2. The investment-loan linkage mechanism piloted in Shanghai

Three commercial banks, including the Bank of Shanghai, are selected as pilot banks for trials of an investment-loan linkage mechanism to help technology companies. [Photo/Pudong Times]

In April, the Zhangjiang National Innovation Demonstration Zone and three commercial banks -- the Bank of Shanghai Bank, Huarui Bank and SPD Silicon Valley Bank -- were selected as pilots for trials of an investment-loan linkage mechanism. The mechanism aims to give small and medium-sized technology companies easier access to financial services which would help their development.