Quotable quotes from 11th Lujiazui Forum 2019

chinadaily.com.cn | Updated: 2019-06-17 06:40

Myron Scholes, winner of the Nobel Memorial Prize in Economic Sciences

Myron Scholes, winner of the Nobel Memorial Prize in Economic Sciences, is pictured during the 11th Lujiazui Forum 2019 in Shanghai, June 13, 2019. [Photo/IC]

From the launch of the science and technology innovation board, we see China's reform and innovation, especially the financial innovation and technological innovation, again. In order to become a technological innovation-oriented country, China must strengthen market financing of scientific and technological enterprises, especially solving the problem of effective domestic financing for them.

China's financial institutions should speed up their development from scale to miniaturization and individualization. With the continuous development of China, we need to develop more personalized services and products. In the early stage of entrepreneurship, most of the science and technology enterprises have insufficient returns, but they will have great value in the future. So we must find out how to effectively meet their capital needs.

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