China invests $14.5b as technology development fund

In a move aimed at strengthening the future of technology in the country, the Chinese government has established a fund worth 100 billion yuan (nearly $14.5 billion) to invest, nurture and support internet companies. The government is also looking to help the country’s technological innovations and economic transformation into the oft quoted “Internet Plus” era. … Continue reading China invests $14.5b as technology development fund