Venture capital is a kind of private equity capital input investment,alˉways acting as the incubation of the industrialization of highˉnewˉtechnology,having practical significances in realizing China′s strategic"tecchnology and eˉducationˉbased development".As a successful way to develop a nation′s highˉtech technology and thus improve its economy,Venture Capital should be inˉtroduced in china.And,in a market economy condition,more space should be saved for the market hand,the government mainly direct the development of economy by laws and regulations that following the economy rules.This artiˉcle offers approaches to establish a legal system on venture Capital in china through introducing and comparing the equivalent mechanism in other counˉtries and districts,and make the conclusion that it is necessary and urgent to establish similar legal institution in china.With analysis in a law way focusing on two key points———venture capital fundˉraising and capitalˉexiting,the arˉticle confirms Venture Capital Fund and multipleˉlayer capital market be the best choice. |