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Brief
On 07/03/2025, the Ticaret Bakanlığı issued an update regarding "China will establish national venture capital guidance fund". China's State Planning Commission Chairman Zheng Shanjie announced a government-backed fund worth 1 trillion yuan (approximately $138.01 billion) to support tech startups in the near future. The fund will focus on cutting-edge sectors such as AI, quantum technology, and hydrogen energy storage, investing in companies at the setup stage or newly founded ones using market-oriented methods.
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