On October 18, the Shanghai headquarters of the People's Bank of China held a press conference for the fourth quarter of 2024. Zhang Xiaoqi, deputy governor of the Shanghai branch of the Industrial and Commercial Bank of China, explained at the meeting that the Shanghai headquarters of the People's Bank of China guided the establishment of the Shanghai Science and Technology Innovation Finance Alliance at the end of 2023. The bank served as the first chairman unit and joined hands with the members of the alliance to promote the development of technology finance throughout the city. At the end of September, the bank's financing scale for technology-based enterprises exceeded 160 billion yuan, serving nearly 10,000 science and innovation enterprises.

On October 18, the Shanghai headquarters of the People's Bank of China held a press conference for the fourth quarter of 2024. Zhang Xiaoqi, deputy governor of the Shanghai branch of the Industrial and Commercial Bank of China, explained at the meeting that the Shanghai headquarters of the People's Bank of China guided the establishment of the Shanghai Science and Technology Innovation Finance Alliance at the end of 2023. The bank served as the first chairman unit and joined hands with the members of the alliance to promote the development of technology finance throughout the city. At the end of September, the bank's financing scale for technology-based enterprises exceeded 160 billion yuan, serving nearly 10,000 science and innovation enterprises.