Monetary policy is one of the important levers of macroeconomic policy. Since the beginning of this year, a prudent monetary policy has been implemented with precision and sustained efforts, providing a favorable monetary and financial environment for the overall recovery of China's economy. In this issue, we will focus on the important role of a prudent monetary policy in promoting high-quality development, and gather consensus and strength to further promote economic recovery. ——To better serve the major strategic needs of editors, Wu Qiuyu decided earlier this year to continue implementing carbon reduction support tools in order to continue supporting the goals of "peaking carbon emissions and achieving carbon neutrality". As of the end of June this year, support for financial institutions to issue carbon reduction loans exceeded 750 billion yuan, driving annual carbon reduction emissions to exceed 150 million tons of carbon dioxide equivalent. The financial industry is playing an increasingly important role in serving major national strategies. High quality and sustainable economic growth requires a favorable monetary and financial environment. Since the beginning of this year, China's financial system has implemented a prudent monetary policy, focused on major national strategic needs, continuously deepened the supply side structural reform of finance, and continuously improved the quality and efficiency of financial services. From supporting the high-quality development of the Yangtze River Economic Belt to serving the construction of the Guangdong Hong Kong Macao Greater Bay Area, from helping to achieve the "dual carbon" goals to promoting major projects such as transportation and water conservancy, a continuous stream of "financial vitality" has played an important supporting role. Practice has proven that fully leveraging the effectiveness of monetary and credit policies is not only beneficial for expanding domestic demand, stabilizing investment, and stabilizing the overall market, but also helps to promote high-quality economic development. The recently held Central Financial Work Conference proposed to "focus on creating a good monetary and financial environment, and effectively strengthen high-quality financial services for major strategies, key areas, and weak links." Taking national major strategies and major needs as the driving force, we will strengthen coordination and cooperation with fiscal, industrial and other policies, and monetary policy will continue to play a greater role. The foundation of the financial industry is to enable finance to effectively serve the real economy. Since the beginning of this year, China has comprehensively utilized various monetary policy tools, focusing on maintaining reasonable and sufficient liquidity, and better meeting the effective financing needs of the real economy. Ten million policies, the first one to be implemented. Collaborating with relevant government departments to carry out policy preaching activities can not only help enterprises gain a more comprehensive and in-depth understanding of national policies, but also help financial institutions effectively grasp the needs of enterprises and provide more targeted assistance to alleviate their difficulties. We found during our visits and research that technology-based enterprises in the growth stage require a large amount of funds from technology research and development to application of results, and market development, but often lack mortgaged assets. In response to this, we have innovatively launched the "Jiaoxiang Science and Technology Innovation Loan", which uses factors such as research and development investment and intellectual property value as the criteria for determining the loan amount. At present, we have provided credit exceeding 4 billion yuan to more than 60 technology-based enterprises. Enterprises of different industries and scales have different needs for finance at different stages of development. Understanding the situation and connecting services are necessary to connect the "last mile" of financial vitality into the real economy. Seamless integration between banks and enterprises is an important part of the efficient implementation of monetary policy. Innovating financial products, optimizing business processes, strengthening technological empowerment, and providing more efficient and convenient financing channels will undoubtedly enhance financial services