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EconomyChina prepares next phase of national SME fund to boost tech start-ups and IPOs

China is preparing to launch the second phase of its National SME Development Fund, prioritising IPO incubation and directing private capital toward innovative early-stage companies and hard-tech projects with long-term potential. The phase was confirmed alongside a 15th five-year plan for SME development issued by the Ministry of Industry and Information Technology and nine other agencies.

ChinaSMEstech start-upsIPOs

SSouth China Morning Post★★★☆☆2026-09-03 12:37Original

China prepares next phase of national SME fund to boost tech start-ups and IPOs
China prepares next phase of national SME fund to boost tech start-ups and IPOsEconomy