Qingdao releases action plan for fund development, building a 300 billion yuan fund matrix.

At the 2025 Qingdao Venture Capital Conference held on September 26, Qingdao officially released the "Action Plan for Promoting High-quality Development by Leveraging the Leading Role of Funds", constructing a "3+N" government-guided fund system consisting of venture capital funds, industrial investment funds, and key project coordination funds to attract social capital in building a fund matrix of no less than 300 billion yuan. Accelerate the exit of government-guided funds, concentrate funds to support the development of science and technology enterprises, establish a government-guided fund due diligence exemption mechanism, with a government-guided fund default rate of up to 100%. According to the action plan, Qingdao has set clear development goals: striving to reach a total investment size of 150 billion yuan for government-guided funds by 2027, with the scale of funds from city-owned enterprises exceeding 100 billion yuan, and the amount of investment in Qingdao projects by various venture capital institutions exceeding 100 billion yuan.