VLADIVOSTOK (Pakistan Point News / Sputnik - 11th September, 2018) The Russia-China Investment Fund (RCIF), established by the Russian Direct Investment Fund (RDIF) and China Investment Corporation, and Tus-Holdings, one of China's leading innovation companies, announced the launch of the Russia-China Venture Fund (RCVF), RDIF said in a statement.
"The fund has already studied more than 100 potential projects, of which it is currently considering five in detail - in such areas as new materials, information protection technologies, virtual reality, the development of new generation industrial equipment, innovative oilfield services. The fund plans to announce the first deal by the end of the year," it said.
