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flag China launches trial rules to improve government fund use, focusing on national priorities, innovation, and transparency.

flag China's National Development and Reform Commission has issued trial regulations to improve government investment fund management, focusing on aligning fund allocations with national strategies, industrial upgrading, and innovation. flag The rules emphasize performance metrics in areas like technological innovation, research commercialization, and public well-being, while promoting coordination between national and local funds to address market gaps. flag Final evaluation results will be shared publicly through a registration system to enhance transparency. flag The move aims to boost fiscal efficiency and support long-term economic development.

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