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's self-developed technology advances its high-speed railways
- Erhai Lake locals prosper from improved environment
- Doctor injects child with improperly stored drug at Chongqing hospital
- Xi's special envoy attends forum dedicated to Intl Year of Peace and Trust in Turkmenistan
- Memorial ceremony remembers victims of Nanjing Massacre
- Louvre's largest showcase in China goes on display at Museum of Art Pudong in Shanghai
