Since this year, 10 billion yuan parent funds have been set up intensively in many places. According to the reporter's incomplete statistics, more than 10 10 billion yuan parent funds have been set up during the year. At the same time, the effects of parent funds leveraging social capital continue to show. For example, the investment briefing for the third quarter of 2026 recently disclosed by Shanghai State-owned Capital Investment Co., Ltd. shows that in the first three quarters, it drove the overall financing scale for lower-level projects to reach 1 trillion yuan through direct investment and sub-funds.

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