The establishment of a state-owned capital venture capital fund is an important part of the reform of state-owned enterprises and the pilot program of state-owned capital operating companies. It is of great significance and role in supporting the innovative development of enterprises and promoting the reform of state-owned enterprises and state-owned assets. The Party Central Committee and the State Council Attach great importance to this. The establishment of a state-owned capital venture capital fund is a practical need to implement the national innovation-driven development strategy, a major measure to adjust and optimize the layout and structure of state-owned capital, a useful attempt to promote the pilot of state-owned capital operating companies, and an effective measure to develop a mixed-ownership economy.

Meng Jianmin emphasized that as the largest "national" venture capital fund established with the approval of the State Council, the state-owned capital venture capital fund must further enhance its sense of mission and responsibility, firmly grasp the fund's positioning and tasks, and not Dishonoring the mission, living up to the great trust, and playing its due role in promoting the transformation and upgrading of state-owned enterprises. The first is to keep the mission in mind and serve the overall situation. It is necessary to adhere to the basic positioning of implementing national strategies and serving the development of central enterprises, keeping in mind the glorious mission of implementing innovation-driven development strategies and vigorously supporting enterprise innovation, and focusing on the core, key technological breakthroughs and industrialization of forward-looking, strategic and basic industries. , vigorously develop and invest in technological innovation and industrial upgrading projects, and promote the organic integration of national strategies and market mechanisms. The second is to lay a solid foundation and standardize operations. It is necessary to establish a standardized corporate governance structure to effectively safeguard the interests of investors and attach great importance to risk prevention and control. The third is to follow the rules and create value. We must follow the laws of market economy and the laws of equity investment fund operation and development to create greater value and provide better returns for shareholders. The fourth is to strengthen coordination and achieve common development. The State-owned Assets Supervision and Administration Commission of the State Council will strengthen guidance, coordination and services for the fund to create good conditions for the development of the fund. Fund sponsors, managers and central enterprises must strengthen coordination and form synergy to achieve sustained, healthy and rapid development of the fund.