深圳，这座从改革浪潮中走来的城市，已崛起为一处活力奔涌的科创高地。 作为创新之城，深圳平均每平方公里拥有12家国家高新技术企业，密度居全国各城市第一；培育了超 1300家专精特新"小巨人"企业，连续三年新增数量居全国各城市第一；全社会研发投入占GDP比重达 6.67%，跃居全国大中城市第一。 在这幅生机勃勃的创新图景背后，一套"股贷债保汇"联动、覆盖企业全生命周期的科技金融服务体系， 正悄然为每一次研发突破、每一轮产业跃升注入源头活水。 从"腾飞贷"为高成长企业注入续航动力，到"科技初创通"为早期项目点亮星火；从"科汇通"便利深港科 研资金流动，再到债市"科技板"引导长期资本流向硬科技前沿——深圳的科技金融服务体系，已从单一 的资金供给者，转型为贯穿创新全链条的"陪跑者"与"共建者"。 这不仅提升了科技型中小企业的融资可得性，更推动金融资源更早、更精准地流向人工智能、半导体、 生物医药等关键核心技术领域，为建设具有全球重要影响力的产业科技创新中心筑牢金融基石。截至 2025年10月末，深圳科技贷款余额已突破2.2万亿元，科技创新债券发行规模居全国前列，一套适配新 质生产力发展的金融支持范式，正在此成形。 近期 ...

作者丨唐婧 编辑丨曾芳 （图源：新华社） 创新产品 深圳，这座从改革浪潮中走来的城市，已崛起为一处活力奔涌的科创高地。 作为创新之城，深圳平均每平方公里拥有12家国家高新技术企业，密度居全国各城市第 一；培育了超1300家专精特新"小巨人"企业，连续三年新增数量居全国各城市第一；全社 会研发投入占GDP比重达6.67%，跃居全国大中城市第一。 在这幅生机勃勃的创新图景背后，一套"股贷债保汇"联动、覆盖企业全生命周期的科技金融 服务体系，正悄然为每一次研发突破、每一轮产业跃升注入源头活水。 从"腾飞贷"为高成长企业注入续航动力，到"科技初创通"为早期项目点亮星火；从"科汇 通"便利深港科研资金流动，再到债市"科技板"引导长期资本流向硬科技前沿—— 深圳的科 技金融服务体系，已从单一的资金供给者，转型为贯穿创新全链条的"陪跑者"与"共建 者"。 这不仅提升了科技型中小企业的融资可得性，更推动金融资源更早、更精准地流向人工智 能、半导体、生物医药等关键核心技术领域，为建设具有全球重要影响力的产业科技创新中 心筑牢金融基石。截至2025年10月末，深圳科技贷款余额已突破2.2万亿元，科技创新债券 发行规模居全国前列， ...

在深圳逐际动力公司实验室内，双足机器人稳稳接住突如其来的撞击，转身又跳起一段轻快的舞蹈；在 东莞蓝潜海洋公司的测试池中，水下机器人正对抗暗流，悬停如磐；在环球数科公司的专利墙前，超过 230项发明专利记录着一家从旅游行业"长"出来的科技企业，如何投身AI浪潮的深处。 这些充满未来感的画面，不仅是科技企业探索前沿的生动写照，也共同指向一个关键命题：当科技创新 成为高质量发展的核心引擎，金融该以怎样的姿态与之共舞？ "着眼发展新质生产力，强化科技创新和产业创新深度融合，建设具有国际竞争力的现代化产业体系"， 是习近平总书记对广东的殷切嘱托。新质生产力，起点是"创新"，关键在于"质量"，落脚于"生产力"， 其中的每一环都离不开金融的精准支持。 近日，记者走访深圳、东莞等地，探寻金融活水如何跨越抵质押依赖的传统逻辑，以更灵活、更包容、 更前瞻的方式，精准滴灌并陪伴一批批科技企业从"种子萌芽"走向"发展腾飞"。 拥抱未来： 从传统产业扎根向科技领域深耕 走进环球数科股份有限公司（以下简称"环球数科公司"），首先映入记者眼帘的是一整面墙的专利证书 ——它们整齐排列，宛如一幅由创新与时间共同织就的锦绣画卷。而这背后，是这家 ...

