记者丨张赛男 编辑丨朱益民 2025年7月22日，科创板迎来开市六周岁的生日。 作为我国资本市场改革的"试验田"和科技创新的核心枢纽，科创板六年来持续推动制度创新与 产业升级，成为全球瞩目的"硬科技"企业聚集地。 截至2025年7月22日，科创板上市公司达到589家。 六年多来，上交所坚守科创板板块定位，深化各项制度机制创新，改革效应不断放大。特别 是"科创板八条"发布实施一年来，科创板改革"再出发"，服务科技创新和新质生产力发展的能 力持续增强。 六年耕耘，科创板持续引领制度创新。 今年6月，"1+6"政策措施发布，统筹推进投融资综合改革和投资者权益保护，加快构建更有利 于支持全面创新的资本市场生态，揭开科创板新一轮改革序幕。 中信建投证券董事总经理董军峰在受访时表示，在科创板迈入"六年之期"的当口，设立"科创 成长层"及配套六项改革，标志着我国资本市场服务科技创新企业进入"精准滴灌"新阶段。 IPO募集资金超9 2 0 0亿元 科创板主要服务于符合国家战略、突破关键核心技术、市场认可度高的"硬科技"企业，建立了 多元包容的发行上市制度、灵活便捷的股权激励制度和市场导向的并购重组制度，板块定位和 制度设计与 ...

低调但关键的城市定位 无锡的特殊在于 ： 其4627平方公里的面积在长三角核心城市中最小，比苏州小近一倍。其"壮士断腕"最为猛烈（关停数千家污染企业）、其产业传承和承接上海相关技术溢 出颇为巧妙，最终"用六十分的牌打出九十分"—— ●无锡人均GDP连续第四年超越上海。 ●在土地面积远小于苏州、杭州等城市的情况下，工业用地的产出效率在长三角、乃至全国都是领先水平。同时精准嵌入国家战略齿轮——成为集成电路 等高附加值产业的核心布局节点。 江南"小"城，不追逐灼目的聚光灯，却在长三角的创新拼图中，以不可或缺的姿态托举起整片星群的光辉。 作为先行者，无锡的"小城大业"对其他城市也颇有借鉴意义—— 找准自身特色与国家战略的结合点。 北京，清华大学的实验室。屏幕上是复杂的气动模型，工程师调整参数，敲下回车键。数据流开始奔涌。在经历了无数次计算模拟后，国产大飞机与天宫 一号终于正式踏上征服苍穹之路。 承载这些数据洪流的核心算力——在千里之外一座江南小城，一个不起眼的灰色建筑中。 source：unsplash无锡 长三角的夜空群星璀璨。 以龙头上海为原点向外延伸，依次是苏州的外资制造集群、杭州的数字经济生态、南京的产学研转 ...

Core Viewpoint - The Ministry of Commerce has issued a work plan to deepen the reform and innovation of national-level economic and technological development zones, aiming to lead high-quality development through high-level openness [1] Group 1: Support for Foreign Investment - National-level economic and technological development zones will prioritize foreign investment projects in key sectors such as integrated circuits, biomedicine, and high-end equipment manufacturing [1] - Local governments are encouraged to enhance support for landmark foreign investment projects in these zones to expedite their construction [1] Group 2: Encouragement of Investment in Emerging Industries - Various funds, including foreign investment funds, are encouraged to invest in emerging industries within national-level economic and technological development zones to foster and incubate small and medium-sized enterprises [1] Group 3: Tax Incentives for Foreign Investors - The plan guides national-level economic and technological development zones to implement tax incentives for foreign investors, such as deferred tax on reinvested profits [1]

Group 1 - The core viewpoint highlights that the ChiNext Index continues to demonstrate characteristics of "innovation and high growth," with sample companies achieving a total revenue of 1.7 trillion yuan and a net profit of 180 billion yuan in 2024, and showing strong growth in Q1 2025 with revenue and net profit increasing by 9% and 26% respectively [1][2] - In 2024, nearly 70% of sample companies reported positive revenue growth, and nearly 50% reported positive net profit growth, with over 40% of companies achieving revenue and net profit growth exceeding 10% year-on-year [1] - The overall profitability and cash generation capability of the ChiNext Index sample companies improved, with gross profit increasing by 12% and cash flow increasing by 16% year-on-year [1] Group 2 - The strategic emerging industries within the ChiNext Index are showing a clustered development trend, accounting for 92% of the index and contributing 73% of total revenue and 85% of net profit [2] - The digital economy sector continues to perform strongly, with sample companies achieving a revenue growth of 22% in 2024, particularly with overseas revenue increasing by 45% [2] - Research and development (R&D) investment among sample companies reached 88 billion yuan in 2024, representing a 10% year-on-year increase, with over 20% of companies investing more than 15% of their revenue in R&D [2] Group 3 - The ChiNext Index has gained favor among institutional investors, with product scale surpassing 160 billion yuan in 2024 and net inflows exceeding 50 billion yuan [3] - The increasing allocation of medium to long-term funds is expected to enhance the investment value and attractiveness of the ChiNext Index, supporting high-level technological self-reliance [3]

银行间科创债融资需求旺盛首批发行注册规模达210亿元 近年来，银行间市场服务科创企业融资的主要形式为科创票据，引导大量资金高效、便捷、低成本投向科技创新领域。2025年1月1日至4月21日，在银行间 市场发行的科创票据共计173只，规模为1610.10亿元。 新华财经北京5月9日电（王菁）随着债市"科技板"正式出炉，银行间市场积极响应、创新推出科技创新债券，通过丰富支持主体范围、拓宽募集资金用途、 优化注册发行安排、创新风险分担机制、强化存续期管理、完善配套机制等多种举措，引导金融资本投早、投小、投长期、投硬科技。 业内人士表示，银行间科创债目前致力于鼓励成长期、成熟期科技型企业发行中长期债券，为高新技术创新引来"源头活水"；同时，支持投资经验丰富的股 权投资机构发行长期限科技创新债券，培育"耐心资本"。金融与科技深度融合的创新实践，将助力构建起全方位、多层次的科创金融生态体系。 随着科创行业的日益壮大、中长期资金需求的逐渐增长，更精准、更期限适配的债务融资需求被业内关注，由此债市"科技板"应运而生。日前，中国人民银 行、中国证监会联合发布关于支持发行科技创新债券有关事宜的公告，从丰富科技创新债券产品体系和完 ...