Financials Oct 23, 2021 09:13 PM (GMT+8) · EqualOcean
Financial Associated Press, October 23 (Xinhua) -- Chongqing Municipal Bureau of finance, Chongqing Municipal Bureau of Finance and Chongqing Municipal Bureau of science and technology recently jointly issued the notice on encouraging private investment funds to support scientific and technological innovation to reward private investment funds for investing in scientific and technological innovation, so as to encourage private investment fund managers inside and outside Chongqing to actively support the development of local scientific and technological innovation enterprises. The notice specifies that the reward object is "the private investment fund manager who has completed the registration with China Securities Investment Fund Association, and has invested in scientific and technological innovation enterprises in Chongqing by means of equity investment from January 1, 2021 to December 31, 2025, or invested in foreign scientific and technological innovation enterprises to settle in Chongqing." the reward standard is based on the total investment in the reward year (deducting the contribution of governments at all levels and state-owned enterprises in Chongqing), 1% of the total reward will be given, and the cumulative reward of the same fund manager shall not exceed 10 million yuan.

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