China will set up venture capital guidance fund fo

China will set up an emerging industry venture capital guidance fund to help entrepreneurship and innovation and industrial upgrading

China will set up a national emerging industry venture capital guidance fund to help entrepreneurship and innovation and industrial upgrading; We will accelerate the development of trade in services and expand development space through structural optimization. At the executive meeting of the State Council held on January 14, it was decided to establish a national venture capital guidance fund for emerging industries and deploy to accelerate the development of trade in services. This is an important decision and deployment for China to actively adapt to the new normal of economic development, which will inject new impetus into sustainable economic development. The executive meeting of the State Council held on January 14 decided to establish a national venture capital guidance fund for emerging industries to help entrepreneurship and innovation and industrial upgrading; We will accelerate the development of trade in services and expand development space through structural optimization

this is an important decision and deployment for China to actively adapt to the new normal of economic development. The precise implementation of this set of policies will not only cultivate more new growth points for China's economy, but also become an important starting point for changing mode and adjusting structure

at present, China's development has entered a new normal. On the one hand, many industries in the domestic market are facing a huge test of supply capacity significantly exceeding demand, and resources and energy are under great pressure; In the international market, these industries are in the middle and low-end of the international industrial division. Metal rubber materials will not suddenly break and fail like solid metal materials, and lack sufficient market competitiveness. On the other hand, China also has a large number of new growth points to be explored in emerging industries, service trade and other fields. These fields have great development potential, but they have not yet become a new driving force to improve the quality and efficiency of economic development

the executive meeting of the State Council made it clear that a national venture capital guidance fund for emerging industries with a total scale of 40billion yuan will be established to focus on supporting the early and medium-term innovative enterprises that have stumbled

compared with the huge scale of venture capital in emerging industries and the huge market space contained, the capital scale of 40 billion yuan is small, but it is of great significance for promoting the integration of technology and market, the docking of innovation and industry, incubating and cultivating future oriented emerging industries, and helping entrepreneurship, innovation and industrial upgrading

at present, China has a large number of investment opportunities in infrastructure interconnection and some new technologies, new products, new formats and new business models. However, entrepreneurs who export 793000 tons of these emerging industries need venture capital as a strong backup to break through bottlenecks in technology, business models, brands and other aspects in their early exploration. Without the necessary financial support, the entrepreneurial path will be more thorny

the establishment of national venture capital guidance fund is not only conducive to accelerating the industrialization of emerging products and technologies, turning innovative achievements into real industrial activities, helping more emerging industry enterprises realize their entrepreneurial dreams, and making new business forms and new industries new growth points. More importantly, by encouraging and guiding the rational flow of innovation factors, it is conducive to promoting the gradual transformation of more industries from medium and low-end to medium and high-end, and promoting the optimization and upgrading of traditional industries

the executive meeting of the State Council made it clear that we should expand the scale and develop service trade such as transportation and construction; We should optimize the structure and develop high-tech and high value-added service outsourcing; We should innovate the mode and use new technologies such as big data and IOT to create a new network platform for service trade; We should promote opening-up and open up the financial, educational, cultural, medical and other fields in an orderly manner

the decision-making and deployment points out the direction for the further development of China's service trade. More importantly, the vigorous development of service trade will bring about the rapid development of China's logistics industry, high-tech industry, finance and other fields, gradually shift the driving force of economic development from traditional growth points to new growth points, and shift the mode of economic development from extensive growth of scale and speed to intensive growth of quality and efficiency. While further promoting the adjustment of economic structure, it will open up new space for China's economic development

at present, only in this way can we ensure the superiority of the tensile testing machine. China's economy is evolving to a stage with higher morphology, more complex division of labor, and more reasonable structure. Both the establishment of the national venture capital guidance fund for emerging industries and the acceleration of the development of trade in services reflect that the central government has placed the transformation of mode and structural adjustment in a more important position. The detailed implementation of these two policies and measures will certainly inject greater vitality into China's transformation of the driving force of economic development and the transformation and upgrading of economic structure