在这幅生机勃勃的创新图景背后，一套"股贷债保汇"联动、覆盖企业全生命周期的科技金融服务体系，正悄然为每一次研发突 破、每一轮产业跃升注入源头活水。 从"腾飞贷"为高成长企业注入续航动力，到"科技初创通"为早期项目点亮星火；从"科汇通"便利深港科研资金流动，再到债 市"科技板"引导长期资本流向硬科技前沿——深圳的科技金融服务体系，已从单一的资金供给者，转型为贯穿创新全链条的"陪 跑者"与"共建者"。 这不仅提升了科技型中小企业的融资可得性，更推动金融资源更早、更精准地流向人工智能、半导体、生物医药等关键核心技 术领域，为建设具有全球重要影响力的产业科技创新中心筑牢金融基石。截至2025年10月末，深圳科技贷款余额已突破2.2万亿 元，科技创新债券发行规模居全国前列，一套适配新质生产力发展的金融支持范式，正在此成形。 近期，21世纪经济报道记者实地走访深圳，在这座以创新为脉搏的城市中，探寻金融赋能新质生产力蓬勃发展的鹏城密码。从 企业和金融机构的反馈来看，深圳金融对科技创新的支持已超越简单的资金投放，而是构建起一套能够激发活力、分散风险、 陪伴成长的协同性机制。这一机制与科技创新的长期性、不确定性高度匹配，从而为 ...

为打通科技初创企业信贷"最初一公里"，人民银行深圳市分行推动地方征信平台、政府性融担机构、银 行三方合作，发挥"征信画像+融资增信"作用，为"无贷户"提供"企业有画像、贷前有担保"的服务体 系，帮助长尾科技企业跨越信贷可得边界，目前已为近1万户科创中小企业完成征信评分，有69家企业 通过"跨越贷"获批贷款2亿元。 "科技初创通"则是通过"信贷+征信"来服务早期科创企业融资。深圳征信服务有限公司总经理刘振告诉 记者，"科技初创通"是针对早期、小型初创科技企业打造的数字信贷解决方案，并与多家银行合作运 营。 "我们通过重点挖掘综合应用工商、社保、资助补贴、水务、政务办事等公共数据和投融资、知识产权 等产业数据，构造潜力科创企业综合评分，为科创企业生成专属报告，为银行提供授信建议。"刘振表 示，科技金融服务从原来的"银行宣传—企业申请—银行授信"流程变成了"征信画像白名单授信—政务 渠道触达即得"，在2025年公布的政府培育名单中，"科技初创通"白名单对企业的覆盖率达到80%。截 至今年11月末，"科技初创通"已帮助超5000家企业获得贷款80亿元。 助力"加速跑" 日前召开的中央经济工作会议提出，围绕发展新质生产 ...

助力"加速跑" 日前召开的中央经济工作会议提出，围绕发展新质生产力，推动科技创新和产业创新深度融合。近日，记者 走访深圳、东莞等地多家科技企业，探寻金融如何为科技创新提供全生命周期、全链条的服务。 破局"首公里" 科技创新是一场高投入、长周期的"马拉松"。从技术突破到产品落地，最艰难的往往是起步阶段。没有营 收、没有抵押物、专利价值也难以衡量——这种困境，正是一些科技企业倒在"首公里"的缩影。 "初创小微企业普遍面临首贷难问题，在深圳，很多上市公司在发展初期的第一笔贷款都是通过我们集团的担 保获得的。"深圳担保集团有限公司副总经理甘文媛表示，今年，深担集团率先落地了首批"跨越贷"业务。 成立于2022年的深圳量匠智造科技有限公司是"跨越贷"的直接受益者。公司创始人与核心团队专注AI驱动的 自主工艺生成系统研发，在精密零件设计与生产领域展现出巨大潜力。然而，在企业尚未实现销售收入、仍 处于亏损状态的情况下，如何才能获取贷款？"那我们就看企业的技术门槛、市场前景、产品竞争力。"甘文 媛介绍，深担集团以这几点作为核心授信依据作出专业判断，联合银行迅速为企业提供了400万元的首贷支 持，为其从初创期到成长期打下良好基 ...

