一区二区久久′,免费在线99,一区二区三区精品

China sets up $1.32B high-tech VC funds

(Agencies)
Updated: 2009-10-30 22:02

BEIJING: China's top economic planner said on Friday that it had launched venture capital funds totalling 9 billion yuan ($1.32 billion) jointly with several provincial governments and private investors to support the country's growing high-tech sector.

Investments will focus on electronic and information industries, the biological and pharmaceutical sector and environmental and energy-related projects, the National Development and Reform Commission, the powerful planning agency, said in a statement on its website (www.ndrc.gov.cn).

It said that seven provincial-level governments had joined the venture capital scheme: Beijing, Jilin, Shanghai, Anhui, Hunan, Chongqing and Shenzhen.

"The purpose of setting up the funds is to direct capital to invest in competitive high-tech enterprises and to improve their capacity for innovation," the statement said.

The money will be spread among a total of 20 venture capital funds. The central government contributed 1 billion yuan, local governments pitched in 1.2 billion yuan and the remainder came from private investors, Xinhua news agency said.

It did not provide any details about who the private investors were or about how the venture capital funds would be structured.

国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频