Core Insights - The core issue faced by the biopharmaceutical industry is the high demand for funding and long development cycles, typically ranging from 5 to 10 years [1] - Financial institutions are exploring non-financial factors to assess and support biopharmaceutical companies that are often in a loss-making state [1] - The "Jin Qiao Conference" aims to enhance the connection between financial resources and enterprises, particularly in the "Five New Cities" area [4][8] Group 1 - The biopharmaceutical industry is a key focus for the Shanghai Qingpu district, recognized as a leading cluster for high-quality economic development [1] - Financial institutions are encouraged to provide more accessible and precise financial services to support the growth of small and medium-sized enterprises [8] - The "Jin Qiao Conference" serves as a bridge to connect the financial sector with the real economy, addressing urgent needs of enterprises [8] Group 2 - The conference will conduct over ten specialized "Park Activities" before the end of the year, targeting various industrial parks to provide integrated financial services [9] - An online platform for the "Jin Qiao Conference" will be available until September 2026, showcasing financial products and services to promote economic development [9] - The Shanghai Financial Industry Association aims to innovate financial service models to enhance convenience and effectiveness for enterprises [8]

Core Insights - The 19th Shanghai Financial Services for the Real Economy Fair (referred to as "Jinhui Conference") was officially launched on September 29, focusing on enhancing financial services for small and medium-sized enterprises (SMEs) and promoting the construction of the "Five New Cities" [1][5] - The conference introduced a new collaborative model involving government, parks, and financial institutions to create a new ecosystem for financial services [1][3] Group 1: Event Overview - The Jinhui Conference is co-hosted by various financial associations and government departments in Shanghai, aiming to innovate financial service paradigms and improve service convenience and precision for SMEs [1][2] - A series of "Park Activities" were initiated, which will run from late September to the end of November, focusing on providing integrated financial services tailored to the specific needs of different industrial parks [2][3] Group 2: Online and Offline Integration - An online platform was launched as part of the conference, allowing for year-round interaction between financial institutions and real enterprises, showcasing financial products and policies [2][3] - The offline activities will directly reach enterprises in various parks, particularly in the "Five New Cities," to ensure that financial resources are effectively allocated to those in need [2][3] Group 3: Financial Support for Enterprises - The "Park Activities" will feature a collaborative team of financial service providers, including banks and non-bank financial institutions, to offer on-site financial consulting and support [3][4] - The conference aims to provide comprehensive financial solutions for enterprises, including policy financing, equity investment, and technology credit, to support their growth and development [4][6] Group 4: Strategic Goals - The conference emphasizes the importance of aligning financial services with national strategies, particularly in green finance and technology finance, to enhance global competitiveness for enterprises [4][5] - The Shanghai Financial Industry Association aims to leverage the conference to accelerate the development of local industries and contribute to the construction of Shanghai as a global financial center [5][6]