170 trillion yuan! This is the total amount of new funds provided by China's banking and insurance industries to the real economy through various means such as credit, bonds, and equity in the past five years. During the 14th Five Year Plan period, a continuous stream of financial "live water" flowed into the fertile ground of the real economy, continuously stimulating the vitality of the Chinese economy. Irrigation is abundant and effective, and growth is vigorous and powerful. From the perspective of financial aggregate, China's social financing scale has exceeded 430 trillion yuan, the broad money (M2) balance has exceeded 330 trillion yuan, and the RMB loan balance has exceeded 270 trillion yuan... In the past five years, the financial aggregate has grown reasonably, and stable and sustained financial support has enabled China's economy to achieve a historic leap. From the perspective of financial structure, the growth rate of loans in the "five major articles" of finance accounts for about 70%, and the balance of infrastructure loans has increased by 62% compared to the end of the 13th Five Year Plan, providing sufficient funds for 102 major engineering projects in the 14th Five Year Plan... In the past five years, more financial resources have been invested in major strategic areas, key areas, and weak links of the national economy, promoting a virtuous cycle between finance and the real economy. A set of financial data trends reflects the highlights of economic development during the 14th Five Year Plan period: the "scientific content" of finance is becoming increasingly high - during the 14th Five Year Plan period, the average annual growth rate of loans for high-tech enterprises and technology-based small and medium-sized enterprises exceeded 20%, and the average annual growth rate of scientific research and technology loans was as high as 27.2%; In recent years, more than 90% of newly listed companies are technology companies or companies with relatively high technological content. Currently, the A-share technology sector accounts for over 1/4 of the market value. The sense of achievement in finance continues to improve - during the 14th Five Year Plan period, the number of inclusive small and micro credit accounts exceeded 60 million, covering about one-third of the operating entities; At the end of June, the balance of loans for inclusive small and micro enterprises reached 36 trillion yuan, which is 2.3 times that of the end of the 13th Five Year Plan period; At the end of August, the loan approval rate for innovative small and medium-sized enterprises increased to 66%, with the loan approval rate for "specialized, refined, unique, and new" small and medium-sized enterprises reaching 72.3%. Finance continues to boost consumption - since the 14th Five Year Plan, the loan balance of consumer service industries such as wholesale and retail, accommodation and catering has increased by 80%; At the end of August, the balance of loans in key areas of service consumption in China reached 2.78 trillion yuan, a year-on-year increase of 5.12%. Under the precise irrigation of financial "living water", major projects are advancing vigorously, small and micro enterprises are growing vigorously, innovation and entrepreneurship are surging, and the vitality of the consumer market is bursting, outlining a vivid picture of high-quality development of the real economy. Nowadays, the total assets of China's banking and insurance industries exceed 500 trillion yuan, and the size of its stock and bond markets ranks second in the world. The foundation for addressing various challenges is stronger, more resilient, and more confident, which has also raised people's expectations for financial services: higher quality, more sustainable, and warmer. On the new journey, the efficiency of financial services continues to improve, and the "live water" of finance accelerates its flow, constantly injecting vitality and energy into the fertile soil of the Chinese economy. (New Society)