Around £1.4 billion worth of commercial deals, an agreement to accelerate the final preparations for the London-Shanghai Stock Connect initiative and new commitments to develop work on the Mutual Recognition of Funds and a bond connect, have been announced as part of the 9th UK-China Economic and Financial Dialogue (EFD) held in Beijing this weekend.
Included is the announcement that Future Planet Capital will be the international investment partner of Tsinghua x-lab, Tsinghua Univeristy's cross-faculty incubator. Since its launch in April 2013, Tsinghua’s x-lab has grown rapidly, working with over 1000 project teams and incorporating over 420 companies. The incubator helps companies from across sectors at all stages of development.