Ron Burgundy Posted January 22, 2017 Share Posted January 22, 2017 By Dominique Patton BEIJING (Reuters) - China has set up a 100 billion yuan ($14.55 billion) fund to support investment in the internet sector, said official news agency Xinhua on Sunday. The fund, backed by China's cabinet, is designed to help turn China into a major player in internet technology, said the report. An initial 30 billion yuan has already been raised from major banks and telecoms firms including ICBC, China Mobile and China Unicom. View the full article Quote Link to comment Share on other sites More sharing options...
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