As the New Year celebration is over, the Chinese government, businesses and individuals have begun to set the year's consumption and investment plans, and the corresponding financing needs will gradually be revealed. However, the 205 trillion renminbi debt of China's non-financial sector is forming a great pressure on this year's financial market situation and financing environment. Anbound research team believes that in the macroeconomic policy, the sound neutral monetary policy may show the tendency to be tightened-up, which will increase difficulties for corporate finance. In specific industries such as real estate, China is implementing the directional financing restriction policy, and certain enterprises will face high-cost financing difficulties. China's financing structural environment that emphasizes on virtual platform will continue to affect the surviving space of some businesses. All these factors show that businesses this year will be facing unoptimistic financing environments from both inside and outside China.