Research on the Development Level of Science and Technology Finance in Anhui Province Based on Principal Component Analysis

The purpose of this paper is to study the development level of science and tech-nology finance in 16 prefecture-level cities in Anhui Province in 2021.Firstly,on the basis of the existing data and previous researches, the evaluation indexsys-tem of the development level of science and technology finance was construct-ed. Secondly, the principal component analysis method was used to extract thetwo principal components of innovation and intellectual property index, R&Dinvestment and financial structure index, and the comprehensive score equation was obtained, which comprehensively evaluated the development level of science and technology finance in 16 prefecture-level cities in Anhui Prov-ince. Finally, based on the comprehensive scores of each city, the 16 prefec-ture-level cities were divided into five categories, and it was concluded that the development level of science and technology finance in Hefei and Wuhu was in the leading position in the province, while the development level of science and technology finance in Bozhou, Huainan and Suzhou was relatively backward.