In October 2023, the Central Financial Work Conference officially  established the overall tone of "promoting high-quality development of  China's finance" and "accelerating the construction of a financial  powerhouse". The meeting called for "finance to provide high-quality  services for economic and social development", "optimizing the structure  of funding supply, and using more financial resources to promote  technological innovation, advanced manufacturing, green development, and small and medium-sized enterprises". Specifically, in terms of  deepening capital market reform and financial institution construction, it  is mentioned that "optimizing financing structure, better leveraging the  hub function of the capital market, promoting the deepening and  implementation of the stock issuance and registration system, and  developing diversified equity financing", "improving institutional  positioning, supporting the optimization and strengthening of large  state-owned financial institutions, serving as the main force of the real  economy and the ballast stone of maintaining financial stability", and  other requirements. Based on the current difficulties, high costs, and slow  financing faced by small and micro enterprises and technology-based  enterprises, this article draws on the practical experience of countries  with more developed financial systems in supporting small and micro and  technology-based enterprises, and proposes corresponding measures  from four levels: national policies, banking, insurance, and capital markets.