BEIJING, Dec 26 (Reuters) – China on Friday launched three venture capital funds to invest in "hard technology" areas, state broadcaster CCTV reported. The capital contribution plans for the funds have been finalised, each with more than 50 billion yuan ($7.14 billion), according to the report. Hard technology refers to areas including semiconductors over "soft" technology such as internet services. ($1 = 7.0070 Chinese yuan) (Reporting by Beijing newsroom; Editing by Himani Sarkar)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
Surat (Gujarat) [India], February 18: Ventura AirConnect, Surat’s own regional airline, has launched flights connecting…
Jaipur (Rajasthan) [India], February 17: As Artificial Intelligence increasingly shapes everyday life, questions around its…
Lucknow (Uttar Pradesh) [India], February 16: Lucknow is undergoing a quiet but decisive transformation. Known…
New Delhi [India], February 17: Vast, the company developing next-generation space stations, has signed an…
Report Highlights Stepped Up Engagement in India New Delhi [India], February 17: The PCI Security…
Indore (Madhya Pradesh) [India], February 17: The Indian Institute of Management Indore, in collaboration with TimesPro,…