The internship fund is a product of implementing the State Council's "Nine National Articles" to support the development of small and micro enterprises, broadening financing channels for small and micro enterprises, special financial bonds for small and micro enterprises, and regional optimal financing plans for small and medium-sized enterprises.

At the same time, it has changed the pattern of relying entirely on credit enhancement institutions to support the credit level of direct debt financing for SMEs. By giving full play to the organization and coordination role of the government, the organic combination of government guidance and market mechanism has been realized, the overall credit line of the direct debt financing market has been expanded, and the direct financing funds have been ensured to flow to industries and industries supported by local governments, thus realizing the long-term sustainable development of direct debt financing for small and medium-sized enterprises.