Four departments: fully support technological innovation, vigorously invest in early, invest in small, invest in long-term, invest in hard technology.

According to the Securities Times app, on May 15th, the People's Bank of China, the Ministry of Science and Technology, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission jointly held a technology financial work exchange promotion meeting. The meeting emphasized that financial regulatory authorities, scientific and technological departments, and financial institutions should thoroughly implement the decisions and arrangements of the Party Central Committee and the State Council, implement and refine various policy measures for the establishment of a technology financial system, explore the establishment of institutional mechanisms that are compatible with technological innovation, comprehensively support technological innovation, and vigorously invest in early-stage, small-scale, long-term, and hard technology projects.