Nanjing zone seeks cooperation with E-Town Capital
A delegation led by Shen Yinlong, a top official of Nanjing Development Zone, visited E-Town Capital on April 10, seeking cooperation to boost regional economic development.
Wang Xiaobo, general manager of E-Town Capital, extended his welcome to the delegation at a meeting held between the two parties. Wang gave a brief introduction to the history, main businesses, and strategic version of the company, and highlighted the introduction of a program they call Fund of Funds (FoFs).
FoFs is an emerging industry fund set up by E-Town Capital in 2013, which has become a "fund of funds" to support strategic emerging industries in Beijing Economic-Technological Development Area (E-town). It had a total of 274.8 billion yuan ($42.17 billion) in funds by the end of 2015, and has invested in 139 projects.
Shen Yinlong gave an introduction to the development of Nanjing Development Zone, one of the top 10 national-level development zones in China, and spoke highly of E-Town Capital’s FoFs. Shen hoped to strengthen ties with E-Town Capital to boost regional development.
Officials of E-Town Capital met with a delegation from Nanjing Development Zone to discuss further cooperation to boost economic development on April 10. [Photo/etowncapital.com]