Global Trade Alert
Global Trade Alert

China (Putuo District, Shanghai): Launch of the CNY 5 billion Science and Technology Innovation Fund

Announcement

03 Jan 2023

In January 2023, the Putuo District Government in Shanghai disclosed the launch of the CNY 5 billion Banma Suhe Science and Technology Innovation Fund to support the intelligent software, R&D services, life health, science and technology finance sectors.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Jan 2023

Revocation date:

No revocation date

Updated: 03 Jan 2023
Capital injection and equity stakes (including bailouts) In force

On 3 January 2023, the Putuo District Government in Shanghai disclosed the launch of the CNY 5 billion (USD 724.8 million) Banma Suhe Science and Technology Innovation Fund ("半马苏河科创基金"). The stated...

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