China launches RMB 100 billion national VC fund
Subscribe to keep reading.
Trivium Tech keeps you briefed on the latest developments in China tech policy.
Already a subscriber? Log in.
What happened: On December 26, the National Venture Investment Guidance Fund held its inaugural ceremony. Some background: The point of this fund is to introduce more patient capital into China's VC ecosystem.
In other words, the fund is supposed to take longer-term risks and support project...