The central bank sets up 500 billion yuan in re-loans for technological innovation and technological transformation, explained by industry insiders. The recipients include 21 financial institutions including China Development Bank, policy banks, state-owned commercial banks, Postal Savings Bank of China, and joint-stock commercial banks.
Big articles on science and technology finance can mobilize more social capital to invest in scientific and technological innovation. It is recommended that the re-Loan policy should be optimized in the next step, and high-quality small and medium-sized banks should be targeted.