BEIJING June 30. 2024 (Saba) -China has unveiled a plan to boost development of science and technology financing amid efforts to support technological innovation.
According to Chinese media on Sunday, China will take targeted measures to support key national programs for science and technology, strategic emerging industries and future industries as well as the modernization and transformation of traditional industries, according to an action plan jointly issued by the People's Bank of China and six other government agencies.
The plan proposes building green channels for technology-based companies to issue bonds, supporting technology companies with cross-border financing, and promoting the development of diversified financial services to support the growth of technology companies.
China explained that it will also provide re-lending facilities to support technological innovation and transformation as well as small companies and special bonds for technological innovation.
H.H
According to Chinese media on Sunday, China will take targeted measures to support key national programs for science and technology, strategic emerging industries and future industries as well as the modernization and transformation of traditional industries, according to an action plan jointly issued by the People's Bank of China and six other government agencies.
The plan proposes building green channels for technology-based companies to issue bonds, supporting technology companies with cross-border financing, and promoting the development of diversified financial services to support the growth of technology companies.
China explained that it will also provide re-lending facilities to support technological innovation and transformation as well as small companies and special bonds for technological innovation.
H.H
resource : Saba