金融服务实体经济质效齐升 积极助力高质量发展

Core Viewpoint - The financial sector in China has significantly improved its ability and quality of service to the real economy during the "14th Five-Year Plan" period, contributing to high-quality development [1][2][4] Financial Achievements - As of June 2023, China's banking industry total assets reached nearly 470 trillion yuan, ranking first in the world, with stock and bond market sizes ranking second globally [1] - Over the past five years, the banking and insurance sectors have provided an additional 170 trillion yuan in funding to the real economy, with annual growth rates of 27.2% for scientific research loans, 21.7% for manufacturing long-term loans, and 10.1% for infrastructure loans [2] Support for Innovation and Technology - The financial system has focused on supporting the financing needs of technology enterprises at different life cycle stages, with over 90% of newly listed companies being technology-related [2] - The market capitalization of the A-share technology sector exceeds 25%, significantly higher than the combined market capitalization of banking, non-banking financial, and real estate sectors [2] Internationalization and Market Openness - China has signed bilateral currency swap agreements with 32 countries and regions, expanding the coverage of RMB clearing banks and promoting the development of the offshore RMB market [3] - As of July 2023, foreign institutions and individuals held over 10 trillion yuan in domestic stocks, bonds, and deposits, with the issuance of panda bonds exceeding 1 trillion yuan [2][3] Risk Management and Financial Stability - The financial sector has made significant progress in preventing and mitigating financial risks, including a substantial reduction in the number of high-risk institutions and assets [3] - By June 2023, the number of financing platforms had decreased by over 60%, and the scale of financial debt had dropped by more than 50% compared to the beginning of the year [3] Future Outlook - The financial sector aims to continue enhancing service quality and efficiency while promoting high-level openness and the internationalization of the RMB, laying a solid foundation for high-quality development in the "15th Five-Year Plan" [4]