Shanghai Financial Regulatory Bureau issued Measures to Promote High-Quality
Digital Finance Development in the city’s banking and insurance sectors,
directing increased support for technology firms. Under relevant policy
constraints and institutions’ risk appetites, banks and lenders are urged to
expand credit support, optimize credit-approval services and pilot intelligent
The credit-approval models to simplify procedures and shorten approval times.
measures call for linking tech-finance datasets—firm qualification, R&D spend,
intellectual property, major tech project participation and flagship products—to
improve the precision of tech-firm credit profiles, and using fintech databases
and funds-flow credit information to map key industry chains and analyze
chain-level capital flows. Aligned with the Yangtze River Delta strategy,
regulators encourage development of comprehensive insurance for small and
mid-sized tech firms and exploration of cyber property-loss and liability
products to underwrite technology adoption risks.
