The Path and Practice of Science and Technology Financial Policies Enabling the Construction of a Chinese-style Modernized Industrial System
Under the complex background of deep restructuring of global economic pattern and continuous evolution of technological innovation,the construction of Chinese-style modernized industrial system has become a major proposition of great strategic significance.Using the panel data of Chinese prefecture-level cities from 2009 to 2022,this paper constructs a two-way fixed-effects multi-period DID model and combines it with the me-diated-effects model to analyze how science and technology(S&T)financial policies play a key role in promoting the process of industrial modernization,and analyze the operation logic and mechanism behind it.The study shows that S&T financial policies can significantly promote the construction of modernized industrial system,and the ef-fect shows significant heterogeneity under different city types and location conditions.S&T financial policies can accelerate industrial upgrading and enhance technological innovation by promoting the proliferation of new quality productivity,providing a strong impetus for the construction of a modernized industrial system.