利好来了，“国家队”迎来重磅新规

Core Viewpoint - The National Development and Reform Commission (NDRC) is soliciting public opinions on the "Guidelines for the Layout Planning and Investment Direction of Government Investment Funds" and the "Management Measures for Strengthening the Guidance and Evaluation of Government Investment Fund Investment Direction," emphasizing the need for government investment funds to focus on enhancing high-end production capacity and promoting technological innovation and key core technology breakthroughs [1][3][4]. Group 1: Investment Guidelines - Government investment funds should avoid investing in industries with structural contradictions and prevent blind following in emerging industries, while supporting mergers and acquisitions and accelerating technological upgrades [1][5]. - The investment areas must align with national industrial adjustment guidance, foreign investment encouragement directories, and regional planning requirements, with a focus on key industries [3][4]. - The guidelines specify that funds should control the investment amount or proportion for individual enterprises and avoid increasing local government hidden debts through indirect means [4][5]. Group 2: Evaluation and Management - The "Management Measures" propose a comprehensive evaluation system that combines quantitative and qualitative indicators, focusing on policy alignment, investment layout optimization, and execution capability [7][8]. - The evaluation results will be communicated to provincial governments and relevant departments, with incentives for top-performing funds, including recognition and support for collaboration with local funds [8][9]. - For underperforming funds, the NDRC will enhance guidance and may implement corrective measures, including warnings and adjustments to fund management [9].