吴迪：留给科创企业的成长时间很短

Core Insights - The 2026 Finance Annual Conference and 2025 Global Wealth Management Forum will be held in Beijing from December 18-20, 2025 [2][5] - Wu Di, a partner at Suzhou Equity Investment Fund and Secretary-General of Suzhou Fund Industry Association, discussed Suzhou's development, which began with the opening of the Singapore Industrial Park and the establishment of the first national mother fund [2][5] Group 1: Development and Challenges - Suzhou's development has leveraged advanced models from Israel and the United States despite lacking industrial foundations and policy advantages [2][5] - The core challenges identified include the high risk of source innovation and the lack of fault-tolerant capital, exacerbated by tightening regulations on state-owned fund scrutiny [2][5] - Market-oriented funds are showing decreased willingness to collaborate with state-owned institutions, leading to a reduction in purely fault-tolerant capital without additional requirements [2][5] Group 2: Innovation and Growth - The growth cycle of technology innovation enterprises is being compressed, necessitating early identification and support for these companies to avoid falling behind in competition [2][5] - Wu Di emphasized the urgency for early recognition of technology innovation enterprises as larger industries begin to compete aggressively [2][5] Group 3: Future Directions - Looking ahead, Suzhou aims to enhance its integrated ecosystem by leveraging the "14th Five-Year Plan" policy to attract long-term capital such as social security funds [2][5] - The goal is to address the shortfall in fault-tolerant capital and promote deeper integration of finance, technology, and industry [2][5]