China’s hi-tech manufacturing sector is set to get an extra US$7 billion in state funding. Photo: Xinhua

China looks to raise an extra US$7.1 billion to support hi-tech manufacturing

  • Advanced Manufacturing Industry Investment Fund was set up in 2016 to support ‘Made in China 2025’ plan
  • Second phase funding target represents a 150 per cent increase on first round
Topic |   Made in China 2025

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China’s hi-tech manufacturing sector is set to get an extra US$7 billion in state funding. Photo: Xinhua
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