A unit of Innovation Works, an early stage venture firm founded by former Google China head Kai-Fu Lee, has established a public–private partnership fund in Xiamen and received investment from government-led Xiamen Industry Guidance Fund, according to Chinese media reports. The Xiamen Industry Guidance Fund will inject capital in the new fund to take a […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.