The government should invest more to improve the information infrastructure and increase internet speed, he said.
The fund has already picked up more-than-5-percent stakes in 11 listed companies whose combined market value is around 320 billion yuan.
The government strategy and focus to clean up the finance sector is the right direction, and the question lies in execution, which requires coordination of difference government agencies, she noted, adding China's decision to create a new committee for financial stability and development will help address the issue.
The fresh round was led by global investment firm GGV and KKR, with Sequoia Capital China, IDG Capital and LightSpeed China among the investors.
The government proposed a defense budget of 1.11 trillion yuan (5 billion) in the report, which was distributed to members of the media at the first session of the 13th National People's Congress.
The fund said it would decide whether to carry out the reduction based on regulatory policies, asset allocation plans, market conditions and the company's share price.
西安不错的近视手术医院
The government had planned to start renovation on 2.89 million homes in dilapidated urban areas in 2019.
The government will accelerate commercialization of 5G technologies and beef up investment on artificial intelligence, industrial internet, Internet of Things, and other new-generation information technology infrastructure.
The girl, surnamed Deng, was sent to Xiaolong Martial Arts School on Sunday by her parents. On Monday, they went to the school to check on her and went back to their home in Wu'an, North China's Hebei province.
The global head of Caterpillar Inc, the US-based construction machinery behemoth, forecasts robust growth in China this year and plans to invest in several sectors in China, which he considers one of the company's most significant markets.