
Core Viewpoint - The 13th Venture Capital Conference highlighted the importance of venture capital in supporting technological innovation and emphasized the need for a robust ecosystem to foster growth in the industry [1][2][3]. Group 1: Event Overview - The conference took place on July 25 in Shenzhen Guangming Science City, attracting over 500 participants from more than 20 provinces, including venture capital associations, investment institutions, and startups [1]. - The theme of the conference was "New Trends, Quality Wins the Future," focusing on the current state and future of the venture capital industry [1]. Group 2: Industry Insights - The venture capital industry is experiencing a partial recovery, with a rational restoration of its dynamics, as stated by Cheng Guohui, the president of Securities Times [1]. - The Guangming District is building a world-class science city, establishing a comprehensive innovation ecosystem that includes basic research, technology breakthroughs, and financial support [2]. - The Pearl River Delta is recognized as a key area for venture capital development, leveraging resources to drive economic growth and industrial upgrades [2]. Group 3: Challenges and Opportunities - Challenges in the venture capital sector include weak investment capabilities and low post-investment management levels, as noted by Shen Zhiqun, president of the China Investment Association's Private Equity and Venture Capital Committee [3]. - The establishment of the National Venture Capital Association Alliance Think Tank aims to serve as a "thought engine" and "decision-making advisor" for industry innovation and reform [3].