[Autohome Fuzhou Promotion Channel] brings you exciting news! A grand promotion is underway in the Fuzhou market, and car buyers will have the opportunity to enjoy amazing discounts of up to 150,000. The original price of this luxury performance model started at 1.0208 million yuan, and now the minimum starting price has been reduced to a very competitive level. For friends who aspire to own this dynamic car, this is undoubtedly a car opportunity not to be missed. Click "Chatti Car Price" in the quotation form now to seize this once-in-a-lifetime price reduction and put your dream car within reach!

The Mercedes-Benz GLE coupe AMG presents a unique and refined exterior design with its perfect combination of dynamics and power. The front face adopts the classic single-frame air intake grille of the Mercedes-Benz family, and is surrounded by AMG’s exclusive sports, which is both domineering and elegant. The streamlined body lines and the coupe-style roof curves complement each other to create a strong sense of sports. The overall style is sharp and luxurious, fusing performance and aesthetics perfectly, bringing unparalleled visual enjoyment to the driver.

The Mercedes-Benz GLE coupe AMG exudes a unique side charm with its streamlined body design. The body measures 4944mm long, 2018mm wide, 1716mm high, and the wheelbase reaches 2935mm, providing passengers with a spacious interior. The front wheels are equipped with 275/45 R21 tires, while the rear wheels are equipped with more sporty 315/40 R21 tires, which not only ensure excellent handling performance, but also enhance the visual impact of driving. The side lines are smooth and dynamic, highlighting the sports gene of the AMG brand, which is impressive whether it is static appreciation or dynamic driving.

The interior design of the Mercedes-Benz GLE Coupe AMG fully highlights the perfect combination of high performance and luxury. The steering wheel is wrapped in exquisite leather, providing a unique carbon fiber/flip fur texture, which not only feels comfortable to hold, but also adds a dynamic element. The 12.3-inch central control screen stands in the center of the dashboard, with a clear and intuitive interface. It integrates multimedia systems, navigation and phone functions, which is convenient for the driver to operate. Whether the driver or the passenger can enjoy the convenience brought by cutting-edge technology. As for the seat, it is made of high-grade leather material, and the seat has rich adjustment functions, including multi-directional adjustment of front and rear, backrest, high and low, leg rest and waist support, to ensure the comfort of long-distance driving. In addition, the front seats are also equipped with heating, ventilation functions and power seat memory functions to provide additional care for passengers. As for storage space, the rear seats support proportional reclining, and the flexible space layout meets different needs.

The Mercedes-Benz GLE Coupe AMG is equipped with a powerful 3.0T L6 engine with a maximum power of 320 kW and a peak torque of 560 Nm, providing 435 horsepower. With a sophisticated 9-speed automatic transmission, it ensures smooth power transmission and driving pleasure. This engine not only reflects the AMG brand’s pursuit of performance, but also brings an excellent driving experience to the driver.

In the summary, we highlight the powerful performance and unique charm of Mercedes-Benz GLE Coupe AMG, as well as its competitive advantages in the market. Now, in order to give back the support and love of consumers, Mercedes-Benz has adjusted its strategy in a timely manner and will carry out a limited-time price reduction promotion for GLE Coupe AMG. This is undoubtedly a great opportunity for you to experience the ultimate driving pleasure and own a luxury performance car. Seize this rare offer, Mercedes-Benz GLE Coupe AMG will be waiting for you at a more affordable price. Act quickly, drive Mercedes-Benz GLE Coupe AMG, and start your luxury performance journey!

Compared with Q Jie, Ideal, NIO, Xiaopeng, etc., Zero Run, which is also at the forefront of the new power rankings, seems to be a lot more reticent. But with high cost performance, Zero Run’s sales are quite stable. At present, Zero Run has four models on sale. The price range of mini cars is 4.99-8 9,900, the price range of medium and large cars is 13.68-20 8,800, the price range of medium-sized SUVs is 12.88-16 8,800, and the price range of medium-sized SUVs Zero Run C11 is 14.88-20 9,800. Among them, the mini car only has pure electric mode, and the medium and large cars and SUVs provide pure electric and range extension two power modes.

The SUVs on sale are all 5 doors and 5 seats, so Zero Run plans to launch a 6-seat SUV -. Recently, Zero Run has said that it will debut a blockbuster new car at the Beijing Auto Show, and it is likely to be this Zero Run C16. The new car is expected to be positioned higher than Zero Run C10, with the same 6-seat (from 249,800) and (from 321,800). According to Zero Run’s usual practice, Zero Run C16 will inevitably have an advantage over its peers in price, or around 200,000.

