National Development and Reform Commission: Government investment funds should focus on increasing high-end production capacity and concentrate on industrial technological innovation and key core technology breakthroughs.

The National Development and Reform Commission is openly soliciting opinions from the public on the "Government Investment Fund Layout Plan and Investment Work Guidelines" and the "Enhanced Management Measures for Government Investment Fund Investment Guidance Evaluation." The "Government Investment Fund Layout Plan and Investment Work Guidelines" (draft for public consultation) propose to promote government investment funds to support key areas. Government investment funds should focus on increasing high-end production capacity, concentrating on industrial technological innovation and tackling key core technologies, and promoting the acceleration of achieving high-level technological self-reliance. Specifically, industry investment funds should play a leading role in industrial development, focusing on improving the modern industrial system, supporting the transformation and upgrading of traditional industries, cultivating and expanding emerging industries, and laying out and constructing future industries. Entrepreneurial investment funds should focus on the development of new productive forces, investing in seed-stage and early-stage companies through market-based approaches, while also considering early and mid-stage small and medium-sized enterprises, supporting technological innovation, and solving key issues in key areas.