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$1.5 Billion Fund to Aid VC/PE Investment in Beijing’s Zhongguancun Park

publication date: Jan 6, 2010
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Beijing has established a 10 billion RMB ($1.5 billion) fund to encourage investment by venture capital and private equity firms in companies located in Beijing's Zhongguancun Science Park. At the same time, Beijing will allow foreign PE firms to apply for the same preferential tax treatment accorded to domestic firms, and it set lower capital requirements for the foreign investment firms. More details...

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