Government guidance fund is a very important way, and it can also be said to be a means. In the past, we supported the development of emerging industries and high-tech enterprises, often by giving money directly, directly to projects and directly to enterprises. It's over when the money is given, which is equivalent to subsidies. This effect is not satisfactory. Now, a new way has been adopted. The government first established a fund to support this enterprise in the form of a fund, and the fund itself adopted a market-oriented operation mode. How to set up this fund, how to manage it and how to support the development of these high-quality enterprises is a major issue worthy of discussion. I heard some reactions. Now there are all kinds of government funds, and all departments are scrambling to set up funds, not one fund, but many funds. At present, the establishment of government-guided funds is very hasty, which is likely to lead to serious risk problems.

In the past, finance used working capital, which should be said to have made important achievements and played a very good role under the conditions at that time, but this working capital was finally cancelled. Why did you cancel it? It was later that many risk problems were caused. Now, under the new situation and new conditions, the government supports these high-quality enterprises and emerging industries. If these risks are not controlled, it is likely that, just like liquidity, the fate it faces may be the final cancellation.