Huo Fupeng, director of the Innovation Driven Development Center of the National Development and Reform Commission and chairman of the National Venture Capital Guidance Fund Co., Ltd., said at a special press conference of the National Development and Reform Commission that the first three regional funds of the National Venture Capital Guidance Fund are ready to be put into operation and are expected to complete investment in a number of key sub-funds and direct investment projects in the near future. In the future, the Guidance Fund will promote the establishment of more than 600 sub-funds in the three regions to serve emerging industries and future industrial development.

Huo Fupeng, director of the Innovation Driven Development Center of the National Development and Reform Commission and chairman of the National Venture Capital Guidance Fund Co., Ltd., said at a special press conference of the National Development and Reform Commission that the first three regional funds of the National Venture Capital Guidance Fund are ready to be put into operation and are expected to complete investment in a number of key sub-funds and direct investment projects in the near future. In the future, the Guidance Fund will promote the establishment of more than 600 sub-funds in the three regions to serve emerging industries and future industrial development.