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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