16:53 - 26.12.2025

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December 26, Fineko/abc.az. The Chinese authorities have created a 1 trillion yuan ($142 billion) state-owned venture fund to invest in advanced technologies.

ABC.AZ informs that the authorized capital of the fund is 100 billion yuans ($14.2 billion). The Fund encourages participation of local authorities, enterprises, financial institutions and private capital, supports start-ups, introduces innovations into the real sector and helps diversify risks in the technology industry.