Core Viewpoint - The article emphasizes the critical role of insurance funds in supporting technological innovation as part of China's modernization efforts, highlighting the need for insurance capital to evolve from "long-term capital" to "patient capital" and ultimately to "capable capital" [1][2]. Group 1: Technological Innovation and Financial Support - The current economic phase in China is characterized by high-quality development, with a dual drive from traditional industry upgrades and emerging industry cultivation [2]. - The construction of a "technology-industry-finance" virtuous cycle is essential for enhancing financial services' capabilities and efficiency in supporting technological innovation [2][3]. - Insurance asset management institutions are forming a comprehensive financial service system that covers the entire lifecycle of technology companies, integrating various financial tools [3]. Group 2: Opportunities and Challenges in Supporting Technological Innovation - China's capital market system has been continuously improving, creating structural opportunities for investment in technology industries, particularly in hard technology and artificial intelligence [4]. - The development of technology finance is a key measure to implement financial strategies and address the "asset shortage" faced by insurance funds [4]. - Recent policies have enhanced the tolerance of insurance funds for short-term market fluctuations, promoting a "long money, long investment" environment [4]. Group 3: Strategic Initiatives and Investment Approaches - Insurance funds are encouraged to deepen industry chain research, optimize asset allocation, and strengthen active management to provide comprehensive services to leading technology companies [5][6]. - The focus is on core sectors such as hard technology, artificial intelligence, and healthcare, with a systematic approach to equity investment in technology innovation [7]. - As of June this year, the investment balance in the technology finance sector by Zhongcai Asset is nearly 20 billion yuan, with plans to further integrate finance with technology and industry [8].

科技创新关乎中国式现代化建设全局。近年来，一系列政策文件相继出台，更加明确了保险资金支持科 技创新的职责使命与实施路径。 近日，中再资产党委书记、董事长李巍表示，保险资金亟须实现从"长期资本"到"耐心资本"再到"有为 资本"的能级跃升，主动适配投融资新范式。这意味着，保险资金不仅要做时间的朋友，更要成为产业 趋势与企业生命周期的"坚定陪跑者"，在科技创新全周期中展现新作为。 发力科技金融是保险资金的时代使命 当前，我国经济步入高质量发展新阶段，传统产业升级与新兴产业培育双轮驱动格局构建加快。从半导 体自主可控持续突破、DeepSeek大模型等人工智能成果密集涌现，到创新药出海步伐提速、"新三样"出 口逆势增长，科技创新正成为综合国力跃升的核心支点。 李巍认为，构建"科技-产业-金融"的良性循环，提升金融服务科技创新能力与效率，是培育壮大新质生 产力、建设现代化产业体系的核心路径。科技金融作为重构"制度-资本-技术"关系的关键加速器，其战 略地位日益凸显。 要激活创新生态离不开科技金融的精准灌溉。李巍认为，科技金融的核心价值关键在于双重赋能：一方 面，通过资金融通、风险分散等市场化机制，优化资本配置以精准赋能企 ...