The People's Bank of China recently held the 2023 Financial Market Working Conference and proposed to improve the policy instruments and mechanisms to support inclusive small and micro enterprises, green development, scientific and technological innovation, and precisely strengthen financial support in key areas and weak links. At the same time, the People's Bank of China recently issued a notice to continue to implement three structural monetary policy tools, including carbon emission reduction support tools. Since last year, structural monetary policy tools have played an important role in stabilizing the macroeconomic market and supporting the real economy. Looking forward to this year, the structural monetary policy tools will be "focused, reasonable and appropriate, with progress and retreat", and some new tools are also under study. At the beginning of the Spring Festival, the five upgraded tunnel kiln production lines in the intelligent production workshop of Fujian Huaxia Jingang Technology Co., Ltd. are operating at full speed, presenting a new atmosphere. "With the support of China Construction Bank's preferential loan funds, we are rushing to catch up with orders with full power to make a good start," said Mr. Lin, the head of the enterprise. Fujian Huaxia Jingang Technology Co., Ltd. is specialized in research and development and production of ultra-heat-resistant ceramic products and ultra-heat-resistant far-infrared ceramic products, and has been rated as the "specialized and new" enterprise in Fujian Province. "To help science and technology enterprises, we should not only provide timely financial support, but also try to help enterprises save financing costs." Qiu Shibin, deputy general manager of the Inclusive Financial Business Department of CCB Fujian Branch, said that according to relevant policies, the company met the conditions for the People's Bank of China's technology innovation refinancing, and the Dehua Sub-branch of CCB Fujian Branch took the initiative to communicate with each other, and quickly completed the investigation, review and approval work, Timely provide 10 million yuan of working capital loans with preferential interest rate, help enterprises solve the cash flow problems of technology upgrading and expansion of production, and save nearly 400000 yuan of financing costs for enterprises in one year. By the end of 2022, there have been 15 structural monetary policy instruments implemented and to be implemented, with a balance of about 6.4 trillion yuan. In the view of insiders, since 2022, China's structural monetary policy has actively done a good job of "addition", created a variety of tools according to the time and situation, and the frequency of use has increased significantly, which has played an important role in stabilizing the macroeconomic market and supporting the real economy. "The structural monetary policy tool has established an incentive mechanism, linking the central bank's funds with the credit of financial institutions in specific fields and industries, and giving full play to the unique advantages of precise drip irrigation of the real economy, thus supporting the weak links of the economy and the areas most in need of development," said Sheng Songcheng, professor of economics and finance at the Central European International Business School. Precise drip irrigation plays a significant role in crowding. Multiple data show that through precise drip irrigation and leverage of structural monetary policy tools, more sufficient financial support has been obtained in many fields, including science and technology innovation, small and micro enterprises. In terms of phased tools, the People's Bank of China Fuzhou Central Sub-branch uses carbon emission reduction support tools, supports the clean and efficient use of coal refinancing, scientific and technological innovation refinancing, and transportation logistics refinancing to guide financial institutions to issue