Beijing’s municipal government has launched Beijing Capital Group, an new investment firm to foster the technological innovation of China’s state-owned enterprises (SOEs) and the country’s high-tech industry, with joint effort from local governments and government-backed firms. Beijing authorities are yet to disclose the size of the investment vehicle, reported Beijing Daily quoting Assets Supervision and […]

Beijing Creates Investment Vehicle To Spur High-Tech Innovation In The Country appeared first on China Money Network.