The hottest policy to guide venture capital strate

Policy guided venture capital investment in strategic emerging industries will become a hot spot

venture capital is becoming an important driving force to accelerate the development of China's strategic emerging industries, hoping that it will make greater contributions to promoting technological innovation and strengthening the city through innovation, as well as the optimization and upgrading of industrial structure in Linyi city. However, at present, the government still needs to further use preferential tax policies to guide the direction of investment

this year is the first year of the 12th Five Year Plan. Venture capital is an important force in the adjustment of economic structure and the transformation of economic development mode. It plays an important supporting and leading role in developing strategic emerging industries, promoting the upgrading of industrial structure, and alleviating the financing difficulties of small and medium-sized enterprises. Recently, at the first China Venture Capital Industry Summit hosted by the venture capital Professional Committee of the China Investment Association, Zhang Hanya, President of the China Investment Association, said

venture capital is growing rapidly, and the proportion of private capital is increasing year by year

in recent years, China's venture capital industry has achieved rapid development. The "China venture capital industry development report 2011" jointly prepared by the Department of Finance and finance of the national development and Reform Commission and the venture capital Professional Committee of the China Investment Association shows that the number and asset size of China's venture capital institutions are showing a rapid growth trend. In terms of capital sources, the proportion of private capital continues to increase, and what are the functional characteristics and precautions of the horizontal wire rope stretcher? What investment scale continues to grow

since 2009, affected by the opening of the gem and the exemption of state-owned venture capital institutions and state-owned venture capital guidance funds from the obligation to transfer state-owned shares, the number of registered venture capital institutions in China has continued to rise. As of the publication of the China venture capital industry development report 2011, 706 venture capital enterprises had been registered nationwide, an increase of 20.48% over the previous year. Corresponding to the continuous growth in the number of venture capital institutions, the asset scale of China's venture capital institutions increased rapidly from 2006 to 2010, reaching 150.289 billion yuan by the end of 2010, an increase of 54.3% year-on-year

from 2006 to 2010, the number of investment cases of venture capital institutions maintained an overall growth trend. The annual number of new investment cases increased from 443 in 2006 to 1507 in 2010. Similar to the growth of investment cases, the investment amount of venture capital institutions also maintained an overall growth trend from 2006 to 2010. The annual new investment increased from 3.639 billion yuan in 2006 to 23.537 billion yuan in 2010

at the same time, from 2006 to 2010, the average investment amount of a single investment case of venture capital enterprises showed an increasing trend year by year, from 8.2146 million yuan in 2006 to 15.8578 million yuan in 2009, and decreased to 15.6186 million yuan in 2010

since the implementation of the Interim Measures for the administration of venture capital enterprises in 2006, the proportion of financial budget contributions and state-owned institutions in the total capital sources has shown a downward trend year by year, while the proportion of private capital in the total capital sources has shown an upward trend year by year

Feng Zhongsheng, deputy director of the Department of Finance and finance of the national development and Reform Commission, said that according to statistics, it can be predicted that private capital will continue to rise in China's future sources of venture capital

investment in emerging industries is low, and the support of start-up enterprises is insufficient.

at present, although China's venture capital investment shows a good development trend, there are still obvious deficiencies in the development level of venture capital. For example, some venture capital institutions are keen on investing in pre IPO projects in operation, and the support for start-up enterprises is insufficient, Venture capital institutions have low investment in emerging industries

statistics show that from 2006 to 2010, venture capital enterprises will complete the construction of traditional manufacturing, financial services and resource development industries on some islands and reefs in the Nansha Islands in the near future. The average investment amount of a single case of land reclamation engineering industry is high, while the investment in enterprises in emerging industries is low

