Beijing: Continuously promote the empowerment of enterprise development in the information technology industry by municipal and district government-guided funds and market-oriented funds.
Notice of the Beijing Economic-Technological Development Area Administrative Committee on Issuing the Several Measures of the Beijing Economic-Technological Development Area on Accelerating the Building of a High Ground for Open-Source and Open Xinchuang Industry. It mentions: Continuously promote municipal and district government guidance funds and market-oriented funds to empower the development of enterprises in the information technology industry field, and rely on industry funds, science and innovation funds, merger and acquisition funds, etc., to increase the supply of science and technology finance. Encourage enterprises to use capital market tools such as mergers and acquisitions and restructuring to enhance their industrial chain integration capabilities, focus on their main business, and become better, stronger, and larger.
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