TLDR:
– Qingdao hosted the 2024 Venture Capital Conference to discuss opportunities and future of capital in innovation and entrepreneurship.
– High “gold content” policies and projects were introduced to promote high-quality development in Qingdao.
Qingdao recently hosted the 2024 Venture Capital Conference with the theme of “Venture and Capital for a New Era Innovation and Entrepreneurship for a Brighter Future”. The conference aimed to gather industry experts, scholars, and entrepreneurs to discuss the opportunities and future of capital and activate new drivers for high-quality development. The conference introduced high “gold content” policies and projects to promote high-quality development in Qingdao, focusing on building a venture capital and private equity center. Key projects signed during the conference included a technology industry fund, new energy vehicle investments, and large enterprise direct investment platforms.
The conference also had a strong focus on developing new quality productive forces, with discussions on how capital can empower new quality productivity and cultivate more patient capital. VIPs from leading venture capital institutions shared their insights on the innovation system, capital market, and equity investment development. The conference also initiated the “Initiative for the Construction of Chinese Equity Investment Culture” to promote industry cultural connotation and strengthen standard requirements for industry development.
Overall, the conference aimed to create a high-quality capital matrix to serve new quality productivity by guiding funds to key technical fields, cultivating emerging industries, and filling long-term capital gaps. The conference also advocated for green investment concepts and utilized digital RMB payment to neutralize carbon emissions, promoting green and low-carbon development in Qingdao.
