China Promotes 'Patient Capital' for Long-Term Government Investment Funds - PRESS AI WORLD
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China Promotes 'Patient Capital' for Long-Term Government Investment Funds

share-iconWednesday, January 08 comment-icon2 weeks ago 7 views
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China Promotes 'Patient Capital' for Long-Term Government Investment Funds

Credited from: SCMP

  • China's government investment funds are now advised to implement strategies that prioritize long-term outcomes over immediate returns.
  • The State Council's new guidelines promote patient capital to drive innovation and accept potential failures in investments.
  • State funds should target key areas with market shortcomings to attract private investment towards a modern industrial system.
  • The guidelines underscore the importance of coordination in fund allocation to avoid inefficiencies and support critical technology sectors.
  • Normal investment risks will be accepted, as focusing on short-term profitability is not emphasized for performance evaluations.
  • For more details, visit the original article here.

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