Chinese state-owned investment company Chengdu Jiaozi Financial Holding Group is planning to launch an industry development fund worth at least RMB10 billion (US$1.47 billion) to invest in the key industries prioritized by the local government in southwestern China’s Chengdu city, according to a report published by China’s local party newspaper Chengdu Daily on January 19. […]

Southwestern China’s Chengdu City To Collect $1.47B For Key Industries Development appeared first on China Money Network.