The reason why investment prohibitions are listed is because government investment funds generally highlight the real economy in the industry and mobilize more social resources to support SMEs' entrepreneurial innovation. Tan Yunming, a professor at the Central University of Finance and Economics, said that the government can awaken the "sleeping" financial stock funds through capital contribution, leverage and demonstration effect to incite more social capital and guide its flow, and amplify the use effect of financial funds, so as to better promote industrial transformation and upgrading, promote innovation and entrepreneurship, and push the economy to the middle and high end. First, support innovation and entrepreneurship. In order to speed up the creation of a market environment conducive to innovation and increase the supply of venture capital, venture capital enterprises are encouraged to invest in early enterprises such as seed stage and start-up stage. The second is to support the development of small and medium-sized enterprises. In order to reflect the national macro-policy, industrial policy and regional development planning, support the development of medium-sized, small-sized and micro-enterprises, improve the service environment and financing environment of enterprises, stimulate the entrepreneurial innovation vitality of enterprises, and enhance the endogenous power of sustainable economic development.

legal ground

The full text of People's Republic of China (PRC) Administrative Law

Article 2 Citizens, legal persons or other organizations that believe that the administrative actions of administrative organs and their staff infringe upon their legitimate rights and interests have the right to bring a lawsuit to the people's court in accordance with this Law.

The administrative acts mentioned in the preceding paragraph include administrative acts made by organizations authorized by laws, regulations and rules.

Article 3 The people's courts shall safeguard the rights of citizens, legal persons and other organizations to prosecute and accept administrative cases that should be accepted according to law.

Administrative organs and their staff shall not interfere with or obstruct the people's courts in accepting administrative cases.

The person in charge of the sued administrative organ shall appear in court to respond to the lawsuit. Unable to appear in court, it shall entrust the corresponding staff of the administrative organ to appear in court.