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The General Office of the Guangdong Provincial People's Government has recently unveiled the "Action Plan for Advancing High-Quality Venture Capital Development in Guangdong Province." This plan aims to bolster investments from national funds, including the National Emerging Industry Venture Capital Guidance Fund, the National Small and Medium-sized Enterprise Development Fund, and the National Guidance Fund for the Transformation of Scientific and Technological Achievements. It also promotes the establishment of sub-funds within Guangdong and the execution of direct investments. Furthermore, the plan actively encourages governments at all levels and state-owned enterprises across the province to engage with these national funds, thereby fostering the sustained high-quality growth of venture capital in Guangdong.
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