High quality development is the primary task of comprehensively building a socialist modernized country, and providing high-quality services for economic and social development is the rightful duty of the financial industry. Since October, Shanghai, Qingdao, Chongqing and other places have held meetings and deployed new measures to further strengthen the bridge between financial services and the real economy. Taking Shanghai as an example, on October 28th, the 18th Financial Services Real Economy Fair (hereinafter referred to as the "Fair"), which lasted for one month, kicked off. The theme of this exhibition is "Technology Leads Openness and Integration - Shanghai's Financial Industry Helps Develop New Momentum". Through the annual coverage model of "January Online Exhibition+two-day Annual Conference+Annual Industry Finance Connection", it continues to create an ecosystem of financial services for the real economy. The measures introduced by multiple regions can help improve the quality of financial services, guide financial institutions to invest more funds in the real economy, especially in industries and enterprises with development potential but capital shortages, enhance the ability of the real economy to resist risks, and help industrial transformation and upgrading. The fourth quarter is the final stage of striving to achieve the annual economic and social development goals. At this time, deploying financial work to better serve the real economy not only helps to sprint towards the annual economic and social development goals, but also lays a solid foundation for next year's economic development Wang Qing, Chief Macro Analyst of Dongfang Jincheng, stated in an interview with Securities Daily that recently, a package of incremental policies at the national level has been introduced one after another. At this time, local departments taking the initiative can better form a policy synergy effect and effectively boost economic growth momentum in a relatively short period of time. In order to improve the quality and efficiency of financial services for the real economy, new measures introduced by multiple regions in this round emphasize "filling gaps" and "strengthening mechanisms", and focus on addressing issues such as insufficient diversification and imperfect mechanisms in financial services. For example, the Jin Fair will showcase nearly 400 financial products and services; We have launched a series of new themed sections, among which the "Industry Finance Integration" section is open to all physical enterprises, recommending special financial policies, services, and products every week. In October, Chongqing Branch of the People's Bank of China issued the Three Year Action Plan for Chongqing to Do a Good Job in Finance, which further improved the policy linkage and departmental coordination mechanism, deepened the synergy between industry, finance and finance, established a normalized coordination mechanism, and effectively exerted the policy synergy. Zhu Hualei, Senior Investment Advisor at Jufeng Investment Consulting, told Securities Daily reporters that local regulatory authorities attach great importance to the construction and improvement of normalized collaborative mechanisms, which can guide financial resources to better support key economic sectors or industries and stabilize market expectations. China attaches great importance to further improving the quality and efficiency of financial services for the real economy. On January 25th this year, Xiao Yuanqi, Deputy Director of the State Administration of Financial Supervision and Administration, stated at a press conference held by the State Council Information Office that "we will adhere to the fundamental purpose of providing financial services to the real economy" and "increase support for manufacturing, strategic emerging industries, and science and technology innovation industries". With the joint efforts of multiple parties, financial services have achieved significant results in serving the real economy. According to the data released by the People's Bank of China, preliminary statistics show that the stock of social financing scale by the end of June 2024 is 395.11 trillion yuan, up 8.1% year on year. Among them, the balance of RMB loans issued to the real economy was 247.93 trillion yuan, a year-on-year increase of 8.3%. Several interviewed experts stated that in the future, China will strive to promote the formation of a virtuous cycle of "technology industry finance" and further improve the quality and efficiency of financial services for the real economy. Dong Qingma, Vice Dean of the China Institute of Finance at Southwest University of Finance and Economics, told Securities Daily reporters: "Building a virtuous cycle system of 'technology industry finance', fully leveraging the 'adhesive' effect of targeted allocation of financial factors on technology and industry, promoting industry finance synergy and technology finance synergy, will help accelerate the formation of new quality productive forces, enhance national independent innovation capabilities, and provide new momentum for the high-quality development of China's economy." Dong Qingma analyzed that to promote the virtuous cycle of 'technology industry finance', the following aspects of work need to be done well: first, innovating the technology finance service mechanism; The second is to develop multi-level capital markets to support technological innovation; The third is to improve the mechanism of intellectual property financial services. Make good use of big data to comprehensively depict the dual holographic portrait of the current and future development of science and technology innovation enterprises, so that financial institutions can 'see' the present and future. Explore and improve the long-term performance evaluation mechanism of financial institutions, optimize the due diligence exemption mechanism of technology finance business, study and establish a negative list of due diligence exemption, and improve the standards and processes for exemption recognition