Optimization of the Risk Compensation Policy for "Kedai Tong" Science and Technology Loan Program in Jiangxi Province

DOI: https://doi.org/10.62517/jmsd.202512216

Author(s)

Jiayu Wang*

Affiliation(s)

School of Economics and Management, Jiangxi Normal University, Nanchang, China *Corresponding Author

Abstract

Science and technology-based small and medium-sized enterprises (SMEs) are an important force in achieving high-quality economic development. In recent years, Jiangxi Province has implemented the “Kedai Tong” (Science and Technology Loan Program) Risk Compensation Policy and actively utilized innovative science and technology financial products to effectively address the difficulties faced by sci-tech SMEs, such as high financing costs and narrow financing channels. However, the current policy has not yet fully exerted its positive economic effects. There are still a series of problems, including insufficient policy precision, pressure on the operation and risk control of banking institutions, and execution difficulties for local science and technology departments. It is necessary to further optimize the policy operation mechanism by improving enterprise conditions, strengthening the support of system platforms, perfecting the provincial and municipal linkage mechanism, and promoting collaborative management between the government and banks. At the same time, the high-quality development of sci-tech SMEs should be empowered by strengthening enterprise service support through measures such as enhancing investment and financing docking services and establishing an information consulting system.

Keywords

Science and Technology-Based SMEs; Technology Finance; Kedai Tong; Risk Compensation; Policy Optimization

References

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