Core Viewpoint - The document emphasizes the critical role of technology finance in supporting high-level technological self-reliance and innovation in China, highlighting the issuance of a policy document by seven government departments aimed at addressing structural contradictions between technological innovation and financial services [1]. Group 1: Current Challenges in Technology Finance - The technology finance system in China faces several bottlenecks, including mismatches between the supply of technology finance and the actual needs of technology enterprises, particularly for high-risk, high-investment, and light-asset "hard technology" companies [2][3]. - There is a low proportion of direct financing, especially equity financing, in the financial structure, which does not align well with the high-risk, high-reward nature of technological innovation [3][4]. - Insufficient policy coordination and an imperfect ecological environment hinder the overall effectiveness of technology finance, with a lack of interdisciplinary talent further complicating the situation [4]. Group 2: Strategic Deployment and Core Ideas - The policy document aims to construct a technology finance system that aligns with technological innovation, proposing a series of targeted strategic deployments to provide comprehensive financial services throughout the lifecycle of technology innovation [5][6]. - The establishment of a "National Venture Capital Guidance Fund" is proposed to support the growth of technology enterprises and promote the transformation of significant technological achievements, potentially mobilizing nearly one trillion yuan in local and social capital [5][6]. - The document encourages the expansion of venture capital sources and the participation of various financial institutions in supporting technology innovation through direct financing methods [6][7]. Group 3: Key Policy Measures - The policy emphasizes the need for monetary credit support for technology innovation, advocating for the use of structural monetary policy tools to enhance credit support for key technological projects and small technology enterprises [7][8]. - It calls for strengthening the capital market's role in supporting technology innovation, including enhancing mechanisms for new stock issuance and supporting the listing of technology enterprises with key technological breakthroughs [8][9]. - The document highlights the importance of technology insurance as a stabilizing factor, proposing the development of insurance products that cover the entire lifecycle of technology enterprises [9]. Group 4: Implementation and Coordination - Successful implementation of the policy requires effective coordination among various government departments and the establishment of a dynamic identification mechanism for "technology enterprises" [10][11]. - The document stresses the importance of market-oriented and efficient operation of government guidance funds and policy tools to ensure effective use of financial resources [11][12]. - Building a comprehensive technology finance ecosystem is essential for sustainable policy development, with a focus on cultivating interdisciplinary talent to address the talent gap in the sector [12].

每经记者｜张寿林 每经编辑｜陈旭 5月14日，科技部官网发布消息，近日科技部等7部门联合印发《加快构建科技金融体制 有力支撑高水 平科技自立自强的若干政策举措》（以下简称《政策举措》）的通知，重点围绕创业投资、货币信贷、 资本市场、科技保险支持科技创新等七个方面内容，凝练出15项科技金融政策举措。 业内人士认为，《政策举措》的出台将有效统筹创业投资、货币信贷、资本市场、科技保险等科技金融 工具，推动更多金融资源进入科技创新领域，引导金融资本更多投早、投小、投长期、投硬科技，切实 破解金融支持科技创新堵点难点问题，实现科技金融"破题"。 知名经济学者、工信部信息通信经济专家委员会委员盘和林接受《每日经济新闻》记者采访时表示，要 让资本青睐科技创新和初创企业，关键是提高科技创新和初创企业的成功率，成功的案例越多，投资回 报率越高，资本的热情也就越高。 鼓励社保基金会开展股权基金投资 《每日经济新闻》记者了解到，本次《政策举措》出台的背景在于做好科技金融大文章，构建与科技型 企业全生命周期融资需求相适应的多元化、接力式金融服务体系。 《政策举措》坚持问题导向、重点突破，聚焦服务于国家重大科技战略部署，着力构建同科技 ...