]. - These bonds will also provide greater support for technological innovation and industrial development in "two major" construction projects, laying a solid foundation for high-quality development [3]. Group 4: Market Implications - The issuance of long-term special government bonds will increase the supply of safe assets in the market, alleviating the "asset shortage" issue in a low-interest-rate environment [3]. - China's government bonds, as high-grade securities, have the potential to become significant global safe assets, attracting international investors [3]. - As of April 15, foreign institutions have increased their holdings of Chinese bonds by over 270 billion yuan, reflecting a positive attitude towards the Chinese bond market [3].

Group 1 - The core viewpoint of the report highlights the significant changes in the portfolio of the Yinhua Xinyi fund, with major increases in holdings of Midea Group and BYD, while Alibaba and SMIC saw slight reductions [1][3] - Midea Group has become the top holding in the fund, with a total of 4,170,120 shares valued at approximately 327.35 million yuan, representing 6.07% of the fund's net asset value [2] - The fund's stock holdings accounted for 89.74% of its total assets by the end of the first quarter [2] Group 2 - As of the end of the first quarter, the net asset value of Yinhua Xinyi Flexible Allocation Mixed A fund was 2.7219 yuan, with a net growth rate of 14.79%, outperforming the benchmark return of 2.64% [3] - The fund manager expressed optimism about the equity market for the year, maintaining a high equity position and focusing on sectors such as Hong Kong technology, consumption, and A-share manufacturing [3][4] - The manager emphasized the importance of investing in high-quality companies with reasonable valuations that align with national development strategies, indicating a positive outlook for the overall market [4]

Core Viewpoint - China's technological strength in the AI sector has garnered global attention, highlighting the importance of capital markets in supporting technological innovation and nurturing new productive forces [1][2]. Group 1: Capital Market Support for Technology - Since the establishment of the Sci-Tech Innovation Board, 23 unprofitable innovative pharmaceutical companies have gone public, raising nearly 70 billion yuan, which has provided a foundation for continuous R&D investment and innovation [1]. - The government work report emphasizes "promoting high-level technological self-reliance," indicating that capital markets are essential for achieving this goal [2]. - Suggestions from representatives include allowing loss-making projects related to "bottleneck" technologies to go public for financing, thereby increasing IPO supply for tech companies [2][3]. Group 2: Regulatory and Policy Developments - The pace of IPOs could be accelerated to inject "fresh blood" into the capital market, allowing quality tech companies to gain more financing support [3]. - The China Securities Regulatory Commission (CSRC) plans to enhance support mechanisms specifically for tech companies, including the implementation of more inclusive listing standards [3][4]. - The establishment of a national venture capital guidance fund is expected to attract nearly 1 trillion yuan in local and social capital to invest in tech companies [3]. Group 3: Future Outlook - A comprehensive framework is being developed to empower technological innovation through capital markets, with expectations that many tech companies will achieve commercialization similar to innovative pharmaceutical firms [4].