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国务院常务会议:按照市场化、法治化、专业化原则规范运作政府投资基金

State Council executive meeting: Standardize the operation of government investment Funds according to the principles of marketization, rule of law, and professionalism.

Breakings ·  Dec 16 19:18

Li Qiang presided over the State Council executive meeting, which studied policies and measures to promote the high-quality development of government investment funds. It was pointed out that a scientific and efficient management system should be built, and the government investment funds should be operated in accordance with market-oriented, legal, and professional principles to better serve the overall situation of national development. There should be a development and growth of long-term capital and patient capital, and the differentiated management mechanism of different types of funds should be improved. A responsibility mechanism that matches rights and responsibilities and has compatible incentives and constraints should be established, creating a good atmosphere that encourages innovation and tolerates failure. (CCTV News)

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