Shu Shengxiang, special commentator of nine Party news On November 18, 2022, the People’s Bank of China, the Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Industry and Information Technology, the Ministry of Finance, the Banking and Insurance Regulatory Commission, the Securities Regulatory Commission, and the Administration of Foreign Exchange issued the Overall Plan for the Construction of Science and Innovation Financial Reform Pilot Zones in Shanghai, Nanjing, Hangzhou, Hefei and Jiaxing. According to the plan, scientific and technological innovation enterprises are encouraged to list in domestic and foreign financing and regional equity markets, and more high-quality enterprises in software, big data, artificial intelligence and other fields are encouraged to list in China. Innovation is the first driving force. In the context of “striving to become a major science center and innovation highland in the world”, science and technology have never had such a profound impact on the future and destiny of the country and the well-being of the people as today. The science and innovation industry is an industry based on scientific and technological breakthroughs or major innovations, with intensive knowledge and technology, great growth potential and good development prospects. It is an important force for cultivating new growth drivers and promoting high-quality development. From an economic power to a scientific and technological power, scientific and creative enterprises play a vital role. Looking back on the 100-year history of science and technology, many great scientific and technological progress are based on enterprises or individuals. These achievements of innovation by enterprises or individuals will eventually be reflected in the scientific and technological strength of the country. As Van Gogh said, “I don’t know what is certain, I only know that as soon as I see the stars, I begin to dream.” The starry sky of science and technology power needs more dream chasing enterprises that work hard to run. Scientific and technological innovation cannot be separated from financial support. If the financial supply is difficult to meet the demand of science and innovation industry, it will inevitably restrict the development of science and innovation industry. Because the science and innovation industry has the characteristics of heavy investment, long cycle, high risk and uncertain research and development results, science and innovation enterprises are faced with various problems such as unclear market, immature product and uncertain profit before they can achieve great commercial success. In contrast, financial companies are more inclined to support those industries with less risk, shorter investment cycles and even obvious economic benefits. Scientific and technological enterprises with uncertain prospects in the early stage of development are often difficult to obtain effective financial support. The plan for the construction of the science and innovation finance reform pilot zone issued this time put forward 19 specific policies and measures from seven aspects: improving the organizational system of science and innovation financial institutions, promoting innovation of science and innovation financial products, making full use of the multi-level capital market system, promoting science and technology enabling finance, consolidating the foundation of science and innovation finance, and solidly promoting financial risk prevention and control. It should be said that the “disease” is very accurate, and the “prescription” is also strong, which is conducive to further coordinated promotion of original innovation, technological innovation and industrial innovation. In the combination of the above policies, unblock the financing channels for scientific and technological innovation enterprises to go public, and encourage more high-quality enterprises in the fields of software, big data, and artificial intelligence to go public in China, which has attracted particular attention from the outside world. High-quality enterprises in the above areas, financing in the capital market, will undoubtedly get more convenience, and the scope of application of the policy is not limited to the pilot zone. Admittedly, as a pilot reform of science and technology finance, most of the policies in the document, for the time being, only Shanghai, Nanjing, Hangzhou, Hefei, Jiaxing five pilot areas, can expect that once the science and technology finance reform pilot area has achieved better test results, it should also be promoted to the country in a timely fashion. It is of great significance to help the high-quality development of scientific and technological enterprises with financial reform, and to build a scientific and technological financial reform pilot zone. Only by allowing scientific and technological innovation enterprises to survive and develop better, can the scientific and technological innovation industry grow stronger and stronger, and can constantly use science and technology to promote development, benefit the people, and change the world. We have reason to believe that by giving play to the leading role of reform, strengthening policy design and mechanism innovation, we can stimulate the impetus of financial support for scientific and technological innovation enterprises, eliminate the information asymmetry between financial institutions and scientific and technological innovation enterprises, make up for the shortcomings and shortcomings of financial services, and promote more innovation of scientific and technological financial products, and better serve the development of scientific and technological innovation industry. It is expected that the financial reform of science and technology innovation can make more entrepreneurs and entrepreneurs interested in scientific and technological innovation light, achieve a virtuous cycle and interaction of finance, science and technology and industry, activate a pool of scientific and technological innovation, and move toward a beautiful spring of scientific and technological power. Jiupai Comments submission email: pinglun@jp.jiupainews.com 【 Source: Nine Pai News 】 Declaration: The copyright of this article belongs to the original author. If the source is wrong or infringes your legitimate rights and interests, you can contact us by email, we will deal with it in time. The email address is jpbl@jp.jiupainews.com