Ten-year Development Trends and Issues of the Chinese Government Guidance Fund from 2011 to 2020

Abstract

In the ten years from 2011 to 2020, the Chinese government guidance fund has experienced a development stage from steady development to rapid explosion and then gradually returning to rationality. At present, the number and scale of the establishment of government guidance funds have achieved steady development, the development of Northwestern China has accelerated, and the investment hotspot has gradually shifted from the Internet to the core technology field. However, there are still problems such as uneven regional development, insufficient social capital, and low utilization of some funds. It is recommended to start with the establishment of funds according to local conditions and relax geographical restrictions to improve management and promote the healthy and long-term development of government-guided funds.