Zhongguancun Administrative Committee held a press conference on innovative science and technology credit products in Beijing’s Zhongguancun Exhibition Center on Nov 13.

It aims to deepen the innovation of science and technology credit products and provide more characteristic credit products to small and micro science and technology enterprises.

At the meeting, 14 financial and professional service organizations such as ICBC Beijing Branch, China Construction Bank Beijing Branch, Zhongguancun Bank, Zhongguancun Sci-tech financing Guaranty Company, and Beijing Intellectual Property Operation Administrative Company released 30 key innovative products.

Some banks, guarantee companies and scientific and technological innovation enterprises signed agreements at the event.

About 200 people, including Zhai Lixin, director of the Zhongguancun Administrative Committee, Li Yuxiu, deputy inspector of the Business Administrative Department of the People's Bank of China and Pan Xinsheng, deputy director of the Municipal Intellectual Property Office, as well as representatives of financial institutions, professional service agencies, tech firms and news media attended the event.

As the main constructor of Beijing's national science and technology innovation center, Zhongguancun has achieved fruitful results in implementing the Five-year Action Plan on Leading High-quality Development with Innovation, promoting the deep integration of finance, science and technology, industry and economy, building a science and technology financial service system, optimizing the innovation and entrepreneurship ecosystem, and guiding financial institutions to innovate their products and services.

The 30 sci-tech credit products released are of the following types:

First, products for small and micro science and technology enterprises with patents and other intellectual property rights as the core assets, such as Science and Technology Cloud Loans, a upgraded version of Zhirongtong, micro-credit Zhirongbao, Intellectual Property Operation Insurance and Zhizubao.

Second, products for small and micro science and technology innovation enterprises with high R&D investment and high growth, such as Yiqidai, R&D Loan, Maker Loan, investment and loan linkage, loans with subscription rights and convertible private placement bonds.

Third, products for small and micro science and technology innovation enterprises answering urgent funding demands and putting great pressure on capital chains, such as ICBC e-credit, BOC core Tongbao, Quick Operation Loans, Fast Loans, Huiying Loans, Mercantile Paper Tongbao, and entrepreneurship insurance.

Fourth, products for small and micro science and technology innovation enterprises with little financial Administrative information and insufficient collateral, such as ICBC Kehuitong, Banking-tax e-loans, cloud tax loans, high-tech loans, cutting-edge technology loans, and quick science and technology innovation loans.

According to the press conference, the Zhongguancun Administrative Committee will give full play to Zhongguancun's pioneering role, and better serve small and micro science and technology innovation enterprises in financing.