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flag China launches 20 measures to strengthen sci-tech insurance, boosting innovation in AI, semiconductors, and quantum tech.

flag China has unveiled 20 measures to boost its sci-tech insurance system, aiming to support national innovation and technological self-reliance. flag Issued by four key agencies, the guidelines focus on risk-sharing for major tech breakthroughs, support for small and medium-sized tech enterprises, and improved insurance products and claims processes. flag In 2025, sci-tech insurance provided about 8 trillion yuan ($1.16 trillion) in coverage, with premiums up 44% year-on-year. flag The initiative targets strategic fields like AI, semiconductors, and quantum technology, expanding access for startups and innovation hubs across major regions.

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