波多野结衣办公室双飞_制服 丝袜 综合 日韩 欧美_网站永久看片免费_欧美一级片在线免费观看_免费视频91蜜桃_精产国品一区二区三区_97超碰免费在线观看_欧美做受喷浆在线观看_国产熟妇搡bbbb搡bbbb_麻豆精品国产传媒

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / SOE

Fund for SOEs in place to spur innovation

1st-phase size of 51b yuan targets State firms in strategic emerging sectors

By REN QI | China Daily | Updated: 2025-11-11 09:45
Share
Share - WeChat

The launch in late October of a special fund dedicated to investing in centrally administered State-owned enterprises engaged in strategic emerging sectors marks a significant step in advancing China's innovation-driven growth, officials and experts said.

The special fund to assist central SOEs to develop strategic emerging industries, officially launched on Oct 29, was initiated by the State-owned Assets Supervision and Administration Commission of the State Council and entrusted to China Reform Holdings Corp Ltd, a State-owned investment firm, for establishment and management.

The move has met the conditions for investment and will help accelerate the development of strategic emerging industries, SASAC said at the launch.

The fund's first-phase size is 51 billion yuan ($7 billion), with China Reform Holdings planning to contribute around 15 billion yuan. The investment period is five years, and the management and exit period is eight years. The investment period may be extended by up to two years, meaning the overall duration could be as long as 15 years.

Li Zhen, vice-chairman of SASAC, said accelerating the development of strategic emerging industries is a mission entrusted to central SOEs by the central authorities, and the establishment of the special fund is a crucial move to support their growth.

Li emphasized that the fund aims to better align capital with industrial and innovation chains, and to facilitate the optimization of the layout and structural adjustment of the State-owned economy.

He expressed hope that China Reform Holdings will live up to its mission and expectations, go all out to operate the fund effectively, make new and greater contributions to the development of strategic emerging industries, and set a benchmark for State-owned industrial funds.

In recent years, China's manufacturing sector has accelerated its shift toward greater sophistication, intelligence and sustainability, expediting the formation of new quality productive forces and injecting fresh momentum into the steady and positive performance of the industrial economy.

According to the latest value-added tax invoice data released by the State Taxation Administration, corporate investment in innovation continued to increase in the first three quarters, strategic emerging industries expanded steadily and sales revenues in integrated circuit manufacturing, robot manufacturing and unmanned aerial vehicle manufacturing rose year-on-year by 17 percent, 21.7 percent and 69.8 percent, respectively.

Beijing Vice-Mayor Sun Shuo said at the launch ceremony for the special fund that the city's government will fully support the fund's development by strengthening innovation enablement and improving support systems to provide a favorable environment for its growth.

Sun said he expects the fund to inject greater momentum into Beijing's economic and social development.

Li Xuenan, professor of finance and director of the China Industrial Policy Research Center at Cheung Kong Graduate School of Business, said such government-guided funds can effectively address market failures in financing high-risk, high-externality sectors such as new energy, biotechnology and high-end equipment manufacturing.

By leveraging professional fund managers and focusing on long-term development rather than short-term returns, these funds not only concentrate private capital, but also stimulate new company entries in target sectors and along the supply chain, generating sustainable industrial upgrading, Li said.

As a special fund to promote the accelerated development of strategic emerging industries among central State-owned enterprises, the fund will support efforts to address weak links in industrial chains, advance frontier innovation, strengthen core functions and enhance core competitiveness.

SASAC said in a news release that priority support will go to artificial intelligence, aerospace, high-end equipment and quantum technology, as well as key areas of future industries including future energy, future information and future manufacturing.

Compared with subsidies or tax incentives, Li said, government-guided funds provide a more efficient and self-sustaining approach to industrial policy.

