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The role of government investment funds
1. The government plays a very important role in a country's economic development and industrial revitalization, and should give full play to its macro-guidance and regulation functions.

2. Ensure a good external environment for venture capital, provide policy and legal support for venture capital, overcome market failure and prevent crowding out effect.

3. As one of the main providers of capital, the government will also participate in the operation of the capital market, and guide and regulate the investment behavior of the capital market through direct or indirect participation.