id	sid	tid	token	lemma	pos
cjal-9251	1	1	engineering	engineer	VERB
cjal-9251	1	2	a	a	DET
cjal-9251	1	3	venture	venture	NOUN
cjal-9251	1	4	capital	capital	NOUN
cjal-9251	1	5	market	market	NOUN
cjal-9251	1	6	:	:	PUNCT
cjal-9251	1	7	lessons	lesson	NOUN
cjal-9251	1	8	from	from	ADP
cjal-9251	1	9	china	china	PROPN
cjal-9251	1	10	lin	lin	PROPN
cjal-9251	1	11	l	l	PROPN
cjal-9251	1	12	in•	in•	VERB
cjal-9251	1	13	this	this	DET
cjal-9251	1	14	article	article	NOUN
cjal-9251	1	15	analyzes	analyze	VERB
cjal-9251	1	16	professo	professo	NOUN
cjal-9251	1	17	r	r	PROPN
cjal-9251	1	18	ronald	ronald	PROPN
cjal-9251	1	19	gilson	gilson	PROPN
cjal-9251	1	20	's	's	PART
cjal-9251	1	21	theory	theory	NOUN
cjal-9251	1	22	of	of	ADP
cjal-9251	1	23	"	"	PUNCT
cjal-9251	1	24	simultaneity	simultaneity	NOUN
cjal-9251	1	25	"	"	PUNCT
cjal-9251	1	26	in	in	ADP
cjal-9251	1	27	engineering	engineer	VERB
cjal-9251	1	28	a	a	DET
cjal-9251	1	29	venture	venture	NOUN
cjal-9251	1	30	capita.l	capita.l	NOUN
cjal-9251	1	31	market	market	NOUN
cjal-9251	1	32	in	in	ADP
cjal-9251	1	33	the	the	DET
cjal-9251	1	34	context	context	NOUN
cjal-9251	1	35	of	of	ADP
cjal-9251	1	36	china	china	PROPN
cjal-9251	1	37	.	.	PUNCT
cjal-9251	2	1	based	base	VERB
cjal-9251	2	2	on	on	ADP
cjal-9251	2	3	both	both	CCONJ
cjal-9251	2	4	quantitative	quantitative	ADJ
cjal-9251	2	5	and	and	CCONJ
cjal-9251	2	6	qualitative	qualitative	ADJ
cjal-9251	2	7	data	datum	NOUN
cjal-9251	2	8	collected	collect	VERB
cjal-9251	2	9	by	by	ADP
cjal-9251	2	10	the	the	DET
cjal-9251	2	11	author	author	NOUN
cjal-9251	2	12	,	,	PUNCT
cjal-9251	2	13	this	this	DET
cjal-9251	2	14	article	article	NOUN
cjal-9251	2	15	analyzes	analyze	VERB
cjal-9251	2	16	how	how	SCONJ
cjal-9251	2	17	china	china	PROPN
cjal-9251	2	18	has	have	AUX
cjal-9251	2	19	created	create	VERB
cjal-9251	2	20	the	the	DET
cjal-9251	2	21	fastest	fast	ADJ
cjal-9251	2	22	developing	developing	NOUN
cjal-9251	2	23	and	and	CCONJ
cjal-9251	2	24	the	the	DET
cjal-9251	2	25	largest	large	ADJ
cjal-9251	2	26	engineered	engineer	VERB
cjal-9251	2	27	venture	venture	NOUN
cjal-9251	2	28	capital	capital	NOUN
cjal-9251	2	29	market	market	NOUN
cjal-9251	2	30	in	in	ADP
cjal-9251	2	31	the	the	DET
cjal-9251	2	32	world	world	NOUN
cjal-9251	2	33	within	within	ADP
cjal-9251	2	34	thr	thr	PROPN
cjal-9251	2	35	ee	ee	PROPN
cjal-9251	2	36	decades	decade	NOUN
cjal-9251	2	37	.	.	PUNCT
cjal-9251	3	1	it	it	PRON
cjal-9251	3	2	concludes	conclude	VERB
cjal-9251	3	3	that	that	SCONJ
cjal-9251	3	4	the	the	DET
cjal-9251	3	5	rise	rise	NOUN
cjal-9251	3	6	of	of	ADP
cjal-9251	3	7	venture	venture	NOUN
cjal-9251	3	8	capital	capital	NOUN
cjal-9251	3	9	in	in	ADP
cjal-9251	3	10	china	china	PROPN
cjal-9251	3	11	is	be	AUX
cjal-9251	3	12	attributabl	attributabl	ADJ
cjal-9251	3	13	e	e	X
cjal-9251	3	14	to	to	ADP
cjal-9251	3	15	(	(	PUNCT
cjal-9251	3	16	i	i	NOUN
cjal-9251	3	17	)	)	PUNCT
cjal-9251	3	18	increasing	increase	VERB
cjal-9251	3	19	capital	capital	NOUN
cjal-9251	3	20	supply	supply	NOUN
cjal-9251	3	21	through	through	ADP
cjal-9251	3	22	various	various	ADJ
cjal-9251	3	23	governmental	governmental	ADJ
cjal-9251	3	24	programs	program	NOUN
cjal-9251	3	25	,	,	PUNCT
cjal-9251	3	26	easing	ease	VERB
cjal-9251	3	27	regulatory	regulatory	ADJ
cjal-9251	3	28	barriers	barrier	NOUN
cjal-9251	3	29	towards	towards	ADP
cjal-9251	3	30	institutional	institutional	ADJ
cjal-9251	3	31	and	and	CCONJ
cjal-9251	3	32	foreign	foreign	ADJ
cjal-9251	3	33	investors	investor	NOUN
cjal-9251	3	34	,	,	PUNCT
cjal-9251	3	35	providing	provide	VERB
cjal-9251	3	36	tax	tax	NOUN
cjal-9251	3	37	incentives	incentive	NOUN
cjal-9251	3	38	,	,	PUNCT
cjal-9251	3	39	and	and	CCONJ
cjal-9251	3	40	improving	improve	VERB
cjal-9251	3	41	the	the	DET
cjal-9251	3	42	exit	exit	NOUN
cjal-9251	3	43	environment	environment	NOUN
cjal-9251	3	44	;	;	PUNCT
cjal-9251	3	45	(	(	PUNCT
cjal-9251	3	46	2	2	X
cjal-9251	3	47	)	)	PUNCT
cjal-9251	3	48	enhancing	enhance	VERB
cjal-9251	3	49	the	the	DET
cjal-9251	3	50	availability	availability	NOUN
cjal-9251	3	51	of	of	ADP
cjal-9251	3	52	financial	financial	ADJ
cjal-9251	3	53	intermediaries	intermediary	NOUN
cjal-9251	3	54	by	by	ADP
cjal-9251	3	55	introducing	introduce	VERB
cjal-9251	3	56	the	the	DET
cjal-9251	3	57	limited	limited	ADJ
cjal-9251	3	58	partnership	partnership	NOUN
cjal-9251	3	59	that	that	PRON
cjal-9251	3	60	creates	create	VERB
cjal-9251	3	61	an	an	DET
cjal-9251	3	62	efficient	efficient	ADJ
cjal-9251	3	63	relationship	relationship	NOUN
cjal-9251	3	64	between	between	ADP
cjal-9251	3	65	venture	venture	NOUN
cjal-9251	3	66	capitalists	capitalist	NOUN
cjal-9251	3	67	and	and	CCONJ
cjal-9251	3	68	investors	investor	NOUN
cjal-9251	3	69	;	;	PUNCT
cjal-9251	3	70	and	and	CCONJ
cjal-9251	3	71	(	(	PUNCT
cjal-9251	3	72	3	3	X
cjal-9251	3	73	)	)	PUNCT
cjal-9251	3	74	encouraging	encourage	VERB
cjal-9251	3	75	entrepreneurship	entrepreneurship	NOUN
cjal-9251	3	76	by	by	ADP
cjal-9251	3	77	improving	improve	VERB
cjal-9251	3	78	the	the	DET
cjal-9251	3	79	regulatory	regulatory	ADJ
cjal-9251	3	80	environment	environment	NOUN
cjal-9251	3	81	for	for	ADP
cjal-9251	3	82	small	small	ADJ
cjal-9251	3	83	businesses	business	NOUN
cjal-9251	3	84	.	.	PUNCT
cjal-9251	4	1	through	through	ADP
cjal-9251	4	2	these	these	DET
cjal-9251	4	3	measures	measure	NOUN
cjal-9251	4	4	,	,	PUNCT
cjal-9251	4	5	china	china	PROPN
cjal-9251	4	6	has	have	AUX
cjal-9251	4	7	facilitated	facilitate	VERB
cjal-9251	4	8	the	the	DET
cjal-9251	4	9	simultaneous	simultaneous	ADJ
cjal-9251	4	10	availability	availability	NOUN
cjal-9251	4	11	of	of	ADP
cjal-9251	4	12	capital	capital	NOUN
cjal-9251	4	13	with	with	ADP
cjal-9251	4	14	the	the	DET
cjal-9251	4	15	appetite	appetite	NOUN
cjal-9251	4	16	for	for	ADP
cjal-9251	4	17	high	high	ADJ
cjal-9251	4	18	-	-	PUNCT
cjal-9251	4	19	risk	risk	NOUN
cjal-9251	4	20	,	,	PUNCT
cjal-9251	4	21	long	long	ADJ
cjal-9251	4	22	-	-	PUNCT
cjal-9251	4	23	term	term	NOUN
cjal-9251	4	24	investments	investment	NOUN
cjal-9251	4	25	and	and	CCONJ
cjal-9251	4	26	the	the	DET
cjal-9251	4	27	emergence	emergence	NOUN
cjal-9251	4	28	of	of	ADP
cjal-9251	4	29	a	a	DET
cjal-9251	4	30	class	class	NOUN
cjal-9251	4	31	of	of	ADP
cjal-9251	4	32	entrepreneurs	entrepreneur	NOUN
cjal-9251	4	33	with	with	ADP
cjal-9251	4	34	the	the	DET
cjal-9251	4	35	skills	skill	NOUN
cjal-9251	4	36	and	and	CCONJ
cjal-9251	4	37	incentives	incentive	NOUN
cjal-9251	4	38	to	to	PART
cjal-9251	4	39	put	put	VERB
cjal-9251	4	40	that	that	DET
cjal-9251	4	41	capital	capital	NOUN
cjal-9251	4	42	to	to	PART
cjal-9251	4	43	work	work	VERB
cjal-9251	4	44	.	.	PUNCT
cjal-9251	5	1	one	one	NUM
cjal-9251	5	2	key	key	ADJ
cjal-9251	5	3	factor	factor	NOUN
cjal-9251	5	4	of	of	ADP
cjal-9251	5	5	the	the	DET
cjal-9251	5	6	rapid	rapid	ADJ
cjal-9251	5	7	development	development	NOUN
cjal-9251	5	8	of	of	ADP
cjal-9251	5	9	the	the	DET
cjal-9251	5	10	chinese	chinese	ADJ
cjal-9251	5	11	mark	mark	PROPN
cjal-9251	5	12	et	et	PROPN
cjal-9251	5	13	has	have	AUX
cjal-9251	5	14	been	be	AUX
cjal-9251	5	15	its	its	PRON
cjal-9251	5	16	increased	increase	VERB
cjal-9251	5	17	reliance	reliance	NOUN
cjal-9251	5	18	on	on	ADP
cjal-9251	5	19	market	market	NOUN
cjal-9251	5	20	forces	force	NOUN
cjal-9251	5	21	in	in	ADP
cjal-9251	5	22	allocating	allocate	VERB
cjal-9251	5	23	capital	capital	NOUN
cjal-9251	5	24	.	.	PUNCT
cjal-9251	6	1	on	on	ADP
cjal-9251	6	2	the	the	DET
cjal-9251	6	3	other	other	ADJ
cjal-9251	6	4	hand	hand	NOUN
cjal-9251	6	5	,	,	PUNCT
cjal-9251	6	6	a	a	DET
cjal-9251	6	7	residual	residual	ADJ
cjal-9251	6	8	degree	degree	NOUN
cjal-9251	6	9	of	of	ADP
cjal-9251	6	10	bureaucratic	bureaucratic	ADJ
cjal-9251	6	11	involvement	involvement	NOUN
cjal-9251	6	12	in	in	ADP
cjal-9251	6	13	capital	capital	NOUN
cjal-9251	6	14	allocation	allocation	NOUN
cjal-9251	6	15	prevents	prevent	VERB
cjal-9251	6	16	the	the	DET
cjal-9251	6	17	chinese	chinese	ADJ
cjal-9251	6	18	regime	regime	NOUN
cjal-9251	6	19	from	from	ADP
cjal-9251	6	20	being	be	AUX
cjal-9251	6	21	fully	fully	ADV
cjal-9251	6	22	efficient	efficient	ADJ
cjal-9251	6	23	.	.	PUNCT
cjal-9251	7	1	china	china	PROPN
cjal-9251	7	2	serves	serve	VERB
cjal-9251	7	3	as	as	ADP
cjal-9251	7	4	an	an	DET
cjal-9251	7	5	(	(	PUNCT
cjal-9251	7	6	imperfect	imperfect	ADJ
cjal-9251	7	7	)	)	PUNCT
cjal-9251	7	8	model	model	NOUN
cjal-9251	7	9	for	for	ADP
cjal-9251	7	10	other	other	ADJ
cjal-9251	7	11	governments	government	NOUN
cjal-9251	7	12	in	in	ADP
cjal-9251	7	13	the	the	DET
cjal-9251	7	14	world	world	NOUN
cjal-9251	7	15	where	where	SCONJ
cjal-9251	7	16	unfettered	unfettered	ADJ
cjal-9251	7	17	market	market	NOUN
cjal-9251	7	18	forces	force	NOUN
cjal-9251	7	19	have	have	AUX
cjal-9251	7	20	not	not	PART
cjal-9251	7	21	brought	bring	VERB
cjal-9251	7	22	about	about	ADP
cjal-9251	7	23	successful	successful	ADJ
cjal-9251	7	24	venture	venture	NOUN
cjal-9251	7	25	capital	capital	NOUN
cjal-9251	7	26	markets	market	NOUN
cjal-9251	7	27	.	.	PUNCT
cjal-9251	8	1	•	•	NUM
cjal-9251	8	2	assistant	assistant	NOUN
cjal-9251	8	3	professor	professor	NOUN
cjal-9251	8	4	,	,	PUNCT
cjal-9251	8	5	faculty	faculty	NOUN
cjal-9251	8	6	of	of	ADP
cjal-9251	8	7	law	law	NOUN
cjal-9251	8	8	,	,	PUNCT
cjal-9251	8	9	national	national	PROPN
cjal-9251	8	10	university	university	PROPN
cjal-9251	8	11	of	of	ADP
cjal-9251	8	12	singapore	singapore	PROPN
cjal-9251	8	13	(	(	PUNCT
cjal-9251	8	14	nus	nus	PROPN
cjal-9251	8	15	)	)	PUNCT
cjal-9251	8	16	.	.	PUNCT
cjal-9251	9	1	this	this	DET
cjal-9251	9	2	article	article	NOUN
cjal-9251	9	3	was	be	AUX
cjal-9251	9	4	selected	select	VERB
cjal-9251	9	5	as	as	ADP
cjal-9251	9	6	one	one	NUM
cjal-9251	9	7	of	of	ADP
cjal-9251	9	8	ten	ten	NUM
cjal-9251	9	9	invited	invite	VERB
cjal-9251	9	10	papers	paper	NOUN
cjal-9251	9	11	for	for	ADP
cjal-9251	9	12	the	the	DET
cjal-9251	9	13	8th	8th	PROPN
cjal-9251	9	14	stanford	stanford	PROPN
cjal-9251	9	15	international	international	PROPN
cjal-9251	9	16	junior	junior	PROPN
cjal-9251	9	17	faculty	faculty	NOUN
cjal-9251	9	18	forum	forum	PROPN
cjal-9251	9	19	.	.	PUNCT
cjal-9251	10	1	i	i	PRON
cjal-9251	10	2	am	be	AUX
cjal-9251	10	3	deeply	deeply	ADV
cjal-9251	10	4	grateful	grateful	ADJ
cjal-9251	10	5	to	to	ADP
cjal-9251	10	6	michael	michael	PROPN
cjal-9251	10	7	klausner	klausner	PROPN
cjal-9251	10	8	for	for	ADP
cjal-9251	10	9	his	his	PRON
cjal-9251	10	10	ext	ext	NOUN
cjal-9251	10	11	reme	reme	NOUN
cjal-9251	10	12	ly	ly	ADP
cjal-9251	10	13	constructive	constructive	ADJ
cjal-9251	10	14	and	and	CCONJ
cjal-9251	10	15	helpful	helpful	ADJ
cjal-9251	10	16	comments	comment	NOUN
cjal-9251	10	17	on	on	ADP
cjal-9251	10	18	this	this	DET
cjal-9251	10	19	article	article	NOUN
cjal-9251	10	20	.	.	PUNCT
cjal-9251	11	1	i	i	PRON
cjal-9251	11	2	owe	owe	VERB
cjal-9251	11	3	si	si	PROPN
cjal-9251	11	4	ncere	ncere	PROPN
cjal-9251	11	5	st	st	PROPN
cjal-9251	11	6	thanks	thank	NOUN
cjal-9251	11	7	to	to	ADP
cjal-9251	11	8	ronald	ronald	PROPN
cjal-9251	11	9	j.	j.	PROPN
cjal-9251	11	10	gilson	gilson	PROPN
cjal-9251	11	11	,	,	PUNCT
cjal-9251	11	12	lawrence	lawrence	PROPN
cjal-9251	11	13	m.	m.	PROPN
cjal-9251	11	14	friedman	friedman	PROPN
cjal-9251	11	15	,	,	PUNCT
cjal-9251	11	16	zenichi	zenichi	PROPN
cjal-9251	11	17	shishido	shishido	PROPN
cjal-9251	11	18	,	,	PUNCT
cjal-9251	11	19	william	william	PROPN
cjal-9251	11	20	h.j	h.j	PROPN
cjal-9251	11	21	.	.	PROPN
cjal-9251	11	22	hubbard	hubbard	PROPN
cjal-9251	11	23	,	,	PUNCT
cjal-9251	11	24	yu	yu	PROPN
cjal-9251	11	25	x.ingzhong	x.ingzhong	PROPN
cjal-9251	11	26	,	,	PUNCT
cjal-9251	11	27	anupam	anupam	PROPN
cjal-9251	11	28	chander	chander	PROPN
cjal-9251	11	29	,	,	PUNCT
cjal-9251	11	30	nora	nora	PROPN
cjal-9251	11	31	freeman	freeman	PROPN
cjal-9251	11	32	engstrom	engstrom	PROPN
cjal-9251	11	33	,	,	PUNCT
cjal-9251	11	34	jonathan	jonathan	PROPN
cjal-9251	11	35	s.	s.	PROPN
cjal-9251	11	36	masur	masur	PROPN
cjal-9251	11	37	,	,	PUNCT
cjal-9251	11	38	hans	hans	PROPN
cjal-9251	11	39	tjio	tjio	NOUN
cjal-9251	11	40	,	,	PUNCT
cjal-9251	11	41	dan	dan	PROPN
cjal-9251	11	42	puchniak	puchniak	PROPN
cjal-9251	11	43	,	,	PUNCT
cjal-9251	11	44	wee	wee	PROPN
cjal-9251	11	45	meng	meng	PROPN
cjal-9251	11	46	seng	seng	PROPN
cjal-9251	11	47	,	,	PUNCT
cjal-9251	11	48	umakanth	umakanth	ADJ
cjal-9251	11	49	varottil	varottil	NOUN
cjal-9251	11	50	,	,	PUNCT
cjal-9251	11	51	and	and	CCONJ
cjal-9251	11	52	wu	wu	PROPN
cjal-9251	11	53	wei	wei	PROPN
cjal-9251	11	54	for	for	ADP
cjal-9251	11	55	their	their	PRON
cjal-9251	11	56	insightful	insightful	ADJ
cjal-9251	11	57	feedback	feedback	NOUN
cjal-9251	11	58	and	and	CCONJ
cjal-9251	11	59	suggestions	suggestion	NOUN
cjal-9251	11	60	to	to	ADP
cjal-9251	11	61	earlier	early	ADJ
cjal-9251	11	62	drafts	draft	NOUN
cjal-9251	11	63	of	of	ADP
cjal-9251	11	64	this	this	DET
cjal-9251	11	65	article	article	NOUN
cjal-9251	11	66	.	.	PUNCT
cjal-9251	12	1	i	i	PRON
cjal-9251	12	2	thank	thank	VERB
cjal-9251	12	3	the	the	DET
cjal-9251	12	4	participants	participant	NOUN
cjal-9251	12	5	of	of	ADP
cjal-9251	12	6	the	the	DET
cjal-9251	12	7	stanford	stanford	PROPN
cjal-9251	12	8	international	international	PROPN
cjal-9251	12	9	junior	junior	ADJ
cjal-9251	12	10	faculty	faculty	NOUN
cjal-9251	12	11	forum	forum	NOUN
cjal-9251	12	12	and	and	CCONJ
cjal-9251	12	13	the	the	DET
cjal-9251	12	14	chicago	chicago	PROPN
cjal-9251	12	15	coase	coase	PROPN
cjal-9251	12	16	-	-	PUNCT
cjal-9251	12	17	sandor	sandor	PROPN
cjal-9251	12	18	summer	summer	PROPN
cjal-9251	12	19	institute	institute	PROPN
cjal-9251	12	20	for	for	ADP
cjal-9251	12	21	law	law	NOUN
cjal-9251	12	22	and	and	CCONJ
cjal-9251	12	23	economics	economic	NOUN
cjal-9251	12	24	colloquium	colloquium	NOUN
cjal-9251	12	25	for	for	ADP
cjal-9251	12	26	providing	provide	VERB
cjal-9251	12	27	insightful	insightful	ADJ
cjal-9251	12	28	observations	observation	NOUN
cjal-9251	12	29	.	.	PUNCT
cjal-9251	13	1	many	many	ADJ
cjal-9251	13	2	thanks	thank	NOUN
cjal-9251	13	3	to	to	ADP
cjal-9251	13	4	th	th	PROPN
cjal-9251	13	5	e	e	PROPN
cjal-9251	13	6	stanford	stanford	PROPN
cjal-9251	13	7	university	university	PROPN
cjal-9251	13	8	arthur	arthur	PROPN
cjal-9251	13	9	and	and	CCONJ
cjal-9251	13	10	toni	toni	PROPN
cjal-9251	13	11	rembe	rembe	NOUN
cjal-9251	13	12	rock	rock	NOUN
cjal-9251	13	13	center	center	NOUN
cjal-9251	13	14	for	for	ADP
cjal-9251	13	15	corporate	corporate	ADJ
cjal-9251	13	16	governance	governance	NOUN
cjal-9251	13	17	,	,	PUNCT
cjal-9251	13	18	national	national	PROPN
cjal-9251	13	19	taiwan	taiwan	PROPN
cjal-9251	13	20	university	university	PROPN
cjal-9251	13	21	law	law	NOUN
cjal-9251	13	22	school	school	NOUN
cjal-9251	13	23	,	,	PUNCT
cjal-9251	13	24	helsinki	helsinki	PROPN
cjal-9251	13	25	law	law	PROPN
cjal-9251	13	26	school	school	NOUN
cjal-9251	13	27	,	,	PUNCT
cjal-9251	13	28	and	and	CCONJ
cjal-9251	13	29	national	national	PROPN
cjal-9251	13	30	university	university	PROPN
cjal-9251	13	31	of	of	ADP
cjal-9251	13	32	singapore	singapore	PROPN
cjal-9251	13	33	east	east	PROPN
cjal-9251	13	34	asia	asia	PROPN
cjal-9251	13	35	institute	institute	PROPN
cjal-9251	13	36	for	for	ADP
cjal-9251	13	37	inviting	invite	VERB
cjal-9251	13	38	me	i	PRON
cjal-9251	13	39	to	to	PART
cjal-9251	13	40	present	present	VERB
cjal-9251	13	41	earlier	early	ADJ
cjal-9251	13	42	drafts	draft	NOUN
cjal-9251	13	43	of	of	ADP
cjal-9251	13	44	this	this	DET
cjal-9251	13	45	article	article	NOUN
cjal-9251	13	46	.	.	PUNCT
cjal-9251	14	1	i	i	PRON
cjal-9251	14	2	also	also	ADV
cjal-9251	14	3	thank	thank	VERB
cjal-9251	14	4	interviewees	interviewee	NOUN
cjal-9251	14	5	from	from	ADP
cjal-9251	14	6	china	china	PROPN
cjal-9251	14	7	and	and	CCONJ
cjal-9251	14	8	singapore	singapore	PROPN
cjal-9251	14	9	,	,	PUNCT
cjal-9251	14	10	who	who	PRON
cjal-9251	14	11	generously	generously	ADV
cjal-9251	14	12	shar	shar	VERB
cjal-9251	14	13	ed	ed	PROPN
cjal-9251	14	14	their	their	PRON
cjal-9251	14	15	knowledge	knowledge	NOUN
cjal-9251	14	16	and	and	CCONJ
cjal-9251	14	17	insights	insight	NOUN
cjal-9251	14	18	with	with	ADP
cjal-9251	14	19	me	i	PRON
cjal-9251	14	20	.	.	PUNCT
cjal-9251	15	1	int	int	NOUN
cjal-9251	15	2	erviews	erview	NOUN
cjal-9251	15	3	were	be	AUX
cjal-9251	15	4	conducted	conduct	VERB
cjal-9251	15	5	anonymously	anonymously	ADV
cjal-9251	15	6	.	.	PUNCT
cjal-9251	16	1	all	all	DET
cjal-9251	16	2	errors	error	NOUN
cjal-9251	16	3	remain	remain	VERB
cjal-9251	16	4	my	my	PRON
cjal-9251	16	5	own	own	ADJ
cjal-9251	16	6	.	.	PUNCT
cjal-9251	17	1	the	the	DET
cjal-9251	17	2	research	research	NOUN
cjal-9251	17	3	is	be	AUX
cjal-9251	17	4	supported	support	VERB
cjal-9251	17	5	by	by	ADP
cjal-9251	17	6	the	the	DET
cjal-9251	17	7	nus	nus	PROPN
cjal-9251	17	8	start	start	VERB
cjal-9251	17	9	-	-	PUNCT
cjal-9251	17	10	up	up	ADP
cjal-9251	17	11	grant	grant	NOUN
cjal-9251	17	12	(	(	PUNCT
cjal-9251	17	13	wbs	wbs	INTJ
cjal-9251	17	14	no	no	NOUN
cjal-9251	17	15	:	:	PUNCT
cjal-9251	17	16	r-241	r-241	VERB
cjal-9251	17	17	-	-	PUNCT
cjal-9251	17	18	000	000	NUM
cjal-9251	17	19	-	-	PUNCT
cjal-9251	17	20	134	134	NUM
cjal-9251	17	21	-	-	SYM
cjal-9251	17	22	133	133	NUM
cjal-9251	17	23	)	)	PUNCT
cjal-9251	17	24	.	.	PUNCT
cjal-9251	18	1	160	160	NUM
cjal-9251	18	2	2017	2017	NUM
cjal-9251	18	3	]	]	PUNCT
cjal-9251	18	4	engineering	engineer	VERB
cjal-9251	18	5	a	a	DET
cjal-9251	18	6	venture	venture	NOUN
cjal-9251	18	7	capital	capital	NOUN
cjal-9251	18	8	market	market	NOUN
cjal-9251	18	9	161	161	NUM
cjal-9251	18	10	introduction	introduction	NOUN
cjal-9251	18	11	.......................................	.......................................	PUNCT
cjal-9251	18	12	.	.	PUNCT
cjal-9251	19	1	...............................................................	...............................................................	PUNCT
cjal-9251	20	1	161	161	NUM
cjal-9251	20	2	i.	i.	NOUN
cjal-9251	20	3	tackling	tackle	VERB
cjal-9251	20	4	the	the	DET
cjal-9251	20	5	simultaneity	simultaneity	NOUN
cjal-9251	20	6	problem	problem	NOUN
cjal-9251	20	7	in	in	ADP
cjal-9251	20	8	'	'	PUNCT
cjal-9251	20	9	china	china	PROPN
cjal-9251	20	10	..........................................	..........................................	PUNCT
cjal-9251	21	1	166	166	NUM
cjal-9251	21	2	a.	a.	NOUN
cjal-9251	21	3	the	the	DET
cjal-9251	21	4	difficulty	difficulty	NOUN
cjal-9251	21	5	overseas	overseas	ADV
cjal-9251	21	6	.....................................................	.....................................................	PUNCT
cjal-9251	21	7	.......................	.......................	PUNCT
cjal-9251	21	8	166	166	NUM
cjal-9251	21	9	b.	b.	PROPN
cjal-9251	21	10	capital	capital	PROPN
cjal-9251	21	11	.................................	.................................	PUNCT
cjal-9251	21	12	.....	.....	PUNCT
cjal-9251	21	13	.............................	.............................	PUNCT
cjal-9251	22	1	....................................	....................................	PUNCT
cjal-9251	23	1	169	169	NUM
cjal-9251	23	2	1	1	NUM
cjal-9251	23	3	.	.	PUNCT
cjal-9251	24	1	the	the	DET
cjal-9251	24	2	need	need	NOUN
cjal-9251	24	3	for	for	ADP
cjal-9251	24	4	ventw·e	ventw·e	NOUN
cjal-9251	24	5	capital	capital	NOUN
cjal-9251	24	6	in	in	ADP
cjal-9251	24	7	china	china	PROPN
cjal-9251	24	8	..............	..............	PUNCT
cjal-9251	24	9	....................	....................	PUNCT
cjal-9251	25	1	..........	..........	PUNCT
cjal-9251	25	2	169	169	NUM
cjal-9251	25	3	2	2	X
cjal-9251	25	4	.	.	PUNCT
cjal-9251	25	5	increasing	increase	VERB
cjal-9251	25	6	capital	capital	NOUN
cjal-9251	25	7	supply	supply	NOUN
cjal-9251	25	8	via	via	ADP
cjal-9251	25	9	government	government	NOUN
cjal-9251	25	10	guidance	guidance	NOUN
cjal-9251	25	11	funds	fund	NOUN
cjal-9251	25	12	..........	..........	PUNCT
cjal-9251	26	1	171	171	NUM
cjal-9251	26	2	3	3	X
cjal-9251	26	3	.	.	PUNCT
cjal-9251	26	4	increasing	increase	VERB
cjal-9251	26	5	capita	capita	NOUN
cjal-9251	26	6	l	l	NOUN
cjal-9251	26	7	supply	supply	NOUN
cjal-9251	26	8	from	from	ADP
cjal-9251	26	9	institutional	institutional	ADJ
cjal-9251	26	10	investors	investor	NOUN
cjal-9251	26	11	..................	..................	PUNCT
cjal-9251	27	1	173	173	NUM
cjal-9251	27	2	4	4	NUM
cjal-9251	27	3	.	.	PUNCT
cjal-9251	27	4	increasing	increase	VERB
cjal-9251	27	5	capital	capital	NOUN
cjal-9251	27	6	supply	supply	NOUN
cjal-9251	27	7	from	from	ADP
cjal-9251	27	8	foreign	foreign	ADJ
cjal-9251	27	9	investors	investor	NOUN
cjal-9251	27	10	..........................	..........................	PUNCT
cjal-9251	28	1	1	1	NUM
cjal-9251	28	2	77	77	NUM
cjal-9251	28	3	5	5	NUM
cjal-9251	28	4	.	.	PUNCT
cjal-9251	29	1	tax	tax	NOUN
cjal-9251	29	2	incentives	incentive	NOUN
cjal-9251	29	3	....	....	PUNCT
cjal-9251	29	4	..........................................	..........................................	PUNCT
cjal-9251	30	1	..........................	..........................	PUNCT
cjal-9251	31	1	.............	.............	PUNCT
cjal-9251	32	1	178	178	NUM
cjal-9251	32	2	6	6	NUM
cjal-9251	32	3	.	.	PUNCT
cjal-9251	32	4	improving	improve	VERB
cjal-9251	32	5	exit	exit	NOUN
cjal-9251	32	6	environment	environment	NOUN
cjal-9251	32	7	............	............	PUNCT
cjal-9251	32	8	.................................................	.................................................	PUNCT
cjal-9251	33	1	179	179	NUM
cjal-9251	33	2	c.	c.	PROPN
cjal-9251	33	3	investment	investment	NOUN
cjal-9251	33	4	vehicle	vehicle	NOUN
cjal-9251	33	5	...................................................................................	...................................................................................	PUNCT
cjal-9251	33	6	180	180	NUM
cjal-9251	33	7	1	1	NUM
cjal-9251	33	8	.	.	PUNCT
cjal-9251	33	9	adoption	adoption	NOUN
cjal-9251	33	10	of	of	ADP
cjal-9251	33	11	the	the	DET
cjal-9251	33	12	limited	limited	ADJ
cjal-9251	33	13	partnership	partnership	NOUN
cjal-9251	33	14	and	and	CCONJ
cjal-9251	33	15	its	its	PRON
cjal-9251	33	16	popularity	popularity	NOUN
cjal-9251	33	17	.................	.................	PUNCT
cjal-9251	33	18	182	182	NUM
cjal-9251	33	19	2	2	NUM
cjal-9251	33	20	.	.	PUNCT
cjal-9251	33	21	introduction	introduction	NOUN
cjal-9251	33	22	of	of	ADP
cjal-9251	33	23	foreign	foreign	ADJ
cjal-9251	33	24	-	-	PUNCT
cjal-9251	33	25	invested	invest	VERB
cjal-9251	33	26	limited	limited	ADJ
cjal-9251	33	27	partnership	partnership	NOUN
cjal-9251	33	28	....................	....................	PUNCT
cjal-9251	33	29	185	185	NUM
cjal-9251	33	30	d.	d.	NOUN
cjal-9251	33	31	entrepreneurs	entrepreneur	NOUN
cjal-9251	33	32	.......................	.......................	PUNCT
cjal-9251	33	33	...................................................................	...................................................................	PUNCT
cjal-9251	34	1	186	186	NUM
cjal-9251	34	2	1	1	NUM
cjal-9251	34	3	.	.	PUNCT
cjal-9251	34	4	policies	policy	NOUN
cjal-9251	34	5	and	and	CCONJ
cjal-9251	34	6	tax	tax	NOUN
cjal-9251	34	7	reliefs	relief	NOUN
cjal-9251	34	8	to	to	PART
cjal-9251	34	9	strengthen	strengthen	VERB
cjal-9251	34	10	entrepreneurship	entrepreneurship	NOUN
cjal-9251	34	11	...............	...............	PUNCT
cjal-9251	34	12	186	186	NUM
cjal-9251	34	13	2	2	NUM
cjal-9251	34	14	.	.	PUNCT
cjal-9251	34	15	entrepreneur	entrepreneur	NOUN
cjal-9251	34	16	-	-	ADJ
cjal-9251	34	17	friendly	friendly	ADJ
cjal-9251	34	18	company	company	NOUN
cjal-9251	34	19	law	law	NOUN
cjal-9251	34	20	reforms	reform	NOUN
cjal-9251	34	21	...............................	...............................	PUNCT
cjal-9251	35	1	187	187	NUM
cjal-9251	35	2	e.	e.	NOUN
cjal-9251	35	3	the	the	DET
cjal-9251	35	4	venture	venture	NOUN
cjal-9251	35	5	capital	capital	NOUN
cjal-9251	35	6	response	response	NOUN
cjal-9251	35	7	to	to	ADP
cjal-9251	35	8	governmental	governmental	ADJ
cjal-9251	35	9	actions	action	NOUN
cjal-9251	35	10	.............	.............	PUNCT
cjal-9251	35	11	.........	.........	PUNCT
cjal-9251	35	12	189	189	NUM
cjal-9251	35	13	ii	ii	NOUN
cjal-9251	35	14	.	.	PUNCT
cjal-9251	35	15	room	room	NOUN
cjal-9251	35	16	for	for	ADP
cjal-9251	35	17	improvement	improvement	NOUN
cjal-9251	35	18	and	and	CCONJ
cjal-9251	35	19	suggestions	suggestion	NOUN
cjal-9251	35	20	...................................................	...................................................	PUNCT
cjal-9251	35	21	192	192	NUM
cjal-9251	35	22	a.	a.	NOUN
cjal-9251	35	23	problems	problem	NOUN
cjal-9251	35	24	with	with	ADP
cjal-9251	35	25	public	public	ADJ
cjal-9251	35	26	funding	funding	NOUN
cjal-9251	35	27	.......................................................	.......................................................	PUNCT
cjal-9251	35	28	.........	.........	PUNCT
cjal-9251	35	29	192	192	NUM
cjal-9251	35	30	b.	b.	NOUN
cjal-9251	35	31	problems	problem	NOUN
cjal-9251	35	32	with	with	ADP
cjal-9251	35	33	investment	investment	NOUN
cjal-9251	35	34	vehicle	vehicle	NOUN
cjal-9251	35	35	..........................................................	..........................................................	PUNCT
cjal-9251	35	36	201	201	NUM
cjal-9251	35	37	c.	c.	NOUN
cjal-9251	35	38	problems	problem	NOUN
cjal-9251	35	39	with	with	ADP
cjal-9251	35	40	entreprenew·s	entreprenew·s	PROPN
cjal-9251	35	41	.......................	.......................	PUNCT
cjal-9251	35	42	..........................................	..........................................	PUNCT
cjal-9251	35	43	203	203	NUM
cjal-9251	35	44	iii	iii	NOUN
cjal-9251	35	45	.	.	PUNCT
cjal-9251	36	1	lessons	lesson	NOUN
cjal-9251	36	2	learned	learn	VERB
cjal-9251	36	3	........................	........................	PUNCT
cjal-9251	36	4	.....................	.....................	PUNCT
cjal-9251	36	5	........................................	........................................	PUNCT
cjal-9251	36	6	...	...	PUNCT
cjal-9251	37	1	...	...	PUNCT
cjal-9251	37	2	204	204	NUM
cjal-9251	37	3	a.	a.	NOUN
cjal-9251	37	4	capital	capital	NOUN
cjal-9251	37	5	.	.	PUNCT
cjal-9251	37	6	.............................	.............................	PUNCT
cjal-9251	37	7	.............	.............	PUNCT
cjal-9251	38	1	..........	..........	PUNCT
cjal-9251	38	2	..................	..................	PUNCT
cjal-9251	39	1	..........	..........	PUNCT
cjal-9251	39	2	......................	......................	PUNCT
cjal-9251	40	1	205	205	NUM
cjal-9251	40	2	1	1	NUM
cjal-9251	40	3	.	.	PUNCT
cjal-9251	40	4	incr	incr	VERB
cjal-9251	40	5	ease	ease	NOUN
cjal-9251	40	6	d	d	PROPN
cjal-9251	40	7	domes	dome	NOUN
cjal-9251	40	8	tic	tic	ADJ
cjal-9251	40	9	and	and	CCONJ
cjal-9251	40	10	foreign	foreign	ADJ
cjal-9251	40	11	capital	capital	NOUN
cjal-9251	40	12	supply	supply	NOUN
cjal-9251	40	13	.............................	.............................	PUNCT
cjal-9251	41	1	205	205	NUM
cjal-9251	41	2	2	2	NUM
cjal-9251	41	3	.	.	PUNCT
cjal-9251	41	4	tax	tax	NOUN
cjal-9251	41	5	incentives	incentive	NOUN
cjal-9251	41	6	..........	..........	PUNCT
cjal-9251	41	7	......	......	PUNCT
cjal-9251	41	8	...................	...................	PUNCT
cjal-9251	41	9	..................................	..................................	PUNCT
cjal-9251	42	1	................	................	PUNCT
cjal-9251	42	2	207	207	NUM
cjal-9251	42	3	3	3	NUM
cjal-9251	42	4	.	.	PUNCT
cjal-9251	43	1	active	active	ADJ
cjal-9251	43	2	stock	stock	NOUN
cjal-9251	43	3	market	market	NOUN
cjal-9251	43	4	.................	.................	PUNCT
cjal-9251	43	5	..........................................................	..........................................................	PUNCT
cjal-9251	43	6	208	208	NUM
cjal-9251	43	7	b.	b.	PROPN
cjal-9251	43	8	investment	investment	NOUN
cjal-9251	43	9	vehicle	vehicle	NOUN
cjal-9251	43	10	.............................................	.............................................	PUNCT
cjal-9251	43	11	.........	.........	PUNCT
cjal-9251	43	12	.............	.............	PUNCT
cjal-9251	44	1	................	................	PUNCT
cjal-9251	44	2	208	208	NUM
cjal-9251	44	3	c.	c.	NOUN
cjal-9251	44	4	entrepreneurship	entrepreneurship	NOUN
cjal-9251	44	5	............................	............................	PUNCT
cjal-9251	44	6	..................	..................	PUNCT
cjal-9251	44	7	..........	..........	PUNCT
cjal-9251	44	8	..............	..............	PUNCT
cjal-9251	45	1	...............	...............	PUNCT
cjal-9251	45	2	210	210	NUM
cjal-9251	45	3	conclusion	conclusion	NOUN
cjal-9251	45	4	.........	.........	PUNCT
cjal-9251	46	1	.....	.....	PUNCT
cjal-9251	46	2	....	....	PUNCT
cjal-9251	46	3	.......	.......	PUNCT
cjal-9251	47	1	.....	.....	PUNCT
cjal-9251	47	2	...	...	PUNCT
cjal-9251	48	1	.........................................................................	.........................................................................	PUNCT
cjal-9251	48	2	210	210	NUM
cjal-9251	48	3	appendixes	appendix	NOUN
cjal-9251	48	4	................................	................................	PUNCT
cjal-9251	48	5	.	.	PUNCT
cjal-9251	48	6	..........................	..........................	PUNCT
cjal-9251	49	1	....................................	....................................	PUNCT
cjal-9251	49	2	.....	.....	PUNCT
cjal-9251	50	1	...	...	PUNCT
cjal-9251	51	1	....	....	PUNCT
cjal-9251	51	2	213	213	NUM
cjal-9251	51	3	i	i	PRON
cjal-9251	51	4	ntroduction	ntroduction	NOUN
cjal-9251	51	5	venture	venture	NOUN
cjal-9251	51	6	capital	capital	NOUN
cjal-9251	51	7	(	(	PUNCT
cjal-9251	51	8	"	"	PUNCT
cjal-9251	51	9	vc	vc	NOUN
cjal-9251	51	10	''	''	PUNCT
cjal-9251	51	11	)	)	PUNCT
cjal-9251	51	12	is	be	AUX
cjal-9251	51	13	widely	widely	ADV
cjal-9251	51	14	recognized	recognize	VERB
cjal-9251	51	15	as	as	ADP
cjal-9251	51	16	a	a	DET
cjal-9251	51	17	powerful	powerful	ADJ
cjal-9251	51	18	engine	engine	NOUN
cjal-9251	51	19	that	that	PRON
cjal-9251	51	20	can	can	AUX
cjal-9251	51	21	drive	drive	VERB
cjal-9251	51	22	a	a	DET
cjal-9251	51	23	nation	nation	NOUN
cjal-9251	51	24	's	's	PART
cjal-9251	51	25	innovation	innovation	NOUN
cjal-9251	51	26	,	,	PUNCT
cjal-9251	51	27	job	job	NOUN
cjal-9251	51	28	creation	creation	NOUN
cjal-9251	51	29	,	,	PUNCT
cjal-9251	51	30	knowledge	knowledge	NOUN
cjal-9251	51	31	economy	economy	NOUN
cjal-9251	51	32	,	,	PUNCT
cjal-9251	51	33	and	and	CCONJ
cjal-9251	51	34	macroeconomic	macroeconomic	ADJ
cjal-9251	51	35	growth	growth	NOUN
cjal-9251	51	36	.	.	PUNCT
cjal-9251	52	1	1	1	NUM
cjal-9251	53	1	as	as	ADP
cjal-9251	53	2	such	such	ADJ
cjal-9251	53	3	,	,	PUNCT
cjal-9251	53	4	governments	government	NOUN
cjal-9251	53	5	from	from	ADP
cjal-9251	53	6	various	various	ADJ
cjal-9251	53	7	jurisdictions	jurisdiction	NOUN
cjal-9251	53	8	around	around	ADP
cjal-9251	53	9	the	the	DET
cjal-9251	53	10	world	world	NOUN
cjal-9251	53	11	,	,	PUNCT
cjal-9251	53	12	including	include	VERB
cjal-9251	53	13	germany	germany	PROPN
cjal-9251	53	14	,	,	PUNCT
cjal-9251	53	15	2	2	NUM
cjal-9251	53	16	australia	australia	NOUN
cjal-9251	53	17	,	,	PUNCT
cjal-9251	53	18	3	3	NUM
cjal-9251	53	19	japan	japan	PROPN
cjal-9251	53	20	,	,	PUNCT
cjal-9251	53	21	4	4	NUM
cjal-9251	53	22	1	1	NUM
cjal-9251	53	23	ronald	ronald	PROPN
cjal-9251	53	24	j.	j.	PROPN
cjal-9251	53	25	gilson	gilson	PROPN
cjal-9251	53	26	,	,	PUNCT
cjal-9251	53	27	engineering	engineer	VERB
cjal-9251	53	28	a	a	DET
cjal-9251	53	29	venture	venture	NOUN
cjal-9251	53	30	capital	capital	NOUN
cjal-9251	53	31	markel	markel	PROPN
cjal-9251	53	32	:	:	PUNCT
cjal-9251	53	33	lessons	lesson	NOUN
cjal-9251	53	34	from	from	ADP
cjal-9251	53	35	the	the	DET
cjal-9251	53	36	american	american	ADJ
cjal-9251	53	37	experience	experience	NOUN
cjal-9251	53	38	,	,	PUNCT
cjal-9251	53	39	55	55	NUM
cjal-9251	53	40	stan	stan	NOUN
cjal-9251	53	41	.	.	PUNCT
cjal-9251	54	1	l.	l.	PROPN
cjal-9251	54	2	rev	rev	PROPN
cjal-9251	54	3	.	.	PROPN
cjal-9251	54	4	1067	1067	NUM
cjal-9251	54	5	,	,	PUNCT
cjal-9251	54	6	1068	1068	NUM
cjal-9251	54	7	(	(	PUNCT
cjal-9251	54	8	2003	2003	NUM
cjal-9251	54	9	)	)	PUNCT
cjal-9251	54	10	.	.	PUNCT
cjal-9251	55	1	on	on	ADP
cjal-9251	55	2	the	the	DET
cjal-9251	55	3	importance	importance	NOUN
cjal-9251	55	4	of	of	ADP
cjal-9251	55	5	vc	vc	PROPN
cjal-9251	55	6	,	,	PUNCT
cjal-9251	55	7	see	see	VERB
cjal-9251	55	8	generally	generally	ADV
cjal-9251	55	9	marco	marco	PROPN
cjal-9251	55	10	da	da	PROPN
cjal-9251	55	11	rin	rin	PROPN
cjal-9251	55	12	et	et	PROPN
cjal-9251	55	13	al	al	PROPN
cjal-9251	55	14	.	.	PROPN
cjal-9251	55	15	,	,	PUNCT
cjal-9251	55	16	the	the	DET
cjal-9251	55	17	law	law	NOUN
cjal-9251	55	18	and	and	CCONJ
cjal-9251	55	19	finance	finance	NOUN
cjal-9251	55	20	of	of	ADP
cjal-9251	55	21	venture	venture	NOUN
cjal-9251	55	22	capital	capital	NOUN
cjal-9251	55	23	financing	financing	NOUN
cjal-9251	55	24	in	in	ADP
cjal-9251	55	25	europe	europe	PROPN
cjal-9251	55	26	:	:	PUNCT
cjal-9251	55	27	findings	finding	NOUN
cjal-9251	55	28	from	from	ADP
cjal-9251	55	29	the	the	DET
cjal-9251	55	30	ricafe	ricafe	PROPN
cjal-9251	55	31	research	research	NOUN
cjal-9251	55	32	project	project	NOUN
cjal-9251	55	33	,	,	PUNCT
cjal-9251	55	34	7	7	NUM
cjal-9251	55	35	eur	eur	NOUN
cjal-9251	55	36	.	.	PUNCT
cjal-9251	56	1	bus	bus	NOUN
cjal-9251	56	2	.	.	PUNCT
cjal-9251	57	1	org	org	PROPN
cjal-9251	57	2	.	.	PUNCT
cjal-9251	58	1	l.	l.	PROPN
cjal-9251	58	2	rev	rev	PROPN
cjal-9251	58	3	.	.	PROPN
cjal-9251	58	4	525	525	NUM
cjal-9251	58	5	(	(	PUNCT
cjal-9251	58	6	2006	2006	NUM
cjal-9251	58	7	)	)	PUNCT
cjal-9251	58	8	.	.	PUNCT
cjal-9251	59	1	2	2	NUM
cjal-9251	59	2	see	see	VERB
cjal-9251	59	3	gilson	gilson	PROPN
cjal-9251	59	4	,	,	PUNCT
cjal-9251	59	5	supra	supra	PROPN
cjal-9251	59	6	note	note	PROPN
cjal-9251	59	7	1	1	NUM
cjal-9251	59	8	,	,	PUNCT
cjal-9251	59	9	at	at	ADP
cjal-9251	59	10	1094	1094	NUM
cjal-9251	59	11	-	-	SYM
cjal-9251	59	12	1096	1096	NUM
cjal-9251	59	13	.	.	PUNCT
cjal-9251	60	1	3	3	NUM
cjal-9251	60	2	see	see	VERB
cjal-9251	60	3	the	the	DET
cjal-9251	60	4	treasury	treasury	NOUN
cjal-9251	60	5	and	and	CCONJ
cjal-9251	60	6	the	the	DET
cjal-9251	60	7	department	department	NOUN
cjal-9251	60	8	of	of	ADP
cjal-9251	60	9	industry	industry	NOUN
cjal-9251	60	10	,	,	PUNCT
cjal-9251	60	11	innovation	innovation	NOUN
cjal-9251	60	12	,	,	PUNCT
cjal-9251	60	13	science	science	NOUN
cjal-9251	60	14	,	,	PUNCT
cjal-9251	60	15	research	research	NOUN
cjal-9251	60	16	and	and	CCONJ
cjal-9251	60	17	tertiary	tertiary	ADJ
cjal-9251	60	18	education	education	NOUN
cjal-9251	60	19	of	of	ADP
cjal-9251	60	20	australia	australia	PROPN
cjal-9251	60	21	,	,	PUNCT
cjal-9251	60	22	review	review	NOUN
cjal-9251	60	23	of	of	ADP
cjal-9251	60	24	venture	venture	NOUN
cjal-9251	60	25	capital	capital	NOUN
cjal-9251	60	26	and	and	CCONJ
cjal-9251	60	27	entrepreneurial	entrepreneurial	ADJ
cjal-9251	60	28	skills	skill	NOUN
cjal-9251	60	29	(	(	PUNCT
cjal-9251	60	30	2012	2012	NUM
cjal-9251	60	31	)	)	PUNCT
cjal-9251	60	32	,	,	PUNCT
cjal-9251	60	33	available	available	ADJ
cjal-9251	60	34	at	at	ADP
cjal-9251	60	35	http	http	NOUN
cjal-9251	60	36	:	:	PUNCT
cjal-9251	60	37	//bit.ly/2t1iz3c	//bit.ly/2t1iz3c	PROPN
cjal-9251	60	38	.	.	PUNCT
cjal-9251	60	39	•	•	NUM
cjal-9251	60	40	see	see	VERB
cjal-9251	60	41	zenichi	zenichi	PROPN
cjal-9251	60	42	shishido	shishido	PROPN
cjal-9251	60	43	,	,	PUNCT
cjal-9251	60	44	why	why	SCONJ
cjal-9251	60	45	japanese	japanese	ADJ
cjal-9251	60	46	entrepreneurs	entrepreneur	NOUN
cjal-9251	60	47	do	do	AUX
cjal-9251	60	48	n't	not	PART
cjal-9251	60	49	give	give	VERB
cjal-9251	60	50	up	up	ADP
cjal-9251	60	51	control	control	NOUN
cjal-9251	60	52	to	to	PART
cjal-9251	60	53	venture	venture	VERB
cjal-9251	60	54	capitalists	capitalist	NOUN
cjal-9251	60	55	{	{	PUNCT
cjal-9251	60	56	mar	mar	PROPN
cjal-9251	60	57	.	.	PROPN
cjal-9251	60	58	30	30	NUM
cjal-9251	60	59	,	,	PUNCT
cjal-9251	60	60	2009	2009	NUM
cjal-9251	60	61	)	)	PUNCT
cjal-9251	60	62	(	(	PUNCT
cjal-9251	60	63	unpublished	unpublished	ADJ
cjal-9251	60	64	manuscript	manuscript	NOUN
cjal-9251	60	65	)	)	PUNCT
cjal-9251	60	66	,	,	PUNCT
cjal-9251	60	67	available	available	ADJ
cjal-9251	60	68	at	at	ADP
cjal-9251	60	69	http://bit.ly/2w8jrd.a	http://bit.ly/2w8jrd.a	NOUN
cjal-9251	60	70	.	.	PUNCT
cjal-9251	61	1	162	162	NUM
cjal-9251	61	2	columbia	columbia	PROPN
cjal-9251	61	3	journal	journal	PROPN
cjal-9251	61	4	of	of	ADP
cjal-9251	61	5	asian	asian	PROPN
cjal-9251	61	6	la	la	PROPN
cjal-9251	61	7	ii	ii	PROPN
cjal-9251	62	1	[	[	X
cjal-9251	62	2	vol	vol	NOUN
cjal-9251	62	3	.	.	PUNCT
cjal-9251	62	4	30:160	30:160	NUM
cjal-9251	62	5	israel	israel	PROPN
cjal-9251	62	6	,	,	PUNCT
cjal-9251	62	7	5	5	NUM
cjal-9251	62	8	chile	chile	NOUN
cjal-9251	62	9	,	,	PUNCT
cjal-9251	62	10	g	g	PROPN
cjal-9251	62	11	taiwan	taiwan	PROPN
cjal-9251	62	12	7	7	NUM
cjal-9251	62	13	and	and	CCONJ
cjal-9251	62	14	singapore	singapore	PROPN
cjal-9251	62	15	,	,	PUNCT
cjal-9251	62	16	s	s	AUX
cjal-9251	62	17	have	have	AUX
cjal-9251	62	18	all	all	PRON
cjal-9251	62	19	tried	try	VERB
cjal-9251	62	20	to	to	PART
cjal-9251	62	21	promote	promote	VERB
cjal-9251	62	22	the	the	DET
cjal-9251	62	23	development	development	NOUN
cjal-9251	62	24	of	of	ADP
cjal-9251	62	25	vc	vc	PROPN
cjal-9251	62	26	mark	mark	PROPN
cjal-9251	62	27	et	et	PROPN
cjal-9251	62	28	s.	s.	PROPN
cjal-9251	62	29	generally	generally	ADV
cjal-9251	62	30	,	,	PUNCT
cjal-9251	62	31	government	government	NOUN
cjal-9251	62	32	programs	program	NOUN
cjal-9251	62	33	have	have	AUX
cjal-9251	62	34	not	not	PART
cjal-9251	62	35	been	be	AUX
cjal-9251	62	36	especially	especially	ADV
cjal-9251	62	37	successful.9	successful.9	PROPN
cjal-9251	62	38	however	however	ADV
cjal-9251	62	39	,	,	PUNCT
cjal-9251	62	40	china	china	PROPN
cjal-9251	62	41	's	's	PART
cjal-9251	62	42	efforts	effort	NOUN
cjal-9251	62	43	seem	seem	VERB
cjal-9251	62	44	to	to	PART
cjal-9251	62	45	have	have	AUX
cjal-9251	62	46	borne	bear	VERB
cjal-9251	62	47	fruit	fruit	NOUN
cjal-9251	62	48	.	.	PUNCT
cjal-9251	63	1	over	over	ADP
cjal-9251	63	2	three	three	NUM
cjal-9251	63	3	decade	decade	NOUN
cjal-9251	63	4	s	s	PART
cjal-9251	63	5	,	,	PUNCT
cjal-9251	63	6	china	china	PROPN
cjal-9251	63	7	has	have	AUX
cjal-9251	63	8	created	create	VERB
cjal-9251	63	9	the	the	DET
cjal-9251	63	10	world	world	NOUN
cjal-9251	63	11	's	's	PART
cjal-9251	63	12	second	second	ADV
cjal-9251	63	13	largest	large	ADJ
cjal-9251	63	14	vc	vc	NOUN
cjal-9251	63	15	market	market	NOUN
cjal-9251	63	16	in	in	ADP
cjal-9251	63	17	terms	term	NOUN
cjal-9251	63	18	of	of	ADP
cjal-9251	63	19	annual	annual	ADJ
cjal-9251	63	20	vc	vc	PROPN
cjal-9251	63	21	investment	investment	NOUN
cjal-9251	63	22	,	,	PUNCT
cjal-9251	63	23	10	10	NUM
cjal-9251	63	24	second	second	ADJ
cjal-9251	63	25	only	only	ADV
cjal-9251	63	26	to	to	ADP
cjal-9251	63	27	the	the	DET
cjal-9251	63	28	united	united	PROPN
cjal-9251	63	29	states	states	PROPN
cjal-9251	63	30	(	(	PUNCT
cjal-9251	63	31	u.s	u.s	PROPN
cjal-9251	63	32	.	.	PROPN
cjal-9251	63	33	)	)	PUNCT
cjal-9251	63	34	.	.	PUNCT
cjal-9251	64	1	thi	thi	AUX
cjal-9251	64	2	s	s	PRON
cjal-9251	64	3	article	article	NOUN
cjal-9251	64	4	will	will	AUX
cjal-9251	64	5	explore	explore	VERB
cjal-9251	64	6	the	the	DET
cjal-9251	64	7	elements	element	NOUN
cjal-9251	64	8	of	of	ADP
cjal-9251	64	9	china	china	PROPN
cjal-9251	64	10	's	's	PART
cjal-9251	64	11	experience	experience	NOUN
cjal-9251	64	12	in	in	ADP
cjal-9251	64	13	engineering	engineer	VERB
cjal-9251	64	14	a	a	DET
cjal-9251	64	15	national	national	ADJ
cjal-9251	64	16	vc	vc	PROPN
cjal-9251	64	17	market	market	NOUN
cjal-9251	64	18	,	,	PUNCT
cjal-9251	64	19	as	as	ADV
cjal-9251	64	20	well	well	ADV
cjal-9251	64	21	as	as	ADP
cjal-9251	64	22	concerns	concern	NOUN
cjal-9251	64	23	about	about	ADP
cjal-9251	64	24	its	its	PRON
cjal-9251	64	25	continued	continue	VERB
cjal-9251	64	26	growth	growth	NOUN
cjal-9251	64	27	of	of	ADP
cjal-9251	64	28	the	the	DET
cjal-9251	64	29	market	market	NOUN
cjal-9251	64	30	.	.	PUNCT
cjal-9251	65	1	in	in	ADP
cjal-9251	65	2	a	a	DET
cjal-9251	65	3	ground	ground	NOUN
cjal-9251	65	4	-	-	PUNCT
cjal-9251	65	5	breaking	break	VERB
cjal-9251	65	6	article	article	NOUN
cjal-9251	65	7	,	,	PUNCT
cjal-9251	65	8	professor	professor	PROPN
cjal-9251	65	9	ronald	ronald	PROPN
cjal-9251	65	10	gilson	gilson	PROPN
cjal-9251	65	11	explained	explain	VERB
cjal-9251	65	12	that	that	SCONJ
cjal-9251	65	13	a	a	DET
cjal-9251	65	14	vc	vc	PROPN
cjal-9251	65	15	market	market	NOUN
cjal-9251	65	16	requires	require	VERB
cjal-9251	65	17	three	three	NUM
cjal-9251	65	18	key	key	ADJ
cjal-9251	65	19	elements	element	NOUN
cjal-9251	65	20	to	to	PART
cjal-9251	65	21	thrive	thrive	VERB
cjal-9251	65	22	:	:	PUNCT
cjal-9251	65	23	(	(	PUNCT
cjal-9251	65	24	1	1	X
cjal-9251	65	25	)	)	PUNCT
cjal-9251	65	26	providers	provider	NOUN
cjal-9251	65	27	of	of	ADP
cjal-9251	65	28	capital	capital	NOUN
cjal-9251	65	29	with	with	ADP
cjal-9251	65	30	appetites	appetite	NOUN
cjal-9251	65	31	for	for	ADP
cjal-9251	65	32	highrisk	highrisk	NOUN
cjal-9251	65	33	,	,	PUNCT
cjal-9251	65	34	high	high	ADJ
cjal-9251	65	35	-	-	PUNCT
cjal-9251	65	36	return	return	NOUN
cjal-9251	65	37	mvestments	mvestment	NOUN
cjal-9251	65	38	:	:	PUNCT
cjal-9251	65	39	(	(	PUNCT
cjal-9251	65	40	2	2	X
cjal-9251	65	41	)	)	PUNCT
cjal-9251	65	42	specialized	specialized	ADJ
cjal-9251	65	43	financial	financial	ADJ
cjal-9251	65	44	intermediaries	intermediary	NOUN
cjal-9251	65	45	-	-	PUNCT
cjal-9251	65	46	vg	vg	ADP
cjal-9251	65	47	firms	firm	NOUN
cjal-9251	65	48	-	-	PUNCT
cjal-9251	65	49	that	that	PRON
cjal-9251	65	50	properly	properly	ADV
cjal-9251	65	51	incentivize	incentivize	VERB
cjal-9251	65	52	all	all	DET
cjal-9251	65	53	participants	participant	NOUN
cjal-9251	65	54	in	in	ADP
cjal-9251	65	55	the	the	DET
cjal-9251	65	56	vc	vc	PROPN
cjal-9251	65	57	market	market	NOUN
cjal-9251	65	58	;	;	PUNCT
cjal-9251	65	59	and	and	CCONJ
cjal-9251	65	60	(	(	PUNCT
cjal-9251	65	61	3	3	X
cjal-9251	65	62	)	)	PUNCT
cjal-9251	65	63	entrep	entrep	NOUN
cjal-9251	65	64	reneurs	reneur	NOUN
cjal-9251	65	65	.	.	PUNCT
cjal-9251	66	1	11	11	NUM
cjal-9251	66	2	this	this	DET
cjal-9251	66	3	much	much	ADV
cjal-9251	66	4	is	be	AUX
cjal-9251	66	5	straightforward	straightforward	ADJ
cjal-9251	66	6	,	,	PUNCT
cjal-9251	66	7	but	but	CCONJ
cjal-9251	66	8	as	as	SCONJ
cjal-9251	66	9	he	he	PRON
cjal-9251	66	10	further	far	ADV
cjal-9251	66	11	e>	e>	NOUN
cjal-9251	66	12	..	..	PUNCT
cjal-9251	66	13	'])lained	'])laine	VERB
cjal-9251	66	14	,	,	PUNCT
cjal-9251	66	15	the	the	DET
cjal-9251	66	16	~	~	NOUN
cjal-9251	66	17	e	e	ADP
cjal-9251	66	18	three	three	NUM
cjal-9251	66	19	elements	element	NOUN
cjal-9251	66	20	must	must	AUX
cjal-9251	66	21	emerge	emerge	VERB
cjal-9251	66	22	simultaneously	simultaneously	ADV
cjal-9251	66	23	.	.	PUNCT
cjal-9251	67	1	the	the	DET
cjal-9251	67	2	simultaneous	simultaneous	ADJ
cjal-9251	67	3	emergence	emergence	NOUN
cjal-9251	67	4	of	of	ADP
cjal-9251	67	5	all	all	DET
cjal-9251	67	6	three	three	NUM
cjal-9251	67	7	elements	element	NOUN
cjal-9251	67	8	is	be	AUX
cjal-9251	67	9	difficult	difficult	ADJ
cjal-9251	67	10	to	to	PART
cjal-9251	67	11	envision	envision	VERB
cjal-9251	67	12	with	with	ADP
cjal-9251	67	13	or	or	CCONJ
cjal-9251	67	14	without	without	ADP
cjal-9251	67	15	government	government	NOUN
cjal-9251	67	16	involvement	involvement	NOUN
cjal-9251	67	17	.	.	PUNCT
cjal-9251	68	1	for	for	ADP
cjal-9251	68	2	example	example	NOUN
cjal-9251	68	3	,	,	PUNCT
cjal-9251	68	4	if	if	SCONJ
cjal-9251	68	5	there	there	PRON
cjal-9251	68	6	is	be	VERB
cjal-9251	68	7	no	no	DET
cjal-9251	68	8	capital	capital	NOUN
cjal-9251	68	9	available	available	ADJ
cjal-9251	68	10	in	in	ADP
cjal-9251	68	11	an	an	DET
cjal-9251	68	12	economy	economy	NOUN
cjal-9251	68	13	for	for	ADP
cjal-9251	68	14	high	high	ADJ
cjal-9251	68	15	-	-	PUNCT
cjal-9251	68	16	risk	risk	NOUN
cjal-9251	68	17	bu	bu	NOUN
cjal-9251	68	18	sinesses	sinesse	NOUN
cjal-9251	68	19	,	,	PUNCT
cjal-9251	68	20	how	how	SCONJ
cjal-9251	68	21	will	will	AUX
cjal-9251	68	22	entrepreneurs	entrepreneur	NOUN
cjal-9251	68	23	emerge	emerge	VERB
cjal-9251	68	24	to	to	PART
cjal-9251	68	25	form	form	VERB
cjal-9251	68	26	such	such	ADJ
cjal-9251	68	27	businesses	business	NOUN
cjal-9251	68	28	,	,	PUNCT
cjal-9251	68	29	and	and	CCONJ
cjal-9251	68	30	how	how	SCONJ
cjal-9251	68	31	will	will	AUX
cjal-9251	68	32	in	in	ADP
cjal-9251	68	33	termediaries	termediarie	NOUN
cjal-9251	68	34	emerge	emerge	VERB
cjal-9251	68	35	to	to	PART
cjal-9251	68	36	identify	identify	VERB
cjal-9251	68	37	the	the	DET
cjal-9251	68	38	best	good	ADJ
cjal-9251	68	39	of	of	ADP
cjal-9251	68	40	those	those	DET
cjal-9251	68	41	entrepreneurs	entrepreneur	NOUN
cjal-9251	68	42	and	and	CCONJ
cjal-9251	68	43	channel	channel	NOUN
cjal-9251	68	44	investment	investment	NOUN
cjal-9251	68	45	funds	fund	NOUN
cjal-9251	68	46	to	to	ADP
cjal-9251	68	47	them	they	PRON
cjal-9251	68	48	?	?	PUNCT
cjal-9251	69	1	gilson	gilson	PROPN
cjal-9251	69	2	refers	refer	VERB
cjal-9251	69	3	to	to	ADP
cjal-9251	69	4	this	this	PRON
cjal-9251	69	5	as	as	ADP
cjal-9251	69	6	the	the	DET
cjal-9251	69	7	"	"	PUNCT
cjal-9251	69	8	simultan	simultan	ADJ
cjal-9251	69	9	eity	eity	NOUN
cjal-9251	69	10	problem	problem	NOUN
cjal-9251	69	11	.	.	PUNCT
cjal-9251	70	1	"	"	PUNCT
cjal-9251	70	2	12	12	NUM
cjal-9251	70	3	he	he	PRON
cjal-9251	70	4	attributes	attribute	VERB
cjal-9251	70	5	the	the	DET
cjal-9251	70	6	success	success	NOUN
cjal-9251	70	7	of	of	ADP
cjal-9251	70	8	the	the	DET
cjal-9251	70	9	u.s	u.s	PROPN
cjal-9251	70	10	.	.	PROPN
cjal-9251	70	11	vc	vc	PROPN
cjal-9251	70	12	mark	mark	PROPN
cjal-9251	70	13	et	et	PROPN
cjal-9251	70	14	in	in	ADP
cjal-9251	70	15	solving	solve	VERB
cjal-9251	70	16	the	the	DET
cjal-9251	70	17	simultaneity	simultaneity	NOUN
cjal-9251	70	18	problem	problem	NOUN
cjal-9251	70	19	to	to	ADP
cjal-9251	70	20	private	private	ADJ
cjal-9251	70	21	ordering	ordering	NOUN
cjal-9251	70	22	,	,	PUNCT
cjal-9251	70	23	13	13	NUM
cjal-9251	70	24	explaining	explain	VERB
cjal-9251	70	25	that	that	SCONJ
cjal-9251	70	26	the	the	DET
cjal-9251	70	27	"	"	PUNCT
cjal-9251	70	28	u.s	u.s	PROPN
cjal-9251	70	29	.	.	PROPN
cjal-9251	70	30	vc	vc	PROPN
cjal-9251	70	31	market	market	NOUN
cjal-9251	70	32	developed	develop	VERB
cjal-9251	70	33	organically	organically	ADV
cjal-9251	70	34	,	,	PUNCT
cjal-9251	70	35	largely	largely	ADV
cjal-9251	70	36	without	without	ADP
cjal-9251	70	37	governm	governm	PROPN
cjal-9251	70	38	ent	ent	NOUN
cjal-9251	70	39	assistance	assistance	NOUN
cjal-9251	70	40	and	and	CCONJ
cjal-9251	70	41	certainly	certainly	ADV
cjal-9251	70	42	without	without	ADP
cjal-9251	70	43	government	government	NOUN
cjal-9251	70	44	des	des	PROPN
cjal-9251	70	45	ign	ign	PROPN
cjal-9251	70	46	.	.	PUNCT
cjal-9251	71	1	"	"	PUNCT
cjal-9251	71	2	14	14	NUM
cjal-9251	71	3	inst	inst	PROPN
cjal-9251	71	4	ead	ead	PROPN
cjal-9251	71	5	,	,	PUNCT
cjal-9251	71	6	it	it	PRON
cjal-9251	71	7	was	be	AUX
cjal-9251	71	8	the	the	DET
cjal-9251	71	9	"	"	PUNCT
cjal-9251	71	10	idiosyncratic	idiosyncratic	ADJ
cjal-9251	71	11	''	''	PUNCT
cjal-9251	71	12	history	history	NOUN
cjal-9251	71	13	of	of	ADP
cjal-9251	71	14	the	the	DET
cjal-9251	71	15	u	u	NOUN
cjal-9251	71	16	.s	.s	NOUN
cjal-9251	71	17	.	.	PUNCT
cjal-9251	72	1	vc	vc	NOUN
cjal-9251	72	2	market	market	NOUN
cjal-9251	72	3	that	that	PRON
cjal-9251	72	4	encouraged	encourage	VERB
cjal-9251	72	5	the	the	DET
cjal-9251	72	6	simultaneous	simultaneous	ADJ
cjal-9251	72	7	emergence	emergence	NOUN
cjal-9251	72	8	of	of	ADP
cjal-9251	72	9	entrepreneurs	entrepreneur	NOUN
cjal-9251	72	10	,	,	PUNCT
cjal-9251	72	11	inv	inv	VERB
cjal-9251	72	12	esto	esto	ADJ
cjal-9251	72	13	rs	rs	NOUN
cjal-9251	72	14	,	,	PUNCT
cjal-9251	72	15	and	and	CCONJ
cjal-9251	72	16	th	th	X
cjal-9251	72	17	e	e	NOUN
cjal-9251	72	18	right	right	ADJ
cjal-9251	72	19	vehicles	vehicle	NOUN
cjal-9251	72	20	that	that	PRON
cjal-9251	72	21	served	serve	VERB
cjal-9251	72	22	as	as	ADP
cjal-9251	72	23	the	the	DET
cjal-9251	72	24	"	"	PUNCT
cjal-9251	72	25	nexus	nexus	NOUN
cjal-9251	72	26	of	of	ADP
cjal-9251	72	27	a	a	DET
cjal-9251	72	28	set	set	NOUN
cjal-9251	72	29	of	of	ADP
cjal-9251	72	30	sophisticated	sophisticated	ADJ
cjal-9251	72	31	contracts	contract	NOUN
cjal-9251	72	32	.	.	PUNCT
cjal-9251	73	1	"	"	PUNCT
cjal-9251	73	2	16	16	NUM
cjal-9251	73	3	this	this	DET
cjal-9251	73	4	raise	raise	NOUN
cjal-9251	73	5	s	s	VERB
cjal-9251	73	6	the	the	DET
cjal-9251	73	7	question	question	NOUN
cjal-9251	73	8	of	of	ADP
cjal-9251	73	9	whether	whether	SCONJ
cjal-9251	73	10	it	it	PRON
cjal-9251	73	11	is	be	AUX
cjal-9251	73	12	possible	possible	ADJ
cjal-9251	73	13	for	for	SCONJ
cjal-9251	73	14	governments	government	NOUN
cjal-9251	73	15	to	to	PART
cjal-9251	73	16	successfully	successfully	ADV
cjal-9251	73	17	engineer	engineer	VERB
cjal-9251	73	18	vc	vc	PROPN
cjal-9251	73	19	mark	mark	PROPN
cjal-9251	73	20	ets	ets	PROPN
cjal-9251	73	21	.	.	PUNCT
cjal-9251	74	1	most	most	ADJ
cjal-9251	74	2	governments	government	NOUN
cjal-9251	74	3	have	have	AUX
cjal-9251	74	4	tried	try	VERB
cjal-9251	74	5	to	to	PART
cjal-9251	74	6	address	address	VERB
cjal-9251	74	7	the	the	DET
cjal-9251	74	8	simultaneity	simultaneity	NOUN
cjal-9251	74	9	pr	pr	PRON
cjal-9251	74	10	oblem	oblem	NOUN
cjal-9251	74	11	by	by	ADP
cjal-9251	74	12	creating	create	VERB
cjal-9251	74	13	government	government	NOUN
cjal-9251	74	14	programs	program	NOUN
cjal-9251	74	15	to	to	PART
cjal-9251	74	16	provide	provide	VERB
cjal-9251	74	17	capital	capital	NOUN
cjal-9251	74	18	,	,	PUNCT
cjal-9251	74	19	encourage	encourage	VERB
cjal-9251	74	20	entrepr	entrepr	ADJ
cjal-9251	74	21	eneurship	eneurship	NOUN
cjal-9251	74	22	,	,	PUNCT
cjal-9251	74	23	and	and	CCONJ
cjal-9251	74	24	attract	attract	VERB
cjal-9251	74	25	knowledgeable	knowledgeable	ADJ
cjal-9251	74	26	6	6	NUM
cjal-9251	74	27	see	see	NOUN
cjal-9251	74	28	gilson	gilson	PROPN
cjal-9251	74	29	,	,	PUNCT
cjal-9251	74	30	supra	supra	PROPN
cjal-9251	74	31	note	note	PROPN
cjal-9251	74	32	1	1	NUM
cjal-9251	74	33	,	,	PUNCT
cjal-9251	74	34	at	at	ADP
cjal-9251	74	35	1097	1097	NUM
cjal-9251	74	36	.	.	PUNCT
cjal-9251	75	1	see	see	VERB
cjal-9251	75	2	also	also	ADV
cjal-9251	75	3	josh	josh	PROPN
cjal-9251	75	4	ler.--.'er	ler.--.'er	PROPN
cjal-9251	75	5	,	,	PUNCT
cjal-9251	75	6	boule\'ard	boule\'ard	PROPN
cjal-9251	75	7	of	of	ADP
cjal-9251	75	8	broke~	broke~	PROPN
cjal-9251	75	9	dreams	dream	NOUN
