Hungarian companies can tap HUF 1 bln Chinese fund

Deals

Shandong Province and the city of Linyi, in China, are launching a HUF 1 billion venture capital fund to support orders for Chinese goods by Hungarian companies, Zsolt Takács, managing director of investment coordinator CECZ Közép-Európai, said on Thursday. Companies interested in tapping the fund's resources can get more information at China SMart Expo 2013, at Budapest China Mart, on June 13-15, Takács said. More than 200 Chinese companies in machinery, electronics and light industry are expected to participate at the fair, he added.

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