The Current Status,Problems and Policy Recommendations for the Development of Science and Technology Finance in China——A Case Study of Sichuan Province
The Central Financial Work Conference held at the end of October 2023 proposed to"accelerate the construction of a financial powerhouse".The construction of a financial powerhouse is an important directive proposed by General Secretary Xi Jin-ping for the development of China's financial industry.Science and technol-ogy(S&T)finance,as an important direction of financial supply-side structural reform,ranks first among the"five major articles"that serve high-quality development.This paper begins with the development trajectory and under-lying logic of S&T finance in China,systematically reviews its development framework,combines with Sichuan's practice to analyze China's S&T financial development difficulties.And in the light of the development of foreign S&T finance on the basis of advanced experience,this paper puts forward policy recommendations for the develop-ment of S&T finance in China to help accelerate the formation of new quality productivity and promote high-quali-ty development.
S&T financefinancial innovationS&T innovationinnovation-drivennew quality productivitymulti-level capital marketS&T insurancefinancial powerhouse