The Chinese Ministry of Finance announced, on September 9th, a new policy which will provide funding for venture capital investment firms targeted at startups in designated clean-tech sectors.  The government will contribute up to 20% of funding which is aimed at supporting small start-ups in the designated sectors.  The policy is intended to accelerate the development of the country's clean-tech sector.

Read More:

An article on Reuters.com
Further analysis at GigaOm

 

All News Posts