China Launches CNY1 Trillion Venture Capital Fund to Power Hard Technology

China Launches CNY1 Trillion Venture Capital Fund to Boost Hard Technology

China on Monday launched operations of a national venture capital guidance fund with a target size of up to 1 trillion yuan (about $142.7 billion), marking a major policy move to channel long-term capital into early-stage and hard-technology and to scale advanced manufacturing and automation, where artificial intelligence and robotics are increasingly reshaping production models … Read more