Abstract
The report of the 20th National Congress of the Communist Party of China points out that education, science and technology, and talent are the basic and strategic support for the construction of a modern socialist country in all respects. It has pointed out the direction and development path for the development of universities as well as university foundations. Starting from the history, current situation and future development of university foundations, this paper proposes to fully understand the great significance of the new era and enhance the sense of mission in the work of university foundations; to deeply understand the connotation of the work and continuously deepen the understanding of the regularity of university foundations; to accurately grasp the development trend of the industry and continuously create a new situation for the development of university foundations. The industry-based university foundations should take the spirit of the 20th National Congress as the guide, combine the characteristics and discipline advantages of the university, focus on improving the quality of talent cultivation, scientific research and innovation level, and social service capacity, take multiple measures to comprehensively improve the governance capacity and contribute to the construction of a leading education country.