Chairman Zuo Ding of Deep Innovation Ventures: In the future, China should mainly cultivate emerging industries with RMB funds.

On May 21st, the Chairman of Sinovation Ventures, Chu DIng, stated that in the future, China should focus on nurturing emerging industries with RMB funds as the main source of funding. RMB funds must take on the historical mission of accelerating the cultivation of new technologies, new models, and new formats in the era of artificial intelligence. At the same time, Chinese venture capital should provide ample patient capital for original Chinese creations and continue to invest heavily.