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blank.gif (49 bytes)12/01/1999, updated at 16:00        blank.gif (49 bytes)weather.gif (982 bytes)archive.gif (946 bytes)search.gif (947 bytes)

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IDG Adds Investment in China

  IDG will provide a risk investment of US$1 billion for China in seven years, which will help to establish 350 high-tech enterprises and create more than 400,000 job opportunities, according to a memorandum signed by IDG and Chinese Ministry of Science and Technology. This is aimed at supporting China's high-tech enterprises and provide a good opportunity for overseas Chinese students and scholars to develop themselves in the motherland.

  This investment shows that IDG is confident of China's future and satisfied with its long-term successful cooperation with China since 1980.

  

WorldNews 1999-01-12 Page7

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