According to relevant news, the Zero Run C16 is based on the Zero Run C10, and the rear body part of the B-pillar is redeveloped. Therefore, the overall appearance design of the new car can refer to the Zero Run C10, which has a high degree of similarity. It is equipped with front and rear through headlights, hidden door handles, etc. Of course, the 3-row 6-seat layout must be much larger than the C10 in size. It can be understood as an elongated version of the C10, and the design of the C-pillar will be different in the future. Referring to the length, width and height of the C10 are 4739/1900/1680mm respectively, and the wheelbase is 2825mm, it is speculated that the length of the C16 will be close to 5 meters, and the wheelbase will be close

The interior can also refer directly to the C10, which has a simple design. The central control large screen, electronic pocket block, wireless mobile phone charging panel, etc. are not missing. The second row is a double independent seat, and the second row of the roof is equipped with a large ceiling screen. New energy vehicles are now very particular about refrigerators, color TVs, and large sofas, and it is thought that the C16 should also be equipped.

The Zero Run official announced some information shared by the Zero Run C10 and C16. Both are based on the LEAP3.0 four-leaf clover architecture, equipped with 8295 chips, NAC intelligent driving, CTC2.0 battery chassis integration technology, four-domain integration central integrated electronic and electrical architecture, new oil-cooled electric drive, etc. Lidar will definitely be on the bus. Whether AR-HUD will be imported is temporarily uncertain.

In terms of power, the Zero Run C16 will be equipped with two sets of power systems, range extension and pure electric. The range extender will most likely continue the 1.5L four-cylinder engine on the Zero Run C10, with a maximum power of 95 horsepower. The new car is expected to be equipped with a new 800V high-voltage charging technology. As for whether it is equipped with the system, it remains to be seen later.

In terms of the progress of the new car, Zero Run C16 will be officially unveiled at the Beijing Auto Show, achieving SOP mass production at the end of May, and starting delivery in June, which is very fast. Not only that, according to the new car plan of Zero Run Car, a compact sedan/SUV series will be launched in the future, which may be named A series, which is positioned lower than the currently listed C series. The launch of this series will provide consumers with more choices.

Recently, the car fast review learned from Geely Automobile that on May 31, Geely Galaxy L7 will be officially launched, with a total of three models. At present, the relevant configuration information of the new car has been circulated on the Internet.

As a blockbuster model launched by Geely this year, the Galaxy L7 is regarded as one of the most powerful competitors of BYD Song PLUS DM-i. What are the highlights of the new car in terms of configuration? After collecting relevant information, the car review is as follows:

First of all, in the intelligent configuration, Galaxy L7 models come standard with 10.25-inch full LCD instrument panel, 13.2-inch central control screen, 16.2-inch co-pilot entertainment screen, Geely Galaxy N OS car system and automatic speech recognition system, built-in Qualcomm Snapdragon 8155 car chip. Support 4G network, OTA upgrade, WiFi hotspot.

In addition to the entry-level model, the medium and high-end models are equipped with Bluetooth keys, traffic sign recognition, L2-level assisted driving, lane centering, collision warning and active braking functions. The top model can also be equipped with an optional HUD head-up display that supports AR function and a fatigue driving reminder;

In fact, all models in the comfort configuration are equipped with a leather steering wheel, leather seats, electric adjustment of the main driver’s seat, second row seat back adjustment, front and rear center armrests, rear cup holders, automatic air conditioning, and PM2.5 filtration devices.

On the medium and high-end models, it is also equipped with wireless charging of the front mobile phone, waist adjustment of the main driver’s seat, leg rest adjustment of the passenger seat, ventilation heating and massage of the front seat, front seat memory function, Yanfei Lishi headrest audio, car ambient light, in-car fragrance device, panoramic sunroof that can be opened, induction wipers and electric induction trunk;

Furthermore, it is the safety configuration. All models are equipped with 360-degree panoramic images, 540-degree transparent chassis, main and passenger seat airbags, front side airbags and front and rear radars.

Similarly, the front and rear head airbags and adaptive LED near and far lights are also available on mid-to-high-end models.

