At the ongoing National Two Sessions, how to innovate service models and further advance financial services for technology is one of the key issues drawing attention from delegates and members. Recent policy deployments and industry practices indicate that China's system for technology-oriented financial services is rapidly improving. Moving beyond a narrow focus on individual enterprise financing, a macro-level perspective reveals that sustained innovation in technology finance holds at least three dimensions of profound significance. First, it guides the reorganization of factors of production, accelerating the optimization of the macroeconomic structure. As the core of the modern economy, the flow of capital is closely linked to the development trajectory of industries. For decades, traditional drivers such as investment, exports, and factor inputs supported China's rapid economic growth. However, emerging technology sectors, which represent the future, often feature characteristics like light assets, heavy R&D investment, long cycles, and high risk, demanding more sophisticated financial services. Innovative financial services for technology essentially represent a cross-cycle reallocation of capital. Through products like intellectual property pledges and R&D loans, the financial system redirects credit resources previously tied up in traditional, low-efficiency sectors toward strategic emerging industries with high technological barriers and high added value. As a continuous flow of financial capital is converted into R&D investment for technology firms, the proportion of high-tech industries within the national economy rises. This structural adjustment of capital is the most direct force driving the macroeconomy's transition from factor-driven to innovation-led growth, enabling high-quality development. Second, it reshapes risk pricing, systematically enhancing the overall efficiency of the financial system. The core of finance lies in risk pricing and resource allocation. Traditional financial service models have, to some extent, constrained the efficiency of resource allocation when dealing with technology companies. Deepening innovation in technology finance involves a fundamental upgrade of financial logic. On one hand, it pushes financial institutions to revamp their risk assessment models, transforming intangible data assets and core technologies into quantifiable credit instruments, allowing the "technology content" to be accurately priced. On the other hand, innovation fosters deeper collaboration within multi-tiered capital markets, connecting various financial tools—from early-stage angel and venture capital, to mid-stage technology credit support, and later-stage IPOs and M&A—into an accelerated, cohesive sequence. This "relay-style" financial service systematically improves the efficiency of financial resource allocation. Third, it removes bottlenecks, strengthening the global competitiveness and security resilience of industrial chains. Currently, mastery over frontier technologies and secure, controllable industrial and supply chains have become focal points of global industrial competition. Core technologies cannot be bought; they must be developed through intensive, independent innovation. Innovative financial services for technology call for more "patient capital" and "long-term capital" that can accompany companies through entire cycles. Using tools like industrial guidance funds and innovative technology bills, financial capital can be precisely directed to critical "chokepoint" areas within industrial chains, supporting core enterprises in breaking through key technologies. At a deeper level, finance acts as a powerful adhesive; through innovative models like supply chain finance, it effectively links specialized, sophisticated, and niche small and medium-sized enterprises across the upstream and downstream, fostering deep integration of innovation chains, industrial chains, capital chains, and talent chains. As financial resources continuously nurture and mature frontier industrial clusters, weaknesses within China's industrial chains will be addressed more rapidly. In summary, innovating financial services for technology is a systemic transformation encompassing institutional design, product supply, risk sharing, and ecosystem development. The anticipation is for more targeted and inclusive new policies in technology finance to take root, enabling finance to truly become a core engine driving innovation.