
Core Viewpoint - The Guangdong Provincial Government has issued the "Action Plan for Further Promoting High-Quality Development of Venture Capital" to enhance the venture capital ecosystem through various measures, focusing on the entire investment chain from fundraising to exit [1][5][7] Group 1: Support for Venture Capital Institutions - The Action Plan emphasizes the cultivation of high-quality venture capital institutions, encouraging participation from diverse entities such as state-owned enterprises and research institutions [1][4] - It highlights the importance of professional development for venture capital institutions, urging them to focus on new fields and high-tech sectors [4][6] Group 2: Funding Sources and Financial Support - The plan aims to optimize the operation of government-funded venture capital funds, seeking to attract national-level funds to invest in Guangdong [5][6] - It encourages insurance institutions to invest in venture capital funds, supporting investments in strategic emerging industries [5][6] Group 3: Exit Mechanisms and Market Environment - The Action Plan includes measures to facilitate the exit mechanisms for venture capital, such as promoting technology companies for public financing and mergers [6] - It calls for the establishment of a mechanism to connect venture capital with innovative projects, enhancing the overall investment environment [6][7] Group 4: Government Guidance and Policy Support - The Action Plan outlines the need for a mechanism to evaluate the consistency of macro policies before implementing significant regulations affecting venture capital [6][7] - It aims to create a favorable financial ecosystem that supports technological innovation and venture capital development [6][7]