Guangdong issues new rules to encourage state-owned VCs

Guangdong issues new rules to encourage state-owned VCs

Woman holds Chinese Yuan banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Guangdong province has issued regulations to encourage state-owned venture capital (VC) firms to invest, part of China’s broader efforts to boost the industry.

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