Finally, on the power, all models are equipped with a 1.5T hybrid special engine and Geely Automobile’s new Raytheon hybrid 8848 power system, equipped with a lithium iron phosphate battery in Ningde Times, and matched with a 3-speed DHT hybrid special transmission. The entry-level model has a pure electric battery life of 55 kilometers, and the other two models have a pure electric battery life of 115 kilometers.

All three models support fast charging and external discharge functions, with a zero-hundred acceleration of 6.9 seconds and a fuel consumption of 5.23 liters at a loss of 100 kilometers. When fully charged, the comprehensive cruising range of the pure electric battery life 55-kilometer version is 1310 kilometers, and the comprehensive cruising range of the pure electric battery life 115-kilometer version can reach 1370 kilometers.

Regarding the price, there are rumors that the starting price of Galaxy L7 will be 140,000 yuan, and the answer will be officially announced in two days.

Another wave of concerts is about to be staged in Chengdu!

And! This time, everyone’s sweetheart came!

A-Lin, Zhang Yixing, Huang Qishan, Wang Sulong, Zhou Huajian, and Andy Lau will meet you this summer~ Come and watch a wave of cloud trailers~

"Today… is the Day"

Andy Lau Tour 2024 Chengdu Station

| performance location |

Chengdu Dong’an Lake Sports Park Multifunctional Gymnasium

| Show time |

August 9-12

2024 Zhou Huajian "Young Knight"

Tour Chengdu Station

| performance location |

Chengdu Dong’an Lake Sports Park Multifunctional Gymnasium

| Show time |

July 20

2024 Zhang Yixing "The Great Voyage 4 · STEP"

Tour · Chengdu Station

| performance location |

Chengdu Fenghuangshan Sports Park Comprehensive Gymnasium

| Show time |

July 6

Huang Qishan "Sunset · Not Late"

2024 Tour – Chengdu Station

| performance location |

Chengdu Financial City Performing Arts Center

| Show time |

July 13

Wang Sulong 2024

100,000 Volts Tour

| performance location |

Chengdu Dong’an Lake Sports Park Main Stadium

| Show time |

July 6-7

Xiao Jingteng

Wild Tour – Chengdu Station

| performance location |

Chengdu Financial City Performing Arts Center

| Show time |

August 10

2024 A Link with PASSENGERS

A-Lin Tour

| performance location |

Chengdu Fenghuangshan Sports Park Comprehensive Gymnasium

| Show time |

July 20

2024 Zhou Xingzhe Odyssey (Journey)

Tour Chengdu Station

| performance location |

Chengdu Dong’an Lake Sports Park Multifunctional Gymnasium

| Show time |

July 13

Prism "How many years and how many faces"

2024 Tour Chengdu Station

| performance location |

Dong’an Lake Sports Park Multifunctional Gymnasium

| Show time |

June 22

This Summer

In addition to the concert, let you see enough

There is also a big wave of music festivals and stage plays!

Chengdu Happy Valley

"All Things Live" Electronic Music Festival

| performance location |

Chengdu Happy Valley

| Show time |

June 29-September 1

Kugou TOP Live Super Cool Music Festival

| performance location |

Chengdu Western Expo City South Plaza

| Show time |

June 22-23

2024 Heat Wave Flight Music Festival

| performance location |

Chengdu Intangible Cultural Heritage Expo Park

| Show time |

June 22

Stage play "Sunrise"

| performance location |

Chengdu Jianyang Grand Theater · Grand Theater

| Show time |

June 21-22

Fifty Years in a Hurry – Hoodev 2024 Concert

| performance location |

Chengdu City Concert Hall · Opera Hall

| Show time |

June 21

Dance drama "Confucius"

| performance location |

Sichuan Grand Theater · Grand Theater

| Show time |

July 1-2

"Panda Player" Happy Performance Show

| performance location |

Chengdu Giant Panda Breeding Research Base South Gate Panda Plaza

"Panda Player" themed venue

| Show time |

June 20-30

Dance drama "The Thirteen Hairpins of Jinling"

| performance location |

Chengdu High-tech Chinese Performing Arts Grand Theater

| Show time |

June 21-22

Source | Cultural Tourism Chengdu, Damai.com and the official platforms of major theaters and concert halls

Original title: "Andy Lau, Wang Sulaki, Zhang Yixing… Chengdu concerts are piling up again!"

Read the original text

Original title: Xiaodu at home smart speaker video review, smart speaker with screen is really amazing

foreword

I have been paying more attention to the smart speaker category, and now smart speakers have been fully integrated into my life.

