余方认为，绿色金融转型必须是一个可持续的过程，而实现可持续发展需要走得通得商业逻辑。目前， 金融工具在绿色发展方面可以发挥三大作用。 第一是可以降低绿色项目成本。余方指出，企业项目决策的核心是净现值评估，而企业综合融资成本是 影响折现率的关键变量。绿色金融工具通过降低融资成本，可使原本净现值为负的绿色项目具备可行 性。 他以转型债券与贷款为例，分享了多个实践案例。比如，中国银行在卢森堡发行3亿欧元三年期钢铁企 业转型债券，定向支持河北钢铁集团废钢回收项目，凭借中国银行的高信用评级，融资成本降至4%， 较企业自主境外融资成本低1-2个百分点，后续河北中行对钢铁企业转型贷款规模达1000亿元。 21世纪经济报道记者 吴霜 "英国崛起依托煤炭，美国崛起依靠石油，中国乃至东亚的崛起，必然要依靠绿色新能源。" 在近日举 办的第四届中欧绿色金融论坛上，上海市科学技术委员会新能源技术处处长赵一新如此表示。 "脱离金融和市场的颠覆性技术，永远只能停留在实验室，"他坦言，过去科技领域与金融行业存在"隔 离"状态，双方认知存在壁垒，而近年来上海正积极响应国家强化科技策源地的要求，推动科技创新与 金融深度融合，激活绿色技术创新动能 ...

当下医疗器械创新浪潮正奔涌向前，而在关节置换领域，宽岳医疗以技术创新为核心，为中国和海外市 场提供高质量的关节产品与解决方案，更将中国关节企业的硬核实力展现于全球舞台。 卓越表现的背后离不开金融赋能。南京银行精准把握政策导向与产业需求，以专业科创金融服务为宽岳 医疗注入发展动能，让医疗创新成果更快惠及民生。 本集南京银行上海分行携手21世纪经济报道，带你走进《科创说·沪上新质生产力》——宽岳医疗篇， 一同探索中国关节企业如何以技术为翼，为全球患者重塑"行走自由"。 一个人工关节在美国FDA的测试标准是500万次，而宽岳医疗给自己定的标准是3000万次。这个看似简 单的数字背后，是一家中国医疗器械企业进军全球市场的决心，也是一场科技与金融深度融合的实践。 "从贷款，到认股权，南京银行上海分行的全生命周期服务见证并支撑了我们从研发走向全球化的关键 阶段。"宽岳医疗融资负责人表示。 2015年，曾在强生医疗工作并担任康辉医疗CFO的王俊文，怀揣着打造"中国强生"的愿景创立了宽岳医 疗。这家从诞生起就带着国际化基因的企业，选择了"海外研发、中国制造、全球销售"的独特路径，将 研发选址在海外，由前任史赛克全球资深研发总 ...

Core Insights - The establishment of Fabaa Tianxing Property Insurance Co., Ltd. marks the 90th entity in China's property insurance market, reflecting the ongoing opening of the financial sector in China [2][8] - The company is backed by a strong shareholder structure, including international insurance giants and leading Chinese technology firms, indicating a trend towards innovative partnerships in the insurance industry [3][4] Shareholder Structure - The shareholder composition includes France's Paris Insurance Group (49% stake), Xiaomi's Sichuan Yinmi Technology (33%), and Volkswagen Financial Services (18%), creating a forward-looking capital and business combination [3][4] - Paris Insurance Group aims for a dual presence in both property and life insurance in China, while Xiaomi's involvement is seen as a key step in its "people-car-home" ecosystem strategy [3][4] Business Focus and Challenges - Fabaa Tianxing's business scope includes motor insurance, property engineering insurance, liability insurance, marine cargo insurance, short-term health and accident insurance, and reinsurance, with motor insurance identified as a core focus [4][5] - The company faces challenges in the motor insurance sector, particularly with high loss ratios and costs associated with new energy vehicles, raising questions about its ability to break industry stagnation [5][6] Technological Integration - The implementation of Usage-Based Insurance (UBI) is a focal point, requiring the integration of various data sources for risk assessment, which poses significant technical challenges [5][6] - Experts emphasize the need for effective data utilization and regulatory support to achieve profitability in UBI, particularly in the context of new energy vehicles [5][6] Management Team - The management team combines international experience and local expertise, with the chairman having over 30 years in the insurance industry and the general manager being one of China's first property insurance actuaries [6][7] - This blend of backgrounds is viewed as crucial for navigating the complexities of the Chinese market [7] Market Positioning - The approval of Fabaa Tianxing's operations is indicative of China's financial market's continued openness, with foreign insurance firms accelerating their presence since the lifting of ownership restrictions in 2018 [8] - The competitive landscape is shifting, with foreign firms needing to leverage specialized capabilities and global resource integration to maintain an edge in the evolving market [8]

