The launch of a huge government-backed investment fund signals Beijing’s renewed ambitions to support industries from AI to biotech.
Signage at the Xiaomi stand during the China Mobile Global Partner Conference in Guangzhou, December 7, 2018. Credit: Depositphotos
A boom in Chinese investment into deep tech investments is getting underway just as the U.S. government appears to be throttling its backing for scientific enterprise.
Comments made by Zheng Shanjie, the head of China's National Development and Reform Commission, at a news conference on the economy, March 6, 2025. Credit: SCIO
With the announcement of a venture capital government guidance fund, set up by China’s National Reform and Development Commission at this year’s ‘Two Ses
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