Generally speaking, in the early stage of sci-tech innovation, it is more suitable to use direct finance to support it, such as venture fund. But when innovation achievements are produced on a massive scale, indirect finance, such as bank financing, is more suitable. These two relationships must match each other.The report of the 19th CPC National Congress proposed that we should build a modern industrial system which takes the development of real economy as the goal, with the coordinated development of sci-tech innovation, modern finance, and human resources. In early 2018, general secretary Xi Jinping pointed out at the group study session of the Political Bureau of the CPC Central Committee that we should make the real economy grow steadily, increase the contribution share of sci-tech innovation in the development of the real economy, enhance the ability of finance serving the real economy, and optimize the role of human resources supporting the real economy continuously. This article bases on the relationships between real economy, sci-tech innovation, modern finance, and human resources, and fully analyzes the connotations, targets, and requirements of constructing the modern industrial system led by innovation and coordinated development.
