Experiences from abroad has demonstrated that Venture Capital System (VCS) is such an efficient supporting system that propels the marketization and industralization of hi-tech products.
The venture capital system in China has still remained imperfect, with unsatisfied investment environment on the whole and the enthusiasm for the venture capital of foreign capitals and domestic non-governmental capital being lower;
On the basis of different development phases of high-tech industrialization, according to China’s situation and venture capital development laws, the authors analyze the concurrent problems of China’s venture capital industry, and designs the China model of the venture capital system.
The four part of this paper discusses how to set up venture capital system of Chongqing. Via setting up frame of venture capital system of Chongqing, mainly include capital body, capital object, rule of law, basic establishment, capital market and agent system, it discovers the model of venture capital system.
The author investigated several hi-tech industrialization areas and R&D institutes, in dependently analyzed the process of China hi-tech industrialization, pointed out some shortcomings, and got the conclusion: venture capital would promote the process.