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China Launches $47.5 Billion Investment Fund to Invest in Semiconductor in China, 3rd Fund under the China Integrated Circuit Industry Investment Fund, China Finance Ministry Owns 17% & China Development Bank Capital Owns 10.5%, 5 Major Banks with 6% Ownership Each are Industrial & Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China and Bank of Communications
30th May 2024 | Hong Kong
China has launched a $47.5 billion investment fund to invest in semiconductor in China, and is the 3rd fund under the China Integrated Circuit Industry Investment Fund. China Finance Ministry owns 17% & China Development Bank Capital owns 10.5%, and 5 major banks with 6% ownership each (Industrial & Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China and Bank of Communications).
“ China Launches $47.5 Billion Investment Fund to Invest in Semiconductor in China, 3rd Fund under the China Integrated Circuit Industry Investment Fund, China Finance Ministry Owns 17% & China Development Bank Capital Owns 10.5%, 5 Major Banks with 6% Ownership Each are Industrial & Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China and Bank of Communications “
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China Launches $47.5 Billion Investment Fund to Invest in Semiconductor in China, 3rd Fund under the China Integrated Circuit Industry Investment Fund, China Finance Ministry Owns 17% & China Development Bank Capital Owns 10.5%, 5 Major Banks with 6% Ownership Each are Industrial & Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China and Bank of Communications
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