Today, Zheng Zhanjie, director of the National Development and Reform Commission, revealed at the press conference on the economic theme of the National Two Sessions that the country is promoting the establishment of a "aircraft carrier-level" national venture capital guidance fund. What kind of big moves are brewing behind the brand new fund? How to accelerate the incubation of more unicorn and gazelle companies?
What does this fund mainly do?
In a nutshell, the National Venture Capital Guidance Fund mainly guides financial capital to invest early, small, long-term, and hard technology.
How big is the "aircraft carrier-class"?
The National Venture Capital Guidance Fund will attract and drive nearly 1 trillion yuan of local and social capital.
What innovative companies will be favored?
Focus on cutting-edge fields such as artificial intelligence, quantum technology, hydrogen energy storage, etc., invest in seed and start-up enterprises through market-oriented methods, appropriately take into account early, medium and medium-term small and micro enterprises, support original and disruptive technological innovation and key core technologies, and cultivate and develop strategic emerging industries and future industries.
The biomanufacturing, embodied intelligence, 6G mentioned in this year's government work report are also in the investment field.
How long can you accompany an innovative enterprise?
The fund's duration reaches 20 years, which means it is longer than that of ordinary equity investment funds.
A relevant person in charge of the National Development and Reform Commission said that the newly established National Venture Capital Guidance Fund will effectively solve the problem of capital shortage generally faced by science and technology enterprises in the early stages of the development of science and technology innovation, better play the important role of venture capital in supporting scientific and technological innovation, promote the transformation of major scientific and technological achievements into real productivity, accelerate the realization of high-level scientific and technological self-reliance, and cultivate and develop new quality productivity.
(CCTV reporters Liu Ying, Wu Hao, Ding Yanni, Liu Baixuan)
