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Live Updates  >  Live Update Details

2025-07-30 10:57:53

[National Development and Reform Commission: Encourages the consolidation and restructuring of government investment funds that do not meet relevant requirements] The National Development and Reform Commission is publicly soliciting opinions on the "Guidelines for the Layout Planning and Investment Direction of Government Investment Funds" and the "Measures for Strengthening the Guidance, Evaluation and Management of the Investment Direction of Government Investment Funds." The "Guidelines for the Layout Planning and Investment Direction of Government Investment Funds (Draft for Public Comment)" propose that government investment funds established before the issuance of these guidelines whose investment areas do not meet the requirements of these guidelines, as well as those with numerous similar funds in the same region and significant overlap in investment areas, should, in principle, be withdrawn in an orderly manner upon expiration of their term. At the same time, the consolidation and restructuring of relevant funds are encouraged, while safeguarding the legitimate rights and interests of operating entities and maintaining market order.

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