Hubei: Research to promote the construction of Wuhan Science and Technology Financial Center.
On July 28th, Li Diexun, Deputy Secretary of the Hubei Provincial Party Committee and Governor, presided over the executive meeting of the provincial government; discussing the high-level advancement of the construction of the Wuhan Science and Technology Financial Center, restructuring the agricultural policy tools of "investment, subsidy, loan, and insurance", restructuring the basic education supply system and capacity, and other reform and innovation work. The meeting emphasized the need to follow the modern financial laws and laws of scientific and technological innovation, fully leverage the advantages of Hubei's transportation location, scientific and educational resources, industrial base, and financial market, accurately grasp the goal positioning of "based in Hubei, relying on Wuhan, radiating to the central region, facing the whole country, and connecting overseas", and vigorously promote the construction of the Wuhan Science and Technology Financial Center with high standards and great strength. It is more effectively attracting financial institutions, capital, talent, and other resource elements from home and abroad, boldly promoting technological and financial reforms, continuously optimizing the technological and financial ecosystem, and effectively radiating and driving innovation and development in a wider region. Based on the three major financial functional positioning of local governments "guiding equity investment, enhancing credit with debt financing, and cultivating through public fundraising in the capital market", it is necessary to focus on reshaping technological and financial policies, actively carry out pilot technological and financial reforms, systematically reconstruct the equity investment guidance system, debt financing credit enhancement system, and multi-level capital market fundraising cultivation system, providing more effective financial support for the integration of technological and industrial innovation development.
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