Ministry of Finance: Financial interest subsidies for relevant loans for technological innovation, while the central bank also provides refinancing support.

Director of the Financial Department of the Ministry of Finance, Yu Hong, stated at a press conference at the National Press Conference on the 20th that they support the promotion of the upgrading of key industries and strengthen financial support for technological innovation through closer coordination between finance and technology. Financial interest subsidies will be given for loans related to technological innovation, while the central bank will provide support for re-loans, continuously promote the transformation of new technologies in manufacturing and the digitization of small and medium-sized enterprises, accelerate intelligent, green, and integrated development, and consolidate and strengthen the foundation of the real economy.