Central Henan province continues to expand the "circle of friends" for capital investment, and strive to attract 100 excellent investment institutions from abroad to settle in Henan within five years.
At the press conference held by the Information Office of Henan provincial government on the 26th, He Xiong, director of the provincial development and Reform Commission, said that angel investment, venture capital and venture capital funds are new investment and financing methods that have flourished in recent years. They mainly focus on "early investment, small investment and cutting-edge investment in scientific and technological innovation". They are an important capital engine for the layout and development of future industries and promoting transformation and upgrading.
He said that at present, there are 156 private equity and venture capital institutions in Henan, with a total scale of 87 billion 600 million yuan (RMB). A number of outstanding local venture capitalists and fund institutions have emerged.
In order to attract more excellent foreign investment institutions to settle in Henan, Henan has formulated the implementation plan for promoting the high-quality development of angel venture capital funds in Henan Province, constructed an innovation support system of "innovation and entrepreneurship + venture capital", and strive to promote the total scale of private equity and venture capital funds in Henan to exceed 300 billion yuan at the end of the 14th five year plan.
It is reported that in order to play an exemplary role, Henan provincial level will take the lead in setting up government master funds in two key industries: biomedical new materials and digital economy, with guidance funds of 2 billion yuan and 3 billion yuan respectively.
Relying on the development of cross-border investment and financing in the free trade zone, Henan will introduce pilot policies to attract foreign investors and foreign funds to participate in the establishment of market-oriented master fund, and strive to attract 100 excellent investment institutions from abroad to settle in Henan within five years.
He Xiong said that while supporting Zhengzhou, Luoyang and other places to accelerate the formation of a "fund ecosystem", Henan will also optimize government services, such as breaking the "glass door" of fund registration, completing industrial and commercial registration within one day, and paying close attention to the implementation of national tax preferential policies and local support policies.
(China News Network)
