Founded in 2017, Qiandeng Lake Venture Capital Town is jointly built by the urban area and covers an area of 1.8 square kilometers, and is the only characteristic town focusing on the development of the venture capital industry among the first batch of Guangdong provincial characteristic towns. Qiandeng Lake Venture Capital Town is an important physical carrier for Foshan to build a venture capital center on the west bank of the Pearl River. Focus on attracting private equity investment funds, private securities investment funds, fund management institutions, etc. to settle down, and strive to build a venture capital industry ecosystem with fund institutions as the core, and achieve cooperation with the Pearl River Delta manufacturing industry in technology, capital, creativity, talents, etc., so as to promote the sustainable and healthy development of Foshan and even the equipment manufacturing industry on the west bank of the Pearl River.