cjal-9251	75	10	:	:	PUNCT
cjal-9251	75	11	why	why	SCONJ
cjal-9251	75	12	publi	publi	NOUN
cjal-9251	75	13	c	c	PROPN
cjal-9251	75	14	efforts	effort	NOUN
cjal-9251	75	15	to	to	PART
cjal-9251	75	16	boost	boost	VERB
cjal-9251	75	17	entrepreneurshlp	entrepreneurshlp	PROPN
cjal-9251	75	18	a.	a.	PROPN
cjal-9251	75	19	"ffi	"ffi	PROPN
cjal-9251	75	20	\'e1\i'l1ib	\'e1\i'l1ib	ADJ
cjal-9251	75	21	capital	capital	NOUN
cjal-9251	75	22	ha	ha	INTJ
cjal-9251	75	23	ve	ve	AUX
cjal-9251	75	24	failed	fail	VERB
cjal-9251	75	25	-	-	PUNCT
cjal-9251	75	26	and	and	CCONJ
cjal-9251	75	27	what	what	PRON
cjal-9251	75	28	to	to	PART
cjal-9251	75	29	do	do	VERB
cjal-9251	75	30	about	about	ADP
cjal-9251	75	31	it	it	PRON
cjal-9251	75	32	42	42	NUM
cjal-9251	75	33	(	(	PUNCT
cjal-9251	75	34	2009	2009	NUM
cjal-9251	75	35	)	)	PUNCT
cjal-9251	75	36	.	.	PUNCT
cjal-9251	76	1	6	6	NUM
cjal-9251	76	2	see	see	VERB
cjal-9251	76	3	gilson	gilson	PROPN
cjal-9251	76	4	,	,	PUNCT
cjal-9251	76	5	supra	supra	PROPN
cjal-9251	76	6	note	note	PROPN
cjal-9251	76	7	1	1	NUM
cjal-9251	76	8	,	,	PUNCT
cjal-9251	76	9	at	at	ADP
cjal-9251	76	10	1098	1098	NUM
cjal-9251	76	11	.	.	PUNCT
cjal-9251	76	12	7	7	NUM
cjal-9251	76	13	christopher	christopher	PROPN
cjal-9251	76	14	gulinell_o	gulinell_o	PROPN
cjal-9251	76	15	,	,	PUNCT
cjal-9251	76	16	engineering	engineer	VERB
cjal-9251	76	17	a	a	DET
cjal-9251	76	18	venture	venture	NOUN
cjal-9251	76	19	capital	capital	NOUN
cjal-9251	76	20	market	market	NOUN
cjal-9251	76	21	and	and	CCONJ
cjal-9251	76	22	the	the	DET
cjal-9251	76	23	effects	effect	NOUN
cjal-9251	76	24	of	of	ADP
cjal-9251	76	25	gouernment	gouernment	NOUN
cjal-9251	76	26	control	control	NOUN
cjal-9251	76	27	on	on	ADP
cjal-9251	76	28	prwate	prwate	ADJ
cjal-9251	76	29	ordering	ordering	NOUN
cjal-9251	76	30	:	:	PUNCT
cjal-9251	76	31	lessons	lesson	NOUN
cjal-9251	76	32	from	from	ADP
cjal-9251	76	33	the	the	DET
cjal-9251	76	34	ta	ta	PROPN
cjal-9251	76	35	·	·	PUNCT
cjal-9251	76	36	e	e	X
cjal-9251	76	37	·	·	PUNCT
cjal-9251	76	38	g	g	PROPN
cjal-9251	76	39	w	w	PROPN
cjal-9251	76	40	ash	ash	NOUN
cjal-9251	76	41	.	.	PUNCT
cjal-9251	77	1	int'l	int'l	PROPN
cjal-9251	77	2	l.	l.	PROPN
cjal-9251	77	3	re	re	PROPN
cjal-9251	77	4	v.	v.	ADP
cjal-9251	77	5	845	845	NUM
cjal-9251	77	6	(	(	PUNCT
cjal-9251	77	7	2005	2005	NUM
cjal-9251	77	8	)	)	PUNCT
cjal-9251	77	9	.	.	PUNCT
cjal-9251	78	1	~wan	~wan	PROPN
cjal-9251	78	2	xpenence	xpenence	PROPN
cjal-9251	78	3	,	,	PUNCT
cjal-9251	78	4	3	3	X
cjal-9251	78	5	/	/	SYM
cjal-9251	78	6	eo	eo	NOUN
cjal-9251	78	7	.	.	PROPN
cjal-9251	78	8	8	8	NUM
cjal-9251	78	9	lerner	lerner	PROPN
cjal-9251	78	10	,	,	PUNCT
cjal-9251	78	11	supra	supra	PROPN
cjal-9251	78	12	note	note	PROPN
cjal-9251	78	13	5	5	NUM
cjal-9251	78	14	,	,	PUNCT
cjal-9251	78	15	at	at	ADP
cjal-9251	78	16	42	42	NUM
cjal-9251	78	17	.	.	PUNCT
cjal-9251	78	18	9	9	NUM
cjal-9251	78	19	gilson	gilson	PROPN
cjal-9251	78	20	,	,	PUNCT
cjal-9251	78	21	supra	supra	PROPN
cjal-9251	78	22	note	note	PROPN
cjal-9251	78	23	1	1	NUM
cjal-9251	78	24	,	,	PUNCT
cjal-9251	78	25	at	at	ADP
cjal-9251	78	26	1070	1070	NUM
cjal-9251	78	27	;	;	PUNCT
cjal-9251	78	28	lerner	lerner	PROPN
cjal-9251	78	29	,	,	PUNCT
cjal-9251	78	30	supra	supra	PROPN
cjal-9251	78	31	note	note	VERB
cjal-9251	78	32	5	5	NUM
cjal-9251	78	33	t	t	NOUN
cjal-9251	78	34	192	192	NUM
cjal-9251	78	35	10	10	NUM
cjal-9251	78	36	see	see	VERB
cjal-9251	78	37	ernst	ernst	PROPN
cjal-9251	78	38	&	&	CCONJ
cjal-9251	78	39	young	young	PROPN
cjal-9251	78	40	,	,	PUNCT
cjal-9251	78	41	back	back	ADV
cjal-9251	78	42	to	to	ADP
cjal-9251	78	43	reality	reality	NOUN
cjal-9251	78	44	·	·	PUNCT
cjal-9251	78	45	global	global	ADJ
cjal-9251	78	46	ve	ve	NOUN
cjal-9251	78	47	'	'	PUNCT
cjal-9251	78	48	an""ure	an""ure	PROPN
cjal-9251	78	49	.	.	PUNCT
cjal-9251	79	1	c	c	NOUN
cjal-9251	79	2	3	3	NUM
cjal-9251	79	3	0	0	NUM
cjal-9251	79	4	2	2	NUM
cjal-9251	79	5	(	(	PUNCT
cjal-9251	79	6	20	20	NUM
cjal-9251	79	7	6	6	NUM
cjal-9251	79	8	)	)	PUNCT
cjal-9251	79	9	"	"	PUNCT
cjal-9251	79	10	l	l	NOUN
cjal-9251	79	11	.	.	PUNCT
cjal-9251	80	1	•	•	NUM
cjal-9251	80	2	•	•	NUM
cjal-9251	80	3	apital	apital	ADJ
cjal-9251	80	4	tre	tre	PROPN
cjal-9251	80	5	:	:	PUNCT
cjal-9251	80	6	sds	sds	PROPN
cjal-9251	80	7	2015	2015	NUM
cjal-9251	80	8	1	1	NUM
cjal-9251	80	9	-1	-1	SYM
cjal-9251	80	10	1	1	NUM
cjal-9251	80	11	,	,	PUNCT
cjal-9251	80	12	aum	aum	PROPN
cjal-9251	80	13	able	able	ADJ
cjal-9251	80	14	at	at	ADP
cjal-9251	80	15	http	http	PROPN
cjal-9251	80	16	s://go	s://go	NOUN
cjal-9251	80	17	.ey	.ey	PUNCT
cjal-9251	81	1	.com	.com	PROPN
cjal-9251	81	2	/	/	SYM
cjal-9251	81	3	lqifexd	lqifexd	PROPN
cjal-9251	81	4	[	[	X
cjal-9251	81	5	hereinafter	hereinafter	NOUN
cjal-9251	81	6	b	b	NOUN
cjal-9251	81	7	•	•	ADP
cjal-9251	81	8	'	'	NUM
cjal-9251	81	9	11	11	NUM
cjal-9251	81	10	gilson	gilson	NOUN
cjal-9251	81	11	,	,	PUNCT
cjal-9251	81	12	supra	supra	PROPN
cjal-9251	81	13	note	note	PROPN
cjal-9251	81	14	1	1	NUM
cjal-9251	81	15	,	,	PUNCT
cjal-9251	81	16	at	at	ADP
cjal-9251	81	17	1076	1076	NUM
cjal-9251	81	18	-	-	SYM
cjal-9251	81	19	78	78	NUM
cjal-9251	81	20	,	,	PUNCT
cjal-9251	81	21	1093	1093	NUM
cjal-9251	81	22	_	_	PUNCT
cjal-9251	81	23	ack	ack	VERB
cjal-9251	81	24	to	to	ADP
cjal-9251	81	25	realit'i	realit'i	PROPN
cjal-9251	81	26	]	]	PUNCT
cjal-9251	81	27	.	.	PUNCT
cjal-9251	82	1	12	12	NUM
cjal-9251	83	1	i	i	PRON
cjal-9251	83	2	d.	d.	PROPN
cjal-9251	83	3	at	at	ADP
cjal-9251	83	4	1093	1093	NUM
cjal-9251	83	5	.	.	PUNCT
cjal-9251	84	1	13	13	NUM
cjal-9251	85	1	i	i	PRON
cjal-9251	85	2	d.	d.	PROPN
cjal-9251	85	3	at	at	ADP
cjal-9251	85	4	1069	1069	NUM
cjal-9251	85	5	,	,	PUNCT
cjal-9251	85	6	1093	1093	NUM
cjal-9251	85	7	.	.	PUNCT
cjal-9251	86	1	14	14	NUM
cjal-9251	86	2	see	see	VERB
cjal-9251	86	3	i	i	PRON
cjal-9251	86	4	d.	d.	PROPN
cjal-9251	86	5	at	at	ADP
cjal-9251	86	6	1070	1070	NUM
cjal-9251	86	7	.	.	PUNCT
cjal-9251	87	1	10	10	NUM
cjal-9251	87	2	i	i	PRON
cjal-9251	87	3	d.	d.	PROPN
cjal-9251	87	4	at	at	ADP
cjal-9251	87	5	1069	1069	NUM
cjal-9251	87	6	,	,	PUNCT
cjal-9251	87	7	1093	1093	NUM
cjal-9251	87	8	.	.	PUNCT
cjal-9251	88	1	2017	2017	NUM
cjal-9251	88	2	)	)	PUNCT
cjal-9251	88	3	engineering	engineer	VERB
cjal-9251	88	4	a	a	DET
cjal-9251	88	5	venture	venture	NOUN
cjal-9251	88	6	capital	capital	NOUN
cjal-9251	88	7	market	market	NOUN
cjal-9251	88	8	163	163	NUM
cjal-9251	88	9	financial	financial	ADJ
cjal-9251	88	10	intermediaries	intermediary	NOUN
cjal-9251	88	11	.	.	PUNCT
cjal-9251	89	1	for	for	ADP
cjal-9251	89	2	the	the	DET
cjal-9251	89	3	most	most	ADJ
cjal-9251	89	4	part	part	NOUN
cjal-9251	89	5	,	,	PUNCT
cjal-9251	89	6	however	however	ADV
cjal-9251	89	7	,	,	PUNCT
cjal-9251	89	8	these	these	DET
cjal-9251	89	9	programs	program	NOUN
cjal-9251	89	10	failed	fail	VERB
cjal-9251	89	11	because	because	SCONJ
cjal-9251	89	12	they	they	PRON
cjal-9251	89	13	could	could	AUX
cjal-9251	89	14	not	not	PART
cjal-9251	89	15	adequately	adequately	ADV
cjal-9251	89	16	respond	respond	VERB
cjal-9251	89	17	to	to	ADP
cjal-9251	89	18	the	the	DET
cjal-9251	89	19	problems	problem	NOUN
cjal-9251	89	20	inherent	inherent	ADJ
cjal-9251	89	21	in	in	ADP
cjal-9251	89	22	vc	vc	PROPN
cjal-9251	89	23	financing	financing	NOUN
cjal-9251	89	24	:	:	PUNCT
cjal-9251	89	25	uncertainty	uncertainty	NOUN
cjal-9251	89	26	,	,	PUNCT
cjal-9251	89	27	information	information	NOUN
cjal-9251	89	28	asymmetry	asymmetry	NOUN
cjal-9251	89	29	,	,	PUNCT
cjal-9251	89	30	and	and	CCONJ
cjal-9251	89	31	agency	agency	NOUN
cjal-9251	89	32	cost.16	cost.16	PROPN
cjal-9251	89	33	china	china	PROPN
cjal-9251	89	34	offers	offer	VERB
cjal-9251	89	35	a	a	DET
cjal-9251	89	36	fascinating	fascinating	ADJ
cjal-9251	89	37	case	case	NOUN
cjal-9251	89	38	study	study	NOUN
cjal-9251	89	39	of	of	ADP
cjal-9251	89	40	how	how	SCONJ
cjal-9251	89	41	a	a	DET
cjal-9251	89	42	vc	vc	NOUN
cjal-9251	89	43	market	market	NOUN
cjal-9251	89	44	can	can	AUX
cjal-9251	89	45	be	be	AUX
cjal-9251	89	46	engineered	engineer	VERB
cjal-9251	89	47	:	:	PUNCT
cjal-9251	89	48	its	its	PRON
cjal-9251	89	49	vc	vc	PROPN
cjal-9251	89	50	market	market	NOUN
cjal-9251	89	51	is	be	AUX
cjal-9251	89	52	one	one	NUM
cjal-9251	89	53	of	of	ADP
cjal-9251	89	54	the	the	DET
cjal-9251	89	55	fastest	fast	ADJ
cjal-9251	89	56	developing	develop	VERB
cjal-9251	89	57	and	and	CCONJ
cjal-9251	89	58	largest	large	ADJ
cjal-9251	89	59	engineered	engineer	VERB
cjal-9251	89	60	markets	market	NOUN
cjal-9251	89	61	in	in	ADP
cjal-9251	89	62	the	the	DET
cjal-9251	89	63	world	world	NOUN
cjal-9251	89	64	.	.	PUNCT
cjal-9251	90	1	17	17	NUM
cjal-9251	90	2	before	before	ADP
cjal-9251	90	3	1985	1985	NUM
cjal-9251	90	4	,	,	PUNCT
cjal-9251	90	5	vc	vc	PROPN
cjal-9251	90	6	did	do	AUX
cjal-9251	90	7	not	not	PART
cjal-9251	90	8	exist	exist	VERB
cjal-9251	90	9	in	in	ADP
cjal-9251	90	10	china	china	PROPN
cjal-9251	90	11	.	.	PUNCT
cjal-9251	91	1	18	18	NUM
cjal-9251	92	1	but	but	CCONJ
cjal-9251	92	2	after	after	ADP
cjal-9251	92	3	three	three	NUM
cjal-9251	92	4	decades	decade	NOUN
cjal-9251	92	5	of	of	ADP
cjal-9251	92	6	development	development	NOUN
cjal-9251	92	7	,	,	PUNCT
cjal-9251	92	8	china	china	PROPN
cjal-9251	92	9	now	now	ADV
cjal-9251	92	10	receives	receive	VERB
cjal-9251	92	11	the	the	DET
cjal-9251	92	12	second	second	ADV
cjal-9251	92	13	largest	large	ADJ
cjal-9251	92	14	annual	annual	ADJ
cjal-9251	92	15	vc	vc	NOUN
cjal-9251	92	16	investment	investment	NOUN
cjal-9251	92	17	in	in	ADP
cjal-9251	92	18	the	the	DET
cjal-9251	92	19	world.i9	world.i9	NOUN
cjal-9251	92	20	in	in	ADP
cjal-9251	92	21	2016	2016	NUM
cjal-9251	92	22	,	,	PUNCT
cjal-9251	92	23	636	636	NUM
cjal-9251	92	24	new	new	ADJ
cjal-9251	92	25	vc	vc	NOUN
cjal-9251	92	26	funds	fund	NOUN
cjal-9251	92	27	were	be	AUX
cjal-9251	92	28	set	set	VERB
cjal-9251	92	29	up	up	ADP
cjal-9251	92	30	in	in	ADP
cjal-9251	92	31	china	china	PROPN
cjal-9251	92	32	,	,	PUNCT
cjal-9251	92	33	collectively	collectively	ADV
cjal-9251	92	34	raising	raise	VERB
cjal-9251	92	35	more	more	ADJ
cjal-9251	92	36	than	than	ADP
cjal-9251	92	37	usd	usd	NOUN
cjal-9251	92	38	50	50	NUM
cjal-9251	92	39	billion	billion	NUM
cjal-9251	92	40	of	of	ADP
cjal-9251	92	41	fresh	fresh	ADJ
cjal-9251	92	42	capital	capital	NOUN
cjal-9251	92	43	for	for	ADP
cjal-9251	92	44	investment	investment	NOUN
cjal-9251	92	45	.	.	PUNCT
cjal-9251	93	1	this	this	PRON
cjal-9251	93	2	represented	represent	VERB
cjal-9251	93	3	a	a	DET
cjal-9251	93	4	79.46	79.46	NUM
cjal-9251	93	5	%	%	NOUN
cjal-9251	93	6	increase	increase	NOUN
cjal-9251	93	7	over	over	ADP
cjal-9251	93	8	the	the	DET
cjal-9251	93	9	previous	previous	ADJ
cjal-9251	93	10	year	year	NOUN
cjal-9251	93	11	.	.	PUNCT
cjal-9251	94	1	20	20	NUM
cjal-9251	94	2	additionally	additionally	ADV
cjal-9251	94	3	,	,	PUNCT
cjal-9251	94	4	there	there	PRON
cjal-9251	94	5	were	be	VERB
cjal-9251	94	6	3,683	3,683	NUM
cjal-9251	94	7	vc	vc	NOUN
cjal-9251	94	8	investment	investment	NOUN
cjal-9251	94	9	deals	deal	NOUN
cjal-9251	94	10	closed	close	VERB
cjal-9251	94	11	in	in	ADP
cjal-9251	94	12	2016	2016	NUM
cjal-9251	94	13	,	,	PUNCT
cjal-9251	94	14	an	an	DET
cjal-9251	94	15	increase	increase	NOUN
cjal-9251	94	16	of	of	ADP
cjal-9251	94	17	6.91	6.91	NUM
cjal-9251	94	18	%	%	NOUN
cjal-9251	94	19	from	from	ADP
cjal-9251	94	20	2015	2015	NUM
cjal-9251	94	21	,	,	PUNCT
cjal-9251	94	22	and	and	CCONJ
cjal-9251	94	23	of	of	ADP
cjal-9251	94	24	91.2	91.2	NUM
cjal-9251	94	25	%	%	NOUN
cjal-9251	94	26	from	from	ADP
cjal-9251	94	27	2014	2014	NUM
cjal-9251	94	28	.	.	PUNCT
cjal-9251	95	1	21	21	NUM
cjal-9251	95	2	total	total	NOUN
cjal-9251	95	3	vc	vc	PROPN
cjal-9251	95	4	investment	investment	NOUN
cjal-9251	95	5	in	in	ADP
cjal-9251	95	6	china	china	PROPN
cjal-9251	95	7	was	be	AUX
cjal-9251	95	8	usd	usd	PROPN
cjal-9251	95	9	48.9	48.9	NUM
cjal-9251	95	10	billion	billion	NUM
cjal-9251	95	11	,	,	PUNCT
cjal-9251	95	12	surpassing	surpass	VERB
cjal-9251	95	13	vc	vc	NOUN
cjal-9251	95	14	investment	investment	NOUN
cjal-9251	95	15	in	in	ADP
cjal-9251	95	16	the	the	DET
cjal-9251	95	17	entirety	entirety	NOUN
cjal-9251	95	18	of	of	ADP
cjal-9251	95	19	europe	europe	PROPN
cjal-9251	95	20	combined	combine	VERB
cjal-9251	95	21	.	.	PUNCT
cjal-9251	96	1	22	22	NUM
cjal-9251	96	2	also	also	ADV
cjal-9251	96	3	,	,	PUNCT
cjal-9251	96	4	of	of	ADP
cjal-9251	96	5	the	the	DET
cjal-9251	96	6	top	top	ADJ
cjal-9251	96	7	five	five	NUM
cjal-9251	96	8	vc	vc	NOUN
cjal-9251	96	9	deals	deal	NOUN
cjal-9251	96	10	worldwide	worldwide	ADV
cjal-9251	96	11	in	in	ADP
cjal-9251	96	12	2015	2015	NUM
cjal-9251	96	13	,	,	PUNCT
cjal-9251	96	14	three	three	NUM
cjal-9251	96	15	were	be	AUX
cjal-9251	96	16	made	make	VERB
cjal-9251	96	17	in	in	ADP
cjal-9251	96	18	china	china	PROPN
cjal-9251	96	19	.	.	PUNCT
cjal-9251	97	1	23	23	NUM
cjal-9251	97	2	while	while	SCONJ
cjal-9251	97	3	the	the	DET
cjal-9251	97	4	united	united	PROPN
cjal-9251	97	5	states	states	PROPN
cjal-9251	97	6	dominated	dominate	VERB
cjal-9251	97	7	global	global	ADJ
cjal-9251	97	8	vc	vc	NOUN
cjal-9251	97	9	activity	activity	NOUN
cjal-9251	97	10	by	by	ADP
cjal-9251	97	11	deal	deal	NOUN
cjal-9251	97	12	quantity	quantity	NOUN
cjal-9251	97	13	and	and	CCONJ
cjal-9251	97	14	value	value	NOUN
cjal-9251	97	15	in	in	ADP
cjal-9251	97	16	2015	2015	NUM
cjal-9251	97	17	with	with	ADP
cjal-9251	97	18	3916	3916	NUM
cjal-9251	97	19	investment	investment	NOUN
cjal-9251	97	20	deals	deal	NOUN
cjal-9251	97	21	(	(	PUNCT
cjal-9251	97	22	in	in	ADP
cjal-9251	97	23	total	total	NOUN
cjal-9251	97	24	valued	value	VERB
cjal-9251	97	25	at	at	ADP
cjal-9251	97	26	usd	usd	NOUN
cjal-9251	97	27	72.3	72.3	NUM
cjal-9251	97	28	billion	billion	NUM
cjal-9251	97	29	)	)	PUNCT
cjal-9251	97	30	,	,	PUNCT
cjal-9251	97	31	two	two	NUM
cjal-9251	97	32	out	out	ADP
cjal-9251	97	33	of	of	ADP
cjal-9251	97	34	three	three	NUM
cjal-9251	97	35	top	top	ADJ
cjal-9251	97	36	deals	deal	NOUN
cjal-9251	97	37	were	be	AUX
cjal-9251	97	38	china	china	PROPN
cjal-9251	97	39	-	-	PUNCT
cjal-9251	97	40	based	base	VERB
cjal-9251	97	41	.	.	PROPN
cjal-9251	98	1	24	24	NUM
cjal-9251	98	2	vc	vc	PROPN
cjal-9251	98	3	exits	exit	NOUN
cjal-9251	98	4	were	be	AUX
cjal-9251	98	5	also	also	ADV
cjal-9251	98	6	impressive	impressive	ADJ
cjal-9251	98	7	,	,	PUNCT
cjal-9251	98	8	with	with	ADP
cjal-9251	98	9	the	the	DET
cjal-9251	98	10	amount	amount	NOUN
cjal-9251	98	11	raised	raise	VERB
cjal-9251	98	12	from	from	ADP
cjal-9251	98	13	exits	exit	NOUN
cjal-9251	98	14	via	via	ADP
cjal-9251	98	15	!	!	PUNCT
cjal-9251	98	16	po	po	PROPN
cjal-9251	98	17	and	and	CCONJ
cjal-9251	98	18	m&a	m&a	PROPN
cjal-9251	98	19	reaching	reach	VERB
cjal-9251	98	20	usd	usd	NOUN
cjal-9251	98	21	8.2	8.2	NUM
cjal-9251	98	22	billion	billion	NUM
cjal-9251	98	23	and	and	CCONJ
cjal-9251	98	24	usd	usd	NOUN
cjal-9251	98	25	11.5	11.5	NUM
cjal-9251	98	26	billion	billion	NUM
cjal-9251	98	27	respectively	respectively	ADV
cjal-9251	98	28	,	,	PUNCT
cjal-9251	98	29	in	in	ADP
cjal-9251	98	30	2015.25	2015.25	NUM
cjal-9251	98	31	for	for	ADP
cjal-9251	98	32	context	context	NOUN
cjal-9251	98	33	,	,	PUNCT
cjal-9251	98	34	vc	vc	AUX
cjal-9251	98	35	exits	exit	VERB
cjal-9251	98	36	via	via	ADP
cjal-9251	98	37	!	!	PUNCT
cjal-9251	98	38	po	po	PROPN
cjal-9251	98	39	and	and	CCONJ
cjal-9251	98	40	m&a	m&a	PROPN
cjal-9251	98	41	in	in	ADP
cjal-9251	98	42	the	the	DET
cjal-9251	98	43	united	united	PROPN
cjal-9251	98	44	states	states	PROPN
cjal-9251	98	45	raised	raise	VERB
cjal-9251	98	46	usd	usd	NOUN
cjal-9251	98	47	6	6	NUM
cjal-9251	98	48	billion	billion	NUM
cjal-9251	98	49	and	and	CCONJ
cjal-9251	98	50	usd	usd	NOUN
cjal-9251	98	51	54	54	NUM
cjal-9251	98	52	billion	billion	NUM
cjal-9251	98	53	respectively	respectively	ADV
cjal-9251	98	54	in	in	ADP
cjal-9251	98	55	the	the	DET
cjal-9251	98	56	same	same	ADJ
cjal-9251	98	57	period.26	period.26	NOUN
cjal-9251	98	58	as	as	ADP
cjal-9251	98	59	of	of	ADP
cjal-9251	98	60	the	the	DET
cjal-9251	98	61	end	end	NOUN
cjal-9251	98	62	of	of	ADP
cjal-9251	98	63	2014	2014	NUM
cjal-9251	98	64	,	,	PUNCT
cjal-9251	98	65	vc	vc	PROPN
cjal-9251	98	66	investments	investment	NOUN
cjal-9251	98	67	contributed	contribute	VERB
cjal-9251	98	68	directly	directly	ADV
cjal-9251	98	69	and	and	CCONJ
cjal-9251	98	70	indirectly	indirectly	ADV
cjal-9251	98	71	to	to	ADP
cjal-9251	98	72	9.3	9.3	NUM
cjal-9251	98	73	%	%	NOUN
cjal-9251	98	74	of	of	ADP
cjal-9251	98	75	china	china	PROPN
cjal-9251	98	76	's	's	PART
cjal-9251	98	77	gdp	gdp	NOUN
cjal-9251	98	78	.	.	PROPN
cjal-9251	98	79	27	27	NUM
cjal-9251	99	1	these	these	DET
cjal-9251	99	2	figures	figure	NOUN
cjal-9251	99	3	underline	underline	VERB
cjal-9251	99	4	the	the	DET
cjal-9251	99	5	16	16	NUM
cjal-9251	99	6	i	i	NOUN
cjal-9251	99	7	d	d	PROPN
cjal-9251	99	8	.	.	PUNCT
cjal-9251	100	1	at	at	ADP
cjal-9251	100	2	1070	1070	NUM
cjal-9251	100	3	.	.	PUNCT
cjal-9251	101	1	17	17	NUM
cjal-9251	101	2	anette	anette	PROPN
cjal-9251	101	3	jonsson	jonsson	PROPN
cjal-9251	101	4	,	,	PUNCT
cjal-9251	101	5	venture	venture	NOUN
cjal-9251	101	6	capital	capital	NOUN
cjal-9251	101	7	continues	continue	VERB
cjal-9251	101	8	to	to	PART
cjal-9251	101	9	flow	flow	VERB
cjal-9251	101	10	into	into	ADP
cjal-9251	101	11	chinese	chinese	ADJ
cjal-9251	101	12	startups	startup	NOUN
cjal-9251	101	13	,	,	PUNCT
cjal-9251	101	14	wall	wall	PROPN
cjal-9251	101	15	st	st	PROPN
cjal-9251	101	16	.	.	PROPN
cjal-9251	101	17	j.	j.	PROPN
cjal-9251	101	18	(	(	PUNCT
cjal-9251	101	19	apr	apr	PROPN
cjal-9251	101	20	.	.	PROPN
cjal-9251	101	21	28	28	NUM
cjal-9251	101	22	,	,	PUNCT
cjal-9251	101	23	2015	2015	NUM
cjal-9251	101	24	)	)	PUNCT
cjal-9251	101	25	,	,	PUNCT
cjal-9251	101	26	http://www.wsj.com/articles/venture-capital-continues-to-flow-intochinese-startups-1430244889	http://www.wsj.com/articles/venture-capital-continues-to-flow-intochinese-startups-1430244889	PROPN
cjal-9251	101	27	.	.	PUNCT
cjal-9251	101	28	venture	venture	NOUN
cjal-9251	101	29	capital	capital	NOUN
cjal-9251	101	30	soars	soar	NOUN
cjal-9251	101	31	and	and	CCONJ
cjal-9251	101	32	investor	investor	NOUN
cjal-9251	101	33	expectations	expectation	NOUN
cjal-9251	101	34	follow	follow	VERB
cjal-9251	101	35	,	,	PUNCT
cjal-9251	101	36	nikkei	nikkei	PROPN
cjal-9251	101	37	asian	asian	PROPN
cjal-9251	101	38	rev	rev	PROPN
cjal-9251	101	39	.	.	PUNCT
cjal-9251	102	1	(	(	PUNCT
cjal-9251	102	2	feb	feb	PROPN
cjal-9251	102	3	.	.	PROPN
cjal-9251	102	4	18	18	NUM
cjal-9251	102	5	,	,	PUNCT
cjal-9251	102	6	2016	2016	NUM
cjal-9251	102	7	)	)	PUNCT
cjal-9251	102	8	,	,	PUNCT
cjal-9251	102	9	http://asia.nikkei.com/politicseconomy/economynenture-capital-soars-and-investor-expectations-follow	http://asia.nikkei.com/politicseconomy/economynenture-capital-soars-and-investor-expectations-follow	PROPN
cjal-9251	102	10	;	;	PUNCT
cjal-9251	102	11	lucinda	lucinda	PROPN
cjal-9251	102	12	shen	shen	PROPN
cjal-9251	102	13	,	,	PUNCT
cjal-9251	102	14	china	china	PROPN
cjal-9251	102	15	is	be	AUX
cjal-9251	102	16	the	the	DET
cjal-9251	102	17	biggest	big	ADJ
cjal-9251	102	18	venti	venti	NOUN
cjal-9251	102	19	,	,	PUNCT
cjal-9251	102	20	re	re	ADJ
cjal-9251	102	21	capital	capital	NOUN
cjal-9251	102	22	firm	firm	NOUN
cjal-9251	102	23	in	in	ADP
cjal-9251	102	24	the	the	DET
cjal-9251	102	25	world	world	NOUN
cjal-9251	102	26	,	,	PUNCT
cjal-9251	102	27	fortune	fortune	NOUN
cjal-9251	102	28	(	(	PUNCT
cjal-9251	102	29	mar	mar	PROPN
cjal-9251	102	30	.	.	PROPN
cjal-9251	102	31	9	9	NUM
cjal-9251	102	32	,	,	PUNCT
cjal-9251	102	33	2016	2016	NUM
cjal-9251	102	34	)	)	PUNCT
cjal-9251	102	35	,	,	PUNCT
cjal-9251	102	36	http://for.tn/2tzym0s	http://for.tn/2tzym0s	PROPN
cjal-9251	102	37	.	.	PROPN
cjal-9251	102	38	18	18	NUM
cjal-9251	102	39	see	see	VERB
cjal-9251	102	40	text	text	NOUN
cjal-9251	102	41	accompanying	accompanying	ADJ
cjal-9251	102	42	note	note	NOUN
cjal-9251	102	43	59	59	NUM
cjal-9251	102	44	,	,	PUNCT
cjal-9251	102	45	infra	infra	NOUN
cjal-9251	102	46	.	.	PUNCT
cjal-9251	103	1	19	19	NUM
cjal-9251	103	2	see	see	VERB
cjal-9251	103	3	back	back	ADV
cjal-9251	103	4	to	to	ADP
cjal-9251	103	5	realjty	realjty	NOUN
cjal-9251	103	6	,	,	PUNCT
cjal-9251	103	7	supra	supra	PROPN
cjal-9251	103	8	note	note	NOUN
cjal-9251	103	9	10	10	NUM
cjal-9251	103	10	,	,	PUNCT
cjal-9251	103	11	at	at	ADP
cjal-9251	103	12	3	3	NUM
cjal-9251	103	13	,	,	PUNCT
cjal-9251	103	14	10	10	NUM
cjal-9251	103	15	-	-	SYM
cjal-9251	103	16	12	12	NUM
cjal-9251	103	17	.	.	PUNCT
cjal-9251	103	18	20	20	NUM
cjal-9251	103	19	qingke	qingke	VERB
cjal-9251	103	20	yanjiu	yanjiu	PROPN
cjal-9251	103	21	zhongx.in	zhongx.in	PROPN
cjal-9251	103	22	(	(	PUNCT
cjal-9251	103	23	ffl#-li}f	ffl#-li}f	PROPN
cjal-9251	103	24	,	,	PUNCT
cjal-9251	103	25	l;rp	l;rp	PROPN
cjal-9251	103	26	,	,	PUNCT
cjal-9251	103	27	i	i	PRON
cjal-9251	103	28	:	:	PUNCT
cjal-9251	103	29	,	,	PUNCT
cjal-9251	103	30	,	,	PUNCT
cjal-9251	103	31	)	)	PUNCT
cjal-9251	104	1	[	[	X
cjal-9251	104	2	zero2ipo	zero2ipo	X
cjal-9251	104	3	research	research	NOUN
cjal-9251	104	4	center	center	NOUN
cjal-9251	104	5	]	]	PUNCT
cjal-9251	104	6	,	,	PUNCT
cjal-9251	104	7	qingke	qingke	VERB
cjal-9251	104	8	yanjiu	yanjiu	PROPN
cjal-9251	104	9	niandu	niandu	PROPN
cjal-9251	104	10	juzhi	juzhi	PROPN
cjal-9251	104	11	(	(	PUNCT
cjal-9251	104	12	rrl.fihiff'1:~f.l'.t§1fi1j	rrl.fihiff'1:~f.l'.t§1fi1j	PROPN
cjal-9251	104	13	)	)	PUNCT
cjal-9251	105	1	[	[	X
cjal-9251	105	2	zero2ipo	zero2ipo	X
cjal-9251	105	3	's	's	PART
cjal-9251	105	4	yearly	yearly	ADJ
cjal-9251	105	5	mangum	mangum	NOUN
cjal-9251	105	6	opus	opus	PROPN
cjal-9251	105	7	]	]	PUNCT
cjal-9251	105	8	,	,	PUNCT
cjal-9251	105	9	touzijie	touzijie	NOUN
cjal-9251	105	10	(	(	PUNCT
cjal-9251	105	11	n	n	NUM
cjal-9251	105	12	:	:	PUNCT
cjal-9251	105	13	!	!	PUNCT
cjal-9251	106	1	jijn	jijn	PROPN
cjal-9251	107	1	[	[	X
cjal-9251	107	2	pedaily	pedaily	ADV
cjal-9251	107	3	]	]	X
cjal-9251	107	4	(	(	PUNCT
cjal-9251	107	5	jan	jan	PROPN
cjal-9251	107	6	.	.	PROPN
cjal-9251	107	7	21	21	NUM
cjal-9251	107	8	,	,	PUNCT
cjal-9251	107	9	2017	2017	NUM
cjal-9251	107	10	)	)	PUNCT
cjal-9251	107	11	,	,	PUNCT
cjal-9251	107	12	http://bit.ly/2sztjfd	http://bit.ly/2sztjfd	PROPN
cjal-9251	107	13	.	.	PROPN
cjal-9251	107	14	21	21	NUM
cjal-9251	107	15	see	see	VERB
cjal-9251	107	16	zero2ipo	zero2ipo	PROPN
cjal-9251	107	17	research	research	NOUN
cjal-9251	107	18	center	center	NOUN
cjal-9251	107	19	,	,	PUNCT
cjal-9251	107	20	venture	venture	NOUN
cjal-9251	107	21	capital	capital	NOUN
cjal-9251	107	22	annual	annual	ADJ
cjal-9251	107	23	report	report	NOUN
cjal-9251	107	24	2014	2014	NUM
cjal-9251	107	25	,	,	PUNCT
cjal-9251	107	26	zer02ipo	zer02ipo	PROPN
cjal-9251	107	27	publisher	publisher	NOUN
cjal-9251	107	28	(	(	PUNCT
cjal-9251	107	29	2015	2015	NUM
cjal-9251	107	30	)	)	PUNCT
cjal-9251	107	31	,	,	PUNCT
cjal-9251	107	32	http	http	NOUN
cjal-9251	107	33	:	:	PUNCT
cjal-9251	107	34	//research	//research	X
cjal-9251	107	35	.	.	PUNCT
cjal-9251	108	1	pedaily	pedaily	ADV
cjal-9251	108	2	.cn/	.cn/	NUM
cjal-9251	108	3	report	report	NOUN
cjal-9251	108	4	/	/	SYM
cjal-9251	108	5	free/130	free/130	PROPN
cjal-9251	108	6	l	l	NOUN
cjal-9251	108	7	.shtml	.shtml	PUNCT
cjal-9251	108	8	.	.	PROPN
cjal-9251	108	9	22	22	NUM
cjal-9251	108	10	see	see	VERB
cjal-9251	108	11	back	back	ADV
cjal-9251	108	12	to	to	ADP
cjal-9251	108	13	reality	reality	NOUN
cjal-9251	108	14	,	,	PUNCT
cjal-9251	108	15	supra	supra	PROPN
cjal-9251	108	16	note	note	NOUN
cjal-9251	108	17	10	10	NUM
cjal-9251	108	18	,	,	PUNCT
cjal-9251	108	19	at	at	ADP
cjal-9251	108	20	3	3	NUM
cjal-9251	108	21	,	,	PUNCT
cjal-9251	108	22	10	10	NUM
cjal-9251	108	23	-	-	SYM
cjal-9251	108	24	12	12	NUM
cjal-9251	108	25	.	.	PUNCT
cjal-9251	108	26	23	23	NUM
cjal-9251	109	1	i	i	PRON
cjal-9251	109	2	d.	d.	PROPN
cjal-9251	109	3	at	at	ADP
cjal-9251	109	4	10	10	NUM
cjal-9251	109	5	.	.	PUNCT
cjal-9251	109	6	21	21	NUM
cjal-9251	110	1	i	i	PRON
cjal-9251	110	2	d.	d.	PROPN
cjal-9251	110	3	at	at	ADP
cjal-9251	110	4	3	3	NUM
cjal-9251	110	5	.	.	PUNCT
cjal-9251	111	1	"	"	PUNCT
cjal-9251	111	2	'	'	PUNCT
cjal-9251	111	3	id.at	id.at	ADJ
cjal-9251	111	4	10	10	NUM
cjal-9251	111	5	.	.	PUNCT
cjal-9251	111	6	26	26	NUM
cjal-9251	112	1	i	i	PRON
cjal-9251	112	2	d.	d.	PROPN
cjal-9251	112	3	at	at	ADP
cjal-9251	112	4	6	6	NUM
cjal-9251	112	5	.	.	PUNCT
cjal-9251	112	6	.	.	PUNCT
cjal-9251	113	1	27niu	27niu	NOUN
cjal-9251	113	2	fulian	fulian	NOUN
cjal-9251	113	3	(	(	PUNCT
cjal-9251	113	4	4''ii'lll.i	4''ii'lll.i	NUM
cjal-9251	113	5	)	)	PUNCT
cjal-9251	113	6	&	&	CCONJ
cjal-9251	113	7	wang	wang	PROPN
cjal-9251	113	8	jingjing	jingjing	PROPN
cjal-9251	113	9	(:	(:	PROPN
cjal-9251	113	10	:	:	PUNCT
cjal-9251	113	11	efafa	efafa	PROPN
cjal-9251	113	12	)	)	PUNCT
cjal-9251	113	13	,	,	PUNCT
cjal-9251	113	14	jujiao	jujiao	PROPN
cjal-9251	113	15	xin	xin	PROPN
cjal-9251	113	16	changtai	changtai	PROPN
cjal-9251	113	17	xia	xia	PROPN
cjal-9251	114	1	_	_	PROPN
cjal-9251	115	1	fengxian	fengxian	ADJ
cjal-9251	115	2	touzi	touzi	PROPN
cjal-9251	115	3	gaige	gaige	PROPN
cjal-9251	115	4	yu	yu	PROPN
cjal-9251	115	5	chuangxin	chuangxin	PROPN
cjal-9251	115	6	(	(	PUNCT
cjal-9251	115	7	xia	xia	PROPN
cjal-9251	115	8	)	)	PUNCT
cjal-9251	115	9	(	(	PUNCT
cjal-9251	115	10	~~ffi'ii\"~rjxl.~nj1ii&.i$:.!,jb	~~ffi'ii\"~rjxl.~nj1ii&.i$:.!,jb	NOUN
cjal-9251	115	11	~	~	SYM
cjal-9251	115	12	fficf	fficf	NOUN
cjal-9251	115	13	)	)	PUNCT
cjal-9251	115	14	)	)	PUNCT
cjal-9251	116	1	[	[	X
cjal-9251	116	2	focusing	focus	VERB
cjal-9251	116	3	on	on	ADP
cjal-9251	116	4	the	the	DET
cjal-9251	116	5	reform	reform	NOUN
cjal-9251	116	6	and	and	CCONJ
cjal-9251	116	7	innovation	innovation	NOUN
cjal-9251	116	8	of	of	ADP
cjal-9251	116	9	venture	venture	NOUN
cjal-9251	116	10	capital	capital	NOUN
cjal-9251	116	11	under	under	ADP
cjal-9251	116	12	the	the	DET
cjal-9251	116	13	new	new	ADJ
cjal-9251	116	14	normal	normal	ADJ
cjal-9251	116	15	(	(	PUNCT
cjal-9251	116	16	part	part	NOUN
cjal-9251	116	17	ii~	ii~	PROPN
cjal-9251	116	18	]	]	PUNCT
cjal-9251	116	19	,	,	PUNCT
cjal-9251	116	20	zho_ngguo	zho_ngguo	PROPN
cjal-9251	116	21	jingji	jingji	PROPN
cjal-9251	116	22	shibao	shibao	PROPN
cjal-9251	116	23	(	(	PUNCT
cjal-9251	116	24	if	if	SCONJ
cjal-9251	116	25	'	'	PUNCT
cjal-9251	116	26	l'i!h&b'fll	l'i!h&b'fll	ADJ
cjal-9251	116	27	-	-	PUNCT
cjal-9251	116	28	fffl	fffl	NOUN
cjal-9251	116	29	.	.	PUNCT
cjal-9251	116	30	)	)	PUNCT
cjal-9251	117	1	[	[	X
cjal-9251	117	2	clllna	clllna	PROPN
cjal-9251	117	3	economic	economic	PROPN
cjal-9251	117	4	times	time	NOUN
cjal-9251	117	5	]	]	X
cjal-9251	117	6	(	(	PUNCT
cjal-9251	117	7	jul	jul	PROPN
cjal-9251	117	8	10	10	NUM
cjal-9251	117	9	,	,	PUNCT
cjal-9251	117	10	2015	2015	NUM
cjal-9251	117	11	)	)	PUNCT
cjal-9251	117	12	,	,	PUNCT
cjal-9251	117	13	http://b1t.ly/2ujilse	http://b1t.ly/2ujilse	PROPN
cjal-9251	117	14	.	.	PROPN
cjal-9251	117	15	164	164	NUM
cjal-9251	117	16	columbia	columbia	PROPN
cjal-9251	117	17	j	j	PROPN
cjal-9251	117	18	ournal	ournal	NOUN
cjal-9251	117	19	of	of	ADP
cjal-9251	117	20	asia,\	asia,\	PROPN
cjal-9251	117	21	"	"	PUNCT
cjal-9251	117	22	law	law	NOUN
cjal-9251	117	23	[	[	X
cjal-9251	117	24	vol	vol	NOUN
cjal-9251	117	25	.	.	PUNCT
cjal-9251	117	26	30:160	30:160	NUM
cjal-9251	117	27	significance	significance	NOUN
cjal-9251	117	28	of	of	ADP
cjal-9251	117	29	the	the	DET
cjal-9251	117	30	chinese	chinese	PROPN
cjal-9251	117	31	vc	vc	PROPN
cjal-9251	117	32	mark	mark	PROPN
cjal-9251	117	33	et	et	PROPN
cjal-9251	117	34	and	and	CCONJ
cjal-9251	117	35	its	its	PRON
cjal-9251	117	36	influence	influence	NOUN
cjal-9251	117	37	on	on	ADP
cjal-9251	117	38	china	china	PROPN
cjal-9251	117	39	's	's	PART
cjal-9251	117	40	economy	economy	NOUN
cjal-9251	117	41	.	.	PUNCT
cjal-9251	117	42	.	.	PUNCT
cjal-9251	118	1	the	the	DET
cjal-9251	118	2	growth	growth	NOUN
cjal-9251	118	3	of	of	ADP
cjal-9251	118	4	the	the	DET
cjal-9251	118	5	vc	vc	PROPN
cjal-9251	118	6	market	market	NOUN
cjal-9251	118	7	in	in	ADP
cjal-9251	118	8	china	china	PROPN
cjal-9251	118	9	over	over	ADP
cjal-9251	118	10	the	the	DET
cjal-9251	118	11	pa	pa	PROPN
cjal-9251	118	12	~	~	PROPN
cjal-9251	118	13	t	t	PROPN
cjal-9251	118	14	dec	dec	PROPN
cjal-9251	118	15	~	~	SYM
cjal-9251	118	16	de	de	X
cjal-9251	118	17	is	be	AUX
cjal-9251	118	18	without	without	ADP
cjal-9251	118	19	precedent	precedent	NOUN
cjal-9251	118	20	.	.	PUNCT
cjal-9251	119	1	in	in	ADP
cjal-9251	119	2	the	the	DET
cjal-9251	119	3	u	u	NOUN
cjal-9251	119	4	.k	.k	PROPN
cjal-9251	119	5	.	.	PUNCT
cjal-9251	119	6	,	,	PUNCT
cjal-9251	119	7	vc	vc	PROPN
cjal-9251	119	8	investments	investment	NOUN
cjal-9251	119	9	peaked	peak	VERB
cjal-9251	119	10	m	m	VERB
cjal-9251	119	11	200	200	NUM
cjal-9251	119	12	1	1	NUM
cjal-9251	119	13	and	and	CCONJ
cjal-9251	119	14	have	have	AUX
cjal-9251	119	15	remained	remain	VERB
cjal-9251	119	16	relatively	relatively	ADV
cjal-9251	119	17	stagnant	stagnant	ADJ
cjal-9251	119	18	,	,	PUNCT
cjal-9251	119	19	28	28	NUM
cjal-9251	119	20	totaling	total	VERB
cjal-9251	119	21	usd	usd	NOUN
cjal-9251	119	22	4.8	4.8	NUM
cjal-9251	119	23	billion	billion	NUM
cjal-9251	119	24	m	m	NOUN
cjal-9251	119	25	2015	2015	NUM
cjal-9251	119	26	(	(	PUNCT
cjal-9251	119	27	0	0	NUM
cjal-9251	119	28	.	.	NOUN
cjal-9251	119	29	168	168	NUM
cjal-9251	119	30	%	%	NOUN
cjal-9251	119	31	of	of	ADP
cjal-9251	119	32	u.k	u.k	PROPN
cjal-9251	119	33	.	.	PROPN
cjal-9251	119	34	's	's	PART
cjal-9251	119	35	2015	2015	NUM
cjal-9251	119	36	gdp	gdp	NOUN
cjal-9251	119	37	)	)	PUNCT
cjal-9251	119	38	.	.	PUNCT
cjal-9251	120	1	29	29	NUM
cjal-9251	121	1	the	the	DET
cjal-9251	121	2	value	value	NOUN
cjal-9251	121	3	of	of	ADP
cjal-9251	121	4	vc	vc	PROPN
cjal-9251	121	5	investments	investment	NOUN
cjal-9251	121	6	in	in	ADP
cjal-9251	121	7	germany	germany	PROPN
cjal-9251	121	8	and	and	CCONJ
cjal-9251	121	9	france	france	PROPN
cjal-9251	121	10	amounted	amount	VERB
cjal-9251	121	11	to	to	ADP
cjal-9251	121	12	usd	usd	PROPN
cjal-9251	121	13	2.9	2.9	NUM
cjal-9251	121	14	billi	billi	NOUN
cjal-9251	121	15	on	on	ADP
cjal-9251	121	16	(	(	PUNCT
cjal-9251	121	17	0.086	0.086	NUM
cjal-9251	121	18	%	%	NOUN
cjal-9251	121	19	of	of	ADP
cjal-9251	121	20	gdp	gdp	NOUN
cjal-9251	121	21	)	)	PUNCT
cjal-9251	121	22	and	and	CCONJ
cjal-9251	121	23	usd	usd	NOUN
cjal-9251	121	24	1.9	1.9	NUM
cjal-9251	121	25	billion	billion	NUM
cjal-9251	121	26	(	(	PUNCT
cjal-9251	121	27	0.078	0.078	NUM
cjal-9251	121	28	%	%	NOUN
cjal-9251	121	29	of	of	ADP
cjal-9251	121	30	gdp	gdp	NOUN
cjal-9251	121	31	)	)	PUNCT
cjal-9251	121	32	respectively	respectively	ADV
cjal-9251	121	33	in	in	ADP
cjal-9251	121	34	2015	2015	NUM
cjal-9251	121	35	.	.	PUNCT
cjal-9251	122	1	30	30	NUM
cjal-9251	122	2	in	in	ADP
cjal-9251	122	3	stark	stark	ADJ
cjal-9251	122	4	contrast	contrast	NOUN
cjal-9251	122	5	,	,	PUNCT
cjal-9251	122	6	china	china	PROPN
cjal-9251	122	7	's	's	PART
cjal-9251	122	8	vc	vc	PROPN
cjal-9251	122	9	market	market	NOUN
cjal-9251	122	10	h	h	NOUN
cjal-9251	122	11	as	as	ADP
cjal-9251	122	12	maintained	maintain	VERB
cjal-9251	122	13	rapid	rapid	ADJ
cjal-9251	122	14	growth	growth	NOUN
cjal-9251	122	15	since	since	SCONJ
cjal-9251	122	16	2002	2002	NUM
cjal-9251	122	17	,	,	PUNCT
cjal-9251	122	18	with	with	ADP
cjal-9251	122	19	fund	fund	NOUN
cjal-9251	122	20	raising	raising	NOUN
cjal-9251	122	21	,	,	PUNCT
cjal-9251	122	22	investments	investment	NOUN
cjal-9251	122	23	,	,	PUNCT
cjal-9251	122	24	and	and	CCONJ
cjal-9251	122	25	exits	exit	VERB
cjal-9251	122	26	r	r	NOUN
cjal-9251	122	27	eaching	eache	VERB
cjal-9251	122	28	a	a	DET
cjal-9251	122	29	record	record	NOUN
cjal-9251	122	30	high	high	ADJ
cjal-9251	122	31	in	in	ADP
cjal-9251	122	32	2015	2015	NUM
cjal-9251	122	33	(	(	PUNCT
cjal-9251	122	34	0.450	0.450	NUM
cjal-9251	122	35	%	%	NOUN
cjal-9251	122	36	of	of	ADP
cjal-9251	122	37	gdp	gdp	NOUN
cjal-9251	122	38	)	)	PUNCT
cjal-9251	122	39	.	.	PUNCT
cjal-9251	123	1	31	31	NUM
cjal-9251	124	1	in	in	ADP
cjal-9251	124	2	contrast	contrast	NOUN
cjal-9251	124	3	to	to	ADP
cjal-9251	124	4	the	the	DET
cjal-9251	124	5	u.s	u.s	PROPN
cjal-9251	124	6	.	.	PROPN
cjal-9251	124	7	,	,	PUNCT
cjal-9251	124	8	china	china	PROPN
cjal-9251	124	9	's	's	PART
cjal-9251	124	10	vc	vc	PROPN
cjal-9251	124	11	market	market	NOUN
cjal-9251	124	12	did	do	AUX
cjal-9251	124	13	not	not	PART
cjal-9251	124	14	emerge	emerge	VERB
cjal-9251	124	15	as	as	ADP
cjal-9251	124	16	a	a	DET
cjal-9251	124	17	result	result	NOUN
cjal-9251	124	18	of	of	ADP
cjal-9251	124	19	market	market	NOUN
cjal-9251	124	20	forces	force	NOUN
cjal-9251	124	21	alone	alone	ADV
cjal-9251	124	22	,	,	PUNCT
cjal-9251	124	23	bu	bu	PROPN
cjal-9251	124	24	t	t	PROPN
cjal-9251	124	25	was	be	AUX
cjal-9251	124	26	instead	instead	ADV
cjal-9251	124	27	consciously	consciously	ADV
cjal-9251	124	28	and	and	CCONJ
cjal-9251	124	29	strategically	strategically	ADV
cjal-9251	124	30	designed	design	VERB
cjal-9251	124	31	by	by	ADP
cjal-9251	124	32	the	the	DET
cjal-9251	124	33	state	state	NOUN
cjal-9251	124	34	from	from	ADP
cjal-9251	124	35	the	the	DET
cjal-9251	124	36	outset	outset	NOUN
cjal-9251	124	37	.	.	PUNCT
cjal-9251	125	1	specifically	specifically	ADV
cjal-9251	125	2	,	,	PUNCT
cjal-9251	125	3	governmental	governmental	ADJ
cjal-9251	125	4	policies	policy	NOUN
cjal-9251	125	5	and	and	CCONJ
cjal-9251	125	6	actions	action	NOUN
cjal-9251	125	7	facilitated	facilitate	VERB
cjal-9251	125	8	the	the	DET
cjal-9251	125	9	development	development	NOUN
cjal-9251	125	10	of	of	ADP
cjal-9251	125	11	the	the	DET
cjal-9251	125	12	vc	vc	PROPN
cjal-9251	125	13	market	market	NOUN
cjal-9251	125	14	in	in	ADP
cjal-9251	125	15	order	order	NOUN
cjal-9251	125	16	to	to	PART
cjal-9251	125	17	encourage	encourage	VERB
cjal-9251	125	18	inno	inno	NOUN
cjal-9251	125	19	vat	vat	NOUN
cjal-9251	125	20	ion	ion	NOUN
cjal-9251	125	21	and	and	CCONJ
cjal-9251	125	22	technological	technological	ADJ
cjal-9251	125	23	development	development	NOUN
cjal-9251	125	24	,	,	PUNCT
cjal-9251	125	25	and	and	CCONJ
cjal-9251	125	26	to	to	PART
cjal-9251	125	27	stimulate	stimulate	VERB
cjal-9251	125	28	structural	structural	ADJ
cjal-9251	125	29	reform	reform	NOUN
cjal-9251	125	30	s	s	PROPN
cjal-9251	125	31	of	of	ADP
cjal-9251	125	32	the	the	DET
cjal-9251	125	33	economy	economy	NOUN
cjal-9251	125	34	.	.	PUNCT
cjal-9251	126	1	china	china	PROPN
cjal-9251	126	2	's	's	PART
cjal-9251	126	3	fascinating	fascinating	ADJ
cjal-9251	126	4	experience	experience	NOUN
cjal-9251	126	5	challenges	challenge	VERB
cjal-9251	126	6	the	the	DET
cjal-9251	126	7	orthodox	orthodox	NOUN
cjal-9251	126	8	view	view	VERB
cjal-9251	126	9	th	th	X
cjal-9251	126	10	at	at	ADP
cjal-9251	126	11	top	top	ADJ
cjal-9251	126	12	-	-	PUNCT
cjal-9251	126	13	down	down	ADP
cjal-9251	126	14	governmental	governmental	ADJ
cjal-9251	126	15	efforts	effort	NOUN
cjal-9251	126	16	to	to	PART
cjal-9251	126	17	promote	promote	VERB
cjal-9251	126	18	vc	vc	PROPN
cjal-9251	126	19	are	be	AUX
cjal-9251	126	20	unlikely	unlikely	ADJ
cjal-9251	126	21	to	to	PART
cjal-9251	126	22	be	be	AUX
cjal-9251	126	23	su	su	PROPN
cjal-9251	126	24	ccessful	ccessful	PROPN
cjal-9251	126	25	.	.	PUNCT
cjal-9251	127	1	moreover	moreover	ADV
cjal-9251	127	2	,	,	PUNCT
cjal-9251	127	3	despite	despite	SCONJ
cjal-9251	127	4	doubt	doubt	NOUN
cjal-9251	127	5	as	as	ADP
cjal-9251	127	6	to	to	ADP
cjal-9251	127	7	the	the	DET
cjal-9251	127	8	effectiveness	effectiveness	NOUN
cjal-9251	127	9	of	of	ADP
cjal-9251	127	10	privat	privat	ADJ
cjal-9251	127	11	e	e	PROPN
cjal-9251	127	12	or	or	CCONJ
cjal-9251	127	13	d	d	X
cjal-9251	127	14	ering	ere	VERB
cjal-9251	127	15	in	in	ADP
cjal-9251	127	16	china32	china32	ADJ
cjal-9251	127	17	due	due	ADP
cjal-9251	127	18	to	to	ADP
cjal-9251	127	19	its	its	PRON
cjal-9251	127	20	weak	weak	ADJ
cjal-9251	127	21	investor	investor	NOUN
cjal-9251	127	22	protection	protection	NOUN
cjal-9251	127	23	33	33	NUM
cjal-9251	127	24	and	and	CCONJ
cjal-9251	127	25	lack	lack	NOUN
cjal-9251	127	26	of	of	ADP
cjal-9251	127	27	judicial	judicial	ADJ
cjal-9251	127	28	independence,3	independence,3	NOUN
cjal-9251	127	29	,	,	PUNCT
cjal-9251	127	30	1	1	NUM
cjal-9251	127	31	china	china	NOUN
cjal-9251	127	32	has	have	AUX
cjal-9251	127	33	succeeded	succeed	VERB
cjal-9251	127	34	in	in	ADP
cjal-9251	127	35	building	build	VERB
cjal-9251	127	36	a	a	DET
cjal-9251	127	37	vc	vc	PROPN
cjal-9251	127	38	mark	mark	PROPN
cjal-9251	127	39	et	et	PROPN
cjal-9251	127	40	.	.	PUNCT
cjal-9251	128	1	the	the	DET
cjal-9251	128	2	pivotal	pivotal	ADJ
cjal-9251	128	3	question	question	NOUN
cjal-9251	128	4	is	be	AUX
cjal-9251	128	5	:	:	PUNCT
cjal-9251	128	6	how	how	SCONJ
cjal-9251	128	7	did	do	AUX
cjal-9251	128	8	china	china	PROPN
cjal-9251	128	9	manage	manage	VERB
cjal-9251	128	10	to	to	PART
cjal-9251	128	11	create	create	VERB
cjal-9251	128	12	the	the	DET
cjal-9251	128	13	second	second	ADJ
cjal-9251	128	14	lar	lar	NOUN
cjal-9251	128	15	gest	gest	NOUN
cjal-9251	128	16	vc	vc	NOUN
cjal-9251	128	17	market	market	NOUN
cjal-9251	128	18	in	in	ADP
cjal-9251	128	19	the	the	DET
cjal-9251	128	20	world	world	NOUN
cjal-9251	128	21	despite	despite	SCONJ
cjal-9251	128	22	its	its	PRON
cjal-9251	128	23	immature	immature	ADJ
cjal-9251	128	24	legal	legal	ADJ
cjal-9251	128	25	infrastru	infrastru	NOUN
cjal-9251	128	26	ct	ct	X
cjal-9251	128	27	ur	ur	INTJ
cjal-9251	128	28	e	e	PROPN
cjal-9251	128	29	?	?	PROPN
cjal-9251	128	30	based	base	VERB
cjal-9251	128	31	on	on	ADP
cjal-9251	128	32	quantitative	quantitative	ADJ
cjal-9251	128	33	and	and	CCONJ
cjal-9251	128	34	qualit	qualit	VERB
cjal-9251	128	35	ative	ative	PROPN
cjal-9251	128	36	d	d	X
cjal-9251	128	37	ata	ata	PROPN
cjal-9251	128	38	,	,	PUNCT
cjal-9251	128	39	35	35	NUM
cjal-9251	128	40	this	this	DET
cjal-9251	128	41	article	article	NOUN
cjal-9251	128	42	analyzes	analyze	VERB
cjal-9251	128	43	28	28	NUM
cjal-9251	128	44	annual	annual	ADJ
cjal-9251	128	45	value	value	NOUN
cjal-9251	128	46	of	of	ADP
cjal-9251	128	47	venture	venture	NOUN
cjal-9251	128	48	capital	capital	NOUN
cjal-9251	128	49	in	in	ADP
cjal-9251	128	50	vestments	vestment	NOUN
cjal-9251	128	51	on	on	ADP
cjal-9251	128	52	the	the	DET
cjal-9251	128	53	uk	uk	PROPN
cjal-9251	128	54	market	market	NOUN
cjal-9251	128	55	from	from	ADP
cjal-9251	128	56	2007	2007	NUM
cjal-9251	128	57	to	to	ADP
cjal-9251	128	58	2015	2015	NUM
cjal-9251	128	59	,	,	PUNCT
cjal-9251	128	60	statista	statista	NOUN
cjal-9251	128	61	,	,	PUNCT
cjal-9251	128	62	http	http	NOUN
cjal-9251	128	63	:	:	PUNCT
cjal-9251	128	64	//bit.l	//bit.l	PRON
cjal-9251	129	1	y/2s349	y/2s349	PROPN
cjal-9251	129	2	9	9	NUM
cjal-9251	129	3	m	m	VERB
cjal-9251	129	4	(	(	PUNCT
cjal-9251	129	5	last	last	ADJ
cjal-9251	129	6	visited	visit	VERB
cjal-9251	129	7	may	may	AUX
cjal-9251	129	8	24	24	NUM
cjal-9251	129	9	,	,	PUNCT
cjal-9251	129	10	2017	2017	NUM
cjal-9251	129	11	)	)	PUNCT
cjal-9251	129	12	.	.	PUNCT
cjal-9251	130	1	29	29	NUM
cjal-9251	130	2	back	back	ADV
cjal-9251	130	3	to	to	ADP
cjal-9251	130	4	reality	reality	NOUN
cjal-9251	130	5	,	,	PUNCT
cjal-9251	130	6	supra	supra	PROPN
cjal-9251	130	7	note	note	NOUN
cjal-9251	130	8	10	10	NUM
cjal-9251	130	9	,	,	PUNCT
cjal-9251	130	10	at	at	ADP
cjal-9251	130	11	3	3	NUM
cjal-9251	130	12	,	,	PUNCT
cjal-9251	130	13	10	10	NUM
cjal-9251	130	14	-	-	SYM
cjal-9251	130	15	12	12	NUM
cjal-9251	130	16	.	.	PUNCT
cjal-9251	131	1	so	so	ADV
cjal-9251	131	2	i	i	PRON
cjal-9251	131	3	d.	d.	PROPN
cjal-9251	131	4	at	at	ADP
cjal-9251	131	5	9	9	NUM
cjal-9251	131	6	.	.	SYM
cjal-9251	131	7	31	31	NUM
cjal-9251	131	8	zero2ipo	zero2ipo	PROPN
cjal-9251	131	9	research	research	NOUN
cjal-9251	131	10	center	center	NOUN
cjal-9251	131	11	,	,	PUNCT
cjal-9251	131	12	supra	supra	PROPN
cjal-9251	131	13	note	note	NOUN
cjal-9251	131	14	20	20	NUM
cjal-9251	131	15	.	.	PUNCT
cjal-9251	131	16	32	32	NUM
cjal-9251	131	17	see	see	VERB
cjal-9251	131	18	generally	generally	ADV
cjal-9251	131	19	jiangyu	jiangyu	PROPN
cjal-9251	131	20	wang	wang	PROPN
cjal-9251	131	21	,	,	PUNCT
cjal-9251	131	22	china	china	PROPN
cjal-9251	131	23	:	:	PUNCT
cjal-9251	131	24	legal	legal	ADJ
cjal-9251	131	25	reform	reform	NOUN
cjal-9251	131	26	in	in	ADP
cjal-9251	131	27	an	an	DET
cjal-9251	131	28	emerging	emerge	VERB
cjal-9251	131	29	socialist	socialist	ADJ
cjal-9251	131	30	mark	mark	NOUN
cjal-9251	131	31	et	et	NOUN
cjal-9251	131	32	economy	economy	NOUN
cjal-9251	131	33	,	,	PUNCT
cjal-9251	131	34	in	in	ADP
cjal-9251	131	35	law	law	NOUN
cjal-9251	131	36	and	and	CCONJ
cjal-9251	131	37	legal	legal	ADJ
cjal-9251	131	38	institutions	institution	NOUN
cjal-9251	131	39	of	of	ADP
cjal-9251	131	40	asla	asla	PROPN
cjal-9251	131	41	:	:	PUNCT
cjal-9251	131	42	traditions	tradition	NOUN
cjal-9251	131	43	,	,	PUNCT
cjal-9251	131	44	adaptatio:-s	adaptatio:-s	NOUN
cjal-9251	131	45	a.	a.	PROPN
cjal-9251	131	46	'\"d	'\"d	PROPN
cjal-9251	131	47	innovations	innovation	NOUN
cjal-9251	131	48	(	(	PUNCT
cjal-9251	131	49	e.	e.	PROPN
cjal-9251	131	50	ann	ann	PROPN
cjal-9251	131	51	black	black	PROPN
cjal-9251	131	52	&	&	CCONJ
cjal-9251	131	53	gary	gary	PROPN
cjal-9251	131	54	f.	f.	PROPN
cjal-9251	131	55	bell	bell	PROPN
cjal-9251	131	56	eds	eds	PROPN
cjal-9251	131	57	.	.	PROPN
cjal-9251	131	58	2011	2011	NUM
cjal-9251	131	59	)	)	PUNCT
cjal-9251	131	60	;	;	PUNCT
cjal-9251	131	61	donald	donald	PROPN
cjal-9251	131	62	clarke	clarke	PROPN
cjal-9251	131	63	peter	peter	PROPN
cjal-9251	131	64	murrell	murrell	PROPN
cjal-9251	131	65	&	&	CCONJ
cjal-9251	131	66	susan	susan	PROPN
cjal-9251	131	67	whiting	whiting	PROPN
cjal-9251	131	68	,	,	PUNCT
cjal-9251	131	69	the	the	DET
cjal-9251	131	70	role	role	NOUN
cjal-9251	131	71	of	of	ADP
cjal-9251	131	72	law	law	NOUN
cjal-9251	131	73	in	in	ADP
cjal-9251	131	74	china	china	PROPN
cjal-9251	131	75	's	's	PART
cjal-9251	131	76	economic	economic	ADJ
cjal-9251	131	77	development	development	NOUN
cjal-9251	131	78	,	,	PUNCT
cjal-9251	131	79	in	in	ADP
cjal-9251	131	80	chj:-;a	chj:-;a	PROPN
cjal-9251	131	81	's	's	PART
cjal-9251	131	82	gr	gr	PRON
cjal-9251	131	83	~	~	PROPN
cjal-9251	131	84	at	at	ADP
cjal-9251	131	85	economic	economic	ADJ
cjal-9251	131	86	transformation	transformation	NOUN
cjal-9251	131	87	(	(	PUNCT
cjal-9251	131	88	loren	loren	PROPN
cjal-9251	131	89	brandt	brandt	PROPN
cjal-9251	131	90	&	&	CCONJ
cjal-9251	131	91	thomas	thomas	PROPN
cjal-9251	131	92	g.	g.	PROPN
cjal-9251	131	93	rawski	rawski	PROPN
cjal-9251	131	94	eds	ed	NOUN
cjal-9251	131	95	.	.	PROPN
cjal-9251	131	96	2008	2008	NUM
cjal-9251	131	97	)	)	PUNCT
cjal-9251	131	98	.	.	PUNCT
cjal-9251	132	1	33	33	NUM
cjal-9251	132	2	see	see	VERB
cjal-9251	132	3	generally	generally	ADV
cjal-9251	132	4	nicholas	nicholas	PROPN
cjal-9251	132	5	c.	c.	PROPN
cjal-9251	132	6	h	h	PROPN
cjal-9251	133	1	~	~	PROPN
cjal-9251	133	2	wson	wson	PROPN
cjal-9251	133	3	&	&	CCONJ
cjal-9251	133	4	vikramaditya	vikramaditya	PROPN
cjal-9251	133	5	s.	s.	PROPN
cjal-9251	133	6	khanna	khanna	PROPN
cjal-9251	133	7	,	,	PUNCT
cjal-9251	133	8	the	the	DET
cjal-9251	133	9	deuelopment	deuelopment	NOUN
cjal-9251	133	10	of	of	ADP
cjal-9251	133	11	modern	modern	ADJ
cjal-9251	133	12	corporate	corporate	ADJ
cjal-9251	133	13	governance	governance	NOUN
cjal-9251	133	14	m	m	NOUN
cjal-9251	133	15	chma	chma	NOUN
cjal-9251	133	16	and	and	CCONJ
cjal-9251	133	17	india	india	PROPN
cjal-9251	133	18	,	,	PUNCT
cjal-9251	133	19	in	in	ADP
cjal-9251	133	20	china	china	PROPN
cjal-9251	133	21	,	,	PUNCT
cjal-9251	133	22	india	india	PROPN
cjal-9251	133	23	a.	a.	PROPN
cjal-9251	133	24	'-"d	'-"d	NOUN
cjal-9251	133	25	the	the	DET
cjal-9251	133	26	b'ter	b'ter	PROPN
cjal-9251	133	27	.	.	PUNCT
cjal-9251	134	1	'iational	'iational	PROPN
cjal-9251	134	2	economic	economic	ADJ
cjal-9251	134	3	order	order	NOUN
cjal-9251	134	4	(	(	PUNCT
cjal-9251	134	5	muthucumarasawamy	muthucumarasawamy	ADJ
cjal-9251	134	6	sornarajah	sornarajah	PROPN
cjal-9251	134	7	&	&	CCONJ
cjal-9251	134	8	j	j	PROPN
cjal-9251	134	9	w	w	PROPN
cjal-9251	134	10	eds	eds	PROPN
cjal-9251	134	11	.	.	PROPN
cjal-9251	134	12	,	,	PUNCT
cjal-9251	134	13	2010	2010	NUM
cjal-9251	134	14	)	)	PUNCT
cjal-9251	134	15	(	(	PUNCT
cjal-9251	134	16	on	on	ADP
cjal-9251	134	17	investor	investor	NOUN
cjal-9251	134	18	protection	protection	NOUN
cjal-9251	134	19	)	)	PUNCT
cjal-9251	134	20	.	.	PUNCT
cjal-9251	135	1	iangyu	iangyu	PROPN
cjal-9251	135	2	ang	ang	INTJ
cjal-9251	135	3	~•	~•	PUNCT
cjal-9251	135	4	see	see	VERB
cjal-9251	135	5	generally	generally	ADV
cjal-9251	135	6	chapter	chapter	NOUN
cjal-9251	135	7	4	4	NUM
cjal-9251	135	8	of	of	ADP
cjal-9251	135	9	ji	ji	PROPN
cjal-9251	135	10	anfu	anfu	PROPN
cjal-9251	135	11	chen	chen	PROPN
cjal-9251	135	12	,	,	PUNCT
cjal-9251	135	13	legal	legal	ADJ
cjal-9251	135	14	institutions	institution	NOUN
cjal-9251	135	15	l"1	l"1	PROPN
cjal-9251	135	16	chinese	chinese	ADJ
cjal-9251	135	17	law	law	NOUN
cjal-9251	135	18	:	:	PUNCT
cjal-9251	135	19	context	context	NOUN
cjal-9251	135	20	and	and	CCONJ
cjal-9251	135	21	transformation	transformation	NOUN
cjal-9251	135	22	147	147	NUM
cjal-9251	135	23	-	-	SYM
cjal-9251	135	24	70	70	NUM
cjal-9251	135	25	(	(	PUNCT
cjal-9251	135	26	2008	2008	NUM
cjal-9251	135	27	)	)	PUNCT
cjal-9251	135	28	.	.	PUNCT
cjal-9251	136	1	:	:	PUNCT
cjal-9251	136	2	.s	.s	VERB
cjal-9251	136	3	the	the	DET
cjal-9251	136	4	e	e	PROPN
cjal-9251	136	5	mpirical	mpirical	ADJ
cjal-9251	136	6	study	study	NOUN
cjal-9251	136	7	consi	consi	PROPN
cjal-9251	136	8	sts	st	VERB
cjal-9251	136	9	of	of	ADP
cjal-9251	136	10	:	:	PUNCT
cjal-9251	136	11	(	(	PUNCT
cjal-9251	136	12	i	i	NOUN
cjal-9251	136	13	)	)	PUNCT
cjal-9251	136	14	a	a	DET
cjal-9251	136	15	st	st	PROPN
cjal-9251	136	16	udy	udy	NOUN
cjal-9251	136	17	on	on	ADP
cjal-9251	136	18	a	a	DET
cjal-9251	136	19	samp	samp	NOUN
cjal-9251	136	20	le	le	X
cjal-9251	136	21	of	of	ADP
cjal-9251	136	22	fift	fift	NOUN
cjal-9251	136	23	vc	vc	PROPN
cjal-9251	136	24	.	.	PUNCT
cjal-9251	137	1	y	y	PROPN
cjal-9251	137	2	agreements	agreement	NOUN
cjal-9251	137	3	.	.	PUNCT
cjal-9251	138	1	these	these	DET
cjal-9251	138	2	agreements	agreement	NOUN
cjal-9251	138	3	are	be	AUX
cjal-9251	138	4	obtamed	obtame	VERB
cjal-9251	138	5	from	from	ADP
cjal-9251	138	6	leadi	leadi	PROPN
cjal-9251	138	7	ng	ng	PROPN
cjal-9251	138	8	law	law	NOUN
cjal-9251	138	9	firms	firm	NOUN
cjal-9251	138	10	and	and	CCONJ
cjal-9251	138	11	vc	vc	NOUN
cjal-9251	138	12	firms	firm	NOUN
cjal-9251	138	13	·	·	PUNCT
cjal-9251	139	1	b	b	X
cjal-9251	139	2	.	.	PUNCT
cjal-9251	140	1	c	c	NOUN
cjal-9251	140	2	·	·	PUNCT
cjal-9251	140	3	1	1	X
cjal-9251	140	4	·	·	PUNCT
cjal-9251	140	5	c	c	X
cjal-9251	140	6	·	·	PUNCT
cjal-9251	140	7	1	1	NUM
cjal-9251	140	8	sh	sh	NOUN
cjal-9251	140	9	c	c	PROPN
cjal-9251	140	10	,	,	PUNCT
cjal-9251	140	11	1.e	1.e	NUM
cjal-9251	140	12	.	.	PUNCT
cjal-9251	141	1	an:,:an	an:,:an	PROPN
cjal-9251	141	2	ap1ta	ap1ta	PROPN
cjal-9251	141	3	,	,	PUNCT
cjal-9251	141	4	jubilee	jubilee	NOUN
cjal-9251	141	5	ap1ta	ap1ta	PROPN
cjal-9251	141	6	,	,	PUNCT
cjal-9251	141	7	enzhen	enzhen	PROPN
cjal-9251	141	8	edar	edar	PROPN
cjal-9251	141	9	capital	capital	PROPN
cjal-9251	141	10	,	,	PUNCT
cjal-9251	141	11	shiyue	shiyue	PROPN
cjal-9251	141	12	hualong	hualong	NOUN
cjal-9251	141	13	capital	capital	NOUN
cjal-9251	141	14	,	,	PUNCT
cjal-9251	141	15	so	so	SCONJ
cjal-9251	141	16	h	h	VERB
cjal-9251	142	1	y	y	PROPN
cjal-9251	142	2	.	.	PUNCT
cjal-9251	143	1	capita	capita	X
cjal-9251	143	2	l	l	NOUN
cjal-9251	143	3	,	,	PUNCT
cjal-9251	143	4	chengwei	chengwei	PROPN
cjal-9251	143	5	capital	capital	NOUN
cjal-9251	143	6	,	,	PUNCT
cjal-9251	143	7	i	i	PRON
cjal-9251	143	8	s	s	VERB
cjal-9251	143	9	land	land	NOUN
cjal-9251	143	10	peak	peak	NOUN
cjal-9251	143	11	innov	innov	PROPN
cjal-9251	143	12	ation	ation	PROPN
cjal-9251	143	13	king	king	PROPN
cjal-9251	143	14	&	&	CCONJ
cjal-9251	143	15	\\'ood	\\'ood	PROPN
cjal-9251	143	16	,	,	PUNCT
cjal-9251	143	17	.1	.1	NUM
cjal-9251	143	18	nllg	nllg	NOUN
cjal-9251	143	19	e	e	X
cjal-9251	143	20	u(bean~~g	u(bean~~g	PROPN
cjal-9251	143	21	s	s	PART
cjal-9251	143	22	h	h	NOUN
cjal-9251	143	23	·	·	PUNCT
cjal-9251	144	1	d	d	NOUN
cjal-9251	144	2	sh	sh	PROPN
cjal-9251	144	3	h	h	PROPN
cjal-9251	144	4	ffi	ffi	PROPN
cjal-9251	144	5	'	'	PUNCT
cjal-9251	144	6	"	"	PUNCT
cjal-9251	144	7	a	a	DET
cjal-9251	144	8	esons	eson	NOUN
cjal-9251	144	9	tjmg	tjmg	NOUN
cjal-9251	144	10	,	,	PUNCT
cjal-9251	144	11	l	l	PROPN
cjal-9251	144	12	hanlg	hanlg	PROPN
cjal-9251	144	13	rufa~	rufa~	PROPN
cjal-9251	144	14	(	(	PUNCT
cjal-9251	144	15	ben~	ben~	VERB
cjal-9251	144	16	en	en	X
cjal-9251	144	17	od	od	PROPN
cjal-9251	144	18	csehs	csehs	PROPN
cjal-9251	144	19	)	)	PUNCT
cjal-9251	144	20	,	,	PUNCT
cjal-9251	144	21	fangda	fangda	ADJ
cjal-9251	144	22	law	law	NOUN
cjal-9251	144	23	firm	firm	NOUN
cjal-9251	144	24	(	(	PUNCT
cjal-9251	144	25	bei	bei	NOUN
cjal-9251	144	26	jin	jin	NOUN
cjal-9251	144	27	g	g	PROPN
cjal-9251	144	28	and	and	CCONJ
cjal-9251	144	29	shanghai	shanghai	PROPN
cjal-9251	144	30	offices	office	NOUN
cjal-9251	144	31	)	)	PUNCT
cjal-9251	144	32	,	,	PUNCT
cjal-9251	144	33	zhong	zhong	PROPN
cjal-9251	144	34	un	un	PROPN
cjal-9251	144	35	aw	aw	INTJ
cjal-9251	144	36	rrm	rrm	PROPN
cjal-9251	144	37	e1jmg	e1jmg	PROPN
cjal-9251	144	38	a	a	DET
cjal-9251	144	39	n	n	NOUN
cjal-9251	144	40	enzhen	enzhen	NOUN
cjal-9251	144	41	offices	office	NOUN
cjal-9251	144	42	)	)	PUNCT
cjal-9251	144	43	global	global	ADJ
cjal-9251	144	44	law	law	NOUN
cjal-9251	144	45	firm	firm	NOUN
cjal-9251	144	46	(	(	PUNCT
cjal-9251	144	47	b	b	PROPN
cjal-9251	144	48	·	·	PUNCT
cjal-9251	144	49	·	·	PUNCT
cjal-9251	144	50	·	·	SYM
cjal-9251	144	51	ffi	ffi	PROPN
cjal-9251	144	52	)	)	PUNCT
cjal-9251	144	53	j	j	PROPN
cjal-9251	144	54	"	"	PUNCT
cjal-9251	144	55	h	h	PROPN
cjal-9251	144	56	tongda	tongda	PROPN
cjal-9251	144	57	&	&	CCONJ
cjal-9251	144	58	neal	neal	PROPN
cjal-9251	144	59	law	law	PROPN
cjal-9251	144	60	firm	firm	NOUN
cjal-9251	144	61	(	(	PUNCT
cjal-9251	144	62	beijing	beijing	PROPN
cjal-9251	144	63	office	office	PROPN
cjal-9251	144	64	)	)	PUNCT
cjal-9251	144	65	ch	ch	X
cjal-9251	145	1	~	~	PUNCT
cjal-9251	145	2	ngqing	ngqe	VERB
cjal-9251	145	3	zhonghao	zhonghao	PROPN
cjal-9251	145	4	l	l	NOUN
cjal-9251	145	5	etjft	etjft	VERB
cjal-9251	145	6	~	~	X
cjal-9251	145	7	g	g	NOUN
cjal-9251	145	8	o	o	PROPN
cjal-9251	145	9	yee	yee	PROPN
cjal-9251	145	10	'	'	PART
cjal-9251	145	11	tmc	tmc	PROPN
cjal-9251	145	12	laeng	laeng	PROPN
cjal-9251	145	13	.	.	PUNCT
cjal-9251	146	1	,	,	PUNCT
cjal-9251	146	2	aw	aw	INTJ
cjal-9251	146	3	irm	irm	PROPN
