Core Viewpoint - The document outlines measures to enhance the role of financial technology in promoting innovation in Zhejiang Province, with a focus on facilitating cross-border investment and financing [1] Group 1: Cross-Border Investment Facilitation - The proposal aims to increase the convenience of cross-border investment and financing [1] - It emphasizes the utilization of the Qualified Foreign Limited Partner (QFLP) pilot policy to guide foreign venture capital institutions in compliant cross-border investments [1] - By 2027, the scale of QFLP and Qualified Domestic Limited Partner (QDLP) pilot funds is expected to exceed 40 billion yuan [1] Group 2: Support for Research and Technology Enterprises - The initiative supports the "Kehuitong" pilot program, allowing foreign research funds to be directly transferred to foreign-funded non-enterprise research institutions [1] - It promotes the facilitation of cross-border financing for technology-based enterprises, particularly those classified as high-tech, "specialized and innovative," and technology-oriented small and medium-sized enterprises [1] - Eligible companies can independently borrow foreign debts within a limit of up to 10 million USD [1]

Core Viewpoint - The action plan aims to enhance the convenience of cross-border financial services in Shanghai, particularly focusing on improving the efficiency of fund utilization for Qualified Domestic Limited Partners (QDLP) [1] Group 1: Policy Enhancements - The plan supports QDLP pilot enterprises in raising domestic funds and allows them to invest in low-risk domestic money market funds and cash management products [1] - It facilitates the phased foreign exchange of funds after the establishment of funds, based on the needs of the overseas master fund [1] - The initiative encourages the expansion of fundraising sources for QDLP, exploring both domestic and foreign currency fundraising [1]