Core Viewpoint - The government investment funds will undergo significant reforms aimed at enhancing their role in supporting national strategies, promoting industrial upgrades, and fostering innovation and entrepreneurship [1] Group 1: Guidelines and Objectives - The draft guidelines emphasize that the establishment of government investment funds should align with the national strategy for a unified market and should not focus solely on attracting investments [2] - Investment directions must comply with macro-control requirements for national productivity layout, avoiding investments in industries with structural contradictions and preventing blind following in emerging industries [2] - The guidelines encourage mergers and acquisitions in relevant industries, accelerate technological updates, and promote quality upgrades in industries [1][2] Group 2: Investment Focus Areas - The guidelines outline four key support areas for government investment funds, which should align with national industrial adjustment and foreign investment encouragement directories [2] - National-level funds are encouraged to support modernization of industries, tackle key core technology challenges, and address major cross-regional projects, focusing on critical areas to demonstrate leadership [2] - Local funds should consider regional financial capabilities, industrial resources, and debt risks, selecting investment areas that enhance local advantages and support small and micro enterprises [2] Group 3: Operational Restrictions - Government investment funds are required to increase high-end capacity supply, focusing on industrial technological innovation and addressing critical technology challenges [3] - Investment funds must not engage in practices that increase local government hidden debts, and are restricted from public trading of stocks, derivatives trading, and providing guarantees for entities outside the invested companies [3]

来源： 甘肃省人民政府 近日，甘肃省人民政府办公厅发布关于促进政府投资基金高质量发展的管理办法 。其中明确提 出，需要强化政府引导，各级财政部门负责统一管理本级政府投资基金，严控新设基金，推动优化 整合已设基金，明确直接管理或委托管理的职责划分，强化统一运作管理。《办法》还指出，需要 培育壮大长期资本、耐心资本，合理确定政府投资基金存续期。各地需要严格落实建设全国统一 大市场部署要求， 建立健全激励容错体系， 不以招商引资为目的设立政府投资基金。 以下为办法原文： 峰会： 「2025母基金年度论坛」盛大启幕：汇聚中国力量！ 热文： 一纸新规，炸出一级市场的管理费焦虑 热文： 今年，上市公司热衷做并购基金 对接需求请扫码 每日｜荐读 榜单： 「2025投资机构软实力排行榜」评选启动 ...