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National Development Bank and SIP Join Hands in Raising Venture Investment Fund

To support the development of SIP enterprises of innovation initiative, the National Development Bank and Suzhou Industrial Park have jointly founded a venture investment guide fund that amounts to 1 billion yuan RMB. The SIP authorities are planning to introduce into SIP at least 10 more venture investment institutions to increase the fund to 2.5 billion.

Mar. 22, 2006

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