Ministry of Science and Technology and six other departments: Utilize the role of science and technology insurance in supporting innovation as a shock absorber and stabilizer.

The policy measures to accelerate the establishment of a strong science and technology financial system to support high-level science and technology self-reliance mentioned the promotion of innovation in science and technology insurance products and services. It will formulate opinions on promoting the high-quality development of science and technology insurance, establish a coordination mechanism for the development of science and technology insurance, optimize support policies, and accelerate the formation of policy support methods for key areas, key links, and key regions. Improve the insurance product and service system covering the entire lifecycle of technology-based enterprises, improve the mechanism for product and service innovation, and the regulatory incentives and guarantee policies. Explore the use of co-insurance mechanisms to carry out risk protection for key areas of science and technology insurance, and conduct pilot projects for risk diversification in major technological breakthroughs, pilot testing, network security, etc. Encourage insurance funds to participate in the implementation of national major science and technology tasks.