Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Beijing, March 6 (Xinhua) — China is set to establish a national mergers and acquisitions fund in 2026 to smooth the exit path for venture capital investments and improve the efficiency of capital circulation, Zheng Shanjie, head of the National Development and Reform Commission (NDRC), announced on Friday.
The fund is designed to channel and attract more than 1 trillion yuan (about 145 billion US dollars) in investments from various sources, the official said at a press conference during the 4th session of the 14th National People's Congress. -0-
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