In an era marked by rapid technological breakthroughs, finance is no longer just about funding — it's about fueling innovation. Tian Xuan, dean of the National Institute of Financial Research at Tsinghua University, shared these insights in a recent interview with CGTN.
Driving Sci-Tech Innovation with Direct Financing
Tian emphasized the importance of expanding direct financing channels to connect capital more efficiently with startups and research-driven ventures. 'By streamlining the process for equity investments and venture capital, we can reduce bottlenecks and accelerate the path from lab to market,' he noted.
Fostering Patient Capital
'Innovation takes time,' Tian said, highlighting the need for 'patient capital' that stays invested through the long development cycles typical of advanced technologies. This approach helps startups focus on breakthroughs rather than short-term returns.
Improving Market Mechanisms
He also called for better market mechanisms to support private enterprises and the emergence of new quality productive forces. Tian believes that a robust financial ecosystem — aligned with government policies — can unleash the next wave of global tech leaders.
As young global citizens and entrepreneurs seek fresh perspectives on sustainable growth, Tian's roadmap offers a clear starting point: leverage finance as a strategic partner in the journey of sci-tech innovation.
Reference(s):
cgtn.com
