China’s Aplus Capital has launched a RMB300 million (US$44 million) fund in Chengdu to invest in technology sector in Western China. Aplus will also set up a tech hub in Chengdu. The center, called Aplus Smart Manufacturing Center, will serve early-stage start-ups focusing on artificial intelligence, smart manufacturing and smart cities. The 30,000-square meter center will provide rent-free office services to 60 start-ups and relative trade associations. The hub will have prototyping and processing centers which allow companies to test …

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