The High-tech Zone establishes the model for the interation of technology and finance

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The integration of technology and finance creates the brightest economic effect.

This is because that financial support is necessary for technological innovation and industrialization. Enhancing the allocation of financial resources to technology fields is an important measure to speed up the commercialization of research findings and cultivate strategic emerging industries, and meanwhile it expands the space for the healthy development of financial system.

As the first batch of trial zone promoting the integration of technology and finance in Shaanxi Province, through 22 years’ development, the Xi’an High-tech Zone has had more than 18000 enterprises of various kinds, among which more than 4000 technology enterprises have core technology. Moreover, competitive technology industries and enterprises rise sharply in the High-tech Zone. Meanwhile, with 435 financial institutions and similar financial institutions including banks, insurances, and securities, the High-tech Zone becomes the region with the most intensive financial institutions in the province. Therefore, the synergetic development of the financial resources advantage and the technology innovation is the driving force for the constant progress of the Zone.

In recent years, the Xi’an High-tech Zone has made innovations in policies and systems and explored effective measures including technology enterprise insurance and credit system construction to more powerfully guide the allocation of financial resources to technology fields and promote the integration of finance and technology.

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