About a year ago, Amazon released a smart speaker with a screen Echo Show, and domestic smart speaker pioneer JD.com – Ding Dong also released a smart speaker with a screen at CES earlier this year, Ding Dong PLAY, but it actually became a product and officially launched in China. It is the "Xiaodu at home" that you want to experience today.

Smart speakers should not have a screen, which used to be a very popular discussion after Amazon released the Echo Show. Many technology media came out to post articles, with praise and criticism, and it seemed that the criticism was greater than the praise. But whether the experience of having a screen is good or not, please follow me.

unpacking

The packaging of "Xiaodu is at home" is quite simple, and the pure white hard carton is printed with hot silver. The product name on the front is marked as jointly produced by Baidu and Xiaoyu at home.

On the back of the box is some necessary information for product packaging, and there is no excess.

Open the heaven and earth cover, and what you see directly inside is the main body of the fuselage embedded in the blister packaging.

Take out the main unit, and there is a small box below to put the transformer.

Transformer output power 12V 2A.

exterior display

Xiaodu has four body colors to choose from at home, and I chose a bright "Rock Red".

From the front, Xiaodu’s appearance at home is quite similar to that of the Echo Show, except that the position outside the screen is completely wrapped in fabric material, which is more visually gentle

The side and back are quite different from the Echo Show. It feels a bit like a traditional cylindrical speaker with a screen on the front. There is a power switch on the top. Since the screen is a touchscreen, there is no need to add too many buttons, and most operations can be performed directly on the touchscreen.

There are silicone foot pads at the bottom, and there are Micro USB ports and power ports in the semi-circular hollow position.

The weight of the whole machine is not heavy, 0.834 kilograms, about one and a half catties.

Town Building Map

After unpacking, even if you enter the real experience evaluation process, put a map of the town building before that. This picture is not to brag about how many smart speakers I have, but to show that I have indeed experienced and tried most of the smart speakers on the market. After a long time of use and experience, I have learned about the current mainstream technical level of the smart speaker category, and can objectively evaluate the quality of a product. The following review and experience are based on my experience of using the vast majority of smart speakers on the market.

boot configuration

Press and hold the top power supply for three seconds to turn it on, and the boot screen shows the product name, "Xiaodu Smart Video Speaker at Home", jointly produced by Baidu and Xiaoyu at Home.

Due to the screen, it is much easier to connect to Wi-Fi. You don’t need to open the APP anymore. You can directly connect to the Wi-Fi network like operating a Pad.

After the device is successfully connected to the network, the APP will be installed and the device will be activated by scanning the code through the APP.

When you open the APP for the first time, there will be some introductions to the selling points of this product.

Xiaodu used Xiaoyu’s user system at home, because I have used Xiaoyu at home before, so I can log in directly.

After logging in to Xiaodu Home, you need to bind your Baidu account again to get Baidu-related services. After the binding process is completed, there will be a short introduction video to watch.

After the APP logs in and scans the code, the binding process is completed. The first user to bind is the administrator of the device. After the device is activated, there is also a short demonstration video and asks if one call is turned on. To turn on this function, the mobile phone can also see the screen shot by the device without the need to answer the device, similar to the function of remote monitoring.

I forgot to take a comparison of the size of the reference object before, so I added it here. I think the volume is more suitable.

practical experience

Several icons on the main screen represent skills introduction, calls and messages, Wi-Fi connection, time, air quality, family member avatars, etc.

Xiaodu used "Xiaodu Xiaodu" as the wake-up word at home. After waking up, all the content Xiaodu heard at home would be converted into text and displayed at the bottom of the screen. Through this information bar, users could intuitively see whether Xiaodu accurately recognized the user’s voice content at home.

With a screen, the information that can be conveyed has an extra dimension. In addition to voice broadcasts, most of the information will also be converted into images and displayed on the screen.

When listening to music, not only can the album cover be displayed, but also the lyrics can be scrolled to display, which is very cool.

Now that he had a screen, he could play videos. Xiaodu was at home and fully connected to the iQIYI platform. All content on iQIYI could be retrieved and played directly on Xiaodu’s home. If he was not an iQIYI member, he would normally watch a 60-second advertisement.

