Introduce financial water to bloom the flower of scientific innovation
2022-12-08
A few days ago, eight departments including the People's Bank of China issued the Overall Plan of Shanghai, Nanjing, Hangzhou, Hefei and Jiaxing for the Construction of Science and Technology Innovation Financial Reform Pilot Zones, which defined 19 measures in 7 directions to increase the supply of science and technology innovation finance. This will help to explore and improve the financial support innovation system and promote the deep integration of finance, technology and industry. Next, we should take the construction of the pilot zone as an opportunity to accelerate the exploration of new paths, new models and new products, and constantly improve the quality and efficiency of scientific and technological innovation in financial services. In recent years, China's scientific and technological innovation capacity has been greatly improved. However, for a long time, the "choke" problem of China's science and technology industry has been prominent. It is important and urgent to increase investment in scientific and technological innovation and vigorously develop scientific and technological industries, which will help improve China's capacity for independent scientific and technological innovation, maintain the stability of the industrial chain supply chain, and better maintain economic security and national security. At the same time, the promotion of independent innovation in science and technology is inseparable from financial support and services. Therefore, the outline of the Fourteenth Five Year Plan proposes to improve the system of financial support for scientific and technological innovation. The report of the 20th National Congress of the Communist Party of China emphasized that we should create a good environment conducive to the growth of technology-based small and medium-sized enterprises, and promote the deep integration of the innovation chain, the industry chain, the capital chain, and the talent chain. In April 2016, the former China Banking Regulatory Commission and other departments issued the Guiding Opinions on Supporting Banking Financial Institutions to Enhance Innovation and Carry out the Pilot Program of Investment and Loan Linkage for Science and Innovation Enterprises, allowing 10 pilot banks to set up investment subsidiaries to provide "bond+equity" financial services for enterprises, but the pilot program of investment and loan linkage has not made positive progress. In November 2021, the Central Bank and other departments approved the construction of the country's first science and innovation financial reform pilot zone in Jinan, Shandong Province. After a year of exploration, the construction of Jinan Science and Innovation Financial Reform Pilot Zone has made positive progress, and the financial ecological chain covering the whole cycle of scientific and technological innovation has been initially established. It has new characteristics and significance to build a scientific innovation financial reform pilot zone in Shanghai and other five cities. These five cities have a large economic volume, developed financial industry, active scientific and technological innovation, strong industry university research force, and more favorable soil and environment for the integration of finance and science and technology. The continuous construction of pilot areas is not only conducive to giving play to their respective characteristics and advantages, clarifying their different positioning, but also conducive to strengthening the coordination between cities. In addition, these cities are located in the core area of the Yangtze River Delta. Their exploration and innovation will help accelerate the development of science and innovation finance in the Yangtze River Delta, further promote the integration of the Yangtze River Delta and radiate to the central region. In the next step, we should promote the construction of the scientific innovation financial pilot zone from multiple perspectives to achieve greater results, better play the role of finance in supporting scientific and technological innovation, and attract financial water to bloom the flower of scientific innovation. Build a complete scientific innovation financial ecosystem. As the main body of China's financial industry, banks should highlight the key points, optimize resource allocation, and play a more active role in serving scientific and technological innovation. We should make full use of the capital market, give priority to supporting high-tech enterprises with strong innovation ability and great development potential to be listed on the main board, the Science and Technology Innovation Board and the Beijing Stock Exchange, and reduce financing costs and corporate leverage. In addition, encourage fund companies, wealth management companies, insurance companies, private equity funds, financing guarantee institutions and other organizations to actively participate in, and improve the service capacity of science and technology innovation enterprises. We will improve the organizational system of scientific and technological innovation financial institutions. Conditional quotient
Edit：wangwenting Responsible editor：xiaomai
Source：xinhuanet
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