New Consumption Investment Fund
First launched by the Sino-European Manufacturing Club, the New Consumption Investment Fund is worth 1 billion RMB with an initial contribution of 500 million RMB, 30% of which comes from support by Chinese local governments, 20% from overseas and 50% from fundraising. The fund focuses on the new consumption market in China with its main investments focused on fields such as alcoholic drinks, innovative beverages and condiments.
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