The government of Beijing has established an RMB 30 billion ($4.6 billion) fund that will invest in high-level technology innovations worldwide, with plans to increase the corpus further to RMB 100 billion ($15 billion) in the future, according to a Xinhua report.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com