Focusing on leading industries and serving the Two Zones development, Daxing District established the Daxing Development Guidance Fund last year to invest in promoting the implementation of major projects. It is understood that in the year since the fund began operating, 15 sub-funds have been established and funded. The total amount of the fund has reached CNY 16.228 billion, a financial capital increase of 8.63 times, and 215 scientific and technological innovation projects have been invested. It has attracted external capital, high-level, high-precision, and state-of-the-art projects and top talents to Daxing District, which has effectively promoted the leapfrog development of high-quality industries in the Daxing District and promoted the high-quality development of the Two Zones.

It is reported that the Daxing Development Guidance Fund has an investment field layout strategy to "focus on key technology and leading industries", and has initiated 15 sub-funds for investment in high-level, high-precision, and state-of-the-art technology industries involving medicine and health, advanced manufacturing, new-generation information technology, digital economy, new energy, new materials and other high – precision forms of industry. All of the enterprises receiving investment from sub-funds are related to science and technology innovation. At present, the investment is mainly concentrated on three fields: medicine and health, advanced manufacturing, new energy and new materials, among which medicine and health projects account for the highest proportion. Early project investment accounts for up to half of these projects.

In terms of implementation, the Daxing Development Guidance Fund has driven the implementation of a number of high-quality projects in Daxing, and especially the investment in a number of major projects to support the Two Zones development. In addition, with the establishment of the Beijing Stock Exchange bringing new opportunities for the development of enterprises featuring specialization, expertise, uniqueness, and novelty, the Beijing Daxing Investment Group will also initiate the Beijing Daxing Outstanding Small- and Medium-sized Enterprises Venture Capital Fund around outstanding enterprises to invest early and medium-term projects that meet the aforementioned characteristics.

(Note: Content source is from Beijing Daily.)