Xiaodu is equipped with a seven-inch screen at home with a resolution of 1024 × 600. The picture quality is relatively average, which is enough for video calls, but it is not recommended to use this device for a long time to watch video content. However, in some scenes, it is quite convenient to have this small screen to watch the content. For example, watch the explanation when cooking, and watch the tutorial when accompanying the child to do crafts. In addition, Xiaodu supports DLNA video output at home, and can voice-demand content and complete the screen projection.

The way to log in to iQIYI is to click Member in the upper right corner to skip the advertisement when an advertisement appears. At this time, the QR code will appear on the screen. Use the iQIYI APP and scan the code to associate the account relationship.

You can make video or voice calls directly at home through Xiaodu. If the other party is already a family member, you can directly initiate a video call or voice call over the Internet without a separate charge. If you just dial a normal phone number, you will need to pay the call fee. Each device comes with 60 minutes of free phone calls, which can be paid later.

actual experience video

Let’s play a practical video. It can be seen that Xiaodu’s recognition accuracy and reaction speed at home are both excellent.

APP

In terms of the APP, users who have used Xiaoyu at home can see that this is basically Xiaoyu’s APP at home, with slight modifications in some small places. But that’s fine, after all, Xiaoyu has been on the market for a long time, and the App has been polished for a long time.

The app is divided into three tabs, namely Voice Skills, Family Interaction, and Discover More.

Language skills are mainly used to explain the functions of this device and related voice commands. Just look at the long picture below.

Before Xiaoyu was at home, his main focus was family care and company, so the function of this family circle was also simultaneously translated to Xiaodu at home.

Family interaction includes audio & video calls, family member management, smart capture, and family albums. For relevant settings, you can see the screenshot below, and the following video will also show you the actual use effect.

Discover more about some settings for devices and permissions. Among them, the child protection function is very intimate. You can set which users can be on-demand, and force a break after 30 minutes of video playback.

Smart speakers need some smart home linkage functions, and Xiaodu’s smart home functions at home can only be regarded as a little bit of water. Devices that can be connected are on the right side of the picture below. There are some devices connected through Broadlink in my home that can be bound to an account and controlled, but the control is limited to basic functions, and there are no customization and scene-related settings.

A summary of Xiaodu’s experience at home

Advantages:

1. With the screen, the content that can be displayed has expanded a lot. In addition to seeing iQIYI videos, you can see lyrics when listening to songs, spelling when asking English, and corresponding pictures or even small videos when checking the content.

2. In addition to being more informative, it also reduces distrust of voice devices. (Here I want to explain what distrust there is with devices that did not have a screen before. For example, if I ask a long mathematical calculation, I believe that as long as the speaker can understand it, it will be correct. But I am not sure if a long mathematical calculation speaker really heard it correctly, and the result reported to me in the end is really what I want to calculate. And with the screen, you can intuitively see the complete calculation formula I said on the screen.)

3. The APP has been relatively mature and has stable functions after being polished by Xiaoyu at home before.

4. Focus on building relationships in the family circle, share photo albums and videos, and bring family members closer together.

The price of 599 does have a significant impact on the market for congeneric products.

Deficiency:

1. As a smart speaker, sound quality is a weakness.

2. I didn’t find the function to disable the microphone. I don’t know if it’s really not there or if it’s hidden too deeply.

3. Smart home is a touch of the water.

The author of this article, Jiguo Trainee Experience Master: Regeneration Fairy

This article is originally written by Jiguo Trainee Experience Master Regeneration Fairy

　　[Doing Five Great Articles to Promote High-quality Financial Development]

　　Author: Dong Zhi (Vice President of Peking University, Dean of School of Economics)

　　The Central Financial Work Conference held a few days ago put forward that "finance should provide high-quality services for economic and social development" and "do five major articles on technology and finance, green finance, inclusive finance, pension finance and digital finance", which pointed out the direction for China’s financial services to the real economy. As the first of the "Five Great Articles", doing a good job in technology and finance’s great article not only shows that the Party and the country attach great importance to scientific and technological innovation, but also shows that science and technology, as the primary productive force, plays an important role in economic and social development, and it also shows that technology and finance plays an important role in promoting high-level scientific and technological self-reliance.

　　1 fully understand the significance of doing a good job in technology and finance’s great articles.

　　Technology and finance refers to a series of financial activities of scientific and technological innovation in financial services and the development of scientific and technological enterprises. It is the product of deep integration of scientific and technological innovation and financial innovation, involving financial system, financial policy, financial model, financial products and other aspects. Doing a good job in technology and finance’s great article is an inherent requirement for China to enter a new stage of development, implement new development concepts, and build a new development pattern. It is also the need for finance to achieve high-quality development and achieve the goal of becoming a financial power.

