A modern agricultural venture capital alliance composed of 26 well-known venture capital institutions in China was established on the 26th in Yangling, the “Agricultural Silicon Valleyâ€. It is reported that this is the first venture capital alliance dedicated to modern agriculture in China. The alliance was initiated by more than 20 venture capital institutions such as China Hatching Venture Capital Co., Ltd., Shenzhen Point Investment, Xi'an High-tech Industry Venture Capital Co., Ltd., and Shenzhen Oriental Fuhai etc., and the Yangling Agricultural High-tech Industrial Demonstration Zone Management Committee. On the day of its establishment, the first project promotion event was held. It is understood that the alliance will rely on the institutional and policy advantages of the Yangling Demonstration Zone to introduce venture capital resources, carry out project exchanges, promotion and investment activities, build a platform for cooperation between venture capital institutions and agricultural enterprises, and establish a long-term mechanism for the integration of science and technology finance to ease modernization. The "bottleneck" of agricultural funds promotes the development of modern agriculture. The Alliance will establish a project information base, regularly publish to the Alliance members, recommend outstanding companies, project information, and achieve information sharing; accept the commission of members to seek qualified companies or projects. Zhang Satellite, deputy director of the Torch Center of the Ministry of Science and Technology, said that in recent years, China's local venture capital has achieved rapid development. As of the end of 2010, there were 720 entrepreneurial venture capital institutions in China with total management capital of approximately RMB 240.6 billion. However, relatively few venture capital institutions invest in agriculture. Juice Cups,Plastic Juice Cup,Juice Cups With Lids,Portable Juice Cup Zhongshan Lianwei Electrical Technology Co., Ltd. , https://www.lwwaterpump.com
26 domestic venture capital agencies "align" modern agriculture