Wang Yiming: There is still great room for development in financial support for innovation in the Guangdong-Hong Kong-Macao Greater Bay Area.

On August 30, Wang Yiming, Vice Chairman of the China International Economic Exchange Center and former Vice Director of the Development Research Center of the State Council, stated at the 7th Greater Bay Area Financial Development Forum that in recent years, the Guangdong-Hong Kong-Macao Greater Bay Area has actively explored the construction of a science and technology financial ecosystem. In line with the requirements of the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area" on the construction of an international science and technology innovation center, there is still a lot of room for development in financial support for innovation in the Greater Bay Area. It is recommended that banking institutions further enrich technology financial products tailored to the characteristics of light assets of start-up enterprises, promote the development of venture capital investment, and leverage larger social capital.