Group 1 - The integration of finance and technology is evolving from simple support to a mutually beneficial relationship, creating an "innovative dual engine" for future development [1] - Financial support is becoming a key force in overcoming technological barriers in high-end manufacturing and other advanced technology sectors [1] - Capital plays a significant role in economic development, influencing resource allocation and production, and is increasingly viewed as a "stabilizer" for technological innovation [1] Group 2 - The deep integration of technology and finance faces challenges, particularly in valuation, as high-end equipment companies exhibit characteristics of high investment, high R&D, high technical barriers, and niche markets [2] - The exit mechanism for capital investment in hard technology companies is a critical concern, especially if these companies cannot answer key questions about product potential and growth [2] - AI is a major battlefield for technological innovation, rapidly narrowing gaps between companies and individuals [2] Group 3 - The emergence of AI has sparked innovation within public funds, enhancing research structures and delivering tailored content to clients [3] - AI also presents new challenges for financial institutions, particularly in terms of the potential for misuse and the need for improved discernment [3] - There is a caution against over-reliance on AI, emphasizing the necessity of human oversight in decision-making processes [3]

Core Insights - The integration of finance and technology is evolving from simple support to a mutually beneficial relationship, creating a "dual engine" for innovation [1] - Financial support is becoming a key force in overcoming technological barriers in high-end manufacturing and other advanced technology sectors [1] - Capital markets are increasingly valuing the growth potential of technology companies, leading to changes in pricing systems [1] Group 1: Financial Support and Innovation - Financial backing is crucial for long-term research and development, as highlighted by the experience of Jia Shite, which received significant investment that helped them through tough times [1] - Investment institutions provide not only capital but also resources and governance support, creating a conducive ecosystem for technological innovation [1] Group 2: Challenges in Technology and Finance Integration - There are significant challenges in valuing high-end technology companies, particularly those characterized by high investment, high R&D, high technical barriers, and niche markets [2] - The exit mechanisms for capital investment in hard technology companies remain a critical concern, especially when companies struggle to answer key growth questions [2] Group 3: The Role of AI in Innovation - AI is becoming a central battlefield for technological innovation, helping companies streamline operations and reduce gaps between competitors [3] - While AI offers opportunities for innovation in financial institutions, it also presents challenges, particularly in terms of fraud detection and the need for human oversight in decision-making [3]

