According to reports, the China-EU Belt and Road Industry Fund was established in Guangzhou on July 12. The total fund size is expected to exceed 10 billion yuan. The fund will promote the "bringing in" of high-quality projects from Europe and the "going out" of high-quality enterprises in Guangdong Province, achieving two-way flow.
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It is reported that the Guangzhou Development Zone is the country's first China-EU regional policy cooperation pilot area. The China-EU Fund was jointly established by the Huangpu District Government, the Guangzhou Development Zone Management Committee and several investment companies. According to the agreement, the first phase of the fund is 2 billion.
Yuan, consisting of RMB funds and US dollar funds, each accounting for about half. The fund is a "parallel fund" and operates in the form of parallel independent fundraising, collaborative investment, independent operation, and respective returns and risks.
The US dollar fund of China Europe Fund will invest in European companies that have high-speed growth potential and are in line with the development strategies of Huangpu District, Guangzhou Development Zone and even the province. After the projects are introduced to the local area, the RMB fund will "follow up" and help them develop locally.
, to avoid "acclimatization", RMB funds will invest in outstanding enterprises in Guangdong Province and guide them to "go global."
The US dollar fund will invest in projects established by Chinese companies in Europe to help companies expand their business market space in Europe.
Experts said that the China-Europe Fund is the first overseas investment fund established since the release of the "10 Venture Capital Rules." In the future, the China-Europe Fund will introduce an international hospital and more than ten domestic and foreign high-tech projects to Guangzhou's Huangpu District and Development Zone.