Policies to support finance-technology integration
Updated: 2013-01-28 21:51
By WEI TIAN (chinadaily.com.cn)
|
|||||||||||
China's financial regulators are strengthening communication with the Ministry of Science and Technology, in an effort to boost innovation and provide financial support to emerging industries.
The ministries are drafting a "national science and technology finance strategy", which will include a joint session among the ministries, a supporting policy system, and pilot programs.
The Ministry of Science and Technology and regulators of the securities, banking, and insurance sectors are studying ways to improve their strategy.
"A major task for this year is to advance the pilot programs, and improve the communication mechanism among ministries, so as to create a favorable environment for the integration of finance and technology," a source from the technology ministry was quoted by Economic Information as saying.
Financial regulators will separately issue policies to support technical innovation, it said.
In areas such as Beijing, Jiangsu and Guangdong province, banks have launched innovative services targeting smaller businesses.
Securities and insurance regulators are also readying supportive policies for smaller businesses and emerging industries.
Meanwhile, there will also be tax preference and fiscal support policies for these industries, according to the State Administration of Tax and Ministry of Finance.
Related Stories
Photo special: Technology 2012 2012-12-25 16:46
Patents a deciding factor in technology awards 2012-11-16 06:18
China's 10 years of technology innovation 2012-11-01 16:36
Villages benefit from adopting new technologies 2012-10-18 07:24
How will China become world technological power 2012-09-24 21:12
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
All-out efforts to save lives |
Liaoning: China's oceangoing giant |
Poultry industry under pressure |
'Spring' in the air for NGOs? |
Boy set to drive Chinese golf |
Latest technology gets people talking |