Core Insights - The insurance industry in China is encouraged to support technological innovation by providing cross-cycle insurance capital, promoting the integration of technology and industry [1] - The National Financial Regulatory Administration is drafting documents related to insurance support for technological innovation in collaboration with the Ministry of Science and Technology [1] Group 1 - The insurance sector can offer diversified risk protection for technological innovation, as both the average liability duration of insurance capital and the average R&D cycle of tech companies range from 10 to 15 years, making them well-matched [1] - Over 3,000 innovative projects have been supported by the first batch of insurance in China, covering advanced manufacturing materials, smart driving in the new energy sector, and cybersecurity in the digital field [1] - The insurance industry is urged to adapt to the trend of technology and industry integration, such as by analyzing the claims data of 137 high-claim vehicle models to assist automakers in optimizing designs [1] Group 2 - The rise of intelligent driving in new energy vehicles is expected to have a profound impact on the insurance industry, necessitating early assessments of changes in accident rates following the widespread adoption of smart driving [1]