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2025-07-30 10:42:20

[National Development and Reform Commission: Venture capital funds should focus on developing new-quality productivity to solve the "bottleneck" problems in key areas] The "Guidelines for the Layout Planning and Investment Direction of Government Investment Funds (Draft for Public Comment)" proposes to stipulate that government investment funds should focus on increasing the supply of high-end production capacity, focusing on industrial technological innovation and key core technology research, and promoting the accelerated realization of high-level scientific and technological self-reliance. Among them, industrial investment funds should play a leading role in industrial development, focusing on improving the modern industrial system, supporting the transformation and upgrading of traditional industries, cultivating and strengthening emerging industries, and laying out the construction of future industries; venture capital funds should focus on developing new-quality productivity, invest in seed-stage and start-up companies through market-oriented methods, take into account early and mid-stage small and medium-sized enterprises, support scientific and technological innovation, and solve the "bottleneck" problems in key areas.

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