Core Insights - The integration of private venture capital, state-owned capital, and Hong Kong-Macau resources is creating a comprehensive capital network that supports the entire lifecycle of enterprises in the Guangdong-Hong Kong-Macau Greater Bay Area [1] - The Greater Bay Area is rapidly becoming a global hub for technological innovation and venture capital, driven by the collaboration of various capital sources [1] Group 1: Private Venture Capital - Private venture capital is a significant highlight in the Greater Bay Area, with firms like Dongfang Fuhai, Dacheng Caizhi, and others deeply engaged in the market [3] - The professional specialization among private venture capital firms is deepening, with specific focuses such as consumer sectors, hard technology, and precision medicine, enhancing investment accuracy and creating a collaborative ecosystem [3] - The success story of Ying Shi Innovation, which saw a 164% increase in R&D investment and a 90% rise in revenue, exemplifies the effective partnership between capital and technological innovation [2][3] Group 2: State-Owned Capital - State-owned venture capital plays a crucial role in the investment landscape, acting as a key funding source and shaping the investment framework in the Greater Bay Area [4] - The establishment of various funds, including a 150 billion yuan angel fund and a 500 billion yuan venture capital fund, demonstrates the commitment to fostering innovation and supporting emerging industries [4][5] - Shenzhen's state-owned capital has built a comprehensive innovation ecosystem, facilitating significant projects in the semiconductor industry and supporting early-stage investments through a network of seed funds [5][6] Group 3: Cross-Border Collaboration - Cross-border collaboration is being enhanced through institutional innovations, with many investment firms establishing connections between mainland China and Hong Kong to explore diverse investment opportunities [7][8] - The establishment of funds like the Qianhai Shenzhen-Hong Kong Youth Dream Factory Fund illustrates the growing trend of integrating resources and capital across borders to support early-stage projects in various sectors [7][8] - The unique conditions of the Greater Bay Area, characterized by "one country, two systems," present both challenges and opportunities for regional integration and development [8]

Core Viewpoint - The financial market connectivity in the Guangdong-Hong Kong-Macao Greater Bay Area is continuously deepening, driven by reforms and opening up, enhancing international competitiveness and collaboration among financial institutions [1][2][3]. Financial Market Connectivity - As of September 2025, the cumulative transaction amount of the "Shenzhen-Hong Kong Stock Connect" is 125 trillion yuan, with the Shenzhen Stock Connect becoming the main channel for foreign investment in A-shares, while the Hong Kong Stock Connect injects liquidity into the Hong Kong market [2]. - The "Cross-Border Wealth Management Connect" has expanded, with a scale exceeding 120 billion yuan, and has seen a significant increase in participation from individual investors [9]. Internationalization of Financial Institutions - Domestic and foreign banks are increasingly engaging in mutual cooperation, exemplified by WeBank's establishment of WeBank Technology in Hong Kong, which has expanded its reach to multiple markets and engaged over 20 partners with intentions exceeding hundreds of millions of dollars [5][6]. - Global financial institutions are intensifying their presence in the Greater Bay Area, with HSBC and Fubon Bank establishing new offices and Santander Bank receiving approval for its Shenzhen branch [6][7]. Securities Industry Developments - The "Cross-Border Wealth Management Connect" 2.0 has seen over 160,000 individual investors participating, marking a growth of over 120% compared to version 1.0 [9][10]. - Securities firms are optimistic about the upcoming "Cross-Border Wealth Management Connect" 3.0, which is expected to expand beyond the Greater Bay Area to major cities like Beijing and Shanghai [10]. - Guangdong-based securities firms are increasing their investments in Hong Kong subsidiaries to build a second growth curve, with notable investments from firms like GF Securities and First Capital Securities [10][12]. Cross-Border Insurance Services - The cross-border insurance services are improving, with policies supporting the development of cross-border medical insurance and vehicle insurance [14][15]. - As of mid-2023, cross-border vehicle insurance has provided coverage for 90,300 vehicles, and health insurance has served over 150,000 individuals [14][15]. - Insurance institutions are establishing operations in the Greater Bay Area to enhance international business, with companies like PICC Hong Kong and China Taiping actively participating in regional development [16]. Upcoming Events - The 20th China Economic Forum will take place on November 18 in Nansha, focusing on the integration of technology and finance, with over 200 representatives from government, listed companies, and financial institutions expected to attend [20].

