Shenzhen administration supported the launch of the Fund for investments in bloc

[Perka]

The authorities of the Chinese city of Shenzhen, following their colleagues from Hangzhou, supported the Fund for investments in blockchain startups.

This was announced on Sunday at an event organized by the China Electronic Commerce Association. The Fund intends to invest 500 million yuan ($80 million) in blockchain startups in Shenzhen.

It is noteworthy that through public-private partnership 40% of funds or 32 million dollars will come from the city Fund, which was launched at the end of March by the municipal government of Shenzhen. According to Sohu, the remainder will come from the private sector.

The total funds of the city Fund amount to 5 billion yuan ($800 million) – the authorities intend to use them to invest in urban startups. About 4% of the funds will be used to Finance local blockchain projects.

The report says that the daily work of the new Foundation will be controlled by the two state investment firms under the supervision of the Commission of the city government, which controls all state-owned assets. At the same time, Liu Zhongpu, a government official and Commissioner of the Shenzhen authorities Advisory Commission, will act as an Advisor to the Fund.

The news came two weeks after the Hangzhou city government supported the launch of The Xiong'an Global Blockchain Innovation Fund, a $ 1.6 billion Fund to invest in innovative startups. And 30% of these funds are provided by the city authorities.

  :oDear user.Write and translate news for you.That's the job I do.I need to Measure that would write for you even more news!

[Mi5h0]

The authorities of the Chinese city of Shenzhen, following their colleagues from Hangzhou, supported the Fund for investments in blockchain startups.

This was announced on Sunday at an event organized by the China Electronic Commerce Association. The Fund intends to invest 500 million yuan ($80 million) in blockchain startups in Shenzhen.

It is noteworthy that through public-private partnership 40% of funds or 32 million dollars will come from the city Fund, which was launched at the end of March by the municipal government of Shenzhen. According to Sohu, the remainder will come from the private sector.

<cut>

Before you continue, I recommend you to study the following guide and apply this information to your posting habits in order to avoid any negative consequences:
Why am I banned from my signature campaign / the forum? - https://bitcointalk.org/index.php?topic=1741988.0

Plagiarism is illegal and copy/paste posts are in a violation of the rules of this forum. You've been warned!

Original source: https://www.coindesk.com/another-chinese-city-is-backing-a-big-blockchain-investment-fund/

[Perka]

The authorities of the Chinese city of Shenzhen, following their colleagues from Hangzhou, supported the Fund for investments in blockchain startups.

This was announced on Sunday at an event organized by the China Electronic Commerce Association. The Fund intends to invest 500 million yuan ($80 million) in blockchain startups in Shenzhen.

It is noteworthy that through public-private partnership 40% of funds or 32 million dollars will come from the city Fund, which was launched at the end of March by the municipal government of Shenzhen. According to Sohu, the remainder will come from the private sector.

<cut>

Before you continue, I recommend you to study the following guide and apply this information to your posting habits in order to avoid any negative consequences:
Why am I banned from my signature campaign / the forum? - https://bitcointalk.org/index.php?topic=1741988.0

Plagiarism is illegal and copy/paste posts are in a violation of the rules of this forum. You've been warned!

Original source: https://www.coindesk.com/another-chinese-city-is-backing-a-big-blockchain-investment-fund/

This information is written by me personally. It is not plagiarism. This information is in Russian. I personally translated and added. You could check my post for uniqueness. The uniqueness of my post is 98%. How can it be plagiarism with uniqueness in 98% ??

[Mi5h0]

This information is written by me personally. It is not plagiarism. This information is in Russian. I personally translated and added. You could check my post for uniqueness. The uniqueness of my post is 98%. How can it be plagiarism with uniqueness in 98% ??

If it’s not your own original thinking or opinion or not common knowledge, give credit to the source. Paraphrasing or translating is perfectly legit as long as you give credit to the author of the original work. When you copy someone’s writing but change enough words around so it doesn’t look like you copied word-for-word, that’s spinning. Spinning is just plagiarism in disguise and if you call yourself a writer, you shouldn’t do it.

If not sure, play it safe and fair.

For discussion purposes, here is a copy of the original article.

Original source: https://www.coindesk.com/another-chinese-city-is-backing-a-big-blockchain-investment-fund/

[Perka]

This information is written by me personally. It is not plagiarism. This information is in Russian. I personally translated and added. You could check my post for uniqueness. The uniqueness of my post is 98%. How can it be plagiarism with uniqueness in 98% ??

If it’s not your own original thinking or opinion or not common knowledge, give credit to the source. Paraphrasing or translating is perfectly legit as long as you give credit to the author of the original work. When you copy someone’s writing but change enough words around so it doesn’t look like you copied word-for-word, that’s spinning. Spinning is just plagiarism in disguise and if you call yourself a writer, you shouldn’t do it.

If not sure, play it safe and fair.

For discussion purposes, here is a copy of the original article.

Original source: https://www.coindesk.com/another-chinese-city-is-backing-a-big-blockchain-investment-fund/

I can personally throw you the Russian-language site of media on which information was taken and translated into English. Even with their own inserts and so on. There can not be a coincidence!
I also see that you are doing ISO / Why are you writing to me. You did not find my article useful
When there is a novelty and they are written then in general as the story is one but laid out in your own words!