[Zhang Yanyun, Vice Governor of Zhejiang Province: to provide a model for the development of national private equity funds and even large assets management] the Seventh 2023 West Lake Summit of Global Private Equity funds was held in Hangzhou. Zhang Yanyun, vice governor of Zhejiang Province, said at the meeting that so far, nearly 2500 private equity fund managers have been registered in Zhejiang Province, with a fund management scale of 1.8 trillion yuan, ranking fourth in the country. Hangzhou, in particular, has developed into a gathering place for private equity funds beyond the north to Shenzhen.