cjal-9251	146	4	,	,	PUNCT
cjal-9251	146	5	uan	uan	PROPN
cjal-9251	146	6	a1	a1	PROPN
cjal-9251	146	7	,	,	PUNCT
cjal-9251	146	8	v	v	NOUN
cjal-9251	146	9	offices	office	NOUN
cjal-9251	146	10	,	,	PUNCT
cjal-9251	146	11	deheng	deheng	PROPN
cjal-9251	146	12	law	law	PROPN
cjal-9251	146	13	ft.rm	ft.rm	PROPN
cjal-9251	146	14	(	(	PUNCT
cjal-9251	146	15	shenzhen	shenzhen	PROPN
cjal-9251	146	16	office	office	PROPN
cjal-9251	146	17	)	)	PUNCT
cjal-9251	146	18	,	,	PUNCT
cjal-9251	146	19	and	and	CCONJ
cjal-9251	146	20	shenzhen	shenzhen	PROPN
cjal-9251	146	21	h	h	PROPN
cjal-9251	146	22	h	h	PROPN
cjal-9251	147	1	l	l	PROPN
cjal-9251	147	2	f	f	X
cjal-9251	147	3	"	"	PUNCT
cjal-9251	147	4	.	.	PUNCT
cjal-9251	147	5	·	·	PUNCT
cjal-9251	147	6	·	·	PUNCT
cjal-9251	147	7	·	·	PUNCT
cjal-9251	147	8	th	th	X
cjal-9251	147	9	·	·	PUNCT
cjal-9251	147	10	.	.	PUNCT
cjal-9251	147	11	.	.	PUNCT
cjal-9251	148	1	uas	uas	PROPN
cjal-9251	148	2	ang	ang	INTJ
cjal-9251	149	1	aw	aw	INTJ
cjal-9251	149	2	t.rm	t.rm	PROPN
cjal-9251	149	3	,	,	PUNCT
cjal-9251	149	4	(	(	PUNCT
cjal-9251	149	5	ii	ii	NOUN
cjal-9251	149	6	)	)	PUNCT
cjal-9251	149	7	mterv1ews	mterv1ew	NOUN
cjal-9251	149	8	w1	w1	NOUN
cjal-9251	149	9	s1jcty	s1jcty	NOUN
cjal-9251	149	10	ve	ve	AUX
cjal-9251	149	11	ntur	ntur	VERB
cjal-9251	149	12	e	e	NOUN
cjal-9251	149	13	cap1tabsts	cap1tabsts	PROPN
cjal-9251	149	14	legal	legal	ADJ
cjal-9251	149	15	counsels	counsel	NOUN
cjal-9251	149	16	repre	repre	VERB
cjal-9251	149	17	tati	tati	PROPN
cjal-9251	149	18	f	f	PROPN
cjal-9251	149	19	•	•	NUM
cjal-9251	149	20	•	•	NUM
cjal-9251	149	21	•	•	NUM
cjal-9251	149	22	•	•	NOUN
cjal-9251	149	23	,	,	PUNCT
cjal-9251	149	24	sen	sen	PROPN
cjal-9251	149	25	ves	ves	PROPN
cjal-9251	149	26	o	o	PROPN
cjal-9251	149	27	mstttut1onal	mstttut1onal	ADJ
cjal-9251	149	28	2017	2017	NUM
cjal-9251	149	29	]	]	PUNCT
cjal-9251	149	30	engineering	engineer	VERB
cjal-9251	149	31	a	a	DET
cjal-9251	149	32	venture	venture	NOUN
cjal-9251	149	33	capital	capital	NOUN
cjal-9251	149	34	market	market	NOUN
cjal-9251	149	35	165	165	NUM
cjal-9251	149	36	how	how	SCONJ
cjal-9251	149	37	china	china	PROPN
cjal-9251	149	38	has	have	AUX
cjal-9251	149	39	addressed	address	VERB
cjal-9251	149	40	the	the	DET
cjal-9251	149	41	simultaneity	simultaneity	NOUN
cjal-9251	149	42	problem	problem	NOUN
cjal-9251	149	43	.	.	PUNCT
cjal-9251	150	1	the	the	DET
cjal-9251	150	2	chinese	chinese	ADJ
cjal-9251	150	3	government	government	NOUN
cjal-9251	150	4	has	have	AUX
cjal-9251	150	5	helped	help	VERB
cjal-9251	150	6	solve	solve	VERB
cjal-9251	150	7	the	the	DET
cjal-9251	150	8	problem	problem	NOUN
cjal-9251	150	9	by	by	ADP
cjal-9251	150	10	laying	lay	VERB
cjal-9251	150	11	down	down	ADP
cjal-9251	150	12	the	the	DET
cjal-9251	150	13	necessary	necessary	ADJ
cjal-9251	150	14	legal	legal	ADJ
cjal-9251	150	15	and	and	CCONJ
cjal-9251	150	16	institutional	institutional	ADJ
cjal-9251	150	17	infrastructure	infrastructure	NOUN
cjal-9251	150	18	for	for	ADP
cjal-9251	150	19	a	a	DET
cjal-9251	150	20	vc	vc	NOUN
cjal-9251	150	21	market	market	NOUN
cjal-9251	150	22	,	,	PUNCT
cjal-9251	150	23	including	include	VERB
cjal-9251	150	24	:	:	PUNCT
cjal-9251	150	25	(	(	PUNCT
cjal-9251	150	26	1	1	X
cjal-9251	150	27	)	)	PUNCT
cjal-9251	150	28	providing	provide	VERB
cjal-9251	150	29	public	public	ADJ
cjal-9251	150	30	capital	capital	NOUN
cjal-9251	150	31	through	through	ADP
cjal-9251	150	32	various	various	ADJ
cjal-9251	150	33	government	government	NOUN
cjal-9251	150	34	programs	program	NOUN
cjal-9251	150	35	and	and	CCONJ
cjal-9251	150	36	increasing	increase	VERB
cjal-9251	150	37	private	private	ADJ
cjal-9251	150	38	capital	capital	NOUN
cjal-9251	150	39	by	by	ADP
cjal-9251	150	40	easing	ease	VERB
cjal-9251	150	41	regulatory	regulatory	ADJ
cjal-9251	150	42	barriers	barrier	NOUN
cjal-9251	150	43	towards	towards	ADP
cjal-9251	150	44	institutional	institutional	ADJ
cjal-9251	150	45	investors	investor	NOUN
cjal-9251	150	46	,	,	PUNCT
cjal-9251	150	47	providing	provide	VERB
cjal-9251	150	48	tax	tax	NOUN
cjal-9251	150	49	incentives	incentive	NOUN
cjal-9251	150	50	,	,	PUNCT
cjal-9251	150	51	and	and	CCONJ
cjal-9251	150	52	improving	improve	VERB
cjal-9251	150	53	the	the	DET
cjal-9251	150	54	exit	exit	NOUN
cjal-9251	150	55	environment	environment	NOUN
cjal-9251	150	56	;	;	PUNCT
cjal-9251	150	57	(	(	PUNCT
cjal-9251	150	58	2	2	X
cjal-9251	150	59	)	)	PUNCT
cjal-9251	150	60	enhancing	enhance	VERB
cjal-9251	150	61	the	the	DET
cjal-9251	150	62	availability	availability	NOUN
cjal-9251	150	63	of	of	ADP
cjal-9251	150	64	financial	financial	ADJ
cjal-9251	150	65	intermediaries	intermediary	NOUN
cjal-9251	150	66	and	and	CCONJ
cjal-9251	150	67	fund	fund	NOUN
cjal-9251	150	68	raising	raising	NOUN
cjal-9251	150	69	by	by	ADP
cjal-9251	150	70	introducing	introduce	VERB
cjal-9251	150	71	the	the	DET
cjal-9251	150	72	limited	limited	ADJ
cjal-9251	150	73	partnership	partnership	NOUN
cjal-9251	150	74	,	,	PUNCT
cjal-9251	150	75	a	a	DET
cjal-9251	150	76	new	new	ADJ
cjal-9251	150	77	and	and	CCONJ
cjal-9251	150	78	popular	popular	ADJ
cjal-9251	150	79	business	business	NOUN
cjal-9251	150	80	vehicle	vehicle	NOUN
cjal-9251	150	81	that	that	PRON
cjal-9251	150	82	creates	create	VERB
cjal-9251	150	83	an	an	DET
cjal-9251	150	84	efficient	efficient	ADJ
cjal-9251	150	85	relationship	relationship	NOUN
cjal-9251	150	86	between	between	ADP
cjal-9251	150	87	venture	venture	NOUN
cjal-9251	150	88	capitalists	capitalist	NOUN
cjal-9251	150	89	and	and	CCONJ
cjal-9251	150	90	investors	investor	NOUN
cjal-9251	150	91	;	;	PUNCT
cjal-9251	150	92	and	and	CCONJ
cjal-9251	150	93	(	(	PUNCT
cjal-9251	150	94	3	3	X
cjal-9251	150	95	)	)	PUNCT
cjal-9251	150	96	encouraging	encourage	VERB
cjal-9251	150	97	entrepreneurship	entrepreneurship	NOUN
cjal-9251	150	98	by	by	ADP
cjal-9251	150	99	revising	revise	VERB
cjal-9251	150	100	the	the	DET
cjal-9251	150	101	country	country	NOUN
cjal-9251	150	102	's	's	PART
cjal-9251	150	103	corporate	corporate	ADJ
cjal-9251	150	104	and	and	CCONJ
cjal-9251	150	105	securities	security	NOUN
cjal-9251	150	106	laws	law	NOUN
cjal-9251	150	107	and	and	CCONJ
cjal-9251	150	108	streamlining	streamline	VERB
cjal-9251	150	109	the	the	DET
cjal-9251	150	110	process	process	NOUN
cjal-9251	150	111	of	of	ADP
cjal-9251	150	112	establishing	establish	VERB
cjal-9251	150	113	businesses	business	NOUN
cjal-9251	150	114	and	and	CCONJ
cjal-9251	150	115	doing	do	VERB
cjal-9251	150	116	business	business	NOUN
cjal-9251	150	117	.	.	PUNCT
cjal-9251	151	1	the	the	DET
cjal-9251	151	2	chinese	chinese	ADJ
cjal-9251	151	3	government	government	NOUN
cjal-9251	151	4	's	's	PART
cjal-9251	151	5	role	role	NOUN
cjal-9251	151	6	in	in	ADP
cjal-9251	151	7	allocating	allocate	VERB
cjal-9251	151	8	capital	capital	NOUN
cjal-9251	151	9	,	,	PUNCT
cjal-9251	151	10	however	however	ADV
cjal-9251	151	11	,	,	PUNCT
cjal-9251	151	12	is	be	AUX
cjal-9251	151	13	not	not	PART
cjal-9251	151	14	without	without	ADP
cjal-9251	151	15	flaws	flaw	NOUN
cjal-9251	151	16	.	.	PUNCT
cjal-9251	152	1	the	the	DET
cjal-9251	152	2	vc	vc	PROPN
cjal-9251	152	3	market	market	NOUN
cjal-9251	152	4	's	's	PART
cjal-9251	152	5	rapid	rapid	ADJ
cjal-9251	152	6	growth	growth	NOUN
cjal-9251	152	7	stemmed	stem	VERB
cjal-9251	152	8	largely	largely	ADV
cjal-9251	152	9	from	from	ADP
cjal-9251	152	10	the	the	DET
cjal-9251	152	11	fact	fact	NOUN
cjal-9251	152	12	that	that	SCONJ
cjal-9251	152	13	the	the	DET
cjal-9251	152	14	central	central	ADJ
cjal-9251	152	15	government	government	NOUN
cjal-9251	152	16	has	have	AUX
cjal-9251	152	17	laid	lay	VERB
cjal-9251	152	18	down	down	ADP
cjal-9251	152	19	the	the	DET
cjal-9251	152	20	institutional	institutional	ADJ
cjal-9251	152	21	and	and	CCONJ
cjal-9251	152	22	legislative	legislative	ADJ
cjal-9251	152	23	infrastructure	infrastructure	NOUN
cjal-9251	152	24	to	to	PART
cjal-9251	152	25	increase	increase	VERB
cjal-9251	152	26	the	the	DET
cjal-9251	152	27	role	role	NOUN
cjal-9251	152	28	of	of	ADP
cjal-9251	152	29	market	market	NOUN
cjal-9251	152	30	forces	force	NOUN
cjal-9251	152	31	in	in	ADP
cjal-9251	152	32	the	the	DET
cjal-9251	152	33	capital	capital	NOUN
cjal-9251	152	34	allocation	allocation	NOUN
cjal-9251	152	35	process	process	NOUN
cjal-9251	152	36	.	.	PUNCT
cjal-9251	153	1	but	but	CCONJ
cjal-9251	153	2	there	there	PRON
cjal-9251	153	3	are	be	VERB
cjal-9251	153	4	institutional	institutional	ADJ
cjal-9251	153	5	obstacles	obstacle	NOUN
cjal-9251	153	6	,	,	PUNCT
cjal-9251	153	7	including	include	VERB
cjal-9251	153	8	the	the	DET
cjal-9251	153	9	flawed	flaw	VERB
cjal-9251	153	10	cadre	cadre	NOUN
cjal-9251	153	11	appointment	appointment	NOUN
cjal-9251	153	12	system	system	NOUN
cjal-9251	153	13	and	and	CCONJ
cjal-9251	153	14	flawed	flawed	ADJ
cjal-9251	153	15	incentives	incentive	NOUN
cjal-9251	153	16	for	for	ADP
cjal-9251	153	17	government	government	NOUN
cjal-9251	153	18	officials	official	NOUN
cjal-9251	153	19	,	,	PUNCT
cjal-9251	153	20	that	that	PRON
cjal-9251	153	21	prevent	prevent	VERB
cjal-9251	153	22	local	local	ADJ
cjal-9251	153	23	governments	government	NOUN
cjal-9251	153	24	from	from	ADP
cjal-9251	153	25	achieving	achieve	VERB
cjal-9251	153	26	the	the	DET
cjal-9251	153	27	delicate	delicate	ADJ
cjal-9251	153	28	balance	balance	NOUN
cjal-9251	153	29	of	of	ADP
cjal-9251	153	30	allowing	allow	VERB
cjal-9251	153	31	local	local	ADJ
cjal-9251	153	32	government	government	NOUN
cjal-9251	153	33	funding	funding	NOUN
cjal-9251	153	34	to	to	PART
cjal-9251	153	35	operate	operate	VERB
cjal-9251	153	36	based	base	VERB
cjal-9251	153	37	on	on	ADP
cjal-9251	153	38	market	market	NOUN
cjal-9251	153	39	forces	force	NOUN
cjal-9251	153	40	while	while	SCONJ
cjal-9251	153	41	concurrently	concurrently	ADV
cjal-9251	153	42	pursuing	pursue	VERB
cjal-9251	153	43	the	the	DET
cjal-9251	153	44	governments	government	NOUN
cjal-9251	153	45	'	'	PART
cjal-9251	153	46	policy	policy	NOUN
cjal-9251	153	47	goals	goal	NOUN
cjal-9251	153	48	.	.	PUNCT
cjal-9251	154	1	the	the	DET
cjal-9251	154	2	lesson	lesson	NOUN
cjal-9251	154	3	to	to	PART
cjal-9251	154	4	be	be	AUX
cjal-9251	154	5	learned	learn	VERB
cjal-9251	154	6	from	from	ADP
cjal-9251	154	7	the	the	DET
cjal-9251	154	8	chinese	chinese	ADJ
cjal-9251	154	9	experience	experience	NOUN
cjal-9251	154	10	is	be	AUX
cjal-9251	154	11	that	that	SCONJ
cjal-9251	154	12	the	the	DET
cjal-9251	154	13	optimal	optimal	ADJ
cjal-9251	154	14	role	role	NOUN
cjal-9251	154	15	of	of	ADP
cjal-9251	154	16	a	a	DET
cjal-9251	154	17	government	government	NOUN
cjal-9251	154	18	in	in	ADP
cjal-9251	154	19	engineering	engineer	VERB
cjal-9251	154	20	a	a	DET
cjal-9251	154	21	vc	vc	NOUN
cjal-9251	154	22	market	market	NOUN
cjal-9251	154	23	should	should	AUX
cjal-9251	154	24	be	be	AUX
cjal-9251	154	25	to	to	PART
cjal-9251	154	26	provide	provide	VERB
cjal-9251	154	27	the	the	DET
cjal-9251	154	28	necessary	necessary	ADJ
cjal-9251	154	29	enablers	enabler	NOUN
cjal-9251	154	30	,	,	PUNCT
cjal-9251	154	31	while	while	SCONJ
cjal-9251	154	32	playing	play	VERB
cjal-9251	154	33	only	only	ADV
cjal-9251	154	34	a	a	DET
cjal-9251	154	35	limited	limited	ADJ
cjal-9251	154	36	role	role	NOUN
cjal-9251	154	37	in	in	ADP
cjal-9251	154	38	the	the	DET
cjal-9251	154	39	capital	capital	NOUN
cjal-9251	154	40	allocation	allocation	NOUN
cjal-9251	154	41	process	process	NOUN
cjal-9251	154	42	by	by	ADP
cjal-9251	154	43	simply	simply	ADV
cjal-9251	154	44	providing	provide	VERB
cjal-9251	154	45	seed	seed	NOUN
cjal-9251	154	46	funding	funding	NOUN
cjal-9251	154	47	and	and	CCONJ
cjal-9251	154	48	leaving	leave	VERB
cjal-9251	154	49	specific	specific	ADJ
cjal-9251	154	50	capital	capital	NOUN
cjal-9251	154	51	allocation	allocation	NOUN
cjal-9251	154	52	decisions	decision	NOUN
cjal-9251	154	53	such	such	ADJ
cjal-9251	154	54	as	as	ADP
cjal-9251	154	55	selection	selection	NOUN
cjal-9251	154	56	of	of	ADP
cjal-9251	154	57	portfolio	portfolio	NOUN
cjal-9251	154	58	companies	company	NOUN
cjal-9251	154	59	and	and	CCONJ
cjal-9251	154	60	designing	design	VERB
cjal-9251	154	61	investment	investment	NOUN
cjal-9251	154	62	strategies	strategy	NOUN
cjal-9251	154	63	to	to	ADP
cjal-9251	154	64	private	private	ADJ
cjal-9251	154	65	vc	vc	PROPN
cjal-9251	154	66	firms	firm	NOUN
cjal-9251	154	67	with	with	ADP
cjal-9251	154	68	the	the	DET
cjal-9251	154	69	right	right	ADJ
cjal-9251	154	70	incentives	incentive	NOUN
cjal-9251	154	71	.	.	PUNCT
cjal-9251	155	1	this	this	PRON
cjal-9251	155	2	is	be	AUX
cjal-9251	155	3	a	a	DET
cjal-9251	155	4	lesson	lesson	NOUN
cjal-9251	155	5	that	that	PRON
cjal-9251	155	6	could	could	AUX
cjal-9251	155	7	be	be	AUX
cjal-9251	155	8	valuable	valuable	ADJ
cjal-9251	155	9	to	to	ADP
cjal-9251	155	10	other	other	ADJ
cjal-9251	155	11	countries	country	NOUN
cjal-9251	155	12	,	,	PUNCT
cjal-9251	155	13	such	such	ADJ
cjal-9251	155	14	as	as	ADP
cjal-9251	155	15	japan	japan	PROPN
cjal-9251	155	16	36	36	NUM
cjal-9251	155	17	and	and	CCONJ
cjal-9251	155	18	germany	germany	PROPN
cjal-9251	155	19	,	,	PUNCT
cjal-9251	155	20	37	37	NUM
cjal-9251	155	21	that	that	PRON
cjal-9251	155	22	have	have	AUX
cjal-9251	155	23	attempted	attempt	VERB
cjal-9251	155	24	to	to	PART
cjal-9251	155	25	promote	promote	VERB
cjal-9251	155	26	the	the	DET
cjal-9251	155	27	development	development	NOUN
cjal-9251	155	28	of	of	ADP
cjal-9251	155	29	a	a	DET
cjal-9251	155	30	vc	vc	NOUN
cjal-9251	155	31	market	market	NOUN
cjal-9251	155	32	without	without	ADP
cjal-9251	155	33	significant	significant	ADJ
cjal-9251	155	34	success	success	NOUN
cjal-9251	155	35	,	,	PUNCT
cjal-9251	155	36	and	and	CCONJ
cjal-9251	155	37	to	to	ADP
cjal-9251	155	38	other	other	ADJ
cjal-9251	155	39	countries	country	NOUN
cjal-9251	155	40	that	that	PRON
cjal-9251	155	41	are	be	AUX
cjal-9251	155	42	attempting	attempt	VERB
cjal-9251	155	43	to	to	PART
cjal-9251	155	44	promote	promote	VERB
cjal-9251	155	45	the	the	DET
cjal-9251	155	46	formation	formation	NOUN
cjal-9251	155	47	and	and	CCONJ
cjal-9251	155	48	growth	growth	NOUN
cjal-9251	155	49	of	of	ADP
cjal-9251	155	50	a	a	DET
cjal-9251	155	51	vc	vc	NOUN
cjal-9251	155	52	sector	sector	NOUN
cjal-9251	155	53	.	.	PUNCT
cjal-9251	156	1	the	the	DET
cjal-9251	156	2	remaining	remain	VERB
cjal-9251	156	3	parts	part	NOUN
cjal-9251	156	4	of	of	ADP
cjal-9251	156	5	this	this	DET
cjal-9251	156	6	article	article	NOUN
cjal-9251	156	7	are	be	AUX
cjal-9251	156	8	structured	structure	VERB
cjal-9251	156	9	as	as	SCONJ
cjal-9251	156	10	follows	follow	VERB
cjal-9251	156	11	.	.	PUNCT
cjal-9251	157	1	part	part	NOUN
cjal-9251	157	2	i	i	PRON
cjal-9251	157	3	examines	examine	VERB
cjal-9251	157	4	the	the	DET
cjal-9251	157	5	chinese	chinese	ADJ
cjal-9251	157	6	experience	experience	NOUN
cjal-9251	157	7	of	of	ADP
cjal-9251	157	8	engineering	engineer	VERB
cjal-9251	157	9	a	a	DET
cjal-9251	157	10	vc	vc	NOUN
cjal-9251	157	11	market	market	NOUN
cjal-9251	157	12	.	.	PUNCT
cjal-9251	158	1	part	part	NOUN
cjal-9251	158	2	ii	ii	PROPN
cjal-9251	158	3	identifie	identifie	PROPN
cjal-9251	158	4	s	s	VERB
cjal-9251	158	5	the	the	DET
cjal-9251	158	6	institutional	institutional	ADJ
cjal-9251	158	7	impediments	impediment	NOUN
cjal-9251	158	8	in	in	ADP
cjal-9251	158	9	china	china	PROPN
cjal-9251	158	10	and	and	CCONJ
cjal-9251	158	11	suggests	suggest	VERB
cjal-9251	158	12	room	room	NOUN
cjal-9251	158	13	for	for	ADP
cjal-9251	158	14	future	future	ADJ
cjal-9251	158	15	reforms	reform	NOUN
cjal-9251	158	16	.	.	PUNCT
cjal-9251	159	1	part	part	NOUN
cjal-9251	159	2	iii	iii	PRON
cjal-9251	159	3	critically	critically	ADV
cjal-9251	159	4	discusses	discuss	VERB
cjal-9251	159	5	the	the	DET
cjal-9251	159	6	lessons	lesson	NOUN
cjal-9251	159	7	learned	learn	VERB
cjal-9251	159	8	from	from	ADP
cjal-9251	159	9	investors	investor	NOUN
cjal-9251	159	10	and	and	CCONJ
cjal-9251	159	11	entrepreneurs	entrepreneur	NOUN
cjal-9251	159	12	.	.	PUNCT
cjal-9251	160	1	the	the	DET
cjal-9251	160	2	interview	interview	NOUN
cjal-9251	160	3	ees	ee	NOUN
cjal-9251	160	4	come	come	VERB
cjal-9251	160	5	from	from	ADP
cjal-9251	160	6	the	the	DET
cjal-9251	160	7	six	six	NUM
cjal-9251	160	8	cities	city	NOUN
cjal-9251	160	9	that	that	PRON
cjal-9251	160	10	are	be	AUX
cjal-9251	160	11	the	the	DET
cjal-9251	160	12	major	major	ADJ
cjal-9251	160	13	places	place	NOUN
cjal-9251	160	14	of	of	ADP
cjal-9251	160	15	vc	vc	PROPN
cjal-9251	160	16	in	in	ADP
cjal-9251	160	17	china	china	PROPN
cjal-9251	160	18	,	,	PUNCT
cjal-9251	160	19	namely	namely	ADV
cjal-9251	160	20	beijing	beijing	PROPN
cjal-9251	160	21	,	,	PUNCT
cjal-9251	160	22	shanghai	shanghai	PROPN
cjal-9251	160	23	,	,	PUNCT
cjal-9251	160	24	tianj	tianj	ADV
cjal-9251	160	25	in	in	ADV
cjal-9251	160	26	,	,	PUNCT
cjal-9251	160	27	shenzhen	shenzhen	PROPN
cjal-9251	160	28	,	,	PUNCT
cjal-9251	160	29	chongqing	chongqing	PROPN
cjal-9251	160	30	,	,	PUNCT
cjal-9251	160	31	and	and	CCONJ
cjal-9251	160	32	guangzhou	guangzhou	PROPN
cjal-9251	160	33	;	;	PUNCT
cjal-9251	160	34	(	(	PUNCT
cjal-9251	160	35	iii	iii	X
cjal-9251	160	36	)	)	PUNCT
cjal-9251	160	37	a	a	DET
cjal-9251	160	38	study	study	NOUN
cjal-9251	160	39	of	of	ADP
cjal-9251	160	40	official	official	ADJ
cjal-9251	160	41	data	datum	NOUN
cjal-9251	160	42	published	publish	VERB
cjal-9251	160	43	by	by	ADP
cjal-9251	160	44	the	the	DET
cjal-9251	160	45	leading	lead	VERB
cjal-9251	160	46	servi	servi	PROPN
cjal-9251	160	47	~	~	SYM
cjal-9251	160	48	e	e	NOUN
cjal-9251	160	49	providers	provider	NOUN
cjal-9251	160	50	,	,	PUNCT
cjal-9251	160	51	i.e.	i.e.	X
cjal-9251	160	52	~he	~he	PUNCT
cjal-9251	160	53	annual	annual	ADJ
cjal-9251	160	54	reports	report	NOUN
cjal-9251	160	55	published	publish	VERB
cjal-9251	160	56	by	by	ADP
cjal-9251	160	57	the	the	DET
cjal-9251	160	58	zero2ipo	zero2ipo	PROPN
cjal-9251	160	59	research	research	NOUN
cjal-9251	160	60	center	center	NOUN
cjal-9251	160	61	,	,	PUNCT
cjal-9251	160	62	the	the	DET
cjal-9251	160	63	china	china	PROPN
cjal-9251	160	64	venture	venture	PROPN
cjal-9251	160	65	capital	capital	PROPN
cjal-9251	160	66	yearbook	yearbook	NOUN
cjal-9251	160	67	published	publish	VERB
cjal-9251	160	68	by	by	ADP
cjal-9251	160	69	china	china	PROPN
cjal-9251	160	70	venture	venture	PROPN
cjal-9251	160	71	capital	capital	PROPN
cjal-9251	160	72	research	research	NOUN
cjal-9251	160	73	institution	institution	NOUN
cjal-9251	160	74	,	,	PUNCT
cjal-9251	160	75	and	and	CCONJ
cjal-9251	160	76	the	the	DET
cjal-9251	160	77	annual	annual	ADJ
cjal-9251	160	78	reports	report	NOUN
cjal-9251	160	79	published	publish	VERB
cjal-9251	160	80	by	by	ADP
cjal-9251	160	81	the	the	DET
cjal-9251	160	82	venturechina.c	venturechina.c	PUNCT
cjal-9251	160	83	n.	n.	PROPN
cjal-9251	160	84	36	36	NUM
cjal-9251	160	85	see	see	VERB
cjal-9251	160	86	shishido	shishido	NOUN
cjal-9251	160	87	,	,	PUNCT
cjal-9251	160	88	supra	supra	PROPN
cjal-9251	160	89	note	note	NOUN
cjal-9251	160	90	4	4	NUM
cjal-9251	160	91	.	.	SYM
cjal-9251	160	92	37	37	NUM
cjal-9251	160	93	see	see	VERB
cjal-9251	160	94	ronald	ronald	PROPN
cjal-9251	160	95	j.	j.	PROPN
cjal-9251	160	96	gilson	gilson	PROPN
cjal-9251	160	97	&	&	CCONJ
cjal-9251	160	98	bernard	bernard	PROPN
cjal-9251	160	99	s.	s.	PROPN
cjal-9251	160	100	black	black	PROPN
cjal-9251	160	101	,	,	PUNCT
cjal-9251	160	102	does	do	AUX
cjal-9251	160	103	venture	venture	NOUN
cjal-9251	160	104	capital	capital	NOUN
cjal-9251	160	105	require	require	VERB
cjal-9251	160	106	an	an	DET
cjal-9251	160	107	active	active	ADJ
cjal-9251	160	108	stock	stock	NOUN
cjal-9251	160	109	market	market	NOUN
cjal-9251	160	110	?	?	PUNCT
cjal-9251	160	111	,	,	PUNCT
cjal-9251	160	112	j.	j.	PROPN
cjal-9251	160	113	applied	applied	PROPN
cjal-9251	160	114	corp	corp	PROPN
cjal-9251	160	115	.	.	PROPN
cjal-9251	160	116	fi:-	fi:-	PROPN
cjal-9251	160	117	!	!	PROPN
cjal-9251	160	118	.	.	PUNCT
cjal-9251	161	1	36	36	NUM
cjal-9251	161	2	,	,	PUNCT
cjal-9251	161	3	36	36	NUM
cjal-9251	161	4	-	-	SYM
cjal-9251	161	5	48	48	NUM
cjal-9251	161	6	(	(	PUNCT
cjal-9251	161	7	1999	1999	NUM
cjal-9251	161	8	)	)	PUNCT
cjal-9251	161	9	.	.	PUNCT
cjal-9251	162	1	166	166	NUM
cjal-9251	162	2	columbia	columbia	PROPN
cjal-9251	162	3	jo	jo	PROPN
cjal-9251	162	4	urnal	urnal	PROPN
cjal-9251	162	5	of	of	ADP
cjal-9251	162	6	asian	asian	ADJ
cjal-9251	162	7	law	law	NOUN
cjal-9251	163	1	[	[	X
cjal-9251	163	2	vol	vol	NOUN
cjal-9251	163	3	.	.	PUNCT
cjal-9251	163	4	30:160	30:160	NUM
cjal-9251	163	5	china	china	NOUN
cjal-9251	163	6	for	for	ADP
cjal-9251	163	7	other	other	ADJ
cjal-9251	163	8	jurisdictions	jurisdiction	NOUN
cjal-9251	163	9	.	.	PUNCT
cjal-9251	164	1	a	a	DET
cjal-9251	164	2	brief	brief	ADJ
cjal-9251	164	3	conclusion	conclusion	NOUN
cjal-9251	164	4	follows	follow	VERB
cjal-9251	164	5	.	.	PUNCT
cjal-9251	165	1	i.	i.	PROPN
cjal-9251	165	2	tackling	tackle	VERB
cjal-9251	165	3	the	the	DET
cjal-9251	165	4	simult	simult	NOUN
cjal-9251	165	5	aneity	aneity	NOUN
cjal-9251	165	6	problem	problem	NOUN
cjal-9251	165	7	in	in	ADP
cjal-9251	165	8	china	china	PROPN
cjal-9251	165	9	a.	a.	NOUN
cjal-9251	165	10	the	the	DET
cjal-9251	165	11	difficulty	difficulty	NOUN
cjal-9251	165	12	overseas	overseas	ADV
cjal-9251	165	13	the	the	DET
cjal-9251	165	14	key	key	ADJ
cjal-9251	165	15	challenge	challenge	NOUN
cjal-9251	165	16	for	for	ADP
cjal-9251	165	17	governments	government	NOUN
cjal-9251	165	18	seeking	seek	VERB
cjal-9251	165	19	to	to	PART
cjal-9251	165	20	engineer	engineer	VERB
cjal-9251	165	21	a	a	DET
cjal-9251	165	22	vc	vc	NOUN
cjal-9251	165	23	market	market	NOUN
cjal-9251	165	24	is	be	AUX
cjal-9251	165	25	ensuring	ensure	VERB
cjal-9251	165	26	the	the	DET
cjal-9251	165	27	simultaneous	simultaneous	ADJ
cjal-9251	165	28	availability	availability	NOUN
cjal-9251	165	29	of	of	ADP
cjal-9251	165	30	three	three	NUM
cjal-9251	165	31	factors	factor	NOUN
cjal-9251	165	32	-	-	PUNCT
cjal-9251	165	33	a	a	DET
cjal-9251	165	34	challen	challen	NOUN
cjal-9251	166	1	~	~	ADP
cjal-9251	166	2	e	e	NOUN
cjal-9251	166	3	that	that	PRON
cjal-9251	166	4	gilson	gilson	PROPN
cjal-9251	166	5	termed	term	VERB
cjal-9251	166	6	the	the	DET
cjal-9251	166	7	"	"	PUNCT
cjal-9251	166	8	simultaneity	simultaneity	NOUN
cjal-9251	166	9	problem	problem	NOUN
cjal-9251	166	10	.	.	PUNCT
cjal-9251	167	1	"	"	PUNCT
cjal-9251	168	1	the	the	DET
cjal-9251	168	2	first	first	ADJ
cjal-9251	168	3	factor	factor	NOUN
cjal-9251	168	4	1s	1s	NUM
cjal-9251	168	5	investment	investment	NOUN
cjal-9251	168	6	capital	capital	NOUN
cjal-9251	168	7	.	.	PUNCT
cjal-9251	169	1	venture	venture	NOUN
cjal-9251	169	2	capitalists	capitalist	NOUN
cjal-9251	169	3	provide	provide	VERB
cjal-9251	169	4	a	a	DET
cjal-9251	169	5	special	special	ADJ
cjal-9251	169	6	type	type	NOUN
cjal-9251	169	7	of	of	ADP
cjal-9251	169	8	capital	capital	NOUN
cjal-9251	169	9	for	for	ADP
cjal-9251	169	10	early	early	ADJ
cjal-9251	169	11	-	-	PUNCT
cjal-9251	169	12	stage	stage	NOUN
cjal-9251	169	13	,	,	PUNCT
cjal-9251	169	14	high	high	ADJ
cjal-9251	169	15	-	-	PUNCT
cjal-9251	169	16	growth	growth	NOUN
cjal-9251	169	17	,	,	PUNCT
cjal-9251	169	18	high	high	ADJ
cjal-9251	169	19	-	-	PUNCT
cjal-9251	169	20	risk	risk	NOUN
cjal-9251	169	21	,	,	PUNCT
cjal-9251	169	22	often	often	ADV
cjal-9251	169	23	high	high	ADJ
cjal-9251	169	24	-	-	PUNCT
cjal-9251	169	25	technology	technology	NOUN
cjal-9251	169	26	firms	firm	NOUN
cjal-9251	169	27	that	that	PRON
cjal-9251	169	28	need	need	VERB
cjal-9251	169	29	equity	equity	NOUN
cjal-9251	169	30	capital	capital	NOUN
cjal-9251	169	31	to	to	PART
cjal-9251	169	32	finance	finance	VERB
cjal-9251	169	33	product	product	NOUN
cjal-9251	169	34	development	development	NOUN
cjal-9251	169	35	or	or	CCONJ
cjal-9251	169	36	growth	growth	NOUN
cjal-9251	169	37	.	.	PUNCT
cjal-9251	170	1	38	38	NUM
cjal-9251	170	2	because	because	SCONJ
cjal-9251	170	3	of	of	ADP
cjal-9251	170	4	venture	venture	NOUN
cjal-9251	170	5	capitalists	capitalist	NOUN
cjal-9251	170	6	'	'	PART
cjal-9251	170	7	appetite	appetite	NOUN
cjal-9251	170	8	for	for	ADP
cjal-9251	170	9	high	high	ADJ
cjal-9251	170	10	-	-	PUNCT
cjal-9251	170	11	ri	ri	NOUN
cjal-9251	170	12	sk	sk	NOUN
cjal-9251	170	13	,	,	PUNCT
cjal-9251	170	14	high	high	ADJ
cjal-9251	170	15	-	-	PUNCT
cjal-9251	170	16	return	return	NOUN
cjal-9251	170	17	investments	investment	NOUN
cjal-9251	170	18	,	,	PUNCT
cjal-9251	170	19	and	and	CCONJ
cjal-9251	171	1	because	because	SCONJ
cjal-9251	171	2	of	of	ADP
cjal-9251	171	3	their	their	PRON
cjal-9251	171	4	managerial	managerial	ADJ
cjal-9251	171	5	skills	skill	NOUN
cjal-9251	171	6	and	and	CCONJ
cjal-9251	171	7	industrial	industrial	ADJ
cjal-9251	171	8	connections	connection	NOUN
cjal-9251	171	9	,	,	PUNCT
cjal-9251	171	10	venture	venture	NOUN
cjal-9251	171	11	capital	capital	NOUN
cjal-9251	171	12	plays	play	VERB
cjal-9251	171	13	an	an	DET
cjal-9251	171	14	important	important	ADJ
cjal-9251	171	15	role	role	NOUN
cjal-9251	171	16	in	in	ADP
cjal-9251	171	17	commercializing	commercialize	VERB
cjal-9251	171	18	cutting	cutting	NOUN
cjal-9251	171	19	-	-	PUNCT
cjal-9251	171	20	edge	edge	NOUN
cjal-9251	171	21	science	science	NOUN
cjal-9251	171	22	and	and	CCONJ
cjal-9251	171	23	innovation	innovation	NOUN
cjal-9251	171	24	.	.	PUNCT
cjal-9251	172	1	39	39	NUM
cjal-9251	172	2	the	the	DET
cjal-9251	172	3	second	second	ADJ
cjal-9251	172	4	factor	factor	NOUN
cjal-9251	172	5	is	be	AUX
cjal-9251	172	6	the	the	DET
cjal-9251	172	7	availability	availability	NOUN
cjal-9251	172	8	of	of	ADP
cjal-9251	172	9	specialized	specialized	ADJ
cjal-9251	172	10	financial	financial	ADJ
cjal-9251	172	11	intermediaries	intermediary	NOUN
cjal-9251	172	12	that	that	PRON
cjal-9251	172	13	serve	serve	VERB
cjal-9251	172	14	as	as	ADP
cjal-9251	172	15	the	the	DET
cjal-9251	172	16	"	"	PUNCT
cjal-9251	172	17	nexus	nexus	NOUN
cjal-9251	172	18	of	of	ADP
cjal-9251	172	19	a	a	DET
cjal-9251	172	20	set	set	NOUN
cjal-9251	172	21	of	of	ADP
cjal-9251	172	22	sophisticated	sophisticated	ADJ
cjal-9251	172	23	contracts	contract	NOUN
cjal-9251	172	24	"	"	PUNCT
cjal-9251	172	25	and	and	CCONJ
cjal-9251	172	26	that	that	PRON
cjal-9251	172	27	implement	implement	VERB
cjal-9251	172	28	an	an	DET
cjal-9251	172	29	effective	effective	ADJ
cjal-9251	172	30	incentive	incentive	NOUN
cjal-9251	172	31	structure	structure	NOUN
cjal-9251	172	32	in	in	ADP
cjal-9251	172	33	a	a	DET
cjal-9251	172	34	vc	vc	NOUN
cjal-9251	172	35	cycle	cycle	NOUN
cjal-9251	172	36	.	.	PUNCT
cjal-9251	173	1	40	40	NUM
cjal-9251	173	2	there	there	PRON
cjal-9251	173	3	are	be	VERB
cjal-9251	173	4	two	two	NUM
cjal-9251	173	5	main	main	ADJ
cjal-9251	173	6	contracts	contract	NOUN
cjal-9251	173	7	that	that	PRON
cjal-9251	173	8	place	place	VERB
cjal-9251	173	9	financial	financial	ADJ
cjal-9251	173	10	intermediaries	intermediary	NOUN
cjal-9251	173	11	between	between	ADP
cjal-9251	173	12	sources	source	NOUN
cjal-9251	173	13	of	of	ADP
cjal-9251	173	14	capital	capital	NOUN
cjal-9251	173	15	and	and	CCONJ
cjal-9251	173	16	innovative	innovative	ADJ
cjal-9251	173	17	businesses	business	NOUN
cjal-9251	173	18	.	.	PUNCT
cjal-9251	174	1	the	the	DET
cjal-9251	174	2	first	first	ADJ
cjal-9251	174	3	contract	contract	NOUN
cjal-9251	174	4	arises	arise	VERB
cjal-9251	174	5	at	at	ADP
cjal-9251	174	6	the	the	DET
cjal-9251	174	7	fund	fund	NOUN
cjal-9251	174	8	-	-	PUNCT
cjal-9251	174	9	raising	raise	VERB
cjal-9251	174	10	stage	stage	NOUN
cjal-9251	174	11	between	between	ADP
cjal-9251	174	12	the	the	DET
cjal-9251	174	13	investor	investor	NOUN
cjal-9251	174	14	and	and	CCONJ
cjal-9251	174	15	the	the	DET
cjal-9251	174	16	vc	vc	PROPN
cjal-9251	174	17	fund	fund	PROPN
cjal-9251	174	18	,	,	PUNCT
cjal-9251	174	19	which	which	PRON
cjal-9251	174	20	is	be	AUX
cjal-9251	174	21	typically	typically	ADV
cjal-9251	174	22	organized	organize	VERB
cjal-9251	174	23	in	in	ADP
cjal-9251	174	24	the	the	DET
cjal-9251	174	25	u.s	u.s	PROPN
cjal-9251	174	26	.	.	PROPN
cjal-9251	174	27	as	as	ADP
cjal-9251	174	28	a	a	DET
cjal-9251	174	29	limited	limited	ADJ
cjal-9251	174	30	partnership	partnership	NOUN
cjal-9251	174	31	.	.	PUNCT
cjal-9251	175	1	this	this	DET
cjal-9251	175	2	contract	contract	NOUN
cjal-9251	175	3	alleviates	alleviate	VERB
cjal-9251	175	4	the	the	DET
cjal-9251	175	5	agency	agency	NOUN
cjal-9251	175	6	costs	cost	NOUN
cjal-9251	175	7	between	between	ADP
cjal-9251	175	8	the	the	DET
cjal-9251	175	9	investor	investor	NOUN
cjal-9251	175	10	and	and	CCONJ
cjal-9251	175	11	fund	fund	NOUN
cjal-9251	175	12	manager	manager	NOUN
cjal-9251	175	13	and	and	CCONJ
cjal-9251	175	14	incentivizes	incentivize	VERB
cjal-9251	175	15	the	the	DET
cjal-9251	175	16	latter	latter	ADJ
cjal-9251	175	17	through	through	ADP
cjal-9251	175	18	mechanisms	mechanism	NOUN
cjal-9251	175	19	such	such	ADJ
cjal-9251	175	20	as	as	ADP
cjal-9251	175	21	a	a	DET
cjal-9251	175	22	fixed	fix	VERB
cjal-9251	175	23	term	term	NOUN
cjal-9251	175	24	,	,	PUNCT
cjal-9251	175	25	mandatory	mandatory	ADJ
cjal-9251	175	26	distributions	distribution	NOUN
cjal-9251	175	27	,	,	PUNCT
cjal-9251	175	28	and	and	CCONJ
cjal-9251	175	29	structuring	structuring	NOUN
cjal-9251	175	30	of	of	ADP
cjal-9251	175	31	the	the	DET
cjal-9251	175	32	fund	fund	NOUN
cjal-9251	175	33	manager	manager	NOUN
cjal-9251	175	34	's	's	PART
cjal-9251	175	35	compensation	compensation	NOUN
cjal-9251	175	36	.	.	PUNCT
cjal-9251	176	1	41	41	NUM
cjal-9251	177	1	the	the	DET
cjal-9251	177	2	second	second	ADJ
cjal-9251	177	3	contract	contract	NOUN
cjal-9251	177	4	arises	arise	VERB
cjal-9251	177	5	between	between	ADP
cjal-9251	177	6	the	the	DET
cjal-9251	177	7	vc	vc	PROPN
cjal-9251	177	8	fund	fund	NOUN
cjal-9251	177	9	and	and	CCONJ
cjal-9251	177	10	the	the	DET
cjal-9251	177	11	portfolio	portfolio	NOUN
cjal-9251	177	12	company	company	NOUN
cjal-9251	177	13	.	.	PUNCT
cjal-9251	178	1	this	this	DET
cjal-9251	178	2	contract	contract	NOUN
cjal-9251	178	3	addresses	address	VERB
cjal-9251	178	4	the	the	DET
cjal-9251	178	5	uncertainty	uncertainty	NOUN
cjal-9251	178	6	,	,	PUNCT
cjal-9251	178	7	information	information	NOUN
cjal-9251	178	8	asymmetry	asymmetry	NOUN
cjal-9251	178	9	and	and	CCONJ
cjal-9251	178	10	agency	agency	NOUN
cjal-9251	178	11	costs	cost	NOUN
cjal-9251	178	12	between	between	ADP
cjal-9251	178	13	the	the	DET
cjal-9251	178	14	vc	vc	PROPN
cjal-9251	178	15	fund	fund	NOUN
cjal-9251	178	16	and	and	CCONJ
cjal-9251	178	17	entrepreneurs	entrepreneur	NOUN
cjal-9251	178	18	and	and	CCONJ
cjal-9251	178	19	incentivizes	incentivize	VERB
cjal-9251	178	20	both	both	DET
cjal-9251	178	21	participants	participant	NOUN
cjal-9251	178	22	through	through	ADP
cjal-9251	178	23	mechanisms	mechanism	NOUN
cjal-9251	178	24	such	such	ADJ
cjal-9251	178	25	as	as	ADP
cjal-9251	178	26	staged	stage	VERB
cjal-9251	178	27	financing	financing	NOUN
cjal-9251	178	28	,	,	PUNCT
cjal-9251	178	29	allocation	allocation	NOUN
cjal-9251	178	30	of	of	ADP
cjal-9251	178	31	control	control	NOUN
cjal-9251	178	32	to	to	ADP
cjal-9251	178	33	the	the	DET
cjal-9251	178	34	fund	fund	NOUN
cjal-9251	178	35	,	,	PUNCT
cjal-9251	178	36	structuring	structuring	NOUN
cjal-9251	178	37	of	of	ADP
cjal-9251	178	38	the	the	DET
cjal-9251	178	39	entrepreneur	entrepreneur	NOUN
cjal-9251	178	40	's	's	PART
cjal-9251	178	41	compensation	compensation	NOUN
cjal-9251	178	42	and	and	CCONJ
cjal-9251	178	43	incentivizing	incentivize	VERB
cjal-9251	178	44	exit	exit	NOUN
cjal-9251	178	45	.	.	PUNCT
cjal-9251	179	1	42	42	NUM
cjal-9251	179	2	the	the	DET
cjal-9251	179	3	interaction	interaction	NOUN
cjal-9251	179	4	,	,	PUNCT
cjal-9251	179	5	or	or	CCONJ
cjal-9251	179	6	''	''	PUNCT
cjal-9251	179	7	braiding	braid	VERB
cjal-9251	179	8	,	,	PUNCT
cjal-9251	179	9	"	"	PUNCT
cjal-9251	179	10	of	of	ADP
cjal-9251	179	11	the	the	DET
cjal-9251	179	12	two	two	NUM
cjal-9251	179	13	contracts	contract	NOUN
cjal-9251	179	14	enhances	enhance	VERB
cjal-9251	179	15	the	the	DET
cjal-9251	179	16	efficiency	efficiency	NOUN
cjal-9251	179	17	of	of	ADP
cjal-9251	179	18	each	each	PRON
cjal-9251	179	19	in	in	ADP
cjal-9251	179	20	terms	term	NOUN
cjal-9251	179	21	of	of	ADP
cjal-9251	179	22	incentivizing	incentivize	VERB
cjal-9251	179	23	exit	exit	NOUN
cjal-9251	179	24	and	and	CCONJ
cjal-9251	179	25	constraining	constrain	VERB
cjal-9251	179	26	opportunistic	opportunistic	ADJ
cjal-9251	179	27	behavior	behavior	NOUN
cjal-9251	179	28	by	by	ADP
cjal-9251	179	29	the	the	DET
cjal-9251	179	30	vc	vc	PROPN
cjal-9251	179	31	fund	fund	NOUN
cjal-9251	179	32	against	against	ADP
cjal-9251	179	33	entrepreneurs.4	entrepreneurs.4	PROPN
cjal-9251	179	34	3	3	NUM
cjal-9251	179	35	the	the	DET
cjal-9251	179	36	last	last	ADJ
cjal-9251	179	37	essential	essential	ADJ
cjal-9251	179	38	factor	factor	NOUN
cjal-9251	179	39	for	for	ADP
cjal-9251	179	40	creating	create	VERB
cjal-9251	179	41	a	a	DET
cjal-9251	179	42	national	national	ADJ
cjal-9251	179	43	vc	vc	PROPN
cjal-9251	179	44	market	market	NOUN
cjal-9251	179	45	is	be	AUX
cjal-9251	179	46	the	the	DET
cjal-9251	179	47	availability	availability	NOUN
cjal-9251	179	48	of	of	ADP
cjal-9251	179	49	entrepreneurs	entrepreneur	NOUN
cjal-9251	179	50	.	.	PUNCT
cjal-9251	180	1	gilson	gilson	PROPN
cjal-9251	180	2	assumes	assume	VERB
cjal-9251	180	3	that	that	SCONJ
cjal-9251	180	4	the	the	DET
cjal-9251	180	5	su	su	PROPN
cjal-9251	180	6	1	1	NUM
cjal-9251	180	7	of	of	ADP
cjal-9251	180	8	t	t	PROPN
cjal-9251	180	9	.	.	PUNCT
cjal-9251	181	1	th	th	X
cjal-9251	181	2	"	"	PUNCT
cjal-9251	181	3	1	1	NUM
cjal-9251	181	4	f	f	PROPN
cjal-9251	181	5	·	·	PUNCT
cjal-9251	181	6	"	"	PUNCT
cjal-9251	181	7	pp	pp	CCONJ
cjal-9251	181	8	y	y	PROPN
cjal-9251	181	9	en	en	PROPN
cjal-9251	181	10	repreneurs	repreneur	VERB
cjal-9251	181	11	1s	1s	NUM
cjal-9251	181	12	e	e	NOUN
cjal-9251	181	13	so	so	NOUN
cjal-9251	181	14	e	e	ADP
cjal-9251	181	15	unction	unction	NOUN
cjal-9251	181	16	of	of	ADP
cjal-9251	181	17	the	the	DET
cjal-9251	181	18	availability	availability	NOUN
cjal-9251	181	19	of	of	ADP
cjal-9251	181	20	capital	capital	NOUN
cjal-9251	181	21	and	and	CCONJ
cjal-9251	181	22	38	38	NUM
cjal-9251	181	23	i	i	PROPN
cjal-9251	181	24	d.	d.	PROPN
cjal-9251	181	25	at	at	ADP
cjal-9251	181	26	36	36	NUM
cjal-9251	181	27	.	.	SYM
cjal-9251	181	28	39	39	NUM
cjal-9251	181	29	gilson	gilson	NOUN
cjal-9251	181	30	,	,	PUNCT
cjal-9251	181	31	supra	supra	PROPN
cjal-9251	181	32	note	note	PROPN
cjal-9251	181	33	1	1	NUM
cjal-9251	181	34	,	,	PUNCT
cjal-9251	181	35	at	at	ADP
cjal-9251	181	36	1068	1068	NUM
cjal-9251	181	37	.	.	PUNCT
cjal-9251	182	1	see	see	VERB
cjal-9251	182	2	also	also	ADV
cjal-9251	182	3	lerner	lerner	PROPN
cjal-9251	182	4	sup	sup	PROPN
cjal-9251	182	5	t	t	PROPN
cjal-9251	182	6	5	5	NUM
cjal-9251	182	7	(	(	PUNCT
cjal-9251	182	8	h	h	NOUN
cjal-9251	182	9	·	·	PUNCT
cjal-9251	182	10	·	·	PUNCT
cjal-9251	183	1	h	h	NOUN
cjal-9251	183	2	·	·	PUNCT
cjal-9251	183	3	f	f	X
cjal-9251	183	4	'	'	PUNCT
cjal-9251	183	5	•	•	NUM
cjal-9251	183	6	ra	ra	INTJ
cjal-9251	184	1	no	no	DET
cjal-9251	184	2	e	e	NOUN
cjal-9251	184	3	at	at	ADP
cjal-9251	184	4	181	181	NUM
cjal-9251	184	5	-	-	SYM
cjal-9251	184	6	182	182	NUM
cjal-9251	184	7	emp	emp	NOUN
cjal-9251	184	8	as1zmg	as1zmg	PROPN
cjal-9251	184	9	t	t	PROPN
cjal-9251	184	10	e	e	NOUN
cjal-9251	184	11	importance	importance	NOUN
cjal-9251	184	12	o	o	NOUN
cjal-9251	184	13	a	a	DET
cjal-9251	184	14	large	large	ADJ
cjal-9251	184	15	dome	dome	NOUN
cjal-9251	184	16	stic	stic	ADJ
cjal-9251	184	17	market	market	NOUN
cjal-9251	184	18	with	with	ADP
cjal-9251	184	19	·	·	PUNCT
cjal-9251	184	20	'	'	PUNCT
cjal-9251	184	21	.	.	PUNCT
cjal-9251	185	1	risks	risk	NOUN
cjal-9251	185	2	with	with	ADP
cjal-9251	185	3	younger	young	ADJ
cjal-9251	185	4	firms	firm	NOUN
cjal-9251	185	5	in	in	ADP
cjal-9251	185	6	the	the	DET
cjal-9251	185	7	development	development	NOUN
cjal-9251	185	8	of	of	ADP
cjal-9251	185	9	a	a	DET
cjal-9251	185	10	vc	vc	NOUN
cjal-9251	185	11	market	market	NOUN
cjal-9251	185	12	)	)	PUNCT
cjal-9251	185	13	.	.	PUNCT
cjal-9251	186	1	mveatars	mveatar	NOUN
cjal-9251	186	2	willing	willing	ADJ
cjal-9251	186	3	to	to	PART
cjal-9251	186	4	take	take	VERB
cjal-9251	186	5	10	10	NUM
cjal-9251	186	6	gilson	gilson	NOUN
cjal-9251	186	7	,	,	PUNCT
cjal-9251	186	8	supra	supra	PROPN
cjal-9251	186	9	note	note	PROPN
cjal-9251	186	10	1	1	NUM
cjal-9251	186	11	,	,	PUNCT
cjal-9251	186	12	at	at	ADP
cjal-9251	186	13	1069	1069	NUM
cjal-9251	186	14	,	,	PUNCT
cjal-9251	186	15	1093	1093	NUM
cjal-9251	186	16	.	.	PUNCT
cjal-9251	187	1	11	11	NUM
cjal-9251	188	1	i	i	PRON
cjal-9251	188	2	d.	d.	VERB
cjal-9251	188	3	at	at	ADP
cjal-9251	188	4	1087	1087	NUM
cjal-9251	188	5	-	-	SYM
cjal-9251	188	6	90	90	NUM
cjal-9251	188	7	.	.	NUM
cjal-9251	188	8	12	12	NUM
cjal-9251	189	1	i	i	PRON
cjal-9251	189	2	d.	d.	PROPN
cjal-9251	189	3	at	at	ADP
cjal-9251	189	4	1078	1078	NUM
cjal-9251	189	5	-	-	SYM
cjal-9251	189	6	87	87	NUM
cjal-9251	189	7	.	.	PUNCT
cjal-9251	190	1	•	•	NUM
cjal-9251	190	2	3	3	NUM
cjal-9251	190	3	i	i	PRON
cjal-9251	190	4	d.	d.	PROPN
cjal-9251	190	5	at	at	ADP
cjal-9251	190	6	1091	1091	NUM
cjal-9251	190	7	-	-	SYM
cjal-9251	190	8	92	92	NUM
cjal-9251	190	9	.	.	NOUN
cjal-9251	190	10	2017	2017	NUM
cjal-9251	190	11	)	)	PUNCT
cjal-9251	190	12	engineering	engineer	VERB
cjal-9251	190	13	a	a	DET
cjal-9251	190	14	venture	venture	NOUN
cjal-9251	190	15	capital	capital	NOUN
cjal-9251	190	16	market	market	NOUN
cjal-9251	190	17	167	167	NUM
cjal-9251	190	18	specialized	specialized	ADJ
cjal-9251	190	19	financial	financial	ADJ
cjal-9251	190	20	intermediaries	intermediary	NOUN
cjal-9251	190	21	.	.	PUNCT
cjal-9251	191	1	in	in	ADP
cjal-9251	191	2	his	his	PRON
cjal-9251	191	3	view	view	NOUN
cjal-9251	191	4	,	,	PUNCT
cjal-9251	191	5	by	by	ADP
cjal-9251	191	6	providing	provide	VERB
cjal-9251	191	7	funding	funding	NOUN
cjal-9251	191	8	through	through	ADP
cjal-9251	191	9	the	the	DET
cjal-9251	191	10	right	right	ADJ
cjal-9251	191	11	contractual	contractual	ADJ
cjal-9251	191	12	vehicle	vehicle	NOUN
cjal-9251	191	13	,	,	PUNCT
cjal-9251	191	14	government	government	NOUN
cjal-9251	191	15	can	can	AUX
cjal-9251	191	16	encourage	encourage	VERB
cjal-9251	191	17	a	a	DET
cjal-9251	191	18	supply	supply	NOUN
cjal-9251	191	19	of	of	ADP
cjal-9251	191	20	entrepreneurs.44	entrepreneurs.44	NOUN
cjal-9251	191	21	international	international	ADJ
cjal-9251	191	22	experience	experience	NOUN
cjal-9251	191	23	reveals	reveal	VERB
cjal-9251	191	24	that	that	SCONJ
cjal-9251	191	25	resolving	resolve	VERB
cjal-9251	191	26	the	the	DET
cjal-9251	191	27	simultaneity	simultaneity	NOUN
cjal-9251	191	28	problem	problem	NOUN
cjal-9251	191	29	is	be	AUX
cjal-9251	191	30	not	not	PART
cjal-9251	191	31	an	an	DET
cjal-9251	191	32	easy	easy	ADJ
cjal-9251	191	33	task	task	NOUN
cjal-9251	191	34	.	.	PUNCT
cjal-9251	192	1	over	over	ADP
cjal-9251	192	2	recent	recent	ADJ
cjal-9251	192	3	years	year	NOUN
cjal-9251	192	4	,	,	PUNCT
cjal-9251	192	5	many	many	ADJ
cjal-9251	192	6	governments	government	NOUN
cjal-9251	192	7	have	have	AUX
cjal-9251	192	8	sought	seek	VERB
cjal-9251	192	9	to	to	PART
cjal-9251	192	10	engineer	engineer	VERB
cjal-9251	192	11	a	a	DET
cjal-9251	192	12	vc	vc	NOUN
cjal-9251	192	13	market	market	NOUN
cjal-9251	192	14	but	but	CCONJ
cjal-9251	192	15	have	have	AUX
cjal-9251	192	16	encountered	encounter	VERB
cjal-9251	192	17	difficulties	difficulty	NOUN
cjal-9251	192	18	to	to	ADP
cjal-9251	192	19	varying	vary	VERB
cjal-9251	192	20	extents	extent	NOUN
cjal-9251	192	21	.	.	PUNCT
cjal-9251	193	1	in	in	ADP
cjal-9251	193	2	germany	germany	PROPN
cjal-9251	193	3	,	,	PUNCT
cjal-9251	193	4	funding	funding	NOUN
cjal-9251	193	5	remains	remain	VERB
cjal-9251	193	6	the	the	DET
cjal-9251	193	7	major	major	ADJ
cjal-9251	193	8	issue	issue	NOUN
cjal-9251	193	9	for	for	ADP
cjal-9251	193	10	start	start	NOUN
cjal-9251	193	11	-	-	PUNCT
cjal-9251	193	12	ups	up	NOUN
cjal-9251	193	13	,	,	PUNCT
cjal-9251	193	14	and	and	CCONJ
cjal-9251	193	15	governmental	governmental	ADJ
cjal-9251	193	16	efforts	effort	NOUN
cjal-9251	193	17	at	at	ADP
cjal-9251	193	18	resolving	resolve	VERB
cjal-9251	193	19	the	the	DET
cjal-9251	193	20	issue	issue	NOUN
cjal-9251	193	21	have	have	AUX
cjal-9251	193	22	not	not	PART
cjal-9251	193	23	been	be	AUX
cjal-9251	193	24	sufficient	sufficient	ADJ
cjal-9251	193	25	.	.	PUNCT
cjal-9251	194	1	45	45	NUM
cjal-9251	194	2	germany	germany	PROPN
cjal-9251	194	3	's	's	PART
cjal-9251	194	4	deutsche	deutsche	PROPN
cjal-9251	194	5	w	w	PROPN
cjal-9251	194	6	agnisfinanzierungsgesellschaft	agnisfinanzierungsgesellschaft	PROPN
cjal-9251	194	7	(	(	PUNCT
cjal-9251	194	8	''	''	PUNCT
cjal-9251	194	9	wf	wf	PROPN
cjal-9251	194	10	g")46	g")46	NOUN
cjal-9251	194	11	proved	prove	VERB
cjal-9251	194	12	a	a	DET
cjal-9251	194	13	failure	failure	NOUN
cjal-9251	194	14	due	due	ADP
cjal-9251	194	15	to	to	ADP
cjal-9251	194	16	the	the	DET
cjal-9251	194	17	interference	interference	NOUN
cjal-9251	194	18	by	by	ADP
cjal-9251	194	19	the	the	DET
cjal-9251	194	20	government	government	NOUN
cjal-9251	194	21	:	:	PUNCT
cjal-9251	194	22	capital	capital	NOUN
cjal-9251	194	23	allocation	allocation	NOUN
cjal-9251	194	24	was	be	AUX
cjal-9251	194	25	determined	determine	VERB
cjal-9251	194	26	by	by	ADP
cjal-9251	194	27	wfg	wfg	NOUN
cjal-9251	194	28	's	's	PART
cjal-9251	194	29	board	board	NOUN
cjal-9251	194	30	committee	committee	NOUN
cjal-9251	194	31	,	,	PUNCT
cjal-9251	194	32	which	which	PRON
cjal-9251	194	33	was	be	AUX
cjal-9251	194	34	largely	largely	ADV
cjal-9251	194	35	comprised	comprise	VERB
cjal-9251	194	36	of	of	ADP
cjal-9251	194	37	bureaucrats	bureaucrat	NOUN
cjal-9251	194	38	.	.	PUNCT
cjal-9251	195	1	47	47	NUM
cjal-9251	195	2	it	it	PRON
cjal-9251	195	3	also	also	ADV
cjal-9251	195	4	failed	fail	VERB
cjal-9251	195	5	to	to	PART
cjal-9251	195	6	incentivize	incentivize	VERB
cjal-9251	195	7	venture	venture	NOUN
cjal-9251	195	8	capitalists	capitalist	NOUN
cjal-9251	195	9	to	to	PART
cjal-9251	195	10	choose	choose	VERB
cjal-9251	195	11	portfolio	portfolio	NOUN
cjal-9251	195	12	companies	company	NOUN
cjal-9251	195	13	because	because	SCONJ
cjal-9251	195	14	the	the	DET
cjal-9251	195	15	government	government	NOUN
cjal-9251	195	16	provided	provide	VERB
cjal-9251	195	17	a	a	DET
cjal-9251	195	18	guarantee	guarantee	NOUN
cjal-9251	195	19	and	and	CCONJ
cjal-9251	195	20	insured	insure	VERB
cjal-9251	195	21	up	up	ADP
cjal-9251	195	22	to	to	PART
cjal-9251	195	23	75	75	NUM
cjal-9251	195	24	%	%	NOUN
cjal-9251	195	25	of	of	ADP
cjal-9251	195	26	wfg	wfg	NOUN
cjal-9251	195	27	's	's	PART
cjal-9251	195	28	losses	loss	NOUN
cjal-9251	195	29	and	and	CCONJ
cjal-9251	195	30	because	because	SCONJ
cjal-9251	195	31	profits	profit	NOUN
cjal-9251	195	32	were	be	AUX
cjal-9251	195	33	limited	limit	VERB
cjal-9251	195	34	by	by	ADP
cjal-9251	195	35	the	the	DET
cjal-9251	195	36	entrepreneur	entrepreneur	NOUN
cjal-9251	195	37	's	's	PART
cjal-9251	195	38	call	call	NOUN
cjal-9251	195	39	option	option	NOUN
cjal-9251	195	40	.	.	PUNCT
cjal-9251	196	1	48	48	NUM
cjal-9251	196	2	further	far	ADV
cjal-9251	196	3	,	,	PUNCT
cjal-9251	196	4	wfg	wfg	NOUN
cjal-9251	196	5	personnel	personnel	NOUN
cjal-9251	196	6	were	be	AUX
cjal-9251	196	7	not	not	PART
cjal-9251	196	8	incentivized	incentivize	VERB
cjal-9251	196	9	to	to	PART
cjal-9251	196	10	provide	provide	VERB
cjal-9251	196	11	technological	technological	ADJ
cjal-9251	196	12	or	or	CCONJ
cjal-9251	196	13	management	management	NOUN
cjal-9251	196	14	assistance	assistance	NOUN
cjal-9251	196	15	to	to	ADP
cjal-9251	196	16	portfolio	portfolio	NOUN
cjal-9251	196	17	companies	company	NOUN
cjal-9251	196	18	because	because	SCONJ
cjal-9251	196	19	of	of	ADP
cjal-9251	196	20	the	the	DET
cjal-9251	196	21	restriction	restriction	NOUN
cjal-9251	196	22	of	of	ADP
cjal-9251	196	23	profits	profit	NOUN
cjal-9251	196	24	placed	place	VERB
cjal-9251	196	25	on	on	ADP
cjal-9251	196	26	wfg.49	wfg.49	PROPN
cjal-9251	196	27	the	the	DET
cjal-9251	196	28	indian	indian	ADJ
cjal-9251	196	29	government	government	NOUN
cjal-9251	196	30	has	have	AUX
cjal-9251	196	31	faced	face	VERB
cjal-9251	196	32	challenges	challenge	NOUN
cjal-9251	196	33	in	in	ADP
cjal-9251	196	34	ensuring	ensure	VERB
cjal-9251	196	35	the	the	DET
cjal-9251	196	36	availability	availability	NOUN
cjal-9251	196	37	of	of	ADP
cjal-9251	196	38	capital	capital	NOUN
cjal-9251	196	39	and	and	CCONJ
cjal-9251	196	40	specialized	specialized	ADJ
cjal-9251	196	41	financial	financial	ADJ
cjal-9251	196	42	intermediaries	intermediary	NOUN
cjal-9251	196	43	.	.	PUNCT
cjal-9251	197	1	although	although	SCONJ
cjal-9251	197	2	vc	vc	PROPN
cjal-9251	197	3	fund	fund	NOUN
cjal-9251	197	4	regulations	regulation	NOUN
cjal-9251	197	5	were	be	AUX
cjal-9251	197	6	enacted	enact	VERB
cjal-9251	197	7	in	in	ADP
cjal-9251	197	8	india	india	PROPN
cjal-9251	197	9	to	to	PART
cjal-9251	197	10	encourage	encourage	VERB
cjal-9251	197	11	the	the	DET
cjal-9251	197	12	funding	funding	NOUN
cjal-9251	197	13	of	of	ADP
cjal-9251	197	14	early	early	ADJ
cjal-9251	197	15	-	-	PUNCT
cjal-9251	197	16	stage	stage	NOUN
cjal-9251	197	17	companies	company	NOUN
cjal-9251	197	18	,	,	PUNCT
cjal-9251	197	19	this	this	DET
cjal-9251	197	20	goal	goal	NOUN
cjal-9251	197	21	has	have	AUX
cjal-9251	197	22	been	be	AUX
cjal-9251	197	23	compromised	compromise	VERB
cjal-9251	197	24	because	because	SCONJ
cjal-9251	197	25	vc	vc	PROPN
cjal-9251	197	26	funds	fund	NOUN
cjal-9251	197	27	have	have	AUX
cjal-9251	197	28	primarily	primarily	ADV
cjal-9251	197	29	been	be	AUX
cjal-9251	197	30	used	use	VERB
cjal-9251	197	31	as	as	ADP
cjal-9251	197	32	a	a	DET
cjal-9251	197	33	vehicle	vehicle	NOUN
cjal-9251	197	34	to	to	PART
cjal-9251	197	35	invest	invest	VERB
cjal-9251	197	36	in	in	ADP
cjal-9251	197	37	more	more	ADJ
cjal-9251	197	38	mature	mature	ADJ
cjal-9251	197	39	companies	company	NOUN
cjal-9251	197	40	,	,	PUNCT
cjal-9251	197	41	rather	rather	ADV
cjal-9251	197	42	than	than	ADP
cjal-9251	197	43	start	start	NOUN
cjal-9251	197	44	-	-	PUNCT
cjal-9251	197	45	ups	up	NOUN
cjal-9251	197	46	.	.	PUNCT
cjal-9251	198	1	50	50	NUM
cjal-9251	198	2	further	far	ADV
cjal-9251	198	3	,	,	PUNCT
cjal-9251	198	4	vc	vc	PROPN
cjal-9251	198	5	funds	fund	NOUN
cjal-9251	198	6	in	in	ADP
cjal-9251	198	7	india	india	PROPN
cjal-9251	198	8	are	be	AUX
cjal-9251	198	9	typically	typically	ADV
cjal-9251	198	10	organized	organize	VERB
cjal-9251	198	11	as	as	ADP
cjal-9251	198	12	trusts	trust	NOUN
cjal-9251	198	13	because	because	SCONJ
cjal-9251	198	14	the	the	DET
cjal-9251	198	15	limited	limited	ADJ
cjal-9251	198	16	partnership	partnership	NOUN
cjal-9251	198	17	vehicle	vehicle	NOUN
cjal-9251	198	18	is	be	AUX
cjal-9251	198	19	not	not	PART
cjal-9251	198	20	available	available	ADJ
cjal-9251	198	21	.	.	PUNCT
cjal-9251	199	1	51	51	NUM
cjal-9251	199	2	participants	participant	NOUN
cjal-9251	199	3	in	in	ADP
cjal-9251	199	4	the	the	DET
cjal-9251	199	5	indian	indian	ADJ
cjal-9251	199	6	vc	vc	PROPN
cjal-9251	199	7	market	market	NOUN
cjal-9251	199	8	are	be	AUX
cjal-9251	199	9	thus	thus	ADV
cjal-9251	199	10	unable	unable	ADJ
cjal-9251	199	11	to	to	PART
cjal-9251	199	12	••id.at	••id.at	ADP
cjal-9251	199	13	1102	1102	NUM
cjal-9251	199	14	-	-	SYM
cjal-9251	199	15	03	03	NUM
cjal-9251	199	16	.	.	PUNCT
cjal-9251	200	1	16	16	NUM
cjal-9251	200	2	martin	martin	PROPN
cjal-9251	200	3	selter	selter	NOUN
cjal-9251	200	4	&	&	CCONJ
cjal-9251	200	5	thomas	thomas	PROPN
cjal-9251	200	6	pruever	pruever	PROPN
cjal-9251	200	7	,	,	PUNCT
cjal-9251	200	8	liquidity	liquidity	NOUN
cjal-9251	200	9	meets	meet	VERB
cjal-9251	200	10	perspective	perspective	NOUN
cjal-9251	200	11	:	:	PUNCT
cjal-9251	200	12	venture	venture	NOUN
cjal-9251	200	13	capital	capital	NOUN
cjal-9251	200	14	and	and	CCONJ
cjal-9251	200	15	start	start	NOUN
cjal-9251	200	16	-	-	PUNCT
cjal-9251	200	17	ups	up	NOUN
cjal-9251	200	18	in	in	ADP
cjal-9251	200	19	germany	germany	PROPN
cjal-9251	200	20	36	36	NUM
cjal-9251	200	21	(	(	PUNCT
cjal-9251	200	22	vc	vc	PROPN
cjal-9251	200	23	trends	trend	NOUN
cjal-9251	200	24	initiative	initiative	NOUN
cjal-9251	200	25	by	by	ADP
cjal-9251	200	26	ey	ey	PRON
cjal-9251	200	27	2015	2015	NUM
cjal-9251	200	28	)	)	PUNCT
cjal-9251	200	29	http	http	PROPN
cjal-9251	200	30	s://go.ey.com/2tljvd8	s://go.ey.com/2tljvd8	PROPN
cjal-9251	200	31	.	.	PUNCT
cjal-9251	201	1	see	see	VERB
cjal-9251	201	2	also	also	ADV
cjal-9251	201	3	gilson	gilson	PROPN
cjal-9251	201	4	,	,	PUNCT
cjal-9251	201	5	supra	supra	PROPN
cjal-9251	201	6	note	note	PROPN
cjal-9251	201	7	1	1	NUM
cjal-9251	201	8	,	,	PUNCT
cjal-9251	201	9	at	at	ADP
cjal-9251	201	10	1094	1094	NUM
cjal-9251	201	11	-	-	SYM
cjal-9251	201	12	1097	1097	NUM
cjal-9251	201	13	.	.	PUNCT
cjal-9251	202	1	as	as	ADP
cjal-9251	202	2	of	of	ADP
cjal-9251	202	3	2013	2013	NUM
cjal-9251	202	4	,	,	PUNCT
cjal-9251	202	5	the	the	DET
cjal-9251	202	6	average	average	ADJ
cjal-9251	202	7	vc	vc	PROPN
cjal-9251	202	8	investment	investment	NOUN
cjal-9251	202	9	in	in	ADP
cjal-9251	202	10	germany	germany	PROPN
cjal-9251	202	11	stands	stand	VERB
cjal-9251	202	12	at	at	ADP
cjal-9251	202	13	merely	merely	ADV
cjal-9251	202	14	¤780,000	¤780,000	NUM
cjal-9251	202	15	,	,	PUNCT
cjal-9251	202	16	compared	compare	VERB
cjal-9251	202	17	to	to	ADP
cjal-9251	202	18	¤6	¤6	PROPN
cjal-9251	202	19	m	m	PROPN
cjal-9251	202	20	in	in	ADP
cjal-9251	202	21	america	america	PROPN
cjal-9251	202	22	.	.	PUNCT
cjal-9251	203	1	see	see	VERB
cjal-9251	203	2	a	a	DET
cjal-9251	203	3	slow	slow	ADJ
cjal-9251	203	4	climb	climb	NOUN
cjal-9251	203	5	,	,	PUNCT
cjal-9251	203	6	the	the	DET
cjal-9251	203	7	economist	economist	NOUN
cjal-9251	203	8	(	(	PUNCT
cjal-9251	203	9	oct	oct	PROPN
cjal-9251	203	10	.	.	PROPN
cjal-9251	203	11	15	15	NUM
cjal-9251	203	12	,	,	PUNCT
cjal-9251	203	13	2013	2013	NUM
cjal-9251	203	14	)	)	PUNCT
cjal-9251	203	15	,	,	PUNCT
cjal-9251	203	16	http://econ.st/lsyydea	http://econ.st/lsyydea	X
cjal-9251	203	17	.	.	PUNCT
cjal-9251	204	1	•6	•6	PROPN
cjal-9251	204	2	deutsche	deutsche	X
cjal-9251	204	3	wagnisfinanzierungsgesellschaft	wagnisfinanzierungsgesellschaft	NOUN
cjal-9251	204	4	"	"	PUNCT
cjal-9251	204	5	translates	translate	VERB
cjal-9251	204	6	roughly	roughly	ADV
cjal-9251	204	7	to	to	ADP
cjal-9251	204	8	'	'	PUNCT
cjal-9251	204	9	german	german	ADJ
cjal-9251	204	10	venture	venture	NOUN
cjal-9251	204	11	financing	financing	NOUN
cjal-9251	204	12	fund	fund	NOUN
cjal-9251	204	13	.	.	PUNCT
cjal-9251	204	14	"	"	PUNCT
cjal-9251	205	1	gilson	gilson	PROPN