Core Viewpoint - The People's Bank of China Shenzhen Branch and the State Administration of Foreign Exchange Shenzhen Branch held a press conference, highlighting the implementation of supportive monetary policies to enhance financial support for key sectors and promote high-quality economic development in Shenzhen [1]. Group 1: Loan Growth and Financial Support - As of September 2025, the total loan balance in Shenzhen reached 9.94 trillion yuan, a year-on-year increase of 5.0%, with an increase of 457.41 billion yuan since the beginning of the year, exceeding last year's growth by over 200 billion yuan [1]. - The loan structure has been optimized, with manufacturing loans growing by 13.2% and loans for scientific research and technical services increasing by 15.9% year-on-year [2]. - The balance of technology loans reached 2.18 trillion yuan, up 8.2% year-on-year, while inclusive small and micro loans totaled 1.97 trillion yuan, growing by 7.1% [2]. Group 2: Support for SMEs and Consumption - Shenzhen is enhancing the financing environment for private small and medium-sized enterprises (SMEs) through innovative models like "credit + credit reporting" and "credit + guarantee" [3]. - The average interest rate for newly issued corporate loans in Shenzhen was 2.75% in September 2025, a decrease of 0.53 percentage points year-on-year, indicating a decline in overall financing costs [4]. - Financial support for consumption and foreign trade has been prioritized, with 476.1 billion yuan in loans issued to service sectors, and new products like "micro trade loans" and "cross-border e-commerce loans" introduced to meet financing needs [5][6]. Group 3: Cross-Border Financial Services - Since the implementation of high-level pilot policies in February 2024, the level of cross-border trade and investment facilitation in Shenzhen has improved, benefiting over 1,800 enterprises with a business scale exceeding 210 billion USD [7]. - The cross-border RMB business in Shenzhen has seen increased volume and expanded coverage, with banks customizing financial services to meet enterprise needs [7]. - The "Cross-Border Wealth Management Connect" 2.0 measures have attracted approximately 31,000 new individual investors, with cross-border payment amounts totaling 50.74 billion yuan, representing nearly 50% of the Greater Bay Area's total [8].

Core Insights - The financial situation in Shenzhen has shown stable growth in the first half of 2025, with significant support for the real economy [1] - The credit structure continues to optimize, with a focus on technology innovation, inclusive small and micro enterprises, and green development [3][4] Financial Overview - As of June 2025, the total deposits in Shenzhen reached 14.16 trillion yuan, an increase of nearly 600 billion yuan since the beginning of the year [1] - The total loans amounted to 9.85 trillion yuan, growing by over 350 billion yuan compared to the start of the year [1] Credit Structure Optimization - The balance of technology loans reached 2.1 trillion yuan, inclusive small and micro loans nearly 2 trillion yuan, green loans 1.3 trillion yuan, and digital economy loans also 1.3 trillion yuan, all growing faster than the overall loan growth rate [3] - The average interest rate for newly issued corporate loans dropped to 2.85% in June 2025, a year-on-year decrease of 0.52 percentage points [3] Policy Implementation - The People's Bank of China (PBOC) implemented a series of monetary policy measures that quickly took effect in Shenzhen, releasing 61.4 billion yuan through reserve requirement ratio cuts [3] - The PBOC has also utilized various tools to support technology innovation and consumption, with over 410 billion yuan in technology re-loans benefiting more than 1850 technology enterprises [3] Green Finance Initiatives - The PBOC in Shenzhen has collaborated with the local ecological environment bureau to support green infrastructure and energy projects, with green loans growing by 25.4% since the beginning of the year [5] Inclusive Finance Development - Shenzhen has established mechanisms to enhance credit access for small and medium-sized enterprises, with over 33 billion yuan in loans issued to more than 110,000 small businesses [6] - The balance of loans to the private economy reached 4.26 trillion yuan, with an increase of 849.75 billion yuan since the start of the year [6] Digital Finance Progress - The digital yuan pilot has seen nearly 30 million wallets opened, with 3,800 prepaid business institutions managing nearly 3.1 billion yuan [7] - The cross-border financial services have expanded significantly, with Shenzhen banks handling cross-border payments amounting to 472 billion yuan, accounting for nearly 50% of the Greater Bay Area [8][9]

