Hainan provincial government office issued measures to furth
文 / 小金
2026-08-10 12:01:14
来源:亚金网
Hainan provincial government office issued measures to further reform investment and financing. The plan directs coordination of government funds, policy financial tools and commercial bank lending cadence, and urges policy banks and commercial lenders to join major-project planning earlier. It requires setting a balanced mix of government capital, credit and sponsor own funds and seeks to build a full-cycle capital recycling system—“fund efficiency, investment fund structure, credit-based construction, securitized operations.” Projects with strong returns and broad financing access should see reduced or no government funding. The measures also issue operational guidance to expand a “invest first, convert to equity later” model for science-and-technology fiscal funds; fiscal capital may initially finance commercialization projects (eg, biomedicine, deep-sea technology) and convert to equity once firms mature to share risk and returns.
