Core Viewpoint - The Shandong Provincial Government has issued an action plan to promote high-quality development of venture capital by enhancing the "raise-invest-manage-exit" cycle and attracting long-term capital to support economic growth in Shandong [1] Group 1: Long-term Capital Development - The action plan aims to cultivate and guide long-term capital to support innovation and economic development in Shandong [1] - By the end of 2027, the annual growth rate of venture capital investment in Shandong is targeted to exceed 10%, with a management scale surpassing 400 billion yuan [1] - The number of existing funds is expected to remain around 3,800, with over 80% of venture capital funds focusing on early-stage, small investments in hard technology [1] Group 2: Investment and Financial Integration - The plan emphasizes the penetration rate of equity investment in enterprise listings to exceed 90% [1] - It aims to create a high-level cycle among industry, technology, and finance, establishing Shandong as a national pilot zone for technology and finance reform [1] Group 3: Specific Actions - The action plan outlines five key areas: long-term capital cultivation, promotion of venture capital, enhancement of government investment fund management, expansion of exit channels, and optimization of the venture capital environment [1]
山东发布行动方案引育长期资本
Qi Lu Wan Bao·2026-01-12 22:05