(In Chinese only)National Venture Capital Guiding Fund Launches, Greater Bay Area Fund Lands in Shenzhen
The national Venture Capital Guiding Fund has been launched, with its sub-fund, the Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guiding Fund, established in Shenzhen. The fund, with a target scale exceeding RMB 50 billion and a lifespan of 20 years, aims to provide patient capital to support early-stage and startup companies in hard-tech sectors such as integrated circuits and artificial intelligence, injecting key financial momentum into building the Greater Bay Area into an international science and technology innovation hub.
People’s Government of Guangzhou Municipality