China launches “Belt and Road” mining industry development fund

Stockholm, June 10 (Greenpost) – China launched the first private equity fund for “Belt and Road” mineral resources and related industries in Beijing on Tuesday.

The “Belt and Road” mining industry development fund targets to raise 10 billion yuan before the end of this year.

The raised fund would be invested in quality mineral resource, infrastructures and related industrial chain projects in countries along the Silk Road economic belt, each with investment of no more than 200 million yuan. (Edited by Li Xiaohui, lixh@xinhua.org)

Source Xinhua