Zhejiang Ningbo: Expand the scale of science and technology credit. By the end of 2027, the cumulative amount of science and technology credit issued will exceed 1 trillion yuan.
The General Office of the People's Government of Ningbo recently issued "Several Measures to Promote the High-Quality Development of Science and Technology Finance in Ningbo." Among them, it mentioned expanding the scale of technology credit. Encouraging financial institutions to increase the supply of technology credit, it aims to have a total investment of over 1 trillion yuan in technology credit by the end of 2027. Utilizing monetary policy tools such as technology innovation and technology renovation refinancing, stock repurchase and increase refinancing, rediscounting, etc., to seek more policy support for the development of technology enterprises.
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