Researchers Li Gang, Liu Jianghua, and Zhou Benzhe (R-L) talk about the operational standing of the all-superconducting magnet on the ultra-low temperature excessive magnetic area quantum oscillation experimental station of the Institute of Physics of the Chinese Academy of Sciences in Beijing, capital of China, on Jan. 26, 2026. (Xinhua/Jin Liwang)
BEIJING, March 2 (Xinhua) — China on Monday made public new guidelines to speed up the high-quality development of sci-tech insurance, amongst broader efforts to strengthen technological self-reliance.
The doc, which was issued by the Ministry of Science and Technology, the National Financial Regulatory Administration, the Ministry of Industry and Information Technology, and the China National Intellectual Property Administration, units out 20 measures throughout six areas, aiming to construct a sci-tech insurance system that’s higher aligned with technological innovation.
The nation’s sci-tech insurance has performed a stabilizing position in offsetting the excessive prices, lengthy development cycles and elevated dangers related to technological innovation. In 2025, it offered about 8 trillion yuan (about 1.16 trillion U.S. {dollars}) in danger protection, with premiums rising 44 p.c yr on yr.
The new guidelines name for improved risk-sharing mechanisms for main technological breakthroughs, in addition to strengthened insurance help for nationwide strategic technological forces.
For tech-focused small and medium-sized enterprises, insurers are inspired to provide easier, extra inexpensive merchandise with better ease of entry and handy claims processes.
(Web editor: Zhang Kaiwei, Zhong Wenxing)