Zhongguancun Development Group

Zhongguancun Development Group (ZDG) is an economic development agency based in Beijing, China. Established in 2010, ZDG provides venture capital finance to innovative enterprises and has three core businesses, which are a hi-tech investment, technology park development, and hi-tech financing. Hi-tech investment is to support technology commercialization through equity investments. ZDG is a state-owned enterprise funded by the Beijing Municipal Government. ZDG has developed a business portfolio covering five areas such as industrial investment, sci-tech finance, science park development, cross-regional cooperation, and international business. The assets of the agency are managed by the board members.