Beijing's Zhongguancun Science Park (Z-Park), commonly dubbed China's Silicon Valley, held a session to elaborate on its policies regarding angel investment and venture capital on May 8.

Organized by the administrative committee of Z-Park, the session attracted over 120 representatives from some 90 investment agencies from home and abroad.

Nan Lixin, founder and CEO of cyzone.cn, and Liu Fuyang, general manager of Zhongguancun Bank's Innovation Ecosystem Department, attended the session as honorable guests and delivered keynote speeches.

Wang Rufang, deputy director of the Zhongguancun administrative committee, addresses the session on May 8. [Photo/zgc.gov.cn]

Wang Rufang, deputy director of the Zhongguancun administrative committee, noted that angel investment and venture capital have always played a major role in nourishing Z-park's business ecology.

According to Wang, Z-Park will continue to implement more favorable policies and detailed regulations to harness the investment environment in and around Haidian district.

He also called upon domestic and overseas investors to have faith in the growth potential of Zhongguancun-based technology startups.

The Zhongguancun Angel Fund of Funds is officially launched on October 21, 2015. [Photo provided to chinadaily.com.cn]

It is estimated that China's first fund for angel investment—the Zhongguancun Angel Fund of Funds—has assisted over 1,400 cutting-edge projects with 39 billion yuan ($6.15 billion) since 2015.

Nan Lixin, founder and CEO of cyzone.cn, introduces the upward trends in the angel investment industry. [Photo/zgc.gov.cn]

Liu Fuyang, general manager of Zhongguancun Bank's Innovation Ecosystem Department, presents their investment-loan linkage products. [Photo/zgc.gov.cn]