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New Exploration on Sci-tech Finance

To give a full play to the role of being “First to Do and First to Try” of Tianjin Binhai New Area in the new round of China’s reform &opening and independent innovation, and to build it into a modern manufacturing and research and development base, Tianjin Binhai New Area intensifies its efforts in establishing an investment and financing system for science and technology by initiating a governmental guidance foundation for start-ups and venture capital. On 7th December, the Administrative Committee of Tianjin Binhai New Area and China Development Bank jointly signed an agreement for establishing the foundation.