The Shenzhen Municipal Government administrative department in charge of foreign investment is responsible for examination and approval of applications for foreign investments in venture capital investment organizations. The Shenzhen Municipal Government administrative department in charge of industry and commerce is responsible for the registration of venture capital investment organizations, and the Shenzhen Municipal Leadership Group for Science and Technology Risk Capital Investment is responsible for coordinating venture capital investment operations.
In addition, there are regulations which acknowledge the establishment of a self-governing Venture Capital Investment Trade Association to formulate industry and service standards and to evaluate the practice of its members.
