Global Trade Alert
Global Trade Alert

China: Establishment of $6bn venture capital fund for 'emerging industries' confirmed

Announcement

25 Aug 2016

August 25th, 2016 - An announcement from the PRC National Development and Reform Commission officially confirmed that a national venture capital fund for the investment in 'emerging industries' was established, with a total value billed at USD 6bn.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Aug 2016

Revocation date:

No revocation date

Updated: 25 Aug 2016
Financial investment support In force

On 25 August 2016, an announcement from the government of China confirmed the establishment of a fund with a total lending volume of CNY 40 billion (USD 6 billion). The fund is a public '...

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