[Shanghai: Encourage large, medium and small banking and insurance institutions to provide full life cycle and full chain financial services to technology-based enterprises] On September 14th, the Shanghai Financial Supervision Bureau issued the "Opinions on Promoting the Quality and Efficiency Improvement of Technology Finance in Shanghai's Banking and Insurance Industry". It is proposed to build a multi-level and three-dimensional science and technology financial service system. Encourage large, medium and small banking and insurance institutions to give full play to their respective advantages, strengthen industry research, delve into subdivided industries, and build a multi-layered and three-dimensional product and service system. Taking technology life cycle and enterprise life cycle as the main lines, we provide full life cycle and full chain financial services for technology-based enterprises. Support the capital needs for the transformation of key node results of start-up companies, enrich the multi-channel financing models of growth-stage companies, meet the financial needs of industrial transformation of mature-stage companies, and help technology-based companies at different stages increase R&D investment.