China Launches $21 Billion Venture Capital Funds To Invest in 'Hard Technology' (reuters.com)
(Friday December 26, 2025 @11:24AM (msmash)
from the growing-focus dept.)
- Reference: 0180458165
- News link: https://slashdot.org/story/25/12/26/0641227/china-launches-21-billion-venture-capital-funds-to-invest-in-hard-technology
- Source link: https://www.reuters.com/sustainability/boards-policy-regulation/china-launches-venture-capital-funds-invest-hard-technology-state-media-report-2025-12-26/
An anonymous reader shares a report:
> China on Friday launched three venture capital funds to [1]invest in "hard technology" areas , state broadcaster CCTV reported. The capital contribution plans for the funds have been finalised, each with more than 50 billion yuan ($7.14 billion), according to the report. The funds will primarily invest in early-stage startups and the targets should be valued at less than 500 million yuan, an official said on Friday, adding that no single investment would amount to more than 50 million yuan.
[1] https://www.reuters.com/sustainability/boards-policy-regulation/china-launches-venture-capital-funds-invest-hard-technology-state-media-report-2025-12-26/
> China on Friday launched three venture capital funds to [1]invest in "hard technology" areas , state broadcaster CCTV reported. The capital contribution plans for the funds have been finalised, each with more than 50 billion yuan ($7.14 billion), according to the report. The funds will primarily invest in early-stage startups and the targets should be valued at less than 500 million yuan, an official said on Friday, adding that no single investment would amount to more than 50 million yuan.
[1] https://www.reuters.com/sustainability/boards-policy-regulation/china-launches-venture-capital-funds-invest-hard-technology-state-media-report-2025-12-26/
Definition? (Score:2)
by algaeman ( 600564 )
The funds' expected targets include firms focused on integrated circuits, quantum technology, biomedicine, brain-computer interfaces, aerospace and other key hard technologies. "Soft" technologies would include internet services.
Will they rebrand the "party" some day? (Score:4, Insightful)
Given such news I wonder for how long they want to stick with that "communist" label on their one ruling "party". Stuff like "Venture Capital Funds" does not really vibe with such name.
Re: (Score:3)
It is like having democratic in a country's name. Generally tracks with not actually being that. At this point dropping the communism would be strange because everybody grew up with it named that, but only the oldest actually remember it trying to be communist.
Today, China is rated as being easier to start a business in than the USA, and that is a problem.
Re: (Score:2)
Neither the USSR or China were ever really communist in the sense that Marx and other economic theorists proposed. They were always basic oligarchic dictatorships. They remain that today. True communism is probably impossible on a scale larger than the small village where everyone can meet, like the original kibbutzim in Isreal. which were truly communist. Everything other the personal items was owned in common.
True Communists (Score:2)
Ah, the no true Scotsman, er Communist, argument
Both countries were very much communist. It was only in the late 80s, that Deng Xiaoping tried to replace economic totalitarianism w/ more liberal policies, while maintaining political totalitarianism. Which is why when students thought that economic liberalism should lead to political liberalism, it ended up w/ Tiananmen Square. After that, China continued, and became quite liberal under Xiao Jemin and Hu Jin Tao. However, Xi Jin Peng is a true believer
Re: (Score:2)
Only in God's Own Country, "communist" is the opposite of"capitalist" or "free market" or "democracy"
Re: (Score:2)
> Only in God's Own Country, "communist" is the opposite of"capitalist"
Communism and capitalism are fundamentally incompatible by definition.
Re: (Score:1)
China is still largely capitalistic. The phrase "communist" has been bent so many ways over the years that it lost meaning.
China is Fascist, not capitalist (Score:2)
Actually, today's China is more Fascistic as far as the economy goes. All Chinese companies have to cooperate w/ the PLA in helping make the latter the world's most powerful military, even if it means violating other laws of other countries. That is about how it was done in Nazi Germany and Fascist Italy: government didn't nationalize all means of production, but did dictate to the private sector what it needed, how much to produce, prioritize what gets produced and so on