　　Lay a solid foundation for realizing a strong country through science and technology. Innovation is the first driving force to lead development, and finance is the blood of the development of the real economy. On the one hand, technology and finance has expanded the financing channels of scientific and technological innovative enterprises, reduced the risk of financial exclusion of scientific and technological innovative enterprises, and effectively improved their scientific and technological innovation capabilities. Flexible and diversified financing methods are particularly obvious in supporting long-term and difficult scientific and technological innovation; On the other hand, technology and finance can provide innovative financing incentives for enterprises, cultivate their innovative consciousness in the field of actual production and service, promote the transformation of old and new kinetic energy, optimize the structure of the real economy and improve the overall economic benefits.

　　Inject strong impetus into building a financial power. The development of technology and finance can promote the formation of the innovation ecosystem of the real economy and the financial industry at the same time, which not only provides a more favorable environment for scientific and technological innovation, but also provides a platform for orderly competition in the financial industry. Through diversified financing methods, technology and finance provides full-chain, full-life financial services for science and technology enterprises, which not only promotes scientific and technological enterprises to carry out R&D innovation activities and transform scientific and technological achievements, but also reduces the tendency of funds to be divorced from reality. In addition, the development of technology and finance has also built a platform for financial institutions to achieve innovative competitive development. Excellent technology and finance institutions should be able to quickly and effectively identify science and technology-based enterprises with technology transformation capability and market potential, and also provide multi-level services in finance, operation, R&D and even industrial chain integration.

　　Provide a strong guarantee for independent development. At present, the world’s great changes in the past century have accelerated its evolution, a new round of scientific and technological revolution and industrial transformation has developed in depth, and the international power has been profoundly adjusted. Major countries have regarded scientific and technological innovation as the main battlefield of the international strategic game, and the competition around the commanding heights of scientific and technological innovation has been unprecedentedly fierce. China’s development has also entered a period in which strategic opportunities and risk challenges coexist and uncertain and unpredictable factors increase. The sound development of technology and finance can effectively help independent research and development, ensure the stability and security of China’s industrial chain and supply chain, accelerate the deployment of innovation chain around the industrial chain, and escort the self-reliance and self-improvement of science and technology.

　　2 The current development trend of technology and finance in China

　　In recent years, China’s high-tech industry has developed vigorously. By the end of the third quarter of 2023, China had cultivated 103,000 specialized and innovative small and medium-sized enterprises, and 178 national high-tech industrial development zones achieved a total industrial output value of 23.5 trillion yuan. The proportion of high-tech industries has been expanding, and high-tech manufacturing has accounted for 15.3% of the added value of industrial enterprises above designated size. How to use financial services to boost the development of high-tech industries and optimize the national economic structure has become a key issue that macro-economy must answer to achieve high-quality development. In this context, China attaches great importance to the construction of technology and finance system, actively promotes the deep integration of finance and science and technology, and gives full play to the synergistic role of market and government in the development of technology and finance. It has not only initially established a diversified service system in technology and finance, including venture capital, stock market, bond market and bank credit, but also formed a market-oriented support system represented by government-guided funds to promote the development of technology and finance. technology and finance’s development has achieved remarkable results.

　　By the end of June 2023, the management scale of venture capital and private equity investment funds in China was nearly 14 trillion yuan, and hard technology enterprises became the hot target of equity investment. Science and technology innovation board injected a strong impetus into the development of science and technology enterprises, successfully promoted more than 500 enterprises to realize IPO, and raised nearly one trillion yuan; Beijing Stock Exchange strives to promote the formation of a full-chain service system to support the innovation and development of small and medium-sized enterprises, and has become the main position to build innovative small and medium-sized enterprises with services. Among them, more than 80 enterprises have been selected into the national list of "Little Giant" enterprises with specialization and innovation, and over 80% of the companies have been selected into the list of provincial and municipal enterprises with specialization and innovation. In addition to equity financing, technology and finance’s related debt financing has also increased significantly, with the balance of Kechuang bills and Kechuang corporate bonds of about 450 billion yuan, and the balance of medium and long-term loans for high-tech manufacturing, loans for small and medium-sized science and technology enterprises and loans for "specialized and innovative" enterprises of 2.5 trillion yuan, 2.36 trillion yuan and 2.72 trillion yuan respectively, maintaining a growth rate of over 20% for many years. In addition, in order to effectively solve the information asymmetry between science and technology enterprises and financial institutions and the financing difficulties of science and technology enterprises, since 2020, the Torch Center of the Ministry of Science and Technology has launched an enterprise innovation point system to "portrait" the innovation ability of enterprises through the form of innovation points, identify and discover science and technology enterprises with strong innovation ability and great growth potential, and encourage financial institutions to provide credit support in combination with scientific and technological innovation evaluation.Guide local governments to open up direct channels for fiscal, taxation, science and education, industry, finance and other policy resources to support enterprise innovation.

