Reform measures Supporting innovation III

On February 21, the general office of the State Council issued the third batch of reform measures to support innovation. In 2017 and 2018, the state has promoted 36 reform initiatives in two batches. With the approval of the State Council, the third batch of 20 reform initiatives in the whole country or in eight reform pilot areas are published. Seven technological and financial innovations: the establishment of a long-term market-oriented cooperation mechanism between banks and professional investment institutions to support technological innovation enterprises; the cross regional “universal exchange” policy coordination mechanism of technological innovation bonds; the long-term collective creditRead More →

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