China marked the scope of the Fund of the Silk Road

Almaty. March 2. Silkroadnews - China marked the scope of the Fund of the Silk Road, said the agency "Xinhua".
"Areas of the Silk Road Fund include investing in stocks, bonds and credit funds, initiating the creation of investment funds with international development agencies and financial institutions, asset management and investment abroad by proxy, etc.", - says the publication .
According to the report, the authorized capital of a limited liability company Silk Road Fund, established at the end of 2014 is 61.53 billion yuan ($9.78 billion).
The Fund is opened using the capital of foreign exchange reserves, the Chinese investment company with limited liability, the China Export-Import Bank, the State Development Bank. All investment funds will be denominated in foreign currencies.
The Foundation focuses on finding investment opportunities in the strategic concept of the economic zone of the Silk Road and the Maritime Silk Road of the 21st century and is ready to provide the relevant services in the field of storage resources.
As reported in November last year at the APEC summit in Beijing Chinese President Xi Jinping announced that China will provide $40 billion for the establishment of the Fund of the Silk Road.