cjal-9251	205	2	,	,	PUNCT
cjal-9251	205	3	supra	supra	PROPN
cjal-9251	205	4	note	note	VERB
cjal-9251	206	1	i	i	PRON
cjal-9251	206	2	,	,	PUNCT
cjal-9251	206	3	at	at	ADP
cjal-9251	206	4	1094	1094	NUM
cjal-9251	206	5	n.66	n.66	NOUN
cjal-9251	206	6	(	(	PUNCT
cjal-9251	206	7	citing	cite	VERB
cjal-9251	206	8	ralf	ralf	PROPN
cjal-9251	206	9	becker	becker	PROPN
cjal-9251	206	10	&	&	CCONJ
cjal-9251	206	11	thomas	thomas	PROPN
cjal-9251	206	12	hellmann	hellmann	PROPN
cjal-9251	206	13	,	,	PUNCT
cjal-9251	206	14	the	the	DET
cjal-9251	206	15	genesis	genesis	NOUN
cjal-9251	206	16	of	of	ADP
cjal-9251	206	17	venture	venture	NOUN
cjal-9251	206	18	capital	capital	NOUN
cjal-9251	206	19	:	:	PUNCT
cjal-9251	206	20	lessons	lesson	NOUN
cjal-9251	206	21	from	from	ADP
cjal-9251	206	22	the	the	DET
cjal-9251	206	23	german	german	ADJ
cjal-9251	206	24	experience	experience	NOUN
cjal-9251	206	25	,	,	PUNCT
cjal-9251	206	26	in	in	ADP
cjal-9251	206	27	ve~"ture	ve~"ture	NOUN
cjal-9251	206	28	capital	capital	NOUN
cjal-9251	206	29	,	,	PUNCT
cjal-9251	206	30	entrepreneurship	entrepreneurship	NOUN
cjal-9251	206	31	,	,	PUNCT
cjal-9251	206	32	and	and	CCONJ
cjal-9251	206	33	public	public	ADJ
cjal-9251	206	34	policy	policy	NOUN
cjal-9251	206	35	33	33	NUM
cjal-9251	206	36	(	(	PUNCT
cjal-9251	206	37	vesa	vesa	PROPN
cjal-9251	206	38	kanniainen	kanniainen	PROPN
cjal-9251	206	39	&	&	CCONJ
cjal-9251	206	40	christia	christia	PROPN
cjal-9251	206	41	n	n	PROPN
cjal-9251	206	42	keuschnigg	keuschnigg	PROPN
cjal-9251	206	43	eds	ed	NOUN
cjal-9251	206	44	.	.	PROPN
cjal-9251	206	45	,	,	PUNCT
cjal-9251	206	46	2005	2005	NUM
cjal-9251	206	47	)	)	PUNCT
cjal-9251	206	48	)	)	PUNCT
cjal-9251	206	49	.	.	PUNCT
cjal-9251	207	1	•	•	NOUN
cjal-9251	207	2	7	7	NUM
cjal-9251	207	3	see	see	VERB
cjal-9251	207	4	i	i	PRON
cjal-9251	207	5	d.	d.	PROPN
cjal-9251	207	6	at	at	ADP
cjal-9251	207	7	1094	1094	NUM
cjal-9251	207	8	-	-	SYM
cjal-9251	207	9	97	97	NUM
cjal-9251	207	10	.	.	PUNCT
cjal-9251	207	11	,	,	PUNCT
cjal-9251	207	12	t	t	PROPN
cjal-9251	207	13	/	/	SYM
cjal-9251	207	14	jid	jid	PROPN
cjal-9251	207	15	.	.	PUNCT
cjal-9251	208	1	i	i	PRON
cjal-9251	208	2	d.	d.	PROPN
cjal-9251	208	3	see	see	VERB
cjal-9251	208	4	also	also	ADV
cjal-9251	208	5	ralf	ralf	PROPN
cjal-9251	208	6	becker	becker	PROPN
cjal-9251	208	7	&	&	CCONJ
cjal-9251	208	8	thomas	thomas	PROPN
cjal-9251	208	9	hellmann	hellmann	PROPN
cjal-9251	208	10	,	,	PUNCT
cjal-9251	208	11	the	the	DET
cjal-9251	208	12	genesis	genesis	NOUN
cjal-9251	208	13	of	of	ADP
cjal-9251	208	14	venture	venture	NOUN
cjal-9251	208	15	capital	capital	NOUN
cjal-9251	208	16	·	·	PUNCT
cjal-9251	208	17	lessons	lesson	NOUN
cjal-9251	208	18	from	from	ADP
cjal-9251	208	19	the	the	DET
cjal-9251	208	20	german	german	ADJ
cjal-9251	208	21	experience	experience	NOUN
cjal-9251	208	22	,	,	PUNCT
cjal-9251	208	23	in	in	ADP
cjal-9251	208	24	venture	venture	NOUN
cjal-9251	208	25	capital	capital	NOUN
cjal-9251	208	26	,	,	PUNCT
cjal-9251	208	27	entrepreneurship	entrepreneurship	NOUN
cjal-9251	208	28	,	,	PUNCT
cjal-9251	208	29	and	and	CCONJ
cjal-9251	208	30	public	public	ADJ
cjal-9251	208	31	policy	policy	NOUN
cjal-9251	208	32	33	33	NUM
cjal-9251	208	33	(	(	PUNCT
cjal-9251	208	34	vesa	vesa	PROPN
cjal-9251	208	35	kanniainen	kanniainen	PROPN
cjal-9251	208	36	&	&	CCONJ
cjal-9251	208	37	christian	christian	PROPN
cjal-9251	208	38	keuschnigg	keuschnigg	PROPN
cjal-9251	208	39	eds	eds	PROPN
cjal-9251	208	40	.	.	PROPN
cjal-9251	208	41	,	,	PUNCT
cjal-9251	208	42	2005	2005	NUM
cjal-9251	208	43	)	)	PUNCT
cjal-9251	208	44	.	.	PUNCT
cjal-9251	209	1	oo	oo	INTJ
cjal-9251	209	2	akil	akil	PROPN
cjal-9251	209	3	hirani	hirani	PROPN
cjal-9251	209	4	,	,	PUNCT
cjal-9251	209	5	india	india	PROPN
cjal-9251	209	6	,	,	PUNCT
cjal-9251	209	7	in	in	ADP
cjal-9251	209	8	global	global	ADJ
cjal-9251	209	9	venture	venture	NOUN
cjal-9251	209	10	capital	capital	NOUN
cjal-9251	209	11	transactions	transaction	NOUN
cjal-9251	209	12	:	:	PUNCT
cjal-9251	209	13	a	a	DET
cjal-9251	209	14	practical	practical	ADJ
cjal-9251	209	15	approach	approach	NOUN
cjal-9251	209	16	229	229	NUM
cjal-9251	209	17	(	(	PUNCT
cjal-9251	209	18	beat	beat	VERB
cjal-9251	209	19	brechubul	brechubul	PROPN
cjal-9251	209	20	&	&	CCONJ
cjal-9251	209	21	robert	robert	PROPN
cjal-9251	209	22	j.	j.	PROPN
cjal-9251	209	23	wooder	wooder	PROPN
cjal-9251	209	24	eds	eds	PROPN
cjal-9251	209	25	.	.	PROPN
cjal-9251	209	26	,	,	PUNCT
cjal-9251	209	27	2004	2004	NUM
cjal-9251	209	28	)	)	PUNCT
cjal-9251	209	29	.	.	PUNCT
cjal-9251	210	1	01	01	NUM
cjal-9251	210	2	abhinav	abhinav	PROPN
cjal-9251	210	3	surana	surana	PROPN
cjal-9251	210	4	&	&	CCONJ
cjal-9251	210	5	apurva	apurva	PROPN
cjal-9251	210	6	kanvinde	kanvinde	PROPN
cjal-9251	210	7	,	,	PUNCT
cjal-9251	210	8	private	private	ADJ
cjal-9251	210	9	equity	equity	NOUN
cjal-9251	210	10	in	in	ADP
cjal-9251	210	11	india	india	PROPN
cjal-9251	210	12	:	:	PUNCT
cjal-9251	210	13	market	market	NOUN
cjal-9251	210	14	and	and	CCONJ
cjal-9251	210	15	regulatory	regulatory	ADJ
cjal-9251	210	16	review	review	NOUN
cjal-9251	210	17	,	,	PUNCT
cjal-9251	210	18	westlaw	westlaw	PROPN
cjal-9251	210	19	united	united	ADJ
cjal-9251	210	20	kingdom	kingdom	PROPN
cjal-9251	210	21	,	,	PUNCT
cjal-9251	210	22	http	http	ADJ
cjal-9251	210	23	:	:	PUNCT
cjal-9251	210	24	//t	//t	PUNCT
cjal-9251	210	25	msnrt	msnrt	NOUN
cjal-9251	210	26	.rs/2tlkuot	.rs/2tlkuot	PUNCT
cjal-9251	211	1	(	(	PUNCT
cjal-9251	211	2	last	last	ADJ
cjal-9251	211	3	updated	update	VERB
cjal-9251	211	4	nov	nov	PROPN
cjal-9251	211	5	.	.	PROPN
cjal-9251	211	6	1	1	NUM
cjal-9251	211	7	,	,	PUNCT
cjal-9251	211	8	2016	2016	NUM
cjal-9251	211	9	)	)	PUNCT
cjal-9251	211	10	.	.	PUNCT
cjal-9251	212	1	168	168	NUM
cjal-9251	212	2	columbia	columbia	PROPN
cjal-9251	212	3	journal	journal	PROPN
cjal-9251	212	4	of	of	ADP
cjal-9251	212	5	asias	asias	PROPN
cjal-9251	212	6	law	law	NOUN
cjal-9251	213	1	[	[	X
cjal-9251	213	2	vol	vol	NOUN
cjal-9251	213	3	.	.	PUNCT
cjal-9251	213	4	30:160	30:160	NUM
cjal-9251	213	5	take	take	VERB
cjal-9251	213	6	advantage	advantage	NOUN
cjal-9251	213	7	of	of	ADP
cjal-9251	213	8	the	the	DET
cjal-9251	213	9	efficient	efficient	ADJ
cjal-9251	213	10	contracting	contracting	NOUN
cjal-9251	213	11	structure	structure	NOUN
cjal-9251	213	12	for	for	ADP
cjal-9251	213	13	specialized	specialized	ADJ
cjal-9251	213	14	financial	financial	ADJ
cjal-9251	213	15	intermediaries	intermediary	NOUN
cjal-9251	213	16	prevalent	prevalent	ADJ
cjal-9251	213	17	in	in	ADP
cjal-9251	213	18	the	the	DET
cjal-9251	213	19	u.s	u.s	PROPN
cjal-9251	213	20	.	.	PROPN
cjal-9251	213	21	while	while	SCONJ
cjal-9251	213	22	the	the	DET
cjal-9251	213	23	government	government	NOUN
cjal-9251	213	24	of	of	ADP
cjal-9251	213	25	singapore	singapore	PROPN
cjal-9251	213	26	has	have	AUX
cjal-9251	213	27	enhanced	enhance	VERB
cjal-9251	213	28	the	the	DET
cjal-9251	213	29	availability	availability	NOUN
cjal-9251	213	30	of	of	ADP
cjal-9251	213	31	funding	funding	NOUN
cjal-9251	213	32	for	for	ADP
cjal-9251	213	33	start	start	NOUN
cjal-9251	213	34	-	-	PUNCT
cjal-9251	213	35	ups	up	NOUN
cjal-9251	213	36	through	through	ADP
cjal-9251	213	37	various	various	ADJ
cjal-9251	213	38	programs	program	NOUN
cjal-9251	213	39	and	and	CCONJ
cjal-9251	213	40	introduced	introduce	VERB
cjal-9251	213	41	the	the	DET
cjal-9251	213	42	limited	limited	ADJ
cjal-9251	213	43	partnership	partnership	NOUN
cjal-9251	213	44	to	to	PART
cjal-9251	213	45	provide	provide	VERB
cjal-9251	213	46	a	a	DET
cjal-9251	213	47	new	new	ADJ
cjal-9251	213	48	business	business	NOUN
cjal-9251	213	49	vehicle	vehicle	NOUN
cjal-9251	213	50	for	for	ADP
cjal-9251	213	51	venture	venture	NOUN
cjal-9251	213	52	capitalists	capitalist	NOUN
cjal-9251	213	53	and	and	CCONJ
cjal-9251	213	54	investors	investor	NOUN
cjal-9251	213	55	,	,	PUNCT
cjal-9251	213	56	concerns	concern	NOUN
cjal-9251	213	57	have	have	AUX
cjal-9251	213	58	been	be	AUX
cjal-9251	213	59	raised	raise	VERB
cjal-9251	213	60	about	about	ADP
cjal-9251	213	61	the	the	DET
cjal-9251	213	62	government	government	NOUN
cjal-9251	213	63	's	's	PART
cjal-9251	213	64	significant	significant	ADJ
cjal-9251	213	65	role	role	NOUN
cjal-9251	213	66	in	in	ADP
cjal-9251	213	67	the	the	DET
cjal-9251	213	68	capital	capital	NOUN
cjal-9251	213	69	allocation	allocation	NOUN
cjal-9251	213	70	procet>!--.62	procet>!--.62	NOUN
cjal-9251	213	71	the	the	DET
cjal-9251	213	72	imposition	imposition	NOUN
cjal-9251	213	73	of	of	ADP
cjal-9251	213	74	various	various	ADJ
cjal-9251	213	75	eligibility	eligibility	NOUN
cjal-9251	213	76	requirements	requirement	NOUN
cjal-9251	213	77	on	on	ADP
cjal-9251	213	78	the	the	DET
cjal-9251	213	79	entrepreneurs	entrepreneur	NOUN
cjal-9251	213	80	,	,	PUNCT
cjal-9251	213	81	types	type	NOUN
cjal-9251	213	82	of	of	ADP
cjal-9251	213	83	portfolio	portfolio	NOUN
cjal-9251	213	84	companies	company	NOUN
cjal-9251	213	85	,	,	PUNCT
cjal-9251	213	86	and	and	CCONJ
cjal-9251	213	87	industries	industry	NOUN
cjal-9251	213	88	may	may	AUX
cjal-9251	213	89	dampen	dampen	VERB
cjal-9251	213	90	incentives	incentive	NOUN
cjal-9251	213	91	for	for	ADP
cjal-9251	213	92	participants	participant	NOUN
cjal-9251	213	93	in	in	ADP
cjal-9251	213	94	the	the	DET
cjal-9251	213	95	vc	vc	PROPN
cjal-9251	213	96	market	market	NOUN
cjal-9251	213	97	.	.	PUNCT
cjal-9251	214	1	53	53	NUM
cjal-9251	214	2	there	there	PRON
cjal-9251	214	3	is	be	VERB
cjal-9251	214	4	also	also	ADV
cjal-9251	214	5	a	a	DET
cjal-9251	214	6	"	"	PUNCT
cjal-9251	214	7	lack	lack	NOUN
cjal-9251	214	8	of	of	ADP
cjal-9251	214	9	a	a	DET
cjal-9251	214	10	large	large	ADJ
cjal-9251	214	11	ba	ba	PROPN
cjal-9251	214	12	~	~	SYM
cjal-9251	214	13	e	e	PROPN
cjal-9251	214	14	of	of	ADP
cjal-9251	214	15	entrepreneurs	entrepreneur	NOUN
cjal-9251	214	16	"	"	PUNCT
cjal-9251	214	17	due	due	ADP
cjal-9251	214	18	to	to	ADP
cjal-9251	214	19	the	the	DET
cjal-9251	214	20	perceived	perceive	VERB
cjal-9251	214	21	high	high	ADJ
cjal-9251	214	22	opportunity	opportunity	NOUN
cjal-9251	214	23	costs	cost	NOUN
cjal-9251	214	24	of	of	ADP
cjal-9251	214	25	becoming	become	VERB
cjal-9251	214	26	an	an	DET
cjal-9251	214	27	entrepreneur	entrepreneur	NOUN
cjal-9251	214	28	in	in	ADP
cjal-9251	214	29	singapore	singapore	PROPN
cjal-9251	214	30	.	.	PUNCT
cjal-9251	215	1	54	54	NUM
cjal-9251	215	2	nevertheless	nevertheless	ADV
cjal-9251	215	3	,	,	PUNCT
cjal-9251	215	4	some	some	DET
cjal-9251	215	5	government	government	NOUN
cjal-9251	215	6	programs	program	NOUN
cjal-9251	215	7	,	,	PUNCT
cjal-9251	215	8	such	such	ADJ
cjal-9251	215	9	as	as	ADP
cjal-9251	215	10	the	the	DET
cjal-9251	215	11	israeli	israeli	ADJ
cjal-9251	215	12	yozma	yozma	PROPN
cjal-9251	215	13	program	program	NOUN
cjal-9251	215	14	and	and	CCONJ
cjal-9251	215	15	the	the	DET
cjal-9251	215	16	chilean	chilean	ADJ
cjal-9251	215	17	corporation	corporation	NOUN
cjal-9251	215	18	for	for	ADP
cjal-9251	215	19	the	the	DET
cjal-9251	215	20	incentive	incentive	NOUN
cjal-9251	215	21	of	of	ADP
cjal-9251	215	22	production	production	NOUN
cjal-9251	215	23	(	(	PUNCT
cjal-9251	215	24	"	"	PUNCT
cjal-9251	215	25	corfu	corfu	PROPN
cjal-9251	215	26	'	'	PART
cjal-9251	215	27	)	)	PUNCT
cjal-9251	215	28	program	program	NOUN
cjal-9251	215	29	,	,	PUNCT
cjal-9251	215	30	have	have	AUX
cjal-9251	215	31	achieved	achieve	VERB
cjal-9251	215	32	a	a	DET
cjal-9251	215	33	certain	certain	ADJ
cjal-9251	215	34	degree	degree	NOUN
cjal-9251	215	35	of	of	ADP
cjal-9251	215	36	success.55	success.55	NOUN
cjal-9251	215	37	these	these	DET
cjal-9251	215	38	successes	success	NOUN
cjal-9251	215	39	highlight	highlight	VERB
cjal-9251	215	40	the	the	DET
cjal-9251	215	41	shortcomings	shortcoming	NOUN
cjal-9251	215	42	of	of	ADP
cjal-9251	215	43	other	other	ADJ
cjal-9251	215	44	countries	country	NOUN
cjal-9251	215	45	and	and	CCONJ
cjal-9251	215	46	are	be	AUX
cjal-9251	215	47	consistent	consistent	ADJ
cjal-9251	215	48	with	with	ADP
cjal-9251	215	49	the	the	DET
cjal-9251	215	50	success	success	NOUN
cjal-9251	215	51	of	of	ADP
cjal-9251	215	52	the	the	DET
cjal-9251	215	53	chinese	chinese	ADJ
cjal-9251	215	54	government	government	NOUN
cjal-9251	215	55	's	's	PART
cjal-9251	215	56	efforts	effort	NOUN
cjal-9251	215	57	.	.	PUNCT
cjal-9251	216	1	for	for	ADP
cjal-9251	216	2	example	example	NOUN
cjal-9251	216	3	,	,	PUNCT
cjal-9251	216	4	the	the	DET
cjal-9251	216	5	israeli	israeli	ADJ
cjal-9251	216	6	yozma	yozma	PROPN
cjal-9251	216	7	program	program	NOUN
cjal-9251	216	8	did	do	AUX
cjal-9251	216	9	not	not	PART
cjal-9251	216	10	make	make	VERB
cjal-9251	216	11	investment	investment	NOUN
cjal-9251	216	12	decisions	decision	NOUN
cjal-9251	216	13	and	and	CCONJ
cjal-9251	216	14	provided	provide	VERB
cjal-9251	216	15	no	no	DET
cjal-9251	216	16	guarantee	guarantee	NOUN
cjal-9251	216	17	against	against	ADP
cjal-9251	216	18	loss	loss	NOUN
cjal-9251	216	19	.	.	PUNCT
cjal-9251	217	1	56	56	NUM
cjal-9251	217	2	these	these	DET
cjal-9251	217	3	investments	investment	NOUN
cjal-9251	217	4	were	be	AUX
cjal-9251	217	5	made	make	VERB
cjal-9251	217	6	by	by	ADP
cjal-9251	217	7	highly	highly	ADV
cjal-9251	217	8	incentivized	incentivize	VERB
cjal-9251	217	9	private	private	ADJ
cjal-9251	217	10	fund	fund	NOUN
cjal-9251	217	11	managers	manager	NOUN
cjal-9251	217	12	who	who	PRON
cjal-9251	217	13	bore	bear	VERB
cjal-9251	217	14	the	the	DET
cjal-9251	217	15	inve	inve	ADJ
cjal-9251	217	16	stme	stme	NOUN
cjal-9251	217	17	nt	not	PART
cjal-9251	217	18	'	'	PUNCT
cjal-9251	217	19	s	s	PART
cjal-9251	217	20	risk	risk	NOUN
cjal-9251	217	21	and	and	CCONJ
cjal-9251	217	22	po	po	NOUN
cjal-9251	218	1	~	~	VERB
cjal-9251	218	2	sessed	sesse	VERB
cjal-9251	218	3	the	the	DET
cjal-9251	218	4	control	control	NOUN
cjal-9251	218	5	rights	right	NOUN
cjal-9251	218	6	to	to	PART
cjal-9251	218	7	directly	directly	ADV
cjal-9251	218	8	monitor	monitor	VERB
cjal-9251	218	9	the	the	DET
cjal-9251	218	10	portfolio	portfolio	NOUN
cjal-9251	218	11	companies	company	NOUN
cjal-9251	218	12	.	.	PUNCT
cjal-9251	219	1	57	57	NUM
cjal-9251	219	2	vc	vc	NOUN
cjal-9251	219	3	has	have	AUX
cjal-9251	219	4	had	have	VERB
cjal-9251	219	5	a	a	DET
cjal-9251	219	6	much	much	ADV
cjal-9251	219	7	shorter	short	ADJ
cjal-9251	219	8	history	history	NOUN
cjal-9251	219	9	in	in	ADP
cjal-9251	219	10	china	china	PROPN
cjal-9251	219	11	than	than	ADP
cjal-9251	219	12	in	in	ADP
cjal-9251	219	13	the	the	DET
cjal-9251	219	14	c.s	c.s	PROPN
cjal-9251	219	15	.	.	PROPN
cjal-9251	219	16	58	58	NUM
cjal-9251	219	17	the	the	DET
cjal-9251	219	18	concept	concept	NOUN
cjal-9251	219	19	of	of	ADP
cjal-9251	219	20	vc	vc	PROPN
cjal-9251	219	21	was	be	AUX
cjal-9251	219	22	first	first	ADV
cjal-9251	219	23	officially	officially	ADV
cjal-9251	219	24	introduced	introduce	VERB
cjal-9251	219	25	in	in	ADP
cjal-9251	219	26	china	china	PROPN
cjal-9251	219	27	in	in	ADP
cjal-9251	219	28	1985	1985	NUM
cjal-9251	219	29	in	in	ADP
cjal-9251	219	30	the	the	DET
cjal-9251	219	31	central	central	ADJ
cjal-9251	219	32	government	government	NOUN
cjal-9251	219	33	's	's	PART
cjal-9251	219	34	decision	decision	NOUN
cjal-9251	219	35	to	to	PART
cjal-9251	219	36	reform	reform	VERB
cjal-9251	219	37	the	the	DET
cjal-9251	219	38	science	science	NOUN
cjal-9251	219	39	and	and	CCONJ
cjal-9251	219	40	technologj	technologj	NOUN
cjal-9251	219	41	system	system	NOUN
cjal-9251	219	42	.	.	PUNCT
cjal-9251	220	1	59	59	NUM
cjal-9251	220	2	the	the	DET
cjal-9251	220	3	industry	industry	NOUN
cjal-9251	220	4	only	only	ADV
cjal-9251	220	5	began	begin	VERB
cjal-9251	220	6	to	to	PART
cjal-9251	220	7	emerge	emerge	VERB
cjal-9251	220	8	in	in	ADP
cjal-9251	220	9	the	the	DET
cjal-9251	220	10	same	same	ADJ
cjal-9251	220	11	year	year	NOUN
cjal-9251	220	12	when	when	SCONJ
cjal-9251	220	13	the	the	DET
cjal-9251	220	14	first	first	ADJ
cjal-9251	220	15	vc	vc	NOUN
cjal-9251	220	16	firm	firm	NOUN
cjal-9251	220	17	,	,	PUNCT
cjal-9251	220	18	the	the	DET
cjal-9251	220	19	china	china	PROPN
cjal-9251	220	20	new	new	PROPN
cjal-9251	220	21	technology	technology	PROPN
cjal-9251	220	22	venture	venture	NOUN
cjal-9251	220	23	capital	capital	NOUN
cjal-9251	220	24	company	company	NOUN
cjal-9251	220	25	(	(	PUNCT
cjal-9251	220	26	zhongguo	zhongguo	PROPN
cjal-9251	220	27	xinjishu	xinjishu	PROPN
cjal-9251	220	28	chuangye	chuangye	PROPN
cjal-9251	221	1	touzi	touzi	PROPN
cjal-9251	221	2	gongsi	gongsi	PROPN
cjal-9251	221	3	)	)	PUNCT
cjal-9251	221	4	was	be	AUX
cjal-9251	221	5	set	set	VERB
cjal-9251	221	6	up	up	ADP
cjal-9251	221	7	as	as	ADP
cjal-9251	221	8	a	a	DET
cjal-9251	221	9	governmentinitiated	governmentinitiate	VERB
cjal-9251	221	10	project	project	NOUN
cjal-9251	221	11	.	.	PUNCT
cjal-9251	222	1	60	60	NUM
cjal-9251	222	2	prior	prior	ADV
cjal-9251	222	3	to	to	ADP
cjal-9251	222	4	that	that	PRON
cjal-9251	222	5	,	,	PUNCT
cjal-9251	222	6	and	and	CCONJ
cjal-9251	222	7	before	before	ADP
cjal-9251	222	8	the	the	DET
cjal-9251	222	9	launch	launch	NOUN
cjal-9251	222	10	of	of	ADP
cjal-9251	222	11	the	the	DET
cjal-9251	222	12	open	open	ADJ
cjal-9251	222	13	-	-	PUNCT
cjal-9251	222	14	door	door	NOUN
cjal-9251	222	15	52	52	NUM
cjal-9251	222	16	newley	newley	NOUN
cjal-9251	222	17	purnell	purnell	PROPN
cjal-9251	222	18	,	,	PUNCT
cjal-9251	222	19	singapore	singapore	PROPN
cjal-9251	222	20	aims	aim	VERB
cjal-9251	222	21	to	to	PART
cjal-9251	222	22	become	become	VERB
cjal-9251	222	23	southeast	southeast	PROPN
cjal-9251	222	24	asia	asia	PROPN
cjal-9251	222	25	's	's	PART
cjal-9251	222	26	silicon	silicon	NOUN
cjal-9251	222	27	valley	valley	NOUN
cjal-9251	222	28	,	,	PUNCT
cjal-9251	222	29	\\	\\	NOUN
cjal-9251	222	30	'	'	PUNCT
cjal-9251	222	31	.	.	PUNCT
cjal-9251	223	1	.\ll	.\ll	PROPN
cjal-9251	223	2	st	st	PROPN
cjal-9251	223	3	.	.	PROPN
cjal-9251	223	4	j.	j.	PROPN
cjal-9251	224	1	(	(	PUNCT
cjal-9251	224	2	feb	feb	PROPN
cjal-9251	224	3	.	.	PROPN
cjal-9251	224	4	26	26	NUM
cjal-9251	224	5	,	,	PUNCT
cjal-9251	224	6	2014	2014	NUM
cjal-9251	224	7	)	)	PUNCT
cjal-9251	224	8	,	,	PUNCT
cjal-9251	224	9	http://on.wsj.com/llca35s	http://on.wsj.com/llca35s	PROPN
cjal-9251	224	10	.	.	PUNCT
cjal-9251	224	11	.	.	PUNCT
cjal-9251	225	1	•	•	NOUN
cjal-9251	225	2	53	53	NUM
cjal-9251	225	3	see	see	VERB
cjal-9251	225	4	i	i	PRON
cjal-9251	225	5	d.	d.	PROPN
cjal-9251	225	6	see	see	AUX
cjal-9251	225	7	also	also	ADV
cjal-9251	225	8	interview	interview	VERB
cjal-9251	225	9	with	with	ADP
cjal-9251	225	10	mr	mr	PROPN
cjal-9251	225	11	.	.	PROPN
cjal-9251	225	12	k	k	PROPN
cjal-9251	225	13	,	,	PUNCT
cjal-9251	225	14	company	company	NOUN
cjal-9251	225	15	founder	founder	NOUN
cjal-9251	225	16	of	of	ADP
cjal-9251	225	17	a	a	DET
cjal-9251	225	18	smgaporean	smgaporean	ADJ
cjal-9251	225	19	start	start	VERB
cjal-9251	225	20	-	-	PUNCT
cjal-9251	225	21	up	up	NOUN
cjal-9251	225	22	,	,	PUNCT
cjal-9251	225	23	lo	lo	PROPN
cjal-9251	225	24	smgapore	smgapore	NOUN
cjal-9251	225	25	(	(	PUNCT
cjal-9251	225	26	sept	sept	PROPN
cjal-9251	225	27	.	.	PROPN
cjal-9251	225	28	9	9	NUM
cjal-9251	225	29	,	,	PUNCT
cjal-9251	225	30	2016	2016	NUM
cjal-9251	225	31	)	)	PUNCT
cjal-9251	225	32	.	.	PUNCT
cjal-9251	226	1	,	,	PUNCT
cjal-9251	226	2	.	.	PUNCT
cjal-9251	226	3	,	,	PUNCT
cjal-9251	226	4	.	.	PUNCT
cjal-9251	227	1	wi	wi	PROPN
cjal-9251	227	2	~	~	PROPN
cjal-9251	227	3	ston	ston	PROPN
cjal-9251	227	4	t.h	t.h	PROPN
cjal-9251	227	5	.	.	PROPN
cjal-9251	227	6	koh	koh	PROPN
cjal-9251	227	7	&	&	CCONJ
cjal-9251	227	8	p	p	X
cjal-9251	227	9	~	~	PROPN
cjal-9251	227	10	h	h	PROPN
cjal-9251	227	11	kam	kam	PROPN
cjal-9251	227	12	wong	wong	PROPN
cjal-9251	227	13	,	,	PUNCT
cjal-9251	227	14	the	the	DET
cjal-9251	227	15	venture	venture	NOUN
cjal-9251	227	16	capital	capital	NOUN
cjal-9251	227	17	indu	indu	NOUN
cjal-9251	227	18	stl	stl	PROPN
cjal-9251	227	19	)	)	PUNCT
cjal-9251	227	20	·	·	PUNCT
cjal-9251	227	21	in	in	ADP
cjal-9251	227	22	singapore	singapore	PROPN
cjal-9251	227	23	:	:	PUNCT
cjal-9251	227	24	a	a	DET
cjal-9251	227	25	cor	cor	PROPN
cjal-9251	227	26	~	~	NOUN
cjal-9251	227	27	par?tiue	par?tiue	NOUN
cjal-9251	227	28	study	study	NOUN
cjal-9251	227	29	with	with	ADP
cjal-9251	227	30	taiwan	taiwan	PROPN
cjal-9251	227	31	and	and	CCONJ
cjal-9251	227	32	isr	isr	PROPN
cjal-9251	227	33	ael	ael	PROPN
cjal-9251	227	34	on	on	ADP
cjal-9251	227	35	the	the	DET
cjal-9251	227	36	got	get	VERB
cjal-9251	227	37	·	·	SYM
cjal-9251	227	38	ernment	ernment	NOUN
cjal-9251	227	39	's	's	PART
cjal-9251	227	40	role	role	NOUN
cjal-9251	227	41	25	25	NUM
cjal-9251	227	42	(	(	PUNCT
cjal-9251	227	43	national	national	ADJ
cjal-9251	227	44	uruvers1ty	uruvers1ty	NOUN
cjal-9251	227	45	of	of	ADP
cjal-9251	227	46	smgapore	smgapore	NOUN
cjal-9251	227	47	entrepreneurship	entrepreneurship	NOUN
cjal-9251	227	48	centre	centre	NOUN
cjal-9251	227	49	workin	workin	ADJ
cjal-9251	227	50	p	p	PROPN
cjal-9251	227	51	p	p	PROPN
cjal-9251	227	52	n	n	X
cjal-9251	227	53	\\'p200	\\'p200	NOUN
cjal-9251	227	54	-	-	SYM
cjal-9251	227	55	09	09	NUM
cjal-9251	227	56	2005	2005	NUM
cjal-9251	227	57	)	)	PUNCT
cjal-9251	227	58	,	,	PUNCT
cjal-9251	227	59	http://bit.ly/2tqafvf	http://bit.ly/2tqafvf	PUNCT
cjal-9251	227	60	.	.	PUNCT
cjal-9251	228	1	g	g	NOUN
cjal-9251	228	2	apers	aper	NOUN
cjal-9251	228	3	,	,	PUNCT
cjal-9251	228	4	aper	aper	X
cjal-9251	228	5	•	•	NOUN
cjal-9251	228	6	o.	o.	INTJ
cjal-9251	228	7	.	.	PUNCT
cjal-9251	228	8	>	>	X
cjal-9251	229	1	•	•	NUM
cjal-9251	229	2	55	55	NUM
cjal-9251	229	3	see	see	NOUN
cjal-9251	229	4	gilson	gilson	PROPN
cjal-9251	229	5	,	,	PUNCT
cjal-9251	229	6	supra	supra	PROPN
cjal-9251	229	7	note	note	PROPN
cjal-9251	229	8	1	1	NUM
cjal-9251	229	9	,	,	PUNCT
cjal-9251	229	10	at	at	ADP
cjal-9251	229	11	1097	1097	NUM
cjal-9251	229	12	-	-	SYM
cjal-9251	229	13	99	99	NUM
cjal-9251	229	14	.	.	PUNCT
cjal-9251	229	15	00	00	PUNCT
cjal-9251	230	1	i	i	PRON
cjal-9251	230	2	d.	d.	PROPN
cjal-9251	230	3	at	at	ADP
cjal-9251	230	4	1097	1097	NUM
cjal-9251	230	5	.	.	PUNCT
cjal-9251	231	1	57	57	NUM
cjal-9251	231	2	/	/	SYM
cjal-9251	231	3	d.	d.	PROPN
cjal-9251	231	4	58	58	NUM
cjal-9251	231	5	see	see	VERB
cjal-9251	231	6	lerner	lerner	PROPN
cjal-9251	231	7	,	,	PUNCT
cjal-9251	231	8	supra	supra	PROPN
cjal-9251	231	9	note	note	NOUN
cjal-9251	231	10	5	5	NUM
cjal-9251	231	11	at	at	ADP
cjal-9251	231	12	8	8	NUM
cjal-9251	231	13	th	th	NOUN
cjal-9251	231	14	u	u	NOUN
cjal-9251	231	15	'	'	PUNCT
cjal-9251	231	16	ted	te	VERB
cjal-9251	231	17	s	s	PART
cjal-9251	231	18	·	·	PUNCT
cjal-9251	231	19	in	in	ADP
cjal-9251	231	20	vc	vc	PROPN
cjal-9251	231	21	.	.	PUNCT
cjal-9251	231	22	'	'	PUNCT
cjal-9251	231	23	·	·	PUNCT
cjal-9251	232	1	e	e	X
cjal-9251	232	2	m	m	NOUN
cjal-9251	232	3	tates	tat	VERB
cjal-9251	232	4	has	have	VERB
cjal-9251	232	5	over	over	ADP
cjal-9251	232	6	70	70	NUM
cjal-9251	232	7	years	year	NOUN
cjal-9251	232	8	of	of	ADP
cjal-9251	232	9	expenence	expenence	NOUN
cjal-9251	232	10	59	59	NUM
cjal-9251	232	11	zhonggon	zhonggon	NOUN
cjal-9251	232	12	g	g	PROPN
cjal-9251	232	13	zhongyang	zhongyang	PROPN
cjal-9251	232	14	guanyu	guanyu	PROPN
cjal-9251	233	1	kexue	kexue	PROPN
cjal-9251	233	2	j	j	PROPN
cjal-9251	233	3	·	·	PUNCT
cjal-9251	233	4	h	h	PROPN
cjal-9251	233	5	t	t	PROPN
cjal-9251	233	6	'	'	PUNCT
cjal-9251	233	7	hi	hi	INTJ
cjal-9251	233	8	g	g	PROPN
cjal-9251	233	9	·	·	PUNCT
cjal-9251	233	10	·	·	PUNCT
cjal-9251	233	11	,	,	PUNCT
cjal-9251	233	12	m.	m.	NOUN
cjal-9251	233	13	,,.-f	,,.-f	PUNCT
cjal-9251	233	14	w	w	NOUN
cjal-9251	233	15	~	~	NOUN
cjal-9251	233	16	tt~#:t	tt~#:t	ADP
cjal-9251	233	17	~	~	X
cjal-9251	233	18	al(ia	al(ia	NOUN
cjal-9251	233	19	<	<	X
cjal-9251	233	20	jtk	jtk	NOUN
cjal-9251	233	21	:	:	PUNCT
cjal-9251	233	22	jio	jio	NOUN
cjal-9251	233	23	)	)	PUNCT
cjal-9251	234	1	[	[	X
cjal-9251	234	2	the	the	DET
cjal-9251	234	3	decision	decision	NOUN
cjal-9251	234	4	is	be	AUX
cjal-9251	234	5	u	u	NOUN
cjal-9251	234	6	lz	lz	PROPN
cjal-9251	234	7	.	.	PUNCT
cjal-9251	234	8	a1ge	a1ge	X
cjal-9251	234	9	de	de	X
cjal-9251	234	10	juedmg	juedmg	PROPN
cjal-9251	234	11	(	(	PUNCT
cjal-9251	234	12	,	,	PUNCT
cjal-9251	234	13	p	p	NOUN
cjal-9251	234	14	)	)	PUNCT
cjal-9251	234	15	,	,	PUNCT
cjal-9251	234	16	_	_	PUNCT
cjal-9251	234	17	<	<	X
cjal-9251	234	18	t,;,s	t,;,s	ADJ
cjal-9251	234	19	;	;	PUNCT
cjal-9251	234	20	1	1	NUM
cjal-9251	234	21	'	'	NUM
cjal-9251	234	22	:	:	PUNCT
cjal-9251	235	1	renmin	renmin	PROPN
cjal-9251	235	2	ribao	ribao	PROPN
cjal-9251	235	3	(	(	PUNCT
cjal-9251	235	4	a~	a~	PROPN
cjal-9251	235	5	b	b	PROPN
cjal-9251	235	6	ffl	ffl	PROPN
cjal-9251	235	7	.	.	PUNCT
cjal-9251	235	8	)	)	PUNCT
cjal-9251	236	1	[	[	X
cjal-9251	236	2	peo	peo	X
cjal-9251	236	3	1	1	NUM
cjal-9251	236	4	'	'	PART
cjal-9251	236	5	d	d	NOUN
cjal-9251	236	6	·	·	PUNCT
cjal-9251	236	7	1	1	NUM
cjal-9251	236	8	]	]	PUNCT
cjal-9251	236	9	to	to	PART
cjal-9251	236	10	reform	reform	VERB
cjal-9251	236	11	the	the	DET
cjal-9251	236	12	science	science	NOUN
cjal-9251	236	13	and	and	CCONJ
cjal-9251	236	14	technologj	technologj	PROPN
cjal-9251	236	15	systems	system	NOUN
cjal-9251	236	16	)	)	PUNCT
cjal-9251	236	17	,	,	PUNCT
cjal-9251	236	18	p	p	NOUN
cjal-9251	236	19	es	es	X
cjal-9251	236	20	ai	ai	VERB
cjal-9251	236	21	y	y	PROPN
cjal-9251	236	22	(	(	PUNCT
cjal-9251	236	23	mar	mar	PROPN
cjal-9251	236	24	.	.	PROPN
cjal-9251	236	25	13	13	NUM
cjal-9251	236	26	,	,	PUNCT
cjal-9251	236	27	1985	1985	NUM
cjal-9251	236	28	)	)	PUNCT
cjal-9251	236	29	htt	htt	NOUN
cjal-9251	236	30	·	·	PUNCT
cjal-9251	236	31	//b't	//b't	PUNCT
cjal-9251	237	1	i	i	PRON
cjal-9251	237	2	/2	/2	NOUN
cjal-9251	237	3	nlfjc	nlfjc	ADJ
cjal-9251	238	1	60	60	NUM
cjal-9251	238	2	see	see	VERB
cjal-9251	238	3	zhu	zhu	PROPN
cjal-9251	238	4	shaoping	shaoping	NOUN
cjal-9251	238	5	&	&	CCONJ
cjal-9251	238	6	ge	ge	PROPN
cjal-9251	238	7	yi	yi	PROPN
cjal-9251	239	1	<	<	PROPN
cjal-9251	239	2	*	*	PUNCT
cjal-9251	239	3	:	:	PUNCT
cjal-9251	239	4	'	'	PUNCT
cjal-9251	239	5	.!>~	.!>~	PUNCT
cjal-9251	239	6	&	&	CCONJ
cjal-9251	239	7	'	'	PUNCT
cjal-9251	239	8	p.	p.	NOUN
cjal-9251	239	9	1	1	NUM
cjal-9251	239	10	·	·	PUNCT
cjal-9251	239	11	y	y	PROPN
cjal-9251	239	12	s	s	NOUN
cjal-9251	239	13	•	•	NOUN
cjal-9251	239	14	q	q	NOUN
cjal-9251	239	15	.	.	PUNCT
cjal-9251	240	1	f	f	X
cjal-9251	241	1	d	d	X
cjal-9251	241	2	x	x	PROPN
cjal-9251	241	3	·	·	PUNCT
cjal-9251	241	4	di	di	X
cjal-9251	241	5	.	.	PUNCT
cjal-9251	241	6	lifa	lifa	PROPN
cjal-9251	241	7	j	j	PROPN
cjal-9251	241	8	'	'	PART
cjal-9251	241	9	h	h	NOUN
cjal-9251	241	10	.	.	PUNCT
cjal-9251	241	11	.	.	PUNCT
cjal-9251	242	1	~lit	~lit	NUM
cjal-9251	242	2	)	)	PUNCT
cjal-9251	242	3	,	,	PUNCT
cjal-9251	242	4	zhonghua	zhonghua	PROPN
cjal-9251	242	5	renmin	renmin	PROPN
cjal-9251	242	6	gonghe	gonghe	PROPN
cjal-9251	242	7	guo	guo	PROPN
cjal-9251	242	8	hehuo	hehuo	NOUN
cjal-9251	242	9	1ye	1ye	NOUN
cjal-9251	243	1	a	a	DET
cjal-9251	243	2	e	e	PROPN
cjal-9251	243	3	rn	rn	PROPN
cjal-9251	243	4	ng	ng	PROPN
cjal-9251	243	5	.	.	PUNCT
cjal-9251	244	1	me	i	PRON
cjal-9251	244	2	eng	eng	PROPN
cjal-9251	244	3	ziliao	ziliao	PROPN
cjal-9251	244	4	huib"a	huib"a	PROPN
cjal-9251	245	1	(	(	PUNCT
cjal-9251	245	2	cr+	cr+	PROPN
cjal-9251	245	3	...	...	PUNCT
cjal-9251	245	4	u-.a	u-.a	PROPN
cjal-9251	245	5	.	.	PUNCT
cjal-9251	245	6	""-h	""-h	PROPN
cjal-9251	245	7	·	·	PUNCT
cjal-9251	246	1	~	~	PUNCT
cjal-9251	246	2	,	,	PUNCT
cjal-9251	246	3	...	...	PUNCT
cjal-9251	246	4	·	·	PUNCT
cjal-9251	246	5	'	'	PUNCT
cjal-9251	246	6	#	#	NOUN
cjal-9251	246	7	;	;	PUNCT
cjal-9251	246	8	itj::ei!!!f	itj::ei!!!f	PROPN
cjal-9251	246	9	~	~	SYM
cjal-9251	246	10	j[~	j[~	PROPN
cjal-9251	246	11	)	)	PUNCT
cjal-9251	247	1	[	[	X
cjal-9251	247	2	collection	collection	NOUN
cjal-9251	247	3	of	of	ADP
cjal-9251	247	4	i	i	PRON
cjal-9251	247	5	n	n	CCONJ
cjal-9251	247	6	t""f	t""f	NUM
cjal-9251	247	7	"	"	PUNCT
cjal-9251	247	8	'	'	PUNCT
cjal-9251	247	9	-7.;~11)frfkft:~	-7.;~11)frfkft:~	NUM
cjal-9251	247	10	?	?	PUNCT
cjal-9251	247	11	'	'	PUNCT
cjal-9251	247	12	!	!	PUNCT
cjal-9251	247	13	)	)	PUNCT
cjal-9251	248	1	(	(	PUNCT
cjal-9251	248	2	1(1,;.1	1(1,;.1	NOUN
cjal-9251	248	3	,	,	PUNCT
cjal-9251	248	4	:	:	PUNCT
cjal-9251	248	5	ll	ll	AUX
cjal-9251	248	6	materials	material	NOUN
cjal-9251	248	7	relat_i::>ig	relat_i::>ig	ADP
cjal-9251	248	8	to	to	ADP
cjal-9251	248	9	the	the	DET
cjal-9251	248	10	a.\ib;-	a.\ib;-	NOUN
cjal-9251	248	11	..	..	X
cjal-9251	248	12	-ime	-ime	NUM
cjal-9251	248	13	:	:	PUNCT
cjal-9251	248	14	s"l	s"l	PROPN
cjal-9251	248	15	'	'	PUNCT
cjal-9251	248	16	of	of	ADP
cjal-9251	248	17	the	the	DET
cjal-9251	248	18	2017	2017	NUM
cjal-9251	248	19	]	]	PUNCT
cjal-9251	248	20	engineering	engineer	VERB
cjal-9251	248	21	a	a	DET
cjal-9251	248	22	venture	venture	NOUN
cjal-9251	248	23	capital	capital	NOUN
cjal-9251	248	24	market	market	NOUN
cjal-9251	248	25	169	169	NUM
cjal-9251	248	26	policy	policy	NOUN
cjal-9251	248	27	and	and	CCONJ
cjal-9251	248	28	economic	economic	ADJ
cjal-9251	248	29	reform	reform	NOUN
cjal-9251	248	30	(	(	PUNCT
cjal-9251	248	31	gaige	gaige	PROPN
cjal-9251	248	32	kaifang	kaifang	PROPN
cjal-9251	248	33	)	)	PUNCT
cjal-9251	248	34	in	in	ADP
cjal-9251	248	35	1978	1978	NUM
cjal-9251	248	36	,	,	PUNCT
cjal-9251	248	37	there	there	PRON
cjal-9251	248	38	were	be	VERB
cjal-9251	248	39	no	no	DET
cjal-9251	248	40	private	private	ADJ
cjal-9251	248	41	enterprises	enterprise	NOUN
cjal-9251	248	42	,	,	PUNCT
cjal-9251	248	43	let	let	VERB
cjal-9251	248	44	alone	alone	ADV
cjal-9251	248	45	start	start	VERB
cjal-9251	248	46	-	-	PUNCT
cjal-9251	248	47	ups	up	NOUN
cjal-9251	248	48	or	or	CCONJ
cjal-9251	248	49	vc	vc	NOUN
cjal-9251	248	50	.	.	PUNCT
cjal-9251	249	1	the	the	DET
cjal-9251	249	2	chinese	chinese	ADJ
cjal-9251	249	3	vc	vc	PROPN
cjal-9251	249	4	market	market	NOUN
cjal-9251	249	5	developed	develop	VERB
cjal-9251	249	6	slowly	slowly	ADV
cjal-9251	249	7	and	and	CCONJ
cjal-9251	249	8	was	be	AUX
cjal-9251	249	9	dominated	dominate	VERB
cjal-9251	249	10	by	by	ADP
cjal-9251	249	11	state	state	NOUN
cjal-9251	249	12	-	-	PUNCT
cjal-9251	249	13	owned	own	VERB
cjal-9251	249	14	vc	vc	NOUN
cjal-9251	249	15	firms	firm	NOUN
cjal-9251	249	16	and	and	CCONJ
cjal-9251	249	17	vc	vc	NUM
cjal-9251	249	18	funds	fund	NOUN
cjal-9251	249	19	in	in	ADP
cjal-9251	249	20	the	the	DET
cjal-9251	249	21	1980s	1980	NOUN
cjal-9251	249	22	and	and	CCONJ
cjal-9251	249	23	1990s	1990	NOUN
cjal-9251	249	24	due	due	ADP
cjal-9251	249	25	to	to	ADP
cjal-9251	249	26	the	the	DET
cjal-9251	249	27	lack	lack	NOUN
cjal-9251	249	28	of	of	ADP
cjal-9251	249	29	a	a	DET
cjal-9251	249	30	developed	develop	VERB
cjal-9251	249	31	stock	stock	NOUN
cjal-9251	249	32	market	market	NOUN
cjal-9251	249	33	and	and	CCONJ
cjal-9251	249	34	unfamiliarity	unfamiliarity	NOUN
cjal-9251	249	35	with	with	ADP
cjal-9251	249	36	the	the	DET
cjal-9251	249	37	new	new	ADJ
cjal-9251	249	38	concept	concept	NOUN
cjal-9251	249	39	,	,	PUNCT
cjal-9251	249	40	61	61	NUM
cjal-9251	249	41	as	as	ADV
cjal-9251	249	42	well	well	ADV
cjal-9251	249	43	as	as	ADP
cjal-9251	249	44	the	the	DET
cjal-9251	249	45	limited	limited	ADJ
cjal-9251	249	46	choices	choice	NOUN
cjal-9251	249	47	of	of	ADP
cjal-9251	249	48	business	business	NOUN
cjal-9251	249	49	vehicles	vehicle	NOUN
cjal-9251	249	50	available	available	ADJ
cjal-9251	249	51	at	at	ADP
cjal-9251	249	52	that	that	DET
cjal-9251	249	53	time	time	NOUN
cjal-9251	249	54	.	.	PUNCT
cjal-9251	250	1	62	62	NUM
cjal-9251	250	2	the	the	DET
cjal-9251	250	3	market	market	NOUN
cjal-9251	250	4	began	begin	VERB
cjal-9251	250	5	to	to	PART
cjal-9251	250	6	develop	develop	VERB
cjal-9251	250	7	rapidly	rapidly	ADV
cjal-9251	250	8	only	only	ADV
cjal-9251	250	9	after	after	ADP
cjal-9251	250	10	1998	1998	NUM
cjal-9251	250	11	when	when	SCONJ
cjal-9251	250	12	cheng	cheng	PROPN
cjal-9251	250	13	siwei	siwei	PROPN
cjal-9251	250	14	,	,	PUNCT
cjal-9251	250	15	then	then	ADV
cjal-9251	250	16	vice	vice	NOUN
cjal-9251	250	17	chairman	chairman	NOUN
cjal-9251	250	18	of	of	ADP
cjal-9251	250	19	the	the	DET
cjal-9251	250	20	national	national	PROPN
cjal-9251	250	21	people	people	NOUN
cjal-9251	250	22	's	's	PART
cjal-9251	250	23	congress	congress	PROPN
cjal-9251	250	24	standing	standing	PROPN
cjal-9251	250	25	committee	committee	PROPN
cjal-9251	250	26	,	,	PUNCT
cjal-9251	250	27	presented	present	VERB
cjal-9251	250	28	a	a	DET
cjal-9251	250	29	groundbreaking	groundbreaking	NOUN
cjal-9251	250	30	"	"	PUNCT
cjal-9251	250	31	no	no	INTJ
cjal-9251	250	32	.	.	PUNCT
cjal-9251	250	33	l	l	NOUN
cjal-9251	250	34	proposal	proposal	NOUN
cjal-9251	250	35	"	"	PUNCT
cjal-9251	250	36	urging	urge	VERB
cjal-9251	250	37	the	the	DET
cjal-9251	250	38	development	development	NOUN
cjal-9251	250	39	of	of	ADP
cjal-9251	250	40	a	a	DET
cjal-9251	250	41	vc	vc	NOUN
cjal-9251	250	42	market.63	market.63	NOUN
cjal-9251	250	43	after	after	ADP
cjal-9251	250	44	the	the	DET
cjal-9251	250	45	proposal	proposal	NOUN
cjal-9251	250	46	,	,	PUNCT
cjal-9251	250	47	a	a	DET
cjal-9251	250	48	series	series	NOUN
cjal-9251	250	49	of	of	ADP
cjal-9251	250	50	policies	policy	NOUN
cjal-9251	250	51	and	and	CCONJ
cjal-9251	250	52	laws	law	NOUN
cjal-9251	250	53	were	be	AUX
cjal-9251	250	54	promulgated	promulgate	VERB
cjal-9251	250	55	,	,	PUNCT
cjal-9251	250	56	including	include	VERB
cjal-9251	250	57	the	the	DET
cjal-9251	250	58	strategy	strategy	NOUN
cjal-9251	250	59	of	of	ADP
cjal-9251	250	60	invigorating	invigorate	VERB
cjal-9251	250	61	china	china	PROPN
cjal-9251	250	62	through	through	ADP
cjal-9251	250	63	science	science	NOUN
cjal-9251	250	64	and	and	CCONJ
cjal-9251	250	65	education	education	NOUN
cjal-9251	250	66	(	(	PUNCT
cjal-9251	250	67	kejiao	kejiao	NOUN
cjal-9251	250	68	xingguo	xingguo	PROPN
cjal-9251	250	69	)	)	PUNCT
cjal-9251	250	70	and	and	CCONJ
cjal-9251	250	71	the	the	DET
cjal-9251	250	72	law	law	NOUN
cjal-9251	250	73	on	on	ADP
cjal-9251	250	74	promoting	promote	VERB
cjal-9251	250	75	the	the	DET
cjal-9251	250	76	transformation	transformation	NOUN
cjal-9251	250	77	of	of	ADP
cjal-9251	250	78	scientific	scientific	ADJ
cjal-9251	250	79	and	and	CCONJ
cjal-9251	250	80	technological	technological	ADJ
cjal-9251	250	81	achievements	achievement	NOUN
cjal-9251	250	82	.	.	PUNCT
cjal-9251	251	1	64	64	NUM
cjal-9251	251	2	as	as	SCONJ
cjal-9251	251	3	discussed	discuss	VERB
cjal-9251	251	4	below	below	ADV
cjal-9251	251	5	,	,	PUNCT
cjal-9251	251	6	the	the	DET
cjal-9251	251	7	chinese	chinese	ADJ
cjal-9251	251	8	government	government	NOUN
cjal-9251	251	9	has	have	AUX
cjal-9251	251	10	helped	help	VERB
cjal-9251	251	11	to	to	PART
cjal-9251	251	12	tackle	tackle	VERB
cjal-9251	251	13	the	the	DET
cjal-9251	251	14	simultaneity	simultaneity	NOUN
cjal-9251	251	15	problem	problem	NOUN
cjal-9251	251	16	effectively	effectively	ADV
cjal-9251	251	17	within	within	ADP
cjal-9251	251	18	three	three	NUM
cjal-9251	251	19	decades	decade	NOUN
cjal-9251	251	20	.	.	PUNCT
cjal-9251	252	1	65	65	NUM
cjal-9251	252	2	b.	b.	PROPN
cjal-9251	252	3	capital	capital	PROPN
cjal-9251	252	4	l.	l.	PROPN
cjal-9251	252	5	the	the	DET
cjal-9251	252	6	need	need	NOUN
cjal-9251	252	7	for	for	ADP
cjal-9251	252	8	venture	venture	NOUN
cjal-9251	252	9	capital	capital	NOUN
cjal-9251	252	10	in	in	ADP
cjal-9251	252	11	china	china	PROPN
cjal-9251	252	12	today	today	NOUN
cjal-9251	252	13	,	,	PUNCT
cjal-9251	252	14	there	there	PRON
cjal-9251	252	15	is	be	VERB
cjal-9251	252	16	a	a	DET
cjal-9251	252	17	strong	strong	ADJ
cjal-9251	252	18	demand	demand	NOUN
cjal-9251	252	19	for	for	ADP
cjal-9251	252	20	high	high	ADJ
cjal-9251	252	21	-	-	PUNCT
cjal-9251	252	22	risk	risk	NOUN
cjal-9251	252	23	,	,	PUNCT
cjal-9251	252	24	high	high	ADJ
cjal-9251	252	25	return	return	NOUN
cjal-9251	252	26	vc	vc	PROPN
cjal-9251	252	27	in	in	ADP
cjal-9251	252	28	china	china	PROPN
cjal-9251	252	29	,	,	PUNCT
cjal-9251	252	30	with	with	ADP
cjal-9251	252	31	the	the	DET
cjal-9251	252	32	increased	increase	VERB
cjal-9251	252	33	number	number	NOUN
cjal-9251	252	34	of	of	ADP
cjal-9251	252	35	small	small	ADJ
cjal-9251	252	36	businesses	business	NOUN
cjal-9251	252	37	and	and	CCONJ
cjal-9251	252	38	the	the	DET
cjal-9251	252	39	improved	improved	ADJ
cjal-9251	252	40	innovation	innovation	NOUN
cjal-9251	252	41	and	and	CCONJ
cjal-9251	252	42	it	it	PRON
cjal-9251	252	43	infrastructure	infrastructure	NOUN
cjal-9251	252	44	.	.	PUNCT
cjal-9251	253	1	in	in	ADP
cjal-9251	253	2	the	the	DET
cjal-9251	253	3	first	first	ADJ
cjal-9251	253	4	nine	nine	NUM
cjal-9251	253	5	months	month	NOUN
cjal-9251	253	6	of	of	ADP
cjal-9251	253	7	2015	2015	NUM
cjal-9251	253	8	,	,	PUNCT
cjal-9251	253	9	over	over	ADP
cjal-9251	253	10	3	3	NUM
cjal-9251	253	11	million	million	NUM
cjal-9251	253	12	small	small	ADJ
cjal-9251	253	13	businesses	business	NOUN
cjal-9251	253	14	were	be	AUX
cjal-9251	253	15	registered	register	VERB
cjal-9251	253	16	,	,	PUNCT
cjal-9251	253	17	accounting	account	VERB
cjal-9251	253	18	for	for	ADP
cjal-9251	253	19	96.62	96.62	NUM
cjal-9251	253	20	%	%	NOUN
cjal-9251	253	21	of	of	ADP
cjal-9251	253	22	the	the	DET
cjal-9251	253	23	total	total	ADJ
cjal-9251	253	24	number	number	NOUN
cjal-9251	253	25	of	of	ADP
cjal-9251	253	26	new	new	ADJ
cjal-9251	253	27	registered	register	VERB
cjal-9251	253	28	businesses	business	NOUN
cjal-9251	253	29	.	.	PUNCT
cjal-9251	254	1	66	66	NUM
cjal-9251	254	2	in	in	ADP
cjal-9251	254	3	beijing	beijing	PROPN
cjal-9251	254	4	's	's	PART
cjal-9251	254	5	zhongguancun	zhongguancun	PROPN
cjal-9251	254	6	district	district	NOUN
cjal-9251	254	7	,	,	PUNCT
cjal-9251	254	8	the	the	DET
cjal-9251	254	9	so	so	ADV
cjal-9251	254	10	-	-	PUNCT
cjal-9251	254	11	called	call	VERB
cjal-9251	254	12	"	"	PUNCT
cjal-9251	254	13	chinese	chinese	ADJ
cjal-9251	254	14	silicon	silicon	NOUN
cjal-9251	254	15	valley	valley	NOUN
cjal-9251	254	16	,	,	PUNCT
cjal-9251	254	17	"	"	PUNCT
cjal-9251	254	18	an	an	DET
cjal-9251	254	19	average	average	NOUN
cjal-9251	254	20	of	of	ADP
cjal-9251	254	21	7	7	NUM
cjal-9251	254	22	new	new	ADJ
cjal-9251	254	23	companies	company	NOUN
cjal-9251	254	24	were	be	AUX
cjal-9251	254	25	registered	register	VERB
cjal-9251	254	26	every	every	DET
cjal-9251	254	27	minute	minute	NOUN
cjal-9251	254	28	from	from	ADP
cjal-9251	254	29	march	march	PROPN
cjal-9251	254	30	2014	2014	NUM
cjal-9251	254	31	to	to	ADP
cjal-9251	254	32	may	may	PROPN
cjal-9251	254	33	2015.67	2015.67	NUM
cjal-9251	254	34	beijing	beijing	NOUN
cjal-9251	254	35	has	have	AUX
cjal-9251	254	36	become	become	VERB
cjal-9251	254	37	asia	asia	PROPN
cjal-9251	254	38	's	's	PART
cjal-9251	254	39	largest	large	ADJ
cjal-9251	254	40	hub	hub	NOUN
cjal-9251	254	41	for	for	ADP
cjal-9251	254	42	entrepreneurship	entrepreneurship	NOUN
cjal-9251	254	43	.	.	PUNCT
cjal-9251	255	1	68	68	NUM
cjal-9251	255	2	part	part	NOUN
cjal-9251	255	3	~	~	PUNCT
cjal-9251	255	4	ership	ership	NOUN
cjal-9251	255	5	enterprise	enterprise	NOUN
cjal-9251	255	6	law	law	NOUN
cjal-9251	255	7	]	]	PUNCT
cjal-9251	255	8	4	4	NUM
cjal-9251	255	9	(	(	PUNCT
cjal-9251	255	10	2004	2004	NUM
cjal-9251	255	11	)	)	PUNCT
cjal-9251	255	12	.	.	PUNCT
cjal-9251	256	1	see	see	AUX
cjal-9251	256	2	also	also	ADV
cjal-9251	256	3	lu	lu	VERB
cjal-9251	256	4	haitian	haitian	PROPN
cjal-9251	256	5	et	et	PROPN
cjal-9251	256	6	al	al	PROPN
cjal-9251	256	7	.	.	PROPN
cjal-9251	256	8	,	,	PUNCT
cjal-9251	256	9	venture	venture	NOUN
cjal-9251	256	10	capital	capital	NOUN
cjal-9251	256	11	and	and	CCONJ
cjal-9251	256	12	the	the	DET
cjal-9251	256	13	lau	lau	PROPN
cjal-9251	256	14	:	:	PUNCT
cjal-9251	256	15	in	in	ADP
cjal-9251	256	16	china	china	PROPN
cjal-9251	256	17	,	,	PUNCT
cjal-9251	256	18	37	37	NUM
cjal-9251	256	19	hmm	hmm	NOUN
cjal-9251	256	20	kong	kong	PROPN
cjal-9251	256	21	l.j	l.j	PROPN
cjal-9251	256	22	.	.	PROPN
cjal-9251	256	23	229	229	NUM
cjal-9251	256	24	(	(	PUNCT
cjal-9251	256	25	2007	2007	NUM
cjal-9251	256	26	)	)	PUNCT
cjal-9251	256	27	.	.	PUNCT
cjal-9251	257	1	s1	s1	NOUN
cjal-9251	257	2	see	see	VERB
cjal-9251	257	3	lin	lin	PROPN
cjal-9251	257	4	lin	lin	PROPN
cjal-9251	257	5	,	,	PUNCT
cjal-9251	257	6	venture	venture	NOUN
cjal-9251	257	7	capital	capital	NOUN
cjal-9251	257	8	exits	exit	VERB
cjal-9251	257	9	and	and	CCONJ
cjal-9251	257	10	the	the	DET
cjal-9251	257	11	structure	structure	NOUN
cjal-9251	257	12	of	of	ADP
cjal-9251	257	13	stock	stock	NOUN
cjal-9251	257	14	markets	market	NOUN
cjal-9251	257	15	:	:	PUNCT
cjal-9251	257	16	lessons	lesson	NOUN
cjal-9251	257	17	from	from	ADP
cjal-9251	257	18	china	china	PROPN
cjal-9251	257	19	,	,	PUNCT
cjal-9251	257	20	12	12	NUM
cjal-9251	257	21	asian	asian	PROPN
cjal-9251	257	22	j.	j.	PROPN
cjal-9251	257	23	comparative	comparative	PROPN
cjal-9251	257	24	l.	l.	PROPN
cjal-9251	257	25	1	1	NUM
cjal-9251	257	26	,	,	PUNCT
cjal-9251	257	27	7	7	NUM
cjal-9251	257	28	(	(	PUNCT
cjal-9251	257	29	2017	2017	NUM
cjal-9251	257	30	)	)	PUNCT
cjal-9251	257	31	.	.	PUNCT
cjal-9251	258	1	62	62	NUM
cjal-9251	258	2	limited	limited	ADJ
cjal-9251	258	3	partnership	partnership	NOUN
cjal-9251	258	4	was	be	AUX
cjal-9251	258	5	not	not	PART
cjal-9251	258	6	available	available	ADJ
cjal-9251	258	7	under	under	ADP
cjal-9251	258	8	chinese	chinese	ADJ
cjal-9251	258	9	law	law	NOUN
cjal-9251	258	10	in	in	ADP
cjal-9251	258	11	this	this	DET
cjal-9251	258	12	period	period	NOUN
cjal-9251	258	13	.	.	PUNCT
cjal-9251	259	1	63	63	NUM
cjal-9251	259	2	cheng	cheng	PROPN
cjal-9251	259	3	siwei	siwei	NOUN
cjal-9251	259	4	(	(	PUNCT
cjal-9251	259	5	fjxjl!.16	fjxjl!.16	PROPN
cjal-9251	259	6	:	:	PUNCT
cjal-9251	259	7	.	.	PUNCT
cjal-9251	259	8	)	)	PUNCT
cjal-9251	259	9	,	,	PUNCT
cjal-9251	259	10	zhongguo	zhongguo	PROPN
cjal-9251	259	11	fengxian	fengxian	PROPN
cjal-9251	259	12	touzi	touzi	PROPN
cjal-9251	259	13	de	de	PROPN
cjal-9251	259	14	lisbi	lisbi	PROPN
cjal-9251	259	15	yu	yu	PROPN
cjal-9251	259	16	xianzhuang	xianzhuang	PROPN
cjal-9251	259	17	(	(	PUNCT
cjal-9251	259	18	'	'	PUNCT
cjal-9251	259	19	poojxt~	poojxt~	PROPN
cjal-9251	259	20	tl/:~(j	tl/:~(j	NOUN
cjal-9251	259	21	/	/	SYM
cjal-9251	259	22	jjj].le	jjj].le	NOUN
cjal-9251	259	23	~	~	PROPN
cjal-9251	259	24	jj.il:/.r	jj.il:/.r	PROPN
cjal-9251	259	25	)	)	PUNCT
cjal-9251	260	1	[	[	X
cjal-9251	260	2	the	the	DET
cjal-9251	260	3	history	history	NOUN
cjal-9251	260	4	and	and	CCONJ
cjal-9251	260	5	status	status	NOUN
cjal-9251	260	6	quo	quo	PROPN
cjal-9251	260	7	of	of	ADP
cjal-9251	260	8	china	china	PROPN
cjal-9251	260	9	's	's	PART
cjal-9251	260	10	venture	venture	NOUN
cjal-9251	260	11	capital	capital	NOUN
cjal-9251	260	12	]	]	PUNCT
cjal-9251	260	13	,	,	PUNCT
cjal-9251	260	14	in	in	ADP
cjal-9251	260	15	cheng	cheng	PROPN
cjal-9251	260	16	siwei	siwei	PROPN
cjal-9251	260	17	lun	lun	PROPN
cjal-9251	260	18	fengx	fengx	PROPN
cjal-9251	260	19	:	:	PUNCT
cjal-9251	260	20	ian	ian	PROPN
cjal-9251	260	21	touzi	touzi	PROPN
cjal-9251	260	22	(	(	PUNCT
cjal-9251	260	23	li.lt.\!/.1fl:~jx1.~tl/:l1f	li.lt.\!/.1fl:~jx1.~tl/:l1f	NOUN
cjal-9251	260	24	)	)	PUNCT
cjal-9251	261	1	[	[	X
cjal-9251	261	2	cheng	cheng	PROPN
cjal-9251	261	3	siwei	siwei	NOUN
cjal-9251	261	4	on	on	ADP
cjal-9251	261	5	venture	venture	NOUN
cjal-9251	261	6	capital	capital	NOUN
cjal-9251	261	7	]	]	PUNCT
cjal-9251	261	8	(	(	PUNCT
cjal-9251	261	9	2008	2008	NUM
cjal-9251	261	10	)	)	PUNCT
cjal-9251	261	11	.	.	PUNCT
cjal-9251	262	1	&	&	CCONJ
cjal-9251	262	2	1	1	NUM
cjal-9251	262	3	see	see	VERB
cjal-9251	262	4	appendix	appendix	NOUN
cjal-9251	262	5	2	2	NUM
cjal-9251	262	6	,	,	PUNCT
cjal-9251	262	7	infra	infra	NOUN
cjal-9251	262	8	.	.	PUNCT
cjal-9251	263	1	&	&	CCONJ
cjal-9251	263	2	;	;	PUNCT
cjal-9251	263	3	see	see	VERB
cjal-9251	263	4	part	part	NOUN
cjal-9251	263	5	i.b.e	i.b.e	NOUN
cjal-9251	263	6	,	,	PUNCT
cjal-9251	263	7	infra	infra	NOUN
cjal-9251	263	8	.	.	PUNCT
cjal-9251	264	1	oo	oo	INTJ
cjal-9251	264	2	press	press	NOUN
cjal-9251	264	3	release	release	NOUN
cjal-9251	264	4	,	,	PUNCT
cjal-9251	264	5	zhonghua	zhonghua	PROPN
cjal-9251	264	6	renmin	renmin	PROPN
cjal-9251	264	7	gongheguo	gongheguo	PROPN
cjal-9251	264	8	guojia	guojia	PROPN
cjal-9251	264	9	gongshang	gongshang	PROPN
cjal-9251	264	10	xingzheng	xingzheng	PROPN
cjal-9251	264	11	guanli	guanli	PROPN
cjal-9251	264	12	zongju(rfl	zongju(rfl	PROPN
cjal-9251	264	13	$	$	SYM
cjal-9251	264	14	.a	.a	NOUN
cjal-9251	264	15	.	.	PUNCT
cjal-9251	265	1	~jt~	~jt~	PUNCT
cjal-9251	265	2	ij.100*i	ij.100*i	X
cjal-9251	265	3	iffi	iffi	VERB
cjal-9251	265	4	frllil(~l	frllil(~l	PROPN
cjal-9251	265	5	~	~	SYM
cjal-9251	265	6	il@j,;i	il@j,;i	NOUN
cjal-9251	265	7	)	)	PUNCT
cjal-9251	266	1	[	[	X
cjal-9251	266	2	state	state	NOUN
cjal-9251	266	3	administration	administration	NOUN
cjal-9251	266	4	for	for	ADP
cjal-9251	266	5	industry	industry	NOUN
cjal-9251	266	6	and	and	CCONJ
cjal-9251	266	7	commerce	commerce	NOUN
cjal-9251	266	8	]	]	PUNCT
cjal-9251	266	9	,	,	PUNCT
cjal-9251	266	10	gongshang	gongshang	PROPN
cjal-9251	266	11	zongju	zongju	PROPN
cjal-9251	266	12	:	:	PUNCT
cjal-9251	266	13	quanguo	quanguo	PROPN
cjal-9251	266	14	xin	xin	PROPN
cjal-9251	266	15	dengji	dengji	PROPN
cjal-9251	266	16	qiye	qiye	PROPN
cjal-9251	266	17	baochi	baochi	PROPN
cjal-9251	266	18	gaowei	gaowei	PROPN
cjal-9251	266	19	zengjiang	zengjiang	PROPN
cjal-9251	266	20	cf.il'li	cf.il'li	PROPN
cjal-9251	266	21	.~jai	.~jai	PROPN
cjal-9251	266	22	:	:	PUNCT
cjal-9251	267	1	-td'ilffihi2.~idli(f.¥mifll±tte	-td'ilffihi2.~idli(f.¥mifll±tte	PUNCT
cjal-9251	267	2	:)	:)	PUNCT
cjal-9251	268	1	[	[	X
cjal-9251	268	2	state	state	NOUN
cjal-9251	268	3	administrat	administrat	NOUN
cjal-9251	268	4	ion	ion	NOUN
cjal-9251	268	5	for	for	ADP
cjal-9251	268	6	industry	industry	NOUN
cjal-9251	268	7	and	and	CCONJ
cjal-9251	268	8	commerce	commerce	NOUN
cjal-9251	268	9	:	:	PUNCT
cjal-9251	268	10	country	country	NOUN
cjal-9251	268	11	-	-	PUNCT
cjal-9251	268	12	wide	wide	ADV
cjal-9251	268	13	,	,	PUNCT
cjal-9251	268	14	newly	newly	ADV
cjal-9251	268	15	-	-	PUNCT
cjal-9251	268	16	registered	register	VERB
cjal-9251	268	17	businesses	business	NOUN
cjal-9251	268	18	maintain	maintain	VERB
cjal-9251	268	19	high	high	ADJ
cjal-9251	268	20	levels	level	NOUN
cjal-9251	268	21	of	of	ADP
cjal-9251	268	22	growth	growth	NOUN
cjal-9251	268	23	]	]	PUNCT
cjal-9251	268	24	,	,	PUNCT
cjal-9251	268	25	(	(	PUNCT
cjal-9251	268	26	oct	oct	PROPN
cjal-9251	268	27	.	.	PROPN
cjal-9251	268	28	15	15	NUM
cjal-9251	268	29	,	,	PUNCT
cjal-9251	268	30	2015	2015	NUM
cjal-9251	268	31	)	)	PUNCT
cjal-9251	268	32	,	,	PUNCT
cjal-9251	268	33	http://bit.ly/2snfq3h	http://bit.ly/2snfq3h	PROPN
cjal-9251	268	34	.	.	PUNCT
cjal-9251	268	35	..	..	PUNCT
cjal-9251	269	1	zhang	zhang	PROPN
cjal-9251	269	2	lulu	lulu	PROPN
cjal-9251	269	3	,	,	PUNCT
cjal-9251	269	4	china	china	PROPN
cjal-9251	269	5	's	's	PART
cjal-9251	269	6	startup	startup	NOUN
cjal-9251	269	7	boom	boom	NOUN
cjal-9251	269	8	:	:	PUNCT
cjal-9251	269	9	7	7	NUM
cjal-9251	269	10	new	new	ADJ
cjal-9251	269	11	firms	firm	NOUN
cjal-9251	269	12	every	every	DET
cjal-9251	269	13	minute	minute	NOUN
cjal-9251	269	14	,	,	PUNCT
cjal-9251	269	15	china.org.cn	china.org.cn	X
cjal-9251	269	16	(	(	PUNCT
cjal-9251	269	17	jun	jun	PROPN
cjal-9251	269	18	9	9	NUM
cjal-9251	269	19	,	,	PUNCT
cjal-9251	269	20	2015	2015	NUM
cjal-9251	269	21	)	)	PUNCT
cjal-9251	269	22	,	,	PUNCT
cjal-9251	269	23	http://on.china.cn/1b2rt59	http://on.china.cn/1b2rt59	PROPN
cjal-9251	269	24	.	.	PUNCT
cjal-9251	269	25	68	68	NUM
cjal-9251	269	26	zheng	zheng	PROPN
cjal-9251	269	27	lipeng	lipeng	PROPN
cjal-9251	269	28	(	(	PUNCT
cjal-9251	269	29	~;l!jffl	~;l!jffl	NOUN
cjal-9251	269	30	)	)	PUNCT
cjal-9251	269	31	,	,	PUNCT
cjal-9251	269	32	na	na	PROPN
cjal-9251	269	33	shenme	shenme	PROPN
cjal-9251	269	34	zhengjiu	zhengjiu	PROPN
cjal-9251	269	35	ni	ni	PROPN
cjal-9251	269	36	:	:	PUNCT
cjal-9251	269	37	zai	zai	PROPN
cjal-9251	269	38	tanlan	tanlan	PROPN
cjal-9251	269	39	zhong	zhong	PROPN
cjal-9251	269	40	bei	bei	X
cjal-9251	269	41	wanhuai	wanhuai	X
cjal-9251	269	42	de	de	X
cjal-9251	269	43	zhongchou	zhongchou	PROPN
cjal-9251	269	44	nazhi	nazhi	PROPN
cjal-9251	269	45	zhu	zhu	PROPN
cjal-9251	269	46	<	<	X
cjal-9251	269	47	*	*	X
cjal-9251	269	48	~.z.h#-1	~.z.h#-1	X
cjal-9251	269	49	$	$	NUM
cjal-9251	269	50	,	,	PUNCT
cjal-9251	269	51	~1dli'pt!ilii)'.f(lgi):§6jlll	~1dli'pt!ilii)'.f(lgi):§6jlll	ADV
cjal-9251	269	52	~	~	SYM
cjal-9251	269	53	ffi	ffi	PROPN
cjal-9251	269	54	)	)	PUNCT
cjal-9251	270	1	[	[	X
cjal-9251	270	2	how	how	SCONJ
cjal-9251	270	3	to	to	PART
cjal-9251	270	4	rescue	rescue	VERB
cjal-9251	270	5	ecf	ecf	PROPN
cjal-9251	270	6	?	?	PROPN
cjal-9251	271	1	170	170	NUM
cjal-9251	271	2	columbia	columbia	PROPN
cjal-9251	271	3	jo	jo	PROPN
cjal-9251	271	4	urnal	urnal	PROPN
cjal-9251	271	5	of	of	ADP
cjal-9251	271	6	asian	asian	ADJ
cjal-9251	271	7	law	law	NOUN
cjal-9251	272	1	[	[	X
cjal-9251	272	2	vol	vol	NOUN
cjal-9251	272	3	.	.	PUNCT
cjal-9251	272	4	30:160	30:160	NUM
cjal-9251	272	5	however	however	ADV
cjal-9251	272	6	,	,	PUNCT
cjal-9251	272	7	the	the	DET
cjal-9251	272	8	growth	growth	NOUN
cjal-9251	272	9	of	of	ADP
cjal-9251	272	10	start	start	NOUN
cjal-9251	272	11	-	-	PUNCT
cjal-9251	272	12	ups	up	NOUN
cjal-9251	272	13	and	and	CCONJ
cjal-9251	272	14	sma	sma	VERB
cjal-9251	272	15	ll	ll	NOUN
cjal-9251	272	16	and	and	CCONJ
cjal-9251	272	17	medium	medium	ADJ
cjal-9251	272	18	size	size	NOUN
cjal-9251	272	19	firms	firm	NOUN
cjal-9251	272	20	(	(	PUNCT
cjal-9251	272	21	"	"	PUNCT
cjal-9251	272	22	sme	sme	NOUN
cjal-9251	272	23	"	"	PUNCT
cjal-9251	272	24	)	)	PUNCT
cjal-9251	272	25	has	have	AUX
cjal-9251	272	26	long	long	ADV
cjal-9251	272	27	been	be	AUX
cjal-9251	272	28	constrained	constrain	VERB
cjal-9251	272	29	by	by	ADP
cjal-9251	272	30	a	a	DET
cjal-9251	272	31	substantial	substantial	ADJ
cjal-9251	272	32	capital	capital	NOUN
cjal-9251	272	33	gap	gap	NOUN
cjal-9251	272	34	in	in	ADP
cjal-9251	272	35	china	china	PROPN
cjal-9251	272	36	as	as	SCONJ
cjal-9251	272	37	china	china	PROPN
cjal-9251	272	38	's	's	PART
cjal-9251	272	39	stock	stock	NOUN
cjal-9251	272	40	markets	market	NOUN
cjal-9251	272	41	are	be	AUX
cjal-9251	272	42	unable	unable	ADJ
cjal-9251	272	43	to	to	PART
cjal-9251	272	44	serve	serve	VERB
cjal-9251	272	45	as	as	ADP
cjal-9251	272	46	viable	viable	ADJ
cjal-9251	272	47	financing	financing	NOUN
cjal-9251	272	48	channels	channel	NOUN
cjal-9251	272	49	for	for	ADP
cjal-9251	272	50	smes	sme	NOUN
cjal-9251	272	51	.	.	PUNCT
cjal-9251	273	1	apart	apart	ADV
cjal-9251	273	2	from	from	ADP
cjal-9251	273	3	dealing	deal	VERB
cjal-9251	273	4	with	with	ADP
cjal-9251	273	5	the	the	DET
