Recently, the General Office of the State Council issued the "Guiding Opinions on Promoting the High-Quality Development of Government Investment Funds." It aims to improve the differentiated management mechanism for different types of Funds. For venture capital Funds, it is possible to appropriately increase the government's investment proportion, relax the requirements for the fund's duration, and extend the performance evaluation period of the fund. For industrial investment Funds, management requirements should be reasonably set based on the characteristics of the industry type, stage, and distribution, highlighting key support.
国办:对创业投资类基金 可适当提高政府出资比例、放宽基金存续期要求、延长基金绩效评价周期
The State Council Office: For venture capital Funds, it is possible to appropriately increase the government's investment proportion, relax the requirements for the fund's duration, and extend the performance evaluation period of the fund.
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