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Zhejiang jiaxing tongxiang finance: three measures to steadily promote the upgrading of government industry funds

First, in-depth research has yielded tangible results. By the end of 2018, tongxiang municipal government has set up six sub-funds of "Internet +", the parent fund of guiding industry, through the investigation of the operation of the six sub-funds of the 1.0 version of the government industry fund. Tongxiang city finance bureau in the form of research projects, six funds to carry out field research, to understand the operation of each fund investment projects, focus on the way to exit, the point. After completing all the research and analysis, the research group put forward Suggestions on the standard management and reasonable withdrawal of the 1.0 version of the government industry fund, which are being implemented gradually.

Second, we introduced a policy focus. According to the management and operation requirements of provincial industrial fund version 2.0, tongxiang municipal finance issued the "tongxiang municipal government industrial fund version 2.0 program" and "tongxiang municipal government industrial fund management measures" after soliciting the opinions of various administrative departments and town streets. Tongxiang will highlight the government's policy and lead the industry fund, represented by digital economy new economy, entrepreneurial innovation (talent), phoenix action and other key industries and areas, and linkage, and leading enterprises, represented by way of industrial capital linkage and so on, the first three topics fund set up, and issued "about clear the government industry fund specific operation matters notice, clear department responsibility, standard industry fund operation management.

Third, to strengthen the principle of promoting investment. We will adhere to the principle of investing government industrial funds in industries before funds. The functions of government industry funds focus on "policy" and "guidance", gathering key plans of local governments' industrial strategies, supporting local enterprises and developing the real economy. Tongxiang municipal finance vigorously publicized the biggest difference between the government industry fund version 2.0 and version 1.0, emphasizing the combination of government industry fund and "precise investment attraction", first to implement the industry, then to fund. Relevant departments and town streets have gradually understood the investment principle of the government's industrial fund, and integrated the government policy advantages of the industry fund into the investment promotion activities to improve the precision and effectiveness of investment promotion.

Source: ministry of finance website