China's Quest for Innovation
All Things Policy
00:00
The Advantages and Disadvantages of Chinese Government Guidance Funds
As of 2020, about 1,700 such funds have been set up by different entities. The target size of these is about 1.5 trillion US dollars. There are concerns regarding they are not very efficient and there is a lot of redundancy. They also don't really invest in early-stage companies because it is from the government.
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