Recently, Xiamen issued the "Opinions on Upgrading 'Fiscal Policy + Financial Tools' to Support Technological Innovation and Industrial Transformation." According to the document, Xiamen will develop a 3.0 version of "Fiscal Policy + Financial Tools," forming a policy portfolio with a total scale exceeding 100 billion yuan. This initiative aims to drive technological innovation, build a modern industrial system, and accelerate the development of new production capacities, providing strong support for high-quality economic growth. The document outlines plans to establish three sci-tech innovation funds, which include promoting funding for technology and talent support, creating a marine high-tech industry development fund, and setting up a BRICS innovation fund. Additionally, it will promote the market-oriented construction and operation mechanism of scientific research infrastructure and improve the technological innovation fund to enhance financing and credit support for small and micro enterprises.
