On May 22, 2026, the State Council Information Office held a special press conference. The State Administration of Financial Supervision announced that it is jointly compiling a special policy document for the high-quality development of sci-tech insurance with the Ministry of Science and Technology. The new policy focuses on core technology enterprises and specialized, refined, unique, and innovative small and medium-sized enterprises. It aims to optimize the sci-tech insurance service system, give full play to the functions of insurance risk compensation, risk reduction, and capital leverage, and solve the core difficulties of innovative enterprises, including high R&D risks, difficult financing, and insufficient risk guarantee mechanisms. For a long time, technological innovation faces high uncertainty and failure risks in the R&D stage, making it difficult for many emerging tech enterprises to obtain effective financial support. The upgraded sci-tech insurance policy will launch targeted insurance products covering technical failure, intellectual property risk, and project operation risk, effectively reducing the operational pressure of innovative enterprises. In addition, the policy will guide insurance institutions to increase capital investment in strategic emerging industries such as semiconductors, artificial intelligence, and high-end equipment manufacturing. It will build a full-cycle risk protection system covering enterprise R&D, trial production, and market promotion. Industry analysts said that the improvement of sci-tech insurance is a key measure to integrate finance and technology. It can effectively stabilize the innovation confidence of enterprises, accelerate the transformation of scientific and technological achievements, and provide strong financial risk guarantee support for China’s technological self-reliance and industrial upgrading.