National Development and Reform Commission: Entrepreneurial investment funds should focus on developing new productive forces to solve the bottleneck problems in key areas.

date
31/07/2025
The National Development and Reform Commission solicits opinions from the public on the "Plan for the Layout of Government Investment Funds and Guidelines for Investment Direction" and the "Measures for Strengthening the Guidance Evaluation and Management of Government Investment Fund Investment Direction". Government investment funds should focus on increasing high-end production capacity, focusing on industrial technological innovation and key core technology breakthroughs, and promoting the rapid achievement of high-level technological self-reliance. Specifically, industrial investment funds should play a leading role in industry development, focusing on improving the modern industrial system, supporting the transformation and upgrading of traditional industries, fostering the growth of emerging industries, and laying out the future industries; venture capital funds should focus on developing new productive forces, investing in seed and early-stage enterprises through market-oriented approaches, while also considering small and medium-sized enterprises in the early and middle stages, supporting scientific and technological innovation, and addressing key bottleneck problems in key areas.