The list of Top 50 Chinese Government Guidance Funds 2021 was released at the 15th China GPLP Summit, and Xiamen appeared on the list with two funds of Xiamen Industrial Investment Fund and Jimei District Industrial Guidance Fund that ranked 8th and 22nd, respectively. This is the most authoritative annual ranking in the industry. The Xiamen Industrial Investment Fund, entrusted to and managed by Xiamen Venture Capital affiliated to Jinyuan Group, has stood at the forefront of the list of Chinese government guidance funds for many years in a row. By the end of April this year, the Xiamen Industrial Investment Fund Council has approved 65 funds comprising 60 participating sub-funds with a total scale of 98.5 billion yuan, driving 265 projects of participating sub-funds and independent investment in Xiamen at a combined investment amount of 10.1 billion yuan. The investment mainly targeted biomedical and health, advanced manufacturing, digital economy, green low-carbon, semiconductor and integrated circuit, new energy, new generation of information technology and other key industries supported by Xiamen. The Jimei District Industrial Guidance Fund made the list for the first time and stood in the top three of the national district-level industrial guidance funds. This fund has so far approved 42 sub-funds with a total scale of 56.7 billion yuan, and established 26 funds with a scale of about 30.2 billion yuan.
