Hubei: Promote more science and technology innovation enterprises to enter domestic and foreign multi-level capital markets, and implement various types of asset securitization with a focus on "listing and bond issuance"

On the morning of January 27, the fourth session of the 14th People's Congress of Hubei Province opened in Wuhan. "Focus on solving the prominent weaknesses in Hubei's innovative development, integrating fiscal, state-owned assets, and financial resources, further improving the government's equity investment guidance, debt financing enhancement, and capital market fundraising cultivation functions, and vigorously exploring and promoting financial innovation in science and technology," said Li Dianxun, the governor of Hubei Province. He mentioned the establishment of a "venture capital + industrial capital" fund group that covers the entire innovation cycle from "0 to 1, from 1 to 2, from 2 to N" and can achieve a virtuous cycle of "fundraising, investment management, and withdrawal"; fully open the door to light asset financing for science and technology companies with knowledge value as the core and innovation elements as the path; promote more science and technology companies to enter domestic and foreign multi-level capital markets, and implement various types of asset securitization focusing on "listing and bond issuance."