cjal-9251	273	6	prohibitively	prohibitively	ADV
cjal-9251	273	7	high	high	ADJ
cjal-9251	273	8	costs	cost	NOUN
cjal-9251	273	9	and	and	CCONJ
cjal-9251	273	10	long	long	ADJ
cjal-9251	273	11	waiting	waiting	NOUN
cjal-9251	273	12	times	time	NOUN
cjal-9251	273	13	(	(	PUNCT
cjal-9251	273	14	caused	cause	VERB
cjal-9251	273	15	by	by	ADP
cjal-9251	273	16	the	the	DET
cjal-9251	273	17	current	current	ADJ
cjal-9251	273	18	approval	approval	NOUN
cjal-9251	273	19	system	system	NOUN
cjal-9251	273	20	)	)	PUNCT
cjal-9251	273	21	involved	involve	VERB
cjal-9251	273	22	in	in	ADP
cjal-9251	273	23	an	an	DET
cjal-9251	273	24	ipo	ipo	NOUN
cjal-9251	273	25	,	,	PUNCT
cjal-9251	273	26	start	start	NOUN
cjal-9251	273	27	-	-	PUNCT
cjal-9251	273	28	ups	up	NOUN
cjal-9251	273	29	and	and	CCONJ
cjal-9251	273	30	smes	sme	NOUN
cjal-9251	273	31	,	,	PUNCT
cjal-9251	273	32	by	by	ADP
cjal-9251	273	33	virtue	virtue	NOUN
cjal-9251	273	34	of	of	ADP
cjal-9251	273	35	their	their	PRON
cjal-9251	273	36	youth	youth	NOUN
cjal-9251	273	37	or	or	CCONJ
cjal-9251	273	38	size	size	NOUN
cjal-9251	273	39	,	,	PUNCT
cjal-9251	273	40	also	also	ADV
cjal-9251	273	41	face	face	VERB
cjal-9251	273	42	difficulties	difficulty	NOUN
cjal-9251	273	43	meeting	meet	VERB
cjal-9251	273	44	the	the	DET
cjal-9251	273	45	stringent	stringent	ADJ
cjal-9251	273	46	listing	listing	NOUN
cjal-9251	273	47	requirements	requirement	NOUN
cjal-9251	273	48	set	set	VERB
cjal-9251	273	49	by	by	ADP
cjal-9251	273	50	the	the	DET
cjal-9251	273	51	two	two	NUM
cjal-9251	273	52	main	main	ADJ
cjal-9251	273	53	boards	board	NOUN
cjal-9251	273	54	.	.	PUNCT
cjal-9251	274	1	69	69	NUM
cjal-9251	275	1	moreover	moreover	ADV
cjal-9251	275	2	,	,	PUNCT
cjal-9251	275	3	unlike	unlike	ADP
cjal-9251	275	4	state	state	NOUN
cjal-9251	275	5	-	-	PUNCT
cjal-9251	275	6	owned	own	VERB
cjal-9251	275	7	enterprises	enterprise	NOUN
cjal-9251	275	8	(	(	PUNCT
cjal-9251	275	9	"	"	PUNCT
cjal-9251	275	10	soes	soe	NOUN
cjal-9251	275	11	"	"	PUNCT
cjal-9251	275	12	,	,	PUNCT
cjal-9251	275	13	)	)	PUNCT
cjal-9251	275	14	that	that	PRON
cjal-9251	275	15	are	be	AUX
cjal-9251	275	16	able	able	ADJ
cjal-9251	275	17	to	to	PART
cjal-9251	275	18	receive	receive	VERB
cjal-9251	275	19	low	low	ADJ
cjal-9251	275	20	-interest	-inter	ADJ
cjal-9251	275	21	loans	loan	NOUN
cjal-9251	275	22	from	from	ADP
cjal-9251	275	23	state	state	NOUN
cjal-9251	275	24	-	-	PUNCT
cjal-9251	275	25	owned	own	VERB
cjal-9251	275	26	banks	bank	NOUN
cjal-9251	275	27	(	(	PUNCT
cjal-9251	275	28	in	in	ADP
cjal-9251	275	29	part	part	NOUN
cjal-9251	275	30	due	due	ADP
cjal-9251	275	31	to	to	ADP
cjal-9251	275	32	administrative	administrative	ADJ
cjal-9251	275	33	influence	influence	NOUN
cjal-9251	275	34	)	)	PUNCT
cjal-9251	275	35	,	,	PUNCT
cjal-9251	275	36	private	private	ADJ
cjal-9251	275	37	companies	company	NOUN
cjal-9251	275	38	face	face	VERB
cjal-9251	275	39	enormous	enormous	ADJ
cjal-9251	275	40	difficulties	difficulty	NOUN
cjal-9251	275	41	in	in	ADP
cjal-9251	275	42	securing	secure	VERB
cjal-9251	275	43	bank	bank	NOUN
cjal-9251	275	44	loans	loan	NOUN
cjal-9251	275	45	.	.	PUNCT
cjal-9251	276	1	70	70	NUM
cjal-9251	276	2	statistics	statistic	NOUN
cjal-9251	276	3	show	show	VERB
cjal-9251	276	4	that	that	SCONJ
cjal-9251	276	5	among	among	ADP
cjal-9251	276	6	56	56	NUM
cjal-9251	276	7	million	million	NUM
cjal-9251	276	8	micro	micro	ADJ
cjal-9251	276	9	and	and	CCONJ
cjal-9251	276	10	small	small	ADJ
cjal-9251	276	11	enterprises	enterprise	NOUN
cjal-9251	276	12	in	in	ADP
cjal-9251	276	13	china	china	PROPN
cjal-9251	276	14	's	's	PART
cjal-9251	276	15	indu	indu	NOUN
cjal-9251	276	16	strial	strial	ADJ
cjal-9251	276	17	and	and	CCONJ
cjal-9251	276	18	commercial	commercial	ADJ
cjal-9251	276	19	areas	area	NOUN
cjal-9251	276	20	,	,	PUNCT
cjal-9251	276	21	only	only	ADV
cjal-9251	276	22	11.9	11.9	NUM
cjal-9251	276	23	%	%	NOUN
cjal-9251	276	24	are	be	AUX
cjal-9251	276	25	able	able	ADJ
cjal-9251	276	26	to	to	PART
cjal-9251	276	27	obtain	obtain	VERB
cjal-9251	276	28	loans	loan	NOUN
cjal-9251	276	29	from	from	ADP
cjal-9251	276	30	banks	bank	NOUN
cjal-9251	276	31	.71	.71	NUM
cjal-9251	276	32	further	far	ADV
cjal-9251	276	33	,	,	PUNCT
cjal-9251	276	34	these	these	DET
cjal-9251	276	35	micro	micro	ADJ
cjal-9251	276	36	and	and	CCONJ
cjal-9251	276	37	small	small	ADJ
cjal-9251	276	38	enterprises	enterprise	NOUN
cjal-9251	276	39	receive	receive	VERB
cjal-9251	276	40	less	less	ADJ
cjal-9251	276	41	than	than	ADP
cjal-9251	276	42	25	25	NUM
cjal-9251	276	43	%	%	NOUN
cjal-9251	276	44	of	of	ADP
cjal-9251	276	45	the	the	DET
cjal-9251	276	46	loans	loan	NOUN
cjal-9251	276	47	extended	extend	VERB
cjal-9251	276	48	by	by	ADP
cjal-9251	276	49	stateowned	stateowne	VERB
cjal-9251	276	50	commercial	commercial	ADJ
cjal-9251	276	51	banks	bank	NOUN
cjal-9251	276	52	.	.	PUNCT
cjal-9251	277	1	72	72	NUM
cjal-9251	277	2	such	such	ADJ
cjal-9251	277	3	problem	problem	NOUN
cjal-9251	277	4	s	s	VERB
cjal-9251	277	5	with	with	ADP
cjal-9251	277	6	securing	secure	VERB
cjal-9251	277	7	debt	debt	NOUN
cjal-9251	277	8	financing	financing	NOUN
cjal-9251	277	9	are	be	AUX
cjal-9251	277	10	exacerbated	exacerbate	VERB
cjal-9251	277	11	for	for	ADP
cjal-9251	277	12	start	start	NOUN
cjal-9251	277	13	-	-	PUNCT
cjal-9251	277	14	ups	up	NOUN
cjal-9251	277	15	,	,	PUNCT
cjal-9251	277	16	which	which	PRON
cjal-9251	277	17	typically	typically	ADV
cjal-9251	277	18	have	have	VERB
cjal-9251	277	19	insufficient	insufficient	ADJ
cjal-9251	277	20	collateral	collateral	NOUN
cjal-9251	277	21	to	to	PART
cjal-9251	277	22	offer	offer	VERB
cjal-9251	277	23	as	as	ADP
cjal-9251	277	24	security	security	NOUN
cjal-9251	277	25	.	.	PUNCT
cjal-9251	278	1	73	73	NUM
cjal-9251	278	2	this	this	PRON
cjal-9251	278	3	inadvertently	inadvertently	ADV
cjal-9251	278	4	contributed	contribute	VERB
cjal-9251	278	5	to	to	ADP
cjal-9251	278	6	a	a	DET
cjal-9251	278	7	high	high	ADJ
cjal-9251	278	8	demand	demand	NOUN
cjal-9251	278	9	for	for	ADP
cjal-9251	278	10	vc	vc	PROPN
cjal-9251	278	11	as	as	ADP
cjal-9251	278	12	an	an	DET
cjal-9251	278	13	important	important	ADJ
cjal-9251	278	14	means	mean	NOUN
cjal-9251	278	15	of	of	ADP
cjal-9251	278	16	start	start	NOUN
cjal-9251	278	17	-	-	PUNCT
cjal-9251	278	18	up	up	ADP
cjal-9251	278	19	financing	financing	NOUN
cjal-9251	278	20	.	.	PUNCT
cjal-9251	279	1	in	in	ADP
cjal-9251	279	2	addition	addition	NOUN
cjal-9251	279	3	,	,	PUNCT
cjal-9251	279	4	china	china	PROPN
cjal-9251	279	5	's	's	PART
cjal-9251	279	6	gross	gross	ADJ
cjal-9251	279	7	domestic	domestic	ADJ
cjal-9251	279	8	produ	produ	NOUN
cjal-9251	279	9	ct	ct	INTJ
cjal-9251	279	10	(	(	PUNCT
cjal-9251	279	11	"	"	PUNCT
cjal-9251	279	12	gdp	gdp	NOUN
cjal-9251	279	13	"	"	PUNCT
cjal-9251	279	14	)	)	PUNCT
cjal-9251	279	15	growth	growth	NOUN
cjal-9251	279	16	rate	rate	NOUN
cjal-9251	279	17	fell	fall	VERB
cjal-9251	279	18	from	from	ADP
cjal-9251	279	19	10.4	10.4	NUM
cjal-9251	279	20	%	%	NOUN
cjal-9251	279	21	in	in	ADP
cjal-9251	279	22	2010	2010	NUM
cjal-9251	279	23	to	to	ADP
cjal-9251	279	24	6.918	6.918	NUM
cjal-9251	279	25	%	%	NOUN
cjal-9251	279	26	in	in	ADP
cjal-9251	279	27	2015	2015	NUM
cjal-9251	279	28	,	,	PUNCT
cjal-9251	279	29	74	74	NUM
cjal-9251	279	30	with	with	ADP
cjal-9251	279	31	traditional	traditional	ADJ
cjal-9251	279	32	economic	economic	ADJ
cjal-9251	279	33	sectors	sector	NOUN
cjal-9251	279	34	such	such	ADJ
cjal-9251	279	35	as	as	ADP
cjal-9251	279	36	manufacturing	manufacturing	NOUN
cjal-9251	279	37	and	and	CCONJ
cjal-9251	279	38	real	real	ADJ
cjal-9251	279	39	estate	estate	NOUN
cjal-9251	279	40	showing	show	VERB
cjal-9251	279	41	signs	sign	NOUN
cjal-9251	279	42	of	of	ADP
cjal-9251	279	43	weakening	weaken	VERB
cjal-9251	279	44	.	.	PUNCT
cjal-9251	280	1	75	75	NUM
cjal-9251	280	2	also	also	ADV
cjal-9251	280	3	,	,	PUNCT
cjal-9251	280	4	with	with	ADP
cjal-9251	280	5	a	a	DET
cjal-9251	280	6	population	population	NOUN
cjal-9251	280	7	of	of	ADP
cjal-9251	280	8	1.3	1.3	NUM
cjal-9251	280	9	billion	billion	NUM
cjal-9251	280	10	and	and	CCONJ
cjal-9251	280	11	a	a	DET
cjal-9251	280	12	labor	labor	NOUN
cjal-9251	280	13	force	force	NOUN
cjal-9251	280	14	of	of	ADP
cjal-9251	280	15	900	900	NUM
cjal-9251	280	16	million	million	NUM
cjal-9251	280	17	,	,	PUNCT
cjal-9251	280	18	china	china	PROPN
cjal-9251	280	19	faces	face	VERB
cjal-9251	280	20	strong	strong	ADJ
cjal-9251	280	21	pressure	pressure	NOUN
cjal-9251	280	22	to	to	PART
cjal-9251	280	23	address	address	VERB
cjal-9251	280	24	an	an	DET
cjal-9251	280	25	increasingly	increasingly	ADV
cjal-9251	280	26	significant	significant	ADJ
cjal-9251	280	27	unemployment	unemployment	NOUN
cjal-9251	280	28	issue	issue	NOUN
cjal-9251	280	29	.	.	PUNCT
cjal-9251	281	1	76	76	NUM
cjal-9251	282	1	it	it	PRON
cjal-9251	282	2	is	be	AUX
cjal-9251	282	3	thus	thus	ADV
cjal-9251	282	4	imperative	imperative	ADJ
cjal-9251	282	5	for	for	SCONJ
cjal-9251	282	6	the	the	DET
cjal-9251	282	7	government	government	NOUN
cjal-9251	282	8	to	to	PART
cjal-9251	282	9	foster	foster	VERB
cjal-9251	282	10	the	the	DET
cjal-9251	282	11	development	development	NOUN
cjal-9251	282	12	of	of	ADP
cjal-9251	282	13	high	high	ADJ
cjal-9251	282	14	-	-	PUNCT
cjal-9251	282	15	t	t	NOUN
cjal-9251	282	16	echnology	echnology	NOUN
cjal-9251	282	17	industries	industry	NOUN
cjal-9251	282	18	and	and	CCONJ
cjal-9251	282	19	a	a	DET
cjal-9251	282	20	knowledge	knowledge	NOUN
cjal-9251	282	21	-	-	PUNCT
cjal-9251	282	22	based	base	VERB
cjal-9251	282	23	economy	economy	NOUN
cjal-9251	282	24	to	to	PART
cjal-9251	282	25	enhance	enhance	VERB
cjal-9251	282	26	competitiveness	competitiveness	NOUN
cjal-9251	282	27	and	and	CCONJ
cjal-9251	282	28	promote	promote	VERB
cjal-9251	282	29	the	the	DET
cjal-9251	282	30	indu	indu	NOUN
cjal-9251	282	31	stry	stry	NOUN
cjal-9251	282	32	spoilted	spoilte	VERB
cjal-9251	282	33	by	by	ADP
cjal-9251	282	34	greed	greed	NOUN
cjal-9251	282	35	]	]	PUNCT
cjal-9251	282	36	,	,	PUNCT
cjal-9251	282	37	pintu	pintu	NOUN
cjal-9251	282	38	shangy	shangy	VERB
cjal-9251	282	39	e	e	PROPN
cjal-9251	282	40	pinglun	pinglun	X
cjal-9251	282	41	(	(	PUNCT
cjal-9251	282	42	.hi.0iilli	.hi.0iilli	X
cjal-9251	282	43	~	~	X
cjal-9251	282	44	w~	w~	NUM
cjal-9251	282	45	)	)	PUNCT
cjal-9251	283	1	[	[	X
cjal-9251	283	2	plntu360.com	plntu360.com	X
cjal-9251	283	3	)	)	PUNCT
cjal-9251	283	4	(	(	PUNCT
cjal-9251	283	5	feb	feb	X
cjal-9251	283	6	.	.	PROPN
cjal-9251	283	7	1	1	NUM
cjal-9251	283	8	,	,	PUNCT
cjal-9251	283	9	2016	2016	NUM
cjal-9251	283	10	)	)	PUNCT
cjal-9251	283	11	,	,	PUNCT
cjal-9251	283	12	http	http	X
cjal-9251	283	13	:	:	PUNCT
cjal-9251	283	14	//bit	//bit	X
cjal-9251	283	15	.	.	PUNCT
cjal-9251	284	1	ly/2si4nuu	ly/2si4nuu	NOUN
cjal-9251	284	2	.	.	PUNCT
cjal-9251	285	1	69	69	NUM
cjal-9251	285	2	lin	lin	PROPN
cjal-9251	285	3	,	,	PUNCT
cjal-9251	285	4	supra	supra	PROPN
cjal-9251	285	5	note	note	PROPN
cjal-9251	285	6	61	61	NUM
cjal-9251	285	7	,	,	PUNCT
cjal-9251	285	8	at	at	ADP
cjal-9251	285	9	18	18	NUM
cjal-9251	285	10	-	-	SYM
cjal-9251	285	11	19	19	NUM
cjal-9251	285	12	.	.	PUNCT
cjal-9251	285	13	70	70	NUM
cjal-9251	285	14	see	see	VERB
cjal-9251	285	15	lan	lan	PROPN
cjal-9251	285	16	yuping	yuping	PROPN
cjal-9251	285	17	01h~-'f	01h~-'f	PROPN
cjal-9251	285	18	)	)	PUNCT
cjal-9251	285	19	,	,	PUNCT
cjal-9251	286	1	fengxian	fengxian	PROPN
cjal-9251	286	2	touzi	touzi	PROPN
cjal-9251	286	3	ke	ke	PROPN
cjal-9251	286	4	you.tlao	you.tlao	PROPN
cjal-9251	286	5	jiejue	jiejue	PROPN
cjal-9251	286	6	zhongxiao	zhongxiao	PROPN
cjal-9251	286	7	qiye	qiye	PROPN
cjal-9251	286	8	rongzi	rongzi	PROPN
cjal-9251	286	9	nan	nan	PROPN
cjal-9251	286	10	(	(	PUNCT
cjal-9251	286	11	jxl.~ti~~~~-h/~cp	jxl.~ti~~~~-h/~cp	PROPN
cjal-9251	286	12	,	,	PUNCT
cjal-9251	286	13	j,1£~/m!~~	j,1£~/m!~~	NOUN
cjal-9251	286	14	)	)	PUNCT
cjal-9251	287	1	[	[	X
cjal-9251	287	2	venture	venture	NOUN
cjal-9251	287	3	capital	capital	NOUN
cjal-9251	287	4	can	can	AUX
cjal-9251	287	5	effectively	effectively	ADV
cjal-9251	287	6	soke	soke	VERB
cjal-9251	287	7	the	the	DET
cjal-9251	287	8	problem	problem	NOUN
cjal-9251	287	9	of	of	ADP
cjal-9251	287	10	capital	capital	NOUN
cjal-9251	287	11	financing	financing	NOUN
cjal-9251	287	12	of	of	ADP
cjal-9251	287	13	sniall	sniall	NOUN
cjal-9251	287	14	and	and	CCONJ
cjal-9251	287	15	medium	medium	ADJ
cjal-9251	287	16	enterprises	enterprise	NOUN
cjal-9251	287	17	]	]	PUNCT
cjal-9251	287	18	,	,	PUNCT
cjal-9251	287	19	guoji	guoji	NOUN
cjal-9251	287	20	rongzi	rongzi	NOUN
cjal-9251	287	21	(	(	PUNCT
cjal-9251	287	22	lilij;l!i!~	lilij;l!i!~	NOUN
cjal-9251	287	23	)	)	PUNCT
cjal-9251	288	1	[	[	X
cjal-9251	288	2	international	international	ADJ
cjal-9251	288	3	finan'cing	finan'cing	NOUN
cjal-9251	288	4	]	]	PUNCT
cjal-9251	288	5	(	(	PUNCT
cjal-9251	288	6	sep	sep	PROPN
cjal-9251	288	7	.	.	PROPN
cjal-9251	288	8	8	8	NUM
cjal-9251	288	9	,	,	PUNCT
cjal-9251	288	10	2010	2010	NUM
cjal-9251	288	11	)	)	PUNCT
cjal-9251	288	12	,	,	PUNCT
cjal-9251	288	13	http://bit.ly/2x2qsts	http://bit.ly/2x2qst	NOUN
cjal-9251	288	14	.	.	PUNCT
cjal-9251	289	1	71	71	NUM
cjal-9251	289	2	jiedai	jiedai	PROPN
cjal-9251	289	3	bao	bao	PROPN
cjal-9251	289	4	qiye	qiye	PROPN
cjal-9251	289	5	ban	ban	VERB
cjal-9251	289	6	heng	heng	PROPN
cjal-9251	289	7	kong	kong	PROPN
cjal-9251	289	8	chu	chu	PROPN
cjal-9251	289	9	shi	shi	PROPN
cjal-9251	289	10	,	,	PUNCT
cjal-9251	289	11	zhong	zhong	PROPN
cjal-9251	289	12	xiao	xiao	PROPN
cjal-9251	289	13	wei	wei	PROPN
cjal-9251	289	14	q	q	X
cjal-9251	289	15	'	'	PUNCT
cjal-9251	289	16	e	e	X
cjal-9251	289	17	ro	ro	X
cjal-9251	289	18	·	·	PUNCT
cjal-9251	289	19	youwang	youwang	PROPN
cjal-9251	289	20	chedi	chedi	PROPN
cjal-9251	289	21	pojie	pojie	NOUN
cjal-9251	289	22	(	(	PUNCT
cjal-9251	289	23	t	t	NOUN
cjal-9251	289	24	/	/	SYM
cjal-9251	289	25	ar1;'!::!ii1e~~~3!tll1	ar1;'!::!ii1e~~~3!tll1	NOUN
cjal-9251	289	26	!	!	PUNCT
cjal-9251	289	27	!	!	PUNCT
cjal-9251	290	1	:	:	PUNCT
cjal-9251	290	2	cp	cp	X
cjal-9251	290	3	,	,	PUNCT
cjal-9251	290	4	j,111'1::ie	j,111'1::ie	PROPN
cjal-9251	290	5	~	~	SYM
cjal-9251	290	6	l!l!!.rt~:fjihvj	l!l!!.rt~:fjihvj	NOUN
cjal-9251	290	7	/	/	SYM
cjal-9251	290	8	d:~~	d:~~	PROPN
cjal-9251	290	9	)	)	PUNCT
cjal-9251	291	1	[	[	X
cjal-9251	291	2	w~~i;n	w~~i;n	NUM
cjal-9251	291	3	launch	launch	NOUN
cjal-9251	291	4	of	of	ADP
cjal-9251	291	5	jiedaibao	jiedaibao	PROPN
cjal-9251	291	6	,	,	PUNCT
cjal-9251	291	7	smes	smes	PROPN
cjal-9251	291	8	'	'	PART
cjal-9251	291	9	financial	financial	ADJ
cjal-9251	291	10	gaps	gap	NOUN
cjal-9251	291	11	may	may	AUX
cjal-9251	291	12	be	be	AUX
cjal-9251	291	13	solv	solv	ADJ
cjal-9251	291	14	ed	ed	NOUN
cjal-9251	291	15	]	]	X
cjal-9251	291	16	,	,	PUNCT
cjal-9251	291	17	meiri	meiri	NOUN
cjal-9251	291	18	toutiao	toutiao	PROPN
cjal-9251	291	19	(	(	PUNCT
cjal-9251	291	20	$	$	SYM
cjal-9251	291	21	:	:	PUNCT
cjal-9251	291	22	'	'	PUNCT
cjal-9251	291	23	~	~	PUNCT
cjal-9251	292	1	[	[	X
cjal-9251	292	2	kknews.cc	kknews.cc	X
cjal-9251	292	3	]	]	X
cjal-9251	292	4	(	(	PUNCT
cjal-9251	292	5	mar	mar	PROPN
cjal-9251	292	6	.	.	PROPN
cjal-9251	292	7	1	1	NUM
cjal-9251	292	8	,	,	PUNCT
cjal-9251	292	9	2016	2016	NUM
cjal-9251	292	10	)	)	PUNCT
cjal-9251	292	11	,	,	PUNCT
cjal-9251	292	12	http	http	PROPN
cjal-9251	292	13	:	:	PUNCT
cjal-9251	292	14	//bit.ly/2v55yoa	//bit.ly/2v55yoa	PROPN
cjal-9251	292	15	.	.	PUNCT
cjal-9251	293	1	12	12	NUM
cjal-9251	294	1	i	i	PRON
cjal-9251	294	2	d.	d.	PROPN
cjal-9251	294	3	73	73	NUM
cjal-9251	294	4	lin	lin	PROPN
cjal-9251	294	5	lin	lin	PROPN
cjal-9251	294	6	,	,	PUNCT
cjal-9251	294	7	managing	manage	VERB
cjal-9251	294	8	the	the	DET
cjal-9251	294	9	ri	ri	PROPN
cjal-9251	294	10	sks	sk	NOUN
cjal-9251	294	11	of	of	ADP
cjal-9251	294	12	equity	equity	NOUN
cjal-9251	294	13	crowdfunding	crowdfunding	NOUN
cjal-9251	294	14	:	:	PUNCT
cjal-9251	294	15	lessons	lesson	NOUN
cjal-9251	294	16	f	f	PROPN
cjal-9251	294	17	ch	ch	PROPN
cjal-9251	294	18	·	·	PROPN
cjal-9251	294	19	2	2	NUM
cjal-9251	294	20	j	j	PROPN
cjal-9251	294	21	corp	corp	PROPN
cjal-9251	294	22	.	.	PROPN
cjal-9251	294	23	legal	legal	ADJ
cjal-9251	294	24	stud	stud	NOUN
cjal-9251	294	25	.	.	PUNCT
cjal-9251	295	1	327	327	NUM
cjal-9251	295	2	,	,	PUNCT
cjal-9251	295	3	329	329	NUM
cjal-9251	295	4	(	(	PUNCT
cjal-9251	295	5	2017	2017	NUM
cjal-9251	295	6	)	)	PUNCT
cjal-9251	295	7	.	.	PUNCT
cjal-9251	296	1	rom	rom	PROPN
cjal-9251	296	2	ma	ma	PROPN
cjal-9251	296	3	,	,	PUNCT
cjal-9251	296	4	·	·	PUNCT
cjal-9251	296	5	74	74	NUM
cjal-9251	296	6	gdp	gdp	NOUN
cjal-9251	296	7	growth	growth	NOUN
cjal-9251	296	8	(	(	PUNCT
cjal-9251	296	9	annual	annual	ADJ
cjal-9251	296	10	%	%	NOUN
cjal-9251	296	11	)	)	PUNCT
cjal-9251	296	12	,	,	PUNCT
cjal-9251	296	13	world	world	PROPN
cjal-9251	296	14	bank	bank	PROPN
cjal-9251	296	15	,	,	PUNCT
cjal-9251	296	16	http://bit.ly/2tp0ag	http://bit.ly/2tp0ag	X
cjal-9251	296	17	(	(	PUNCT
cjal-9251	296	18	l	l	NOUN
cjal-9251	296	19	·	·	PUNCT
cjal-9251	297	1	d	d	ADP
cjal-9251	297	2	2017	2017	NUM
cjal-9251	297	3	)	)	PUNCT
cjal-9251	297	4	.	.	PUNCT
cjal-9251	298	1	w	w	PROPN
cjal-9251	298	2	ast	ast	PROPN
cjal-9251	298	3	v1s1te	v1s1te	NOUN
cjal-9251	298	4	may	may	AUX
cjal-9251	298	5	24	24	NUM
cjal-9251	298	6	,	,	PUNCT
cjal-9251	298	7	'	'	PUNCT
cjal-9251	298	8	"	"	PUNCT
cjal-9251	298	9	mark	mark	NOUN
cjal-9251	298	10	magnier	magnier	NOUN
cjal-9251	298	11	,	,	PUNCT
cjal-9251	298	12	as	as	SCONJ
cjal-9251	298	13	growth	growth	NOUN
cjal-9251	298	14	slows	slow	VERB
cjal-9251	298	15	,	,	PUNCT
cjal-9251	298	16	china	china	PROPN
cjal-9251	298	17	highlights	highlights	PROPN
cjal-9251	298	18	tra	tra	PROPN
cjal-9251	298	19	·	·	PROPN
cjal-9251	298	20	t	t	PROPN
cjal-9251	298	21	·	·	PUNCT
cjal-9251	298	22	f	f	X
cjal-9251	298	23	.	.	PUNCT
cjal-9251	298	24	,	,	PUNCT
cjal-9251	298	25	.	.	PUNCT
cjal-9251	299	1	s	s	PART
cjal-9251	299	2	·	·	PUNCT
cjal-9251	299	3	w	w	PROPN
cjal-9251	299	4	s	s	NUM
cjal-9251	299	5	ns	ns	ADJ
cjal-9251	299	6	,	,	PUNCT
cjal-9251	299	7	ion	ion	NOUN
cjal-9251	299	8	rom	rom	NOUN
cjal-9251	299	9	manufacturing	manufacturing	NOUN
cjal-9251	299	10	to	to	ADP
cjal-9251	299	11	ervice	ervice	VERB
cjal-9251	299	12	,	,	PUNCT
cjal-9251	299	13	all	all	DET
cjal-9251	299	14	t.	t.	PROPN
cjal-9251	299	15	j.	j.	PROPN
cjal-9251	300	1	(	(	PUNCT
cjal-9251	300	2	jan	jan	PROPN
cjal-9251	300	3	19	19	NUM
cjal-9251	300	4	,	,	PUNCT
cjal-9251	300	5	2016	2016	NUM
cjal-9251	300	6	)	)	PUNCT
cjal-9251	300	7	,	,	PUNCT
cjal-9251	300	8	http://on.wsj.com/lkpyck5	http://on.wsj.com/lkpyck5	PROPN
cjal-9251	300	9	76	76	NUM
cjal-9251	300	10	press	press	NOUN
cjal-9251	300	11	release	release	NOUN
cjal-9251	300	12	,	,	PUNCT
cjal-9251	300	13	guowuyuan	guowuyuan	PROPN
cjal-9251	300	14	(	(	PUNCT
cjal-9251	300	15	~	~	PUNCT
cjal-9251	300	16	)	)	PUNCT
cjal-9251	301	1	[	[	X
cjal-9251	301	2	state	state	NOUN
cjal-9251	301	3	council	council	PROPN
cjal-9251	301	4	]	]	X
cjal-9251	301	5	g	g	PROPN
cjal-9251	301	6	.	.	PUNCT
cjal-9251	302	1	tuijin	tuijin	PROPN
cjal-9251	302	2	dazbong	dazbong	PROPN
cjal-9251	302	3	chuangye	chuangye	NOUN
cjal-9251	302	4	wanzhong	wanzhong	PROPN
cjal-9251	302	5	chuangxin	chuangxin	PROPN
cjal-9251	302	6	ruo	ruo	PROPN
cjal-9251	302	7	a	a	DET
cjal-9251	302	8	zh	zh	PROPN
cjal-9251	302	9	'	'	PUNCT
cjal-9251	302	10	uowu	uowu	NOUN
cjal-9251	302	11	~	~	X
cjal-9251	302	12	an	an	DET
cjal-9251	302	13	g:~anyu	g:~anyu	ADJ
cjal-9251	302	14	dali	dali	NOUN
cjal-9251	303	1	x'f	x'f	PROPN
cjal-9251	303	2	:	:	PUNCT
cjal-9251	303	3	k	k	X
cjal-9251	303	4	/	/	SYM
cjal-9251	303	5	jfft	jfft	NOUN
cjal-9251	303	6	:	:	PUNCT
cjal-9251	303	7	itt	itt	ADJ
cjal-9251	303	8	:	:	PUNCT
cjal-9251	303	9	k.a¤1	k.a¤1	PROPN
cjal-9251	303	10	~	~	PROPN
cjal-9251	303	11	nai!tlffi'6'-'fil3(jltfli""'"'j	nai!tlffi'6'-'fil3(jltfli""'"'j	PROPN
cjal-9251	303	12	*	*	NOUN
cjal-9251	303	13	iii	iii	NOUN
cjal-9251	303	14	)	)	PUNCT
cjal-9251	304	1	[	[	X
cjal-9251	304	2	v~	v~	PROPN
cjal-9251	304	3	.	.	PUNCT
cjal-9251	304	4	efngce	efngce	PROPN
cjal-9251	304	5	cuoshi	cuoshi	PROPN
cjal-9251	304	6	de	de	ADP
cjal-9251	304	7	y1j1an	y1j1an	PROPN
cjal-9251	304	8	(	(	PUNCT
cjal-9251	304	9	ie	ie	X
cjal-9251	304	10	~	~	NOUN
cjal-9251	304	11	iije	iije	NOUN
cjal-9251	304	12	w	w	NOUN
cjal-9251	304	13	=	=	SYM
cjal-9251	304	14	u	u	NOUN
cjal-9251	304	15	,	,	PUNCT
cjal-9251	304	16	.e.;,c	.e.;,c	PROPN
cjal-9251	304	17	.	.	PUNCT
cjal-9251	305	1	iews	iews	PROPN
cjal-9251	305	2	o	o	PROPN
cjal-9251	306	1	the	the	DET
cjal-9251	306	2	state	state	PROPN
cjal-9251	306	3	council	council	PROPN
cjal-9251	306	4	p	p	PROPN
cjal-9251	306	5	li	li	PROPN
cjal-9251	306	6	measures	measure	NOUN
cjal-9251	306	7	relating	relate	VERB
cjal-9251	306	8	to	to	ADP
cjal-9251	306	9	mass	mass	ADJ
cjal-9251	306	10	entrepreneurship	entrepreneurship	NOUN
cjal-9251	306	11	]	]	PUNCT
cjal-9251	306	12	(	(	PUNCT
cjal-9251	306	13	june	june	PROPN
cjal-9251	306	14	16	16	NUM
cjal-9251	306	15	20l-	20l-	NUM
cjal-9251	306	16	)	)	PUNCT
cjal-9251	306	17	h	h	NOUN
cjal-9251	306	18	t	t	PROPN
cjal-9251	306	19	/	/	SYM
cjal-9251	306	20	b	b	PROPN
cjal-9251	306	21	·	·	PUNCT
cjal-9251	306	22	on	on	ADP
cjal-9251	306	23	°	°	NOUN
cjal-9251	306	24	cy	cy	PROPN
cjal-9251	306	25	.	.	PUNCT
cjal-9251	306	26	'	'	PUNCT
cjal-9251	307	1	o	o	INTJ
cjal-9251	307	2	,	,	PUNCT
cjal-9251	307	3	ttp	ttp	PROPN
cjal-9251	307	4	:	:	PUNCT
cjal-9251	307	5	1t.ly/2tl	1t.ly/2tl	NUM
cjal-9251	307	6	q90h	q90h	NOUN
cjal-9251	307	7	.	.	PROPN
cjal-9251	307	8	2017	2017	NUM
cjal-9251	307	9	]	]	PUNCT
cjal-9251	307	10	engineering	engineer	VERB
cjal-9251	307	11	a	a	DET
cjal-9251	307	12	venture	venture	NOUN
cjal-9251	307	13	capital	capital	NOUN
cjal-9251	307	14	market	market	NOUN
cjal-9251	307	15	171	171	NUM
cjal-9251	307	16	sustainable	sustainable	ADJ
cjal-9251	307	17	growth	growth	NOUN
cjal-9251	307	18	.	.	PUNCT
cjal-9251	308	1	developing	develop	VERB
cjal-9251	308	2	a	a	DET
cjal-9251	308	3	national	national	ADJ
cjal-9251	308	4	vc	vc	PROPN
cjal-9251	308	5	market	market	NOUN
cjal-9251	308	6	is	be	AUX
cjal-9251	308	7	therefore	therefore	ADV
cjal-9251	308	8	high	high	ADJ
cjal-9251	308	9	on	on	ADP
cjal-9251	308	10	the	the	DET
cjal-9251	308	11	agenda	agenda	NOUN
cjal-9251	308	12	of	of	ADP
cjal-9251	308	13	the	the	DET
cjal-9251	308	14	chinese	chinese	ADJ
cjal-9251	308	15	government	government	NOUN
cjal-9251	308	16	.	.	PUNCT
cjal-9251	309	1	2	2	X
cjal-9251	309	2	.	.	X
cjal-9251	309	3	increasing	increase	VERB
cjal-9251	309	4	capital	capital	NOUN
cjal-9251	309	5	supply	supply	NOUN
cjal-9251	309	6	via	via	ADP
cjal-9251	309	7	government	government	NOUN
cjal-9251	309	8	guidance	guidance	NOUN
cjal-9251	309	9	funds	fund	NOUN
cjal-9251	309	10	funds	fund	NOUN
cjal-9251	309	11	for	for	ADP
cjal-9251	309	12	vc	vc	PROPN
cjal-9251	309	13	investment	investment	NOUN
cjal-9251	309	14	can	can	AUX
cjal-9251	309	15	be	be	AUX
cjal-9251	309	16	divided	divide	VERB
cjal-9251	309	17	into	into	ADP
cjal-9251	309	18	two	two	NUM
cjal-9251	309	19	types	type	NOUN
cjal-9251	309	20	depending	depend	VERB
cjal-9251	309	21	on	on	ADP
cjal-9251	309	22	their	their	PRON
cjal-9251	309	23	source	source	NOUN
cjal-9251	309	24	:	:	PUNCT
cjal-9251	309	25	government	government	NOUN
cjal-9251	309	26	funding	funding	NOUN
cjal-9251	309	27	77	77	NUM
cjal-9251	309	28	and	and	CCONJ
cjal-9251	309	29	private	private	ADJ
cjal-9251	309	30	funding	funding	NOUN
cjal-9251	309	31	.	.	PUNCT
cjal-9251	310	1	government	government	NOUN
cjal-9251	310	2	funding	funding	NOUN
cjal-9251	310	3	has	have	AUX
cjal-9251	310	4	been	be	AUX
cjal-9251	310	5	recognized	recognize	VERB
cjal-9251	310	6	as	as	ADP
cjal-9251	310	7	one	one	NUM
cjal-9251	310	8	of	of	ADP
cjal-9251	310	9	the	the	DET
cjal-9251	310	10	most	most	ADV
cjal-9251	310	11	important	important	ADJ
cjal-9251	310	12	sources	source	NOUN
cjal-9251	310	13	of	of	ADP
cjal-9251	310	14	funding	funding	NOUN
cjal-9251	310	15	for	for	ADP
cjal-9251	310	16	fueling	fuel	VERB
cjal-9251	310	17	entrepreneurship	entrepreneurship	NOUN
cjal-9251	310	18	across	across	ADP
cjal-9251	310	19	countries	country	NOUN
cjal-9251	310	20	,	,	PUNCT
cjal-9251	310	21	after	after	ADP
cjal-9251	310	22	bank	bank	NOUN
cjal-9251	310	23	credit	credit	NOUN
cjal-9251	310	24	.	.	PUNCT
cjal-9251	311	1	78	78	NUM
cjal-9251	311	2	many	many	ADJ
cjal-9251	311	3	countries	country	NOUN
cjal-9251	311	4	have	have	AUX
cjal-9251	311	5	issued	issue	VERB
cjal-9251	311	6	various	various	ADJ
cjal-9251	311	7	government	government	NOUN
cjal-9251	311	8	programs	program	NOUN
cjal-9251	311	9	to	to	PART
cjal-9251	311	10	support	support	VERB
cjal-9251	311	11	entrepreneurial	entrepreneurial	ADJ
cjal-9251	311	12	businesses	business	NOUN
cjal-9251	311	13	,	,	PUNCT
cjal-9251	311	14	typically	typically	ADV
cjal-9251	311	15	through	through	ADP
cjal-9251	311	16	setting	set	VERB
cjal-9251	311	17	up	up	ADP
cjal-9251	311	18	government	government	NOUN
cjal-9251	311	19	-	-	PUNCT
cjal-9251	311	20	sponsored	sponsor	VERB
cjal-9251	311	21	funds	fund	NOUN
cjal-9251	311	22	to	to	PART
cjal-9251	311	23	make	make	VERB
cjal-9251	311	24	investments	investment	NOUN
cjal-9251	311	25	in	in	ADP
cjal-9251	311	26	start	start	NOUN
cjal-9251	311	27	-	-	PUNCT
cjal-9251	311	28	ups	up	NOUN
cjal-9251	311	29	.	.	PUNCT
cjal-9251	312	1	recent	recent	ADJ
cjal-9251	312	2	examples	example	NOUN
cjal-9251	312	3	include	include	VERB
cjal-9251	312	4	new	new	PROPN
cjal-9251	312	5	zealand	zealand	PROPN
cjal-9251	312	6	's	's	PART
cjal-9251	312	7	venture	venture	NOUN
cjal-9251	312	8	investment	investment	NOUN
cjal-9251	312	9	fund	fund	NOUN
cjal-9251	312	10	(	(	PUNCT
cjal-9251	312	11	"	"	PUNCT
cjal-9251	312	12	nzvif")79	nzvif")79	PROPN
cjal-9251	312	13	and	and	CCONJ
cjal-9251	312	14	singapore	singapore	PROPN
cjal-9251	312	15	's	's	PART
cjal-9251	312	16	early	early	ADJ
cjal-9251	312	17	stage	stage	NOUN
cjal-9251	312	18	venture	venture	NOUN
cjal-9251	312	19	fund	fund	NOUN
cjal-9251	312	20	(	(	PUNCT
cjal-9251	312	21	"	"	PUNCT
cjal-9251	312	22	esvf	esvf	NOUN
cjal-9251	312	23	"	"	PUNCT
cjal-9251	312	24	)	)	PUNCT
cjal-9251	312	25	program.so	program.so	NOUN
cjal-9251	312	26	in	in	ADP
cjal-9251	312	27	china	china	PROPN
cjal-9251	312	28	,	,	PUNCT
cjal-9251	312	29	vc	vc	PROPN
cjal-9251	312	30	funding	funding	NOUN
cjal-9251	312	31	has	have	AUX
cjal-9251	312	32	been	be	AUX
cjal-9251	312	33	provided	provide	VERB
cjal-9251	312	34	to	to	ADP
cjal-9251	312	35	tech	tech	ADJ
cjal-9251	312	36	start	start	NOUN
cjal-9251	312	37	-	-	PUNCT
cjal-9251	312	38	ups	up	NOUN
cjal-9251	312	39	through	through	ADP
cjal-9251	312	40	government	government	NOUN
cjal-9251	312	41	-	-	PUNCT
cjal-9251	312	42	sponsored	sponsor	VERB
cjal-9251	312	43	programs	program	NOUN
cjal-9251	312	44	,	,	PUNCT
cjal-9251	312	45	particularly	particularly	ADV
cjal-9251	312	46	through	through	ADP
cjal-9251	312	47	government	government	NOUN
cjal-9251	312	48	guidance	guidance	NOUN
cjal-9251	312	49	funds	fund	NOUN
cjal-9251	312	50	(	(	PUNCT
cjal-9251	312	51	"	"	PUNCT
cjal-9251	312	52	ggf	ggf	PROPN
cjal-9251	312	53	"	"	PUNCT
cjal-9251	312	54	)	)	PUNCT
cjal-9251	312	55	(	(	PUNCT
cjal-9251	312	56	zhengfu	zhengfu	PROPN
cjal-9251	312	57	yindao	yindao	VERB
cjal-9251	312	58	jijin	jijin	PROPN
cjal-9251	312	59	)	)	PUNCT
cjal-9251	312	60	,	,	PUNCT
cjal-9251	312	61	which	which	PRON
cjal-9251	312	62	are	be	AUX
cjal-9251	312	63	designed	design	VERB
cjal-9251	312	64	to	to	PART
cjal-9251	312	65	increase	increase	VERB
cjal-9251	312	66	the	the	DET
cjal-9251	312	67	supply	supply	NOUN
cjal-9251	312	68	of	of	ADP
cjal-9251	312	69	vc	vc	PROPN
cjal-9251	312	70	to	to	ADP
cjal-9251	312	71	early	early	ADJ
cjal-9251	312	72	-	-	PUNCT
cjal-9251	312	73	stage	stage	NOUN
cjal-9251	312	74	enterprises	enterprise	NOUN
cjal-9251	312	75	and	and	CCONJ
cjal-9251	312	76	implement	implement	VERB
cjal-9251	312	77	national	national	ADJ
cjal-9251	312	78	industrial	industrial	ADJ
cjal-9251	312	79	policy	policy	NOUN
cjal-9251	312	80	by	by	ADP
cjal-9251	312	81	directing	direct	VERB
cjal-9251	312	82	capital	capital	NOUN
cjal-9251	312	83	into	into	ADP
cjal-9251	312	84	government	government	NOUN
cjal-9251	312	85	encouraged	encourage	VERB
cjal-9251	312	86	innovative	innovative	ADJ
cjal-9251	312	87	industries.s	industries.s	NUM
cjal-9251	312	88	1	1	NUM
cjal-9251	312	89	the	the	DET
cjal-9251	312	90	size	size	NOUN
cjal-9251	312	91	of	of	ADP
cjal-9251	312	92	the	the	DET
cjal-9251	312	93	government	government	NOUN
cjal-9251	312	94	program	program	NOUN
cjal-9251	312	95	is	be	AUX
cjal-9251	312	96	important	important	ADJ
cjal-9251	312	97	to	to	ADP
cjal-9251	312	98	vc	vc	PROPN
cjal-9251	312	99	financing	financing	NOUN
cjal-9251	312	100	.	.	PUNCT
cjal-9251	313	1	a	a	DET
cjal-9251	313	2	public	public	ADJ
cjal-9251	313	3	program	program	NOUN
cjal-9251	313	4	that	that	PRON
cjal-9251	313	5	is	be	AUX
cjal-9251	313	6	too	too	ADV
cjal-9251	313	7	small	small	ADJ
cjal-9251	313	8	would	would	AUX
cjal-9251	313	9	hardly	hardly	ADV
cjal-9251	313	10	have	have	VERB
cjal-9251	313	11	any	any	DET
cjal-9251	313	12	impact	impact	NOUN
cjal-9251	313	13	on	on	ADP
cjal-9251	313	14	a	a	DET
cjal-9251	313	15	large	large	ADJ
cjal-9251	313	16	and	and	CCONJ
cjal-9251	313	17	diverse	diverse	ADJ
cjal-9251	313	18	economy	economy	NOUN
cjal-9251	313	19	,	,	PUNCT
cjal-9251	313	20	while	while	SCONJ
cjal-9251	313	21	a	a	DET
cjal-9251	313	22	program	program	NOUN
cjal-9251	313	23	that	that	PRON
cjal-9251	313	24	is	be	AUX
cjal-9251	313	25	too	too	ADV
cjal-9251	313	26	large	large	ADJ
cjal-9251	313	27	might	might	AUX
cjal-9251	313	28	crowd	crowd	VERB
cjal-9251	313	29	out	out	ADP
cjal-9251	313	30	private	private	ADJ
cjal-9251	313	31	funding	funding	NOUN
cjal-9251	313	32	and	and	CCONJ
cjal-9251	313	33	obstruct	obstruct	VERB
cjal-9251	313	34	market	market	NOUN
cjal-9251	313	35	forces	force	NOUN
cjal-9251	313	36	in	in	ADP
cjal-9251	313	37	the	the	DET
cjal-9251	313	38	allocation	allocation	NOUN
cjal-9251	313	39	of	of	ADP
cjal-9251	313	40	start	start	NOUN
cjal-9251	313	41	-	-	PUNCT
cjal-9251	313	42	up	up	NOUN
cjal-9251	313	43	financing.8	financing.8	PROPN
cjal-9251	313	44	2	2	NUM
cjal-9251	313	45	also	also	ADV
cjal-9251	313	46	,	,	PUNCT
cjal-9251	313	47	small	small	ADJ
cjal-9251	313	48	firms	firm	NOUN
cjal-9251	313	49	typically	typically	ADV
cjal-9251	313	50	face	face	VERB
cjal-9251	313	51	great	great	ADJ
cjal-9251	313	52	difficulties	difficulty	NOUN
cjal-9251	313	53	in	in	ADP
cjal-9251	313	54	raising	raise	VERB
cjal-9251	313	55	capital	capital	NOUN
cjal-9251	313	56	,	,	PUNCT
cjal-9251	313	57	due	due	ADP
cjal-9251	313	58	to	to	ADP
cjal-9251	313	59	information	information	NOUN
cjal-9251	313	60	asymmetry	asymmetry	NOUN
cjal-9251	313	61	between	between	ADP
cjal-9251	313	62	entrepreneurs	entrepreneur	NOUN
cjal-9251	313	63	and	and	CCONJ
cjal-9251	313	64	investors.s	investors.s	PROPN
cjal-9251	313	65	3	3	NUM
cjal-9251	313	66	government	government	NOUN
cjal-9251	313	67	funds	fund	NOUN
cjal-9251	313	68	are	be	AUX
cjal-9251	313	69	advantageous	advantageous	ADJ
cjal-9251	313	70	as	as	SCONJ
cjal-9251	313	71	they	they	PRON
cjal-9251	313	72	have	have	VERB
cjal-9251	313	73	an	an	DET
cjal-9251	313	74	"	"	PUNCT
cjal-9251	313	75	a	a	DET
cjal-9251	313	76	dd	dd	VERB
cjal-9251	313	77	-	-	PUNCT
cjal-9251	313	78	on	on	ADJ
cjal-9251	313	79	effect	effect	NOUN
cjal-9251	313	80	"	"	PUNCT
cjal-9251	313	81	in	in	ADP
cjal-9251	313	82	raising	raise	VERB
cjal-9251	313	83	capital	capital	NOUN
cjal-9251	313	84	:	:	PUNCT
cjal-9251	313	85	with	with	ADP
cjal-9251	313	86	proper	proper	ADJ
cjal-9251	313	87	structuring	structuring	NOUN
cjal-9251	313	88	,	,	PUNCT
cjal-9251	313	89	investors	investor	NOUN
cjal-9251	313	90	are	be	AUX
cjal-9251	313	91	willing	willing	ADJ
cjal-9251	313	92	to	to	PART
cjal-9251	313	93	invest	invest	VERB
cjal-9251	313	94	in	in	ADP
cjal-9251	313	95	such	such	ADJ
cjal-9251	313	96	funds	fund	NOUN
cjal-9251	313	97	once	once	SCONJ
cjal-9251	313	98	government	government	NOUN
cjal-9251	313	99	investors	investor	NOUN
cjal-9251	313	100	have	have	AUX
cjal-9251	313	101	taken	take	VERB
cjal-9251	313	102	the	the	DET
cjal-9251	313	103	lead.84	lead.84	PROPN
cjal-9251	313	104	n	n	PROPN
cjal-9251	313	105	in	in	ADP
cjal-9251	313	106	this	this	DET
cjal-9251	313	107	article	article	NOUN
cjal-9251	313	108	,	,	PUNCT
cjal-9251	313	109	government	government	NOUN
cjal-9251	313	110	funding	funding	NOUN
cjal-9251	313	111	typically	typically	ADV
cjal-9251	313	112	refers	refer	VERB
cjal-9251	313	113	to	to	ADP
cjal-9251	313	114	the	the	DET
cjal-9251	313	115	capital	capital	NOUN
cjal-9251	313	116	provided	provide	VERB
cjal-9251	313	117	by	by	ADP
cjal-9251	313	118	central	central	ADJ
cjal-9251	313	119	and	and	CCONJ
cjal-9251	313	120	local	local	ADJ
cjal-9251	313	121	governments	government	NOUN
cjal-9251	313	122	.	.	PUNCT
cjal-9251	314	1	78	78	NUM
cjal-9251	314	2	see	see	VERB
cjal-9251	314	3	the	the	DET
cjal-9251	314	4	ey	ey	PRON
cjal-9251	314	5	g20	g20	NOUN
cjal-9251	314	6	entrepreneurship	entrepreneurship	NOUN
cjal-9251	314	7	barometer	barometer	NOUN
cjal-9251	314	8	2013	2013	NUM
cjal-9251	314	9	,	,	PUNCT
cjal-9251	314	10	ernst	ernst	PROPN
cjal-9251	314	11	&	&	CCONJ
cjal-9251	314	12	young	young	PROPN
cjal-9251	314	13	(	(	PUNCT
cjal-9251	314	14	2013	2013	NUM
cjal-9251	314	15	)	)	PUNCT
cjal-9251	314	16	,	,	PUNCT
cjal-9251	314	17	https	https	NOUN
cjal-9251	314	18	:	:	PUNCT
cjal-9251	314	19	//go.ey.co	//go.ey.co	PUNCT
cjal-9251	314	20	m/2uqmw7b	m/2uqmw7b	NOUN
cjal-9251	314	21	.	.	PUNCT
cjal-9251	315	1	see	see	VERB
cjal-9251	315	2	also	also	ADV
cjal-9251	315	3	ernst	ernst	PROPN
cjal-9251	315	4	&	&	CCONJ
cjal-9251	315	5	young	young	PROPN
cjal-9251	315	6	,	,	PUNCT
cjal-9251	315	7	adapi'ing	adapi'e	VERB
cjal-9251	315	8	and	and	CCONJ
cjal-9251	315	9	evolving	evolve	VERB
cjal-9251	315	10	:	:	PUNCT
cjal-9251	315	11	global	global	ADJ
cjal-9251	315	12	venture	venture	NOUN
cjal-9251	315	13	capital	capital	NOUN
cjal-9251	315	14	insights	insight	NOUN
cjal-9251	315	15	and	and	CCONJ
cjal-9251	315	16	trends	trend	NOUN
cjal-9251	315	17	2014	2014	NUM
cjal-9251	315	18	(	(	PUNCT
cjal-9251	315	19	2014	2014	NUM
cjal-9251	315	20	)	)	PUNCT
cjal-9251	315	21	,	,	PUNCT
cjal-9251	315	22	at	at	ADP
cjal-9251	315	23	14	14	NUM
cjal-9251	315	24	,	,	PUNCT
cjal-9251	315	25	available	available	ADJ
cjal-9251	315	26	at	at	ADP
cjal-9251	315	27	https	https	NOUN
cjal-9251	315	28	:	:	PUNCT
cjal-9251	315	29	//go.ey.com	//go.ey.com	PUNCT
cjal-9251	315	30	/	/	SYM
cjal-9251	315	31	lgw404b	lgw404b	X
cjal-9251	316	1	[	[	X
cjal-9251	316	2	hereinafter	hereinafter	NOUN
cjal-9251	316	3	ernst	ernst	PROPN
cjal-9251	316	4	&	&	CCONJ
cjal-9251	316	5	young	young	ADJ
cjal-9251	316	6	-	-	PUNCT
cjal-9251	316	7	trends	trend	NOUN
cjal-9251	316	8	2014	2014	NUM
cjal-9251	316	9	]	]	PUNCT
cjal-9251	316	10	.	.	PUNCT
cjal-9251	316	11	19	19	NUM
cjal-9251	316	12	for	for	ADP
cjal-9251	316	13	a	a	DET
cjal-9251	316	14	detailed	detailed	ADJ
cjal-9251	316	15	analysis	analysis	NOUN
cjal-9251	316	16	of	of	ADP
cjal-9251	316	17	the	the	DET
cjal-9251	316	18	program	program	NOUN
cjal-9251	316	19	,	,	PUNCT
cjal-9251	316	20	see	see	VERB
cjal-9251	316	21	josh	josh	PROPN
cjal-9251	316	22	lerner	lerner	PROPN
cjal-9251	316	23	et	et	PROPN
cjal-9251	316	24	al	al	PROPN
cjal-9251	316	25	.	.	PROPN
cjal-9251	316	26	,	,	PUNCT
cjal-9251	316	27	a	a	DET
cjal-9251	316	28	study	study	NOUN
cjal-9251	316	29	of	of	ADP
cjal-9251	316	30	new	new	PROPN
cjal-9251	316	31	zealand	zealand	PROPN
cjal-9251	316	32	venture	venture	NOUN
cjal-9251	316	33	capital	capital	NOUN
cjal-9251	316	34	and	and	CCONJ
cjal-9251	316	35	private	private	ADJ
cjal-9251	316	36	equity	equity	NOUN
cjal-9251	316	37	market	market	NOUN
cjal-9251	316	38	and	and	CCONJ
cjal-9251	316	39	implications	implication	NOUN
cjal-9251	316	40	for	for	ADP
cjal-9251	316	41	public	public	ADJ
cjal-9251	316	42	policy	policy	NOUN
cjal-9251	316	43	(	(	PUNCT
cjal-9251	316	44	lecg	lecg	PROPN
cjal-9251	316	45	2005	2005	NUM
cjal-9251	316	46	)	)	PUNCT
cjal-9251	316	47	,	,	PUNCT
cjal-9251	316	48	available	available	ADJ
cjal-9251	316	49	at	at	ADP
cjal-9251	316	50	http://bit.ly/2ujnhqt	http://bit.ly/2ujnhqt	PROPN
cjal-9251	316	51	.	.	PUNCT
cjal-9251	317	1	so	so	ADV
cjal-9251	317	2	terence	terence	PROPN
cjal-9251	317	3	lee	lee	PROPN
cjal-9251	317	4	,	,	PUNCT
cjal-9251	317	5	singapore	singapore	PROPN
cjal-9251	317	6	government	government	PROPN
cjal-9251	317	7	to	to	PART
cjal-9251	317	8	pump	pump	VERB
cjal-9251	317	9	$	$	SYM
cjal-9251	317	10	48	48	NUM
cjal-9251	317	11	million	million	NUM
cjal-9251	317	12	into	into	ADP
cjal-9251	317	13	six	six	NUM
cjal-9251	317	14	venture	venture	NOUN
cjal-9251	317	15	capital	capital	NOUN
cjal-9251	317	16	funds	fund	NOUN
cjal-9251	317	17	,	,	PUNCT
cjal-9251	317	18	techlnasia	techlnasia	NOUN
cjal-9251	317	19	(	(	PUNCT
cjal-9251	317	20	apr	apr	NOUN
cjal-9251	317	21	.	.	PROPN
cjal-9251	317	22	22	22	NUM
cjal-9251	317	23	,	,	PUNCT
cjal-9251	317	24	2014	2014	NUM
cjal-9251	317	25	)	)	PUNCT
cjal-9251	317	26	,	,	PUNCT
cjal-9251	317	27	http://bit.ly/2ujlpgu	http://bit.ly/2ujlpgu	PROPN
cjal-9251	317	28	.	.	PUNCT
cjal-9251	318	1	81	81	NUM
cjal-9251	318	2	see	see	VERB
cjal-9251	318	3	guanyu	guanyu	PROPN
cjal-9251	318	4	changye	changye	PROPN
cjal-9251	319	1	touzi	touzi	PROPN
cjal-9251	319	2	yindao	yindao	AUX
cjal-9251	319	3	jijin	jijin	PROPN
cjal-9251	319	4	guifan	guifan	PROPN
cjal-9251	319	5	shelin	shelin	PROPN
cjal-9251	319	6	yu	yu	PROPN
cjal-9251	319	7	yunzuo	yunzuo	PROPN
cjal-9251	319	8	de	de	PROPN
cjal-9251	319	9	zhidao	zhidao	PROPN
cjal-9251	319	10	yijian	yijian	PROPN
cjal-9251	319	11	(	(	PUNCT
cjal-9251	319	12	~'f¤1j	~'f¤1j	X
cjal-9251	319	13	~	~	SYM
cjal-9251	319	14	jj	jj	PROPN
cjal-9251	319	15	:	:	PUNCT
cjal-9251	319	16	l:!f51#l.li:&~w:12:.:fz:~mft	l:!f51#l.li:&~w:12:.:fz:~mft	PROPN
cjal-9251	319	17	=	=	NOUN
cjal-9251	319	18	l'mli~:f:.w	l'mli~:f:.w	PROPN
cjal-9251	319	19	.	.	PUNCT
cjal-9251	319	20	)	)	PUNCT
cjal-9251	320	1	[	[	X
cjal-9251	320	2	opinion	opinion	NOUN
cjal-9251	320	3	on	on	ADP
cjal-9251	320	4	venture	venture	NOUN
cjal-9251	320	5	capital	capital	NOUN
cjal-9251	320	6	fund	fund	NOUN
cjal-9251	320	7	specifications	specification	NOUN
cjal-9251	320	8	and	and	CCONJ
cjal-9251	320	9	operational	operational	ADJ
cjal-9251	320	10	guidance	guidance	NOUN
cjal-9251	320	11	]	]	X
cjal-9251	320	12	(	(	PUNCT
cjal-9251	320	13	promulgated	promulgate	VERB
cjal-9251	320	14	by	by	ADP
cjal-9251	320	15	the	the	DET
cjal-9251	320	16	st	st	PROPN
cjal-9251	320	17	.	.	PROPN
cjal-9251	320	18	admin	admin	PROPN
cjal-9251	320	19	.	.	PUNCT
cjal-9251	321	1	for	for	ADP
cjal-9251	321	2	industry	industry	NOUN
cjal-9251	321	3	and	and	CCONJ
cjal-9251	321	4	commerce	commerce	PROPN
cjal-9251	321	5	,	,	PUNCT
cjal-9251	321	6	oct	oct	PROPN
cjal-9251	321	7	.	.	PROPN
cjal-9251	321	8	18	18	NUM
cjal-9251	321	9	,	,	PUNCT
cjal-9251	321	10	2008	2008	NUM
cjal-9251	321	11	)	)	PUNCT
cjal-9251	321	12	,	,	PUNCT
cjal-9251	321	13	http://bit.ly/2s3806c	http://bit.ly/2s3806c	PROPN
cjal-9251	321	14	.	.	PROPN
cjal-9251	321	15	82	82	NUM
cjal-9251	321	16	lerner	lerner	PROPN
cjal-9251	321	17	,	,	PUNCT
cjal-9251	321	18	supra	supra	PROPN
cjal-9251	321	19	note	note	PROPN
cjal-9251	321	20	5	5	NUM
cjal-9251	321	21	,	,	PUNCT
cjal-9251	321	22	at	at	ADP
cjal-9251	321	23	117	117	NUM
cjal-9251	321	24	-	-	SYM
cjal-9251	321	25	19	19	NUM
cjal-9251	321	26	.	.	NOUN
cjal-9251	321	27	83	83	NUM
cjal-9251	322	1	i	i	PRON
cjal-9251	322	2	d.	d.	PROPN
cjal-9251	322	3	at	at	ADP
cjal-9251	322	4	69	69	NUM
cjal-9251	322	5	.	.	PUNCT
cjal-9251	322	6	84	84	NUM
cjal-9251	323	1	jd	jd	VERB
cjal-9251	323	2	.	.	PUNCT
cjal-9251	324	1	at	at	ADP
cjal-9251	324	2	70	70	NUM
cjal-9251	324	3	.	.	PUNCT
cjal-9251	324	4	172	172	NUM
cjal-9251	324	5	columbia	columbia	PROPN
cjal-9251	324	6	journal	journal	PROPN
cjal-9251	324	7	of	of	ADP
cjal-9251	324	8	asian	asian	PROPN
cjal-9251	324	9	la	la	PROPN
cjal-9251	324	10	iv	iv	X
cjal-9251	324	11	[	[	X
cjal-9251	324	12	vol	vol	NOUN
cjal-9251	324	13	.	.	NOUN
cjal-9251	324	14	30:160	30:160	NUM
cjal-9251	324	15	as	as	SCONJ
cjal-9251	324	16	shown	show	VERB
cjal-9251	324	17	in	in	ADP
cjal-9251	324	18	figure	figure	NOUN
cjal-9251	324	19	1	1	NUM
cjal-9251	324	20	and	and	CCONJ
cjal-9251	324	21	table	table	NOUN
cjal-9251	324	22	1	1	NUM
cjal-9251	324	23	,	,	PUNCT
cjal-9251	324	24	the	the	DET
cjal-9251	324	25	size	size	NOUN
cjal-9251	324	26	of	of	ADP
cjal-9251	324	27	the	the	DET
cjal-9251	324	28	chinese	chinese	ADJ
cjal-9251	324	29	ggf	ggf	PROPN
cjal-9251	324	30	program	program	NOUN
cjal-9251	324	31	arguably	arguably	ADV
cjal-9251	324	32	used	use	VERB
cjal-9251	324	33	to	to	PART
cjal-9251	324	34	be	be	AUX
cjal-9251	324	35	too	too	ADV
cjal-9251	324	36	small	small	ADJ
cjal-9251	324	37	-	-	PUNCT
cjal-9251	324	38	only	only	ADV
cjal-9251	324	39	2	2	NUM
cjal-9251	324	40	%	%	NOUN
cjal-9251	324	41	of	of	ADP
cjal-9251	324	42	the	the	DET
cjal-9251	324	43	total	total	ADJ
cjal-9251	324	44	investable	investable	ADJ
cjal-9251	324	45	amount	amount	NOUN
cjal-9251	324	46	was	be	AUX
cjal-9251	324	47	contributed	contribute	VERB
cjal-9251	324	48	by	by	ADP
cjal-9251	324	49	ggfs	ggfs	NOUN
cjal-9251	324	50	.	.	PUNCT
cjal-9251	325	1	this	this	DET
cjal-9251	325	2	problem	problem	NOUN
cjal-9251	325	3	was	be	AUX
cjal-9251	325	4	more	more	ADV
cjal-9251	325	5	pronounced	pronounced	ADJ
cjal-9251	325	6	in	in	ADP
cjal-9251	325	7	rural	rural	ADJ
cjal-9251	325	8	areas	area	NOUN
cjal-9251	325	9	,	,	PUNCT
cjal-9251	325	10	where	where	SCONJ
cjal-9251	325	11	ggfs	ggfs	NOUN
cjal-9251	325	12	were	be	AUX
cjal-9251	325	13	so	so	ADV
cjal-9251	325	14	lacking	lacking	ADJ
cjal-9251	325	15	in	in	ADP
cjal-9251	325	16	size	size	NOUN
cjal-9251	325	17	that	that	SCONJ
cjal-9251	325	18	they	they	PRON
cjal-9251	325	19	could	could	AUX
cjal-9251	325	20	not	not	PART
cjal-9251	325	21	play	play	VERB
cjal-9251	325	22	effective	effective	ADJ
cjal-9251	325	23	roles	role	NOUN
cjal-9251	325	24	in	in	ADP
cjal-9251	325	25	guiding	guide	VERB
cjal-9251	325	26	capital	capital	NOUN
cjal-9251	325	27	flow	flow	NOUN
cjal-9251	325	28	to	to	PART
cjal-9251	325	29	start	start	VERB
cjal-9251	325	30	-	-	PUNCT
cjal-9251	325	31	ups	up	NOUN
cjal-9251	325	32	.	.	PUNCT
cjal-9251	325	33	85	85	NUM
cjal-9251	325	34	to	to	PART
cjal-9251	325	35	resolve	resolve	VERB
cjal-9251	325	36	this	this	DET
cjal-9251	325	37	problem	problem	NOUN
cjal-9251	325	38	,	,	PUNCT
cjal-9251	325	39	there	there	PRON
cjal-9251	325	40	has	have	AUX
cjal-9251	325	41	been	be	AUX
cjal-9251	325	42	a	a	DET
cjal-9251	325	43	new	new	ADJ
cjal-9251	325	44	wave	wave	NOUN
cjal-9251	325	45	of	of	ADP
cjal-9251	325	46	ggfs	ggfs	NOUN
cjal-9251	325	47	estab	estab	NOUN
cjal-9251	325	48	lished	lishe	VERB
cjal-9251	325	49	at	at	ADP
cjal-9251	325	50	both	both	CCONJ
cjal-9251	325	51	the	the	DET
cjal-9251	325	52	central	central	ADJ
cjal-9251	325	53	and	and	CCONJ
cjal-9251	325	54	local	local	ADJ
cjal-9251	325	55	levels	level	NOUN
cjal-9251	325	56	since	since	SCONJ
cjal-9251	325	57	2015	2015	NUM
cjal-9251	325	58	.	.	PUNCT
cjal-9251	326	1	as	as	SCONJ
cjal-9251	326	2	can	can	AUX
cjal-9251	326	3	be	be	AUX
cjal-9251	326	4	seen	see	VERB
cjal-9251	326	5	from	from	ADP
cjal-9251	326	6	figure	figure	NOUN
cjal-9251	326	7	1	1	NUM
cjal-9251	326	8	,	,	PUNCT
cjal-9251	326	9	in	in	ADP
cjal-9251	326	10	2015	2015	NUM
cjal-9251	326	11	alone	alone	ADV
cjal-9251	326	12	,	,	PUNCT
cjal-9251	326	13	297	297	NUM
cjal-9251	326	14	ggfs	ggfs	NOUN
cjal-9251	326	15	were	be	AUX
cjal-9251	326	16	established	establish	VERB
cjal-9251	326	17	with	with	ADP
cjal-9251	326	18	a	a	DET
cjal-9251	326	19	combined	combine	VERB
cjal-9251	326	20	investm	investm	NOUN
cjal-9251	326	21	ent	ent	NOUN
cjal-9251	326	22	amount	amount	NOUN
cjal-9251	326	23	of	of	ADP
cjal-9251	326	24	rmb	rmb	PROPN
cjal-9251	326	25	1.5	1.5	NUM
cjal-9251	326	26	trillion	trillion	NUM
cjal-9251	326	27	,	,	PUNCT
cjal-9251	326	28	which	which	PRON
cjal-9251	326	29	was	be	AUX
cjal-9251	326	30	5.24	5.24	NUM
cjal-9251	326	31	times	time	NOUN
cjal-9251	326	32	the	the	DET
cjal-9251	326	33	amount	amount	NOUN
cjal-9251	326	34	raised	raise	VERB
cjal-9251	326	35	in	in	ADP
cjal-9251	326	36	2014.86	2014.86	NUM
cjal-9251	326	37	as	as	ADP
cjal-9251	326	38	of	of	ADP
cjal-9251	326	39	the	the	DET
cjal-9251	326	40	end	end	NOUN
cjal-9251	326	41	of	of	ADP
cjal-9251	326	42	2015	2015	NUM
cjal-9251	326	43	,	,	PUNCT
cjal-9251	326	44	there	there	PRON
cjal-9251	326	45	were	be	VERB
cjal-9251	326	46	780	780	NUM
cjal-9251	326	47	ggfs	ggfs	NOUN
cjal-9251	326	48	in	in	ADP
cjal-9251	326	49	china	china	PROPN
cjal-9251	326	50	,	,	PUNCT
cjal-9251	326	51	managing	manage	VERB
cjal-9251	326	52	rmb	rmb	NOUN
cjal-9251	326	53	2183.447	2183.447	PROPN
cjal-9251	326	54	billion	billion	NUM
cjal-9251	326	55	(	(	PUNCT
cjal-9251	326	56	usd	usd	NOUN
cjal-9251	326	57	319.7	319.7	NUM
cjal-9251	326	58	billion	billion	NUM
cjal-9251	326	59	)	)	PUNCT
cjal-9251	326	60	.	.	PUNCT
cjal-9251	327	1	87	87	NUM
cjal-9251	327	2	significantly	significantly	ADV
cjal-9251	327	3	,	,	PUNCT
cjal-9251	327	4	at	at	ADP
cjal-9251	327	5	the	the	DET
cjal-9251	327	6	central	central	ADJ
cjal-9251	327	7	government	government	NOUN
cjal-9251	327	8	level	level	NOUN
cjal-9251	327	9	,	,	PUNCT
cjal-9251	327	10	a	a	DET
cjal-9251	327	11	rmb	rmb	NOUN
cjal-9251	327	12	40	40	NUM
cjal-9251	327	13	billion	billion	NUM
cjal-9251	327	14	(	(	PUNCT
cjal-9251	327	15	usd	usd	PROPN
cjal-9251	327	16	6.5	6.5	NUM
cjal-9251	327	17	billion	billion	NUM
cjal-9251	327	18	)	)	PUNCT
cjal-9251	327	19	state	state	NOUN
cjal-9251	327	20	venture	venture	NOUN
cjal-9251	327	21	capital	capital	NOUN
cjal-9251	327	22	investment	investment	NOUN
cjal-9251	327	23	guidance	guidance	NOUN
cjal-9251	327	24	fund	fund	NOUN
cjal-9251	327	25	(	(	PUNCT
cjal-9251	327	26	"	"	PUNCT
cjal-9251	327	27	svcigf	svcigf	ADJ
cjal-9251	327	28	"	"	PUNCT
cjal-9251	327	29	)	)	PUNCT
cjal-9251	327	30	(	(	PUNCT
cjal-9251	327	31	guojia	guojia	NOUN
cjal-9251	327	32	xinxingchanye	xinxingchanye	PROPN
cjal-9251	327	33	chuangyetouzi	chuangyetouzi	PROPN
cjal-9251	327	34	yindao	yindao	AUX
cjal-9251	327	35	jijin	jijin	PROPN
cjal-9251	327	36	)	)	PUNCT
cjal-9251	327	37	was	be	AUX
cjal-9251	327	38	set	set	VERB
cjal-9251	327	39	up	up	ADP
cjal-9251	327	40	in	in	ADP
cjal-9251	327	41	2016	2016	NUM
cjal-9251	327	42	to	to	PART
cjal-9251	327	43	support	support	VERB
cjal-9251	327	44	start	start	NOUN
cjal-9251	327	45	-	-	PUNCT
cjal-9251	327	46	ups	up	NOUN
cjal-9251	327	47	in	in	ADP
cjal-9251	327	48	emerging	emerge	VERB
cjal-9251	327	49	industries	industry	NOUN
cjal-9251	327	50	and	and	CCONJ
cjal-9251	327	51	foster	foster	ADJ
cjal-9251	327	52	innovation	innovation	NOUN
cjal-9251	327	53	.	.	PUNCT
cjal-9251	328	1	88	88	NUM
cjal-9251	328	2	a	a	DET
cjal-9251	328	3	national	national	PROPN
cjal-9251	328	4	sme	sme	PROPN
cjal-9251	328	5	development	development	PROPN
cjal-9251	328	6	fund	fund	PROPN
cjal-9251	328	7	(	(	PUNCT
cjal-9251	328	8	guojia	guojia	PROPN
cjal-9251	328	9	zhongxiao	zhongxiao	PROPN
cjal-9251	328	10	qiye	qiye	PROPN
cjal-9251	328	11	fazhan	fazhan	PROPN
cjal-9251	328	12	jijin	jijin	NOUN
cjal-9251	328	13	)	)	PUNCT
cjal-9251	328	14	with	with	ADP
cjal-9251	328	15	60	60	NUM
cjal-9251	328	16	billion	billion	NUM
cjal-9251	328	17	rmb	rmb	NOUN
cjal-9251	328	18	was	be	AUX
cjal-9251	328	19	also	also	ADV
cjal-9251	328	20	set	set	VERB
cjal-9251	328	21	up	up	ADP
cjal-9251	328	22	in	in	ADP
cjal-9251	328	23	the	the	DET
cjal-9251	328	24	same	same	ADJ
cjal-9251	328	25	year	year	NOUN
cjal-9251	328	26	to	to	PART
cjal-9251	328	27	promote	promote	VERB
cjal-9251	328	28	the	the	DET
cjal-9251	328	29	development	development	NOUN
cjal-9251	328	30	of	of	ADP
cjal-9251	328	31	smes.89	smes.89	ADJ
cjal-9251	328	32	these	these	DET
cjal-9251	328	33	two	two	NUM
cjal-9251	328	34	national	national	ADJ
cjal-9251	328	35	funds	fund	NOUN
cjal-9251	328	36	,	,	PUNCT
cjal-9251	328	37	together	together	ADV
cjal-9251	328	38	with	with	ADP
cjal-9251	328	39	a	a	DET
cjal-9251	328	40	number	number	NOUN
cjal-9251	328	41	of	of	ADP
cjal-9251	328	42	local	local	ADJ
cjal-9251	328	43	ggfs	ggfs	NOUN
cjal-9251	328	44	,	,	PUNCT
cjal-9251	328	45	are	be	AUX
cjal-9251	328	46	likely	likely	ADJ
cjal-9251	328	47	to	to	PART
cjal-9251	328	48	leverage	leverage	VERB
cjal-9251	328	49	government	government	NOUN
cjal-9251	328	50	funding	funding	NOUN
cjal-9251	328	51	to	to	PART
cjal-9251	328	52	attract	attract	VERB
cjal-9251	328	53	private	private	ADJ
cjal-9251	328	54	investo	investo	ADJ
cjal-9251	328	55	rs	rs	NOUN
cjal-9251	328	56	to	to	PART
cjal-9251	328	57	participate	participate	VERB
cjal-9251	328	58	in	in	ADP
cjal-9251	328	59	the	the	DET
cjal-9251	328	60	funds	fund	NOUN
cjal-9251	328	61	.	.	PUNCT
cjal-9251	329	1	90	90	NUM
cjal-9251	329	2	m	m	NOUN
cjal-9251	329	3	qingke	qingke	PROPN
cjal-9251	329	4	y	y	PROPN
cjal-9251	329	5	anjiu	anjiu	PROPN
cjal-9251	329	6	zhongxin	zhongxin	PROPN
cjal-9251	329	7	(	(	PUNCT
cjal-9251	329	8	in~	in~	PROPN
cjal-9251	329	9	lilf	lilf	NOUN
cjal-9251	329	10	1l	1l	NUM
cjal-9251	329	11	'	'	PUNCT
cjal-9251	329	12	..	..	PUNCT
cjal-9251	330	1	'	'	PUNCT
cjal-9251	330	2	p	p	X
cjal-9251	330	3	,	,	PUNCT
cjal-9251	330	4	c	c	X
cjal-9251	330	5	,	,	PUNCT
cjal-9251	330	6	,	,	PUNCT
cjal-9251	330	7	)	)	PUNCT
cjal-9251	331	1	[	[	X
cjal-9251	331	2	zero2ipo	zero2ipo	X
cjal-9251	331	3	research	research	NOUN
cjal-9251	331	4	center	center	NOUN
cjal-9251	331	5	]	]	PUNCT
cjal-9251	331	6	,	,	PUNCT
cjal-9251	331	7	qingke	qingke	VERB
cjal-9251	331	8	paiming	paiming	NOUN
cjal-9251	331	9	:	:	PUNCT
cjal-9251	331	10	2016	2016	NUM
cjal-9251	331	11	zhengfu	zhengfu	NOUN
cjal-9251	331	12	yindao	yindao	AUX
cjal-9251	331	13	jijin	jijin	PROPN
cjal-9251	331	14	paiming	paime	VERB
cjal-9251	331	15	qidong	qidong	PROPN
cjal-9251	331	16	zaiji	zaiji	PROPN
cjal-9251	331	17	,	,	PUNCT
cjal-9251	331	18	jiemi	jiemi	PROPN
cjal-9251	331	19	wanyi	wanyi	PROPN
cjal-9251	331	20	guimo	guimo	VERB
cjal-9251	331	21	yindao	yindao	PUNCT
cjal-9251	331	22	jijin	jijin	PROPN
cjal-9251	331	23	shichang	shichang	PROPN
cjal-9251	331	24	geju	geju	PROPN
cjal-9251	331	25	(	(	PUNCT
cjal-9251	331	26	tr	tr	VERB
cjal-9251	331	27	:	:	PUNCT
cjal-9251	331	28	mf.l~~	mf.l~~	ADJ
cjal-9251	331	29	:	:	SYM
cjal-9251	331	30	2016	2016	NUM
cjal-9251	331	31	i51	i51	NOUN
cjal-9251	331	32	:	:	PUNCT
cjal-9251	331	33	jf.f51	jf.f51	PROPN
cjal-9251	331	34	-lhi	-lhi	PUNCT
