A delegation from the Chengdu Economic & Technological Development Zone visited E-Town Capital on April 27. 

Wang Xiaobo, general manager of E-Town Capital, welcomed the delegation with a brief introduction to E-Town Capital’s current business models, highlighting the company’s Fund of Funds (FoF) program. 

The FoF program is an emerging industry fund set up by E-Town Capital in 2013. The fund supports strategic emerging industries in the Beijing Economic-Technological Development Area (E-town). Worth a total of 274.8 billion yuan ($42.17 billion) in 2015, the fund has invested in 139 projects. 

The Chengdu Economic & Technological Development Zone was approved as a national-level development zone in 2000. Zhang Ming, top official of the zone, has called for partnership with E-Town Capital to boost regional economic development.

Officials from E-Town Capital and the Chengdu Economic & Technological Development Zone hold a meeting to boost regional economic development on April 27. [Photo/etowncapital.com]