US capital comes to Hangzhou to seek opportunities for new venture in Wenzhou

BEIJING, Hangzhou, May 7, Xinhua News reporter in Hangzhou, the two days, the United States, New York Pacific Capital Limited (NYPC) a team of people to seek capital cooperation projects in Hangzhou, Hangzhou Economic and technological Development zone to express the favor of "Wenzhou entrepreneurial gene."　　Nypc, head of the New York Pacific Group, says it intends to invest 200 million of dollars in industries such as biomedicine and is looking for Chinese project partners.　　According to reports, the New York Pacific Group has a total of more than a century of international private investment experience and 30 years of experience in the Asia-Pacific region Project management, the fund management scale of more than 2 billion U.S. dollars, they began to enter the mainland market since 2009. Hangzhou Economic and Technological Development Zone Deputy director Zhang Xuning in the reception Nypc company, said: "Hangzhou Development Zone is now the most welcome with the Wenzhou-type entrepreneurial gene," to play the entrepreneurial spirit of Wenzhou people, so that enterprises and the government can win a mutual benefit. "He pointed to the presence of people engaged in the development of genetic technology in Wenzhou, Dr. Guo Lei said, like the Zhejiang Wave because of the medical technology company's project, the Wenzhou capital behind, as well as Wenzhou's entrepreneurial gene is that they now want to introduce.　　The project is a new project for the development zone to provide a public technology service platform for the biomedical industry. He also said that bio-medicine is the advantage of Hangzhou economic and technological development zone, and now he receives an average of more than one bio-medicine overseas doctor to consult venture capital.　　At present, the development zone in the investment projects no longer emphasize preferential policies to attract investors, and promote the government to strengthen the service function to attract investors; now, more than 95% of enterprises in the development zone are in a profitable state. Hangzhou Economic and technological development Zone is China's national development zones, has attracted more than 30 countries to settle in this area. 2009, under the influence of the financial crisis, the development zone also turned over more than 4 billion yuan in taxes, the growth of economic indicators in Zhejiang Province ranked first. Finish)