CFIC Introduction
Let us learn these terms in the "Decision of the Central Committee of the Communist Party of China on Further Comprehensively Deepening Reform and Promoting Chinese-style Modernization" adopted by the Third Plenary Session of the 20th Central Committee of the Communist Party of China.
Original title: A little more news | Read these terms in the Decision of the Plenary
Let us learn these terms in the "Decision of the Central Committee of the Communist Party of China on Further Comprehensively Deepening Reform and Promoting Chinese-style Modernization" adopted by the Third Plenary Session of the 20th Central Committee of the Communist Party of China.
【Credit Enhancement System】
The credit enhancement system refers to a professional financial service arrangement that helps creditors disperse and transfer credit risks in order to improve the debt credit rating of financing entities, enhance the level of debt performance guarantees, improve financing availability, reduce financing costs, and help creditors disperse and transfer credit risks in the form of guarantees, insurance, credit derivatives, structured financial products or other effective forms specified in laws, regulations, policies and industry self-discipline normative documents.
【Startup Economy】
The initial launch economy refers to the general term of economic activities such as the release of new products, the launch of new formats, new models, new services, new technologies, and the opening of the first store, covering the whole process of chain development of enterprises from the first release and exhibition of products or services to the first opening of stores, the first establishment of R&D centers, and then to the establishment of corporate headquarters. The first economy has the characteristics of fashion, quality and trendiness, which is an economic form that meets the trend of consumption upgrading and the requirements of high-quality development, and is an important embodiment of the commercial vitality, consumption strength, innovation ability, international competitiveness, brand image and openness of a region.
[Punitive damages]
Punitive damages refer to additional damages in civil legal relations that exceed the scope of the actual loss. According to the provisions of the Civil Code of the People's Republic of China, punitive damages are mainly applicable to infringement cases, such as intellectual property infringement, product defect infringement, environmental pollution infringement, etc., and generally require that the infringer has subjective malice, intention or fraud, and has committed illegal acts and caused serious consequences. Laws such as the Food Safety Law of the Mainland have special provisions on punitive damages. Improving the punitive damages system, further clarifying the applicable rules, appropriately expanding the scope of application and increasing the amount of compensation are conducive to encouraging market entities to use legal weapons to protect their legitimate rights and interests, punishing infringers and warning others, and better maintaining market order and fair competition.
【Future Industry】
The future industry is a forward-looking emerging industry driven by cutting-edge technology, which is currently in the stage of gestation and germination or the early stage of industrialization, and has significant strategic, leading, disruptive and uncertain prospects. The future industry represents the direction of a new round of scientific and technological revolution and industrial transformation, is the most active force for economic growth, is expected to cultivate and develop into a leading pillar industry, and is an important position for the formation of new quality productivity. Major countries in the world are stepping up their layout, developing future industries, and seizing the commanding heights of development. Focusing on future manufacturing, future information, future materials, future energy, future space and future health, the mainland vigorously develops future industries such as artificial intelligence, brain-like intelligence, quantum technology, atomic-level manufacturing, biomanufacturing, humanoid robots, low-altitude economy, and hydrogen energy, which is a strategic choice to firmly grasp the initiative of future development.
【Digital Intelligence Technology】
Digital intelligence technology is the organic integration of digitalization and intelligence, which can be understood as "digitalization + intelligence", which is the process of integrating and applying intelligent technologies such as machine learning and artificial intelligence on the basis of digitalization. Digital intelligence is a distinctive feature of new industrialization and an important way to form new quality productivity. It is an important direction for the transformation and upgrading of the manufacturing industry to promote the construction of smart factories, future factories and "lighthouse factories" through "artificial intelligence + industrial manufacturing" and "artificial intelligence + generative design", and to promote the realization of digital intelligence in the manufacturing industry.
【Angel Investment】
Angel investment refers to an investor's early-stage investment in a small start-up or innovative project with cutting-edge technology or innovative ideas, products or business models that have not yet been proven, are still in the seed stage but have great potential for development, and is usually the first external equity investment received by the enterprise or project. Enterprises or projects at this stage are often still in their infancy, or even have only a prototype product or business plan, and are far from a stable revenue stream or mature product. These investors are called "angels" because they provide financial support at the very beginning of the enterprise or project, often need to take higher risks, and usually empower the growth of the enterprise or project in terms of strategy and management. Angel investment is an important part of the innovation ecosystem, plays a unique role in promoting innovation, entrepreneurship and creativity, and is an important financing arrangement for the early development of disruptive and original technology industries.
Source: Xinhua News Agency
WeChat editor: Wang Ziqing
Introduction to "Risk Warning· Financial Edition
Finance is the lifeblood of the modern economy, and financial stability leads to economic stability. Financial security is related to the overall development of national and regional enterprises, and it is necessary to maintain a high degree of vigilance against financial risks at all times, enhance the awareness of risk prevention, respond scientifically, and prevent them from occurring. Under the guidance of government authorities, relying on the advanced big data public opinion monitoring system and a professional analyst team, the "Risk Early Warning · Financial Edition" produced by China Financial Information Center summarizes, analyzes, and judges the risk public opinion in different fields and categories of the financial industry, and provides authoritative, professional, practical, timely and effective financial risk public opinion monitoring, research and judgment, early warning and response suggestions for financial regulatory departments, factor markets, financial institutions, listed companies, industry associations, various enterprises, colleges and universities, research institutions, etc. 18,000 per year, once a week, released every Friday.
Latest Report:
【July 2024 Issue 3】Issue 135: Ping An Bank's "disguised layoffs" turmoil
【2024 July 2nd Issue】Total No. 134: The Central Bank Makes a Move, Where Will the "Debt Cow" Go?
【2024 July No.1】No.133 in total: FOF fund decline has come?