To establish and improve Beijing's intellectual property pledge financing cost-sharing and risk compensation mechanism, and take the lead in piloting the Zhongguancun Demonstration Zone to increase further the scale of Beijing's intellectual property pledge financing, reduce the overall financing costs of enterprises, and improve the intellectual property as for the pledge financing service guarantee system, the Zhongguancun Management Committee issued the "Measures for Establishing and Implementing Zhongguancun's Intellectual Property Pledge Financing Cost Sharing and Risk Compensation Mechanism."

According to reports, the policy support objects are firstly technology-based small, medium and micro enterprises with an annual income of 200 million yuan or more minor, belongs to Beijing's high and advanced industry, with core technologies or independent intellectual property rights; second, banks, guarantees, insurance, and intellectual property professional institutions that provide intellectual property pledge financing for the above-mentioned enterprises.

The policy mainly includes four aspects:

The first is to increase the support for the interest subsidy of intellectual property pledge financing for technology-based small, medium and micro-enterprises.

The second is to establish a market-based risk-sharing mechanism for intellectual property pledge financing involving multiple parties.

The third is to implement an intellectual property pledge financing business risk and credit management system.

The fourth is to carry out the disposal and recovery of non-performing intellectual property pledge financing assets.