Beijing launches $4.6b fund to invest in tech innovation: Report

Beijing launches $4.6b fund to invest in tech innovation: Report

Beijing, China. Photo: zhang kaiyv/unsplash

The government of Beijing has established an RMB 30 billion ($4.6 billion) fund that will invest in high-level technology innovations worldwide, with plans to increase the corpus further to RMB 100 billion ($15 billion) in the future, according to a Xinhua report.

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