Finance is the bloodline of the real economy, and it is always the mission and purpose of finance to serve the real economy. At present, given the inadequate capacity of China's financial system to support the real economy, in particular, tech startups, we need to vigorously develop direct financing and deepen the financial supply-side structural reform. In addition, as the COVID-19 outbreak has exposed the vulnerability of industrial and supply chains, it is imperative for us to improve financial services to strengthen the resilience and self-reliance of industrial and supply chains. What international experience can we draw to better support the real economy and tech startups through finance? How to further increase the proportion of direct financing in China to better respond to the trend of technology innovation? How to promote self-reliance of industrial and supply chains through financial innovation?

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