Zhou Liang, Director of the China Banking and Insurance Regulatory Commission: Financial institutions will increase support for technological innovation. Policies related to technology insurance are currently being studied and formulated.

date
06/06/2025
The Tianjin Wudao Financial Forum was held in Tianjin for 2025 days. Zhou Liang, Deputy Director of the China Banking and Insurance Regulatory Commission, attended and delivered a speech. Zhou Liang stated that the regulatory commission will continue to increase financial support for technological innovation. Firstly, he will guide financial institutions to further strengthen their technological financial product systems, service mechanisms, professional levels, and risk control capabilities, increase credit allocation around the needs of technological innovation finance, and enhance the adaptability of financial services. Secondly, he will further enhance insurance protection. The commission is studying and formulating policies related to technology insurance to better play the role of the insurance industry in risk compensation, risk mitigation, and capital leverage. Thirdly, he will deepen the linkage between "loans + external direct investment," promote equity investment pilot projects of financial asset investment companies and technology enterprise acquisition loans, encourage banks to jointly invest in early, small, long-term, and hard technology with investment institutions. Fourth, he will guide financial institutions to develop a distinctive organizational system for technological finance, cultivate professional talents, improve performance appraisal, due diligence, and other mechanisms, and continuously enhance service capabilities.