On January 20, 2026, Yu Hong, the Director-General of the Financial Department at the Ministry of Finance, announced at a press conference hosted by the State Council Information Office that proactive steps will be taken to bolster the quality enhancement and upgrading of pivotal industries. Additionally, there will be a heightened emphasis on fostering fiscal-financial synergy to champion scientific and technological innovation. Among the concrete actions planned are the provision of financial discounts on loans specifically tailored for scientific and technological innovation. Concurrently, the central bank will extend reloan support to catalyze technological advancements within the manufacturing sector, as well as to facilitate the digital transformation of small and medium-sized enterprises (SMEs). These initiatives are poised to expedite the transition towards intelligent, eco-friendly, and integrated development models, thereby solidifying and fortifying the bedrock of the real economy.