The first overseas Chinese-invested fund was set up in Taida . The Overseas Chinese (Tianjin ) Fund ( Limited Partnership）Corporation was registered in Tianjin ETDZ recently .  The fund , with a planned scale of 5 billion Yuan , will focus on private equity investment with development projects that supported by the Tianjin Municipal Government and those located in Tianjin Bohai Area with competitive edge as the key investment area , aiming at developing  resource projects of China in the global market .

The fund was a result of the efforts of All China Federation of Returned Overseas Chinese and Tianjin Federation of Returned Overseas Chinese. They combined the strength of overseas Chinese and their families as well as the business circles of Chinese cross the globe and joined hands with foreign central banks ,famous domestic  enterprises and institutional investors both at home and abroad . The fund was sponsored by Friedmann Pacific Asset Management Co., Ltd, a subsidiary of Hong Kong Friedmann Pacific Investment Holding Limited, and co- established and managed by Austria Central Cooperation Bank Group. The Administration for Industry and Commerce of Tianjin and the Management Committee of the ETDZ , adhering to the laws of China and the guideline of implementing pilot scheme of financial reform in the ETDZ , innovated the registration management model and the service concept of registration , which facilitated the registration and establishment of the fund and market access of the company  within very short period .