The General Office of the State Council recently issued the “Guiding Opinions on Promoting High-Quality Development of Government Investment Funds”. Optimize how funds are invested. Newly established government investment funds can be invested in the form of parent and child funds or direct investment projects, and venture capital funds are encouraged to adopt the parent and child fund method. In principle, sub-funds invest in direct investment projects to control fund levels and prevent multiple layers of nesting from affecting the achievement of policy goals.

The General Office of the State Council recently issued the “Guiding Opinions on Promoting High-Quality Development of Government Investment Funds”. Optimize how funds are invested. Newly established government investment funds can be invested in the form of parent and child funds or direct investment projects, and venture capital funds are encouraged to adopt the parent and child fund method. In principle, sub-funds invest in direct investment projects to control fund levels and prevent multiple layers of nesting from affecting the achievement of policy goals.