cjal-9251	332	1	~	~	SYM
cjal-9251	332	2	f	f	X
cjal-9251	332	3	-	-	PUNCT
cjal-9251	332	4	u	u	NOUN
cjal-9251	332	5	:	:	PUNCT
cjal-9251	332	6	ja	ja	PROPN
cjal-9251	332	7	i;/jf	i;/jf	PROPN
cjal-9251	332	8	:	:	PUNCT
cjal-9251	332	9	e	e	PROPN
cjal-9251	332	10	llp	llp	PROPN
cjal-9251	332	11	,	,	PUNCT
cjal-9251	332	12	ff~	ff~	PROPN
cjal-9251	332	13	jj	jj	PROPN
cjal-9251	332	14	,	,	PUNCT
cjal-9251	332	15	q,:f.11.ffi	q,:f.11.ffi	ADV
cjal-9251	332	16	11	11	NUM
cjal-9251	332	17	\'hil;:&rtf	\'hil;:&rtf	NOUN
cjal-9251	332	18	~+1}-~	~+1}-~	NUM
cjal-9251	332	19	)	)	PUNCT
cjal-9251	333	1	[	[	X
cjal-9251	333	2	zero21po	zero21po	NUM
cjal-9251	333	3	ranking	ranking	NOUN
cjal-9251	333	4	:	:	PUNCT
cjal-9251	333	5	2016	2016	NUM
cjal-9251	333	6	gouemment	gouemment	NOUN
cjal-9251	333	7	guided	guide	VERB
cjal-9251	333	8	fund	fund	NOUN
cjal-9251	333	9	ranking	rank	VERB
cjal-9251	333	10	about	about	ADP
cjal-9251	333	11	to	to	PART
cjal-9251	333	12	launch	launch	VERB
cjal-9251	333	13	,	,	PUNCT
cjal-9251	333	14	decipher	decipher	ADV
cjal-9251	333	15	the	the	DET
cjal-9251	333	16	market	market	NOUN
cjal-9251	333	17	structure	structure	NOUN
cjal-9251	333	18	of	of	ADP
cjal-9251	333	19	thousand	thousand	NUM
cjal-9251	333	20	-	-	PUNCT
cjal-9251	333	21	billion	billion	NUM
cjal-9251	333	22	level	level	NOUN
cjal-9251	333	23	guided	guide	VERB
cjal-9251	333	24	fund	fund	NOUN
cjal-9251	333	25	]	]	PUNCT
cjal-9251	333	26	,	,	PUNCT
cjal-9251	333	27	touzijie	touzijie	PROPN
cjal-9251	333	28	(	(	PUNCT
cjal-9251	333	29	nl'tt	nl'tt	NOUN
cjal-9251	333	30	-	-	PUNCT
cjal-9251	333	31	ff	ff	NOUN
cjal-9251	333	32	.	.	PUNCT
cjal-9251	333	33	)	)	PUNCT
cjal-9251	334	1	[	[	X
cjal-9251	334	2	pedally	pedally	ADV
cjal-9251	334	3	]	]	X
cjal-9251	334	4	(	(	PUNCT
cjal-9251	334	5	j	j	PROPN
cjal-9251	334	6	an	an	PROPN
cjal-9251	334	7	.	.	PROPN
cjal-9251	334	8	28	28	NUM
cjal-9251	334	9	,	,	PUNCT
cjal-9251	334	10	2015	2015	NUM
cjal-9251	334	11	)	)	PUNCT
cjal-9251	334	12	,	,	PUNCT
cjal-9251	334	13	http://bit.ly/2sikmnf	http://bit.ly/2sikmnf	PROPN
cjal-9251	334	14	.	.	PUNCT
cjal-9251	335	1	see	see	AUX
cjal-9251	335	2	also	also	ADV
cjal-9251	335	3	guojia	guojia	AUX
cjal-9251	335	4	xinxing	xinxe	VERB
cjal-9251	335	5	chanye	chanye	PROPN
cjal-9251	335	6	chuan	chuan	PROPN
cjal-9251	335	7	gye	gye	PROPN
cjal-9251	336	1	touzi	touzi	PROPN
cjal-9251	336	2	yindao	yindao	AUX
cjal-9251	336	3	jijin	jijin	PROPN
cjal-9251	336	4	jiang	jiang	PROPN
cjal-9251	336	5	zhengshi	zhengshi	PROPN
cjal-9251	336	6	touru	touru	PROPN
cjal-9251	336	7	yunzuo	yunzuo	PROPN
cjal-9251	336	8	(	(	PUNCT
cjal-9251	336	9	p;j*if~'ff"~i•j	p;j*if~'ff"~i•j	ADJ
cjal-9251	336	10	~	~	SYM
cjal-9251	336	11	nli'f	nli'f	ADJ
cjal-9251	336	12	:	:	PUNCT
cjal-9251	336	13	il~~	il~~	X
cjal-9251	336	14	~:14	~:14	X
cjal-9251	336	15	ie	ie	X
cjal-9251	336	16	:	:	PUNCT
cjal-9251	336	17	i	i	PRON
cjal-9251	336	18	:	:	PUNCT
cjal-9251	336	19	ttsl	ttsl	ADJ
cjal-9251	336	20	:	:	PUNCT
cjal-9251	336	21	ai	ai	VERB
cjal-9251	336	22	:	:	PUNCT
cjal-9251	336	23	ei-1	ei-1	ADJ
cjal-9251	336	24	,	,	PUNCT
cjal-9251	336	25	)	)	PUNCT
cjal-9251	337	1	[	[	X
cjal-9251	337	2	svcigf	svcigf	NOUN
cjal-9251	337	3	will	will	AUX
cjal-9251	337	4	be	be	AUX
cjal-9251	337	5	operating	operate	VERB
cjal-9251	337	6	soon	soon	ADV
cjal-9251	337	7	]	]	PUNCT
cjal-9251	337	8	,	,	PUNCT
cjal-9251	337	9	fujian	fujian	PROPN
cjal-9251	337	10	ribao	ribao	PROPN
cjal-9251	337	11	(	(	PUNCT
cjal-9251	337	12	,	,	PUNCT
cjal-9251	337	13	llht	llht	PROPN
cjal-9251	337	14	b	b	NOUN
cjal-9251	337	15	m	m	NOUN
cjal-9251	337	16	)	)	PUNCT
cjal-9251	338	1	[	[	X
cjal-9251	338	2	fujian	fujian	PROPN
cjal-9251	338	3	dally	dally	PROPN
cjal-9251	338	4	]	]	PUNCT
cjal-9251	338	5	,	,	PUNCT
cjal-9251	338	6	aug	aug	PROPN
cjal-9251	338	7	.	.	PROPN
cjal-9251	338	8	26	26	NUM
cjal-9251	338	9	,	,	PUNCT
cjal-9251	338	10	2016	2016	NUM
cjal-9251	338	11	at	at	ADP
cjal-9251	338	12	7	7	NUM
cjal-9251	338	13	,	,	PUNCT
cjal-9251	338	14	auailable	auailable	ADJ
cjal-9251	338	15	at	at	ADP
cjal-9251	338	16	http://bit.ly/2s2z6wu	http://bit.ly/2s2z6wu	PROPN
cjal-9251	338	17	.	.	PUNCT
cjal-9251	339	1	86	86	NUM
cjal-9251	339	2	zerp2ipo	zerp2ipo	NUM
cjal-9251	339	3	research	research	NOUN
cjal-9251	339	4	center	center	NOUN
cjal-9251	339	5	,	,	PUNCT
cjal-9251	339	6	supra	supra	PROPN
cjal-9251	339	7	note	note	PROPN
cjal-9251	339	8	85	85	NUM
cjal-9251	339	9	.	.	PUNCT
cjal-9251	340	1	87	87	NUM
cjal-9251	340	2	jd	jd	PROPN
cjal-9251	340	3	.	.	PROPN
cjal-9251	340	4	88	88	NUM
cjal-9251	340	5	jd	jd	PROPN
cjal-9251	340	6	.	.	PROPN
cjal-9251	340	7	89	89	NUM
cjal-9251	340	8	1	1	NUM
cjal-9251	340	9	uojia	uojia	PROPN
cjal-9251	340	10	zhongxiao	zhongxiao	PROPN
cjal-9251	340	11	qi	qi	PROPN
cjal-9251	340	12	:	:	PUNCT
cjal-9251	340	13	e	e	ADP
cjal-9251	340	14	fazha~	fazha~	PROPN
cjal-9251	340	15	jijin	jijin	NOUN
cjal-9251	340	16	s	s	PART
cjal-9251	340	17	~	~	NOUN
cjal-9251	340	18	ouz~	ouz~	ADJ
cjal-9251	340	19	shiti	shiti	NOUN
cjal-9251	340	20	jijin	jijin	PROPN
cjal-9251	340	21	guimo	guimo	PROPN
cjal-9251	340	22	da	da	PROPN
cjal-9251	340	23	60	60	NUM
cjal-9251	340	24	yiyuan	yiyuan	NOUN
cjal-9251	340	25	(	(	PUNCT
cjal-9251	340	26	tiil	tiil	ADJ
cjal-9251	340	27	*	*	ADJ
cjal-9251	340	28	o	o	NOUN
cjal-9251	340	29	:p	:p	NOUN
cjal-9251	340	30	,	,	PUNCT
cjal-9251	340	31	j,_1.e~~~~~:trx~-f	j,_1.e~~~~~:trx~-f	PROPN
cjal-9251	340	32	,	,	PUNCT
cjal-9251	340	33	hl;~:f.11.ffi	hl;~:f.11.ffi	ADV
cjal-9251	340	34	:	:	PUNCT
cjal-9251	340	35	it	it	PRON
cjal-9251	340	36	60	60	NUM
cjal-9251	340	37	-fz7	-fz7	NOUN
cjal-9251	340	38	g	g	NOUN
cjal-9251	340	39	)	)	PUNCT
cjal-9251	341	1	[	[	X
cjal-9251	341	2	first	first	ADJ
cjal-9251	341	3	.vational	.vational	PROPN
cjal-9251	341	4	sme	sme	PROPN
cjal-9251	341	5	development	development	PROPN
cjal-9251	341	6	fund	fund	PROPN
cjal-9251	341	7	reachrng	reachrng	PROPN
cjal-9251	341	8	6	6	NUM
cjal-9251	341	9	billion	billion	NUM
cjal-9251	341	10	in	in	ADP
cjal-9251	341	11	fund	fund	NOUN
cjal-9251	341	12	size	size	NOUN
cjal-9251	341	13	]	]	PUNCT
cjal-9251	341	14	,	,	PUNCT
cjal-9251	341	15	zhongguo	zhongguo	PROPN
cjal-9251	341	16	xinwen	xinwen	PROPN
cjal-9251	341	17	wang	wang	PROPN
cjal-9251	341	18	(	(	PUNCT
cjal-9251	341	19	'	'	PUNCT
cjal-9251	341	20	f'~t#rlill~	f'~t#rlill~	NOUN
cjal-9251	341	21	)	)	PUNCT
cjal-9251	342	1	[	[	X
cjal-9251	342	2	chl'sanews	chl'sanews	X
cjal-9251	342	3	com	com	NOUN
cjal-9251	342	4	]	]	X
cjal-9251	342	5	(	(	PUNCT
cjal-9251	342	6	aug	aug	PROPN
cjal-9251	342	7	.	.	PROPN
cjal-9251	342	8	29	29	NUM
cjal-9251	342	9	,	,	PUNCT
cjal-9251	342	10	2016	2016	NUM
cjal-9251	342	11	)	)	PUNCT
cjal-9251	342	12	,	,	PUNCT
cjal-9251	342	13	http	http	NOUN
cjal-9251	342	14	:	:	PUNCT
cjal-9251	342	15	//bit.ly/2s38csy	//bit.ly/2s38csy	PROPN
cjal-9251	342	16	.	.	PUNCT
cjal-9251	342	17	.	.	PUNCT
cjal-9251	343	1	90	90	NUM
cjal-9251	343	2	see	see	VERB
cjal-9251	343	3	zero2ipo	zero2ipo	PROPN
cjal-9251	343	4	research	research	NOUN
cjal-9251	343	5	center	center	NOUN
cjal-9251	343	6	,	,	PUNCT
cjal-9251	343	7	supra	supra	PROPN
cjal-9251	343	8	note	note	NOUN
cjal-9251	343	9	85	85	NUM
cjal-9251	343	10	.	.	PUNCT
cjal-9251	343	11	2017	2017	NUM
cjal-9251	343	12	]	]	PUNCT
cjal-9251	343	13	...	...	PUNCT
cjal-9251	343	14	,	,	PUNCT
cjal-9251	343	15	c	c	X
cjal-9251	343	16	(	(	PUNCT
cjal-9251	343	17	l	l	NOUN
cjal-9251	343	18	)	)	PUNCT
cjal-9251	343	19	el	el	PROPN
cjal-9251	343	20	(	(	PUNCT
cjal-9251	343	21	l	l	NOUN
cjal-9251	343	22	)	)	PUNCT
cjal-9251	343	23	bf),-	bf),-	PROPN
cjal-9251	343	24	...	...	PUNCT
cjal-9251	344	1	ro	ro	X
cjal-9251	345	1	c	c	X
cjal-9251	345	2	c	c	NOUN
cjal-9251	345	3	ro	ro	X
cjal-9251	345	4	ro	ro	X
cjal-9251	346	1	:	:	PUNCT
cjal-9251	346	2	:	:	PUNCT
cjal-9251	346	3	,	,	PUNCT
cjal-9251	346	4	:	:	PUNCT
cjal-9251	346	5	:	:	PUNCT
cjal-9251	346	6	g	g	X
cjal-9251	346	7	>	>	X
cjal-9251	346	8	s	s	X
cjal-9251	346	9	i-	i-	X
cjal-9251	346	10	..	..	PUNCT
cjal-9251	346	11	q	q	X
cjal-9251	346	12	(	(	PUNCT
cjal-9251	346	13	l	l	NOUN
cjal-9251	346	14	)	)	PUNCT
cjal-9251	346	15	0	0	PUNCT
cjal-9251	347	1	"	"	PUNCT
cjal-9251	347	2	cs	cs	PROPN
cjal-9251	347	3	q.	q.	PROPN
cjal-9251	347	4	;	;	PUNCT
cjal-9251	347	5	:	:	PUNCT
cjal-9251	347	6	j	j	PROPN
cjal-9251	347	7	6	6	NUM
cjal-9251	347	8	.s	.s	NOUN
cjal-9251	347	9	(	(	PUNCT
cjal-9251	347	10	l	l	NOUN
cjal-9251	347	11	)	)	PUNCT
cjal-9251	347	12	en	en	ADP
cjal-9251	347	13	<	<	AUX
cjal-9251	347	14	engineering	engineer	VERB
cjal-9251	347	15	a	a	DET
cjal-9251	347	16	venture	venture	NOUN
cjal-9251	347	17	capital	capital	NOUN
cjal-9251	347	18	market	market	NOUN
cjal-9251	347	19	figure	figure	NOUN
cjal-9251	347	20	1	1	NUM
cjal-9251	347	21	:	:	PUNCT
cjal-9251	347	22	government	government	NOUN
cjal-9251	347	23	guidance	guidance	NOUN
cjal-9251	347	24	funds	fund	NOUN
cjal-9251	347	25	in	in	ADP
cjal-9251	347	26	china	china	PROPN
cjal-9251	347	27	(	(	PUNCT
cjal-9251	347	28	2006	2006	NUM
cjal-9251	347	29	-	-	SYM
cjal-9251	347	30	2015)91	2015)91	NUM
cjal-9251	347	31	1,600.00	1,600.00	NUM
cjal-9251	347	32	1,400.00	1,400.00	NUM
cjal-9251	347	33	1,200.00	1,200.00	NUM
cjal-9251	347	34	1,000.00	1,000.00	NUM
cjal-9251	347	35	800.00	800.00	NUM
cjal-9251	347	36	600.00	600.00	NUM
cjal-9251	347	37	400.00	400.00	NUM
cjal-9251	347	38	200.00	200.00	NUM
cjal-9251	347	39	0.00	0.00	NUM
cjal-9251	347	40	300	300	NUM
cjal-9251	347	41	250	250	NUM
cjal-9251	347	42	z	z	NUM
cjal-9251	347	43	200	200	NUM
cjal-9251	347	44	c	c	NOUN
cjal-9251	347	45	ro	ro	X
cjal-9251	348	1	"	"	PUNCT
cjal-9251	348	2	i	i	PRON
cjal-9251	348	3	150	150	NUM
cjal-9251	348	4	0	0	NUM
cjal-9251	348	5	....	....	PUNCT
cjal-9251	348	6	,	,	PUNCT
cjal-9251	348	7	"	"	PUNCT
cjal-9251	348	8	'	'	PUNCT
cjal-9251	348	9	rj	rj	PROPN
cjal-9251	348	10	c	c	NOUN
cjal-9251	348	11	100	100	NUM
cjal-9251	348	12	[	[	PUNCT
cjal-9251	348	13	en	en	ADP
cjal-9251	348	14	50	50	NUM
cjal-9251	348	15	0	0	NUM
cjal-9251	348	16	-assets	-asset	NOUN
cjal-9251	348	17	under	under	ADP
cjal-9251	348	18	management	management	NOUN
cjal-9251	348	19	(	(	PUNCT
cjal-9251	348	20	billion	billion	NUM
cjal-9251	348	21	yuan	yuan	NOUN
cjal-9251	348	22	)	)	PUNCT
cjal-9251	348	23	number	number	NOUN
cjal-9251	348	24	of	of	ADP
cjal-9251	348	25	funds	fund	NOUN
cjal-9251	348	26	3	3	NUM
cjal-9251	348	27	.	.	PUNCT
cjal-9251	348	28	increasing	increase	VERB
cjal-9251	348	29	capital	capital	NOUN
cjal-9251	348	30	supply	supply	NOUN
cjal-9251	348	31	from	from	ADP
cjal-9251	348	32	institutional	institutional	ADJ
cjal-9251	348	33	investors	investor	NOUN
cjal-9251	348	34	173	173	NUM
cjal-9251	348	35	institutional	institutional	ADJ
cjal-9251	348	36	investors	investor	NOUN
cjal-9251	348	37	such	such	ADJ
cjal-9251	348	38	as	as	ADP
cjal-9251	348	39	commercial	commercial	ADJ
cjal-9251	348	40	banks	bank	NOUN
cjal-9251	348	41	,	,	PUNCT
cjal-9251	348	42	insurance	insurance	NOUN
cjal-9251	348	43	companies	company	NOUN
cjal-9251	348	44	,	,	PUNCT
cjal-9251	348	45	trust	trust	NOUN
cjal-9251	348	46	companies	company	NOUN
cjal-9251	348	47	,	,	PUNCT
cjal-9251	348	48	and	and	CCONJ
cjal-9251	348	49	pension	pension	NOUN
cjal-9251	348	50	funds	fund	NOUN
cjal-9251	348	51	have	have	AUX
cjal-9251	348	52	long	long	ADV
cjal-9251	348	53	been	be	AUX
cjal-9251	348	54	prohibited	prohibit	VERB
cjal-9251	348	55	from	from	ADP
cjal-9251	348	56	making	make	VERB
cjal-9251	348	57	equity	equity	NOUN
cjal-9251	348	58	investments	investment	NOUN
cjal-9251	348	59	due	due	ADP
cjal-9251	348	60	to	to	ADP
cjal-9251	348	61	policy	policy	NOUN
cjal-9251	348	62	constraints	constraint	NOUN
cjal-9251	348	63	under	under	ADP
cjal-9251	348	64	previous	previous	ADJ
cjal-9251	348	65	regulations	regulation	NOUN
cjal-9251	348	66	.	.	PUNCT
cjal-9251	349	1	92	92	NUM
cjal-9251	349	2	this	this	PRON
cjal-9251	349	3	has	have	AUX
cjal-9251	349	4	contributed	contribute	VERB
cjal-9251	349	5	to	to	ADP
cjal-9251	349	6	a	a	DET
cjal-9251	349	7	predominance	predominance	NOUN
cjal-9251	349	8	of	of	ADP
cjal-9251	349	9	wealthy	wealthy	ADJ
cjal-9251	349	10	individuals	individual	NOUN
cjal-9251	349	11	and	and	CCONJ
cjal-9251	349	12	families	family	NOUN
cjal-9251	349	13	in	in	ADP
cjal-9251	349	14	the	the	DET
cjal-9251	349	15	vc	vc	PROPN
cjal-9251	349	16	market	market	NOUN
cjal-9251	349	17	,	,	PUNCT
cjal-9251	349	18	as	as	SCONJ
cjal-9251	349	19	highlighted	highlight	VERB
cjal-9251	349	20	in	in	ADP
cjal-9251	349	21	table	table	NOUN
cjal-9251	349	22	2	2	NUM
cjal-9251	349	23	.	.	PUNCT
cjal-9251	349	24	recognizing	recognize	VERB
cjal-9251	349	25	the	the	DET
cjal-9251	349	26	importance	importance	NOUN
cjal-9251	349	27	of	of	ADP
cjal-9251	349	28	institutional	institutional	ADJ
cjal-9251	349	29	investors	investor	NOUN
cjal-9251	349	30	as	as	ADP
cjal-9251	349	31	a	a	DET
cjal-9251	349	32	source	source	NOUN
cjal-9251	349	33	of	of	ADP
cjal-9251	349	34	investable	investable	ADJ
cjal-9251	349	35	capital	capital	NOUN
cjal-9251	349	36	in	in	ADP
cjal-9251	349	37	long	long	ADJ
cjal-9251	349	38	-	-	PUNCT
cjal-9251	349	39	term	term	NOUN
cjal-9251	349	40	and	and	CCONJ
cjal-9251	349	41	high	high	ADJ
cjal-9251	349	42	-	-	PUNCT
cjal-9251	349	43	risk	risk	NOUN
cjal-9251	349	44	investments	investment	NOUN
cjal-9251	349	45	,	,	PUNCT
cjal-9251	349	46	and	and	CCONJ
cjal-9251	349	47	in	in	ADP
cjal-9251	349	48	light	light	NOUN
cjal-9251	349	49	of	of	ADP
cjal-9251	349	50	recent	recent	ADJ
cjal-9251	349	51	success	success	NOUN
cjal-9251	349	52	stories	story	NOUN
cjal-9251	349	53	in	in	ADP
cjal-9251	349	54	israel	israel	PROPN
cjal-9251	349	55	and	and	CCONJ
cjal-9251	349	56	singapore	singapore	PROPN
cjal-9251	349	57	,	,	PUNCT
cjal-9251	349	58	which	which	PRON
cjal-9251	349	59	have	have	AUX
cjal-9251	349	60	had	have	AUX
cjal-9251	349	61	attracted	attract	VERB
cjal-9251	349	62	global	global	ADJ
cjal-9251	349	63	investors	investor	NOUN
cjal-9251	349	64	to	to	ADP
cjal-9251	349	65	their	their	PRON
cjal-9251	349	66	vc	vc	PROPN
cjal-9251	349	67	industries,93	industries,93	VERB
cjal-9251	349	68	china	china	PROPN
cjal-9251	349	69	's	's	PART
cjal-9251	349	70	regulators	regulator	NOUN
cjal-9251	349	71	have	have	AUX
cjal-9251	349	72	made	make	VERB
cjal-9251	349	73	efforts	effort	NOUN
cjal-9251	349	74	to	to	PART
cjal-9251	349	75	promote	promote	VERB
cjal-9251	349	76	vc	vc	PROPN
cjal-9251	349	77	investment	investment	NOUN
cjal-9251	349	78	from	from	ADP
cjal-9251	349	79	qualified	qualified	ADJ
cjal-9251	349	80	institutional	institutional	ADJ
cjal-9251	349	81	investors	investor	NOUN
cjal-9251	349	82	and	and	CCONJ
cjal-9251	349	83	foreign	foreign	ADJ
cjal-9251	349	84	investors	investor	NOUN
cjal-9251	349	85	.	.	PUNCT
cjal-9251	350	1	regulators	regulator	NOUN
cjal-9251	350	2	notably	notably	ADV
cjal-9251	350	3	including	include	VERB
cjal-9251	350	4	the	the	DET
cjal-9251	350	5	china	china	PROPN
cjal-9251	350	6	securities	securities	PROPN
cjal-9251	350	7	regulatory	regulatory	PROPN
cjal-9251	350	8	commission	commission	PROPN
cjal-9251	350	9	(	(	PUNCT
cjal-9251	350	10	"	"	PUNCT
cjal-9251	350	11	csrc	csrc	NOUN
cjal-9251	350	12	"	"	PUNCT
cjal-9251	350	13	)	)	PUNCT
cjal-9251	350	14	,	,	PUNCT
cjal-9251	350	15	china	china	PROPN
cjal-9251	350	16	insurance	insurance	PROPN
cjal-9251	350	17	regulatory	regulatory	PROPN
cjal-9251	350	18	commission	commission	NOUN
cjal-9251	350	19	(	(	PUNCT
cjal-9251	350	20	"	"	PUNCT
cjal-9251	350	21	circ	circ	NOUN
cjal-9251	350	22	"	"	PUNCT
cjal-9251	350	23	)	)	PUNCT
cjal-9251	350	24	,	,	PUNCT
cjal-9251	350	25	and	and	CCONJ
cjal-9251	350	26	china	china	PROPN
cjal-9251	350	27	banking	banking	PROPN
cjal-9251	350	28	regulatory	regulatory	ADJ
cjal-9251	350	29	commission	commission	NOUN
cjal-9251	350	30	(	(	PUNCT
cjal-9251	350	31	"	"	PUNCT
cjal-9251	350	32	cbrc	cbrc	NOUN
cjal-9251	350	33	"	"	PUNCT
cjal-9251	350	34	)	)	PUNCT
cjal-9251	350	35	have	have	AUX
cjal-9251	350	36	since	since	SCONJ
cjal-9251	350	37	2008	2008	NUM
cjal-9251	350	38	begun	begin	VERB
cjal-9251	350	39	to	to	PART
cjal-9251	350	40	remove	remove	VERB
cjal-9251	350	41	restrictions	restriction	NOUN
cjal-9251	350	42	preventing	prevent	VERB
cjal-9251	350	43	the	the	DET
cjal-9251	350	44	national	national	ADJ
cjal-9251	350	45	social	social	ADJ
cjal-9251	350	46	91	91	NUM
cjal-9251	350	47	zero2ipo	zero2ipo	NOUN
cjal-9251	350	48	research	research	NOUN
cjal-9251	350	49	center	center	NOUN
cjal-9251	350	50	,	,	PUNCT
cjal-9251	350	51	supra	supra	PROPN
cjal-9251	350	52	note	note	NOUN
cjal-9251	350	53	81	81	NUM
cjal-9251	350	54	.	.	PUNCT
cjal-9251	351	1	9'l	9'l	NOUN
cjal-9251	351	2	see	see	VERB
cjal-9251	351	3	appendix	appendix	NOUN
cjal-9251	351	4	2	2	NUM
cjal-9251	351	5	,	,	PUNCT
cjal-9251	351	6	infra	infra	NOUN
cjal-9251	351	7	.	.	PUNCT
cjal-9251	352	1	93	93	NUM
cjal-9251	352	2	lerner	lerner	PROPN
cjal-9251	352	3	,	,	PUNCT
cjal-9251	352	4	supra	supra	PROPN
cjal-9251	352	5	note	note	PROPN
cjal-9251	352	6	5	5	NUM
cjal-9251	352	7	,	,	PUNCT
cjal-9251	352	8	at	at	ADP
cjal-9251	352	9	101	101	NUM
cjal-9251	352	10	.	.	PUNCT
cjal-9251	353	1	174	174	NUM
cjal-9251	353	2	coluj\-1bia	coluj\-1bia	PROPN
cjal-9251	353	3	journal	journal	NOUN
cjal-9251	353	4	of	of	ADP
cjal-9251	353	5	asian	asian	ADJ
cjal-9251	353	6	law	law	NOUN
cjal-9251	354	1	[	[	X
cjal-9251	354	2	vol	vol	NOUN
cjal-9251	354	3	.	.	NOUN
cjal-9251	354	4	30:160	30:160	NUM
cjal-9251	354	5	security	security	NOUN
cjal-9251	354	6	fund	fund	NOUN
cjal-9251	354	7	(	(	PUNCT
cjal-9251	354	8	"	"	PUNCT
cjal-9251	354	9	nssf	nssf	NOUN
cjal-9251	354	10	"	"	PUNCT
cjal-9251	354	11	)	)	PUNCT
cjal-9251	354	12	,	,	PUNCT
cjal-9251	354	13	insurance	insurance	NOUN
cjal-9251	354	14	companies	company	NOUN
cjal-9251	354	15	,	,	PUNCT
cjal-9251	354	16	commercial	commercial	ADJ
cjal-9251	354	17	banks	bank	NOUN
cjal-9251	354	18	,	,	PUNCT
cjal-9251	354	19	investment	investment	NOUN
cjal-9251	354	20	funds	fund	NOUN
cjal-9251	354	21	,	,	PUNCT
cjal-9251	354	22	and	and	CCONJ
cjal-9251	354	23	trust	trust	NOUN
cjal-9251	354	24	companies	company	NOUN
cjal-9251	354	25	from	from	ADP
cjal-9251	354	26	making	make	VERB
cjal-9251	354	27	equity	equity	NOUN
cjal-9251	354	28	investments	investment	NOUN
cjal-9251	354	29	.94	.94	NUM
cjal-9251	354	30	for	for	ADP
cjal-9251	354	31	example	example	NOUN
cjal-9251	354	32	,	,	PUNCT
cjal-9251	354	33	after	after	SCONJ
cjal-9251	354	34	the	the	DET
cjal-9251	354	35	circ	circ	NOUN
cjal-9251	354	36	issued	issue	VERB
cjal-9251	354	37	a	a	DET
cjal-9251	354	38	set	set	NOUN
cjal-9251	354	39	of	of	ADP
cjal-9251	354	40	guidelines	guideline	NOUN
cjal-9251	354	41	allowing	allow	VERB
cjal-9251	354	42	insurance	insurance	NOUN
cjal-9251	354	43	companies	company	NOUN
cjal-9251	354	44	to	to	PART
cjal-9251	354	45	engage	engage	VERB
cjal-9251	354	46	in	in	ADP
cjal-9251	354	47	vc	vc	PROPN
cjal-9251	354	48	investments	investment	NOUN
cjal-9251	354	49	,	,	PUNCT
cjal-9251	354	50	insurance	insurance	NOUN
cjal-9251	354	51	companies	company	NOUN
cjal-9251	354	52	have	have	AUX
cjal-9251	354	53	quickly	quickly	ADV
cjal-9251	354	54	built	build	VERB
cjal-9251	354	55	up	up	ADP
cjal-9251	354	56	substantial	substantial	ADJ
cjal-9251	354	57	assets	asset	NOUN
cjal-9251	354	58	in	in	ADP
cjal-9251	354	59	the	the	DET
cjal-9251	354	60	vc	vc	PROPN
cjal-9251	354	61	industry	industry	NOUN
cjal-9251	354	62	,	,	PUNCT
cjal-9251	354	63	reaching	reach	VERB
cjal-9251	354	64	rmb	rmb	NOUN
cjal-9251	354	65	10	10	NUM
cjal-9251	354	66	billion	billion	NUM
cjal-9251	354	67	at	at	ADP
cjal-9251	354	68	end	end	NOUN
cjal-9251	354	69	2014	2014	NUM
cjal-9251	354	70	.	.	PUNCT
cjal-9251	355	1	95	95	NUM
cjal-9251	355	2	there	there	PRON
cjal-9251	355	3	is	be	VERB
cjal-9251	355	4	also	also	ADV
cjal-9251	355	5	a	a	DET
cjal-9251	355	6	substantial	substantial	ADJ
cjal-9251	355	7	increase	increase	NOUN
cjal-9251	355	8	in	in	ADP
cjal-9251	355	9	investments	investment	NOUN
cjal-9251	355	10	by	by	ADP
cjal-9251	355	11	the	the	DET
cjal-9251	355	12	nssf	nssf	NOUN
cjal-9251	355	13	.	.	PUNCT
cjal-9251	356	1	as	as	ADP
cjal-9251	356	2	of	of	ADP
cjal-9251	356	3	the	the	DET
cjal-9251	356	4	end	end	NOUN
cjal-9251	356	5	of	of	ADP
cjal-9251	356	6	2015	2015	NUM
cjal-9251	356	7	,	,	PUNCT
cjal-9251	356	8	nssf	nssf	NOUN
cjal-9251	356	9	managed	manage	VERB
cjal-9251	356	10	rmb	rmb	VERB
cjal-9251	356	11	1508.592	1508.592	NUM
cjal-9251	356	12	billion	billion	NUM
cjal-9251	356	13	(	(	PUNCT
cjal-9251	356	14	usd	usd	PROPN
cjal-9251	356	15	226.94	226.94	NUM
cjal-9251	356	16	billion	billion	NUM
cjal-9251	356	17	)	)	PUNCT
cjal-9251	356	18	and	and	CCONJ
cjal-9251	356	19	recorded	record	VERB
cjal-9251	356	20	a	a	DET
cjal-9251	356	21	15.14	15.14	NUM
cjal-9251	356	22	%	%	NOUN
cjal-9251	356	23	return	return	NOUN
cjal-9251	356	24	with	with	ADP
cjal-9251	356	25	rmb	rmb	NOUN
cjal-9251	356	26	228.704	228.704	NUM
cjal-9251	356	27	billion	billion	NUM
cjal-9251	356	28	(	(	PUNCT
cjal-9251	356	29	usd	usd	NOUN
cjal-9251	356	30	34.40	34.40	NUM
cjal-9251	356	31	billion	billion	NUM
cjal-9251	356	32	)	)	PUNCT
cjal-9251	356	33	on	on	ADP
cjal-9251	356	34	investment	investment	NOUN
cjal-9251	356	35	in	in	ADP
cjal-9251	356	36	2015	2015	NUM
cjal-9251	356	37	.	.	PUNCT
cjal-9251	357	1	96	96	NUM
cjal-9251	357	2	according	accord	VERB
cjal-9251	357	3	to	to	ADP
cjal-9251	357	4	the	the	DET
cjal-9251	357	5	regulations	regulation	NOUN
cjal-9251	357	6	on	on	ADP
cjal-9251	357	7	nssf	nssf	NOUN
cjal-9251	357	8	,	,	PUNCT
cjal-9251	357	9	10	10	NUM
cjal-9251	357	10	%	%	NOUN
cjal-9251	357	11	of	of	ADP
cjal-9251	357	12	the	the	DET
cjal-9251	357	13	total	total	ADJ
cjal-9251	357	14	managed	manage	VERB
cjal-9251	357	15	asset	asset	NOUN
cjal-9251	357	16	of	of	ADP
cjal-9251	357	17	nssf	nssf	NOUN
cjal-9251	357	18	can	can	AUX
cjal-9251	357	19	be	be	AUX
cjal-9251	357	20	used	use	VERB
cjal-9251	357	21	in	in	ADP
cjal-9251	357	22	private	private	ADJ
cjal-9251	357	23	equity	equity	NOUN
cjal-9251	357	24	(	(	PUNCT
cjal-9251	357	25	including	include	VERB
cjal-9251	357	26	vc	vc	PROPN
cjal-9251	357	27	)	)	PUNCT
cjal-9251	357	28	investments.97	investments.97	NOUN
cjal-9251	357	29	with	with	ADP
cjal-9251	357	30	the	the	DET
cjal-9251	357	31	easing	easing	NOUN
cjal-9251	357	32	of	of	ADP
cjal-9251	357	33	regulatory	regulatory	ADJ
cjal-9251	357	34	barriers	barrier	NOUN
cjal-9251	357	35	for	for	ADP
cjal-9251	357	36	institutional	institutional	ADJ
cjal-9251	357	37	investors	investor	NOUN
cjal-9251	357	38	,	,	PUNCT
cjal-9251	357	39	the	the	DET
cjal-9251	357	40	distribution	distribution	NOUN
cjal-9251	357	41	of	of	ADP
cjal-9251	357	42	investors	investor	NOUN
cjal-9251	357	43	is	be	AUX
cjal-9251	357	44	shifting	shift	VERB
cjal-9251	357	45	.	.	PUNCT
cjal-9251	358	1	major	major	ADJ
cjal-9251	358	2	institutional	institutional	ADJ
cjal-9251	358	3	investors	investor	NOUN
cjal-9251	358	4	such	such	ADJ
cjal-9251	358	5	as	as	ADP
cjal-9251	358	6	public	public	ADJ
cjal-9251	358	7	p	p	NOUN
cjal-9251	358	8	~	~	NOUN
cjal-9251	358	9	nsion	nsion	ADJ
cjal-9251	358	10	funds	fund	NOUN
cjal-9251	358	11	,	,	PUNCT
cjal-9251	358	12	investment	investment	NOUN
cjal-9251	358	13	companies	company	NOUN
cjal-9251	358	14	,	,	PUNCT
cjal-9251	358	15	and	and	CCONJ
cjal-9251	358	16	insurance	insurance	NOUN
cjal-9251	358	17	companies	company	NOUN
cjal-9251	358	18	are	be	AUX
cjal-9251	358	19	gradually	gradually	ADV
cjal-9251	358	20	becoming	become	VERB
cjal-9251	358	21	important	important	ADJ
cjal-9251	358	22	limited	limited	ADJ
cjal-9251	358	23	partners	partner	NOUN
cjal-9251	358	24	(	(	PUNCT
cjal-9251	358	25	lps	lps	PROPN
cjal-9251	358	26	)	)	PUNCT
cjal-9251	358	27	in	in	ADP
cjal-9251	358	28	the	the	DET
cjal-9251	358	29	vc	vc	PROPN
cjal-9251	358	30	market	market	NOUN
cjal-9251	358	31	.	.	PUNCT
cjal-9251	359	1	s	s	X
cjal-9251	359	2	,	,	PUNCT
cjal-9251	359	3	since	since	SCONJ
cjal-9251	359	4	2008	2008	NUM
cjal-9251	359	5	,	,	PUNCT
cjal-9251	359	6	the	the	DET
cjal-9251	359	7	nssf	nssf	NOUN
cjal-9251	359	8	has	have	AUX
cjal-9251	359	9	been	be	AUX
cjal-9251	359	10	permitted	permit	VERB
cjal-9251	359	11	to	to	PART
cjal-9251	359	12	make	make	VERB
cjal-9251	359	13	equity	equity	NOUN
cjal-9251	359	14	investments	investment	NOUN
cjal-9251	359	15	in	in	ADP
cjal-9251	359	16	certain	certain	ADJ
cjal-9251	359	17	funds	fund	NOUN
cjal-9251	359	18	.	.	PUNCT
cjal-9251	360	1	since	since	SCONJ
cjal-9251	360	2	2010	2010	NUM
cjal-9251	360	3	,	,	PUNCT
cjal-9251	360	4	insurance	insurance	NOUN
cjal-9251	360	5	companies	company	NOUN
cjal-9251	360	6	were	be	AUX
cjal-9251	360	7	allowed	allow	VERB
cjal-9251	360	8	to	to	PART
cjal-9251	360	9	make	make	VERB
cjal-9251	360	10	equity	equity	NOUN
cjal-9251	360	11	investments	investment	NOUN
cjal-9251	360	12	.	.	PUNCT
cjal-9251	361	1	since	since	SCONJ
cjal-9251	361	2	2014	2014	NUM
cjal-9251	361	3	,	,	PUNCT
cjal-9251	361	4	insurance	insurance	NOUN
cjal-9251	361	5	companies	company	NOUN
cjal-9251	361	6	were	be	AUX
cjal-9251	361	7	permitted	permit	VERB
cjal-9251	361	8	to	to	PART
cjal-9251	361	9	make	make	VERB
cjal-9251	361	10	investments	investment	NOUN
cjal-9251	361	11	in	in	ADP
cjal-9251	361	12	vc	vc	PROPN
cjal-9251	361	13	funds	fund	NOUN
cjal-9251	361	14	.	.	PUNCT
cjal-9251	362	1	see	see	VERB
cjal-9251	362	2	appendix	appendix	ADJ
cjal-9251	362	3	2	2	NUM
cjal-9251	362	4	,	,	PUNCT
cjal-9251	362	5	infra	infra	NOUN
cjal-9251	362	6	.	.	PUNCT
cjal-9251	363	1	96	96	NUM
cjal-9251	363	2	gui	gui	NOUN
cjal-9251	363	3	jieying	jieying	NOUN
cjal-9251	363	4	(	(	PUNCT
cjal-9251	363	5	t'en!i~	t'en!i~	NOUN
cjal-9251	363	6	)	)	PUNCT
cjal-9251	363	7	2015	2015	NUM
cjal-9251	363	8	yi	yi	NOUN
cjal-9251	363	9	jidu	jidu	PROPN
cjal-9251	363	10	huoyue	huoyue	PROPN
cjal-9251	363	11	lp	lp	PROPN
cjal-9251	363	12	zengzbi	zengzbi	NOUN
cjal-9251	363	13	,	,	PUNCT
cjal-9251	363	14	14	14	NUM
cjal-9251	363	15	,	,	PUNCT
cjal-9251	363	16	337	337	NUM
cjal-9251	363	17	jia	jia	PROPN
cjal-9251	363	18	,	,	PUNCT
cjal-9251	363	19	xianzi	xianzi	PROPN
cjal-9251	363	20	,	,	PUNCT
cjal-9251	363	21	yindao	yindao	AUX
cjal-9251	363	22	jijin	jijin	PROPN
cjal-9251	363	23	qianzai	qianzai	AUX
cjal-9251	363	24	guimo	guimo	VERB
cjal-9251	363	25	pangda	pangda	NOUN
cjal-9251	363	26	(	(	PUNCT
cjal-9251	363	27	2015	2015	NUM
cjal-9251	363	28	-?ji:&mi\li	-?ji:&mi\li	NUM
cjal-9251	363	29	:	:	PUNCT
cjal-9251	364	1	lp	lp	PROPN
cjal-9251	365	1	ii~	ii~	PROPN
cjal-9251	365	2	14	14	NUM
cjal-9251	365	3	,	,	PUNCT
cjal-9251	365	4	337	337	NUM
cjal-9251	365	5	~.	~.	NOUN
cjal-9251	365	6	~!1f	~!1f	ADP
cjal-9251	365	7	,	,	PUNCT
cjal-9251	365	8	51	51	NUM
cjal-9251	365	9	~~£mte	~~£mte	NUM
cjal-9251	365	10	~	~	SYM
cjal-9251	365	11	ffi	ffi	PROPN
cjal-9251	365	12	i¾.:k	i¾.:k	NOUN
cjal-9251	365	13	)	)	PUNCT
cjal-9251	366	1	[	[	X
cjal-9251	366	2	for	for	ADP
cjal-9251	366	3	the	the	DET
cjal-9251	366	4	first	first	ADJ
cjal-9251	366	5	quarter	quarter	NOUN
cjal-9251	366	6	of	of	ADP
cjal-9251	366	7	2015	2015	NUM
cjal-9251	366	8	,	,	PUNCT
cjal-9251	366	9	actiue	actiue	VERB
cjal-9251	366	10	lps	lps	PROPN
cjal-9251	366	11	haue	haue	PROPN
cjal-9251	366	12	increased	increase	VERB
cjal-9251	366	13	to	to	ADP
cjal-9251	366	14	14	14	NUM
cjal-9251	366	15	337	337	NUM
cjal-9251	366	16	·	·	PUNCT
cjal-9251	366	17	insurance	insurance	NOUN
cjal-9251	366	18	conipanies	conipanie	NOUN
cjal-9251	366	19	and	and	CCONJ
cjal-9251	366	20	gouernment	gouernment	NOUN
cjal-9251	366	21	guidance	guidance	NOUN
cjal-9251	366	22	funds	fund	NOUN
cjal-9251	366	23	are	be	AUX
cjal-9251	366	24	potentially	potentially	ADV
cjal-9251	366	25	the	the	DET
cjal-9251	366	26	la;ges/	la;ges/	ADJ
cjal-9251	366	27	inuestors	inuestor	NOUN
cjal-9251	366	28	)	)	PUNCT
cjal-9251	366	29	touzijie	touzijie	NOUN
cjal-9251	366	30	(	(	PUNCT
cjal-9251	366	31	tit~~	tit~~	NOUN
cjal-9251	366	32	)	)	PUNCT
cjal-9251	367	1	[	[	X
cjal-9251	367	2	pedaily	pedaily	ADV
cjal-9251	367	3	)	)	PUNCT
cjal-9251	367	4	(	(	PUNCT
cjal-9251	367	5	apr	apr	PROPN
cjal-9251	367	6	.	.	PROPN
cjal-9251	367	7	28	28	NUM
cjal-9251	367	8	,	,	PUNCT
cjal-9251	367	9	2015	2015	NUM
cjal-9251	367	10	)	)	PUNCT
cjal-9251	367	11	,	,	PUNCT
cjal-9251	367	12	http	http	ADV
cjal-9251	367	13	:	:	PUNCT
cjal-9251	367	14	//bit.ly/2tzcvao	//bit.ly/2tzcvao	PUNCT
cjal-9251	367	15	.	.	PUNCT
cjal-9251	368	1	•	•	NOUN
cjal-9251	368	2	96	96	NUM
cjal-9251	368	3	baidu	baidu	NOUN
cjal-9251	368	4	baijia	baijia	NOUN
cjal-9251	368	5	gplp	gplp	ADJ
cjal-9251	368	6	(	(	PUNCT
cjal-9251	368	7	13	13	NUM
cjal-9251	368	8	&	&	CCONJ
cjal-9251	368	9	a	a	PRON
cjal-9251	368	10	*	*	ADJ
cjal-9251	368	11	gplp	gplp	ADJ
cjal-9251	368	12	)	)	PUNCT
cjal-9251	368	13	,	,	PUNCT
cjal-9251	368	14	sbebao	sbebao	VERB
cjal-9251	368	15	jijin	jijin	PROPN
cjal-9251	368	16	:	:	PUNCT
cjal-9251	368	17	jiemi	jiemi	PROPN
cjal-9251	368	18	touziquan	touziquan	PROPN
cjal-9251	368	19	da	da	PROPN
cjal-9251	368	20	boss	boss	PROPN
cjal-9251	368	21	xuanxiu	xuanxiu	PROPN
cjal-9251	368	22	pe	pe	PROPN
cjal-9251	368	23	~e	~e	NUM
cjal-9251	368	24	biaozhun	biaozhun	PROPN
cjal-9251	368	25	(	(	PUNCT
cjal-9251	368	26	t±~~£	t±~~£	PROPN
cjal-9251	368	27	:	:	PUNCT
cjal-9251	368	28	!	!	PUNCT
cjal-9251	369	1	i	i	PRON
cjal-9251	369	2	~	~	PUNCT
cjal-9251	369	3	tui:11!:k	tui:11!:k	X
cjal-9251	369	4	boss~~	boss~~	PROPN
cjal-9251	369	5	pe	pe	ADP
cjal-9251	369	6	1¥.j#l'!e	1¥.j#l'!e	NUM
cjal-9251	369	7	)	)	PUNCT
cjal-9251	370	1	[	[	X
cjal-9251	370	2	social	social	ADJ
cjal-9251	370	3	security	security	NOUN
cjal-9251	370	4	fund	fund	NOUN
cjal-9251	370	5	:	:	PUNCT
cjal-9251	370	6	reuealmg	reuealmg	VERB
cjal-9251	370	7	the	the	DET
cjal-9251	370	8	big	big	ADJ
cjal-9251	370	9	boss	boss	NOUN
cjal-9251	370	10	standards	standard	NOUN
cjal-9251	370	11	of	of	ADP
cjal-9251	370	12	drafting	draft	VERB
cjal-9251	370	13	pe	pe	X
cjal-9251	370	14	]	]	X
cjal-9251	370	15	,	,	PUNCT
cjal-9251	370	16	touzijie	touzijie	PROPN
cjal-9251	370	17	(	(	PUNCT
cjal-9251	370	18	tlt	tlt	NOUN
cjal-9251	370	19	~	~	X
cjal-9251	370	20	j!-	j!-	X
cjal-9251	370	21	)	)	PUNCT
cjal-9251	371	1	[	[	X
cjal-9251	371	2	pedaily	pedaily	ADV
cjal-9251	371	3	)	)	PUNCT
cjal-9251	371	4	(	(	PUNCT
cjal-9251	371	5	may	may	PROPN
cjal-9251	371	6	9	9	NUM
cjal-9251	371	7	,	,	PUNCT
cjal-9251	371	8	2016	2016	NUM
cjal-9251	371	9	)	)	PUNCT
cjal-9251	371	10	,	,	PUNCT
cjal-9251	371	11	bttp://pe.pedaily.cn/201605/20160509396982.shtml	bttp://pe.pedaily.cn/201605/20160509396982.shtml	VERB
cjal-9251	371	12	!	!	PUNCT
cjal-9251	372	1	n	n	CCONJ
cjal-9251	373	1	quanguo	quanguo	PROPN
cjal-9251	373	2	shehui	shehui	PROPN
cjal-9251	373	3	baozhang	baozhang	PROPN
cjal-9251	373	4	jijin	jijin	PROPN
cjal-9251	373	5	tiaoli	tiaoli	PROPN
cjal-9251	373	6	(	(	PUNCT
cjal-9251	373	7	~	~	PUNCT
cjal-9251	373	8	iii	iii	X
cjal-9251	373	9	t±	t±	NOUN
cjal-9251	373	10	i!+l	i!+l	PROPN
cjal-9251	373	11	_	_	SYM
cjal-9251	373	12	ijo	ijo	PROPN
cjal-9251	374	1	[	[	AUX
cjal-9251	374	2	regulations	regulation	NOUN
cjal-9251	374	3	of	of	ADP
cjal-9251	374	4	national	national	ADJ
cjal-9251	374	5	social	social	ADJ
cjal-9251	374	6	security	security	NOUN
cjal-9251	374	7	fund	fund	NOUN
cjal-9251	374	8	]	]	PUNCT
cjal-9251	374	9	,	,	PUNCT
cjal-9251	374	10	(	(	PUNCT
cjal-9251	374	11	promulgated	promulgate	VERB
cjal-9251	374	12	by	by	ADP
cjal-9251	374	13	the	the	DET
cjal-9251	374	14	state	state	PROPN
cjal-9251	374	15	council	council	PROPN
cjal-9251	374	16	,	,	PUNCT
cjal-9251	374	17	mar	mar	PROPN
cjal-9251	374	18	.	.	PROPN
cjal-9251	374	19	26	26	NUM
cjal-9251	374	20	,	,	PUNCT
cjal-9251	374	21	2016	2016	NUM
cjal-9251	374	22	,	,	PUNCT
cjal-9251	374	23	effective	effective	ADJ
cjal-9251	374	24	apr	apr	NOUN
cjal-9251	374	25	.	.	PROPN
cjal-9251	374	26	1	1	NUM
cjal-9251	374	27	,	,	PUNCT
cjal-9251	374	28	2016	2016	NUM
cjal-9251	374	29	)	)	PUNCT
cjal-9251	374	30	,	,	PUNCT
cjal-9251	374	31	http	http	CCONJ
cjal-9251	374	32	:	:	PUNCT
cjal-9251	374	33	//bit.ly/2s377ur	//bit.ly/2s377ur	PROPN
cjal-9251	374	34	.	.	NOUN
cjal-9251	374	35	2017	2017	NUM
cjal-9251	374	36	)	)	PUNCT
cjal-9251	374	37	engineering	engineer	VERB
cjal-9251	374	38	a	a	DET
cjal-9251	374	39	venture	venture	NOUN
cjal-9251	374	40	capital	capital	NOUN
cjal-9251	374	41	market	market	NOUN
cjal-9251	374	42	table	table	NOUN
cjal-9251	374	43	1	1	NUM
cjal-9251	374	44	:	:	PUNCT
cjal-9251	374	45	percentage	percentage	NOUN
cjal-9251	374	46	of	of	ADP
cjal-9251	374	47	capital	capital	NOUN
cjal-9251	374	48	raised	raise	VERB
cjal-9251	374	49	by	by	ADP
cjal-9251	374	50	lps	lps	PROPN
cjal-9251	374	51	in	in	ADP
cjal-9251	374	52	china	china	PROPN
cjal-9251	374	53	's	's	PART
cjal-9251	374	54	venture	venture	NOUN
cjal-9251	374	55	capital	capital	NOUN
cjal-9251	374	56	and	and	CCONJ
cjal-9251	374	57	private	private	ADJ
cjal-9251	374	58	equity	equity	NOUN
cjal-9251	374	59	market	market	NOUN
cjal-9251	374	60	(	(	PUNCT
cjal-9251	374	61	by	by	ADP
cjal-9251	374	62	investable	investable	ADJ
cjal-9251	374	63	amount	amount	NOUN
cjal-9251	374	64	)	)	PUNCT
cjal-9251	374	65	(	(	PUNCT
cjal-9251	374	66	2011	2011	NUM
cjal-9251	374	67	-	-	SYM
cjal-9251	374	68	2015	2015	NUM
cjal-9251	374	69	)	)	PUNCT
cjal-9251	374	70	175	175	NUM
cjal-9251	374	71	2011	2011	NUM
cjal-9251	374	72	(	(	PUNCT
cjal-9251	374	73	¾)98	¾)98	NOUN
cjal-9251	374	74	2012(¾	2012(¾	NUM
cjal-9251	374	75	)	)	PUNCT
cjal-9251	374	76	"	"	PUNCT
cjal-9251	374	77	2013	2013	NUM
cjal-9251	374	78	(	(	PUNCT
cjal-9251	374	79	¾)100	¾)100	NOUN
cjal-9251	374	80	2014	2014	NUM
cjal-9251	374	81	(	(	PUNCT
cjal-9251	374	82	¾)101	¾)101	VERB
cjal-9251	374	83	2015(¾)102	2015(¾)102	PROPN
cjal-9251	374	84	listed	list	VERB
cjal-9251	374	85	companies	company	NOUN
cjal-9251	374	86	28.7	28.7	NUM
cjal-9251	374	87	26.3	26.3	NUM
cjal-9251	374	88	26.3	26.3	NUM
cjal-9251	374	89	25.0	25.0	NUM
cjal-9251	374	90	24.5	24.5	NUM
cjal-9251	374	91	public	public	ADJ
cjal-9251	374	92	pension	pension	NOUN
cjal-9251	374	93	funds	fund	NOUN
cjal-9251	374	94	20.4	20.4	NUM
cjal-9251	374	95	20.7	20.7	NUM
cjal-9251	374	96	20.3	20.3	NUM
cjal-9251	374	97	19.2	19.2	NUM
cjal-9251	374	98	17.8	17.8	NUM
cjal-9251	374	99	sovereign	sovereign	ADJ
cjal-9251	374	100	wealth	wealth	NOUN
cjal-9251	374	101	funds	fund	NOUN
cjal-9251	374	102	19.0	19.0	NUM
cjal-9251	374	103	19	19	NUM
cjal-9251	374	104	.	.	PUNCT
cjal-9251	374	105	1	1	NUM
cjal-9251	374	106	18.7	18.7	NUM
cjal-9251	374	107	17.5	17.5	NUM
cjal-9251	374	108	16.o	16.o	NUM
cjal-9251	374	109	enterprises	enterprise	NOUN
cjal-9251	374	110	103	103	NUM
cjal-9251	374	111	3.5	3.5	NUM
cjal-9251	374	112	3.4	3.4	NUM
cjal-9251	374	113	3.6	3.6	NUM
cjal-9251	374	114	4.5	4.5	NUM
cjal-9251	374	115	4.5	4.5	NUM
cjal-9251	374	116	fund	fund	NOUN
cjal-9251	374	117	of	of	ADP
cjal-9251	374	118	funds	fund	NOUN
cjal-9251	374	119	5.9	5.9	NUM
cjal-9251	374	120	6.4	6.4	NUM
cjal-9251	374	121	6.3	6.3	NUM
cjal-9251	374	122	6.1	6.1	NUM
cjal-9251	374	123	5.6	5.6	NUM
cjal-9251	374	124	investment	investment	NOUN
cjal-9251	374	125	companies	company	NOUN
cjal-9251	374	126	2.8	2.8	NUM
cjal-9251	374	127	4.0	4.0	NUM
cjal-9251	374	128	4.1	4.1	NUM
cjal-9251	374	129	4.5	4.5	NUM
cjal-9251	374	130	4.7	4.7	NUM
cjal-9251	374	131	vc	vc	PROPN
cjal-9251	374	132	/	/	SYM
cjal-9251	374	133	pe	pe	PROPN
cjal-9251	374	134	institutions	institution	NOUN
cjal-9251	374	135	3.7	3.7	NUM
cjal-9251	374	136	3.2	3.2	NUM
cjal-9251	374	137	3.3	3.3	NUM
cjal-9251	374	138	3.8	3.8	NUM
cjal-9251	374	139	3.8	3.8	NUM
cjal-9251	374	140	enterprise	enterprise	NOUN
cjal-9251	374	141	annuity	annuity	NOUN
cjal-9251	374	142	fund	fund	NOUN
cjal-9251	374	143	4.3	4.3	NUM
cjal-9251	374	144	4.1	4.1	NUM
cjal-9251	374	145	4.0	4.0	NUM
cjal-9251	374	146	3.7	3.7	NUM
cjal-9251	374	147	3.4	3.4	NUM
cjal-9251	374	148	governmental	governmental	ADJ
cjal-9251	374	149	agencies	agency	NOUN
cjal-9251	374	150	0.4	0.4	NUM
cjal-9251	374	151	0.9	0.9	NUM
cjal-9251	374	152	1.0	1.0	NUM
cjal-9251	374	153	3.4	3.4	NUM
cjal-9251	374	154	5.9	5.9	NUM
cjal-9251	374	155	wealthy	wealthy	ADJ
cjal-9251	374	156	families	family	NOUN
cjal-9251	374	157	and	and	CCONJ
cjal-9251	374	158	0.7	0.7	NUM
cjal-9251	374	159	1.1	1.1	NUM
cjal-9251	374	160	1.3	1.3	NUM
cjal-9251	374	161	1.5	1.5	NUM
cjal-9251	374	162	1.6	1.6	NUM
cjal-9251	374	163	individuals	individual	NOUN
cjal-9251	374	164	private	private	ADJ
cjal-9251	374	165	family	family	NOUN
cjal-9251	374	166	funds	fund	VERB
cjal-9251	374	167	1.4	1.4	NUM
cjal-9251	374	168	1.4	1.4	NUM
cjal-9251	374	169	1.3	1.3	NUM
cjal-9251	374	170	1.2	1.2	NUM
cjal-9251	374	171	1.1	1.1	NUM
cjal-9251	374	172	trusts	trust	NOUN
cjal-9251	374	173	0.2	0.2	NUM
cjal-9251	374	174	0.3	0.3	NUM
cjal-9251	374	175	0.4	0.4	NUM
cjal-9251	374	176	0.5	0.5	NUM
cjal-9251	374	177	banks	bank	NOUN
cjal-9251	374	178	3.8	3.8	NUM
cjal-9251	374	179	10•	10•	NUM
cjal-9251	374	180	3.0	3.0	NUM
cjal-9251	374	181	2.9	2.9	NUM
cjal-9251	374	182	2.8	2.8	NUM
cjal-9251	374	183	4.0	4.0	NUM
cjal-9251	374	184	asset	asset	NOUN
cjal-9251	374	185	management	management	NOUN
cjal-9251	374	186	companies	company	NOUN
cjal-9251	374	187	1.7	1.7	NUM
cjal-9251	374	188	2.3	2.3	NUM
cjal-9251	374	189	2.3	2.3	NUM
cjal-9251	374	190	2.3	2.3	NUM
cjal-9251	374	191	2.4	2.4	NUM
cjal-9251	374	192	government	government	NOUN
cjal-9251	374	193	-	-	PUNCT
cjal-9251	374	194	guided	guide	VERB
cjal-9251	374	195	funds	fund	NOUN
cjal-9251	374	196	1.8	1.8	NUM
cjal-9251	374	197	2.1	2.1	NUM
cjal-9251	374	198	2.1	2.1	NUM
cjal-9251	374	199	2.0	2.0	NUM
cjal-9251	374	200	2.0	2.0	NUM
cjal-9251	374	201	endowment	endowment	NOUN
cjal-9251	374	202	funds	fund	NOUN
cjal-9251	374	203	0.1	0.1	NUM
cjal-9251	374	204	0.1	0.1	NUM
cjal-9251	374	205	0.1	0.1	NUM
cjal-9251	374	206	0.1	0.1	NUM
cjal-9251	374	207	in	in	ADP
cjal-9251	374	208	surance	surance	NOUN
cjal-9251	374	209	institutions	institution	NOUN
cjal-9251	374	210	1.1	1.1	NUM
cjal-9251	374	211	1.0	1.0	NUM
cjal-9251	374	212	1.1	1.1	NUM
cjal-9251	374	213	1.1	1.1	NUM
cjal-9251	374	214	1.1	1.1	NUM
cjal-9251	374	215	university	university	NOUN
cjal-9251	374	216	endowment	endowment	NOUN
cjal-9251	374	217	funds	fund	VERB
cjal-9251	374	218	0.8	0.8	NUM
cjal-9251	374	219	0.7	0.7	NUM
cjal-9251	374	220	0.7	0.7	NUM
cjal-9251	374	221	0.7	0.7	NUM
cjal-9251	374	222	0.6	0.6	NUM
cjal-9251	374	223	others	other	NOUN
cjal-9251	374	224	0.2	0.2	NUM
cjal-9251	374	225	0.2	0.2	NUM
cjal-9251	374	226	0.2	0.2	NUM
cjal-9251	374	227	0.3	0.3	NUM
cjal-9251	374	228	total	total	NOUN
cjal-9251	374	229	100.0	100.0	NUM
cjal-9251	374	230	100.0	100.0	NUM
cjal-9251	374	231	100.0	100.0	NUM
cjal-9251	374	232	100.0	100.0	NUM
cjal-9251	374	233	100.0	100.0	NUM
cjal-9251	374	234	98	98	NUM
cjal-9251	374	235	2011	2011	NUM
cjal-9251	374	236	nian	nian	PROPN
cjal-9251	374	237	zbongguo	zbongguo	PROPN
cjal-9251	374	238	simu	simu	PROPN
cjal-9251	374	239	guquan	guquan	PROPN
cjal-9251	375	1	touzi	touzi	PROPN
cjal-9251	375	2	shichang	shichang	VERB
cjal-9251	375	3	lp	lp	PROPN
cjal-9251	375	4	niandu	niandu	PROPN
cjal-9251	375	5	yanjiu	yanjiu	PROPN
cjal-9251	375	6	baogao	baogao	NOUN
cjal-9251	375	7	jianban	jianban	PROPN
cjal-9251	375	8	(	(	PUNCT
cjal-9251	375	9	2011	2011	NUM
cjal-9251	375	10	~'f'lip!'l.m1!2tltif1fm~	~'f'lip!'l.m1!2tltif1fm~	SYM
cjal-9251	375	11	lp	lp	PROPN
cjal-9251	375	12	4'&liffyi:=lfh!rfijl\	4'&liffyi:=lfh!rfijl\	NUM
cjal-9251	375	13	&	&	CCONJ
cjal-9251	375	14	)	)	PUNCT
cjal-9251	376	1	[	[	X
cjal-9251	376	2	summary	summary	NOUN
cjal-9251	376	3	of	of	ADP
cjal-9251	376	4	private	private	ADJ
cjal-9251	376	5	equity	equity	NOUN
cjal-9251	376	6	market	market	NOUN
cjal-9251	376	7	lp	lp	PRON
cjal-9251	376	8	yearly	yearly	ADJ
cjal-9251	376	9	research	research	NOUN
cjal-9251	376	10	report	report	NOUN
cjal-9251	376	11	2011	2011	NUM
cjal-9251	376	12	]	]	PUNCT
cjal-9251	376	13	,	,	PUNCT
cjal-9251	376	14	touzijie	touzijie	NOUN
cjal-9251	376	15	(	(	PUNCT
cjal-9251	376	16	ti	ti	NOUN
cjal-9251	376	17	!	!	PUNCT
cjal-9251	376	18	it	it	PRON
cjal-9251	376	19	jf	jf	PROPN
cjal-9251	376	20	)	)	PUNCT
cjal-9251	377	1	[	[	X
cjal-9251	377	2	pedaily	pedaily	ADV
cjal-9251	377	3	]	]	X
cjal-9251	377	4	,	,	PUNCT
cjal-9251	377	5	http://bit.ly/2ucgxtv	http://bit.ly/2ucgxtv	PROPN
cjal-9251	377	6	.	.	PUNCT
cjal-9251	378	1	99	99	NUM
cjal-9251	378	2	2012	2012	NUM
cjal-9251	378	3	nian	nian	ADJ
cjal-9251	378	4	zhongguo	zhongguo	PROPN
cjal-9251	378	5	simu	simu	PROPN
cjal-9251	378	6	guquan	guquan	PROPN
cjal-9251	378	7	touzi	touzi	PROPN
cjal-9251	378	8	shichang	shichang	VERB
cjal-9251	378	9	lp	lp	PROPN
cjal-9251	378	10	niandu	niandu	PROPN
cjal-9251	378	11	yanjiu	yanjiu	PROPN
cjal-9251	378	12	baogao	baogao	NOUN
cjal-9251	378	13	jianban	jianban	PROPN
cjal-9251	378	14	{	{	PUNCT
cjal-9251	378	15	2012	2012	NUM
cjal-9251	378	16	:	:	PUNCT
cjal-9251	378	17	lf:'f	lf:'f	PROPN
cjal-9251	378	18	'	'	PART
cjal-9251	378	19	li	li	X
cjal-9251	379	1	~	~	PROPN
cjal-9251	379	2	m112tltif1£m~	m112tltif1£m~	PROPN
cjal-9251	379	3	lp	lp	PROPN
cjal-9251	379	4	~&liffyi::fll'o!ffijl\	~&liffyi::fll'o!ffijl\	NOUN
cjal-9251	379	5	&	&	CCONJ
cjal-9251	379	6	)	)	PUNCT
cjal-9251	380	1	[	[	X
cjal-9251	380	2	summary	summary	NOUN
cjal-9251	380	3	of	of	ADP
cjal-9251	380	4	private	private	ADJ
cjal-9251	380	5	equity	equity	NOUN
cjal-9251	380	6	market	market	NOUN
cjal-9251	380	7	lp	lp	PRON
cjal-9251	380	8	yearly	yearly	ADJ
cjal-9251	380	9	research	research	NOUN
cjal-9251	380	10	report	report	NOUN
cjal-9251	380	11	2012	2012	NUM
cjal-9251	380	12	]	]	PUNCT
cjal-9251	380	13	,	,	PUNCT
cjal-9251	380	14	touzijie	touzijie	NOUN
cjal-9251	380	15	(	(	PUNCT
cjal-9251	380	16	till'i!f-	till'i!f-	NOUN
cjal-9251	380	17	)	)	PUNCT
cjal-9251	381	1	[	[	X
cjal-9251	381	2	pedaily	pedaily	ADV
cjal-9251	381	3	]	]	X
cjal-9251	381	4	,	,	PUNCT
cjal-9251	381	5	http	http	NOUN
cjal-9251	381	6	:	:	PUNCT
cjal-9251	381	7	//bit.ly/	//bit.ly/	PUNCT
cjal-9251	381	8	2szlejv	2szlejv	NUM
cjal-9251	381	9	.	.	NOUN
cjal-9251	381	10	100	100	NUM
cjal-9251	381	11	2013	2013	NUM
cjal-9251	381	12	nian	nian	ADJ
cjal-9251	381	13	zhongguo	zhongguo	PROPN
cjal-9251	381	14	simu	simu	PROPN
cjal-9251	381	15	guquan	guquan	PROPN
cjal-9251	382	1	touzi	touzi	PROPN
cjal-9251	382	2	shichang	shichang	VERB
cjal-9251	382	3	lp	lp	PROPN
cjal-9251	382	4	niandu	niandu	PROPN
cjal-9251	382	5	yanjiu	yanjiu	PROPN
cjal-9251	382	6	baogao	baogao	NOUN
cjal-9251	382	7	jianban	jianban	PROPN
cjal-9251	382	8	(	(	PUNCT
cjal-9251	382	9	20	20	NUM
cjal-9251	382	10	13	13	NUM
cjal-9251	382	11	~'f	~'f	NUM
cjal-9251	382	12	'	'	PART
cjal-9251	382	13	f	f	X
cjal-9251	382	14	:	:	PUNCT
cjal-9251	382	15	iil	iil	PROPN
cjal-9251	382	16	~	~	PROPN
cjal-9251	382	17	jj112tltill'i	jj112tltill'i	PROPN
cjal-9251	382	18	iii~	iii~	ADJ
cjal-9251	382	19	lp	lp	NOUN
cjal-9251	382	20	:	:	PUNCT
cjal-9251	382	21	lf	lf	ADP
cjal-9251	382	22	:	:	PUNCT
cjal-9251	382	23	l!tliff'1	l!tliff'1	NOUN
cjal-9251	382	24	:	:	PUNCT
cjal-9251	382	25	ffl~/llll\	ffl~/llll\	PROPN
cjal-9251	382	26	&	&	CCONJ
cjal-9251	382	27	)	)	PUNCT
cjal-9251	383	1	[	[	X
cjal-9251	383	2	summary	summary	NOUN
cjal-9251	383	3	of	of	ADP
cjal-9251	383	4	private	private	ADJ
cjal-9251	383	5	equity	equity	NOUN
cjal-9251	383	6	market	market	NOUN
cjal-9251	383	7	lp	lp	PRON
cjal-9251	383	8	yearly	yearly	ADJ
cjal-9251	383	9	research	research	NOUN
cjal-9251	383	10	report	report	NOUN
cjal-9251	383	11	2013	2013	NUM
cjal-9251	383	12	]	]	PUNCT
cjal-9251	383	13	,	,	PUNCT
cjal-9251	383	14	touzijie	touzijie	NOUN
cjal-9251	383	15	(	(	PUNCT
cjal-9251	383	16	ti	ti	NOUN
cjal-9251	383	17	ll'i	ll'i	PROPN
cjal-9251	383	18	!	!	PUNCT
cjal-9251	383	19	f.	f.	PROPN
cjal-9251	383	20	)	)	PUNCT
cjal-9251	384	1	[	[	X
cjal-9251	384	2	pedaily	pedaily	ADV
cjal-9251	384	3	]	]	X
cjal-9251	384	4	,	,	PUNCT
cjal-9251	384	5	http://bit.ly/2sshj3q	http://bit.ly/2sshj3q	X
cjal-9251	384	6	.	.	PUNCT
cjal-9251	385	1	101	101	NUM
cjal-9251	385	2	2014	2014	NUM
cjal-9251	385	3	nian	nian	ADJ
cjal-9251	385	4	zhongguo	zhongguo	PROPN
cjal-9251	385	5	simu	simu	PROPN
cjal-9251	385	6	guquan	guquan	PROPN
cjal-9251	385	7	touzi	touzi	PROPN
cjal-9251	385	8	shichang	shichang	VERB
cjal-9251	385	9	lp	lp	PROPN
cjal-9251	385	10	niandu	niandu	PROPN
cjal-9251	385	11	yanjiu	yanjiu	PROPN
cjal-9251	385	12	baogao	baogao	NOUN
cjal-9251	385	13	jianban	jianban	PROPN
cjal-9251	385	14	(	(	PUNCT
cjal-9251	385	15	2014	2014	NUM
cjal-9251	385	16	'	'	PUNCT
cjal-9251	385	17	f	f	X
cjal-9251	385	18	'	'	PUNCT
cjal-9251	385	19	ie	ie	X
cjal-9251	385	20	~	~	SYM
cjal-9251	385	21	jjjl2tltill'i	jjjl2tltill'i	NOUN
cjal-9251	385	22	fp~	fp~	PROPN
cjal-9251	385	23	lp	lp	NOUN
cjal-9251	385	24	!	!	PUNCT
cjal-9251	386	1	f.&liffyi	f.&liffyi	PROPN
cjal-9251	386	2	:	:	PUNCT
cjal-9251	386	3	ffl	ffl	PROPN
cjal-9251	386	4	i!r	i!r	PROPN
cjal-9251	386	5	/	/	SYM
cjal-9251	386	6	llll\	llll\	PROPN
cjal-9251	386	7	&	&	CCONJ
cjal-9251	386	8	)	)	PUNCT
cjal-9251	387	1	[	[	X
cjal-9251	387	2	summary	summary	NOUN
cjal-9251	387	3	of	of	ADP
cjal-9251	387	4	private	private	ADJ
cjal-9251	387	5	equity	equity	NOUN
cjal-9251	387	6	market	market	NOUN
cjal-9251	387	7	lp	lp	PRON
cjal-9251	387	8	yearly	yearly	ADJ
cjal-9251	387	9	research	research	NOUN
cjal-9251	387	10	report	report	NOUN
cjal-9251	387	11	2014	2014	NUM
cjal-9251	387	12	]	]	PUNCT
cjal-9251	387	13	,	,	PUNCT
cjal-9251	387	14	touzijie	touzijie	PROPN
cjal-9251	387	15	(	(	PUNCT
cjal-9251	387	16	ti	ti	NOUN
cjal-9251	387	17	jf	jf	PROPN
cjal-9251	387	18	)	)	PUNCT
cjal-9251	388	1	[	[	X
cjal-9251	388	2	pedaily	pedaily	ADV
cjal-9251	388	3	]	]	X
cjal-9251	388	4	,	,	PUNCT
cjal-9251	388	5	http://bit	http://bit	PROPN
cjal-9251	388	6	.ly/2szwgfh	.ly/2szwgfh	PROPN
cjal-9251	388	7	.	.	PUNCT
cjal-9251	389	1	102	102	NUM
cjal-9251	389	2	qingk	qingk	NOUN
cjal-9251	389	3	e	e	NOUN
cjal-9251	389	4	nianbao	nianbao	NOUN
cjal-9251	389	5	:	:	PUNCT
cjal-9251	389	6	simutong	simutong	PROPN
cjal-9251	389	7	shoulu	shoulu	VERB
cjal-9251	389	8	lp	lp	PROPN
cjal-9251	389	9	zengzhi	zengzhi	PROPN
cjal-9251	389	10	15,849	15,849	NUM
cjal-9251	389	11	jia	jia	PROPN
cjal-9251	389	12	,	,	PUNCT
cjal-9251	389	13	zhengfu	zhengfu	PROPN
cjal-9251	389	14	yindao	yindao	AUX
cjal-9251	389	15	jijin	jijin	PROPN
cjal-9251	389	16	,	,	PUNCT
cjal-9251	389	17	shangshi	shangshi	ADJ
cjal-9251	389	18	gongsi	gongsi	PROPN
cjal-9251	389	19	,	,	PUNCT
cjal-9251	389	20	xianzi	xianzi	PROPN
cjal-9251	389	21	cheng	cheng	PROPN
cjal-9251	389	22	2015	2015	NUM
cjal-9251	389	23	zui	zui	PROPN
cjal-9251	389	24	ri	ri	PROPN
cjal-9251	389	25	jigou	jigou	PROPN
cjal-9251	389	26	lp	lp	PROPN
cjal-9251	389	27	(	(	PUNCT
cjal-9251	389	28	n!ff,}ifcffl	n!ff,}ifcffl	ADV
cjal-9251	389	29	:	:	PUNCT
cjal-9251	389	30	~jj.imi&:!r	~jj.imi&:!r	PUNCT
cjal-9251	389	31	lp	lp	NOUN
cjal-9251	389	32	:	:	PUNCT
cjal-9251	389	33	it~	it~	NOUN
cjal-9251	389	34	15,849	15,849	NUM
cjal-9251	389	35	~c	~c	PUNCT
cjal-9251	389	36	ij;luf.mi	ij;luf.mi	NOUN
cjal-9251	389	37	-	-	PUNCT
cjal-9251	389	38	itili!i~	itili!i~	NOUN
cjal-9251	389	39	,	,	PUNCT
cjal-9251	389	40	..	..	PUNCT
cjal-9251	389	41	trn	trn	X
cjal-9251	389	42	~	~	SYM
cjal-9251	389	43	i'i'j	i'i'j	PROPN
cjal-9251	389	44	,	,	PUNCT
cjal-9251	389	45	~ll'i$	~ll'i$	NUM
cjal-9251	389	46	;	;	PUNCT
cjal-9251	389	47	2015	2015	NUM
cjal-9251	389	48	:	:	PUNCT
cjal-9251	389	49	q~;ffl.¥	q~;ffl.¥	NOUN
cjal-9251	389	50	;)	;)	SYM
cjal-9251	389	51	lp	lp	NOUN
cjal-9251	389	52	)	)	PUNCT
cjal-9251	390	1	[	[	X
cjal-9251	390	2	yem	yem	X
cjal-9251	390	3	·	·	SYM
cjal-9251	390	4	2015	2015	NUM
cjal-9251	390	5	:	:	PUNCT
cjal-9251	390	6	qingke	qingke	VERB
cjal-9251	390	7	annual	annual	ADJ
cjal-9251	390	8	report	report	NOUN
cjal-9251	390	9	:	:	PUNCT
cjal-9251	390	10	pe	pe	PROPN
cjal-9251	390	11	lps	lps	PROPN
cjal-9251	390	12	increase	increase	VERB
cjal-9251	390	13	to	to	ADP
cjal-9251	390	14	15,849	15,849	NUM
cjal-9251	390	15	,	,	PUNCT
cjal-9251	390	16	government	government	NOUN
cjal-9251	390	17	guidance	guidance	NOUN
cjal-9251	390	18	funds	fund	NOUN
cjal-9251	390	19	,	,	PUNCT
cjal-9251	390	20	listed	list	VERB
cjal-9251	390	21	companies	company	NOUN
cjal-9251	390	22	,	,	PUNCT
cjal-9251	390	23	insurance	insurance	NOUN
cjal-9251	390	24	instituti	instituti	PROPN
cjal-9251	390	25	ons	ons	PROPN
cjal-9251	390	26	are	be	AUX
cjal-9251	390	27	the	the	DET
cjal-9251	390	28	most	most	ADV
cjal-9251	390	29	popular	popular	ADJ
cjal-9251	390	30	institutional	institutional	ADJ
cjal-9251	390	31	lpsj	lpsj	NOUN
cjal-9251	390	32	,	,	PUNCT
cjal-9251	390	33	touzijie	touzijie	NOUN
cjal-9251	390	34	(	(	PUNCT
cjal-9251	390	35	till'i!f-	till'i!f-	NOUN
cjal-9251	390	36	)	)	PUNCT
cjal-9251	391	1	[	[	X
cjal-9251	391	2	pedaily	pedaily	ADV
cjal-9251	391	3	]	]	X
cjal-9251	391	4	(	(	PUNCT
cjal-9251	391	5	feb	feb	PROPN
cjal-9251	391	6	.	.	PROPN
cjal-9251	391	7	01	01	NUM
cjal-9251	391	8	,	,	PUNCT
cjal-9251	391	9	2016	2016	NUM
cjal-9251	391	10	)	)	PUNCT
cjal-9251	391	11	,	,	PUNCT
cjal-9251	391	12	http://bit.ly/2tbwqf9	http://bit.ly/2tbwqf9	NOUN
cjal-9251	391	13	.	.	PUNCT
cjal-9251	392	1	1oa	1oa	ADJ
cjal-9251	392	2	enterprises	enterprise	NOUN
cjal-9251	392	3	excludes	exclude	VERB
cjal-9251	392	4	listed	list	VERB
cjal-9251	392	5	companies	company	NOUN
cjal-9251	392	6	.	.	PUNCT
cjal-9251	393	1	1oc	1oc	ADJ
cjal-9251	393	2	1n	1n	NUM
cjal-9251	393	3	2011	2011	NUM
cjal-9251	393	4	,	,	PUNCT
cjal-9251	393	5	trusts	trust	NOUN
cjal-9251	393	6	and	and	CCONJ
cjal-9251	393	7	banks	bank	NOUN
cjal-9251	393	8	were	be	AUX
cjal-9251	393	9	counted	count	VERB
cjal-9251	393	10	together	together	ADV
cjal-9251	393	11	.	.	PUNCT
cjal-9251	394	1	summary	summary	NOUN
cjal-9251	394	2	of	of	ADP
cjal-9251	394	3	private	private	ADJ
cjal-9251	394	4	equity	equity	NOUN
cjal-9251	394	5	investment	investment	NOUN
cjal-9251	394	6	market	market	NOUN
cjal-9251	394	7	lp	lp	DET
cjal-9251	394	8	yearly	yearly	ADJ
cjal-9251	394	9	research	research	NOUN
cjal-9251	394	10	report	report	NOUN
cjal-9251	394	11	2011	2011	NUM
cjal-9251	394	12	,	,	PUNCT
cjal-9251	394	13	supra	supra	PROPN
cjal-9251	394	14	note	note	NOUN
cjal-9251	394	15	98	98	NUM
cjal-9251	394	16	.	.	NOUN
cjal-9251	395	1	176	176	NUM
cjal-9251	395	2	columbia	columbia	PROPN
cjal-9251	395	3	journal	journal	PROPN
cjal-9251	395	4	of	of	ADP
cjal-9251	395	5	asian	asian	ADJ
cjal-9251	395	6	law	law	NOUN
cjal-9251	396	1	[	[	X
cjal-9251	396	2	vol	vol	NOUN
cjal-9251	396	3	.	.	PUNCT
cjal-9251	396	4	30:160	30:160	NUM
cjal-9251	396	5	table	table	NOUN
cjal-9251	396	6	2	2	NUM
cjal-9251	396	7	:	:	PUNCT
cjal-9251	396	8	percentage	percentage	NOUN
cjal-9251	396	9	of	of	ADP
cjal-9251	396	10	types	type	NOUN
cjal-9251	396	11	of	of	ADP
cjal-9251	396	12	limited	limited	ADJ
cjal-9251	396	13	partners	partner	NOUN
