Chongqing—As the 2025 Chongqing Two Sessions approach, Lin Dan, a member of the Chongqing Municipal Committee of the Chinese People's Political Consultative Conference (CPPCC) and deputy director of the Information Technology Center at Chongqing Technology and Business University, will concentrate on developing intelligent, connected new-energy vehicles.

He plans to submit proposals for expanding Chongqing's automotive industry internationally, including suggestions to improve railway and sea standards, enhance port interconnectivity, and increase subsidies.

"Identifying the problem is key to offering practical suggestions," Lin emphasized. Leveraging his professional expertise and academic experience, he has dedicated significant time and effort to preliminary research for his proposals.

Lin Dan is a member of the Chongqing Municipal Committee of the Chinese People's Political Consultative Conference (CPPCC) and deputy director of the Information Technology Center at Chongqing Technology and Business University. (Photo/Shangyou News)

Last year, Lin proposed using science and technology finance to support Chongqing's specialized businesses. Through surveys, interviews, data analysis, and case studies, he found that while these businesses are innovative and competitive, their ties to science and technology finance remain limited.

In his proposal, Lin divides the existing issues into two main categories: problems within science and technology finance and challenges in using it to support the firms' growth.

Lin took a broad approach, considering both national and global contexts. He analyzed successful experiences from other regions in supporting specialized and innovative enterprises through science and technology finance, using these insights to create a proposal tailored to Chongqing's needs.

Lin pointed to Shanghai as an example, where the city developed a science and technology financial information service platform, set up an expert advisory committee and database, and built a professional team to create a comprehensive network for science and technology financial services.

"This inspired me," Lin said. "In my proposal, I suggested setting up a full lifecycle service chain to support specialized, advanced, and innovative businesses. The goal is to address the needs of enterprises at every stage, harness the power of financial integration and comprehensive services across the industrial chain."

Thanks to the collaborative efforts of various departments, Lin's suggestions have helped many businesses, with Bolaa Network being a prime example. The company received a comprehensive financial services package from the Chongqing Branch of China Zheshang Bank, including a credit line of 20 million yuan (about 2.8 million USD) to address its urgent working capital needs.

With this loan, Bolaa Network will offer a range of services, including digital technology, digital asset management, and AI applications, to support the digital transformation and upgrading of traditional businesses.