Ministry of Science and Technology and other seven departments: Accelerate the construction of a science and technology financial system to provide strong support for high-level scientific and technological self-reliance and self-improvement.

According to the Zhitong Financial APP, on May 14th, the Ministry of Science and Technology and seven other departments released the "Accelerating the Establishment of a Science and Technology Financial System to Strongly Support High-Level Science and Technology Self-Reliance" policy measures. It mentions the establishment of a support mechanism for the bond market to serve technological innovation. Building a "Technology Board" in the bond market to promote the high-quality development of technology innovation corporate bonds, include high-quality enterprise innovation bonds in the benchmark market-making varieties, and guide investors to increase investment in technology innovation bonds. Enriching the interbank bond market with technology innovation bond products, improving the financing support mechanism for technology innovation bonds. Utilizing credit derivatives to increase credit support, enhancing support for technology innovation bonds issued by technology-oriented enterprises, venture capital institutions, and financial institutions, to raise long-term, low-interest, and easy-to-use bond funds for technology innovation.