Sichuan: expanding the bond market financing channels to promote eligible enterprises to issue technology innovation bonds and green bonds.

The General Office of the People's Government of Sichuan Province recently issued the "Implementation Opinions on Further Promoting Innovation Breakthrough in the Service Industry", which proposes to develop direct financing such as equity and bonds. It suggests utilizing government industry guidance funds to build a full life cycle fund investment system covering various types of risk investments like seed, angel, and mergers and acquisitions venture capital investment. It also aims to attract national funds such as social security funds, insurance companies, and financial asset investment companies to establish or invest in venture capital funds. Additionally, it plans to expand financing channels in the bond market, promote eligible companies to issue technology innovation bonds and green bonds, and advance the issuance and declaration of real estate investment trust funds in the infrastructure sector. The document also suggests guiding regions with conditions to apply for the establishment of futures delivery warehouses and exploring the provision of "insurance + futures" services.