China has introduced 20 targeted measures across six key areas to strengthen sci-tech insurance and support high-level self-reliance in technology. The guidelines, jointly issued by the Ministry of Science and Technology, National Financial Regulatory Administration, Ministry of Industry and Information Technology, and China National Intellectual Property Administration, focus on major national scientific missions, technology-based SMEs, and frontier sectors like AI, quantum computing, and brain-computer interfaces.
The initiative aims to provide flexible insurance solutions such as “use first, pay later” commercialization models, expand coverage for emerging technologies, and improve product development, underwriting, and claims services. It also establishes a clear framework addressing what, how, and who to insure, making sci-tech insurance a stabilizing tool for high-investment innovation projects.
China’s insurance sector had already provided over 10 trillion yuan ($1.39 trillion) in risk coverage for technological research and commercialization by September 2025. The new measures are expected to enhance the flow of funds into tech innovation, foster venture investment, and ensure sustainable long-term support for the growth of China’s innovation ecosystem.
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