To get there venture capitalists, tech leaders, entrepreneurs, and university professors meeting Friday and Saturday identified seven key action areas: reforming markets; building networks and fostering mentorship for entrepreneurs and CEOs; improving training of local venture capitalists; expanding domestic investment into alternative asset classes; promoting two-way dialogue between government and both domestic and foreign investors; encouraging multinationals to do more core research and development in China; and the creation of a national venture capital association, which would give local venture capitalists local representation.