{"id":1967772,"date":"2023-07-09T07:50:02","date_gmt":"2023-07-09T11:50:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-sets-wide-ranging-rules-for-2-9-trln-private-investment-funds\/"},"modified":"2023-07-09T07:52:08","modified_gmt":"2023-07-09T11:52:08","slug":"china-sets-wide-ranging-rules-for-2-9-trln-private-investment-funds","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-sets-wide-ranging-rules-for-2-9-trln-private-investment-funds\/","title":{"rendered":"China establishes comprehensive regulations for $2.9 trillion private investment funds."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fchina-sets-wide-ranging-rules-for-2-9-trln-private-investment-funds%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1967772&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<h2>China Publishes Regulations to Boost Private Investment Fund Sector<\/h2>\n<blockquote>\n<p>BEIJING (Reuters) \u2013 China published regulations on Sunday for the country\u2019s $2.<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-sets-wide-ranging-rules-for-2-9-trln-private-investment-funds\/\" title=\"China establishes comprehensive regulations for .9 trillion private investment funds.\">9 trillion private investment fund sector<\/a>, seeking to better protect investors and promote innovation.<\/p>\n<p>The new rules, signed by Premier Li Qiang and effective on Sept. 1, create a chapter specifically for venture capital funds, as policymakers encourage investment into innovative technology start-ups, said a statement from China\u2019s securities regulator and the justice ministry.<\/p>\n<\/blockquote>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">\n<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>\n<\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The statement addressed media questions on the new rules.<\/p>\n<p>The wide-ranging rules apply to private investment funds with different organisational forms such as contract, company and partnership. Private investment funds in China can invest in private equity or publicly traded securities.<\/p>\n<p>Core rules cover the obligations of fund managers and custodians, fund raising, identifying risk levels, supervision of venture capital funds, and overall supervision and management.<\/p>\n<p>The regulations have 62 items in seven chapters, the State Council said in a statement, according to state-run Xinhua news agency.<\/p>\n<p>As of May, 22,000 private investment managers had registered with the Asset Management Association of China, managing around 21 trillion yuan in 153,000 funds, the statement said.<\/p>\n<p>($1 = 7.2205 Chinese yuan renminbi)<\/p>\n<\/p>\n<p>(Reporting by Bernard Orr and Qiaoyi Li; Editing by William Mallard)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/china-sets-wide-ranging-rules\/attachment\/file-photo-illustration-picture-of-chinese-yuan-2\/\"><\/a><\/p>\n<\/div>\n<div class=\"entry-content\">\n<h3>Facebook Releases New Threads App Amidst Controversy<\/h3>\n<p>Facebook and Meta\u2019s Mark Zuckerberg releases new Threads app, which many say is a \u2018softer\u2019 version of rival Elon Musk\u2019s Twitter app, but the new app faces controversy.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<h3>Jeff Landry Leads in Louisiana Governor Race, Poll Shows<\/h3>\n<p>National Political Correspondent Neil W. McCabe interviewed pollster Doug Kaplan about his Kaplan Strategies poll showing Louisiana\u2019s Republican Attorney General Jeff Landry with a commanding lead in his race to be the next the next Pelican State governor.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<h3>Conservative Group Implodes Amidst Presidential Candidate Alignment<\/h3>\n<p>New reports allege that a top Conservative group is imploding, after it\u2019s been revealed that the founder is aligning herself with one presidential candidate.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<h3>Mark Zuckerberg Releases Rival Social Media App<\/h3>\n<p>Meanwhile, Mark Zuckerberg releases his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tusk-ceo-jeff-bermant-on-threads-launch\/\" title=\"Tusk CEO Jeff Bermant discusses Threads launch.\">latest social media app<\/a> to rival Twitter, In his feud with Elon Musk.<\/p>\n<\/div>\n<div class=\"entry-content\">\n<h3>Amazon Workers in Britain to Stage Three-Day Strike<\/h3>\n<p>By Anirudh Saligrama (Reuters) -Nearly 900 Amazon workers at a warehouse in Britain will stage a strike for three days in the\u2026<\/p>\n<\/div>\n<div class=\"entry-content\">\n<h3>Chinese Authorities Impose $984 Million Fine<\/h3>\n<p>By Julie Zhu and Jane Xu HONG KONG (Reuters) -Chinese authorities announced on Friday a 7.12 billion yuan ($984 million) fine for\u2026<\/p>\n<\/div>\n<div class=\"entry-content\">\n<h3>India&#8217;s AI4Bharat Raises $12 Million in Venture Capital Funding<\/h3>\n<p>By Yuvraj Malik (Reuters) \u2013 Researchers at India\u2019s AI4Bharat are raising $12 million from venture capital firms Peak XV and Lightspeed Venture\u2026<\/p>\n<\/div>\n<div class=\"entry-content\">\n<h3>Tesla Urges Stricter Vehicle Emissions Limits<\/h3>\n<p>By David Shepardson WASHINGTON (Reuters) -Tesla wants the Biden administration to finalize more <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-ntsb-probes-boeing-737-max-engine-fire-at-newark-airport\/\" title=\"The US NTSB investigates engine fire on Boeing 737 MAX at Newark Airport.\">stringent vehicle emissions limits<\/a> than those proposed in April\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>China has released regulations to safeguard investors and foster innovation in its $2.9 trillion private investment fund industry. Effective from September 1, the rules, endorsed by Premier Li Qiang, include a dedicated section for venture capital funds, aiming to encourage investment in technology start-ups.<\/p>\n","protected":false},"author":66,"featured_media":1967773,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1967772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1967772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1967772"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1967772\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1967773"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1967772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1967772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1967772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}