Beijing Shunyi Automobile Industry Investment Fund was launched

Shunyi District has launched the Beijing Shunyi Automotive Industry Investment Fund, with a planned total scale of 2 billion yuan. The fund will further support the upgrading of the Beijing-Tianjin-Hebei automotive industry and promote the high-quality development of the automotive industry in Shunyi District. The Beijing Shunyi Automotive Industry Investment Fund has a planned total scale of 2 billion yuan, with an initial phase of 1 billion yuan, and will be jointly managed by BAIC Capital and Beijing Gongshun Investment, the management institution of the Shunyi District Government Investment Fund.