March 14, 2021
What China's five-year plan could mean for venture capital's tech sectors
Source: Yahoo! Finance
Journalist James Thorne
China recently unveiled its strategic economic vision for the next five years in a lengthy plan that could help shape the direction of high-tech industries laden with venture capital-backed startups.
The country's 14th five-year plan calls for increased investment in a number of emerging sectors, from cryptocurrencies to quantum computing. It also makes clear that the Chinese government wants to continue attracting foreign capital by loosening restrictions in certain industries and reforming its domestic stock exchanges.
Read the full story and more from Yahoo! Finance.