[Lin Yifu: promoting the development of biological economy needs the support of venture capital and government-guided funds] Science and Technology Innovation Board Daily on the 18th, Lin Yifu, dean of the Institute of New structural Economics of Peking University and honorary dean of the National Institute of Development of Peking University, said at the "China Bio-economy 50-person Forum" that the development of biological economy needs capital support. On the one hand, venture capital has been combined by many financiers through the combination of venture capital and the core strength of bio-economic industry; on the other hand, bio-economy plays an important role in national development strategy. it is necessary for the government to set up a guidance fund to plan its development direction. At the same time, it can also promote the development of basic scientific research through state financial subsidies, and invest continuously in national laboratories, academies of sciences and other scientific research institutions for a long time, so as to lay the foundation for the transformation of scientific research achievements. (reporter Yu Shiqi)