cjal-9251	396	14	in	in	ADP
cjal-9251	396	15	china	china	PROPN
cjal-9251	396	16	's	's	PART
cjal-9251	396	17	venture	venture	NOUN
cjal-9251	396	18	capital	capital	NOUN
cjal-9251	396	19	and	and	CCONJ
cjal-9251	396	20	private	private	ADJ
cjal-9251	396	21	equity	equity	NOUN
cjal-9251	396	22	market	market	NOUN
cjal-9251	396	23	(	(	PUNCT
cjal-9251	396	24	by	by	ADP
cjal-9251	396	25	number	number	NOUN
cjal-9251	396	26	)	)	PUNCT
cjal-9251	396	27	(	(	PUNCT
cjal-9251	396	28	2011	2011	NUM
cjal-9251	396	29	-	-	SYM
cjal-9251	396	30	2015	2015	NUM
cjal-9251	396	31	)	)	PUNCT
cjal-9251	396	32	2011	2011	NUM
cjal-9251	396	33	(	(	PUNCT
cjal-9251	396	34	0	0	NUM
cjal-9251	396	35	0	0	NUM
cjal-9251	396	36	)	)	PUNCT
cjal-9251	396	37	100	100	NUM
cjal-9251	396	38	2012	2012	NUM
cjal-9251	396	39	(	(	PUNCT
cjal-9251	396	40	0	0	NUM
cjal-9251	396	41	.	.	PUNCT
cjal-9251	396	42	)	)	PUNCT
cjal-9251	397	1	1111	1111	NUM
cjal-9251	397	2	2013	2013	NUM
cjal-9251	397	3	(	(	PUNCT
cjal-9251	397	4	0	0	NUM
cjal-9251	397	5	.	.	PUNCT
cjal-9251	397	6	)	)	PUNCT
cjal-9251	398	1	11	11	NUM
cjal-9251	398	2	"	"	SYM
cjal-9251	398	3	2014	2014	NUM
cjal-9251	398	4	(	(	PUNCT
cjal-9251	398	5	0	0	NUM
cjal-9251	398	6	.	.	PUNCT
cjal-9251	398	7	)	)	PUNCT
cjal-9251	399	1	1	1	NUM
cjal-9251	399	2	°	°	NUM
cjal-9251	399	3	"	"	PUNCT
cjal-9251	399	4	2015	2015	NUM
cjal-9251	399	5	(	(	PUNCT
cjal-9251	399	6	0	0	NUM
cjal-9251	399	7	.	.	PUNCT
cjal-9251	399	8	)	)	PUNCT
cjal-9251	400	1	11	11	NUM
cjal-9251	400	2	'	'	PART
cjal-9251	400	3	wealthy	wealthy	ADJ
cjal-9251	400	4	families	family	NOUN
cjal-9251	400	5	and	and	CCONJ
cjal-9251	400	6	46.l	46.l	NUM
cjal-9251	400	7	50.2	50.2	NUM
cjal-9251	400	8	50.8	50.8	NUM
cjal-9251	400	9	64.4	64.4	NUM
cjal-9251	400	10	53.0	53.0	NUM
cjal-9251	400	11	inruviduals	inruvidual	NOUN
cjal-9251	400	12	enterprises	enterprise	NOUN
cjal-9251	400	13	110	110	NUM
cjal-9251	400	14	19.5	19.5	NUM
cjal-9251	400	15	17.2	17.2	NUM
cjal-9251	400	16	16.6	16.6	NUM
cjal-9251	400	17	14.9	14.9	NUM
cjal-9251	400	18	14.6	14.6	NUM
cjal-9251	400	19	vc	vc	PROPN
cjal-9251	400	20	/	/	SYM
cjal-9251	400	21	pe	pe	PROPN
cjal-9251	400	22	institutions	institution	NOUN
cjal-9251	400	23	7.0	7.0	NUM
cjal-9251	400	24	6.3	6.3	NUM
cjal-9251	400	25	6.3	6.3	NUM
cjal-9251	400	26	6.2	6.2	NUM
cjal-9251	400	27	6.2	6.2	NUM
cjal-9251	400	28	investment	investment	NOUN
cjal-9251	400	29	companies	company	NOUN
cjal-9251	400	30	4	4	NUM
cjal-9251	400	31	.7	.7	NUM
cjal-9251	400	32	5.9	5.9	NUM
cjal-9251	400	33	6.1	6.1	NUM
cjal-9251	400	34	8.5	8.5	NUM
cjal-9251	400	35	9.4	9.4	NUM
cjal-9251	400	36	government	government	NOUN
cjal-9251	400	37	-	-	PUNCT
cjal-9251	400	38	guided	guide	VERB
cjal-9251	400	39	funds	fund	NOUN
cjal-9251	400	40	3.7	3.7	NUM
cjal-9251	400	41	2.8	2.8	NUM
cjal-9251	400	42	2.7	2.7	NUM
cjal-9251	400	43	2.0	2.0	NUM
cjal-9251	400	44	2.1	2.1	NUM
cjal-9251	400	45	listed	list	VERB
cjal-9251	400	46	companies	company	NOUN
cjal-9251	400	47	3.0	3.0	NUM
cjal-9251	400	48	4.3	4.3	NUM
cjal-9251	400	49	4.2	4.2	NUM
cjal-9251	400	50	3.9	3.9	NUM
cjal-9251	400	51	4.7	4.7	NUM
cjal-9251	400	52	asset	asset	NOUN
cjal-9251	400	53	management	management	NOUN
cjal-9251	400	54	companies	company	NOUN
cjal-9251	400	55	3.1	3.1	NUM
cjal-9251	400	56	2.3	2.3	NUM
cjal-9251	400	57	2.1	2.1	NUM
cjal-9251	400	58	1.7	1.7	NUM
cjal-9251	400	59	1.7	1.7	NUM
cjal-9251	400	60	governmental	governmental	ADJ
cjal-9251	400	61	agencies	agency	NOUN
cjal-9251	400	62	3.0	3.0	NUM
cjal-9251	400	63	3.2	3.2	NUM
cjal-9251	400	64	3.9	3.9	NUM
cjal-9251	400	65	3.1	3.1	NUM
cjal-9251	400	66	3.0	3.0	NUM
cjal-9251	400	67	0.6	0.6	NUM
cjal-9251	400	68	0.7	0.7	NUM
cjal-9251	400	69	0.5	0.5	NUM
cjal-9251	400	70	0.5	0.5	NUM
cjal-9251	400	71	trusts	trust	VERB
cjal-9251	400	72	3.6	3.6	NUM
cjal-9251	400	73	111	111	NUM
cjal-9251	400	74	1.3	1.3	NUM
cjal-9251	400	75	1.1	1.1	NUM
cjal-9251	400	76	0.8	0.8	NUM
cjal-9251	400	77	0.7	0.7	NUM
cjal-9251	400	78	ban.ks	ban.k	NOUN
cjal-9251	400	79	public	public	ADJ
cjal-9251	400	80	pension	pension	NOUN
cjal-9251	400	81	funds	fund	NOUN
cjal-9251	400	82	1.9	1.9	NUM
cjal-9251	400	83	1.3	1.3	NUM
cjal-9251	400	84	1.1	1.1	NUM
cjal-9251	400	85	0.8	0.8	NUM
cjal-9251	400	86	0.7	0.7	NUM
cjal-9251	400	87	fund	fund	NOUN
cjal-9251	400	88	of	of	ADP
cjal-9251	400	89	funds	fund	NOUN
cjal-9251	400	90	1.8	1.8	NUM
cjal-9251	400	91	1.5	1.5	NUM
cjal-9251	400	92	1.5	1.5	NUM
cjal-9251	400	93	1.3	1.3	NUM
cjal-9251	400	94	1.5	1.5	NUM
cjal-9251	400	95	university	university	NOUN
cjal-9251	400	96	endowment	endowment	NOUN
cjal-9251	400	97	funds	fund	VERB
cjal-9251	400	98	1.0	1.0	NUM
cjal-9251	400	99	0.5	0.5	NUM
cjal-9251	400	100	0.4	0.4	NUM
cjal-9251	400	101	0.3	0.3	NUM
cjal-9251	400	102	0.3	0.3	NUM
cjal-9251	400	103	insurance	insurance	NOUN
cjal-9251	400	104	institutions	institution	NOUN
cjal-9251	400	105	0.6	0.6	NUM
cjal-9251	400	106	0.6	0.6	NUM
cjal-9251	400	107	0.6	0.6	NUM
cjal-9251	400	108	0.4	0.4	NUM
cjal-9251	400	109	0.4	0.4	NUM
cjal-9251	400	110	private	private	ADJ
cjal-9251	400	111	family	family	NOUN
cjal-9251	400	112	funds	fund	NOUN
cjal-9251	400	113	0.5	0.5	NUM
cjal-9251	400	114	0.3	0.3	NUM
cjal-9251	400	115	0.3	0.3	NUM
cjal-9251	400	116	0.2	0.2	NUM
cjal-9251	400	117	0.2	0.2	NUM
cjal-9251	400	118	sovereign	sovereign	ADJ
cjal-9251	400	119	wealth	wealth	NOUN
cjal-9251	400	120	funds	fund	NOUN
cjal-9251	400	121	0.4	0.4	NUM
cjal-9251	400	122	0	0	NUM
cjal-9251	400	123	.3	.3	NUM
cjal-9251	400	124	0.3	0.3	NUM
cjal-9251	400	125	0.2	0.2	NUM
cjal-9251	400	126	0.1	0.1	NUM
cjal-9251	400	127	enterprise	enterprise	NOUN
cjal-9251	400	128	annuity	annuity	NOUN
cjal-9251	400	129	fund	fund	NOUN
cjal-9251	400	130	0.1	0.1	NUM
cjal-9251	400	131	0.1	0.1	NUM
cjal-9251	400	132	0.1	0.1	NUM
cjal-9251	400	133	0.1	0.1	NUM
cjal-9251	400	134	0.1	0.1	NUM
cjal-9251	400	135	endowment	endowment	NOUN
cjal-9251	400	136	funds	fund	NOUN
cjal-9251	400	137	0.3	0.3	NUM
cjal-9251	400	138	0.3	0.3	NUM
cjal-9251	400	139	0.2	0.2	NUM
cjal-9251	400	140	0.2	0.2	NUM
cjal-9251	400	141	others	other	NOUN
cjal-9251	400	142	1.0	1.0	NUM
cjal-9251	400	143	1.0	1.0	NUM
cjal-9251	400	144	0.9	0.9	NUM
cjal-9251	400	145	0.8	0.8	NUM
cjal-9251	400	146	total	total	NOUN
cjal-9251	400	147	100.0	100.0	NUM
cjal-9251	400	148	100.0	100.0	NUM
cjal-9251	400	149	100.0	100.0	NUM
cjal-9251	400	150	100.0	100.0	NUM
cjal-9251	400	151	100.0	100.0	NUM
cjal-9251	400	152	105	105	NUM
cjal-9251	400	153	summary	summary	NOUN
cjal-9251	400	154	of	of	ADP
cjal-9251	400	155	private	private	ADJ
cjal-9251	400	156	equity	equity	NOUN
cjal-9251	400	157	investment	investment	NOUN
cjal-9251	400	158	market	market	NOUN
cjal-9251	400	159	lp	lp	DET
cjal-9251	400	160	yearly	yearly	ADJ
cjal-9251	400	161	research	research	NOUN
cjal-9251	400	162	report	report	NOUN
cjal-9251	400	163	2011	2011	NUM
cjal-9251	400	164	,	,	PUNCT
cjal-9251	400	165	supra	supra	PROPN
cjal-9251	400	166	note	note	NOUN
cjal-9251	400	167	98	98	NUM
cjal-9251	400	168	.	.	NOUN
cjal-9251	400	169	100	100	NUM
cjal-9251	400	170	summary	summary	NOUN
cjal-9251	400	171	of	of	ADP
cjal-9251	400	172	private	private	ADJ
cjal-9251	400	173	equity	equity	NOUN
cjal-9251	400	174	investment	investment	NOUN
cjal-9251	400	175	market	market	NOUN
cjal-9251	400	176	lp	lp	PRON
cjal-9251	400	177	yearly	yearly	ADJ
cjal-9251	400	178	research	research	NOUN
cjal-9251	400	179	report	report	NOUN
cjal-9251	400	180	2012	2012	NUM
cjal-9251	400	181	,	,	PUNCT
cjal-9251	400	182	supra	supra	PROPN
cjal-9251	400	183	note	note	NOUN
cjal-9251	400	184	99	99	NUM
cjal-9251	400	185	.	.	PUNCT
cjal-9251	401	1	107	107	NUM
cjal-9251	401	2	summary	summary	NOUN
cjal-9251	401	3	of	of	ADP
cjal-9251	401	4	private	private	ADJ
cjal-9251	401	5	equity	equity	NOUN
cjal-9251	401	6	investment	investment	NOUN
cjal-9251	401	7	market	market	NOUN
cjal-9251	401	8	lp	lp	PRON
cjal-9251	401	9	yearly	yearly	ADJ
cjal-9251	401	10	research	research	NOUN
cjal-9251	401	11	report	report	NOUN
cjal-9251	401	12	2013	2013	NUM
cjal-9251	401	13	,	,	PUNCT
cjal-9251	401	14	supra	supra	PROPN
cjal-9251	401	15	note	note	NOUN
cjal-9251	401	16	100	100	NUM
cjal-9251	401	17	.	.	PUNCT
cjal-9251	402	1	his	his	PRON
cjal-9251	402	2	summary	summary	NOUN
cjal-9251	402	3	of	of	ADP
cjal-9251	402	4	private	private	ADJ
cjal-9251	402	5	equity	equity	NOUN
cjal-9251	402	6	investment	investment	NOUN
cjal-9251	402	7	market	market	NOUN
cjal-9251	402	8	lp	lp	PRON
cjal-9251	402	9	yearly	yearly	ADJ
cjal-9251	402	10	research	research	NOUN
cjal-9251	402	11	report	report	NOUN
cjal-9251	402	12	2014	2014	NUM
cjal-9251	402	13	,	,	PUNCT
cjal-9251	402	14	supra	supra	PROPN
cjal-9251	402	15	note	note	NOUN
cjal-9251	402	16	101	101	NUM
cjal-9251	402	17	.	.	PUNCT
cjal-9251	403	1	109	109	NUM
cjal-9251	403	2	year	year	NOUN
cjal-9251	403	3	2015	2015	NUM
cjal-9251	403	4	:	:	PUNCT
cjal-9251	403	5	qingke	qingke	VERB
cjal-9251	403	6	annual	annual	ADJ
cjal-9251	403	7	report	report	NOUN
cjal-9251	403	8	:	:	PUNCT
cjal-9251	403	9	pe	pe	PROPN
cjal-9251	403	10	lps	lps	PROPN
cjal-9251	403	11	increase	increase	VERB
cjal-9251	403	12	to	to	ADP
cjal-9251	403	13	15,849	15,849	NUM
cjal-9251	403	14	,	,	PUNCT
cjal-9251	403	15	government	government	NOUN
cjal-9251	403	16	guidance	guidance	NOUN
cjal-9251	403	17	funds	fund	NOUN
cjal-9251	403	18	,	,	PUNCT
cjal-9251	403	19	listed	list	VERB
cjal-9251	403	20	companies	company	NOUN
cjal-9251	403	21	,	,	PUNCT
cjal-9251	403	22	insurance	insurance	NOUN
cjal-9251	403	23	institutions	institution	NOUN
cjal-9251	403	24	are	be	AUX
cjal-9251	403	25	the	the	DET
cjal-9251	403	26	most	most	ADV
cjal-9251	403	27	popular	popular	ADJ
cjal-9251	403	28	institutional	institutional	ADJ
cjal-9251	403	29	lp	lp	PROPN
cjal-9251	403	30	s	s	PROPN
cjal-9251	403	31	,	,	PUNCT
cjal-9251	403	32	supra	supra	PROPN
cjal-9251	403	33	note	note	NOUN
cjal-9251	403	34	102	102	NUM
cjal-9251	403	35	.	.	NOUN
cjal-9251	404	1	110	110	NUM
cjal-9251	404	2	enterprises	enterprise	NOUN
cjal-9251	404	3	exclude	exclude	VERB
cjal-9251	404	4	listed	list	VERB
cjal-9251	404	5	companies	company	NOUN
cjal-9251	404	6	.	.	PUNCT
cjal-9251	404	7	111	111	NUM
cjal-9251	404	8	in	in	ADP
cjal-9251	404	9	2011	2011	NUM
cjal-9251	404	10	,	,	PUNCT
cjal-9251	404	11	trusts	trust	NOUN
cjal-9251	404	12	and	and	CCONJ
cjal-9251	404	13	banks	bank	NOUN
cjal-9251	404	14	were	be	AUX
cjal-9251	404	15	counted	count	VERB
cjal-9251	404	16	together	together	ADV
cjal-9251	404	17	.	.	PUNCT
cjal-9251	405	1	summary	summary	NOUN
cjal-9251	405	2	of	of	ADP
cjal-9251	405	3	prirnte	prirnte	PROPN
cjal-9251	405	4	equity	equity	NOUN
cjal-9251	405	5	investment	investment	NOUN
cjal-9251	405	6	market	market	NOUN
cjal-9251	405	7	lp	lp	DET
cjal-9251	405	8	yearly	yearly	ADJ
cjal-9251	405	9	research	research	NOUN
cjal-9251	405	10	report	report	NOUN
cjal-9251	405	11	2011	2011	NUM
cjal-9251	405	12	,	,	PUNCT
cjal-9251	405	13	supra	supra	PROPN
cjal-9251	405	14	note	note	NOUN
cjal-9251	405	15	98	98	NUM
cjal-9251	405	16	.	.	PUNCT
cjal-9251	405	17	2017	2017	NUM
cjal-9251	405	18	]	]	PUNCT
cjal-9251	405	19	engineering	engineer	VERB
cjal-9251	405	20	a	a	DET
cjal-9251	405	21	venture	venture	NOUN
cjal-9251	405	22	capital	capital	NOUN
cjal-9251	405	23	market	market	NOUN
cjal-9251	405	24	177	177	NUM
cjal-9251	405	25	table	table	NOUN
cjal-9251	405	26	3	3	NUM
cjal-9251	405	27	:	:	PUNCT
cjal-9251	405	28	percentage	percentage	NOUN
cjal-9251	405	29	of	of	ADP
cjal-9251	405	30	capital	capital	NOUN
cjal-9251	405	31	raised	raise	VERB
cjal-9251	405	32	in	in	ADP
cjal-9251	405	33	the	the	DET
cjal-9251	405	34	u.s	u.s	PROPN
cjal-9251	405	35	.	.	PROPN
cjal-9251	405	36	venture	venture	NOUN
cjal-9251	405	37	capital	capital	NOUN
cjal-9251	405	38	market	market	NOUN
cjal-9251	405	39	112	112	NUM
cjal-9251	405	40	(	(	PUNCT
cjal-9251	405	41	by	by	ADP
cjal-9251	405	42	amount	amount	NOUN
cjal-9251	405	43	)	)	PUNCT
cjal-9251	405	44	u.s	u.s	PROPN
cjal-9251	405	45	.	.	PROPN
cjal-9251	405	46	2014(%	2014(%	NUM
cjal-9251	405	47	)	)	PUNCT
cjal-9251	405	48	2015(%	2015(%	NUM
cjal-9251	405	49	)	)	PUNCT
cjal-9251	405	50	wealthy	wealthy	ADJ
cjal-9251	405	51	investors	investor	NOUN
cjal-9251	405	52	and	and	CCONJ
cjal-9251	405	53	family	family	NOUN
cjal-9251	405	54	offices	office	NOUN
cjal-9251	405	55	8	8	NUM
cjal-9251	405	56	10	10	NUM
cjal-9251	405	57	corporations	corporation	NOUN
cjal-9251	405	58	5	5	NUM
cjal-9251	405	59	1	1	NUM
cjal-9251	405	60	public	public	ADJ
cjal-9251	405	61	pension	pension	NOUN
cjal-9251	405	62	funds	fund	NOUN
cjal-9251	405	63	32	32	NUM
cjal-9251	405	64	31	31	NUM
cjal-9251	405	65	corporate	corporate	ADJ
cjal-9251	405	66	pension	pension	NOUN
cjal-9251	405	67	funds	fund	NOUN
cjal-9251	405	68	6	6	NUM
cjal-9251	405	69	10	10	NUM
cjal-9251	405	70	union	union	NOUN
cjal-9251	405	71	pension	pension	NOUN
cjal-9251	405	72	funds	fund	NOUN
cjal-9251	405	73	1	1	NUM
cjal-9251	405	74	2	2	NUM
cjal-9251	405	75	insurance	insurance	NOUN
cjal-9251	405	76	companies	company	NOUN
cjal-9251	405	77	6	6	NUM
cjal-9251	405	78	10	10	NUM
cjal-9251	405	79	endowments	endowment	NOUN
cjal-9251	405	80	5	5	NUM
cjal-9251	405	81	7	7	NUM
cjal-9251	405	82	sovereign	sovereign	ADJ
cjal-9251	405	83	w	w	PROPN
cjal-9251	405	84	ealth	ealth	ADJ
cjal-9251	405	85	funds	fund	NOUN
cjal-9251	405	86	12	12	NUM
cjal-9251	405	87	6	6	NUM
cjal-9251	405	88	funds	fund	NOUN
cjal-9251	405	89	of	of	ADP
cjal-9251	405	90	funds	fund	NOUN
cjal-9251	405	91	6	6	NUM
cjal-9251	405	92	3	3	NUM
cjal-9251	405	93	discretionary	discretionary	ADJ
cjal-9251	405	94	advisers	adviser	NOUN
cjal-9251	405	95	1	1	NUM
cjal-9251	405	96	2	2	NUM
cjal-9251	405	97	gp	gp	NOUN
cjal-9251	405	98	contributions	contribution	NOUN
cjal-9251	405	99	1	1	NUM
cjal-9251	405	100	2	2	NUM
cjal-9251	405	101	bank	bank	NOUN
cjal-9251	405	102	/	/	SYM
cjal-9251	405	103	financial	financial	ADJ
cjal-9251	405	104	services	service	NOUN
cjal-9251	405	105	9	9	NUM
cjal-9251	405	106	2	2	NUM
cjal-9251	405	107	others	other	NOUN
cjal-9251	405	108	8	8	NUM
cjal-9251	405	109	15	15	NUM
cjal-9251	405	110	total	total	NOUN
cjal-9251	405	111	100	100	NUM
cjal-9251	405	112	101	101	NUM
cjal-9251	405	113	(	(	PUNCT
cjal-9251	405	114	due	due	ADP
cjal-9251	405	115	to	to	ADP
cjal-9251	405	116	rounding	round	VERB
cjal-9251	405	117	)	)	PUNCT
cjal-9251	405	118	4	4	NUM
cjal-9251	405	119	.	.	PUNCT
cjal-9251	406	1	incr	incr	VERB
cjal-9251	406	2	easing	ease	VERB
cjal-9251	406	3	capital	capital	NOUN
cjal-9251	406	4	supply	supply	NOUN
cjal-9251	406	5	from	from	ADP
cjal-9251	406	6	foreign	foreign	ADJ
cjal-9251	406	7	investors	investor	NOUN
cjal-9251	406	8	since	since	SCONJ
cjal-9251	406	9	1995	1995	NUM
cjal-9251	406	10	,	,	PUNCT
cjal-9251	406	11	china	china	PROPN
cjal-9251	406	12	has	have	AUX
cjal-9251	406	13	promulgated	promulgate	VERB
cjal-9251	406	14	regulations	regulation	NOUN
cjal-9251	406	15	aimed	aim	VERB
cjal-9251	406	16	at	at	ADP
cjal-9251	406	17	promoting	promote	VERB
cjal-9251	406	18	the	the	DET
cjal-9251	406	19	establishme	establishme	NOUN
cjal-9251	406	20	nt	not	PART
cjal-9251	406	21	of	of	ADP
cjal-9251	406	22	foreign	foreign	ADJ
cjal-9251	406	23	funds	fund	NOUN
cjal-9251	406	24	.	.	PUNCT
cjal-9251	407	1	for	for	ADP
cjal-9251	407	2	example	example	NOUN
cjal-9251	407	3	,	,	PUNCT
cjal-9251	407	4	the	the	DET
cjal-9251	407	5	administrative	administrative	ADJ
cjal-9251	407	6	measures	measure	NOUN
cjal-9251	407	7	on	on	ADP
cjal-9251	407	8	foreign	foreign	ADJ
cjal-9251	407	9	-	-	PUNCT
cjal-9251	407	10	established	establish	VERB
cjal-9251	407	11	industry	industry	NOUN
cjal-9251	407	12	investment	investment	NOUN
cjal-9251	407	13	funds	fund	NOUN
cjal-9251	407	14	allows	allow	VERB
cjal-9251	407	15	chinese	chinese	ADJ
cjal-9251	407	16	firms	firm	NOUN
cjal-9251	407	17	to	to	PART
cjal-9251	407	18	raise	raise	VERB
cjal-9251	407	19	funding	fund	VERB
cjal-9251	407	20	overseas	overseas	ADV
cjal-9251	407	21	together	together	ADV
cjal-9251	407	22	with	with	ADP
cjal-9251	407	23	foreign	foreign	ADJ
cjal-9251	407	24	firms	firm	NOUN
cjal-9251	407	25	,	,	PUNCT
cjal-9251	407	26	113	113	NUM
cjal-9251	407	27	and	and	CCONJ
cjal-9251	407	28	the	the	DET
cjal-9251	407	29	r	r	NOUN
cjal-9251	407	30	egulati	egulati	PROPN
cjal-9251	407	31	ons	on	NOUN
cjal-9251	407	32	on	on	ADP
cjal-9251	407	33	the	the	DET
cjal-9251	407	34	administration	administration	NOUN
cjal-9251	407	35	of	of	ADP
cjal-9251	407	36	foreign	foreign	ADJ
cjal-9251	407	37	invested	invest	VERB
cjal-9251	407	38	venture	venture	NOUN
cjal-9251	407	39	capital	capital	NOUN
cjal-9251	407	40	enterprises	enterprise	NOUN
cjal-9251	407	41	allowed	allow	VERB
cjal-9251	407	42	foreigners	foreigner	NOUN
cjal-9251	407	43	intending	intend	VERB
cjal-9251	407	44	to	to	PART
cjal-9251	407	45	invest	invest	VERB
cjal-9251	407	46	in	in	ADP
cjal-9251	407	47	the	the	DET
cjal-9251	407	48	chinese	chinese	ADJ
cjal-9251	407	49	market	market	NOUN
cjal-9251	407	50	to	to	PART
cjal-9251	407	51	do	do	VERB
cjal-9251	407	52	so	so	ADV
cjal-9251	407	53	by	by	ADP
cjal-9251	407	54	setting	set	VERB
cjal-9251	407	55	up	up	ADP
cjal-9251	407	56	a	a	DET
cjal-9251	407	57	foreign	foreign	ADJ
cjal-9251	407	58	invested	invest	VERB
cjal-9251	407	59	venture	venture	NOUN
cjal-9251	407	60	capital	capital	NOUN
cjal-9251	407	61	enterpris	enterpris	NOUN
cjal-9251	407	62	e	e	PROPN
cjal-9251	407	63	(	(	PUNCT
cjal-9251	407	64	"	"	PUNCT
cjal-9251	407	65	fivcie	fivcie	NOUN
cjal-9251	407	66	"	"	PUNCT
cjal-9251	407	67	)	)	PUNCT
cjal-9251	407	68	.	.	PUNCT
cjal-9251	408	1	114	114	NUM
cjal-9251	408	2	112	112	NUM
cjal-9251	408	3	laura	laura	NOUN
cjal-9251	408	4	kreutzer	kreutzer	NOUN
cjal-9251	408	5	,	,	PUNCT
cjal-9251	408	6	pensions	pension	NOUN
cjal-9251	408	7	are	be	AUX
cjal-9251	408	8	still	still	ADV
cjal-9251	408	9	lp	lp	ADJ
cjal-9251	408	10	top	top	ADJ
cjal-9251	408	11	dogs	dog	NOUN
cjal-9251	408	12	,	,	PUNCT
cjal-9251	408	13	but	but	CCONJ
cjal-9251	408	14	wealthy	wealthy	ADJ
cjal-9251	408	15	investors	investor	NOUN
cjal-9251	408	16	gain	gain	VERB
cjal-9251	408	17	ground	ground	NOUN
cjal-9251	408	18	18	18	NUM
cjal-9251	408	19	(	(	PUNCT
cjal-9251	408	20	2015	2015	NUM
cjal-9251	408	21	)	)	PUNCT
cjal-9251	408	22	,	,	PUNCT
cjal-9251	408	23	http	http	NOUN
cjal-9251	408	24	:	:	PUNCT
cjal-9251	408	25	//bit.ly	//bit.ly	PUNCT
cjal-9251	408	26	/2vc0h	/2vc0h	PUNCT
cjal-9251	409	1	tl	tl	PROPN
cjal-9251	409	2	.	.	PROPN
cjal-9251	409	3	11a	11a	PROPN
cjal-9251	409	4	sheli	sheli	VERB
cjal-9251	409	5	jingwai	jingwai	PROPN
cjal-9251	409	6	zhongguo	zhongguo	PROPN
cjal-9251	409	7	chan	chan	PROPN
cjal-9251	410	1	ye	ye	PRON
cjal-9251	410	2	touzi	touzi	PROPN
cjal-9251	410	3	jijin	jijin	PROPN
cjal-9251	410	4	guanli	guanli	PROPN
cjal-9251	410	5	banfa	banfa	PROPN
cjal-9251	410	6	(	(	PUNCT
cjal-9251	410	7	~.:ftl	~.:ftl	ADV
cjal-9251	410	8	,	,	PUNCT
cjal-9251	410	9	u•i	u•i	PROPN
cjal-9251	410	10	-	-	PUNCT
cjal-9251	410	11	rj	rj	PROPN
cjal-9251	410	12	,	,	PUNCT
cjal-9251	410	13	!	!	PUNCT
cjal-9251	411	1	ii"'il:'.iltl51~	ii"'il:'.iltl51~	NOUN
cjal-9251	411	2	:	:	PUNCT
cjal-9251	411	3	i:'n	i:'n	NOUN
cjal-9251	411	4	-	-	PUNCT
cjal-9251	411	5	l!llhi't	l!llhi't	NOUN
cjal-9251	411	6	:)	:)	NOUN
cjal-9251	412	1	[	[	X
cjal-9251	412	2	procedures	procedure	NOUN
cjal-9251	412	3	for	for	ADP
cjal-9251	412	4	the	the	DET
cjal-9251	412	5	management	management	NOUN
cjal-9251	412	6	of	of	ADP
cjal-9251	412	7	china	china	PROPN
cjal-9251	412	8	's	's	PART
cjal-9251	412	9	industrial	industrial	ADJ
cjal-9251	412	10	investment	investment	NOUN
cjal-9251	412	11	funds	fund	NOUN
cjal-9251	412	12	abroad	abroad	ADV
cjal-9251	412	13	)	)	PUNCT
cjal-9251	412	14	(	(	PUNCT
cjal-9251	412	15	promu	promu	AUX
cjal-9251	412	16	lgated	lgate	VERB
cjal-9251	412	17	by	by	ADP
cjal-9251	412	18	the	the	DET
cjal-9251	412	19	people	people	NOUN
cjal-9251	412	20	's	's	PART
cjal-9251	412	21	bank	bank	PROPN
cjal-9251	412	22	of	of	ADP
cjal-9251	412	23	china	china	PROPN
cjal-9251	412	24	,	,	PUNCT
cjal-9251	412	25	sept	sept	PROPN
cjal-9251	412	26	.	.	PROPN
cjal-9251	412	27	6	6	NUM
cjal-9251	412	28	,	,	PUNCT
cjal-9251	412	29	1995	1995	NUM
cjal-9251	412	30	,	,	PUNCT
cjal-9251	412	31	effective	effective	ADJ
cjal-9251	412	32	sept	sept	PROPN
cjal-9251	412	33	.	.	PROPN
cjal-9251	412	34	6	6	NUM
cjal-9251	412	35	,	,	PUNCT
cjal-9251	412	36	1995	1995	NUM
cjal-9251	412	37	)	)	PUNCT
cjal-9251	412	38	http://bit.ly/2u4009d	http://bit.ly/2u4009d	NOUN
cjal-9251	412	39	.	.	PUNCT
cjal-9251	413	1	this	this	DET
cjal-9251	413	2	regulation	regulation	NOUN
cjal-9251	413	3	has	have	AUX
cjal-9251	413	4	since	since	SCONJ
cjal-9251	413	5	repealed	repeal	VERB
cjal-9251	413	6	.	.	PUNCT
cjal-9251	414	1	feizhi	feizhi	PROPN
cjal-9251	414	2	de	de	PROPN
cjal-9251	414	3	guizhang	guizhang	PROPN
cjal-9251	414	4	he	he	PRON
cjal-9251	414	5	guifanx.ing	guifanx.e	VERB
cjal-9251	414	6	wenjian	wenjian	PROPN
cjal-9251	414	7	(	(	PUNCT
cjal-9251	414	8	~.tl:1¥1	~.tl:1¥1	NOUN
cjal-9251	414	9	:	:	PUNCT
cjal-9251	414	10	aa!~~~htzltjt{lf	aa!~~~htzltjt{lf	PROPN
cjal-9251	414	11	)	)	PUNCT
cjal-9251	414	12	(	(	PUNCT
cjal-9251	414	13	repealed	repeal	VERB
cjal-9251	414	14	regulations	regulation	NOUN
cjal-9251	414	15	and	and	CCONJ
cjal-9251	414	16	standards	standard	NOUN
cjal-9251	414	17	]	]	PUNCT
cjal-9251	414	18	(	(	PUNCT
cjal-9251	414	19	prom	prom	NOUN
cjal-9251	414	20	ulgated	ulgate	VERB
cjal-9251	414	21	by	by	ADP
cjal-9251	414	22	the	the	DET
cjal-9251	414	23	people	people	NOUN
cjal-9251	414	24	's	's	PART
cjal-9251	414	25	bank	bank	PROPN
cjal-9251	414	26	of	of	ADP
cjal-9251	414	27	china	china	PROPN
cjal-9251	414	28	,	,	PUNCT
cjal-9251	414	29	jan	jan	PROPN
cjal-9251	414	30	.	.	PROPN
cjal-9251	414	31	5	5	NUM
cjal-9251	414	32	,	,	PUNCT
cjal-9251	414	33	2007	2007	NUM
cjal-9251	414	34	,	,	PUNCT
cjal-9251	414	35	effective	effective	ADJ
cjal-9251	414	36	jan	jan	PROPN
cjal-9251	414	37	.	.	PROPN
cjal-9251	414	38	5	5	NUM
cjal-9251	414	39	,	,	PUNCT
cjal-9251	414	40	2007	2007	NUM
cjal-9251	414	41	)	)	PUNCT
cjal-9251	414	42	,	,	PUNCT
cjal-9251	414	43	art	art	NOUN
cjal-9251	414	44	.	.	PUNCT
cjal-9251	415	1	36	36	NUM
cjal-9251	415	2	,	,	PUNCT
cjal-9251	415	3	http://bit.ly/2u3tba9	http://bit.ly/2u3tba9	PROPN
cjal-9251	415	4	.	.	PUNCT
cjal-9251	415	5	111	111	NUM
cjal-9251	415	6	waishang	waishang	NOUN
cjal-9251	415	7	touzi	touzi	PROPN
cjal-9251	415	8	chuangye	chuangye	VERB
cjal-9251	416	1	touzi	touzi	PROPN
cjal-9251	416	2	qiye	qiye	PROPN
cjal-9251	416	3	guanli	guanli	PROPN
cjal-9251	416	4	guiding	guiding	NOUN
cjal-9251	416	5	:	:	PUNCT
cjal-9251	416	6	l;wji	l;wji	NUM
cjal-9251	416	7	:	:	PUNCT
cjal-9251	416	8	'	'	PUNCT
cjal-9251	416	9	.	.	PUNCT
cjal-9251	416	10	)	)	PUNCT
cjal-9251	417	1	[	[	X
cjal-9251	417	2	provisions	provision	NOUN
cjal-9251	417	3	concerning	concern	VERB
cjal-9251	417	4	the	the	DET
cjal-9251	417	5	administration	administration	NOUN
cjal-9251	417	6	of	of	ADP
cjal-9251	417	7	foreign	foreign	NOUN
cjal-9251	417	8	-	-	PUNCT
cjal-9251	417	9	funded	fund	VERB
cjal-9251	417	10	venture	venture	NOUN
cjal-9251	417	11	invest	invest	VERB
cjal-9251	417	12	ment	ment	ADJ
cjal-9251	417	13	enterprises	enterprise	NOUN
cjal-9251	417	14	]	]	PUNCT
cjal-9251	417	15	(	(	PUNCT
cjal-9251	417	16	promulgated	promulgate	VERB
cjal-9251	417	17	by	by	ADP
cjal-9251	417	18	the	the	DET
cjal-9251	417	19	ministry	ministry	PROPN
cjal-9251	417	20	of	of	ADP
cjal-9251	417	21	foreign	foreign	ADJ
cjal-9251	417	22	trade	trade	NOUN
cjal-9251	417	23	and	and	CCONJ
cjal-9251	417	24	economic	economic	ADJ
cjal-9251	417	25	cooperation	cooperation	NOUN
cjal-9251	417	26	,	,	PUNCT
cjal-9251	417	27	the	the	DET
cjal-9251	417	28	ministry	ministry	PROPN
cjal-9251	417	29	of	of	ADP
cjal-9251	417	30	science	science	PROPN
cjal-9251	417	31	&	&	CCONJ
cjal-9251	417	32	technology	technology	PROPN
cjal-9251	417	33	,	,	PUNCT
cjal-9251	417	34	the	the	DET
cjal-9251	417	35	state	state	NOUN
cjal-9251	417	36	administration	administration	NOUN
cjal-9251	417	37	for	for	ADP
cjal-9251	417	38	industry	industry	NOUN
cjal-9251	417	39	and	and	CCONJ
cjal-9251	417	40	commerce	commerce	NOUN
cjal-9251	417	41	,	,	PUNCT
cjal-9251	417	42	t	t	PROPN
cjal-9251	417	43	he	he	PRON
cjal-9251	417	44	state	state	PROPN
cjal-9251	417	45	admini	admini	PROPN
cjal-9251	417	46	stratio	stratio	PROPN
cjal-9251	417	47	n	n	CCONJ
cjal-9251	417	48	,	,	PUNCT
cjal-9251	417	49	of	of	ADP
cjal-9251	417	50	taxation	taxation	NOUN
cjal-9251	417	51	and	and	CCONJ
cjal-9251	417	52	the	the	DET
cjal-9251	417	53	state	state	NOUN
cjal-9251	417	54	administration	administration	NOUN
cjal-9251	417	55	of	of	ADP
cjal-9251	417	56	foreign	foreign	PROPN
cjal-9251	417	57	178	178	NUM
cjal-9251	417	58	columbia	columbia	PROPN
cjal-9251	417	59	journal	journal	NOUN
cjal-9251	417	60	of	of	ADP
cjal-9251	417	61	asian	asian	ADJ
cjal-9251	417	62	law	law	NOUN
cjal-9251	417	63	[	[	X
cjal-9251	417	64	vol	vol	NOUN
cjal-9251	417	65	.	.	PUNCT
cjal-9251	417	66	30:160	30:160	NUM
cjal-9251	417	67	since	since	SCONJ
cjal-9251	417	68	2011	2011	NUM
cjal-9251	417	69	,	,	PUNCT
cjal-9251	417	70	shanghai	shanghai	PROPN
cjal-9251	417	71	,	,	PUNCT
cjal-9251	417	72	beijing	beijing	PROPN
cjal-9251	417	73	,	,	PUNCT
cjal-9251	417	74	tianjin	tianjin	PROPN
cjal-9251	417	75	,	,	PUNCT
cjal-9251	417	76	chongqing	chongqing	PROPN
cjal-9251	417	77	,	,	PUNCT
cjal-9251	417	78	and	and	CCONJ
cjal-9251	417	79	shenzhen	shenzhen	PROPN
cjal-9251	417	80	have	have	AUX
cjal-9251	417	81	promulgated	promulgate	VERB
cjal-9251	417	82	regional	regional	ADJ
cjal-9251	417	83	qualified	qualified	ADJ
cjal-9251	417	84	foreign	foreign	ADJ
cjal-9251	417	85	limited	limited	ADJ
cjal-9251	417	86	partner	partner	NOUN
cjal-9251	417	87	(	(	PUNCT
cjal-9251	417	88	"	"	PUNCT
cjal-9251	417	89	qflp	qflp	NOUN
cjal-9251	417	90	"	"	PUNCT
cjal-9251	417	91	)	)	PUNCT
cjal-9251	417	92	progr	progr	VERB
cjal-9251	417	93	ams	am	NOUN
cjal-9251	417	94	to	to	PART
cjal-9251	417	95	attract	attract	VERB
cjal-9251	417	96	foreign	foreign	ADJ
cjal-9251	417	97	qualified	qualified	ADJ
cjal-9251	417	98	institutional	institutional	ADJ
cjal-9251	417	99	investors	investor	NOUN
cjal-9251	417	100	to	to	PART
cjal-9251	417	101	make	make	VERB
cjal-9251	417	102	equity	equity	NOUN
cjal-9251	417	103	investments	investment	NOUN
cjal-9251	417	104	in	in	ADP
cjal-9251	417	105	their	their	PRON
cjal-9251	417	106	regions	region	NOUN
cjal-9251	417	107	.	.	PUNCT
cjal-9251	418	1	115	115	NUM
cjal-9251	418	2	under	under	ADP
cjal-9251	418	3	the	the	DET
cjal-9251	418	4	qflp	qflp	NOUN
cjal-9251	418	5	,	,	PUNCT
cjal-9251	418	6	foreigninvested	foreigninveste	VERB
cjal-9251	418	7	funds	fund	NOUN
cjal-9251	418	8	and	and	CCONJ
cjal-9251	418	9	fund	fund	NOUN
cjal-9251	418	10	management	management	NOUN
cjal-9251	418	11	companies	company	NOUN
cjal-9251	418	12	are	be	AUX
cjal-9251	418	13	permitted	permit	VERB
cjal-9251	418	14	to	to	PART
cjal-9251	418	15	convert	convert	VERB
cjal-9251	418	16	their	their	PRON
cjal-9251	418	17	foreign	foreign	ADJ
cjal-9251	418	18	currency	currency	NOUN
cjal-9251	418	19	capital	capital	NOUN
cjal-9251	418	20	into	into	ADP
cjal-9251	418	21	rmb	rmb	NOUN
cjal-9251	418	22	in	in	ADP
cjal-9251	418	23	order	order	NOUN
cjal-9251	418	24	to	to	PART
cjal-9251	418	25	invest	invest	VERB
cjal-9251	418	26	into	into	ADP
cjal-9251	418	27	rmb	rmb	PROPN
cjal-9251	418	28	funds.us	funds.us	PROPN
cjal-9251	418	29	in	in	ADP
cjal-9251	418	30	2012	2012	NUM
cjal-9251	418	31	,	,	PUNCT
cjal-9251	418	32	the	the	DET
cjal-9251	418	33	renminbi	renminbi	NOUN
cjal-9251	418	34	qualified	qualify	VERB
cjal-9251	418	35	foreign	foreign	ADJ
cjal-9251	418	36	limited	limited	ADJ
cjal-9251	418	37	partner	partner	NOUN
cjal-9251	418	38	(	(	PUNCT
cjal-9251	418	39	"	"	PUNCT
cjal-9251	418	40	rqfl	rqfl	VERB
cjal-9251	418	41	p	p	X
cjal-9251	418	42	"	"	PUNCT
cjal-9251	418	43	)	)	PUNCT
cjal-9251	418	44	program	program	NOUN
cjal-9251	418	45	was	be	AUX
cjal-9251	418	46	launched	launch	VERB
cjal-9251	418	47	by	by	ADP
cjal-9251	418	48	shanghai	shanghai	PROPN
cjal-9251	418	49	to	to	PART
cjal-9251	418	50	broaden	broaden	VERB
cjal-9251	418	51	the	the	DET
cjal-9251	418	52	scope	scope	NOUN
cjal-9251	418	53	of	of	ADP
cjal-9251	418	54	foreign	foreign	ADJ
cjal-9251	418	55	investors	investor	NOUN
cjal-9251	418	56	eligible	eligible	ADJ
cjal-9251	418	57	to	to	PART
cjal-9251	418	58	make	make	VERB
cjal-9251	418	59	vc	vc	PROPN
cjal-9251	418	60	investments	investment	NOUN
cjal-9251	418	61	.	.	PUNCT
cjal-9251	419	1	117	117	NUM
cjal-9251	419	2	under	under	ADP
cjal-9251	419	3	rqflp	rqflp	NOUN
cjal-9251	419	4	,	,	PUNCT
cjal-9251	419	5	qualified	qualified	ADJ
cjal-9251	419	6	foreign	foreign	ADJ
cjal-9251	419	7	fund	fund	NOUN
cjal-9251	419	8	managers	manager	NOUN
cjal-9251	419	9	are	be	AUX
cjal-9251	419	10	permitted	permit	VERB
cjal-9251	419	11	to	to	PART
cjal-9251	419	12	raise	raise	VERB
cjal-9251	419	13	offshore	offshore	ADJ
cjal-9251	419	14	rmb	rmb	NOUN
cjal-9251	419	15	from	from	ADP
cjal-9251	419	16	offshore	offshore	ADJ
cjal-9251	419	17	investors	investor	NOUN
cjal-9251	419	18	to	to	PART
cjal-9251	419	19	invest	invest	VERB
cjal-9251	419	20	in	in	ADP
cjal-9251	419	21	rmb	rmb	NOUN
cjal-9251	419	22	funds	fund	NOUN
cjal-9251	419	23	set	set	VERB
cjal-9251	419	24	up	up	ADP
cjal-9251	419	25	in	in	ADP
cjal-9251	419	26	shanghai	shanghai	PROPN
cjal-9251	419	27	.	.	PUNCT
cjal-9251	420	1	118	118	NUM
cjal-9251	420	2	5	5	NUM
cjal-9251	420	3	.	.	PUNCT
cjal-9251	420	4	tax	tax	NOUN
cjal-9251	420	5	incentives	incentive	VERB
cjal-9251	420	6	a	a	DET
cjal-9251	420	7	favorable	favorable	ADJ
cjal-9251	420	8	tax	tax	NOUN
cjal-9251	420	9	environment	environment	NOUN
cjal-9251	420	10	is	be	AUX
cjal-9251	420	11	an	an	DET
cjal-9251	420	12	important	important	ADJ
cjal-9251	420	13	factor	factor	NOUN
cjal-9251	420	14	in	in	ADP
cjal-9251	420	15	increasing	increase	VERB
cjal-9251	420	16	the	the	DET
cjal-9251	420	17	supply	supply	NOUN
cjal-9251	420	18	of	of	ADP
cjal-9251	420	19	private	private	ADJ
cjal-9251	420	20	capital	capital	NOUN
cjal-9251	420	21	in	in	ADP
cjal-9251	420	22	a	a	DET
cjal-9251	420	23	vc	vc	NOUN
cjal-9251	420	24	market	market	NOUN
cjal-9251	420	25	.	.	PUNCT
cjal-9251	421	1	119	119	NUM
cjal-9251	421	2	many	many	ADJ
cjal-9251	421	3	local	local	ADJ
cjal-9251	421	4	chinese	chinese	ADJ
cjal-9251	421	5	governments	government	NOUN
cjal-9251	421	6	have	have	AUX
cjal-9251	421	7	implemented	implement	VERB
cjal-9251	421	8	preferential	preferential	ADJ
cjal-9251	421	9	tax	tax	NOUN
cjal-9251	421	10	policies	policy	NOUN
cjal-9251	421	11	for	for	ADP
cjal-9251	421	12	vc	vc	PROPN
cjal-9251	421	13	firms	firm	NOUN
cjal-9251	421	14	that	that	PRON
cjal-9251	421	15	serve	serve	VERB
cjal-9251	421	16	as	as	ADP
cjal-9251	421	17	general	general	ADJ
cjal-9251	421	18	partners	partner	NOUN
cjal-9251	421	19	(	(	PUNCT
cjal-9251	421	20	gps	gps	PROPN
cjal-9251	421	21	)	)	PUNCT
cjal-9251	421	22	,	,	PUNCT
cjal-9251	421	23	and	and	CCONJ
cjal-9251	421	24	for	for	ADP
cjal-9251	421	25	their	their	PRON
cjal-9251	421	26	investors	investor	NOUN
cjal-9251	421	27	who	who	PRON
cjal-9251	421	28	serve	serve	VERB
cjal-9251	421	29	as	as	ADP
cjal-9251	421	30	the	the	DET
cjal-9251	421	31	limited	limited	ADJ
cjal-9251	421	32	partners	partner	NOUN
cjal-9251	421	33	(	(	PUNCT
cjal-9251	421	34	lps	lps	PROPN
cjal-9251	421	35	)	)	PUNCT
cjal-9251	421	36	in	in	ADP
cjal-9251	421	37	vc	vc	PROPN
cjal-9251	421	38	funds	fund	NOUN
cjal-9251	421	39	(	(	PUNCT
cjal-9251	421	40	see	see	VERB
cjal-9251	421	41	table	table	NOUN
cjal-9251	421	42	4	4	NUM
cjal-9251	421	43	)	)	PUNCT
cjal-9251	421	44	.	.	PUNCT
cjal-9251	422	1	120	120	NUM
cjal-9251	422	2	today	today	NOUN
cjal-9251	422	3	,	,	PUNCT
cjal-9251	422	4	individuals	individual	NOUN
cjal-9251	422	5	and	and	CCONJ
cjal-9251	422	6	families	family	NOUN
cjal-9251	422	7	form	form	VERB
cjal-9251	422	8	the	the	DET
cjal-9251	422	9	majority	majority	NOUN
cjal-9251	422	10	of	of	ADP
cjal-9251	422	11	lps	lps	PROPN
cjal-9251	422	12	(	(	PUNCT
cjal-9251	422	13	by	by	ADP
cjal-9251	422	14	number	number	NOUN
cjal-9251	422	15	)	)	PUNCT
cjal-9251	422	16	in	in	ADP
cjal-9251	422	17	the	the	DET
cjal-9251	422	18	market	market	NOUN
cjal-9251	422	19	.	.	PUNCT
cjal-9251	423	1	as	as	ADP
cjal-9251	423	2	of	of	ADP
cjal-9251	423	3	2015	2015	NUM
cjal-9251	423	4	,	,	PUNCT
cjal-9251	423	5	53	53	NUM
cjal-9251	423	6	%	%	NOUN
cjal-9251	423	7	of	of	ADP
cjal-9251	423	8	lps	lps	PROPN
cjal-9251	423	9	in	in	ADP
cjal-9251	423	10	china	china	PROPN
cjal-9251	423	11	are	be	AUX
cjal-9251	423	12	wealthy	wealthy	ADJ
cjal-9251	423	13	individuals	individual	NOUN
cjal-9251	423	14	and	and	CCONJ
cjal-9251	423	15	families	family	NOUN
cjal-9251	423	16	,	,	PUNCT
cjal-9251	423	17	121	121	NUM
cjal-9251	423	18	14.6	14.6	NUM
cjal-9251	423	19	%	%	NOUN
cjal-9251	423	20	are	be	AUX
cjal-9251	423	21	private	private	ADJ
cjal-9251	423	22	enterprises	enterprise	NOUN
cjal-9251	423	23	,	,	PUNCT
cjal-9251	423	24	and	and	CCONJ
cjal-9251	423	25	9.4	9.4	NUM
cjal-9251	423	26	%	%	NOUN
cjal-9251	423	27	are	be	AUX
cjal-9251	423	28	investment	investment	NOUN
cjal-9251	423	29	companies	company	NOUN
cjal-9251	423	30	.	.	PUNCT
cjal-9251	424	1	122	122	NUM
cjal-9251	424	2	as	as	ADP
cjal-9251	424	3	of	of	ADP
cjal-9251	424	4	2014	2014	NUM
cjal-9251	424	5	,	,	PUNCT
cjal-9251	424	6	china	china	PROPN
cjal-9251	424	7	had	have	VERB
cjal-9251	424	8	the	the	DET
cjal-9251	424	9	largest	large	ADJ
cjal-9251	424	10	population	population	NOUN
cjal-9251	424	11	of	of	ADP
cjal-9251	424	12	high	high	ADJ
cjal-9251	424	13	-	-	PUNCT
cjal-9251	424	14	net	net	NOUN
cjal-9251	424	15	-	-	PUNCT
cjal-9251	424	16	worth	worth	ADJ
cjal-9251	424	17	individuals	individual	NOUN
cjal-9251	424	18	in	in	ADP
cjal-9251	424	19	asia	asia	PROPN
cjal-9251	424	20	(	(	PUNCT
cjal-9251	424	21	890,000	890,000	NUM
cjal-9251	424	22	)	)	PUNCT
cjal-9251	424	23	,	,	PUNCT
cjal-9251	424	24	holding	hold	VERB
cjal-9251	424	25	a	a	DET
cjal-9251	424	26	combined	combined	ADJ
cjal-9251	424	27	wealth	wealth	NOUN
cjal-9251	424	28	of	of	ADP
cjal-9251	424	29	usd	usd	PROPN
cjal-9251	424	30	4.5	4.5	NUM
cjal-9251	424	31	trillion	trillion	NUM
cjal-9251	424	32	,	,	PUNCT
cjal-9251	424	33	a	a	DET
cjal-9251	424	34	19.3	19.3	NUM
cjal-9251	424	35	%	%	NOUN
cjal-9251	424	36	increase	increase	NOUN
cjal-9251	424	37	from	from	ADP
cjal-9251	424	38	the	the	DET
cjal-9251	424	39	previous	previous	ADJ
cjal-9251	424	40	year	year	NOUN
cjal-9251	424	41	.	.	PUNCT
cjal-9251	425	1	123	123	NUM
cjal-9251	425	2	further	far	ADV
cjal-9251	425	3	,	,	PUNCT
cjal-9251	425	4	the	the	DET
cjal-9251	425	5	majority	majority	NOUN
cjal-9251	425	6	of	of	ADP
cjal-9251	425	7	leading	lead	VERB
cjal-9251	425	8	vc	vc	PROPN
cjal-9251	425	9	firms	firm	NOUN
cjal-9251	425	10	are	be	AUX
cjal-9251	425	11	also	also	ADV
cjal-9251	425	12	both	both	CCONJ
cjal-9251	425	13	private	private	ADJ
cjal-9251	425	14	and	and	CCONJ
cjal-9251	425	15	foreign	foreign	ADJ
cjal-9251	425	16	.	.	PUNCT
cjal-9251	426	1	124	124	NUM
cjal-9251	426	2	there	there	PRON
cjal-9251	426	3	is	be	VERB
cjal-9251	426	4	also	also	ADV
cjal-9251	426	5	a	a	DET
cjal-9251	426	6	growing	grow	VERB
cjal-9251	426	7	number	number	NOUN
cjal-9251	426	8	of	of	ADP
cjal-9251	426	9	vc	vc	PROPN
cjal-9251	426	10	funds	fund	NOUN
cjal-9251	426	11	set	set	VERB
cjal-9251	426	12	up	up	ADP
cjal-9251	426	13	by	by	ADP
cjal-9251	426	14	nonexchange	nonexchange	NOUN
cjal-9251	426	15	,	,	PUNCT
cjal-9251	426	16	jan	jan	PROPN
cjal-9251	426	17	.	.	PROPN
cjal-9251	426	18	30	30	NUM
cjal-9251	426	19	,	,	PUNCT
cjal-9251	426	20	2003	2003	NUM
cjal-9251	426	21	,	,	PUNCT
cjal-9251	426	22	effective	effective	ADJ
cjal-9251	426	23	mar	mar	PROPN
cjal-9251	426	24	.	.	PROPN
cjal-9251	426	25	1	1	NUM
cjal-9251	426	26	,	,	PUNCT
cjal-9251	426	27	2003	2003	NUM
cjal-9251	426	28	,	,	PUNCT
cjal-9251	426	29	revised	revise	VERB
cjal-9251	426	30	oct	oct	PROPN
cjal-9251	426	31	.	.	PROPN
cjal-9251	426	32	28	28	NUM
cjal-9251	426	33	,	,	PUNCT
cjal-9251	426	34	2015	2015	NUM
cjal-9251	426	35	)	)	PUNCT
cjal-9251	426	36	,	,	PUNCT
cjal-9251	426	37	art	art	NOUN
cjal-9251	426	38	.	.	PUNCT
cjal-9251	427	1	2	2	NUM
cjal-9251	427	2	,	,	PUNCT
cjal-9251	427	3	http://bit.ly/2t1dh	http://bit.ly/2t1dh	PROPN
cjal-9251	427	4	vp	vp	NOUN
cjal-9251	427	5	.	.	PROPN
cjal-9251	427	6	11•	11•	PROPN
cjal-9251	427	7	ming	ming	PROPN
cjal-9251	427	8	wang	wang	PROPN
cjal-9251	427	9	et	et	PROPN
cjal-9251	427	10	al	al	PROPN
cjal-9251	427	11	,	,	PUNCT
cjal-9251	427	12	cmna	cmna	PROPN
cjal-9251	427	13	's	's	PART
cjal-9251	427	14	financial	financial	ADJ
cjal-9251	427	15	markets	market	NOUN
cjal-9251	427	16	:	:	PUNCT
cjal-9251	427	17	issues	issue	NOUN
cjal-9251	427	18	and	and	CCONJ
cjal-9251	427	19	opportuntties	opportunttie	NOUN
cjal-9251	427	20	128	128	NUM
cjal-9251	427	21	(	(	PUNCT
cjal-9251	427	22	2014	2014	NUM
cjal-9251	427	23	)	)	PUNCT
cjal-9251	427	24	.	.	PUNCT
cjal-9251	428	1	116	116	NUM
cjal-9251	428	2	sheppard	sheppard	PROPN
cjal-9251	428	3	mullin	mullin	PROPN
cjal-9251	428	4	richter	richter	PROPN
cjal-9251	428	5	&	&	CCONJ
cjal-9251	428	6	hampton	hampton	PROPN
cjal-9251	428	7	llp	llp	PROPN
cjal-9251	428	8	,	,	PUNCT
cjal-9251	428	9	renminbi	renminbi	NOUN
cjal-9251	428	10	qualified	qualify	VERB
cjal-9251	428	11	foreign	foreign	ADJ
cjal-9251	428	12	limited	limited	ADJ
cjal-9251	428	13	pa.rtner	pa.rtner	NOUN
cjal-9251	428	14	:	:	PUNCT
cjal-9251	428	15	an	an	DET
cjal-9251	428	16	increm	increm	ADJ
cjal-9251	428	17	ental	ental	ADJ
cjal-9251	428	18	step	step	NOUN
cjal-9251	428	19	toward	toward	ADP
cjal-9251	428	20	rmb	rmb	PROPN
cjal-9251	428	21	int	int	NOUN
cjal-9251	428	22	ernationalization	ernationalization	NOUN
cjal-9251	428	23	in	in	ADP
cjal-9251	428	24	the	the	DET
cjal-9251	428	25	private	private	ADJ
cjal-9251	428	26	equity	equity	NOUN
cjal-9251	428	27	industry	industry	NOUN
cjal-9251	428	28	,	,	PUNCT
cjal-9251	428	29	lexology	lexology	NOUN
cjal-9251	428	30	(	(	PUNCT
cjal-9251	428	31	may	may	PROPN
cjal-9251	428	32	20	20	NUM
cjal-9251	428	33	,	,	PUNCT
cjal-9251	428	34	2013	2013	NUM
cjal-9251	428	35	)	)	PUNCT
cjal-9251	428	36	,	,	PUNCT
cjal-9251	428	37	http	http	ADV
cjal-9251	428	38	:	:	PUNCT
cjal-9251	428	39	//bit.ly/2t23	//bit.ly/2t23	PUNCT
cjal-9251	428	40	bbn	bbn	NOUN
cjal-9251	428	41	.	.	PUNCT
cjal-9251	429	1	117	117	NUM
cjal-9251	429	2	mayer	mayer	PROPN
cjal-9251	429	3	brown	brown	PROPN
cjal-9251	429	4	llp	llp	PROPN
cjal-9251	429	5	,	,	PUNCT
cjal-9251	429	6	shanghai	shanghai	PROPN
cjal-9251	429	7	laun	laun	PROPN
cjal-9251	429	8	ches	che	VERB
cjal-9251	429	9	new	new	ADJ
cjal-9251	429	10	rqflp	rqflp	PROPN
cjal-9251	429	11	programme	programme	NOUN
cjal-9251	429	12	,	,	PUNCT
cjal-9251	429	13	lexology	lexology	NOUN
cjal-9251	429	14	(	(	PUNCT
cjal-9251	429	15	jan	jan	PROPN
cjal-9251	429	16	.	.	PROPN
cjal-9251	429	17	14	14	NUM
cjal-9251	429	18	,	,	PUNCT
cjal-9251	429	19	2013	2013	NUM
cjal-9251	429	20	)	)	PUNCT
cjal-9251	429	21	,	,	PUNCT
cjal-9251	429	22	http://bit.ly/2s2pzex	http://bit.ly/2s2pzex	PROPN
cjal-9251	429	23	.	.	PUNCT
cjal-9251	430	1	us	we	PRON
cjal-9251	431	1	i	i	PRON
cjal-9251	431	2	d.	d.	PROPN
cjal-9251	431	3	119	119	NUM
cjal-9251	431	4	john	john	PROPN
cjal-9251	431	5	armour	armour	PROPN
cjal-9251	431	6	&	&	CCONJ
cjal-9251	431	7	douglas	douglas	PROPN
cjal-9251	431	8	cumming	cumming	PROPN
cjal-9251	431	9	,	,	PUNCT
cjal-9251	431	10	the	the	DET
cjal-9251	431	11	legislative	legislative	ADJ
cjal-9251	431	12	road	road	NOUN
cjal-9251	431	13	to	to	ADP
cjal-9251	431	14	silicon	silicon	PROPN
cjal-9251	431	15	valley	valley	NOUN
cjal-9251	431	16	,	,	PUNCT
cjal-9251	431	17	58	58	NUM
cjal-9251	431	18	oxford	oxford	PROPN
cjal-9251	431	19	econ	econ	PROPN
cjal-9251	431	20	.	.	PUNCT
cjal-9251	432	1	papers	paper	NOUN
cjal-9251	432	2	598	598	NUM
cjal-9251	432	3	,	,	PUNCT
cjal-9251	432	4	603	603	NUM
cjal-9251	432	5	-	-	SYM
cjal-9251	432	6	13	13	NUM
cjal-9251	432	7	,	,	PUNCT
cjal-9251	432	8	617	617	NUM
cjal-9251	432	9	-	-	SYM
cjal-9251	432	10	26	26	NUM
cjal-9251	432	11	(	(	PUNCT
cjal-9251	432	12	2006	2006	NUM
cjal-9251	432	13	)	)	PUNCT
cjal-9251	432	14	.	.	PUNCT
cjal-9251	433	1	120	120	NUM
cjal-9251	433	2	gui	gui	NOUN
cjal-9251	433	3	jieying	jieying	NOUN
cjal-9251	433	4	,	,	PUNCT
cjal-9251	433	5	cancellation	cancellation	NOUN
cjal-9251	433	6	of	of	ADP
cjal-9251	433	7	pe	pe	PROPN
cjal-9251	433	8	tax	tax	NOUN
cjal-9251	433	9	in	in	ADP
cjal-9251	433	10	centives	centive	NOUN
cjal-9251	433	11	causes	cause	VERB
cjal-9251	433	12	a	a	DET
cjal-9251	433	13	stir	stir	NOUN
cjal-9251	433	14	amid	amid	ADP
cjal-9251	433	15	the	the	DET
cjal-9251	433	16	trend	trend	NOUN
cjal-9251	433	17	of	of	ADP
cjal-9251	433	18	market	market	NOUN
cjal-9251	433	19	innovation	innovation	NOUN
cjal-9251	433	20	and	and	CCONJ
cjal-9251	433	21	mass	mass	NOUN
cjal-9251	433	22	entrepreneurship	entrepreneurship	NOUN
cjal-9251	433	23	,	,	PUNCT
cjal-9251	433	24	pedaily.cn	pedaily.cn	X
cjal-9251	433	25	(	(	PUNCT
cjal-9251	433	26	apr	apr	NOUN
cjal-9251	433	27	.	.	PROPN
cjal-9251	433	28	10	10	NUM
cjal-9251	433	29	,	,	PUNCT
cjal-9251	433	30	2015	2015	NUM
cjal-9251	433	31	)	)	PUNCT
cjal-9251	433	32	,	,	PUNCT
cjal-9251	433	33	http://bit.ly/2t1z6eb	http://bit.ly/2t1z6eb	PROPN
cjal-9251	433	34	.	.	PUNCT
cjal-9251	434	1	121	121	NUM
cjal-9251	434	2	the	the	DET
cjal-9251	434	3	number	number	NOUN
cjal-9251	434	4	of	of	ADP
cjal-9251	434	5	wealthy	wealthy	ADJ
cjal-9251	434	6	individual	individual	NOUN
cjal-9251	434	7	and	and	CCONJ
cjal-9251	434	8	families	family	NOUN
cjal-9251	434	9	is	be	AUX
cjal-9251	434	10	big	big	ADJ
cjal-9251	434	11	while	while	SCONJ
cjal-9251	434	12	the	the	DET
cjal-9251	434	13	fund	fund	NOUN
cjal-9251	434	14	size	size	NOUN
cjal-9251	434	15	they	they	PRON
cjal-9251	434	16	raise	raise	VERB
cjal-9251	434	17	is	be	AUX
cjal-9251	434	18	sma	sma	NOUN
cjal-9251	434	19	ll	ll	NOUN
cjal-9251	434	20	(	(	PUNCT
cjal-9251	434	21	1.6	1.6	NUM
cjal-9251	434	22	%	%	NOUN
cjal-9251	434	23	in	in	ADP
cjal-9251	434	24	year	year	NOUN
cjal-9251	434	25	2015	2015	NUM
cjal-9251	434	26	)	)	PUNCT
cjal-9251	434	27	.	.	PUNCT
cjal-9251	435	1	see	see	VERB
cjal-9251	435	2	table	table	NOUN
cjal-9251	435	3	2	2	NUM
cjal-9251	435	4	,	,	PUNCT
cjal-9251	435	5	supra	supra	NOUN
cjal-9251	435	6	.	.	PUNCT
cjal-9251	436	1	122	122	NUM
cjal-9251	436	2	see	see	VERB
cjal-9251	436	3	table	table	NOUN
cjal-9251	436	4	2	2	NUM
cjal-9251	436	5	,	,	PUNCT
cjal-9251	436	6	supra	supra	NOUN
cjal-9251	436	7	.	.	PUNCT
cjal-9251	437	1	123	123	NUM
cjal-9251	437	2	annual	annual	ADJ
cjal-9251	437	3	world	world	NOUN
cjal-9251	437	4	wealth	wealth	NOUN
cjal-9251	437	5	report	report	NOUN
cjal-9251	437	6	,	,	PUNCT
cjal-9251	437	7	capgemini	capgemini	PROPN
cjal-9251	437	8	&	&	CCONJ
cjal-9251	437	9	rbc	rbc	PROPN
cjal-9251	437	10	wealth	wealth	PROPN
cjal-9251	437	11	11a	11a	NOUN
cjal-9251	437	12	.	.	PUNCT
cjal-9251	438	1	'-:age	'-:age	NOUN
cjal-9251	438	2	.	.	PROPN
cjal-9251	438	3	,n:.,"t	,n:.,"t	PUNCT
cjal-9251	438	4	(	(	PUNCT
cjal-9251	438	5	2015	2015	NUM
cjal-9251	438	6	)	)	PUNCT
cjal-9251	438	7	,	,	PUNCT
cjal-9251	438	8	http://bit.ly/2tqfwwa	http://bit.ly/2tqfwwa	PRON
cjal-9251	438	9	(	(	PUNCT
cjal-9251	438	10	last	last	ADJ
cjal-9251	438	11	visited	visit	VERB
cjal-9251	438	12	may	may	AUX
cjal-9251	438	13	24	24	NUM
cjal-9251	438	14	,	,	PUNCT
cjal-9251	438	15	2017	2017	NUM
cjal-9251	438	16	)	)	PUNCT
cjal-9251	438	17	.	.	PUNCT
cjal-9251	439	1	12	12	NUM
cjal-9251	439	2	•	•	NOUN
cjal-9251	439	3	see	see	VERB
cjal-9251	439	4	the	the	DET
cjal-9251	439	5	top	top	ADJ
cjal-9251	439	6	50	50	NUM
cjal-9251	439	7	vc	vc	NOUN
cjal-9251	439	8	firms	firm	NOUN
cjal-9251	439	9	of	of	ADP
cjal-9251	439	10	the	the	DET
cjal-9251	439	11	year	year	NOUN
cjal-9251	439	12	2015	2015	NUM
cjal-9251	439	13	(	(	PUNCT
cjal-9251	439	14	ranked	rank	VERB
cjal-9251	439	15	by	by	ADP
cjal-9251	439	16	zero2ipo	zero2ipo	NOUN
cjal-9251	439	17	)	)	PUNCT
cjal-9251	439	18	,	,	PUNCT
cjal-9251	439	19	pedaily.cx	pedaily.cx	X
cjal-9251	439	20	(	(	PUNCT
cjal-9251	439	21	dec	dec	PROPN
cjal-9251	439	22	.	.	PROPN
cjal-9251	439	23	4	4	NUM
cjal-9251	439	24	,	,	PUNCT
cjal-9251	439	25	2015	2015	NUM
cjal-9251	439	26	)	)	PUNCT
cjal-9251	439	27	,	,	PUNCT
cjal-9251	439	28	http://bit.ly	http://bit.ly	PROPN
cjal-9251	439	29	/2snlpw0	/2snlpw0	NOUN
cjal-9251	439	30	.	.	PUNCT
cjal-9251	440	1	2017	2017	NUM
cjal-9251	440	2	)	)	PUNCT
cjal-9251	440	3	engineering	engineer	VERB
cjal-9251	440	4	a	a	DET
cjal-9251	440	5	venture	venture	NOUN
cjal-9251	440	6	capital	capital	NOUN
cjal-9251	440	7	market	market	NOUN
cjal-9251	440	8	179	179	NUM
cjal-9251	440	9	state	state	NOUN
cjal-9251	440	10	owned	own	VERB
cjal-9251	440	11	companies	company	NOUN
cjal-9251	440	12	,	,	PUNCT
cjal-9251	440	13	125	125	NUM
cjal-9251	440	14	including	include	VERB
cjal-9251	440	15	chinese	chinese	ADJ
cjal-9251	440	16	internet	internet	NOUN
cjal-9251	440	17	giants	giant	NOUN
cjal-9251	440	18	tencent	tencent	NOUN
cjal-9251	440	19	and	and	CCONJ
cjal-9251	440	20	alibaba	alibaba	PROPN
cjal-9251	440	21	.	.	PUNCT
cjal-9251	441	1	126	126	NUM
cjal-9251	441	2	interviewees	interviewee	NOUN
cjal-9251	441	3	have	have	AUX
cjal-9251	441	4	stated	state	VERB
cjal-9251	441	5	that	that	SCONJ
cjal-9251	441	6	these	these	DET
cjal-9251	441	7	tax	tax	NOUN
cjal-9251	441	8	incentives	incentive	NOUN
cjal-9251	441	9	have	have	AUX
cjal-9251	441	10	greatly	greatly	ADV
cjal-9251	441	11	increased	increase	VERB
cjal-9251	441	12	their	their	PRON
cjal-9251	441	13	interests	interest	NOUN
cjal-9251	441	14	in	in	ADP
cjal-9251	441	15	making	make	VERB
cjal-9251	441	16	vc	vc	PROPN
cjal-9251	441	17	investments.127	investments.127	NOUN
cjal-9251	441	18	table	table	NOUN
cjal-9251	441	19	4	4	NUM
cjal-9251	441	20	:	:	PUNCT
cjal-9251	441	21	tax	tax	NOUN
cjal-9251	441	22	rules	rule	NOUN
cjal-9251	441	23	for	for	ADP
cjal-9251	441	24	private	private	ADJ
cjal-9251	441	25	equitync	equitync	NOUN
cjal-9251	441	26	funds	fund	NOUN
cjal-9251	441	27	at	at	ADP
cjal-9251	441	28	selected	select	VERB
cjal-9251	441	29	locations	location	NOUN
cjal-9251	441	30	in	in	ADP
cjal-9251	441	31	china	china	PROPN
cjal-9251	441	32	128	128	NUM
cjal-9251	441	33	region	region	NOUN
cjal-9251	441	34	beijing	beijing	PROPN
cjal-9251	441	35	tianjin	tianjin	PROPN
cjal-9251	441	36	shanghai	shanghai	PROPN
cjal-9251	441	37	chongqing	chongqing	PROPN
cjal-9251	441	38	shenzhen	shenzhen	PROPN
cjal-9251	441	39	tax	tax	PROPN
cjal-9251	441	40	regulations	regulation	NOUN
cjal-9251	441	41	129	129	NUM
cjal-9251	441	42	gps	gps	NOUN
cjal-9251	441	43	and	and	CCONJ
cjal-9251	441	44	lps	lps	PROPN
cjal-9251	441	45	pay	pay	VERB
cjal-9251	441	46	individual	individual	ADJ
cjal-9251	441	47	income	income	NOUN
cjal-9251	441	48	tax	tax	NOUN
cjal-9251	441	49	at	at	ADP
cjal-9251	441	50	a	a	DET
cjal-9251	441	51	rate	rate	NOUN
cjal-9251	441	52	of	of	ADP
cjal-9251	441	53	20	20	NUM
cjal-9251	441	54	%	%	NOUN
cjal-9251	441	55	.	.	PUNCT
cjal-9251	442	1	130	130	NUM
cjal-9251	442	2	individual	individual	ADJ
cjal-9251	442	3	gps	gps	NOUN
cjal-9251	442	4	and	and	CCONJ
cjal-9251	442	5	lps	lps	PROPN
cjal-9251	442	6	pay	pay	VERB
cjal-9251	442	7	individual	individual	ADJ
cjal-9251	442	8	income	income	NOUN
cjal-9251	442	9	tax	tax	NOUN
cjal-9251	442	10	at	at	ADP
cjal-9251	442	11	a	a	DET
cjal-9251	442	12	rate	rate	NOUN
cjal-9251	442	13	of	of	ADP
cjal-9251	442	14	20	20	NUM
cjal-9251	442	15	%	%	NOUN
cjal-9251	442	16	.	.	PUNCT
cjal-9251	443	1	within	within	ADP
cjal-9251	443	2	the	the	DET
cjal-9251	443	3	tianjin	tianjin	PROPN
cjal-9251	443	4	economic	economic	ADJ
cjal-9251	443	5	-	-	PUNCT
cjal-9251	443	6	technological	technological	ADJ
cjal-9251	443	7	development	development	NOUN
cjal-9251	443	8	area	area	NOUN
cjal-9251	443	9	,	,	PUNCT
cjal-9251	443	10	individual	individual	ADJ
cjal-9251	443	11	partners	partner	NOUN
cjal-9251	443	12	receive	receive	VERB
cjal-9251	443	13	100	100	NUM
cjal-9251	443	14	%	%	NOUN
cjal-9251	443	15	subsidies	subsidy	NOUN
cjal-9251	443	16	for	for	ADP
cjal-9251	443	17	tax	tax	NOUN
cjal-9251	443	18	on	on	ADP
cjal-9251	443	19	income	income	NOUN
cjal-9251	443	20	beyond	beyond	ADP
cjal-9251	443	21	the	the	DET
cjal-9251	443	22	20	20	NUM
cjal-9251	443	23	%	%	NOUN
cjal-9251	443	24	individual	individual	ADJ
cjal-9251	443	25	income	income	NOUN
cjal-9251	443	26	tax	tax	NOUN
cjal-9251	443	27	of	of	ADP
cjal-9251	443	28	individual	individual	ADJ
cjal-9251	443	29	partners	partner	NOUN
cjal-9251	443	30	.	.	PUNCT
cjal-9251	444	1	13	13	NUM
cjal-9251	444	2	1	1	NUM
cjal-9251	444	3	individual	individual	ADJ
cjal-9251	444	4	gps	gps	NOUN
cjal-9251	444	5	pay	pay	VERB
cjal-9251	444	6	individual	individual	ADJ
cjal-9251	444	7	income	income	NOUN
cjal-9251	444	8	tax	tax	NOUN
cjal-9251	444	9	at	at	ADP
cjal-9251	444	10	a	a	DET
cjal-9251	444	11	rate	rate	NOUN
cjal-9251	444	12	of	of	ADP
cjal-9251	444	13	35	35	NUM
cjal-9251	444	14	%	%	NOUN
cjal-9251	444	15	for	for	ADP
cjal-9251	444	16	income	income	NOUN
cjal-9251	444	17	above	above	ADP
cjal-9251	444	18	rmb	rmb	PROPN
cjal-9251	444	19	50,000	50,000	NUM
cjal-9251	444	20	;	;	PUNCT
cjal-9251	444	21	lps	lps	PROPN
cjal-9251	444	22	pay	pay	VERB
cjal-9251	444	23	individual	individual	ADJ
cjal-9251	444	24	income	income	NOUN
cjal-9251	444	25	tax	tax	NOUN
cjal-9251	444	26	at	at	ADP
cjal-9251	444	27	a	a	DET
cjal-9251	444	28	rate	rate	NOUN
cjal-9251	444	29	of	of	ADP
cjal-9251	444	30	20	20	NUM
cjal-9251	444	31	%	%	NOUN
cjal-9251	444	32	for	for	ADP
cjal-9251	444	33	equity	equity	NOUN
cjal-9251	444	34	investment	investment	NOUN
cjal-9251	444	35	income	income	NOUN
cjal-9251	444	36	.	.	PUNCT
cjal-9251	445	1	132	132	NUM
cjal-9251	445	2	individual	individual	ADJ
cjal-9251	445	3	gps	gps	PROPN
cjal-9251	445	4	pay	pay	VERB
cjal-9251	445	5	individual	individual	ADJ
cjal-9251	445	6	income	income	NOUN
cjal-9251	445	7	tax	tax	NOUN
cjal-9251	445	8	at	at	ADP
cjal-9251	445	9	progressive	progressive	ADJ
cjal-9251	445	10	tax	tax	NOUN
cjal-9251	445	11	rates	rate	NOUN
cjal-9251	445	12	ranging	range	VERB
cjal-9251	445	13	from	from	ADP
cjal-9251	445	14	5	5	NUM
cjal-9251	445	15	-	-	SYM
cjal-9251	445	16	35	35	NUM
cjal-9251	445	17	%	%	NOUN
cjal-9251	445	18	;	;	PUNCT
cjal-9251	445	19	lps	lps	PROPN
cjal-9251	445	20	pay	pay	VERB
cjal-9251	445	21	individual	individual	ADJ
cjal-9251	445	22	income	income	NOUN
cjal-9251	445	23	tax	tax	NOUN
cjal-9251	445	24	at	at	ADP
cjal-9251	445	25	a	a	DET
cjal-9251	445	26	rate	rate	NOUN
cjal-9251	445	27	of	of	ADP
