Xinjiang's Tacheng secures 10bn yuan boost for modern industrial projects
By Mao Weihua and Guo Yanqi |
chinadaily.com.cn |
Updated: 2025-10-26 20:35
Share
Share - WeChat
A 10-billion-yuan ($1.4 billion) industrial fund was launched on Sunday in Beijing to boost modern industries in Xinjiang's Tacheng prefecture, a centerpiece of the Conference on Financial Support for High-Quality Industrial Development in Xinjiang's Border Areas.
The Tacheng High-Quality Industrial Investment Fund starts with an initial one billion yuan, jointly committed by Beijing Hangke Junfu Private Fund Management Center (LLP) and New China Asset Management Co., Ltd. It will adopt a parent-subsidiary structure, with seven sub-funds supporting enterprises at different stages of growth.
- China, CELAC vow to broaden education collaboration
- Sichuan amphibious ship returns after maiden sea trial
- Justice on horseback: bringing the court to Xinjiang's herders
- China issues alert on overseas study in Japan
- Chinese scientists discover lunar rust, revealing new oxidation process on the moon
- China's major airlines offer refunds and rebooking for Japan-bound passengers amid security alert
