Seven departments: Establishing a "technology board" in the bond market, including high-quality corporate innovation bonds in the benchmark market-making varieties.

date
14/05/2025
The Ministry of Science and Technology, the People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the National Development and Reform Commission, the Ministry of Finance, and the State-owned Assets Supervision and Administration Commission of the State Council have issued the "Several Policy Measures to Accelerate the Construction of a Science and Technology Financial System to Strongly Support High-level Science and Technology Self-reliance", and improve the support mechanism for the bond market to serve technological innovation. Establish a "technology board" for the bond market. Promote the high-quality development of corporate bonds for technology innovation companies, include high-quality enterprise innovation bonds in benchmark market-making varieties, and guide and promote investors to increase investment in technology innovation bonds. Enrich the technology innovation bond products in the interbank bond market, improve the financing support mechanism for technology innovation bonds. Utilize credit derivative products to enhance credit for technology-oriented companies, venture capital institutions, and financial institutions issuing technology innovation bonds, and provide long-term, low-interest, and easy-to-use bond funds for technology innovation.