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China to set up national venture capital guidance fund, state planner says

Upworthy Thursday, 6 March 2025 ()
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" - an investment…
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