The reporter learned from the 2026 Financial Street Forum Annual Meeting held in Beijing that the "Implementation Plan for Financial Support in the Construction of Beijing (Beijing-Tianjin-Hebei) International Science and Technology Innovation Center" (hereinafter referred to as the "Implementation Plan") was officially released. It consists of six aspects and 15 articles, providing strong support for creating a highland for the coordinated development of science and technology and finance in Beijing-Tianjin-Hebei and achieving high-level scientific and technological independence and self-reliance.
The "Implementation Plan" requires that, focusing on the task of building Beijing (Beijing-Tianjin-Hebei) International Science and Technology Innovation Center, strengthen the functions of the national financial management center, enhance the radiating and leading role in the Beijing-Tianjin-Hebei region, focus on the entire chain of scientific and technological innovation and the full life cycle of scientific and technological enterprises, promote the coordinated development of indirect financing and direct financing, debt financing and equity financing, build a multi-level and multi-channel science and technology finance support system, and form a diversified science and technology finance supply pattern. Coordinate and make good use of various financial tools such as venture capital, currency credit, bond market, capital market, technology insurance, etc., and deepen financial information sharing, mutual credit recognition and financing docking between the three places.
The "Implementation Plan" proposes to expand medium and long-term funding source channels. Financial asset investment companies (AICs) are encouraged to strengthen cooperation with relevant departments and state-owned enterprises in the three places, and support AICs in focusing on key industrial areas and increasing service efforts. Guide insurance companies to expand investment in science and technology innovation in the Beijing-Tianjin-Hebei region and improve the level of investment projects. Improve the due diligence and fault-tolerance mechanisms for government investment funds and state-owned venture capital institutions, and promote early investment, small investment, long-term investment, and investment in hard technology. Support chain owners, large technology companies and listed companies to carry out corporate venture capital (CVC) around key industrial chains in the Beijing-Tianjin-Hebei region. In addition, the "Implementation Plan" also proposes to promote credit products such as "Technology R&D Loan" and "Technology Achievements Transformation Loan", improve the technology insurance system, and at the same time lay out multi-level capital markets such as science and technology bonds, Beijing Stock Exchange, and REITs, taking into account institutional opening to the outside world.
The "Implementation Plan" clarifies that by 2030, a science and technology financial service system will be formed that matches Beijing's original innovation source function and is connected with the coordinated development needs of Beijing, Tianjin and Hebei. The financial guarantee for major scientific and technological tasks and key core technology research has become more powerful, the financing convenience of scientific and technological enterprises and the financing availability of small and medium-sized enterprises in the upstream and downstream of the industrial chain have been effectively improved, and the effectiveness of financial support for industrial collaborative innovation in the Beijing-Tianjin-Hebei region has been significantly improved. The reform and innovation of science and technology finance have formed a batch of experiences and practices that can be replicated and promoted. By 2035, the diversification, adaptability, synergy and internationalization of science and technology finance supply will reach a new level, and the comprehensive service capabilities of science and technology finance will reach the world's leading level, providing solid support for the construction of a technologically powerful country.
According to reports, the "Implementation Plan" is the first regional implementation plan issued after the People's Bank of China and other departments jointly issued the "Guiding Opinions on Financial Support for the Construction of International Science and Technology Innovation Centers in Beijing (Beijing-Tianjin-Hebei), Shanghai (Yangtze River Delta), and Guangdong-Hong Kong-Macao Greater Bay Area" recently. It is also the first systematic financial support plan after the Beijing International Science and Technology Innovation Center expanded into Beijing (Beijing-Tianjin-Hebei) International Science and Technology Innovation Center.
