The government should increase financial support for the graphene industry

On July 6, the 2017 World Graphite Innovation Conference was held in Changzhou. The annual report on the development of graphene in China for 2016-2017(hereinafter referred to as "the annual report"), released by China economic information agency during the conference, believes that the government should increase financial support for the development, production and application of graphene products.

In the past five years, the government at all levels has invested no more than 2 billion yuan, of which 1 billion yuan is mainly invested in basic research, and other sources of funding mainly rely on private investment, but the total number does not exceed 3 billion yuan, said Fengguanping, honorary dean of the Jiangnan Graphite Research Institute. This investment intensity is not enough for the development, application and industrialization of a new type of material, not to mention it is a strategic emerging material.

The "Annual Report" believes that the funding support for the graphene industry at the national level is mainly invested in universities and scientific research institutions, and there is a lack of financial support for companies. In the field of new and high technology, because of the large amount of capital invested, the long industrial cycle, and the unclear profit model, in the absence of state capital investment, enterprises are more willing to directly adopt existing technologies because of their own risks. Do not dare to invest too much in technology research and development and production of new products. At present, although some enterprises in China can produce graphene thin films and application products in some fields, the production of terminal products is a systematic project that requires national capital investment, overall planning and comprehensive layout.

The "Annual Report" believes that in terms of investment targets, the government should increase its investment in graphenes-related companies and provide projects subsidies for companies. National R&D projects can be tilted to enterprises and ensure that the proportion of enterprises in the winning bidder is guaranteed.

The "Annual Report" believes that in terms of financial support, the government should actively explore the government's first-purchase and procurement policies for new products of the graphene series, and give priority to the first purchase or purchase of new products produced by downstream application companies that meet the conditions for government procurement requirements. Demonstration led to the use of graphene new products throughout the society. The state should set up a major science and technology project for graphene, launch a special action plan for the development of graphene industry, and further increase support for graphene technological innovation. We will put in place as soon as possible follow-up subsidies and incentive policies, such as the establishment of incentive funds to reward enterprises and R&D personnel who have made contributions in key technological fields, so as to give full impetus to enterprises and the market. We will vigorously develop financial products and services that meet the characteristics of the graphene industry, support new types of financial industry such as angel investment, science and technology branches, science and technology insurance, and science and technology small loans, and formulate and improve policies such as risk compensation and fund support. Implement the insurance compensation mechanism for the first(set) major technical equipment and promote the promotion and application of the first batch of graphene. China can carry out global mergers and acquisitions in order to realize the layout of graphene technology in the wider world.

The page contains the contents of the machine translation.