中文摘要：

战略性新兴产业具有高投入、高风险和以科技型中小企业为主的三大特征，使其通过传统融资渠道获得资金支持的难度很大，亟需构建以天使投资、风险投资、私募股权投资（AI／VC／PE）为主的股权投融资链来提供金融支持。股权融资具有产业筛选、风险分散、要素集成和激励创新等功能，是初创期战略性新兴产业跨越“死亡谷”的重要融资方式。因此，要进一步拓宽民间资本投资渠道，推动天使投资、风险投资和私募股权投资健康发展，构建完整的股权投资链，并推进体制机制创新，显著提高战略性新兴产业实现股权融资的可获性和有效性。

英文摘要：

Strategic emerging industry, characterized by high investment, high risk and a large number of small and medium-sized technology-based enterprises, is very difficult to get sufficient funds from traditional financing channels. There is an urgent need for eq- uity financing chain of angel investment （ AI）, venture capital （VC） and private equity （PE） . Equity financing performs the vari- ous functions of screening industries, risk diversification, integrating elements and inspiriting innovation, so it is an important finan- cing channel for strategic emerging industry in the seed and start-up stage to cross ＂Death Valley＂ . Therefore, it remains important to support private capital, promote AI/VC/PE and encourage mechanism innovation in order to obtain equity financing.