China's top economic planner released measures to promote high-quality VC investment, focusing on capital sources, exit mechanisms, and market environment for tech innovation.
China's top economic planner released measures promoting high-quality development of venture capital (VC) investment, focusing on expanding capital sources, improving exit mechanisms, and optimizing market environment to support scientific and technological innovation. VC is key for the virtuous cycle of technology, industry, and finance, and crucial for the rapid growth of "little giant" businesses and unicorn companies.
June 27, 2024
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