Core Viewpoint - The article discusses the role of financial systems in empowering technological innovation in China, emphasizing the need for optimized financing structures and new financial models to support the development of new productive forces [1][4]. Group 1: Technological Innovation Landscape - China is experiencing a new wave of technological revolution and industrial transformation, with advancements in artificial intelligence, biotechnology, quantum technology, and commercial aerospace [2]. - The country has transitioned from a "follower" to a "leader" in innovation, with emerging industries like new energy and new materials gaining strength [2]. - The China Export-Import Bank plays a crucial role in supporting the export of key products and facilitating international cooperation in technology and production capacity [3]. Group 2: Financial Support for Innovation - There is a pressing need for financial "incubators" and "accelerators" to support both large tech giants and small innovative firms, as current financial supply faces challenges such as short-term funding and low risk tolerance [4]. - The China Securities Regulatory Commission highlights the necessity for technology companies to receive not only financing but also market resource integration and governance improvements to accelerate the transformation of technological achievements [4]. - Financial institutions need to diversify their products and services to better support the unique needs of technology enterprises, which often involve high uncertainty and require specialized assessments [4][5]. Group 3: Government and Market Collaboration - The development of new productive forces requires significant government involvement, including policy guidance and multi-faceted support mechanisms [7]. - Building a technology finance ecosystem that provides comprehensive financial services is essential for supporting technology companies through various growth stages [7][8]. - The capital market is crucial for enhancing the efficiency of innovation capital formation, offering a full range of services from venture capital to public financing [8].