On the afternoon of September 9, the Xiamen Industrial Chain Development and Innovation Fund in total size of 5 billion yuan was inked and launched. The fund signing was concluded by Xiamen Municipal Bureau of Finance in collaboration with CCIG, with 6 prospective enterprises entering into cooperation agreements with the area where the fund is implemented. Featuring a new investment promotion model by being fully connected with CCIG's portfolio of projects, the fund will focus on investing in projects implemented in Xiamen, which have high economic contribution, high growth, and high added value and are related to Xiamen's "4+4+6" modern industrial system. Since 2017, CCIG has launched a total fund of over 80 billion yuan in Xiamen, bringing to Xiamen more than 50 high-growth projects such as Li Auto, Neolix and JUSDA, and nearly 50 leading funds such as Vertex and CDH. Up to now, Xiamen's fund industry has grown to over 380 billion yuan.
