The effectiveness of capital market reforms is evident as various funds cast their votes of confidence

The total market value of the A-share market has surpassed one trillion yuan, the normalization of the steady market mechanism is continuously improving, the effectiveness of serving the real economy has significantly increased, and the doors to external openness are becoming wider... Since the beginning of this year, the pace of comprehensive deepening reform in the capital market has accelerated, balancing internal reforms and external openness. The market vitality stimulated by policy dividends is gradually being transmitted to every corner of the capital market, with various funds competing to cast their votes of confidence. The urgency of technological transformation is increasing, making it inevitable to cultivate a fertile ground for scientific and technological innovation through reform. Since the beginning of the year, the global economic landscape has been reshaped, trade frictions have frequently occurred, and technological breakthroughs represented by DeepSeek have demonstrated the necessity of continuously accelerating reform and innovation. "Technological innovation" has become the key to high-quality economic development in China and an essential part of the deepening reform of the capital market. How to smooth the channels between financial capital and scientific and technological innovation elements, and how to find a "Chinese path" that supports the integrated development of technological innovation and industrial innovation, has become a must-answer question for the capital market