Sept. 10 — At a State Council Information Office briefing, Vice Director Cong
Lin of China’s Financial Regulatory Administration said the agency will push to
optimize financial resource supply to the technology sector and refine policies
to enable insurance funds to invest earlier, in smaller amounts, for longer
terms and into hard technology. He said regulators will support new and future
industries, expand manufacturing lending, and boost support for traditional
firms’ transformation and upgrading to help build a modern industrial system.
