China news agency, Beijing, May 21 (Reporter Zhao Jianhua) The Ministry of Finance of China announced on the 21st that this year it plans to implement the special guarantee plan for scientific and technological innovation, guide banks and government financing guarantee institutions at all levels to strengthen financing support for scientific and technological innovation SMEs by improving the risk sharing and compensation of the national financing guarantee fund for scientific and technological innovation SMEs, Pry more financial resources to invest in scientific and technological innovation.
According to the Ministry of Finance, government financing guarantee is an important means and key link to solve the problem of difficult and expensive enterprise financing. In recent years, it has played an active role in supporting small and micro enterprises and "agriculture, rural areas and farmers" in financing credit enhancement.
The Ministry of Finance stressed that science and technology should be given priority as a key area of financial expenditure. In 2024, the budget for science and technology funds at the central level will be 370.83 billion yuan (RMB, the same below), an increase of 10% over the previous year. At the same time, we will strengthen the coordination of scientific and technological tasks and funds, adjust and optimize the expenditure structure, highlight the key points of support, strengthen performance management, and improve the efficiency of scientific and technological investment.
——Support the strengthening of basic research. We will increase investment in basic research, applied basic research and cutting-edge research. In 2024, the central government will spend 98 billion yuan on basic research, an increase of 13.1%, to support the improvement of original innovation capabilities.
——We will support the accelerated implementation of major national science and technology projects. We will make every effort to ensure that we win the battle against key core technologies, support the layout and implementation of a number of major national science and technology projects, and speed up our efforts to seize the commanding heights of science and technology.
——Support the strengthening of national strategic scientific and technological forces. We will strengthen stable support for national strategic scientific and technological forces such as national laboratories, national scientific research institutions, high-level research universities, and focus on supporting the cultivation of more strategic scientists, first-class scientific and technological leaders, innovative teams, and young scientific and technological talents. (End)
