search query: @journal_id 1434 / total: 20
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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. |
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