On April 28th, the Guiding Opinions on Promoting the High quality Development of Government Investment Funds issued by the General Office of the State Council at the beginning of this year have been implemented for three months. Reporters have conducted multiple investigations and learned that in the past three months, many local governments have issued relevant management measures for government investment funds, guiding the scientific and standardized development of local government investment funds around the new policy guidelines. In this context, there has been a certain degree of differentiation in the establishment of local government investment funds. As mainstream fund centers, Guangdong, Jiangsu, Zhejiang, Shanghai and other regions still have a strong momentum in establishing government guided funds; However, the number of guidance funds established by some central and western regions and county-level governments has decreased. In addition, the strategy of establishing direct investment funds for direct investment is increasingly favored and praised by local governments. (Securities Times)
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