in addition, from 2006 to 2010, the number of cases of venture capital institutions investing in small and medium-sized enterprises, high-tech enterprises and small and medium-sized high-tech enterprises showed an increasing trend on the whole, but the proportion decreased year by year. The proportion of cases of enterprises invested by venture capital institutions that meet the standards of small and medium-sized enterprises decreased from 93% in 2006 to 77.4% in 2010, The investment in high-tech enterprises decreased from 53.72% in 2006 to 45.85% in 2010, and the investment in small and medium-sized high-tech enterprises decreased from 51.92% in 2006 to 37.49% in 2010. In terms of investment amount, the proportion of investment in small and medium-sized enterprises was 84.19% in 2006, which fell to 58.41% in 2010; Investment in high-tech enterprises decreased from 54.74% in 2006 to 48.89% in 2010; Investment in small and medium-sized high-tech enterprises decreased from 52.21% in 2006 to 31.44% in 2010

from the distribution of cases in different investment stages, from 2006 to 2010, most of the investment cases were in the initial stage and expansion stage, and relatively few were in the seed stage. With the launch of gem and the development of multi-level capital market, the proportion of equity exit cases with holdings of more than 7 years continued to decline. Equity exit cases with holdings of 2-4 years became the mainstream in 2010, and the proportion of equity exit cases with holdings of less than 1 year continued to show an increase since 2007

industry experts said that due to their profit seeking nature, venture capital institutions have more cases of investing in enterprises in the initial stage and expansion stage, while less cases in the seed stage of investment. Therefore, the government needs to introduce policies to guide venture capital institutions to invest in start-up enterprises

Zhu Zhixin, deputy director of the national development and Reform Commission, stressed that in order to change the mode of economic development during the 12th Five Year Plan period, we must vigorously promote the optimization and upgrading of industrial structure, accelerate the cultivation and development of strategic emerging industries, and promote the implementation of the employment strategy driven by entrepreneurship. As an important capital force supporting innovation and entrepreneurship, venture capital should make more positive contributions in promoting scientific and technological progress, promoting the optimization and upgrading of industrial structure, and realizing innovation driven economic development

policy guided investment in strategic emerging industries will become a hot spot

the decision of the State Council on accelerating the cultivation and development of strategic emerging industries issued in 2010 also proposed to vigorously develop venture capital and equity investment funds. Establish and improve the supporting policy system and supervision system to promote the healthy development of venture capital and equity investment industry. We should give full play to the guiding role of government venture capital in emerging industries, expand the scale of government venture capital in emerging industries, make full use of market mechanisms, and drive social funds to invest in innovative enterprises in strategic emerging industries at the early and medium stages of entrepreneurship

during the 12th Five Year Plan period, under the guidance of relevant national policies, early and medium-term start-ups in strategic emerging industries will become the focus of venture capital institutions, and investing in enterprises in strategic emerging industries will become the mission of venture capital institutions. Jin Haitao, chairman of Shenzhen Innovation Investment Group Co., Ltd., said that venture capital institutions mainly have four investment directions: first, invest in small and medium-sized enterprises, increase the output and employment of small and medium-sized enterprises, and support small and medium-sized enterprises to become bigger and stronger; Second, invest in enterprises in strategic emerging industries to promote the optimization of economic structure and industrial structure; Third, invest in start-up enterprises, focusing on solving the financing difficulties of immature enterprises; Fourth, invest in enterprises undergoing transformation and upgrading, enhance their sustainable development capabilities, and lay a solid foundation for economic transformation and upgrading

venture capital is a new investment system that effectively supports innovation and entrepreneurship. Relevant research shows that the reason why the United States can lead the third and fourth world industrial revolution and occupy the commanding heights of technology is to establish a new venture capital system

Zhang Wei, President of Jiangsu high tech Investment Group Co., Ltd., believes that venture capital is becoming an important driving force to accelerate the development of China's strategic emerging industries and the optimization and upgrading of industrial structure, but at present, the government still needs to further use preferential tax policies to guide the direction of investment

Yu Weidong, deputy general manager of China Hi Tech Investment Group Corporation, said that the development of strategic emerging industries has brought many opportunities to investors, because some emerging industries and new products may face explosive growth from cultivation to development and then to maturity. Investing in strategic emerging industries will receive rich returns, and the 30000 ton aluminum based new material project of Shanxi xijuhua will be officially launched