On August 5, the 21st Century “High Quality Development of State-owned Enterprises and Government Investment Funds” closed session and the licensing ceremony for new members of the Greater Bay Area Cultural Investment Alliance were held at the Southern Finance and Economics Building. Yang Dong, deputy general manager of the Investment Guidance Fund of the Shaanxi Provincial Government, shared local practical experience on the issue of adapting state-owned assets preservation and value-added requirements with the long cycle and high risk attributes of early investment in science and innovation. According to reports, the next phase of the Shaanxi Provincial Government Investment Guidance Fund will focus on collaboration between the fund and CVC industrial capital. CVC fund managers with industrial entity backgrounds can collaborate with provincial government-guided funds to achieve a win-win situation between industrial implementation and capital appreciation.

On August 5, the 21st Century “High Quality Development of State-owned Enterprises and Government Investment Funds” closed session and the licensing ceremony for new members of the Greater Bay Area Cultural Investment Alliance were held at the Southern Finance and Economics Building. Yang Dong, deputy general manager of the Investment Guidance Fund of the Shaanxi Provincial Government, shared local practical experience on the issue of adapting state-owned assets preservation and value-added requirements with the long cycle and high risk attributes of early investment in science and innovation. According to reports, the next phase of the Shaanxi Provincial Government Investment Guidance Fund will focus on collaboration between the fund and CVC industrial capital. CVC fund managers with industrial entity backgrounds can collaborate with provincial government-guided funds to achieve a win-win situation between industrial implementation and capital appreciation.