The Wuhan Municipal People's Government issued the “Notice on a Series of Measures to Promote the Deep Integration of Scientific and Technological Innovation and Industrial Innovation”. In terms of promoting the development of the private equity investment industry, by 2028, the number of registered funds in the city will reach more than 1,500, and the scale of fund management will increase by more than 20% every year, and the total scale will reach 300 billion yuan. All industrial departments are encouraged to inject special funds into state-owned enterprises to carry out fund investments through “transfer and investment” methods. The government investment ratio in venture capital funds can be increased to 50% or more, and the life period can be extended to 15-20 years. Actively managed seed funds and angel funds are given 80% and 60% loss tolerance, while direct investment in seed funds and angel fund projects allow 100% loss.

The Wuhan Municipal People's Government issued the “Notice on a Series of Measures to Promote the Deep Integration of Scientific and Technological Innovation and Industrial Innovation”. In terms of promoting the development of the private equity investment industry, by 2028, the number of registered funds in the city will reach more than 1,500, and the scale of fund management will increase by more than 20% every year, and the total scale will reach 300 billion yuan. All industrial departments are encouraged to inject special funds into state-owned enterprises to carry out fund investments through “transfer and investment” methods. The government investment ratio in venture capital funds can be increased to 50% or more, and the life period can be extended to 15-20 years. Actively managed seed funds and angel funds are given 80% and 60% loss tolerance, while direct investment in seed funds and angel fund projects allow 100% loss.