National Development and Reform Commission: In areas requiring long-term planning, it is better to utilize funds as long-term and patient capital, playing a role in cross-cycle and countercyclical regulation.
The National Development and Reform Commission has publicly solicited opinions from the society on the "Government Investment Fund Layout Plan and Investment Guidelines" and the "Measures for Strengthening the Guiding Evaluation and Management of Government Investment Funds." The "Measures for Strengthening the Guiding Evaluation and Management of Government Investment Funds" propose to highlight the positioning of the funds, promote the better combination of the effective market and proactive government. Based on fully leveraging the decisive role of the market in resource allocation, government investment funds emphasize government guidance and policy positioning, focus on policy objectives, effectively support major strategies, key areas, and weak links where the market cannot play a sufficient role, attract and drive more social capital, support the construction of a modern industrial system, accelerate the cultivation of new productive forces, promote the deep integration of technology innovation and industrial innovation. In areas requiring long-term planning, the funds will better play the role of long-term capital and patient capital in cross-cycle and countercyclical adjustment, enhancing investment continuity.
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