BEIJING - China will use national funds for technology transfer and commercialization to provide risk compensation to banks, to facilitate technology transfer loans, said the Ministry of Science and Technology (MOST) Friday.
MOST and the Ministry of Finance have rolled out rules on compensation for issuing transfer loans to small- and medium-sized tech enterprises.
Risks exist in transferring scientific and technological achievements given limited abilities of small- and medium-sized tech enterprises. Hence they have been having difficulties in borrowing from banks.
The rules will enter into effect on Jan 1, 2016.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
