
Reuters:
Chinese state media: China launches three VC funds of $7.1B+ each to back early-stage “hard technology” startups valued below ¥500M, or about $71M — China on Friday launched three venture capital funds to invest in “hard technology” areas, state broadcaster CCTV reported.

Reuters:
Chinese state media: China launches three VC funds of $7.1B+ each to back early-stage “hard technology” startups valued below ¥500M, or about $71M — China on Friday launched three venture capital funds to invest in “hard technology” areas, state broadcaster CCTV reported.
Source: TechMeme
Source Link: http://www.techmeme.com/251226/p2#a251226p2