Core Insights - The Jiangsu Province is focusing on building a globally influential industrial technology innovation center through a ten-year action plan aimed at doubling the modern high-tech service industry, emphasizing six key areas: research and development, entrepreneurial incubation, digital industries, biotechnology, green energy and carbon reduction, and technology finance [1][2] Group 1: Industry Growth and Performance - The revenue of the province's scientific research and technical service industry has shown steady growth, with a year-on-year increase of 9.3% from January to August this year, ranking among the top in the country [1] - The province aims to enhance the quality and scale of high-tech service entities, with the first national regional technology transfer center established in Jiangsu, collecting over 500 enterprise technology demands [5] Group 2: Policy and Support Measures - Jiangsu has implemented 14 specific measures to support the development of the modern high-tech service industry, including optimizing technology platform support and incubating new business models [2] - The province has introduced policies to support high-tech enterprises in the technology service industry through loan interest subsidies and innovation vouchers, benefiting approximately 1,000 enterprises in 2024 [2] Group 3: Innovation and Research Platforms - Jiangsu is enhancing platform construction to gather innovation resources and break through key technologies, with significant advancements in various laboratories focusing on critical technologies such as 6G wireless networks [3] - The province is establishing a high-level new research and development institution system, aiming to build 10 leading, 30 benchmark, and 50 growing institutions [3] Group 4: Technology Transfer and Collaboration - The province has successfully held three consecutive industry-academia-research cooperation conferences, facilitating over 13,000 collaborations and creating a significant platform for technology and industry integration [4] - Jiangsu has revised regulations to improve the technology transfer system and launched a digital technology platform to match supply and demand effectively [4] Group 5: Financial Support and Development - Jiangsu is deepening the integration of technology and finance, with a planned issuance of 300 billion yuan in special loans for the technology sector in 2025 [7] - The province has introduced over 200 specialized financial products for technology enterprises and has facilitated credit loans totaling 117.6 billion yuan for more than 11,000 companies [8] Group 6: Future Development Plans - The Jiangsu Provincial Science and Technology Department plans to accelerate the high-quality development of the technology service industry, focusing on enhancing service capabilities and promoting the comprehensive development of various sectors [8]

Core Viewpoint - The article emphasizes the need to reconstruct the technology service framework to bridge the gap between innovation and industry, addressing the challenges posed by rapid technological breakthroughs and traditional service limitations [1][4][14]. Group 1: Challenges in Future Industry Development - Future industries face three main challenges: technological ambiguity, ownership dilemmas, and capital gaps [3]. - Disruptive innovations often break traditional technological evolution paths, leading to non-linear and explosive advancements, creating a technological fog [3]. - Breakthroughs in future industries typically arise from interdisciplinary collaboration, complicating ownership determination due to fragmented contributions [3]. - Early validation of disruptive technologies requires long-term capital support, but the risk-averse nature of financial systems creates a capital gap [3]. Group 2: Reconstructing Technology Service Framework - The Shanghai Technology Exchange (STE) is redefining its role from a transaction facilitator to an ecosystem builder, focusing on risk-sharing and standard-setting [4][5]. - STE is developing a technology assessment system and industry mapping to enhance strategic planning capabilities and support the transformation of research outcomes into market applications [5][6]. Group 3: Comprehensive Mechanism for Technology Transfer - STE is establishing a comprehensive mechanism from identification to transformation, addressing the challenges of identifying and converting future industries [6]. - A precise identification system has been created, integrating policy, talent, industry, and technology maps to predict technology maturity [6][7]. - STE has pioneered a dynamic segmentation mechanism for rights confirmation based on R&D milestones, creating a complete closed-loop system for rights registration and technology maturity assessment [7][8]. Group 4: Innovation in Financial Support - STE is innovating financial models to create a value-sharing system, transitioning from simple credit support to long-term value sharing [11][12]. - The STE has facilitated 1,673 projects in the biopharmaceutical sector, with a total transaction amount of 28.839 billion yuan, demonstrating its role in enhancing financing options for innovative enterprises [11]. Group 5: Building a Vibrant Technology Service Ecosystem - STE is enhancing the infrastructure for technology factor markets, exploring new financial tools like technology asset securitization and intellectual property insurance [13]. - The STE aims to integrate China's innovation ecosystem into the global landscape, promoting collaboration in capital, incubation, policy, and technology [14].