The bond market is an important part of China's science and technology financial system.At present,a variety of spe-cial products have been formed,such as special bonds for entrepreneurship and innovation incubation,bonds for innovation and entrepreneurship companies,financial bonds for innovation and entrepreneurship,bonds for science and technology innovation companies and related bills to provide help for science and technology innovation companies in direct financing.Commercial banks also participate in the bond market to support scientific and technological innovation by issuing mass financial bonds and underwriting bills.At present,there is still room for improvement in China's bond market to support scientific and technological innovation,which can be started from the construction of exclusive platforms for high-yield bonds,the improvement of credit en-hancement mechanism,and the cultivation of qualified investors.
Scientific and Technological InnovationThe Bond MarketCommercial Bank