The General Office of the People's Government of Inner Mongolia Autonomous Region recently issued the “Inner Mongolia Autonomous Region Action Plan to Accelerate the High-Quality Development of the Biomantry Industry”. Among them, innovative financial support measures are proposed. Give full play to the leading role of the autonomous region's fund to cultivate key industries, set up investment sub-funds for the biological manufacturing industry, operate according to a market-based approach, focus on start-up and growth stage enterprises in the fields of strain selection, enzyme preparations, biomedicine, bio-based materials, bioenergy, etc., actively seek support from relevant national industry funds, and guide social capital to participate in shares. Supporting support is provided for major national projects and key R&D projects undertaken by biological manufacturing enterprises in accordance with regulations. Bio-manufacturing enterprises that are eligible for listing are provided with listing counseling services as needed, and banking financial institutions are encouraged to develop financial products such as intellectual property pledge loans, order financing, accounts receivable pledge loans, etc., and support eligible enterprises to issue corporate bonds and green bonds.

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