Core Insights - The People's Bank of China (Shenzhen Branch) reported a significant increase in both deposits and loans in Shenzhen, with total deposits reaching 14.16 trillion yuan and loans at 9.85 trillion yuan by the end of June 2025, marking increases of nearly 600 billion yuan and over 350 billion yuan respectively [1][2] - Shenzhen has established a credit structure with significant balances in technology and inclusive loans, each reaching 2 trillion yuan, and green and digital economy loans at 1 trillion yuan each, positioning it among the top cities in China [1][3] - The issuance of technology innovation bonds has been notable, with 14 bonds issued totaling over 200 billion yuan, supporting various technology enterprises [2][3] Financial Performance - As of June 2025, the average interest rate for new corporate loans in Shenzhen was 2.85%, a decrease of 0.52 percentage points year-on-year, indicating a low financing cost environment [1][2] - The implementation of a series of monetary policy measures, including a reserve requirement ratio cut that released 61.4 billion yuan into the economy, has bolstered support for the real economy [2][3] Sectoral Focus - The credit allocation in Shenzhen is heavily directed towards key sectors such as technology innovation, inclusive small and micro enterprises, and green development, with technology loans at 2.1 trillion yuan and inclusive loans nearing 2 trillion yuan [3][4] - Green finance initiatives have led to a 25.4% increase in loans for green ports, waterways, and shipbuilding, reflecting a strong commitment to sustainable development [3][4] Cross-Border Finance - Shenzhen has seen a significant increase in cross-border RMB transactions, with a total of 27.63 trillion yuan in cross-border payments in the first half of 2025, a year-on-year growth of 24.3% [4][5] - The "Cross-Border Wealth Management Connect" initiative has attracted approximately 30,000 new individual investors, with total cross-border payment amounts reaching 47.2 billion yuan [5][6] Consumer Trends - Foreign consumer spending in Shenzhen has increased significantly, with non-cash payment transactions reaching 85.88 million and 11.81 billion yuan in the first half of 2025, representing year-on-year growth of 29% and 35% respectively [6][7] - The top three source countries for inbound consumption in Shenzhen are South Korea, the United States, and Singapore, contributing nearly 30% of total consumption [6][7]

Core Viewpoint - Shenzhen is focusing on promoting the healthy and high-quality development of the private economy, particularly enhancing financial services for small and micro enterprises and startups, addressing the financing equality issue for private and small enterprises [1] Group 1: Financial Support Initiatives - Shenzhen has launched a special action to financially support the innovative development of the private economy, creating a collaborative support and incentive system involving credit, tax, and regulatory policies [1] - The People's Bank of China Shenzhen Branch has guided the local credit platform to introduce "Technology Startup Loan," which has provided over 2.7 billion yuan in loans to more than 2,500 tech startups [3] - The "Tengfei Loan" has been upgraded and expanded, providing 2.45 billion yuan in loans to 82 high-growth enterprises [3] Group 2: Credit Products and Collaborations - The first quality financing enhancement product "Shenzhen Quality Loan" has been launched, helping 112 enterprises secure over 450 million yuan in credit based on their quality capabilities [3] - The "Crossing Loan" initiative has been introduced to assist "no-loan" enterprises, resulting in 17 such companies obtaining loans totaling 48.8 million yuan within two months [3] Group 3: Strategic Agreements and Credit Support - A strategic agreement has been signed between the Shenzhen Federation of Industry and Commerce and 23 banks, providing a credit limit of 420 billion yuan for private enterprises [4] - The Shenzhen Federation of Industry and Commerce has organized multiple bank-enterprise matchmaking events to understand the funding needs of enterprises and encourage banks to adjust credit strategies flexibly [5] Group 4: Cross-Border Financial Services - The People's Bank of China Shenzhen Branch and the State Administration of Foreign Exchange have facilitated cross-border trade financing for 470 private enterprises, amounting to 77.24 billion USD [5] - A cross-border funding pool policy system has been established, benefiting over 1,800 member enterprises with a total business scale of 320 billion USD [5] Group 5: Information and Service Initiatives - To address information asymmetry, Shenzhen is leveraging various platforms to enhance the visibility of financial policies, including "Financial Stations" and "Financial Knowledge Promotion Month" [6] - The "Enterprise Navigation" service plan has organized over 3,000 entrepreneurs to connect with various institutions to find space, market, funding, and talent [6]