Wu Qing: In the past five years, private equity and venture capital funds have injected 5.25 trillion yuan of innovative capital into unlisted and unlisted enterprises.

The China Securities Regulatory Commission (CSRC) issued a speech by Wu Qing at the Fourth Member Representative Conference of the China Securities Investment Fund Industry Association. Wu Qing pointed out that in the past five years, private equity venture capital funds injected 5.25 trillion yuan of innovative capital into unlisted and unlisted companies, equivalent to 90% of the scale of domestic corporate stock financing during the same period. Public funds invested over 6 trillion yuan in stocks in advanced manufacturing and technological innovation fields, effectively promoting the transformation of social capital into industrial capital and accelerating the gathering of resources in the innovation field.