ARC China is at the forefront of an emerging trend in China of the establishment of Public-Private Joint Investment Guidance Funds. With Adam Roseman, CEO of ARC China at the helm, the Shijiazhuang-ARC Investment Fund is only one of many funds newly established as China begins to find new ways to bring investment money into their economy.
With the endorsement of the Chinese Economic Council which has encouraged the exploration and development of equity investment funds, many local governments have established their own locally based funds, including cities like Lianyungang, Beijing, Deyang, Yingkou, Foshan, and others.
By the end of 2009 there were at least 20 new venture capital funds which came were created. These new funds were created by the NDRC jointly with the Ministry of Finance and the following cities: Beijing, Shanghai, Chongqing, Hunan, Anhui, Jilin and Shenzhen. There is an expectation of the amount of investment capital exceeding 9 billion RMB cumulatively.
Adam Roseman and ARC China are excited by the prospects and potential of these newly emerging markets and investment funds, and to be part of the development and success of the growing Chinese economy.