www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

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: 国产精品亚洲成在人线 | 性欧美视频a毛片在线播放 性欧美一级 | 国产uv1区二区三区 国产va免费精品高清在线观看 | 久久国产高清 | 日韩一级性生活片 | 日本在线亚洲 | 欧美整片在线观看 | 亚洲欧美精品中字久久99 | 99精品国产在现线免费 | 97视频在线观看免费播放 | 欧美国产精品不卡在线观看 | 波多野一区二区三区在线 | 99爱视频精品免视看 | 国产成人三级经典中文 | 操亚洲| a一级毛片免费高清在线 | 97夜夜操 | 男女免费视频 | 91 久久| 亚洲国产一区在线二区三区 | 色拍拍在精品视频69影院在线 | 久久国产精品亚洲 | 玖玖在线国产精品 | 国产盗摄一区二区 | 国产欧美久久久另类精品 | 香港一级特黄高清免费 | 日韩欧美色综合 | 国产精品一区二区三区高清在线 | 亚洲天堂小视频 | 色婷婷激婷婷深爱五月老司机 | 国产一区二区免费在线观看 | 久久精品午夜视频 | 美国一级毛片片aa免 | 亚洲视频精品在线 | 国产精品中文 | 亚洲国产成a人v在线 | 久久精品无遮挡一级毛片 | 欧美黄色特级视频 | 一个人看的www日本视频 | 男子操女子 | 九九99九九视频在线观看 |