The private economy plays an important role in developing new quality productive forces, stabilizing growth, increasing employment, improving people's livelihoods, and is an indispensable backbone in promoting high-quality economic development. The financial sector is duty bound to support the development of private enterprises. Recently, financial departments in multiple regions have held meetings related to financial support for the high-quality development of private enterprises, focusing on optimizing credit resource allocation, expanding financing channels, and improving service quality and efficiency, providing financial assistance for the high-quality development of the private economy. For example, on March 18, the People's Bank of China Chongqing Branch, Chongqing Federation of Industry and Commerce, Chongqing Municipal Party Committee Finance Office and other eight departments jointly organized a forum on financial support for high-quality development of private enterprises in Chongqing. The meeting requires all financial institutions to scientifically formulate annual service targets for the private economy, optimize the allocation of credit resources, focus on key areas such as technological innovation, the "33618" modern manufacturing cluster system, and productive service industries, and continue to increase investment in credit resources for the private economy. The meeting also requested to fully leverage the financing function of bonds, actively reserve private enterprise bond projects, increase bond underwriting and investment efforts, support more private enterprises to issue bonds for financing, and broaden financing channels. Make good use of equity financing methods, implement the "Thousand Mile Horse" action for enterprise listing, support high-quality private enterprises' domestic and international listing financing, mergers and acquisitions of private listed companies, and refinancing. On March 13, the People's Bank of China Hunan Branch, Hunan Federation of Industry and Commerce, Hunan Provincial Party Committee Finance Office and other departments jointly organized a forum on financial support for high-quality development of private enterprises in Hunan Province. The meeting clearly stated that we should make good use of the "three arrows" of credit, bonds, and equity, further increase the financing supply of private enterprises, and broaden financing channels. Implement a comprehensive package of stock and incremental financial support policies, and increase credit allocation to private enterprises. We should fully leverage the financing function of bonds, increase bond underwriting and investment efforts, and actively support more enterprises to issue bonds for financing. Make good use of equity financing models to support the development and growth of start-up private enterprises. Further enhance the convenience of cross-border financing and serve enterprises' "going global". We need to continuously improve the financial service capabilities of private enterprises, deepen visits to banks and enterprises for financing, optimize and improve credit management mechanisms, and promote a steady and moderate reduction in comprehensive financing costs. On March 5th, a special conference on financial support for high-quality development of private enterprises in Guizhou Province was held in Guiyang. The meeting requires all departments and units to strengthen collaboration and coordination, establish a normalized communication and coordination mechanism, enhance information sharing and policy coordination, and build a communication and docking platform between financial institutions and private enterprises. Guide financial institutions to treat all types of enterprises equally, implement policies such as due diligence exemption, non repaying loans, and regulatory evaluation, promote the deepening and implementation of financing coordination mechanisms to support small and micro enterprises, continue to guide banking institutions to increase credit support for private enterprises, and gradually increase the proportion of private enterprise loans in various loans. The local financial departments have held intensive meetings and deployed a series of policy measures to better support the development of private enterprises Liang Si, a researcher at the Research Institute of Bank of China, told Securities Daily reporters that private enterprises should seize development opportunities from multiple dimensions, actively connect with financial institutions in terms of financing, and reasonably use financing methods such as credit, bonds, and equity based on their own development stage and funding needs to broaden financing channels and reduce financing costs; At the innovation level, increase R&D investment, leverage policy support and financial assistance, accelerate technological innovation and product upgrading, enhance core competitiveness, actively engage in emerging industries, and expand business boundaries; At the management level, continuously improve the corporate governance structure, standardize financial systems, strengthen risk control, and enhance operational transparency and management efficiency. (New Society)