The Propensity of the Market-Oriented Finance Service Scheme towards Powering AOIs: A Cross-Border Outlook under B&R Initiative

This paper is concerned with the finance service scheme of STPs and other AOIs to encourage the development of SMEs in china and abroad. The Chinese AOIs has introduced many market-oriented finance service schemes after the implementation of the Belt & Road Initiative and Mass Entrepreneurship and Innovation Strategy to power entrepreneurial activities in AOIs. This essay is going to analyze the role of public support for SMEs and start-ups in China and the development tendency of the financing pattern in the context of other framework conditions for innovation. China

attempts to remodel itself towards an innovation-driven economy, therefore, different types of SMEs in the Chinese AOIs access public funding for R&D and innovation activities to varying degrees.