IN BRIEF (Page 18)

Training fund for entrepreneurs

Shenzhen officials have launched the city's first social impact fund - the Entrepreneur Education Impact Fund - to finance innovation training for budding entrepreneurs. Fang Tao, secretary-general of the Shenzhen Charity Federation, said instead of simply donating cash to worthy causes, companies should be encouraged to offer skills and training linked to their own development experiences and strategies. Joining Fang was Mark Schwartz, chairman of Goldman Sachs Asia-Pacific, who said: "This kind of investment means using private funding to help meet key public requirements, as well as creating opportunities. Investors enjoy a double return: economic reward and positive social impact."

2015 warm-clothing initiative kicks off