On November 9th, Guo Wuping, director of the Policy Research Department of the State Financial Supervision and Administration, said at the 15th Caixin Summit that the State Administration of Financial Supervision, under the support of the three systems of policy system, product supply system and professional service system, will continue to guide the four types of institutions to continuously strengthen the financial services of scientific and technological innovation. Banking institutions will continue to optimize loan investment, accurately serve the financing needs of scientific and technological enterprises, and broaden the scope of pledges. Insurance companies will improve the product system, form insurance protection covering the R & D, production and sales of scientific and technological enterprises, and promote the risk diversification of scientific and technological enterprises. Asset management institutions will further increase the support for scientific and technological innovation projects and venture capital, and provide long-term stable financial protection for scientific and technological research and development, transformation of achievements and promotion and application. After the financial asset investment company expands the scope of the equity investment pilot to 18 cities, it will accelerate the implementation of equity investment in the pilot areas.