Meeting the needs of start-up companies, the government-guided fund is becoming more "patient".

Recently, many regions have launched "long endurance" guided funds to extend the duration of government guided funds. Market participants believe that there is a trend of extending the duration of local government guided funds, which will better cater to the investment needs of innovative enterprises. The formation of patient capital and long-term ecological support is expected to lay a solid foundation for the development of future industries with long investment cycles and high technological barriers.