China to Set up National Venture Capital Guidance Fund, State Planner Says
- Posted on March 6, 2025
- By Google News
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China to Set up National Venture Capital Guidance Fund, State Planner Says
BEIJING (Reuters) - China will set up a government-backed fund in the near future that will mobilize 1 trillion yuan ($138.01 billion) from social capital to support technology startups, Zheng Shanjie, the head of China's state planner, said on Thursday. The "national venture capital guidance fund"