党的二十大报告系统总结了过去五年的工作和新时代十年的伟大变革，为全面建设社会主义现代化国家新征程，向第二个百年奋斗目标进军把舵定向，并告诫全党同志必须牢记“三个务必”，团结带领全党全军全国各族人民，全力推进社会主义现代化建设。从七届二中全会上提出的“两个务必”升华到二十大提出的“三个务必”，一脉相承，与时俱进，体现了中国共产党在百年未有之大变局的世界局势下，奋力实现中华民族伟大复习路上的历史主动性。“三个务必”在继承“两个务必”核心要义的继承上做出了新发展，内涵更加丰富，体现了在新形式下，管党治党的新要求，彰显了百年大党在面临时代变化的历史主动。中国共产党的历史主动由历史自觉、历史清醒和政治警惕三部分构成。党的历史自觉是对自身性质、社会发展状况以及未来的深刻认识；党的历史清醒是对使命任务、勇于自我革命、坚持走自己的路的清醒认识；党的历史警惕是对国际形势、科技创新和政治生态的主动把握。

At present, the average profit rate and physical return on investment of China's industrial enterprises have declined, and the financialization level of manufacturing enterprises has increased significantly. At the same time, economic policy uncertainty is prominent, as an important macro environment, economic policy uncertainty will have an impact on the investment and financing environment and corporate risks of enterprises, and then affect the investment and financing decisions of enterprises. The report of the 20th National Congress pointed out that we should insist on the focus of economic development on the real economy, manufacturing is the lifeblood of China's real economic development, is the basis of the entire Chinese economic development, and the financialization of manufacturing enterprises will weaken the R & D and innovation investment of enterprises, which is not conducive to China's manufacturing to high-quality development, so the study of the impact and role of economic policy uncertainty on the financialization of manufacturing enterprises and the channel, to guide the overall economic stability, healthy development, to achieve the goal of high-quality economic development is of great significance. This paper finds that economic policy uncertainty promotes the financialization level of manufacturing enterprises by increasing the risk of term mismatch of manufacturing enterprises.