China’s State Council Looks to Form $6.5 Billion State Venture Capital Fund

Posted on 01/18/2015


The government of China is looking to create a government venture capital fund which may be capitalized at 40 billion yuan (US$ 6.5 billion). China is trying to maintain its relatively high economic growth rate and migrate toward medium to higher areas of manufacturing and services. The venture capital fund would be funded by existing […]