š Beijing Unveils National Venture Capital Guidance Fund
In a major move to solidify its āpatient capitalā strategy, China officially launched the National Venture Capital Guidance Fund on December 26. This isnāt just another state fund; it is a structural overhaul of how Beijing intends to finance the next generation of industrial powerhouses.
The Core Mission: Beyond āQuick Winsā
The fund is designed to steerā¦