Furthermore, to maximize impact, transparency, professional autonomy, and a focus on high-research and development-intensity sectors will be key to ensuring that public capital catalyzes lasting innovation and competitiveness in China's strategic emerging industries, Li added.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
波多野结衣办公室双飞_制服 丝袜 综合 日韩 欧美_网站永久看片免费_欧美一级片在线免费观看_免费视频91蜜桃_精产国品一区二区三区_97超碰免费在线观看_欧美做受喷浆在线观看_国产熟妇搡bbbb搡bbbb_麻豆精品国产传媒
91免费国产视频网站| 久久久久久视频| 欧美日韩在线播放三区四区| 国产精品久久久久永久免费观看| 久久99精品国产麻豆婷婷 | 日韩欧美色综合网站| 亚洲一区二区三区视频在线播放| 91蜜桃婷婷狠狠久久综合9色| 日本国产一区二区| 亚洲精品成人悠悠色影视| 91丨porny丨户外露出| 色成人在线视频| 国产精品久久久久久久av| 26uuu久久天堂性欧美| 日韩精品一二三四| 影音先锋人妻啪啪av资源网站| 91精品久久久久久久久99蜜臂| 五月婷婷色综合| 精品国产人妻一区二区三区| 日韩欧美在线一区二区三区| 麻豆精品在线观看| 极品蜜桃臀肥臀-x88av| 国产精品伦理在线| 波多野结衣中文字幕一区| 欧美中文字幕一区二区三区| 亚洲五月六月丁香激情| 国产精品久久久久久亚洲av| 日韩欧美电影在线| 韩国成人精品a∨在线观看| 中文字幕精品亚洲| 自拍偷在线精品自拍偷无码专区| 四川一级毛毛片| 91精品国产免费| 国内精品国产成人| 欧美日韩一区二区三区四区五区 | 中文字幕中文字幕一区| 91在线你懂得| 91精品国产免费| 国内精品久久久久影院薰衣草| 亚洲伦理一区二区三区| 一区二区成人在线| 泷泽萝拉在线播放| 中文字幕不卡一区| 波多野结衣三级视频| 欧美电影精品一区二区| 国产精品香蕉一区二区三区| 91极品美女在线| 日韩—二三区免费观看av| 一级黄色毛毛片| 亚洲免费视频中文字幕| 国产成人无码一区二区在线观看| 久久精品一区四区| 91影院在线免费观看| 日韩视频免费直播| 国产99久久久国产精品潘金网站| 欧美亚洲国产一卡| 麻豆精品视频在线| 色欧美88888久久久久久影院| 日韩精品五月天| 午夜国产小视频| 亚欧色一区w666天堂| www.xx日本| 午夜欧美一区二区三区在线播放| 成年人视频软件| 午夜精品一区二区三区电影天堂| 2019男人天堂| 亚洲第一久久影院| 久久av红桃一区二区禁漫| 亚洲成人一区在线| 97在线观看视频免费| 日韩精品亚洲专区| 色综合久久久网| 久久精品国产99| 欧美色涩在线第一页| 国产精品自拍三区| 欧美一区三区二区| 97se亚洲国产综合自在线观| 久久综合久久综合久久| 麻豆短视频在线观看| 国产精品毛片久久久久久| 国产国语性生话播放| 亚洲精品高清在线观看| 国产成人精品视频免费| 日韩精品高清不卡| 在线观看国产一区二区| 国产成人在线电影| 精品日产卡一卡二卡麻豆| 人妻av一区二区三区| 国产精品国模大尺度视频| 日本高清www| 亚洲18女电影在线观看| 国产黄色片在线免费观看| 韩日av一区二区| 欧美一区二区视频观看视频| 91在线高清观看| 国产精品国产三级国产专播品爱网| 亚洲av无码一区二区二三区| 一区二区三区免费网站| 国产av无码专区亚洲av毛网站| 麻豆成人av在线| 91精品国产欧美一区二区18| 成人三级做爰av| 日韩一区中文字幕| 911国产在线| 国精品**一区二区三区在线蜜桃| 日韩欧美不卡一区| av免费观看不卡| 亚洲小说春色综合另类电影| 日本韩国精品在线| av中文字幕亚洲| 中文字幕亚洲一区二区va在线| 日韩欧美视频免费观看| 精品一区二区av| 欧美成人vps| 野外性满足hd| 喷水一区二区三区| 91麻豆精品国产自产在线观看一区| 黑人无套内谢中国美女| 亚洲精品v日韩精品| 国产盗摄一区二区三区在线| 成人午夜视频福利| 国产精品久久午夜夜伦鲁鲁| 日韩国产第一页| 成人久久视频在线观看| 中文字幕在线观看不卡| 丰满少妇高潮久久三区| av高清不卡在线| 一区二区三区在线视频播放| 日本韩国欧美一区| 潘金莲一级淫片aaaaaaa| 亚洲影视在线播放| 欧美日韩国产美| 99re这里只有| 免费成人av在线播放| 欧美不卡视频一区| 国产精品高清无码在线观看| 精品一二三四在线| 国产亚洲精久久久久久| 99自拍视频在线| av在线播放成人| 亚洲一区二区在线视频| 欧美高清精品3d| 18禁裸乳无遮挡啪啪无码免费| 麻豆精品视频在线观看视频| 国产亚洲女人久久久久毛片| 欧美h片在线观看| 91小视频在线观看| 亚洲电影一区二区| 日韩色在线观看| 少妇太紧太爽又黄又硬又爽小说 | 亚洲欧美另类小说视频| 欧美亚洲国产一区二区三区va| 一级黄色片毛片| 麻豆国产精品777777在线| 国产午夜亚洲精品不卡| 草视频在线观看| 成年女人免费视频| 理论电影国产精品| 亚洲国产成人在线| 欧美色综合网站| 久久精品国产亚洲av久| 高清在线成人网| 亚洲综合在线视频| 日韩视频一区在线观看| 国产传媒视频在线| 最好看的中文字幕| 日韩国产在线一| 国产欧美日韩精品a在线观看| 日本韩国欧美在线| 免费中文字幕av| 国产精品一二一区| 亚洲资源在线观看| 337p日本欧洲亚洲大胆色噜噜| 国产精品三区在线观看| 视频免费在线观看| 国产成人免费高清| 亚洲国产你懂的| 国产清纯美女被跳蛋高潮一区二区久久w| 一本色道综合亚洲| www.色多多| 91在线视频观看| 精品一区二区久久久| 亚洲精品乱码久久久久久日本蜜臀| 日韩欧美国产成人一区二区| 五月天婷婷色综合| 亚洲天堂网一区二区| av在线一区二区| 久久成人精品无人区| 亚洲精品欧美二区三区中文字幕| 精品久久人人做人人爰| 在线观看亚洲成人| 日本人亚洲人jjzzjjz| 香蕉视频免费网站| 国产精品一区免费视频| 偷偷要91色婷婷| 亚洲人xxxx| 久久精品人人爽人人爽| 69av一区二区三区| 色婷婷国产精品综合在线观看| 扒开jk护士狂揉免费|