Core Insights - The conference focused on the development of a new ecosystem for funds under the context of a unified market, emphasizing the importance of private equity in empowering the real economy and technological innovation [6][7][8] Group 1: Industry Recovery - The private equity investment fund scale in China reached 11.18 trillion yuan, while venture capital funds reached 3.56 trillion yuan, totaling 14.74 trillion yuan, an increase from 14.21 trillion yuan year-on-year [7] - The white paper released at the conference indicated a strong recovery in the private equity sector within the Yangtze River Economic Belt, with fundraising amounts up nearly 18% year-on-year and new fund numbers up 23% [7] - Investment activity surged, with investment amounts increasing by 75% year-on-year and the number of investment cases nearly doubling [7] Group 2: Strategic Focus on Hard Technology - Experts highlighted the need for the private equity industry to focus on hard technology during the "14th Five-Year Plan" period, aiming for high-quality development [9] - The investment in strategic emerging industries and future industries is expected to exceed 100 trillion yuan by 2040, providing vast investment opportunities [9] - The consensus in the industry is shifting towards early, small, long-term investments in hard technology sectors such as artificial intelligence, biomedicine, and integrated circuits [9][10] Group 3: Regional Development and Policy Recommendations - The white paper noted that investment concentration in the Yangtze River Economic Belt is high, with the Yangtze River Delta and Anhui accounting for 80% of total investment in the past three years [11] - Recommendations for enhancing the investment environment in central regions include increasing government fund contributions, optimizing investment ecosystems, and focusing on quality over quantity [11] - The development strategy for central regions should include concentrating existing fund resources on major projects, aligning with emerging industry clusters, and attracting external funds through quality projects [11]