China Launches $4.8B Green Ecological Silk Road Fund

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China has launched a private equity fund to invest in solar panel construction, clean energy and ecological remediation projects to improve the environment of the Silk Road Economic Belt, according to announcements made at a press conference held in Beijing.

The Green Ecological Silk Road Investment Fund has an initial capital of RMB30 billion (US$4.8 billion) from eight Chinese enterprises, including Elion Resources, China Oceanwide, Chint Group, Huiyuan Juice, Macrolink, JuneYao, Ping An Bank, and Sino-Singapore Tianjin Eco-City.

China Money Network

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