Chongqing: Leveraging patient capital to invest early, invest small, invest long-term, invest in hard technology, accelerating the digital transformation of financial institutions, and jointly building a cross-border financial service system.
The People's Government of Chongqing Municipality has issued the "Action Plan for Enhancing the Development Level of the Chengdu-Chongqing Twin City Economic Circle". It proposes to enhance the ability of financial services to serve the real economy. Improve the comprehensive service system of technology finance such as "stock loan bond insurance" and "fund investment management and exit", leverage patient capital investment in early stage, small scale, long term, and hard technology. Deepen the construction of the green finance reform and innovation pilot zone, promote the coordinated development of industrial green low-carbon transformation, green finance, and transformation finance. Strengthen the supply of financial services in inclusive small and micro, agricultural, consumption, and livelihood areas, improve risk-sharing policies for banking and guaranteeing institutions. Promote the empowerment of elderly finance for the silver economy. Iterating on digital financial systems such as "Yujin Tong" and accelerating the digital transformation of financial institutions. Jointly build a cross-border financial service system, innovate the development of supply chain finance and trade financing. Promote the construction of delivery warehouses for bulk commodity futures. Improve the detailed measures for financial support to accelerate the construction of the New Western Land-Sea Corridor, leverage the role of corridor financial service centers, corridor financial alliance platforms, etc., to enhance the financial service capability of large corridors, large logistics, large industries, and large markets.
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