On April 28, the people's Bank of China officially announced that in order to implement the decision-making and deployment of the CPC Central Committee and the State Council, strengthen the national strategic scientific and technological force, and promote key core technology research and independent innovation, the people's Bank of China set up a scientific and technological innovation refinancing in accordance with the requirements of the executive meeting of the State Council. The people's Bank of China provides low-cost funds to financial institutions through scientific and technological innovation refinancing, guides financial institutions to issue loans to scientific and technological enterprises on the premise of independent decision-making and bearing their own risks, and leverages social funds to promote scientific and technological innovation. The scope of science and technology innovation refinancing support includes "high-tech enterprises", "specialized and special new" small and medium-sized enterprises, national technological innovation demonstration enterprises, manufacturing single champion enterprises and other science and technology enterprises. Priority is given to supporting enterprises participating in national science and technology plan projects, national manufacturing innovation center, National specialized and special new "little giant" enterprises, leading backbone enterprises of national key industrial chain and upstream and downstream key supporting enterprises Participate in the establishment of innovation base platform enterprises and enterprises in national science and technology parks. The technology enterprises specifically supported are identified according to the current standards of the Ministry of science and technology and the Ministry of industry and information technology, and are pushed to financial institutions by the Ministry of science and technology and the Ministry of industry and information technology through the national scientific and technological innovation and entrepreneurship data platform, the national industrial and financial cooperation platform and other channels. According to the relevant person in charge of the people's Bank of China, the amount of re loan for scientific and technological innovation is 200 billion yuan, the interest rate is 1.75%, the term is one year, and can be extended twice. The distribution objects include 21 financial institutions such as the National Development Bank, policy banks, state-owned commercial banks, postal savings bank of China and joint-stock commercial banks; This kind of refinancing adopts the direct mechanism of "loan first and then loan", which is issued quarterly, and provides scientific and technological innovation refinancing financial support according to 60% of the loan principal of scientific and technological enterprises within the scope of support and with a term of 6 months or more. Since April 1, after granting loans to qualified science and technology enterprises in accordance with the principle of marketization, financial institutions shall apply to the people's Bank of China for science and technology innovation refinancing funds in the first month of the next quarter. For qualified loans, the people's Bank of China shall provide financial support for Science and technology innovation refinancing. (Xinhua News Agency)