日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

VC fund to back Binhai economic zone

(Xinhua)
Updated: 2007-12-25 09:53

The China Development Bank (CDB) and the Tianjin Binhai New Area (TBNA) signed an agreement to set up a venture capital fund to boost high-technologies start-ups in the fastest-growing economic zone in North China.

Related readings:
Binhai base for technology transfer
Binhai singled out as country's next economic engine
Tianjin's Binhai New Area, Tangshan sign cooperation agreement
Tianjin's Binhai area pilots insurance reforms

Tianjin's Binhai New Area produces 10 percent of world's mobile phones

The Ministry of Science and Technology (MOST) website, www.most.gov.cn, released Monday the joint efforts to kick off the first government-backed venture capital worth two billion yuan (US$270 million) with equal contributions from the CDB and the TBNA.

The government venture capital corporation is organized within the prevailing corporate framework of Western countries, with a stakeholders' meeting, a board of directors and a supervisors committee, the website said. It also has an investment decision committee and a risk management committee which are expected to try to reach sound investment decisions and control business risks.

Pi Qiansheng, a vice-ministerial official who heads the TBNA administration, said the government funded and operated venture capital would primarily perform as fund of funds, an investment fund that uses an investment strategy of holding a portfolio of other investment funds rather than investing tangible projects.

Pi said that the fund of funds will choose both domestic and overseas outstanding venture capital funds, including private equity funds, to invest. Those selected venture capital funds in partnership will be asked to prioritize their investment portfolio in high-technologies start-ups based in the TBNA. The preferred business areas would be electronics, bio-engineering, new materials, new energy, environmental protection and automated manufacturing.

Pi said the venture capital corporation has a full strategy, including entry and exit plans, for future investment, the website said.

"Our ultimate goal is to push the most competitive start-ups in the area to get a public listing either in home or overseas stock exchanges," Pi said.

The TBNA, consisting of the major ports and tariff-free warehouse areas in Tianjin, has more than 6,300 companies, including over 70 joint ventures with the world's top 500 companies.

The CDB, a policy bank founded by the central government in 1994, is now active in providing venture capital funds in the most rapid growing cities in China. It provides funds for other venture capitals which are interested in investing in rising industries in Beijing, Shanghai, Suzhou, Wuhan and Xi'an.

The Chinese government encourages companies, both State-owned and private-owned, to become the primary forces of innovation. The government dishes out more and more funds of funds and seed funds, which are provided to help a business develop an idea, create the first product, and market the product for the first time.

The MOST is now organizing a nationwide survey on innovation capabilities and competitiveness of start-up businesses. The survey, according to MOST officials, is expected to help understand more precisely how much those fund-thirsty start-ups need.


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 亚洲综合福利 | 天天色天天色 | 国产精品mm| 国产一区二区色 | 精品久久久久久亚洲 | 最新av在线免费观看 | 国产 日韩 欧美 在线 | 大桥未久在线 | 久久久888 | 精品国产乱码久久久 | 日本一区二区三区四区视频 | 三级福利片 | 国产又黄又爽又无遮挡 | 欧美黄色一级 | 国产福利免费观看 | 亚洲一区二区三区在线观看视频 | 国产成人精品视频在线 | 欧美黄色片在线观看 | 视频在线亚洲 | 欧美日韩一级在线 | 国产福利午夜 | 亚洲国产视频网站 | 97潮色| 色区视频 | 中文字幕在线看片 | 一区二区三区国产在线 | 亚洲欧美综合视频 | 少妇视频一区二区 | 久久亚洲综合色 | 欧美一区二区在线视频 | 91精品啪 | 欧美黄色一级 | 我我色综合 | 亚洲欧美一区二区三区四区 | 日韩午夜在线 | www.国产91 | 一级黄网站| 国产高清在线免费观看 | 日韩三区在线 | 91麻豆成人 | 一区二区视屏 |