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China boosts financing support for smaller innovative tech companies

Summary by Blue Water Healthy Living
BEIJING (Reuters) -China will enhance support for small and medium-sized technology enterprises through its national financing guarantee fund, the finance ministry said on Friday, in a bid to leverage more funding for the technology and innovation sector. Beijing is working towards achieving technological self-reliance and is fostering innovation in key industries. For tech-innovative small and medium-sized enterprises (SMEs), the risk-sharing …

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