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    How China’s ‘Hefei model’ spawned a chipmaker’s multibillion-dollar IPO plan

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    Source: South China Morning Post
    Published: 2026-06-09 08:00 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Politics, Business, Asia, Economy & Finance, China, Business & Economy, Asia Pacific
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    Snippet:
    City government has leveraged over 220 billion yuan in state-owned capital to drive project investment in emerging industrial clusters
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