Core Viewpoint - The article highlights the significant achievements of China's financial sector during the "14th Five-Year Plan" period, emphasizing the enhancement of financial services to the real economy, deepening financial reforms, and improving international competitiveness [1][2][4]. Financial Achievements - As of June 2023, China's banking sector total assets reached nearly 470 trillion yuan, ranking first globally, with stock and bond market sizes ranking second [1]. - Over the past five years, the banking and insurance sectors 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 medium- and long-term loans, and 10.1% for infrastructure loans [2]. Support for Innovation and SMEs - The financial system has focused on supporting technological innovation, with over 90% of newly listed companies being technology-related. The market capitalization of the A-share technology sector exceeds 25% [2]. - The balance of inclusive loans for small and micro enterprises reached 36 trillion yuan, 2.3 times that of the end of the "13th Five-Year Plan" [2]. Financial Market Opening and Internationalization - The "14th Five-Year Plan" period saw further deepening of reforms and opening up in the financial sector, with high-level institutional opening of capital markets and steady progress in the internationalization of the renminbi [2][3]. - By the end of July 2023, foreign institutions and individuals held over 10 trillion yuan in domestic stocks, bonds, and deposits, with panda bond issuance exceeding 1 trillion yuan [2][3]. Risk Management and Financial Stability - The period was crucial for transforming old and new growth drivers, with significant achievements in preventing and mitigating financial risks, including a 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 over 50% compared to the beginning of the year [3]. Future Outlook - The financial sector aims to continue enhancing service quality and efficiency, supporting the real economy and technological innovation, while promoting high-level opening and the internationalization of the renminbi to lay a solid foundation for high-quality development in the "15th Five-Year Plan" [4].