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China Focus: China to expand opening-up of VC investment
China will expand the opening up of venture capital (VC) investment by revising regulations and boosting accessibility for foreign investors, according to a raft of measures unveiled by the State Council, as the country aims to develop patient capital.
June20,2024
China-built Corridor Vc highway section opens in South BiH
A subsection of a new highway in Bosnia and Herzegovina (BiH), constructed by a consortium of Chinese and Azerbaijani companies, opened on Thursday.
September06,2024
China's recovery broadens as economic activities continue to normalize: WB
China's recovery has broadened as its economic activities have continued to normalize under the country's effective suppression of COVID-19, the latest report published by the World Bank (WB) said on Tuesday.
June30,2021
China's rebound "additive" needed to promote global growth in 2023: WB president
China's economic rebound is an "additive" needed for a year like 2023 where global growth is expected to be weak, said World Bank Group President David Malpass on Thursday.
April14,2023
China continues robust VC financings in Q3: KPMG report
China's mainland recorded robust venture capital (VC) activities in the third quarter, with artificial intelligence (AI) and automotive engineering the key areas of investment, according to a report released by international auditing firm KPMG.
October12,2017
China 2018 VC investment hits record high: report
China's venture capital (VC) investment reached a record high in 2018 as a string of big deals led by tech giants drove up market volume, a report showed.
February01,2019
WB urges Indonesia to double investment in infrastructure
The Indonesian government needs to double spending on infrastructure to 500 billion U.S. dollars in five years, a top official of the world bank said here on Tuesday.
July26,2017
Laos, WB launch 5-year partnership framework
The World Bank Office in Vientiane has presented the bank's Partnership Framework for Laos 2017-2021, local daily Vientiane Times reported on Thursday.
May25,2017
State Council to refine tax incentives for VC firms
China will introduce more income tax incentives to drive entrepreneurship and innovation, the State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.
December13,2018
State Council to refine tax incentives for VC firms
China will introduce more income tax incentives to drive entrepreneurship and innovation, the State Council executive meeting chaired by Premier Li Keqiang decided on December 12.
December14,2018
China beomes focus at IMF/WB annual meetings
From economic growth, financial risks, currency internationalization to the Belt and Road Initiative, China was frequently mentioned by financial officials at the just-concluded annual meetings of the International Monetary Fund (IMF) and the World Bank.
October16,2017
Myanmar, WB extend partnership agreement for development aid
Myanmar and the World Bank Group have renewed an agreement of the Country Partnership Framework (CPF), extending it to two more years to help the country end extreme poverty and promote inclusive growth especially in rural areas.
June27,2017
China VC investment hits record high in 2017: KPMG
Venture capital (VC) investment in China reached a record high of over 40 billion U.S. dollars in 2017, up 15 percent year on year, an industrial report showed.
January22,2018
GLOBALink | China remains key contributor to world's sustainable growth, says WB President
World Bank President Ajay Banga was wowed by China's environmental protection and sustainability efforts after visiting a village in north China's Hebei Province, calling for joint efforts for sustainable growth.
March25,2024
China VC investment hits record high in 2017: KPMG
Venture capital (VC) investment in China reached a record high of over 40 billion U.S. dollars in 2017, up 15 percent year on year, an industrial report showed.
January22,2018
Sub-Saharan Africa 2017 growth to quicken to 2.9 pct: WB
The World Bank said sub-Saharan Africa economy is expected to pick up modestly to 2.9 percent in 2017 as the region continues to adjust to lower commodity prices.
January12,2017
Chinese overseas acquisitions continue despite global decline in VC funding: report
Global venture capital (VC) investment declined in the third quarter of this year, but Chinese VC investors continued to actively look for overseas acquisitions, according to a recent report.
October17,2016
Bangladesh, WB sign 113 mln USD to modernize weather, hydrological information systems
The Bangladeshi government has signed a 113 million U.S. dollars financing agreement with the World Bank (WB) to modernize the country's meteorological and hydrological information systems.
April06,2017
Think positive about Brexit, Leicester VC tells British universities
As Britain heads towards leaving the European Union (EU), British universities need to think positively about a future outside the bloc, the President & Vice-Chancellor of the University of Leicester told Xinhua in a recent interview.
July05,2018
TCL plans to invest 25 mln USD in new VC fund
China's leading home appliance manufacturer TCL Corporation plans to invest 25 million U.S. dollars in California-based venture capital fund Sierra Ventures XII, L.P., according to a company announcement.
March29,2019
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