It is reported that in order to deepen the implementation of the innovation driven development strategy and better leverage the role of the government financing guarantee system, the Ministry of Finance plans to implement the Science and Technology Innovation Special Guarantee Plan in 2024. By improving the risk sharing and compensation capacity of the national financing guarantee fund for science and technology innovation small and medium-sized enterprises, banks and government financing guarantee institutions at all levels will be guided to strengthen financing support for science and technology innovation small and medium-sized enterprises, leverage more financial resources to invest in the field of science and technology innovation, and provide strong support for achieving high-level scientific and technological self-reliance, accelerating the formation of new productive forces, and promoting high-quality economic development. It is understood that in order to better play the role of fiscal functions and provide greater support for technological innovation, the Ministry of Finance will continue to prioritize science and technology as a key area of fiscal expenditure in 2024, and allocate a central level science and technology budget of 370.83 billion yuan, an increase of 10% from the previous year. At the same time, we will strengthen the coordination of scientific and technological tasks and funding, adjust and optimize expenditure structures, highlight support priorities, strengthen performance management, and improve the efficiency of scientific and technological investment. One is to increase investment in basic research, applied basic research, and cutting-edge research. In 2024, the central government will allocate 98 billion yuan in basic research expenditure, an increase of 13.1%, to support the improvement of original innovation capabilities. The second is to support the acceleration of the implementation of national science and technology major projects, fully guarantee the victory of key core technology battles, support the layout and implementation of a number of national science and technology major projects, and accelerate the capture of technological high ground. The third is to support the strengthening of national strategic scientific and technological forces, strengthen stable support for national strategic scientific and technological forces such as national laboratories, research institutions, and high-level research universities, and focus on supporting the cultivation and cultivation of more strategic scientists, first-class scientific and technological leaders, innovation teams, and young scientific and technological talents. According to the Ministry of Finance, from January to April this year, various regions issued special bonds worth 716.4 billion yuan for project construction within the pre issued new debt limit, mainly for municipal construction and industrial park infrastructure, social undertakings, transportation infrastructure, affordable housing projects, agriculture, forestry, and water conservancy, and other key areas determined by the Party Central Committee and the State Council. This has promoted the implementation of a large number of projects that benefit people's livelihoods, fill gaps, and strengthen weak areas, playing an important role in driving the expansion of effective investment and maintaining stable economic operation. (Lai Xin She)