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Author:Qi, Xinyu
Title:The problems in the development of risk investment in China and countermeasures (original in Chinese)
Journal:Technical Economy (c)
1995 : 6, p.30-32
Index terms:INVESTMENT
RISK
CHINA
Language:chi
Abstract:As early as the late 1970s when China began to carry out reform and opening up , the infiltration of high tech into industries was conceived, but it started with "863" and Torch Programs in the middle of 1980s. In Sept. 1985, "China High-Tech Pioneering Investment Corporation", the first national financial institution specializing in risk investment in China's mainland was established. By the end of 1990, this corporation had a total of 1.4 billion yuan in assets. Afterwards, this kind of corporations were also set up in some areas. But they are still in the infant development stage at present.
SCIMA record nr: 142118
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