The People's Bank of China and multiple ministries issued guidance to support
building international tech-innovation centres in Beijing (Jing‑Jin‑Ji),
Shanghai (Yangtze River Delta) and the Guangdong‑Hong Kong‑Macao Greater Bay
Area. Under lawful compliance and controllable risk, the guidance urges
financial institutions to develop and refine finance products and services
tailored to tech firms' R&D, technical services and technology
commercialization. It backs eligible banks forming strategic partnerships with
companies, encourages qualified insurers and guarantee firms to pilot
use‑first/pay‑later insurance and guarantee products for technology outputs, and
calls for deeper comprehensive IP‑finance ecosystem pilots.
