《上海市政府投资基金管理办法（试行）》印发

Group 1 - The Shanghai Municipal Government has issued the "Shanghai Government Investment Fund Management Measures (Trial)" focusing on "effective market" and "active government" [1] - The management measures emphasize "four persistences": strengthening overall planning and classified guidance, clarifying responsibilities and hierarchical management, government guidance with market operation, and standardized management to prevent risks [1] - The government investment funds will be managed through three main methods: direct budget investment, funding arrangements with state-owned enterprises, and capital injection into state-owned enterprises with specific allocations for fund contributions [1] Group 2 - Government investment funds will focus on major national and Shanghai strategic areas, categorized into industrial investment funds and venture capital funds [2] - Industrial investment funds aim to enhance the modern industrial system by investing in key links of the industrial chain and projects that strengthen the supply chain, promoting resilience and security [2] - Venture capital funds will support technological innovation, focusing on early-stage, small, long-term, and hard technology investments to enhance independent innovation capabilities [2]