The revision of the Administrative Method for Industry Guidance Funds of China (Fujian) Pilot Free Trade Zone Xiamen Area was officially printed and will take effect on October 1. The guidance fund here refers to the policy-oriented fund invested and established by the Management Committee of Xiamen Free Trade Zone and operated in a market-oriented manner. The guidance fund can participate in private equity funds and buyout funds. All funds participated by the guidance fund are collectively called the sub-funds of the guidance fund. The guidance fund is designed to guide and support private capitals to participate in investment. The investment scope of sub-funds is extensive enough to cover major industries and enterprises of Xiamen, which is conductive to linked development of all districts in the city.
