At the 2026 Lujiazui Forum “Plenary Session Five: Improving the full life cycle service system of science and technology and finance to serve the high-quality development of the real economy”, Wang Chunying, Vice Chairman and President of the Export-Import Bank of China, introduced that the Export-Import Bank of China has accelerated the transformation of technological innovation into real productivity with the three-way mechanism of “escort, launch, and voyage”.
Wang Chunying said that technological innovation is the key force that determines the rise and fall of a country, and technological self-reliance and self-reliance are related to future competition and development initiative and leadership.
At present, the science and technology finance policy system is constantly improving, funding guarantees are more powerful, and service quality and efficiency have been significantly improved.
However, in terms of financial support for basic research, major scientific and technological project research, early identification and intervention of scientific and technological enterprises, achievement transformation and industrial application, it is still necessary to continuously change concepts and optimize mechanisms.
In recent years, the Export-Import Bank has further focused on serving national development, mainly doing business that commercial finance cannot or cannot do well.
In the field of science and technology and finance, start by solving problems and planning things.
The document clarifies that, first, we need to protect major projects, strengthen the supply of science and technology finance, and provide policy financial guarantees for key areas and weak links.
This helps ensure that projects that are critical to the country’s scientific and technological development can be progressed smoothly and will not be stalled due to funding and other issues.
For example, some major projects involving core technology research and development often require large amounts of capital investment and long-term research and development cycles, and policy financial support is particularly critical.
The second is to support scientific and technological enterprises to get started and solve the problem of qualification threshold.
In the early stages of development, many technological innovation companies find it difficult to obtain commercial financial support due to lack of sufficient assets and performance.
The Export-Import Bank of China has lowered the qualification threshold through innovative mechanisms and provided financial support to these enterprises to help them take the first step in development.
The third is to serve the voyages of technology companies and cultivate and expand the global market.
With the development of science and technology, more and more technology companies hope to promote their products and technologies to the global market.
The Export-Import Bank of China uses its own advantages to provide technology companies with financial support and related services for overseas market expansion, helping them gain a foothold in the international market.
The fourth is to promote the deep integration of science and technology and industrial innovation and connect the chain of achievement transformation.
The ultimate goal of scientific and technological innovation is to realize the transformation of results and promote industrial development.
The Export-Import Bank uses financial means to promote the connection between scientific and technological achievements and industrial needs, and accelerate the industrialization process of scientific and technological achievements.
Wang Chunying said that the Export-Import Bank is not the largest in the field of science and technology finance, but as a policy bank, it is more about guidance, quality and influence.
The Export-Import Bank of China will continue to support technological innovation in three dimensions: leadership, empowerment, and opening up.
According to previous reports by CCTV News, from January to May this year, the Export-Import Bank of China issued 490 billion yuan in new foreign trade loans, of which nearly 40% was invested in stabilizing foreign trade entities and stabilizing the foreign trade industry chain.
Fully support intermediate product trade, digital trade, overseas warehouses, etc., promote technological innovation of artificial intelligence, green power equipment and other products, and expand exports.
This series of measures not only reflects the Export-Import Bank’s active role in supporting technological innovation and foreign trade development, but also injects strong impetus into the high-quality development of the Chinese economy.
