在支持创投机构扩大募资来源方面，5月7日，中国人民银行与中国证监会联合发布《关于支持发行科技 创新债券有关事宜的公告》，进一步拓宽科技创新企业融资渠道，引导债券市场资金投早、投小、投长 期、投硬科技。上述公告明确，具备丰富投资经验、出色管理业绩以及优秀管理团队的股权投资机构， 今后可发行科技创新债券，所募集资金能够用于私募股权投资基金的设立、扩募等关键环节。 近日，七部委联合发布《加快构建科技金融体制有力支撑高水平科技自立自强的若干政策举措》（以下 简称《若干措施》），其中重点提及发挥创业投资支持科技创新生力军作用，发挥"国家创业投资引导 基金"支持科技创新作用、鼓励发展私募股权二级市场基金（S基金）、支持创业投资和产业投资发债融 资等。 作为科技创新生态系统的关键资本枢纽，创投机构始终扮演着民营经济创新发展的价值发现者和风险共 担者角色。创投的特性是高风险容忍与长期价值锚定，这决定了创投资本愿意冒风险支持技术创新。创 投通过从输血到造血的创新闭环作用机制，寻找最有潜力的创业者和创新方向，为民营经济输入源源不 断的资本动力。 基石资本董事长张维在接受证券时报记者采访时表示，《若干措施》涉及国有资本的出资、考核 ...

Core Viewpoint - The article emphasizes the significant role of China's strength in driving global capital flow and industrial upgrades amidst a rapidly changing global economic landscape, highlighting the importance of mother funds as stabilizers and amplifiers in the capital market [1]. Group 1: Economic Context - The world is experiencing unprecedented changes, with differentiated recovery dynamics and accelerated technological innovation and industrial transformation [1]. - China is becoming a key variable in global capital flow and industrial upgrades, showcasing resilience and vitality [1]. Group 2: Importance of Mother Funds - Mother funds play an irreplaceable role in nurturing new productive forces, promoting technological self-reliance, and guiding long-term capital allocation [1]. - The year 2025 is projected to be pivotal for the rise of Chinese enterprises and assets, with significant advancements in high-value-added sectors [1]. Group 3: Upcoming Forum - The "2025 Mother Fund Annual Forum and the Sixth Lujing Venture Capital Forum" will be held from September 4-6, 2025, in Xiamen, focusing on leveraging mother funds to activate the multiplier effect of long-term, industrial, and innovative capital [3]. Group 4: Conference Highlights - The forum will gather over a thousand LP and GP institutions, including national and local government funds, financial institutions, and family offices, to analyze the current state and future trends of the private equity investment industry [11]. - A special dinner event will facilitate networking among top talents and quality resources in the industry, promoting market insights and investment opportunities [12]. Group 5: Investment Trends in Fujian - In 2024, the number of fund registrations in Fujian decreased by 37% to 234, while the registration scale increased by 32% to 148.895 billion yuan, driven by government-led funds and deep participation from industrial capital [19][20]. - Xiamen's registration scale grew by 60% to 713.32 billion yuan, significantly outpacing national trends, supported by policies like "拨改投" and cross-strait integration funds [20]. Group 6: Investment Focus and Performance - Investment in Fujian reached 24.886 billion yuan in 2024, a slight increase of 6.5%, with a focus on electronic information, biomedicine, and new materials [21]. - Early-stage investments accounted for over 70% of the total, reflecting a shift towards quality projects and innovation in the investment landscape [21].