Core Viewpoint - The article emphasizes the importance of collaboration between the technology and finance sectors to support high-level technological self-reliance and innovation in China, as outlined in the recently released policy measures by multiple government departments [1][2]. Group 1: Policy Measures Overview - The joint policy measures focus on seven areas including venture capital, monetary credit, capital markets, technology insurance, and bond markets, proposing 15 specific initiatives aimed at enhancing financial support for technology innovation [2][3]. - Key initiatives include the establishment of a "National Venture Capital Guiding Fund" to encourage early, small, long-term investments in hard technology, and the use of structural monetary policy tools to increase credit support for technology enterprises [2][3]. Group 2: Capital Market Highlights - The policy measures introduce a "green channel" mechanism for technology enterprises in capital markets, reforming the Sci-Tech Innovation Board and the Growth Enterprise Market to provide better institutional support for innovative companies [3]. - A notable innovation is the proposal to establish a "Technology Board" in the bond market, aimed at raising long-term, low-interest, and easily accessible bond funds for technological innovation [3][4]. Group 3: Financial Support and Ecosystem - The measures aim to create a comprehensive financial support system for major technological tasks and the development of small and medium-sized technology enterprises, focusing on both supply and demand sides [3][6]. - The policy emphasizes the need for a diversified and relay-style financial support system, encouraging participation from various financial entities such as venture capital, insurance funds, and social security funds [3][6]. Group 4: Current Market Response - As of now, nearly 100 institutions have issued over 250 billion yuan in technology innovation bonds, indicating a positive market response to the establishment of the "Technology Board" [4]. - The capital market reforms have led to over 90% of new listings in 2024 being in strategic emerging industries or high-tech enterprises, showcasing the growing cluster of key technology companies [5]. Group 5: Future Directions - The financial regulatory authorities plan to enhance the intensity and service capacity of technology loans, develop the "Technology Board" in the bond market, and improve the financial service levels in technology-intensive regions [6]. - The goal is to establish a long-term financial support mechanism for technology innovation and address the financing challenges faced by technology-oriented small and medium enterprises [6].

作为实现科技和金融"双向奔赴"的基础性、引领性制度安排，近日，科技部会同中国人民银行、国家金 融监管总局、证监会等七部门联合印发《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》（下称《政策举措》）。 聚焦创业投资、货币信贷、资本市场、科技保险、债券市场等7个方面，提出了15项政策举措，既有存 量政策的迭代升级，也有增量政策的创新供给。 长期资本和耐心资本对科技企业发展至关重要。金融监管总局开展多项试点工作，为科技企业引入长期 资本。 比如，金融资产投资公司股权投资试点范围扩大至全国18个城市及所在省份，签约意向金额突破3800亿 元；保险资金长期投资改革试点稳步推进，前两批试点金额分别为500亿元、1120亿元，第三批600亿元 近期将批复，累计试点金额达2220亿元；科技企业并购贷款试点在18个城市开展，并购贷款期限从7年 延长至10年，资金占比从60%提升至80%，已全面落地；知识产权金融生态综合试点联合相关部门解决 知识产权登记、评估、处置难题。 资本市场在支持科技型企业直接融资中发挥关键枢纽作用。《政策举措》提出，建立健全科技型企业资 本市场"绿色通道"机制，深化科创板、创业板改革， ...

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等七个方面内容，凝练了1 5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 ...