BEIJING, June 12 — China’s state planner said today it would jointly launch with China Construction Bank 300 billion yuan (US$46.88 billion, RM187 billion) worth of funds for investment in strategic and emerging industries <0939.HK><601939.SS>.
Industries for investment include information technology, advanced equipment, new materials and new energy vehicles, the National Development and Reform Commission said on its website. Most of the industries it mentioned are part of “Made in China 2025” initiative. — Reuters
