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China Plans New Measures to Attract Venture Capital Investment

China plans to introduce fresh measures to encourage venture capital into the country’s technology sector, including from overseas. International investors will be able to set up yuan funds in China to facilitate domestic investments, while qualified institutions will be encouraged to issue corporate bonds and debt financing instruments to help fund their investments, the government said in a notice Wednesday. State-owned enterprises will also be urged to invest in industry leaders with advanced...

Read more at bloomberg.com

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