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China (Guangzhou, Guangdong Province): Launch of Industry Investment Fund of Funds and Innovation Investment Fund of Funds with a total budget of CNY 200 billion

Description

On 19 February 2023, the People's Government of Guangzhou Municipality announced the launch of a CNY 50 billion (approx. USD 7.3 billion) Innovation Investment Fund of Funds. The fund will provide sta...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Feb 2023

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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