　　With the rapid ecological progress in technology and finance, China, the government-guided fund has played an important role in promoting scientific and technological innovation and promoting the structural reform of the financial supply side. By the third quarter of 2023, governments at all levels had set up 1,557 government guidance funds, with a management scale of nearly 3 trillion yuan. The investment field focused on cutting-edge technology, of which funds led by strategic emerging industries accounted for 50%, which played an increasingly prominent role in promoting scientific and technological progress and promoting regional development.

　　3 to cope with the challenges facing the development of technology and finance.

　　To do a good job of technology and finance’s great article needs to be rooted in the national conditions. We should not only understand the inherent characteristics of finance, but also grasp the development law of scientific and technological innovation, and rationally treat the difficulties and challenges faced by technology and finance in its development process.

　　First of all, based on the current situation of China’s financial development, we must explore the road of high-quality development in technology and finance by promoting the mutual complement of direct financing and indirect financing, and uniting multi-channels to support scientific and technological innovation. China’s financing structure has been dominated by indirect financing for a long time, and credit assets account for more than half of the total financial assets. However, scientific and technological innovation, especially some frontier scientific and technological innovation projects, often involve a lot of investment, a long period of time and high risks, and there is great uncertainty in research and development results, so it is difficult for indirect financing to meet the demands of scientific and technological innovation enterprises for capital and financial risk management at the same time. Indirect financing takes creditors’ fixed interest income as economic incentive, and lacks innovative benefit sharing mechanism, and financial institutions providing indirect financial services also lack the motivation to share innovative risks. The intrinsic value of science and technology enterprises is more reflected in the intangible assets formed by innovation, such as technological advantages, patents, intellectual property rights, etc. It is more difficult to evaluate their assets, and they often do not have the conditions to obtain financing through mortgage loans of tangible assets. However, the financing demand for technology transformation is expanding rapidly, which will lead enterprises to face the problems of financing difficulties, expensive financing and slow financing.

　　Secondly, the development of technology and finance not only needs financial institutions to closely contact professional scientific research institutions, but also needs the government to fill the weak links in the system from the aspects of rule of law, finance and taxation, scientific research, credit and talents, and improve the support and guarantee for the development of technology and finance. Financial services must weigh the benefits and risks, but technological innovation itself has great risks. Scientific and technological innovation not only faces a long innovation chain and transformation chain, but also faces the increasing change of science and technology, and the innovation results may be born behind. Moreover, the complexity of scientific and technological innovation leads to the prominent problem of information asymmetry between science and technology-based enterprises and financial institutions. It is often difficult for financial institutions and even government departments to effectively assess the technological risks of science and technology-based enterprises, and it is easy to cause institutional arbitrage due to information asymmetry, which ultimately affects the accuracy of technology and finance’s services.

　　Finally, the development of technology and finance urgently needs to strengthen the overall planning and policy coordination, and the relevant regulatory authorities need to rationally and objectively look at and steadily promote the development of technology and finance. First, in recent years, the state has issued a series of policies to support scientific and technological innovation and the development of technology and finance, but the policy support system is not accurate enough, which leads to difficulties in policy implementation, which not only increases the burden of government expenditure, but also distorts reasonable innovation incentives. Second, when large-scale scientific and technological innovation enterprises become the service targets of the financial industry, the inherent R&D risks of scientific and technological innovation will also be transformed into financial risks. At the moment when the development trend of interdisciplinary and cross-border infiltration is more obvious, the scientific research organization model of division and governance cannot be rapidly transformed, which will also increase the backward risks of related scientific and technological innovations.

