The China Banking and Insurance Regulatory Commission (CBIRC) Launches Pilot Program for M&A Loans to Tech Firms in 18 Cities to Support the Construction of a Strong Technological Nation
The China Banking and Insurance Regulatory Commission (CBIRC) Launches Pilot Program for M&A Loans to Tech Firms in 18 Cities to Support the Construction of a Strong Technological NationOn March 6th, the CBIRC officially announced a pilot program for mergers and acquisitions (M&A) loans for technology companies in 18 cities, including Beijing, Shanghai, Hangzhou, and Shenzhen. This initiative aims to channel more financial resources into technological innovation, accelerate the construction of a tech-finance system that meets the needs of technological innovation, foster the development of new productive forces, and ultimately achieve high-level technological self-reliance and self-improvement, contributing to the ambitious goal of building a strong technological nation...
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