The General Office of the State Council recently issued the "Guiding Opinions on Promoting the High-Quality Development of Government Investment Funds." Promote the integration and optimization of Funds. In principle, the same government should not repeat the establishment of government investment Funds in the same Industry or field, but Funds can focus on the same project collection and provide continuous support according to market principles. Where there are many similar Funds established and clear overlaps in investment fields, encourage the integration and reorganization of Funds while ensuring the legitimate rights and interests of operating entities and maintaining market order, enhancing scale effects, and better serving policy goals. For Funds that have slow fundraising and investment progress or are not obviously effective due to a lack of industrial foundation, resource endowments, etc., promote their active improvement of efficiency by optimizing investment directions.