Ninety percent of Shenzhen's state-owned assets funds are invested in the "20+8" industries.

Shenzhen has built a state-owned asset fund system that covers the entire life cycle of enterprises, with over 500 funds targeting strategic emerging industry clusters and future industry funds accounting for over 90%. It has formed a state-owned venture capital system with specialized platforms, social capital coordination, and clear policy orientation. As a city of innovation, Shenzhen is also one of the birthplaces of the domestic venture capital industry, with a strong foundation in the venture capital industry. As of last year, there were approximately 1,500 private equity and venture capital fund management institutions in the city, managing funds worth 1.4 trillion yuan, accounting for about one-tenth of the total national volume. The venture capital ecosystem with deep integration of industry, academia, and research is becoming increasingly mature. (Shenzhen Press Release)