Core Insights - The "14th Five-Year Plan" period has seen significant achievements in China's financial sector, with comprehensive reforms and enhancements in the financial system [2] Financial Sector Developments - Financial institutions, markets, and product systems have become more robust and competitive during the "14th Five-Year Plan" [2] - The banking and insurance sectors provided an additional 170 trillion yuan to the real economy over the past five years [2] - Loans for scientific research and technology, as well as medium to long-term loans for the manufacturing sector, have seen an average annual growth of over 20% [2] Capital Market Growth - A multi-layered equity market with reasonable structure and complementary functions has been steadily developed [2] - Total financing through stock and bond markets reached 57.5 trillion yuan in the past five years, with the proportion of direct financing increasing by 2.8 percentage points to 31.6% compared to the end of the "13th Five-Year Plan" [2] - The capital market has seen an increase in the inclusion of technology-focused companies [2] International Financial Stability - The international balance of payments has become more stable, with foreign exchange reserves consistently above 3 trillion USD [2] - These reserves have played a crucial role as a stabilizer and ballast for the national economy and finance [2]