$440 million venture fund launched to help SMEs
November 26th, 2008
The China Association of Small and Medium Enterprises (CASME) said on it website on Nov 24, it has launched venture investment fund of 3 billion yuan ($440 million) to help SMEs raise capital. The fund will be established by the end of this year.
Beside this, according to CASME, other efforts include the joint issue of an SME corporate bond with the Liaoning provincial government and the founding of a bank with a planned registered Read more…
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