The General Office of the State Council recently issued the “Guiding Opinions on Promoting High-Quality Development of Government Investment Funds”. Improve the differentiated management mechanism for different types of funds. For venture capital funds, it is possible to appropriately increase the government investment ratio, relax fund life requirements, and extend the fund performance evaluation cycle. For industrial investment funds, management requirements should be reasonably set according to the type, stage, and distribution characteristics of the industry, and support priorities should be highlighted.

The General Office of the State Council recently issued the “Guiding Opinions on Promoting High-Quality Development of Government Investment Funds”. Improve the differentiated management mechanism for different types of funds. For venture capital funds, it is possible to appropriately increase the government investment ratio, relax fund life requirements, and extend the fund performance evaluation cycle. For industrial investment funds, management requirements should be reasonably set according to the type, stage, and distribution characteristics of the industry, and support priorities should be highlighted.