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Former China Securities Regulatory Commission Chairman Xiao Gang Calls for Enhancing Government-Guided Funds' Roles
2025-01-11
At the 29th (2025) China Capital Market Forum on January 11, Xiao Gang, the former chairman of the China Securities Regulatory Commission, underscored the importance of bolstering the functions of government-guided funds. He proposed leveraging financial resources to channel social capital into technological innovation and strategic emerging industries. Xiao Gang emphasized the necessity of clarifying the objectives of these funds, establishing a scientific and fair evaluation system alongside a fault-tolerant mechanism, strengthening fund management capabilities, and vigorously fostering corporate venture capital.
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