　　4 Identify the path of action to promote the development of technology and finance.

　　To effectively guide the financial industry to serve China’s scientific and technological innovation, we should not only co-ordinate the overall situation at home and abroad, make full use of the domestic and international markets and resources, but also co-ordinate the two major events of development and security, prevent the risks brought by technology and finance while promoting the high-quality development of technology and finance, and effectively identify the right path of action.

　　First, improve relevant institutional mechanisms and establish a diversified technology and finance system. A perfect multi-level capital market is the market foundation for technology and finance’s high-quality development. We should further improve the listing and trading systems of GEM, science and technology innovation board and Beijiao Stock Exchange, as well as the listing and trading systems of the New Third Board and regional equity markets, so as to provide more financing channels for scientific and technological innovation enterprises. Guide and support all kinds of financial institutions to carry out technology and finance services, encourage financial institutions to innovate financial products and services, guide and support equity investment institutions to carry out scientific and technological investment business, meet the financing needs of different types of scientific and technological innovation at different stages, and provide more financial support for scientific and technological innovation enterprises. The government should increase the research and investment in scientific and technological innovation, keep up with the cutting-edge scientific and technological direction, and work with the market to screen out scientific and technological innovation tracks with technical and market potential. Increase the input of government guidance fund in a timely manner to improve its guidance effect and leverage. The healthy development of government-guided funds can not be separated from a perfect exit mechanism. We should design a reasonable income distribution scheme on the basis of improving investment decision-making ability to ensure that government-guided funds can achieve their own sustainable development while supporting scientific and technological innovation and industrial upgrading.

　　Second, promote the deep integration of technological innovation and financial innovation, and realize the coordinated development of technology and finance. On the one hand, adapt to the financial needs of technological innovation and promote technological innovation with financial innovation. The financial system should provide all-round financial services for technological innovation, encourage traditional financial institutions to innovate financial products and services, and support financial institutions to cooperate with technological innovation enterprises to jointly develop innovative financial products and services. On the other hand, accelerate the financial sector to embrace cutting-edge technology and empower financial services with technological innovation. Financial institutions accelerate digital transformation and adopt advanced scientific and technological means, which can improve the efficiency of financial services and provide broader development space for scientific and technological innovation, and use financial and technological means such as data credit enhancement, corporate portrait and technical patent evaluation to broaden financing channels for scientific and technological enterprises.

　　Third, enhance the support and guarantee capacity of technology and finance’s policies and improve the supporting system of technology and finance’s development. In terms of basic guarantee, the foundation of technology and finance’s high-quality development lies in the continuous improvement of relevant supporting infrastructure systems, including technology and finance information platform, science and technology patent database and technology and finance service platform, so as to provide necessary technical support and infrastructure guarantee for the development of technology and finance. Among them, the construction of technology and finance-related credit information system is the key. We should focus on establishing a perfect credit system in technology and finance, including the credit information publicity system of scientific and technological enterprises and the basic database of personal credit information, actively promote the sharing of credit information among financial institutions, credit reporting agencies and public institutions, break down the information barriers, and jointly provide more comprehensive and accurate credit information support for technology and finance. The government pays attention to providing a series of support policies, such as financial support, tax incentives and credit support, to increase the training and introduction of talents in technology and finance.

　　Fourth, improve the level of risk management and supervision in technology and finance to ensure the healthy and sustainable development of technology and finance. First, strengthen the risk management capabilities of financial institutions. Financial institutions should not only adapt to the development trend of technology and finance, clarify the risk management objectives and strategies, strengthen risk identification, evaluation and control, and ensure that the business risks in technology and finance can be controlled, but also strengthen the monitoring and early warning of the business in technology and finance, so as to find and deal with potential risks in time and prevent the risk from spreading and spreading while accelerating the construction of the risk firewall system. Actively promote the application of scientific and technological innovation in risk management, empower the development of technology and finance with financial scientific and technological innovation, and improve the efficiency and accuracy of risk management. Secondly, increase support for science and technology insurance and guarantee, encourage and support insurance companies and guarantee institutions to carry out science and technology insurance and guarantee business, and provide risk protection for science and technology innovation enterprises. Finally, constantly improve the supervision system in technology and finance, establish supervision rules and standards suitable for the development of technology and finance, ensure the effectiveness and fairness of supervision, coordinate development and safety, and form a joint force of government guidance, market operation and social participation to jointly promote the healthy and sustainable development of technology and finance.

　　Guangming Daily (11th edition, December 19th, 2023)