For a long time, the state attaches great importance to scientific and technological innovation, and enterprises are the main body of innovation. Compared with the traditional dividends with diminishing marginal effects such as land, capital and labor, technological elements have become the engine for enterprises to establish sustainable competitive advantages and tap potential opportunities. Since the beginning of this year, in order to stimulate the vitality of economic development, the state and local governments have successively introduced a number of policies and measures to promote enterprise innovation. With the promotion and implementation of various policies, the financial pressure of enterprises has been effectively alleviated, enterprises in various industries are not afraid of the complex external environment, the confidence of enterprises in innovation has doubled, and the R&D investment of enterprises has shown an upward trend.
In order to promote comprehensive and sustainable economic and social development, it is necessary to continue to ensure the precision and continuous development of multi-dimensional policies. Policy support should be increased in talent training, financial service system, fiscal and taxation system, etc., to optimize the internal and external environment for enterprise innovation, and to stimulate enterprise innovation behavior.
Strengthen the cultivation of innovative talents, provide a steady stream of strength to promote enterprise innovation, and enhance the innovation ability of enterprises. Innovative talents are the core elements to promote enterprise innovation. In August this year, the General Office of the Communist Party of China issued the "Several Measures for Further Strengthening the Training and Use of Young Scientific and Technological Talents", which attaches great importance to the construction of a contingent of young scientific and technological talents. For example, due to the overall shortage of innovative talents and the low level of R&D activities in Suzhou, the city has promoted special actions for talents, continuously improved the level of talent services, strengthened various incentive mechanisms, and created a "reservoir" of innovative talents. All localities should adapt measures to local conditions, fully understand the needs of local innovative talents, formulate and implement talent introduction policies, and better carry out talent cultivation and introduction services. It is necessary to hold regular forums on talent innovation and development to promote talent exchanges and cooperation.
Improve the financial service system, broaden the financing channels of enterprises, and reduce the constraints on innovative financing of enterprises. Enterprise innovation often requires a large amount of capital, and financial services are an important part of innovation. With the help of emerging technologies such as big data, artificial intelligence, and the Internet of Things, we will strengthen the construction of digital inclusive finance in various regions, improve the efficiency of financial services, and optimize the allocation of financial resources. Optimize the business environment, establish a first-class financing guarantee platform, and actively play the role of a "bridge" between enterprises and financial institutions, reduce the worries of banks, and reduce the credit cost of enterprises. Optimize the policy environment for venture capital, establish and improve incentive and restraint mechanisms for venture capital, and encourage venture capital to play a role in innovation. Strengthen supervision of the financial market, vigorously crack down on illegal financial activities, and ensure the precise allocation of funds in key areas.
Optimize and implement the fiscal and taxation system to boost the innovation vitality of enterprises. Expand the coverage of additional deductions for R&D expenses, implement preferential tax policies in all aspects of innovation, and continue to enrich and improve various preferential tax policies that encourage enterprises to innovate. Strengthen the publicity and interpretation of preferential tax policies, and regularly organize free policy training. Take the lead in building a financial sharing platform for R&D related to the tax system, strengthen the daily management of R&D projects by enterprises, and avoid being unable to enjoy tax incentives due to non-compliance. Combine demand-oriented and result-oriented, screen outstanding innovative projects, and improve the efficiency of subsidies. Supervise the issuance and use of subsidies, make special funds, and formulate corresponding punishment measures for non-compliant use. (East China Jiaotong University: Du Lihui).