Venture capitalism is based ___________ the interaction between entrepreneurs with more vision than funds, and investors with cash and an appetite ___________ risk. As such, it is a sector that does not lend itself ___________ the strict regulations imposed by state bureaucracies. Yet China's powerful National Development and Reform Commission appears set ___________ creating domestic venture capital champions by offering them preferential treatment over their foreign rivals. The NDRC, the country's top economic planning body, has recently issued rules aimed ___________ encouraging the formation of venture capital firms run by Chinese managers, funded by Chinese investors for the benefit of Chinese companies.