According to the Economic Voice's China Central Radio and Finance Review, Premier Li Keqiang presided over a State Council executive meeting yesterday to determine measures for financial support to enhance industrial efficiency and upgrade, and to strengthen the foundation of the real economy; Decided to promote the integrated development of Made in China 2025 and Internet plus. Industry is the muscle of the economy, and finance is the bloodline that strengthens the muscles. The State Council has launched multiple measures this time - the first to connect the two branches of "Ren Du". "Ren Mai" leads to high-tech, guiding financial institutions to increase credit support for high-tech enterprises, major technological equipment, and industrial infrastructure projects; "Du Mai" leads to traditional production capacity, encourages fundraising through mergers and acquisitions loans, issuance of preferred shares and convertible bonds to carry out mergers and acquisitions, and promotes the transformation of traditional production capacity; Another strategy is to block the "blood vessels leading to tumors" and resolutely compress and withdraw relevant loans for enterprises and backward production capacity that have suffered long-term losses, lost solvency, or failed to meet environmental and safety production standards and have no hope of rectification; Another trick is to "expand blood vessels" - broaden financing channels and encourage the expansion of direct financing such as equity and bonds. Finally, we will take medication to reduce blood pressure, continue to rectify the disorderly charging of financial services, and support banks in accelerating the disposal of non-performing loans.

The meeting pointed out that the implementation of Made in China 2025 is also an important part of deepening supply side structural reform. We must make a breakthrough in the "Made in China+Internet" as soon as possible to achieve the goal of "Made in China" moving towards the middle and high-end. The conference deployed five measures to promote digitization, networking, and intelligent manufacturing.