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On June 19, 2025, at the 2025 Lujiazui Forum "Plenary Session V: Financial Support for the Development of New Productive Forces", Zhang Hui, Vice Chairman and President of the Bank of China, stated that in order to do a good job in the field of science and technology finance, many problems still need to be addressed. Firstly, the industrialization of technological achievements from the laboratory stage to commercialization involves a great deal of uncertainty from 0 to 1 and from 1 to N, while finance often pursues expected certainty. Differences in expectations can easily lead to a misallocation of financial resources. Secondly, traditional financial logic focuses more on cash flow and financial indicators, while the core value of technology companies lies in technology, which requires financial institutions to carry out value evaluations, posing higher requirements on professionalism. Thirdly, the full chain of scientific and technological industrialization requires comprehensive financial support, but financial institutions often provide financial products and services with singular characteristics. Zhang Hui believes that the key to resolving these issues is to accelerate the development of a technology finance ecosystem and provide relay-style comprehensive financial services.
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