Group 1: Economic Overview of the Greater Bay Area - The Greater Bay Area, covering less than 0.6% of China's land area, generates approximately 1/9 of the national economic output, showcasing its high economic vitality [1] - The region has the highest density of listed companies in China, with 813 A-share listed companies in the nine mainland cities [1] Group 2: Innovation and R&D Investment - The Greater Bay Area's listed companies have significantly increased their R&D investments, totaling 237.31 billion yuan in the first three quarters of this year, a year-on-year increase of 9.69%, accounting for 20.69% of all A-share companies' R&D expenses [2] - BYD leads in R&D spending among A-share companies with 43.75 billion yuan, focusing on advanced technologies in the electric vehicle sector [2] Group 3: AI and Technology Development - TCL Huaxing is developing an AI architecture that enhances product development and quality control capabilities [3] - Daotong Technology has maintained a high R&D expense ratio of 15% to 20%, resulting in a 61.81% year-on-year increase in net profit for the first three quarters of 2025 [3] Group 4: Industry Upgrades and New Sectors - The Greater Bay Area is becoming a leader in new production capabilities, with breakthroughs in autonomous driving, low-altitude economy, and robotics [4] - Companies like WeRide and Pony.ai are expanding their operations globally, with WeRide holding licenses in seven countries [4] Group 5: International Expansion - In the first half of 2025, listed companies in the Greater Bay Area achieved overseas revenue of 955.60 billion yuan, representing 19.5% of all A-share companies' overseas revenue [7] - BYD's overseas revenue reached 135.36 billion yuan, marking a 50.49% year-on-year increase, as the company accelerates its international expansion [7] Group 6: Financial Empowerment and Future Development - The upcoming "2025 Greater Bay Area Technology and Financial Innovation Development Conference" aims to explore new paths for the integration of technology and finance, enhancing the region's role as an international technology innovation center [10][13]

站在新的起点，中国银行私人银行将依托"企业家办公室"，持续深化"个人-家庭-企业-社会"四维服务内涵，以金融活水滋养科创沃土，携手企业家共同谱写 价值共创、产业进步、与国家战略同频共振的新篇章。 此次GBIC大会聚焦金融服务科技型企业、科创企业家等议题，邀请政府部门、金融机构、科技企业家、科技行业专家代表出席，旨在促进交流、推动合 作、共谋发展、实现共赢。这既是对进博会"开放合作、互利互赢"理念的积极响应，更是深入贯彻党的二十届四中全会精神、落实国家高水平科技自立自强 战略的生动实践。 科创企业家是推动科技创新的核心角色和关键力量。据悉，中国银行在支持科创企业发展壮大的同时，也同样关注企业家的综合服务需求，于2022年创新推 出"企业家办公室"服务品牌。企业家办公室的服务模式可以概括为"1+1的N次方"，"1+1"就是为每一位企业家签约客户配备1名首席顾问和1支顶级服务团 队，"N次方"就是汇聚中银集团"商行+投行"平台资源、"境内+境外"多元市场、"线上+线下"闭环服务、"金融+非金融"综合体系，"一点接入、全球响应"， 围绕企业家的多维需求实现指数级价值创造。 针对企业"走出去"过程中的问题痛点，上海市委 ...

2025年10月31日下午，由吉林省项目推进中心、中共吉林省委金融委员会办公室、吉林省金融控股集团股份有限公司联合主办的"2025年度项目融资服务系 列活动——股权融资项目专题路演"在东北亚国际金融中心举办。活动采用"线上+线下"相结合的方式，主会场设在长春，各地项目推进中心设分会场同步参 与。省发展改革委二级巡视员李立新出席活动并致辞。 本次活动聚焦股权融资，旨在搭建企业与资本高效对接的平台，推动科技与金融深度融合。来自长春三友智造、吉林省乾瑞缘再生资源集团、长春泓钧智能 科技、吉林省筱爱食品、吉林省倍优联新能源科技、吉林省柳源山泉饮品6家企业依次登台路演，项目涵盖轻量化材料、智能回收、智能制造、食品加工、 新能源等多个前沿领域。 路演过程中，与会专家对路演项目逐一点评，围绕项目前景、融资结构、风险管控等方面提出专业建议，助力企业优化融资策略。 活动现场还设置了融资对接专区，方便企业与金融机构开展面对面交流。各地项目单位、金融机构代表通过腾讯会议线上参会，进一步拓展了对接渠道。 初审：李 阳 复审：李兴国 终审：洪秀福 未来，省项目推进中心将以本次活动为契机，持续跟踪项目融资进展，强化政银企协同，助力全省扩 ...