On December 26, the National Venture Capital Guidance Fund was officially launched. The National Development and Reform Commission held a special press conference. Guo Fangming, director of the Economic Construction Department of the Ministry of Finance, said that the Ministry of Finance will actively fulfill the responsibilities of national funders, do a good job of performance evaluation, scientifically verify the performance evaluation index system to guide the fund, and comprehensively evaluate the results of achieving policy goals. It will not simply use the profit and loss of a single project for three years as the basis for the assessment. At the same time, supervision methods are continuously improved, and funds are guided to establish a risk prevention and control system covering the entire life cycle of investment, management, and withdrawal, and effectively improving the efficiency of the use of funds.

On December 26, the National Venture Capital Guidance Fund was officially launched. The National Development and Reform Commission held a special press conference. Guo Fangming, director of the Economic Construction Department of the Ministry of Finance, said that the Ministry of Finance will actively fulfill the responsibilities of national funders, do a good job of performance evaluation, scientifically verify the performance evaluation index system to guide the fund, and comprehensively evaluate the results of achieving policy goals. It will not simply use the profit and loss of a single project for three years as the basis for the assessment. At the same time, supervision methods are continuously improved, and funds are guided to establish a risk prevention and control system covering the entire life cycle of investment, management, and withdrawal, and effectively improving the efficiency of the use of funds.