Equity investment funds are financial instruments that spread risk through portfolios and can provide institutional guarantees for scientific and technological innovation and industrial transformation. Insurance should use its ability to manage risks well, undertake, hedge, distribute, and transfer risks in scientific and technological innovation, form a risk diversification mechanism for major technological research, and develop more insurance products adapted to the risks of science and innovation. Science and innovation bonds and loans should cooperate well with equity investment funds to vigorously promote the further growth of science and innovation enterprises after they reach a certain stage of development; at the same time, leading enterprises in the science and innovation industry chain should be strongly supported, using leading enterprises as intermediaries to indirectly provide financial support to small and medium-sized enterprises in the industrial chain. New financial infrastructure such as the Science and Technology Innovation Board, GEM, and the Beijing Stock Exchange must also cooperate to provide good financing services for science and innovation enterprises.

Equity investment funds are financial instruments that spread risk through portfolios and can provide institutional guarantees for scientific and technological innovation and industrial transformation. Insurance should use its ability to manage risks well, undertake, hedge, distribute, and transfer risks in scientific and technological innovation, form a risk diversification mechanism for major technological research, and develop more insurance products adapted to the risks of science and innovation. Science and innovation bonds and loans should cooperate well with equity investment funds to vigorously promote the further growth of science and innovation enterprises after they reach a certain stage of development; at the same time, leading enterprises in the science and innovation industry chain should be strongly supported, using leading enterprises as intermediaries to indirectly provide financial support to small and medium-sized enterprises in the industrial chain. New financial infrastructure such as the Science and Technology Innovation Board, GEM, and the Beijing Stock Exchange must also cooperate to provide good financing services for science and innovation enterprises.