October 25, 2024 02:13 GMT
CHINA PRESS: Shenzhen To Promote Entrepreneurial Investment
CHINA PRESS
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China’s tech-hub Shenzhen has proposed establishing a group of funds worth several trillion yuan to promote entrepreneurial investment by 2026, with hundreds of billion for industrial and angel investing, Securities Times reported. The municipal government will promote insurance and asset management companies to invest in integrated circuits, biomedicine and artificial intelligence, as well as key industries including high-end equipment and new energy vehicles, the newspaper said.
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