Hefei's CXMT jackpot fuels China local governments' tech bets
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Source: Nikkei Asia
Published: 2026-07-24 07:05 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Education, Asia, Technology & AI, China, Business & Economy, Asia Pacific, Technology
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Snippet:
Hefei has transformed itself into an economic powerhouse by using investment funds to lure tech companies like CXMT, which is set to make a splash on Shanghai's bourse next week. (Nikkei montage/Source photos by Wataru Suzuki and Getty Images)
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