China Private Equity Fund approval of decentralization
November 16th, 2007GUANGZHOU (Fund China) - Subsided for a few months, China Private Equity Fund have called the Industrial Investment Fund, in early November to become active again.
The National Development and Reform Commission (NDRC), People’s Republic of China first approved in the end of 2006 to set up the Bohai Industrial Investment Fund , in this year’s early November made a first investment in two other projects have also made substantial gains. This year has approved the second installment of Industrial Investment Fund ( Suzhou New High-Tech Industrial Investment Fund, Shanghai Financial Fund, Shanxi Energy Fund and Guangdong Nuclear Fund, Sichuan Mianyang High-Tech Industrial Fund), also ran in selected fund managers, funds the form has been gaining momentum.



