Financial precision helps high-quality economic development.

　　Cctv news(News Network): Since the beginning of this year, under the guidance of the macro-policy of cross-cycle adjustment, China’s financial institutions have continuously increased their support for small and medium-sized micro-and technology-based enterprises, and reasonable and abundant liquidity funds have strongly supported the high-quality economic development.

　　In the first half of the year, finance accurately supported key areas and weak links such as small and micro enterprises and manufacturing. At the end of June, the balance of China’s inclusive small and micro loans was 17.7 trillion yuan, a year-on-year increase of 31%; The balance of medium and long-term loans in manufacturing industry increased by 41.6% year-on-year, which was 24.8 percentage points higher than the growth rate of medium and long-term loans in all industries.

　　Not only that, financial support for technological innovation and high-quality development has increased. By the end of June, the loan balance of small and medium-sized science and technology enterprises was 2.86 trillion yuan, a year-on-year increase of 19.96%. A total of 398,000 key enterprise banks have been established nationwide, and financial institutions have issued loans totaling 7 trillion yuan to 180,000 enterprises, which has driven nearly 30 million people to obtain employment.

　　Hunan, a national high-tech enterprise with 16 utility model patents and 2 invention patents, has an annual operating income of tens of millions of yuan. Due to the increase in orders this year, it is in urgent need of replenishing working capital.

　　Supporting innovative enterprises requires innovative financial policies. The bank cooperates with many intellectual property agencies to collect scientific and technological innovation data of high-tech enterprises, so that intellectual property rights can be changed from light paper to heavy credit.

　　Not only that, the People’s Bank of China has also creatively added two monetary policy tools that go directly to the real economy: on the one hand, it uses the central bank’s funds to encourage banks to "delay" small and micro loans, and on the other hand, it greatly increases the supply of credit loans. By the end of June, the national banking financial institutions had postponed the loan principal and interest of 11.8 trillion yuan, and issued a total of 6.9 trillion yuan of inclusive micro-credit loans.

　　In the second half of the year, a prudent monetary policy will continue to focus on supporting the real economy and guide financial institutions to increase their support for small and micro enterprises, agriculture, rural areas and farmers, manufacturing and other key areas and weak links.