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Risk investment boom. Venture Investment in China in the ascendant occasion, Cheng realized that the risk of investment in China is still a young business, the need for in-depth discussion in terms of theory, practice and policy. To this end, he said, in a busy stand apart from the official books, and edited from a large number of books, wrote a large number of papers, research and exploration venture in China's development path. Cheng pointed out that the development of China's venture capital is facing severe challenges, the development of venture capital industry strategy should be implemented in three steps: first, the establishment of venture capital company providing management advice and services to domestic and foreign investors; the second step is the establishment of venture capital fund, and to develop appropriate regulations and management practices, to attract capital from abroad; the third step is the establishment, including the second board market, including venture capital system. At the same time, Cheng stressed that the priority areas should be a high-tech venture capital field, support should be focused on the stage start-up phase. In 2003, Cheng Siwei active in advocacy, China Venture Capital Research Institute was established in order to establish the domestic venture capital policy makers and practitioners were an important bridge of communication. June 2004, the official opening of the Shenzhen SME board, has taken a 'three-step' strategy step. Cheng stressed that a key factor in the success of China's venture capital industry is to develop their own venture capitalists, start with a project manager from the culture. As a result, venture capitalists really begun to attract government and people's concern and attention in China, and has entered a period of rapid development. Since Cheng Siwei make groundbreaking contribution to our emerging venture capital industry, the industry affectionately called him 'the father of Chinese Venture Capital.' Cheng Siwei select three biographies are all to serve the country, according to 'People's Daily' reported in August 2013, Cheng Siwei is a family of five children only son, my father into homes is an outstanding generation of journalists, were let Xiao mother had studied in France. Scholarly childhood, he would accept the Chinese traditional culture and education. Cheng Siwei, North peacetime, has been deeply influenced by Lu Xun, Mao Dun, Ba Jin and other progressive writers, in which the greatest impact when the number of his 'home', 'Spring', 'Autumn', 'Torrent Trilogy.' In the 'home' this work, Juehui resolutely away from home