China Starts State-Backed Venture Funds to Support Tech Startups

China has officially launched a national venture capital fund and three large regional funds, together worth billions of dollars, as part of a push to foster home-grown tech champions and improve investment efficiency.

China Starts State-Backed Venture Funds to Support Tech Startups
China has officially launched a national venture capital fund and three large regional funds, together worth billions of dollars, as part of a push to foster home-grown tech champions and improve investment efficiency.

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