01: memorabilia of industry supervision
1. On January 8, 2021, the CSRC issued several provisions on strengthening the supervision of private investment funds. On the evening of January 8, the CSRC issued the official draft of Several Provisions on strengthening the supervision of private investment funds (hereinafter referred to as the provisions), reiterating the key points of private investment fund supervision in the past, And on the basis of summarizing the typical market problems and regulatory experience in recent years, further refine the bottom line requirements of private fund supervision. Subsequently, as a continuation of the supporting policies of the provisions, the registration bureau of the State Administration of market supervision and the China Foundation Association issued the notice on doing a good job in the registration of the business scope of private equity fund managers and the notice on the application of the provisions of the CSRC on strengthening the supervision of private equity investment funds, The two regulatory authorities have successively made requirements for the registration of the business scope of private fund managers and clarified the rectification rules such as the name and business scope of private fund managers.
2. On March 5, 2021, Premier Li Keqiang issued a government work report, proposing the need to improve the venture capital supervision system and development policies
On March 5, the opening meeting of the fourth session of the 13th National People's Congress was held in the Great Hall of the people. Premier Li Keqiang delivered a government work report. On venture capital, it is proposed to use market-oriented mechanism to stimulate enterprise innovation. Strengthen the dominant position of enterprises in innovation, encourage leading enterprises to form innovation consortia, expand the integration channel of industry, University, research and application, improve the incentive mechanism for property rights of scientific and technological achievements, improve the regulatory system and development policies for venture capital, and promote mass entrepreneurship and innovation in depth. We will continue to implement the policy of adding and deducting 75% of enterprise R & D expenses, increase the adding and deducting proportion of manufacturing enterprises to 100%, encourage enterprises to increase R & D investment with tax preferential mechanism, and strive to promote enterprises to lead development with innovation.
