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Weng Jieming: Proposes the Creation of Technology-Driven State-Owned Capital Management Firms
23 hour ago /
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Author：小编
At the 11th (Autumn) Central Enterprise Investment and Development Summit, Weng Jieming, a standing committee member of the National People's Congress, put forth the idea of unlocking the potential of high-quality equity currently held by investors in state-owned enterprises. He emphasized that such equity should be characterized by stable cash flows. His proposal involves utilizing this equity to establish technology-focused state-owned capital management firms. These firms would harness the dividend income generated from the existing equity to secure financial support for high-risk, early-stage investments in emerging industries of the future.
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