📋 Tender Overview
Policy-based finance should further play its functional role in promoting scientific and technological innovation, support the development of key science and technology enterprises throughout the life cycle, serve the transformation of advanced scientific and technological achievements throughout the product cycle, and guarantee the national strategic scientific and technological strength throughout the market cycle. On April 1, the State Administration for Financial Regulation and other departments jointly issued the Implementation Plan for the High-Quality Development of Science and Technology Finance in the Banking and Insurance Industry, requiring the promotion of more financial resources to be used in the field of scientific and technological innovation, promote the deep integration of scientific and technological innovation and industrial innovation, help develop new quality productivity, support the creation of a modern industrial system, and accelerate the realization of the goals of high-level scientific and technological self-reliance and strong scientific and technological country. As an important part of my countrys science and technology financial services ecosystem, policy finance has great potential in supporting scientific and technological innovation - whether it is a heavy weapon of a big country or a gazelle and unicorn, from scientific and technological research and development to transformation into real productivity, a large amount of financial support is required at each stage. High costs, long cycles and great risks have become the characteristics of iterative innovation in science and technology and the difficulties in financial communication. Especially small and medium-sized science and technology enterprises, although their R&D incubation cycle is short and their results are transformed quickly, they are mostly established by light assets such as technical patents, and their pledge capabilities are weak. Compared with private equity investment, venture capital funds and commercial bank credit, policy-based finance can continue to provide long-term, stable and sustainable financing supply to science and technology enterprises from the three dimensions of life cycle, product cycle, and market cycle under the premise of controllable risks. Policy-based finance takes serving national strategies and supporting key areas and weak links of the real economy as its responsibilities and missions. It naturally assumes the important function of connecting the government, industries and financial markets. Relying on national credit to carry out financial innovation can effectively help independent research and development of science and technology and the security and stability of the industrial chain and supply chain. For example, the Export-Import Bank of China launched and issued the first scientific and technological innovation R&D loan in 2021, providing strong guarantees for promoting technological innovation in domestic anti-cancer drugs; the State Development Bank also launched special loans for scientific and technological innovation and basic research. These funds have sent a steady stream of financial live water to support basic research and original innovation, deep integration of industry, academia and research, and transformation and industrialization of scientific and technological achievements. The Decision of the Third Plenary Session of the 20th Central Committee of the Communist Party of China proposed: Build a science and technology financial system that is compatible with scientific and technological innovation, and strengthen financial support for major national scientific and technological tasks and science and technology-based small and medium-sized enterprises. At present, my country is at the intersection of economic structure transformation and upgrading and a new round of technological revolution. Helping high-level science and technology self-reliance and self-improvement is an inevitable requirement for high-quality development, and policy-based finance needs to further innovate and play its functional role. We must innovate financial products and services and support the development of key science and technology innovation enterprises throughout our life cycle. Technology-based enterprises generally go through different stages such as the start-up stage, growth stage, and maturity stage. Policy-based financial institutions should provide customized financial products and services according to the needs of different development stages of technology enterprises, promote the establishment of differentiated performance appraisal and risk prevention and control mechanisms, improve and enhance the integrated service system of credit-appraisal-insurance-loan-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment-investment We must integrate advantageous financial resources and serve the transformation of advanced scientific and technological achievements throughout the product cycle. From single product design and research and development to mass production, purchase, storage and sales, and then to industrial chain tra
