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上海:推动创业投资类基金作为耐心资本投早、投小、投硬科技

Core Viewpoint - The Shanghai Municipal Government has issued the "Interim Measures for the Management of Government Investment Funds," which outlines differentiated management requirements based on the classification of investment funds [1] Group 1: Government Investment Fund Management - Government investment funds should be categorized based on their different roles and set management requirements accordingly [1] - For venture capital funds, the government may increase its contribution ratio, relax the fund's duration requirements, and extend the performance evaluation period to encourage early, small, and hard technology investments [1] - For industrial investment funds, a diversified funding structure should be established, with a potential reduction in government contribution ratios to attract more social capital, focusing on key industry segments and projects [1]