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.
- Beijing: Japanese fighter jets harassed pre-notified exercise zone
- Symphony of life in Yellow River Delta
- China unveils 2025-style police uniforms after 20 years
- Xi stresses strategic importance of work to raise minors' moral standards
- Verdict on Jimmy Lai is reached strictly in accordance with law and evidence: HKSAR govt
- Taiwan's Lai Ching-te slammed for selling war anxiety
