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Aggregated China Business Blogs
China To Establish $6.5B State Venture Fund To Drive Innovation
Aggregated Source: China Money Network
China's State Council has decided to establish a state venture capital fund with as much as RMB40 billion (US$6.5 billion) in capital to help support innovation and to upgrade its industrial sectors, according to a statement posted on the Chinese government's official website. The fund will utilize capital from the central government's fiscal budget and […]


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