China Launches Three National Venture Capital Funds Totalling Over $21 Billion for Technology Development
Published on: Dec. 26, 2025, 7:33 p.m. | Source: scanx.trade
China launched three national venture capital funds on December 26, each exceeding 50 billion yuan ($7.10 billion) for a total of over $21 billion, aimed at achieving technology self-reliance. The funds will dedicate 70% of resources to seed and early-stage companies, with maximum investments of 50 million yuan per company. Established across three key economic regions under NDRC and Ministry of Finance guidance, the funds target emerging sectors including integrated circuits, aerospace, and biomedicine through 49 sub-funds and 27 direct projects.