cjal-9251	445	28	20	20	NUM
cjal-9251	445	29	%	%	NOUN
cjal-9251	445	30	.	.	PUNCT
cjal-9251	446	1	pursuant	pursuant	ADJ
cjal-9251	446	2	to	to	ADP
cjal-9251	446	3	china	china	PROPN
cjal-9251	446	4	's	's	PART
cjal-9251	446	5	western	western	PROPN
cjal-9251	446	6	development	development	PROPN
cjal-9251	446	7	program	program	NOUN
cjal-9251	446	8	,	,	PUNCT
cjal-9251	446	9	funds	fund	NOUN
cjal-9251	446	10	organized	organize	VERB
cjal-9251	446	11	as	as	SCONJ
cjal-9251	446	12	companies	company	NOUN
cjal-9251	446	13	are	be	AUX
cjal-9251	446	14	subject	subject	ADJ
cjal-9251	446	15	to	to	ADP
cjal-9251	446	16	corporate	corporate	ADJ
cjal-9251	446	17	income	income	NOUN
cjal-9251	446	18	tax	tax	NOUN
cjal-9251	446	19	at	at	ADP
cjal-9251	446	20	a	a	DET
cjal-9251	446	21	rate	rate	NOUN
cjal-9251	446	22	of	of	ADP
cjal-9251	446	23	15	15	NUM
cjal-9251	446	24	%	%	NOUN
cjal-9251	446	25	.	.	PUNCT
cjal-9251	447	1	133	133	NUM
cjal-9251	447	2	individual	individual	ADJ
cjal-9251	447	3	gps	gps	PROPN
cjal-9251	447	4	pay	pay	VERB
cjal-9251	447	5	individual	individual	ADJ
cjal-9251	447	6	income	income	NOUN
cjal-9251	447	7	tax	tax	NOUN
cjal-9251	447	8	at	at	ADP
cjal-9251	447	9	a	a	DET
cjal-9251	447	10	progressive	progressive	ADJ
cjal-9251	447	11	tax	tax	NOUN
cjal-9251	447	12	rate	rate	NOUN
cjal-9251	447	13	ranging	range	VERB
cjal-9251	447	14	from	from	ADP
cjal-9251	447	15	5	5	NUM
cjal-9251	447	16	-	-	SYM
cjal-9251	447	17	35	35	NUM
cjal-9251	447	18	%	%	NOUN
cjal-9251	447	19	;	;	PUNCT
cjal-9251	447	20	lps	lps	PROPN
cjal-9251	447	21	pay	pay	VERB
cjal-9251	447	22	individual	individual	ADJ
cjal-9251	447	23	income	income	NOUN
cjal-9251	447	24	tax	tax	NOUN
cjal-9251	447	25	at	at	ADP
cjal-9251	447	26	a	a	DET
cjal-9251	447	27	rate	rate	NOUN
cjal-9251	447	28	of	of	ADP
cjal-9251	447	29	20	20	NUM
cjal-9251	447	30	%	%	NOUN
cjal-9251	447	31	.	.	PUNCT
cjal-9251	448	1	134	134	NUM
cjal-9251	448	2	6	6	NUM
cjal-9251	448	3	.	.	PUNCT
cjal-9251	448	4	improving	improve	VERB
cjal-9251	448	5	exit	exit	NOUN
cjal-9251	448	6	environment	environment	NOUN
cjal-9251	448	7	the	the	DET
cjal-9251	448	8	establishment	establishment	NOUN
cjal-9251	448	9	of	of	ADP
cjal-9251	448	10	the	the	DET
cjal-9251	448	11	shanghai	shanghai	PROPN
cjal-9251	448	12	stock	stock	PROPN
cjal-9251	448	13	exchange	exchange	PROPN
cjal-9251	448	14	(	(	PUNCT
cjal-9251	448	15	sse	sse	PROPN
cjal-9251	448	16	)	)	PUNCT
cjal-9251	448	17	and	and	CCONJ
cjal-9251	448	18	the	the	DET
cjal-9251	448	19	shenzhen	shenzhen	PROPN
cjal-9251	448	20	stock	stock	PROPN
cjal-9251	448	21	exchange	exchange	PROPN
cjal-9251	448	22	(	(	PUNCT
cjal-9251	448	23	szse	szse	NOUN
cjal-9251	448	24	)	)	PUNCT
cjal-9251	448	25	in	in	ADP
cjal-9251	448	26	1990	1990	NUM
cjal-9251	448	27	offered	offer	VERB
cjal-9251	448	28	new	new	ADJ
cjal-9251	448	29	exit	exit	NOUN
cjal-9251	448	30	channels	channel	NOUN
cjal-9251	448	31	for	for	ADP
cjal-9251	448	32	123	123	NUM
cjal-9251	448	33	see	see	VERB
cjal-9251	448	34	ernst	ernst	PROPN
cjal-9251	448	35	&	&	CCONJ
cjal-9251	448	36	young	young	ADJ
cjal-9251	448	37	2014	2014	NUM
cjal-9251	448	38	trends	trend	NOUN
cjal-9251	448	39	,	,	PUNCT
cjal-9251	448	40	supra	supra	PROPN
cjal-9251	448	41	note	note	NOUN
cjal-9251	448	42	78	78	NUM
cjal-9251	448	43	,	,	PUNCT
cjal-9251	448	44	at	at	ADP
cjal-9251	448	45	20	20	NUM
cjal-9251	448	46	.	.	NOUN
cjal-9251	448	47	1	1	NUM
cjal-9251	448	48	m	m	NOUN
cjal-9251	448	49	tencent	tencent	NOUN
cjal-9251	448	50	and	and	CCONJ
cjal-9251	448	51	alibaba	alibaba	PROPN
cjal-9251	448	52	are	be	AUX
cjal-9251	448	53	two	two	NUM
cjal-9251	448	54	top	top	ADJ
cjal-9251	448	55	chinese	chinese	ADJ
cjal-9251	448	56	e	e	PROPN
cjal-9251	448	57	-	-	PROPN
cjal-9251	448	58	commerce	commerce	NOUN
cjal-9251	448	59	companies	company	NOUN
cjal-9251	448	60	.	.	PUNCT
cjal-9251	449	1	121	121	NUM
cjal-9251	449	2	interview	interview	NOUN
cjal-9251	449	3	with	with	ADP
cjal-9251	449	4	mr	mr	PROPN
cjal-9251	449	5	.	.	PROPN
cjal-9251	449	6	tian	tian	PROPN
cjal-9251	449	7	(	(	PUNCT
cjal-9251	449	8	anonymity	anonymity	NOUN
cjal-9251	449	9	requested	request	VERB
cjal-9251	449	10	)	)	PUNCT
cjal-9251	449	11	,	,	PUNCT
cjal-9251	449	12	partner	partner	NOUN
cjal-9251	449	13	,	,	PUNCT
cjal-9251	449	14	songhe	songhe	PROPN
cjal-9251	449	15	yuanwang	yuanwang	PROPN
cjal-9251	449	16	capital	capital	PROPN
cjal-9251	449	17	,	,	PUNCT
cjal-9251	449	18	in	in	ADP
cjal-9251	449	19	singapore	singapore	PROPN
cjal-9251	449	20	(	(	PUNCT
cjal-9251	449	21	dec	dec	PROPN
cjal-9251	449	22	.	.	PROPN
cjal-9251	449	23	30	30	NUM
cjal-9251	449	24	,	,	PUNCT
cjal-9251	449	25	2016	2016	NUM
cjal-9251	449	26	)	)	PUNCT
cjal-9251	449	27	.	.	PUNCT
cjal-9251	450	1	128	128	NUM
cjal-9251	450	2	gui	gui	NOUN
cjal-9251	450	3	,	,	PUNCT
cjal-9251	450	4	supra	supra	PROPN
cjal-9251	450	5	note	note	NOUN
cjal-9251	450	6	120	120	NUM
cjal-9251	450	7	.	.	PUNCT
cjal-9251	450	8	129	129	NUM
cjal-9251	450	9	the	the	DET
cjal-9251	450	10	private	private	ADJ
cjal-9251	450	11	equity	equity	NOUN
cjal-9251	450	12	funds	fund	NOUN
cjal-9251	450	13	in	in	ADP
cjal-9251	450	14	this	this	DET
cjal-9251	450	15	table	table	NOUN
cjal-9251	450	16	also	also	ADV
cjal-9251	450	17	include	include	VERB
cjal-9251	450	18	vc	vc	PROPN
cjal-9251	450	19	funds	fund	NOUN
cjal-9251	450	20	.	.	PUNCT
cjal-9251	451	1	100	100	NUM
cjal-9251	451	2	liu	liu	PROPN
cjal-9251	451	3	tianyong	tianyong	PROPN
cjal-9251	451	4	(	(	PUNCT
cjal-9251	451	5	~1j~	~1j~	X
cjal-9251	451	6	1-:k	1-:k	NUM
cjal-9251	451	7	)	)	PUNCT
cjal-9251	451	8	,	,	PUNCT
cjal-9251	451	9	simu	simu	PROPN
cjal-9251	451	10	guquan	guquan	PROPN
cjal-9251	451	11	jijin	jijin	PROPN
cjal-9251	451	12	caiyong	caiyong	PROPN
cjal-9251	451	13	shenme	shenme	PROPN
cjal-9251	451	14	zuzhi	zuzhi	PROPN
cjal-9251	451	15	xingshi	xingshi	PROPN
cjal-9251	451	16	zui	zui	PROPN
cjal-9251	451	17	jie	jie	PROPN
cjal-9251	451	18	shui	shui	PROPN
cjal-9251	451	19	?	?	PUNCT
cjal-9251	452	1	(;	(;	PUNCT
cjal-9251	452	2	fi.jjjju5u.!i~*fflft¾-ffl.~u~:x	fi.jjjju5u.!i~*fflft¾-ffl.~u~:x	PROPN
cjal-9251	452	3	:	:	PUNCT
cjal-9251	452	4	t	t	PROPN
cjal-9251	452	5	:	:	PUNCT
cjal-9251	452	6	lii	lii	PROPN
cjal-9251	452	7	,	,	PUNCT
cjal-9251	452	8	h~.	h~.	PUNCT
cjal-9251	452	9	?	?	PUNCT
cjal-9251	452	10	)	)	PUNCT
cjal-9251	453	1	[	[	X
cjal-9251	453	2	what	what	PRON
cjal-9251	453	3	is	be	AUX
cjal-9251	453	4	the	the	DET
cjal-9251	453	5	most	most	ADV
cjal-9251	453	6	tax	tax	NOUN
cjal-9251	453	7	-	-	PUNCT
cjal-9251	453	8	efficient	efficient	ADJ
cjal-9251	453	9	structure	structure	NOUN
cjal-9251	453	10	for	for	ADP
cjal-9251	453	11	private	private	ADJ
cjal-9251	453	12	equity	equity	NOUN
cjal-9251	453	13	funds	fund	NOUN
cjal-9251	453	14	?	?	PUNCT
cjal-9251	453	15	]	]	PUNCT
cjal-9251	453	16	,	,	PUNCT
cjal-9251	453	17	zhongguo	zhongguo	PROPN
cjal-9251	453	18	kuaji	kuaji	PROPN
cjal-9251	453	19	shiye	shiye	PROPN
cjal-9251	453	20	(	(	PUNCT
cjal-9251	453	21	'	'	PUNCT
cjal-9251	453	22	fl	fl	NUM
cjal-9251	453	23	li	li	X
cjal-9251	453	24	~	~	NOUN
cjal-9251	453	25	if-.ll\1.ll!f	if-.ll\1.ll!f	NOUN
cjal-9251	453	26	)	)	PUNCT
cjal-9251	454	1	[	[	X
cjal-9251	454	2	china	china	PROPN
cjal-9251	454	3	accounting	accounting	PROPN
cjal-9251	454	4	vision	vision	PROPN
cjal-9251	454	5	]	]	PUNCT
cjal-9251	454	6	(	(	PUNCT
cjal-9251	454	7	oct	oct	PROPN
cjal-9251	454	8	.	.	PROPN
cjal-9251	454	9	18	18	NUM
cjal-9251	454	10	,	,	PUNCT
cjal-9251	454	11	2016	2016	NUM
cjal-9251	454	12	)	)	PUNCT
cjal-9251	454	13	,	,	PUNCT
cjal-9251	454	14	http://bit.ly/2sni4gx	http://bit.ly/2sni4gx	PROPN
cjal-9251	454	15	.	.	PUNCT
cjal-9251	455	1	isi	isi	PROPN
cjal-9251	456	1	i	i	PROPN
cjal-9251	456	2	d.	d.	PROPN
cjal-9251	456	3	is2jd	is2jd	PROPN
cjal-9251	456	4	.	.	PUNCT
cjal-9251	457	1	133	133	NUM
cjal-9251	457	2	chen	chen	PROPN
cjal-9251	457	3	zhonghua	zhonghua	PROPN
cjal-9251	457	4	&	&	CCONJ
cjal-9251	457	5	chai	chai	PROPN
cjal-9251	457	6	nan	nan	PROPN
cjal-9251	457	7	(	(	PUNCT
cjal-9251	457	8	li	li	PROPN
cjal-9251	457	9	<	<	X
cjal-9251	457	10	p$	p$	PROPN
cjal-9251	457	11	&	&	CCONJ
cjal-9251	457	12	~mi	~mi	NOUN
cjal-9251	457	13	)	)	PUNCT
cjal-9251	457	14	,	,	PUNCT
cjal-9251	457	15	simu	simu	PROPN
cjal-9251	457	16	guquan	guquan	PROPN
cjal-9251	457	17	touzi	touzi	PROPN
cjal-9251	457	18	jijin	jijin	PROPN
cjal-9251	457	19	shuishou	shuishou	PROPN
cjal-9251	457	20	zhengce	zhengce	PROPN
cjal-9251	457	21	daibipin	daibipin	VERB
cjal-9251	457	22	(;	(;	PUNCT
cjal-9251	457	23	fi.jj/l!t	fi.jj/l!t	PROPN
cjal-9251	457	24	:	:	PUNCT
cjal-9251	457	25	&	&	CCONJ
cjal-9251	457	26	ii~¥~~	ii~¥~~	PROPN
cjal-9251	457	27	t!l(i!j{ffi::;k	t!l(i!j{ffi::;k	NUM
cjal-9251	457	28	ltf	ltf	PROPN
cjal-9251	457	29	#	#	NOUN
cjal-9251	457	30	)	)	PUNCT
cjal-9251	458	1	[	[	X
cjal-9251	458	2	comparison	comparison	NOUN
cjal-9251	458	3	of	of	ADP
cjal-9251	458	4	tax	tax	NOUN
cjal-9251	458	5	policies	policy	NOUN
cjal-9251	458	6	for	for	ADP
cjal-9251	458	7	private	private	ADJ
cjal-9251	458	8	equity	equity	NOUN
cjal-9251	458	9	funds	fund	NOUN
cjal-9251	458	10	]	]	PUNCT
cjal-9251	458	11	,	,	PUNCT
cjal-9251	458	12	xinlang	xinlang	PROPN
cjal-9251	458	13	caijing	caijing	PROPN
cjal-9251	458	14	(	(	PUNCT
cjal-9251	458	15	jfj&jf	jfj&jf	NOUN
cjal-9251	458	16	!	!	PUNCT
cjal-9251	458	17	&	&	CCONJ
cjal-9251	458	18	)	)	PUNCT
cjal-9251	458	19	(	(	PUNCT
cjal-9251	458	20	sina	sina	PROPN
cjal-9251	458	21	finance	finance	PROPN
cjal-9251	458	22	]	]	PUNCT
cjal-9251	458	23	(	(	PUNCT
cjal-9251	458	24	may	may	PROPN
cjal-9251	458	25	23	23	NUM
cjal-9251	458	26	,	,	PUNCT
cjal-9251	458	27	2017	2017	NUM
cjal-9251	458	28	)	)	PUNCT
cjal-9251	458	29	,	,	PUNCT
cjal-9251	458	30	http://bit.ly/2ss9tiq	http://bit.ly/2ss9tiq	PROPN
cjal-9251	458	31	.	.	PUNCT
cjal-9251	459	1	1:14	1:14	NUM
cjal-9251	459	2	liu	liu	PROPN
cjal-9251	459	3	,	,	PUNCT
cjal-9251	459	4	supra	supra	PROPN
cjal-9251	459	5	note	note	VERB
cjal-9251	459	6	130	130	NUM
cjal-9251	459	7	.	.	SYM
cjal-9251	459	8	180	180	NUM
cjal-9251	459	9	columbia	columbia	PROPN
cjal-9251	459	10	j	j	PROPN
cjal-9251	459	11	ournal	ournal	ADJ
cjal-9251	459	12	of	of	ADP
cjal-9251	459	13	asian	asian	ADJ
cjal-9251	459	14	law	law	NOUN
cjal-9251	460	1	[	[	X
cjal-9251	460	2	vol	vol	NOUN
cjal-9251	460	3	.	.	PUNCT
cjal-9251	461	1	30:16	30:16	NUM
cjal-9251	461	2	0	0	NUM
cjal-9251	461	3	vc	vc	NOUN
cjal-9251	461	4	investments	investment	NOUN
cjal-9251	461	5	.	.	PUNCT
cjal-9251	462	1	before	before	ADP
cjal-9251	462	2	that	that	PRON
cjal-9251	462	3	,	,	PUNCT
cjal-9251	462	4	vc	vc	PROPN
cjal-9251	462	5	-	-	PUNCT
cjal-9251	462	6	back	back	NOUN
cjal-9251	462	7	ed	ed	PROPN
cjal-9251	462	8	firm	firm	NOUN
cjal-9251	462	9	s	s	PART
cjal-9251	462	10	were	be	AUX
cjal-9251	462	11	unable	unable	ADJ
cjal-9251	462	12	to	to	PART
cjal-9251	462	13	exit	exit	VERB
cjal-9251	462	14	via	via	ADP
cjal-9251	462	15	ipos	ipos	PROPN
cjal-9251	462	16	.	.	PUNCT
cjal-9251	463	1	in	in	ADP
cjal-9251	463	2	2016	2016	NUM
cjal-9251	463	3	,	,	PUNCT
cjal-9251	463	4	148	148	NUM
cjal-9251	463	5	vc	vc	NOUN
cjal-9251	463	6	and	and	CCONJ
cjal-9251	463	7	privat	privat	PROPN
cjal-9251	463	8	e	e	PROPN
cjal-9251	463	9	equity	equity	NOUN
cjal-9251	463	10	ba	ba	PROPN
cjal-9251	463	11	cked	cke	VERB
cjal-9251	463	12	companies	company	NOUN
cjal-9251	463	13	were	be	AUX
cjal-9251	463	14	listed	list	VERB
cjal-9251	463	15	on	on	ADP
cjal-9251	463	16	china	china	PROPN
cjal-9251	463	17	's	's	PART
cjal-9251	463	18	stock	stock	NOUN
cjal-9251	463	19	mark	mark	NOUN
cjal-9251	463	20	ets	ets	PROPN
cjal-9251	463	21	via	via	ADP
cjal-9251	463	22	ipo	ipo	PROPN
cjal-9251	463	23	.	.	PROPN
cjal-9251	463	24	135	135	NUM
cjal-9251	463	25	in	in	ADP
cjal-9251	463	26	october	october	PROPN
cjal-9251	463	27	2009	2009	NUM
cjal-9251	463	28	,	,	PUNCT
cjal-9251	463	29	the	the	DET
cjal-9251	463	30	exit	exit	NOUN
cjal-9251	463	31	environment	environment	NOUN
cjal-9251	463	32	was	be	AUX
cjal-9251	463	33	furth	furth	NOUN
cjal-9251	463	34	er	er	INTJ
cjal-9251	463	35	improved	improve	VERB
cjal-9251	463	36	by	by	ADP
cjal-9251	463	37	the	the	DET
cjal-9251	463	38	launch	launch	NOUN
cjal-9251	463	39	of	of	ADP
cjal-9251	463	40	a	a	DET
cjal-9251	463	41	new	new	ADJ
cjal-9251	463	42	nasdaq	nasdaq	NOUN
cjal-9251	463	43	like	like	ADP
cjal-9251	463	44	secondary	secondary	PROPN
cjal-9251	463	45	board	board	PROPN
cjal-9251	463	46	chinext	chinext	NOUN
cjal-9251	463	47	.	.	PUNCT
cjal-9251	464	1	136	136	NUM
cjal-9251	464	2	chinext	chinext	NOUN
cjal-9251	464	3	provides	provide	VERB
cjal-9251	464	4	more	more	ADV
cjal-9251	464	5	relaxed	relaxed	ADJ
cjal-9251	464	6	listing	listing	NOUN
cjal-9251	464	7	requirements	requirement	NOUN
cjal-9251	464	8	as	as	SCONJ
cjal-9251	464	9	compared	compare	VERB
cjal-9251	464	10	to	to	ADP
cjal-9251	464	11	the	the	DET
cjal-9251	464	12	two	two	NUM
cjal-9251	464	13	main	main	ADJ
cjal-9251	464	14	board	board	NOUN
cjal-9251	464	15	s	s	NOUN
cjal-9251	464	16	,	,	PUNCT
cjal-9251	464	17	i.e.	i.e.	X
cjal-9251	464	18	the	the	DET
cjal-9251	464	19	sse	sse	NOUN
cjal-9251	464	20	and	and	CCONJ
cjal-9251	464	21	szse.137	szse.137	NOUN
cjal-9251	464	22	the	the	DET
cjal-9251	464	23	launch	launch	NOUN
cjal-9251	464	24	of	of	ADP
cjal-9251	464	25	chinext	chinext	NOUN
cjal-9251	464	26	ha	ha	INTJ
cjal-9251	464	27	s	s	AUX
cjal-9251	464	28	indeed	indeed	ADV
cjal-9251	464	29	fa	fa	INTJ
cjal-9251	464	30	cilitated	cilitate	VERB
cjal-9251	464	31	vc	vc	PROPN
cjal-9251	464	32	-backed	-backe	VERB
cjal-9251	464	33	exits	exit	NOUN
cjal-9251	464	34	.	.	PUNCT
cjal-9251	465	1	in	in	ADP
cjal-9251	465	2	the	the	DET
cjal-9251	465	3	five	five	NUM
cjal-9251	465	4	-	-	PUNCT
cjal-9251	465	5	year	year	NOUN
cjal-9251	465	6	span	span	NOUN
cjal-9251	465	7	after	after	ADP
cjal-9251	465	8	chinext	chinext	NOUN
cjal-9251	465	9	's	's	PART
cjal-9251	465	10	launch	launch	NOUN
cjal-9251	465	11	,	,	PUNCT
cjal-9251	465	12	519	519	NUM
cjal-9251	465	13	exits	exit	NOUN
cjal-9251	465	14	were	be	AUX
cjal-9251	465	15	made	make	VERB
cjal-9251	465	16	via	via	ADP
cjal-9251	465	17	chinext	chinext	NOUN
cjal-9251	465	18	,	,	PUNCT
cjal-9251	465	19	with	with	ADP
cjal-9251	465	20	a	a	DET
cjal-9251	465	21	market	market	NOUN
cjal-9251	465	22	return	return	NOUN
cjal-9251	465	23	of	of	ADP
cjal-9251	465	24	rmb	rmb	PROPN
cjal-9251	465	25	7	7	NUM
cjal-9251	465	26	43.4	43.4	NUM
cjal-9251	465	27	billion	billion	NUM
cjal-9251	465	28	.	.	PUNCT
cjal-9251	466	1	138	138	NUM
cjal-9251	466	2	as	as	ADP
cjal-9251	466	3	of	of	ADP
cjal-9251	466	4	octobe	octobe	NOUN
cjal-9251	466	5	r	r	NOUN
cjal-9251	466	6	23	23	NUM
cjal-9251	466	7	,	,	PUNCT
cjal-9251	466	8	2014	2014	NUM
cjal-9251	466	9	,	,	PUNCT
cjal-9251	466	10	519	519	NUM
cjal-9251	466	11	companies	company	NOUN
cjal-9251	466	12	that	that	PRON
cjal-9251	466	13	were	be	AUX
cjal-9251	466	14	ba	ba	AUX
cjal-9251	466	15	cked	cke	VERB
cjal-9251	466	16	by	by	ADP
cjal-9251	466	17	vc	vc	PROPN
cjal-9251	466	18	or	or	CCONJ
cjal-9251	466	19	private	private	ADJ
cjal-9251	466	20	equity	equity	NOUN
cjal-9251	466	21	were	be	AUX
cjal-9251	466	22	listed	list	VERB
cjal-9251	466	23	on	on	ADP
cjal-9251	466	24	chinext	chinext	NOUN
cjal-9251	466	25	.	.	PUNCT
cjal-9251	467	1	139	139	NUM
cjal-9251	467	2	in	in	ADP
cjal-9251	467	3	2013	2013	NUM
cjal-9251	467	4	,	,	PUNCT
cjal-9251	467	5	the	the	DET
cjal-9251	467	6	nation	nation	NOUN
cjal-9251	467	7	-	-	PUNCT
cjal-9251	467	8	wide	wide	ADJ
cjal-9251	467	9	expansion	expansion	NOUN
cjal-9251	467	10	of	of	ADP
cjal-9251	467	11	the	the	DET
cjal-9251	467	12	national	national	PROPN
cjal-9251	467	13	equities	equities	PROPN
cjal-9251	467	14	exchange	exchange	PROPN
cjal-9251	467	15	and	and	CCONJ
cjal-9251	467	16	quotation	quotation	NOUN
cjal-9251	467	17	(	(	PUNCT
cjal-9251	467	18	"	"	PUNCT
cjal-9251	467	19	neeq	neeq	ADJ
cjal-9251	467	20	"	"	PUNCT
cjal-9251	467	21	)	)	PUNCT
cjal-9251	468	1	syste	syste	PROPN
cjal-9251	468	2	m	m	PROPN
cjal-9251	468	3	(	(	PUNCT
cjal-9251	468	4	also	also	ADV
cjal-9251	468	5	known	know	VERB
cjal-9251	468	6	as	as	ADP
cjal-9251	468	7	the	the	DET
cjal-9251	468	8	"	"	PUNCT
cjal-9251	468	9	new	new	ADJ
cjal-9251	468	10	third	third	ADJ
cjal-9251	468	11	board	board	NOUN
cjal-9251	468	12	"	"	PUNCT
cjal-9251	468	13	)	)	PUNCT
cjal-9251	468	14	also	also	ADV
cjal-9251	468	15	provided	provide	VERB
cjal-9251	468	16	an	an	DET
cjal-9251	468	17	important	important	ADJ
cjal-9251	468	18	exit	exit	NOUN
cjal-9251	468	19	vehicle	vehicle	NOUN
cjal-9251	468	20	for	for	ADP
cjal-9251	468	21	vc	vc	NOUN
cjal-9251	468	22	-	-	PUNCT
cjal-9251	468	23	backed	back	VERB
cjal-9251	468	24	firms.140	firms.140	NOUN
cjal-9251	468	25	unlike	unlike	ADP
cjal-9251	468	26	the	the	DET
cjal-9251	468	27	main	main	ADJ
cjal-9251	468	28	boards	board	NOUN
cjal-9251	468	29	and	and	CCONJ
cjal-9251	468	30	chinext	chinext	NOUN
cjal-9251	468	31	,	,	PUNCT
cjal-9251	468	32	all	all	PRON
cjal-9251	468	33	of	of	ADP
cjal-9251	468	34	which	which	PRON
cjal-9251	468	35	emp	emp	NOUN
cjal-9251	468	36	loy	loy	PROPN
cjal-9251	468	37	the	the	DET
cjal-9251	468	38	merits	merit	NOUN
cjal-9251	468	39	-	-	PUNCT
cjal-9251	468	40	based	base	VERB
cjal-9251	468	41	approval	approval	NOUN
cjal-9251	468	42	system	system	NOUN
cjal-9251	468	43	for	for	ADP
cjal-9251	468	44	ipo	ipo	PROPN
cjal-9251	468	45	s	s	PROPN
cjal-9251	468	46	,	,	PUNCT
cjal-9251	468	47	the	the	DET
cjal-9251	468	48	neeq	neeq	NOUN
cjal-9251	468	49	uses	use	VERB
cjal-9251	468	50	the	the	DET
cjal-9251	468	51	filing	filing	NOUN
cjal-9251	468	52	system	system	NOUN
cjal-9251	468	53	,	,	PUNCT
cjal-9251	468	54	under	under	ADP
cjal-9251	468	55	which	which	PRON
cjal-9251	468	56	board	board	NOUN
cjal-9251	468	57	listings	listing	NOUN
cjal-9251	468	58	are	be	AUX
cjal-9251	468	59	not	not	PART
cjal-9251	468	60	sub	sub	ADJ
cjal-9251	468	61	ject	ject	PROPN
cjal-9251	468	62	to	to	ADP
cjal-9251	468	63	cs	cs	PROPN
cjal-9251	468	64	rc	rc	PROPN
cjal-9251	468	65	approvals	approval	NOUN
cjal-9251	468	66	.	.	PUNCT
cjal-9251	469	1	141	141	NUM
cjal-9251	469	2	such	such	DET
cjal-9251	469	3	a	a	DET
cjal-9251	469	4	filing	filing	NOUN
cjal-9251	469	5	system	system	NOUN
cjal-9251	469	6	involv	involv	NOUN
cjal-9251	469	7	es	es	ADP
cjal-9251	469	8	larg	larg	PROPN
cjal-9251	469	9	ely	ely	ADV
cjal-9251	469	10	reduced	reduce	VERB
cjal-9251	469	11	li	li	PROPN
cjal-9251	469	12	sting	sting	PROPN
cjal-9251	469	13	costs	cost	NOUN
cjal-9251	469	14	for	for	ADP
cjal-9251	469	15	the	the	DET
cjal-9251	469	16	applicants	applicant	NOUN
cjal-9251	469	17	.	.	PUNCT
cjal-9251	470	1	142	142	NUM
cjal-9251	470	2	moreover	moreover	ADV
cjal-9251	470	3	,	,	PUNCT
cjal-9251	470	4	th	th	X
cjal-9251	470	5	e	e	NOUN
cjal-9251	470	6	relatively	relatively	ADV
cjal-9251	470	7	low	low	ADJ
cjal-9251	470	8	listing	listing	NOUN
cjal-9251	470	9	requirements	requirement	NOUN
cjal-9251	470	10	and	and	CCONJ
cjal-9251	470	11	shorter	short	ADJ
cjal-9251	470	12	listing	listing	NOUN
cjal-9251	470	13	tim	tim	PROPN
cjal-9251	470	14	elines	eline	NOUN
cjal-9251	470	15	have	have	AUX
cjal-9251	470	16	gr	gr	PRON
cjal-9251	470	17	eatly	eatly	ADV
cjal-9251	470	18	expedited	expedite	VERB
cjal-9251	470	19	financing	financing	NOUN
cjal-9251	470	20	for	for	ADP
cjal-9251	470	21	smes	sme	NOUN
cjal-9251	470	22	and	and	CCONJ
cjal-9251	470	23	start	start	NOUN
cjal-9251	470	24	-	-	PUNCT
cjal-9251	470	25	ups	up	NOUN
cjal-9251	470	26	,	,	PUNCT
cjal-9251	470	27	especially	especially	ADV
cjal-9251	470	28	for	for	ADP
cjal-9251	470	29	the	the	DET
cjal-9251	470	30	companies	company	NOUN
cjal-9251	470	31	that	that	PRON
cjal-9251	470	32	were	be	AUX
cjal-9251	470	33	unable	unable	ADJ
cjal-9251	470	34	to	to	PART
cjal-9251	470	35	meet	meet	VERB
cjal-9251	470	36	the	the	DET
cjal-9251	470	37	listing	listing	NOUN
cjal-9251	470	38	standards	standard	NOUN
cjal-9251	470	39	of	of	ADP
cjal-9251	470	40	the	the	DET
cjal-9251	470	41	main	main	ADJ
cjal-9251	470	42	board	board	NOUN
cjal-9251	470	43	s	s	PART
cjal-9251	470	44	or	or	CCONJ
cjal-9251	470	45	chin	chin	PROPN
cjal-9251	470	46	ext	ext	PROPN
cjal-9251	470	47	.143	.143	NUM
cjal-9251	470	48	in	in	ADP
cjal-9251	470	49	the	the	DET
cjal-9251	470	50	year	year	NOUN
cjal-9251	470	51	2016	2016	NUM
cjal-9251	470	52	alone	alone	ADV
cjal-9251	470	53	,	,	PUNCT
cjal-9251	470	54	1230	1230	NUM
cjal-9251	470	55	vc	vc	NOUN
cjal-9251	470	56	-	-	PUNCT
cjal-9251	470	57	backed	back	VERB
cjal-9251	470	58	companies	company	NOUN
cjal-9251	470	59	were	be	AUX
cjal-9251	470	60	quo	quo	NOUN
cjal-9251	470	61	te	te	PROPN
cjal-9251	470	62	d	d	PROPN
cjal-9251	470	63	on	on	ADP
cjal-9251	470	64	the	the	DET
cjal-9251	470	65	neeq	neeq	NOUN
cjal-9251	470	66	,	,	PUNCT
cjal-9251	470	67	accounting	account	VERB
cjal-9251	470	68	for	for	ADP
cjal-9251	470	69	61.5	61.5	NUM
cjal-9251	470	70	%	%	NOUN
cjal-9251	470	71	of	of	ADP
cjal-9251	470	72	the	the	DET
cjal-9251	470	73	total	total	NOUN
cjal-9251	470	74	exits	exit	NOUN
cjal-9251	470	75	in	in	ADP
cjal-9251	470	76	2016	2016	NUM
cjal-9251	470	77	.	.	PUNCT
cjal-9251	471	1	144	144	NUM
cjal-9251	471	2	c.	c.	NOUN
cjal-9251	471	3	in	in	ADP
cjal-9251	471	4	vestment	vestment	NOUN
cjal-9251	471	5	vehicle	vehicle	NOUN
cjal-9251	471	6	in	in	ADP
cjal-9251	471	7	order	order	NOUN
cjal-9251	471	8	to	to	PART
cjal-9251	471	9	create	create	VERB
cjal-9251	471	10	the	the	DET
cjal-9251	471	11	right	right	PROPN
cjal-9251	471	12	inc	inc	PROPN
cjal-9251	471	13	entives	entive	NOUN
cjal-9251	471	14	for	for	ADP
cjal-9251	471	15	investment	investment	NOUN
cjal-9251	471	16	in	in	ADP
cjal-9251	471	17	attrac	attrac	NOUN
cjal-9251	471	18	tiv	tiv	PROPN
cjal-9251	471	19	e	e	PROPN
cjal-9251	471	20	technologies	technology	NOUN
cjal-9251	471	21	and	and	CCONJ
cjal-9251	471	22	businesses	business	NOUN
cjal-9251	471	23	,	,	PUNCT
cjal-9251	471	24	a	a	DET
cjal-9251	471	25	business	business	NOUN
cjal-9251	471	26	vehicle	vehicle	NOUN
cjal-9251	471	27	that	that	PRON
cjal-9251	471	28	appropriately	appropriately	ADV
cjal-9251	471	29	allocates	allocate	VERB
cjal-9251	471	30	legal	legal	ADJ
cjal-9251	471	31	rights	right	NOUN
cjal-9251	471	32	and	and	CCONJ
cjal-9251	471	33	obligations	obligation	NOUN
cjal-9251	471	34	mu	mu	PROPN
cjal-9251	471	35	st	st	PROPN
cjal-9251	471	36	be	be	AUX
cjal-9251	471	37	available	available	ADJ
cjal-9251	471	38	.	.	PUNCT
cjal-9251	472	1	the	the	DET
cjal-9251	472	2	limited	limited	ADJ
cjal-9251	472	3	partnership	partnership	NOUN
cjal-9251	472	4	has	have	AUX
cjal-9251	472	5	been	be	AUX
cjal-9251	472	6	the	the	DET
cjal-9251	472	7	predominant	predominant	ADJ
cjal-9251	472	8	vehicl	vehicl	NOUN
cjal-9251	472	9	e	e	NOUN
cjal-9251	472	10	for	for	ADP
cjal-9251	472	11	collecting	collect	VERB
cjal-9251	472	12	investment	investment	NOUN
cjal-9251	472	13	funds	fund	NOUN
cjal-9251	472	14	in	in	ADP
cjal-9251	472	15	the	the	DET
cjal-9251	472	16	u.s	u.s	PROPN
cjal-9251	472	17	.	.	PROPN
cjal-9251	472	18	since	since	SCONJ
cjal-9251	472	19	the	the	DET
cjal-9251	472	20	1970s	1970	NOUN
cjal-9251	472	21	.145	.145	NUM
cjal-9251	473	1	the	the	DET
cjal-9251	473	2	limi	limi	PROPN
cjal-9251	473	3	te	te	PROPN
cjal-9251	473	4	d	d	PROPN
cjal-9251	473	5	partnership	partnership	NOUN
cjal-9251	473	6	,	,	PUNCT
cjal-9251	473	7	managed	manage	VERB
cjal-9251	473	8	by	by	ADP
cjal-9251	473	9	a	a	DET
cjal-9251	473	10	venture	venture	NOUN
cjal-9251	473	11	capital	capital	NOUN
cjal-9251	473	12	firm	firm	NOUN
cjal-9251	473	13	,	,	PUNCT
cjal-9251	473	14	collects	collect	VERB
cjal-9251	473	15	and	and	CCONJ
cjal-9251	473	16	holds	hold	VERB
cjal-9251	473	17	fund	fund	NOUN
cjal-9251	473	18	s	s	PART
cjal-9251	473	19	for	for	ADP
cjal-9251	473	20	future	future	ADJ
cjal-9251	473	21	investment	investment	NOUN
cjal-9251	473	22	1~'zero2ipo	1~'zero2ipo	PROPN
cjal-9251	473	23	research	research	NOUN
cjal-9251	473	24	cente	cente	NOUN
cjal-9251	473	25	r	r	NOUN
cjal-9251	473	26	,	,	PUNCT
cjal-9251	473	27	supra	supra	ADJ
cjal-9251	473	28	note	note	NOUN
cjal-9251	473	29	20	20	NUM
cjal-9251	473	30	.	.	SYM
cjal-9251	473	31	136	136	NUM
cjal-9251	473	32	chinext	chinext	NOUN
cjal-9251	473	33	,	,	PUNCT
cjal-9251	473	34	china	china	PROPN
cjal-9251	473	35	's	's	PART
cjal-9251	473	36	nasdaq	nasdaq	NOUN
cjal-9251	473	37	,	,	PUNCT
cjal-9251	473	38	people	people	NOUN
cjal-9251	473	39	's	's	PART
cjal-9251	473	40	daily	daily	ADJ
cjal-9251	473	41	,	,	PUNCT
cjal-9251	473	42	http://bit.ly	http://bit.ly	PROPN
cjal-9251	473	43	/2t1thfom	/2t1thfom	NOUN
cjal-9251	473	44	.	.	PUNCT
cjal-9251	474	1	137	137	NUM
cjal-9251	474	2	lin	lin	PROPN
cjal-9251	474	3	,	,	PUNCT
cjal-9251	474	4	supra	supra	PROPN
cjal-9251	474	5	note	note	PROPN
cjal-9251	474	6	61	61	NUM
cjal-9251	474	7	,	,	PUNCT
cjal-9251	474	8	at	at	ADP
cjal-9251	474	9	17	17	NUM
cjal-9251	474	10	.	.	PUNCT
cjal-9251	475	1	138	138	NUM
cjal-9251	476	1	i	i	PRON
cjal-9251	476	2	d.	d.	PROPN
cjal-9251	476	3	100see	100see	PROPN
cjal-9251	476	4	zuo	zuo	PROPN
cjal-9251	476	5	yonggang	yonggang	PROPN
cjal-9251	476	6	(:	(:	PROPN
cjal-9251	476	7	ti:7l	ti:7l	X
cjal-9251	476	8	<	<	X
cjal-9251	476	9	fi<11j	fi<11j	NOUN
cjal-9251	476	10	)	)	PUNCT
cjal-9251	476	11	,	,	PUNCT
cjal-9251	476	12	chuangyeban	chuangyeban	NOUN
cjal-9251	476	13	wunian	wunian	PROPN
cjal-9251	476	14	vc	vc	PROPN
cjal-9251	476	15	/	/	SYM
cjal-9251	476	16	pe	pe	PROPN
cjal-9251	476	17	cheng	cheng	PROPN
cjal-9251	476	18	zuida	zuida	PROPN
cjal-9251	476	19	yingj	yingj	PROPN
cjal-9251	476	20	'	'	PUNCT
cjal-9251	476	21	(	(	PUNCT
cjal-9251	476	22	i~	i~	PROPN
cjal-9251	476	23	.ild&.n~	.ild&.n~	PROPN
cjal-9251	476	24	vc	vc	PROPN
cjal-9251	476	25	/	/	SYM
cjal-9251	476	26	pe	pe	X
cjal-9251	476	27	!	!	PUNCT
cjal-9251	476	28	ilgq1;;:aio	ilgq1;;:aio	PROPN
cjal-9251	477	1	[	[	X
cjal-9251	477	2	five	five	NUM
cjal-9251	477	3	years	year	NOUN
cjal-9251	477	4	of	of	ADP
cjal-9251	477	5	geb	geb	NOUN
cjal-9251	477	6	:	:	PUNCT
cjal-9251	477	7	vcipe	vcipe	NOUN
cjal-9251	477	8	is	be	AUX
cjal-9251	477	9	the	the	DET
cjal-9251	477	10	biggest	big	ADJ
cjal-9251	477	11	w·1	w·1	NOUN
cjal-9251	477	12	a	a	DET
cjal-9251	477	13	]	]	X
cjal-9251	477	14	zhengqu	zhengqu	PROPN
cjal-9251	477	15	~	~	PUNCT
cjal-9251	477	16	n	n	PRON
cjal-9251	477	17	ribao	ribao	VERB
cjal-9251	477	18	(	(	PUNCT
cjal-9251	477	19	ii£	ii£	NOUN
cjal-9251	477	20	#	#	NOUN
cjal-9251	477	21	811i	811i	NUM
cjal-9251	477	22	)	)	PUNCT
cjal-9251	478	1	[	[	X
cjal-9251	478	2	securities	security	NOUN
cjal-9251	478	3	d	d	NOUN
cjal-9251	478	4	aily	aily	ADV
cjal-9251	478	5	]	]	X
cjal-9251	478	6	(	(	PUNCT
cjal-9251	478	7	oct	oct	PROPN
cjal-9251	478	8	.	.	PROPN
cjal-9251	478	9	23	23	NUM
cjal-9251	478	10	,	,	PUNCT
cjal-9251	478	11	2014	2014	NUM
cjal-9251	478	12	)	)	PUNCT
cjal-9251	478	13	,	,	PUNCT
cjal-9251	478	14	http	http	ADV
cjal-9251	478	15	:	:	PUNCT
cjal-9251	478	16	//bit.ly/	//bit.ly/	PUNCT
cjal-9251	478	17	2tzmt;;;ier	2tzmt;;;ier	NUM
cjal-9251	478	18	'	'	NUM
cjal-9251	478	19	1	1	NUM
cjal-9251	478	20	'	'	NOUN
cjal-9251	478	21	°	°	NUM
cjal-9251	478	22	lm	lm	PROPN
cjal-9251	478	23	,	,	PUNCT
cjal-9251	478	24	supra	supra	PROPN
cjal-9251	478	25	note	note	NOUN
cjal-9251	478	26	61	61	NUM
cjal-9251	478	27	,	,	PUNCT
cjal-9251	478	28	at	at	ADP
cjal-9251	478	29	24	24	NUM
cjal-9251	478	30	.	.	PUNCT
cjal-9251	478	31	·	·	PUNCT
cjal-9251	479	1	hi	hi	INTJ
cjal-9251	480	1	i	i	PRON
cjal-9251	480	2	d.	d.	PROPN
cjal-9251	480	3	1,2	1,2	NUM
cjal-9251	480	4	i	i	PROPN
cjal-9251	480	5	d.	d.	PROPN
cjal-9251	480	6	11s	11s	PROPN
cjal-9251	480	7	i	i	PRON
cjal-9251	480	8	d.	d.	PROPN
cjal-9251	480	9	141	141	NUM
cjal-9251	480	10	zero2ipo	zero2ipo	PROPN
cjal-9251	480	11	research	research	NOUN
cjal-9251	480	12	center	center	NOUN
cjal-9251	480	13	supra	supra	PROPN
cjal-9251	480	14	note	note	NOUN
cjal-9251	480	15	20	20	NUM
cjal-9251	480	16	for	for	ADP
cjal-9251	480	17	f	f	PROPN
cjal-9251	480	18	th	th	X
cjal-9251	480	19	·	·	PUNCT
cjal-9251	480	20	,	,	PUNCT
cjal-9251	480	21	.	.	PUNCT
cjal-9251	480	22	·	·	PUNCT
cjal-9251	481	1	i	i	PRON
cjal-9251	481	2	·	·	PUNCT
cjal-9251	481	3	b	b	X
cjal-9251	481	4	h	h	NOUN
cjal-9251	481	5	'	'	PUNCT
cjal-9251	481	6	·	·	PUNCT
cjal-9251	481	7	ur	ur	INTJ
cjal-9251	481	8	er	er	INTJ
cjal-9251	481	9	m	m	PROPN
cjal-9251	481	10	,	,	PUNCT
cjal-9251	481	11	ormahon	ormahon	ADJ
cjal-9251	481	12	on	on	ADP
cjal-9251	481	13	the	the	DET
cjal-9251	481	14	corre	corre	PROPN
cjal-9251	481	15	at1on	at1on	PROPN
cjal-9251	481	16	etween	etween	VERB
cjal-9251	481	17	t	t	PROPN
cjal-9251	481	18	e	e	NOUN
cjal-9251	481	19	stoc	stoc	NOUN
cjal-9251	481	20	k	k	PROPN
cjal-9251	481	21	mark	mark	PROPN
cjal-9251	481	22	et	et	PROPN
cjal-9251	481	23	and	and	CCONJ
cjal-9251	481	24	the	the	DET
cjal-9251	481	25	vc	vc	PROPN
cjal-9251	481	26	market	market	NOUN
cjal-9251	481	27	in	in	ADP
cjal-9251	481	28	chi	chi	PROPN
cjal-9251	481	29	lin	lin	PROPN
cjal-9251	481	30	at	at	ADP
cjal-9251	481	31	17	17	NUM
cjal-9251	481	32	.	.	PUNCT
cjal-9251	482	1	na	na	AUX
cjal-9251	482	2	,	,	PUNCT
cjal-9251	482	3	see	see	VERB
cjal-9251	482	4	,	,	PUNCT
cjal-9251	482	5	supra	supra	PROPN
cjal-9251	482	6	note	note	PROPN
cjal-9251	482	7	61	61	NUM
cjal-9251	482	8	,	,	PUNCT
cjal-9251	482	9	14	14	NUM
cjal-9251	482	10	'	'	PART
cjal-9251	482	11	see	see	PROPN
cjal-9251	482	12	lerner	lerner	PROPN
cjal-9251	482	13	,	,	PUNCT
cjal-9251	482	14	sup	sup	NOUN
cjal-9251	482	15	ra	ra	NOUN
cjal-9251	482	16	note	note	NOUN
cjal-9251	482	17	5	5	NUM
cjal-9251	482	18	,	,	PUNCT
cjal-9251	482	19	at	at	ADP
cjal-9251	482	20	10	10	NUM
cjal-9251	482	21	.	.	PUNCT
cjal-9251	482	22	2017	2017	NUM
cjal-9251	482	23	]	]	PUNCT
cjal-9251	482	24	engtneering	engtneere	VERB
cjal-9251	482	25	a	a	DET
cjal-9251	482	26	venture	venture	NOUN
cjal-9251	482	27	capital	capital	NOUN
cjal-9251	482	28	market	market	NOUN
cjal-9251	482	29	181	181	NUM
cjal-9251	482	30	and	and	CCONJ
cjal-9251	482	31	the	the	DET
cjal-9251	482	32	shares	share	NOUN
cjal-9251	482	33	of	of	ADP
cjal-9251	482	34	start	start	NOUN
cjal-9251	482	35	-	-	PUNCT
cjal-9251	482	36	ups	up	NOUN
cjal-9251	482	37	in	in	ADP
cjal-9251	482	38	which	which	PRON
cjal-9251	482	39	it	it	PRON
cjal-9251	482	40	has	have	AUX
cjal-9251	482	41	invested	invest	VERB
cjal-9251	482	42	.	.	PUNCT
cjal-9251	483	1	in	in	ADP
cjal-9251	483	2	recent	recent	ADJ
cjal-9251	483	3	years	year	NOUN
cjal-9251	483	4	,	,	PUNCT
cjal-9251	483	5	a	a	DET
cjal-9251	483	6	number	number	NOUN
cjal-9251	483	7	of	of	ADP
cjal-9251	483	8	jurisdictions	jurisdiction	NOUN
cjal-9251	483	9	,	,	PUNCT
cjal-9251	483	10	including	include	VERB
cjal-9251	483	11	singapore	singapore	PROPN
cjal-9251	483	12	,	,	PUNCT
cjal-9251	483	13	146	146	NUM
cjal-9251	483	14	new	new	PROPN
cjal-9251	483	15	zealand	zealand	PROPN
cjal-9251	483	16	,	,	PUNCT
cjal-9251	483	17	141	141	NUM
cjal-9251	483	18	taiwan	taiwan	PROPN
cjal-9251	483	19	,	,	PUNCT
cjal-9251	483	20	148	148	NUM
cjal-9251	483	21	japan	japan	NOUN
cjal-9251	483	22	,	,	PUNCT
cjal-9251	483	23	149	149	NUM
cjal-9251	483	24	and	and	CCONJ
cjal-9251	483	25	switzerland	switzerland	PROPN
cjal-9251	483	26	,	,	PUNCT
cjal-9251	483	27	150	150	NUM
cjal-9251	483	28	have	have	AUX
cjal-9251	483	29	introduced	introduce	VERB
cjal-9251	483	30	the	the	DET
cjal-9251	483	31	limited	limited	ADJ
cjal-9251	483	32	partnership	partnership	NOUN
cjal-9251	483	33	into	into	ADP
cjal-9251	483	34	their	their	PRON
cjal-9251	483	35	business	business	NOUN
cjal-9251	483	36	menus	menu	NOUN
cjal-9251	483	37	to	to	PART
cjal-9251	483	38	attract	attract	VERB
cjal-9251	483	39	more	more	ADJ
cjal-9251	483	40	equity	equity	NOUN
cjal-9251	483	41	investment	investment	NOUN
cjal-9251	483	42	in	in	ADP
cjal-9251	483	43	their	their	PRON
cjal-9251	483	44	regions	region	NOUN
cjal-9251	483	45	.	.	PUNCT
cjal-9251	484	1	other	other	ADJ
cjal-9251	484	2	jurisdictions	jurisdiction	NOUN
cjal-9251	484	3	that	that	PRON
cjal-9251	484	4	already	already	ADV
cjal-9251	484	5	have	have	VERB
cjal-9251	484	6	the	the	DET
cjal-9251	484	7	limited	limited	ADJ
cjal-9251	484	8	partnership	partnership	NOUN
cjal-9251	484	9	vehicle	vehicle	NOUN
cjal-9251	484	10	,	,	PUNCT
cjal-9251	484	11	such	such	ADJ
cjal-9251	484	12	as	as	ADP
cjal-9251	484	13	the	the	DET
cjal-9251	484	14	united	united	PROPN
cjal-9251	484	15	kingdom	kingdom	PROPN
cjal-9251	484	16	151	151	NUM
cjal-9251	484	17	and	and	CCONJ
cjal-9251	484	18	australia	australia	PROPN
cjal-9251	484	19	,	,	PUNCT
cjal-9251	484	20	152	152	NUM
cjal-9251	484	21	have	have	AUX
cjal-9251	484	22	also	also	ADV
cjal-9251	484	23	recently	recently	ADV
cjal-9251	484	24	amended	amend	VERB
cjal-9251	484	25	their	their	PRON
cjal-9251	484	26	limited	limited	ADJ
cjal-9251	484	27	partnership	partnership	NOUN
cjal-9251	484	28	regimes	regime	NOUN
cjal-9251	484	29	in	in	ADP
cjal-9251	484	30	order	order	NOUN
cjal-9251	484	31	to	to	PART
cjal-9251	484	32	encourage	encourage	VERB
cjal-9251	484	33	the	the	DET
cjal-9251	484	34	growth	growth	NOUN
cjal-9251	484	35	of	of	ADP
cjal-9251	484	36	vc	vc	PROPN
cjal-9251	484	37	investment	investment	NOUN
cjal-9251	484	38	.	.	PUNCT
cjal-9251	485	1	the	the	DET
cjal-9251	485	2	central	central	ADJ
cjal-9251	485	3	concept	concept	NOUN
cjal-9251	485	4	characterizing	characterize	VERB
cjal-9251	485	5	the	the	DET
cjal-9251	485	6	limited	limited	ADJ
cjal-9251	485	7	partnership	partnership	NOUN
cjal-9251	485	8	is	be	AUX
cjal-9251	485	9	that	that	SCONJ
cjal-9251	485	10	there	there	PRON
cjal-9251	485	11	are	be	VERB
cjal-9251	485	12	two	two	NUM
cjal-9251	485	13	types	type	NOUN
cjal-9251	485	14	of	of	ADP
cjal-9251	485	15	partners	partner	NOUN
cjal-9251	485	16	.	.	PUNCT
cjal-9251	486	1	lps	lps	PROPN
cjal-9251	486	2	who	who	PRON
cjal-9251	486	3	make	make	VERB
cjal-9251	486	4	capital	capital	NOUN
cjal-9251	486	5	contributions	contribution	NOUN
cjal-9251	486	6	to	to	ADP
cjal-9251	486	7	the	the	DET
cjal-9251	486	8	firm	firm	NOUN
cjal-9251	486	9	enjoy	enjoy	VERB
cjal-9251	486	10	a	a	DET
cjal-9251	486	11	limited	limited	ADJ
cjal-9251	486	12	liability	liability	NOUN
cjal-9251	486	13	shield	shield	NOUN
cjal-9251	486	14	and	and	CCONJ
cjal-9251	486	15	have	have	VERB
cjal-9251	486	16	no	no	DET
cjal-9251	486	17	right	right	NOUN
cjal-9251	486	18	to	to	PART
cjal-9251	486	19	participate	participate	VERB
cjal-9251	486	20	in	in	ADP
cjal-9251	486	21	its	its	PRON
cjal-9251	486	22	management	management	NOUN
cjal-9251	486	23	,	,	PUNCT
cjal-9251	486	24	whereas	whereas	SCONJ
cjal-9251	486	25	gps	gps	NOUN
cjal-9251	486	26	have	have	VERB
cjal-9251	486	27	the	the	DET
cjal-9251	486	28	right	right	NOUN
cjal-9251	486	29	to	to	PART
cjal-9251	486	30	manage	manage	VERB
cjal-9251	486	31	the	the	DET
cjal-9251	486	32	firm	firm	NOUN
cjal-9251	486	33	and	and	CCONJ
cjal-9251	486	34	bear	bear	VERB
cjal-9251	486	35	unlimited	unlimited	ADJ
cjal-9251	486	36	liability	liability	NOUN
cjal-9251	486	37	for	for	ADP
cjal-9251	486	38	the	the	DET
cjal-9251	486	39	debts	debt	NOUN
cjal-9251	486	40	and	and	CCONJ
cjal-9251	486	41	obligation	obligation	NOUN
cjal-9251	486	42	of	of	ADP
cjal-9251	486	43	the	the	DET
cjal-9251	486	44	firm	firm	NOUN
cjal-9251	486	45	.	.	PUNCT
cjal-9251	487	1	153	153	NUM
cjal-9251	487	2	the	the	DET
cjal-9251	487	3	combination	combination	NOUN
cjal-9251	487	4	of	of	ADP
cjal-9251	487	5	limited	limited	ADJ
cjal-9251	487	6	liability	liability	NOUN
cjal-9251	487	7	and	and	CCONJ
cjal-9251	487	8	general	general	ADJ
cjal-9251	487	9	liability	liability	NOUN
cjal-9251	487	10	,	,	PUNCT
cjal-9251	487	11	and	and	CCONJ
cjal-9251	487	12	the	the	DET
cjal-9251	487	13	prohibition	prohibition	NOUN
cjal-9251	487	14	of	of	ADP
cjal-9251	487	15	lps	lps	PROPN
cjal-9251	487	16	to	to	PART
cjal-9251	487	17	take	take	VERB
cjal-9251	487	18	part	part	NOUN
cjal-9251	487	19	in	in	ADP
cjal-9251	487	20	the	the	DET
cjal-9251	487	21	management	management	NOUN
cjal-9251	487	22	of	of	ADP
cjal-9251	487	23	the	the	DET
cjal-9251	487	24	firm	firm	NOUN
cjal-9251	487	25	,	,	PUNCT
cjal-9251	487	26	is	be	AUX
cjal-9251	487	27	particularly	particularly	ADV
cjal-9251	487	28	attractive	attractive	ADJ
cjal-9251	487	29	to	to	ADP
cjal-9251	487	30	investors	investor	NOUN
cjal-9251	487	31	who	who	PRON
cjal-9251	487	32	want	want	VERB
cjal-9251	487	33	to	to	PART
cjal-9251	487	34	delegate	delegate	VERB
cjal-9251	487	35	management	management	NOUN
cjal-9251	487	36	of	of	ADP
cjal-9251	487	37	their	their	PRON
cjal-9251	487	38	funds	fund	NOUN
cjal-9251	487	39	to	to	ADP
cjal-9251	487	40	professional	professional	ADJ
cjal-9251	487	41	venture	venture	NOUN
cjal-9251	487	42	capitalists	capitalist	NOUN
cjal-9251	487	43	.	.	PUNCT
cjal-9251	488	1	154	154	NUM
cjal-9251	488	2	the	the	DET
cjal-9251	488	3	limited	limited	ADJ
cjal-9251	488	4	partnership	partnership	NOUN
cjal-9251	488	5	is	be	AUX
cjal-9251	488	6	governed	govern	VERB
cjal-9251	488	7	by	by	ADP
cjal-9251	488	8	a	a	DET
cjal-9251	488	9	partnership	partnership	NOUN
cjal-9251	488	10	agreement	agreement	NOUN
cjal-9251	488	11	that	that	PRON
cjal-9251	488	12	offers	offer	VERB
cjal-9251	488	13	flexibility	flexibility	NOUN
cjal-9251	488	14	for	for	SCONJ
cjal-9251	488	15	the	the	DET
cjal-9251	488	16	partners	partner	NOUN
cjal-9251	488	17	to	to	PART
cjal-9251	488	18	customize	customize	VERB
cjal-9251	488	19	terms	term	NOUN
cjal-9251	488	20	to	to	PART
cjal-9251	488	21	align	align	VERB
cjal-9251	488	22	the	the	DET
cjal-9251	488	23	interests	interest	NOUN
cjal-9251	488	24	of	of	ADP
cjal-9251	488	25	the	the	DET
cjal-9251	488	26	investors	investor	NOUN
cjal-9251	488	27	and	and	CCONJ
cjal-9251	488	28	the	the	DET
cjal-9251	488	29	venture	venture	NOUN
cjal-9251	488	30	capitalists.1ss	capitalists.1ss	INTJ
cjal-9251	488	31	further	far	ADV
cjal-9251	488	32	,	,	PUNCT
cjal-9251	488	33	as	as	SCONJ
cjal-9251	488	34	compared	compare	VERB
cjal-9251	488	35	to	to	ADP
cjal-9251	488	36	companies	company	NOUN
cjal-9251	488	37	,	,	PUNCT
cjal-9251	488	38	limited	limited	ADJ
cjal-9251	488	39	partnerships	partnership	NOUN
cjal-9251	488	40	enjoy	enjoy	VERB
cjal-9251	488	41	a	a	DET
cjal-9251	488	42	greater	great	ADJ
cjal-9251	488	43	degree	degree	NOUN
cjal-9251	488	44	of	of	ADP
cjal-9251	488	45	confidentiality	confidentiality	NOUN
cjal-9251	488	46	over	over	ADP
cjal-9251	488	47	their	their	PRON
cjal-9251	488	48	financial	financial	ADJ
cjal-9251	488	49	information	information	NOUN
cjal-9251	488	50	-	-	PUNCT
cjal-9251	488	51	an	an	DET
cjal-9251	488	52	attractive	attractive	ADJ
cjal-9251	488	53	feature	feature	NOUN
cjal-9251	488	54	for	for	ADP
cjal-9251	488	55	investors	investor	NOUN
cjal-9251	488	56	who	who	PRON
cjal-9251	488	57	do	do	AUX
cjal-9251	488	58	not	not	PART
cjal-9251	488	59	wish	wish	VERB
cjal-9251	488	60	to	to	PART
cjal-9251	488	61	disclose	disclose	VERB
cjal-9251	488	62	their	their	PRON
cjal-9251	488	63	11s	11	NOUN
cjal-9251	488	64	singapore	singapore	PROPN
cjal-9251	488	65	limited	limit	VERB
cjal-9251	488	66	partnerships	partnership	NOUN
cjal-9251	488	67	act	act	PROPN
cjal-9251	488	68	2008	2008	NUM
cjal-9251	488	69	(	(	PUNCT
cjal-9251	488	70	cap	cap	NOUN
cjal-9251	488	71	.	.	PUNCT
cjal-9251	489	1	163b	163b	PROPN
cjal-9251	489	2	)	)	PUNCT
cjal-9251	489	3	.	.	PUNCT
cjal-9251	490	1	the	the	DET
cjal-9251	490	2	act	act	NOUN
cjal-9251	490	3	came	come	VERB
cjal-9251	490	4	int	int	NOUN
cjal-9251	490	5	o	o	NOUN
cjal-9251	490	6	operation	operation	NOUN
cjal-9251	490	7	on	on	ADP
cjal-9251	490	8	may	may	PROPN
cjal-9251	490	9	4	4	NUM
cjal-9251	490	10	,	,	PUNCT
cjal-9251	490	11	2009	2009	NUM
cjal-9251	490	12	.	.	PUNCT
cjal-9251	491	1	i	i	PRON
cjal-9251	491	2	d.	d.	PROPN
cjal-9251	491	3	117	117	NUM
cjal-9251	491	4	limited	limit	VERB
cjal-9251	491	5	partnerships	partnership	NOUN
cjal-9251	491	6	act	act	PROPN
cjal-9251	491	7	2008	2008	NUM
cjal-9251	491	8	(	(	PUNCT
cjal-9251	491	9	n.z	n.z	PROPN
cjal-9251	491	10	.	.	PROPN
cjal-9251	491	11	)	)	PUNCT
cjal-9251	491	12	.	.	PUNCT
cjal-9251	492	1	the	the	DET
cjal-9251	492	2	act	act	NOUN
cjal-9251	492	3	came	come	VERB
cjal-9251	492	4	into	into	ADP
cjal-9251	492	5	force	force	NOUN
cjal-9251	492	6	on	on	ADP
cjal-9251	492	7	may	may	PROPN
cjal-9251	492	8	2	2	NUM
cjal-9251	492	9	,	,	PUNCT
cjal-9251	492	10	2008	2008	NUM
cjal-9251	492	11	.	.	PUNCT
cjal-9251	493	1	i	i	PRON
cjal-9251	493	2	d.	d.	PROPN
cjal-9251	493	3	at	at	ADP
cjal-9251	493	4	s.	s.	PROPN
cjal-9251	493	5	2	2	NUM
cjal-9251	493	6	.	.	PROPN
cjal-9251	493	7	118	118	NUM
cjal-9251	493	8	taiwan	taiwan	PROPN
cjal-9251	493	9	's	's	PART
cjal-9251	493	10	limited	limited	ADJ
cjal-9251	493	11	partnership	partnership	NOUN
cjal-9251	493	12	law	law	NOUN
cjal-9251	493	13	was	be	AUX
cjal-9251	493	14	passed	pass	VERB
cjal-9251	493	15	on	on	ADP
cjal-9251	493	16	june	june	PROPN
cjal-9251	493	17	24	24	NUM
cjal-9251	493	18	,	,	PUNCT
cjal-9251	493	19	2015	2015	NUM
cjal-9251	493	20	.	.	PUNCT
cjal-9251	494	1	youxian	youxian	ADJ
cjal-9251	494	2	hehuo	hehuo	NOUN
cjal-9251	494	3	fa	fa	PROPN
cjal-9251	494	4	(	(	PUNCT
cjal-9251	494	5	~ll&itl3?1	~ll&itl3?1	X
cjal-9251	494	6	)	)	PUNCT
cjal-9251	495	1	[	[	X
cjal-9251	495	2	limited	limited	ADJ
cjal-9251	495	3	partnership	partnership	NOUN
cjal-9251	495	4	law	law	NOUN
cjal-9251	495	5	)	)	PUNCT
cjal-9251	495	6	(	(	PUNCT
cjal-9251	495	7	taiwan	taiwan	PROPN
cjal-9251	495	8	)	)	PUNCT
cjal-9251	495	9	.	.	PUNCT
cjal-9251	496	1	149	149	NUM
cjal-9251	496	2	toshi	toshi	PROPN
cjal-9251	496	3	jigyo	jigyo	PROPN
cjal-9251	496	4	yiigen	yiigen	PROPN
cjal-9251	496	5	sekinin	sekinin	PROPN
cjal-9251	496	6	kumiai	kumiai	PROPN
cjal-9251	497	1	keiyaku	keiyaku	PROPN
cjal-9251	497	2	ni	ni	PROPN
cjal-9251	497	3	kansuru	kansuru	PROPN
cjal-9251	497	4	horitsu	horitsu	PROPN
cjal-9251	497	5	[	[	X
cjal-9251	497	6	limited	limited	ADJ
cjal-9251	497	7	partnership	partnership	NOUN
cjal-9251	497	8	act	act	NOUN
cjal-9251	497	9	for	for	ADP
cjal-9251	497	10	investment	investment	NOUN
cjal-9251	497	11	]	]	PUNCT
cjal-9251	497	12	,	,	PUNCT
cjal-9251	497	13	law	law	NOUN
cjal-9251	497	14	no	no	NOUN
cjal-9251	497	15	.	.	PROPN
cjal-9251	498	1	90	90	NUM
cjal-9251	498	2	of	of	ADP
cjal-9251	498	3	1998	1998	NUM
cjal-9251	498	4	(	(	PUNCT
cjal-9251	498	5	japan	japan	PROPN
cjal-9251	498	6	)	)	PUNCT
cjal-9251	498	7	.	.	PUNCT
cjal-9251	499	1	150	150	NUM
cjal-9251	499	2	a	a	DET
cjal-9251	499	3	special	special	ADJ
cjal-9251	499	4	form	form	NOUN
cjal-9251	499	5	of	of	ADP
cjal-9251	499	6	limited	limited	ADJ
cjal-9251	499	7	partnership	partnership	NOUN
cjal-9251	499	8	,	,	PUNCT
cjal-9251	499	9	designed	design	VERB
cjal-9251	499	10	for	for	ADP
cjal-9251	499	11	collective	collective	ADJ
cjal-9251	499	12	investments	investment	NOUN
cjal-9251	499	13	in	in	ADP
cjal-9251	499	14	alternative	alternative	ADJ
cjal-9251	499	15	investment	investment	NOUN
cjal-9251	499	16	area	area	NOUN
cjal-9251	499	17	,	,	PUNCT
cjal-9251	499	18	was	be	AUX
cjal-9251	499	19	introduced	introduce	VERB
cjal-9251	499	20	into	into	ADP
cjal-9251	499	21	swiss	swiss	ADJ
cjal-9251	499	22	law	law	NOUN
cjal-9251	499	23	in	in	ADP
cjal-9251	499	24	2007	2007	NUM
cjal-9251	499	25	.	.	PUNCT
cjal-9251	500	1	see	see	VERB
cjal-9251	500	2	hannes	hannes	PROPN
cjal-9251	500	3	glau	glau	PROPN
cjal-9251	500	4	s	s	PART
cjal-9251	500	5	,	,	PUNCT
cjal-9251	500	6	new	new	ADJ
cjal-9251	500	7	partnership	partnership	NOUN
cjal-9251	500	8	,	,	PUNCT
cjal-9251	500	9	int'l	int'l	NOUN
cjal-9251	500	10	.	.	PUNCT
cjal-9251	501	1	fin	fin	NOUN
cjal-9251	501	2	.	.	PUNCT
cjal-9251	502	1	l.	l.	PROPN
cjal-9251	502	2	rev	rev	PROPN
cjal-9251	502	3	.	.	PROPN
cjal-9251	502	4	,	,	PUNCT
cjal-9251	502	5	june	june	PROPN
cjal-9251	502	6	2007	2007	NUM
cjal-9251	502	7	,	,	PUNCT
cjal-9251	502	8	at	at	ADP
cjal-9251	502	9	54	54	NUM
cjal-9251	502	10	,	,	PUNCT
cjal-9251	502	11	54	54	NUM
cjal-9251	502	12	.	.	PUNCT
cjal-9251	503	1	16	16	NUM
cjal-9251	503	2	1	1	NUM
cjal-9251	503	3	the	the	DET
cjal-9251	503	4	british	british	ADJ
cjal-9251	503	5	government	government	NOUN
cjal-9251	503	6	announced	announce	VERB
cjal-9251	503	7	in	in	ADP
cjal-9251	503	8	2006	2006	NUM
cjal-9251	503	9	that	that	SCONJ
cjal-9251	503	10	it	it	PRON
cjal-9251	503	11	would	would	AUX
cjal-9251	503	12	reform	reform	VERB
cjal-9251	503	13	the	the	DET
cjal-9251	503	14	limited	limited	PROPN
cjal-9251	503	15	partnership	partnership	PROPN
cjal-9251	503	16	act	act	PROPN
cjal-9251	503	17	1907	1907	NUM
cjal-9251	503	18	to	to	PART
cjal-9251	503	19	clarify	clarify	VERB
cjal-9251	503	20	and	and	CCONJ
cjal-9251	503	21	modernize	modernize	VERB
cjal-9251	503	22	the	the	DET
cjal-9251	503	23	law	law	NOUN
cjal-9251	503	24	relating	relate	VERB
cjal-9251	503	25	to	to	ADP
cjal-9251	503	26	limited	limited	ADJ
cjal-9251	503	27	partnerships	partnership	NOUN
cjal-9251	503	28	.	.	PUNCT
cjal-9251	504	1	certain	certain	ADJ
cjal-9251	504	2	changes	change	NOUN
cjal-9251	504	3	based	base	VERB
cjal-9251	504	4	on	on	ADP
cjal-9251	504	5	these	these	DET
cjal-9251	504	6	recommendations	recommendation	NOUN
cjal-9251	504	7	were	be	AUX
cjal-9251	504	8	brought	bring	VERB
cjal-9251	504	9	forward	forward	ADV
cjal-9251	504	10	in	in	ADP
cjal-9251	504	11	a	a	DET
cjal-9251	504	12	legislative	legislative	ADJ
cjal-9251	504	13	reform	reform	NOUN
cjal-9251	504	14	order	order	NOUN
cjal-9251	504	15	(	(	PUNCT
cjal-9251	504	16	lro	lro	PROPN
cjal-9251	504	17	)	)	PUNCT
cjal-9251	504	18	in	in	ADP
cjal-9251	504	19	june	june	PROPN
cjal-9251	504	20	2009	2009	NUM
cjal-9251	504	21	.	.	PUNCT
cjal-9251	505	1	1s2	1s2	NUM
cjal-9251	505	2	in	in	ADP
cjal-9251	505	3	2007	2007	NUM
cjal-9251	505	4	,	,	PUNCT
cjal-9251	505	5	a	a	DET
cjal-9251	505	6	tax	tax	NOUN
cjal-9251	505	7	laws	law	NOUN
cjal-9251	505	8	amendment	amendment	NOUN
cjal-9251	505	9	(	(	PUNCT
cjal-9251	505	10	2007	2007	NUM
cjal-9251	505	11	measures	measure	VERB
cjal-9251	505	12	no	no	NOUN
cjal-9251	505	13	.	.	NOUN
cjal-9251	505	14	2	2	NUM
cjal-9251	505	15	)	)	PUNCT
cjal-9251	505	16	bill	bill	NOUN
cjal-9251	505	17	was	be	AUX
cjal-9251	505	18	introduced	introduce	VERB
cjal-9251	505	19	to	to	ADP
cjal-9251	505	20	australia	australia	PROPN
cjal-9251	505	21	in	in	ADP
cjal-9251	505	22	order	order	NOUN
cjal-9251	505	23	to	to	PART
cjal-9251	505	24	relax	relax	VERB
cjal-9251	505	25	the	the	DET
cjal-9251	505	26	eligib	eligib	NOUN
cjal-9251	505	27	ilit	ilit	VERB
cjal-9251	505	28	y	y	PROPN
cjal-9251	505	29	requirements	requirement	NOUN
cjal-9251	505	30	for	for	ADP
cjal-9251	505	31	foreign	foreign	ADJ
cjal-9251	505	32	residents	resident	NOUN
cjal-9251	505	33	investing	invest	VERB
cjal-9251	505	34	in	in	ADP
cjal-9251	505	35	vc	vc	PROPN
cjal-9251	505	36	lps	lps	PROPN
cjal-9251	505	37	and	and	CCONJ
cjal-9251	505	38	australian	australian	ADJ
cjal-9251	505	39	vc	vc	PROPN
cjal-9251	505	40	funds	fund	NOUN
cjal-9251	505	41	.	.	PUNCT
cjal-9251	506	1	see	see	VERB
cjal-9251	506	2	press	press	NOUN
cjal-9251	506	3	release	release	NOUN
cjal-9251	506	4	,	,	PUNCT
cjal-9251	506	5	minister	minister	NOUN
cjal-9251	506	6	for	for	ADP
cjal-9251	506	7	revenue	revenue	NOUN
cjal-9251	506	8	and	and	CCONJ
cjal-9251	506	9	the	the	DET
cjal-9251	506	10	assis"tant	assis"tant	ADJ
cjal-9251	506	11	treasurer	treasurer	NOUN
cjal-9251	506	12	,	,	PUNCT
cjal-9251	506	13	government	government	NOUN
cjal-9251	506	14	to	to	PART
cjal-9251	506	15	make	make	VERB
cjal-9251	506	16	further	further	ADJ
cjal-9251	506	17	improvements	improvement	NOUN
cjal-9251	506	18	to	to	ADP
cjal-9251	506	19	the	the	DET
cjal-9251	506	20	tax	tax	NOUN
cjal-9251	506	21	system	system	NOUN
cjal-9251	506	22	(	(	PUNCT
cjal-9251	506	23	mar	mar	PROPN
cjal-9251	506	24	.	.	PROPN
cjal-9251	506	25	29	29	NUM
cjal-9251	506	26	,	,	PUNCT
cjal-9251	506	27	2007	2007	NUM
cjal-9251	506	28	)	)	PUNCT
cjal-9251	506	29	available	available	ADJ
cjal-9251	506	30	at	at	ADP
cjal-9251	506	31	http://bit.ly/2t23olq	http://bit.ly/2t23olq	NOUN
cjal-9251	506	32	.	.	PUNCT
cjal-9251	507	1	16	16	NUM
cjal-9251	507	2	-	-	SYM
cjal-9251	507	3	1	1	NUM
cjal-9251	507	4	see	see	NOUN
cjal-9251	507	5	,	,	PUNCT
cjal-9251	507	6	e.g.	e.g.	ADV
cjal-9251	507	7	,	,	PUNCT
cjal-9251	507	8	del	del	PROPN
cjal-9251	507	9	.	.	PROPN
cjal-9251	507	10	code	code	PROPN
cjal-9251	507	11	ann	ann	PROPN
cjal-9251	507	12	.	.	PUNCT
cjal-9251	508	1	tit	tit	PROPN
cjal-9251	508	2	.	.	PROPN
cjal-9251	509	1	6	6	NUM
cjal-9251	509	2	,	,	PUNCT
cjal-9251	509	3	§	§	NOUN
cjal-9251	509	4	17	17	NUM
cjal-9251	509	5	-	-	SYM
cjal-9251	509	6	101	101	NUM
cjal-9251	509	7	et	et	NOUN
cjal-9251	509	8	seq	seq	PROPN
cjal-9251	509	9	,	,	PUNCT
cjal-9251	509	10	(	(	PUNCT
cjal-9251	509	11	west	west	NOUN
cjal-9251	509	12	2010	2010	NUM
cjal-9251	509	13	)	)	PUNCT
cjal-9251	509	14	;	;	PUNCT
cjal-9251	509	15	singapore	singapore	PROPN
cjal-9251	509	16	limited	limit	VERB
cjal-9251	509	17	partnerships	partnership	NOUN
cjal-9251	509	18	act	act	PROPN
cjal-9251	509	19	2008	2008	NUM
cjal-9251	509	20	(	(	PUNCT
cjal-9251	509	21	cap	cap	NOUN
cjal-9251	509	22	.	.	PUNCT
cjal-9251	510	1	163b	163b	PROPN
cjal-9251	510	2	)	)	PUNCT
cjal-9251	511	1	,	,	PUNCT
cjal-9251	511	2	s	s	VERB
cjal-9251	511	3	6	6	NUM
cjal-9251	511	4	;	;	PUNCT
cjal-9251	511	5	limited	limit	VERB
cjal-9251	511	6	partnerships	partnership	NOUN
cjal-9251	511	7	act	act	VERB
cjal-9251	511	8	2008	2008	NUM
cjal-9251	511	9	,	,	PUNCT
cjal-9251	511	10	ss	ss	PROPN
cjal-9251	511	11	25	25	NUM
cjal-9251	511	12	-	-	SYM
cjal-9251	511	13	31	31	NUM
cjal-9251	511	14	(	(	PUNCT
cjal-9251	511	15	n.z	n.z	PROPN
cjal-9251	511	16	.	.	PROPN
cjal-9251	511	17	)	)	PUNCT
cjal-9251	511	18	.	.	PUNCT
cjal-9251	512	1	,	,	PUNCT
cjal-9251	512	2	.	.	PUNCT
cjal-9251	512	3	,	,	PUNCT
cjal-9251	512	4	it	it	PRON
cjal-9251	512	5	must	must	AUX
cjal-9251	512	6	be	be	AUX
cjal-9251	512	7	noted	note	VERB
cjal-9251	512	8	that	that	SCONJ
cjal-9251	512	9	when	when	SCONJ
cjal-9251	512	10	the	the	DET
cjal-9251	512	11	gp	gp	NOUN
cjal-9251	512	12	is	be	AUX
cjal-9251	512	13	organized	organize	VERB
cjal-9251	512	14	as	as	ADP
cjal-9251	512	15	a	a	DET
cjal-9251	512	16	corporation	corporation	NOUN
cjal-9251	512	17	,	,	PUNCT
cjal-9251	512	18	the	the	DET
cjal-9251	512	19	issue	issue	NOUN
cjal-9251	512	20	of	of	ADP
cjal-9251	512	21	unlimited	unlimited	ADJ
cjal-9251	512	22	liability	liability	NOUN
cjal-9251	512	23	has	have	AUX
cjal-9251	512	24	effectively	effectively	ADV
cjal-9251	512	25	been	be	AUX
cjal-9251	512	26	sidestepped	sidestep	VERB
cjal-9251	512	27	.	.	PUNCT
cjal-9251	513	1	155	155	NUM
cjal-9251	513	2	joseph	joseph	PROPN
cjal-9251	513	3	mccahery	mccahery	PROPN
cjal-9251	513	4	&	&	CCONJ
cjal-9251	513	5	erik	erik	PROPN
cjal-9251	513	6	vermeule	vermeule	PROPN
cjal-9251	513	7	n	n	CCONJ
cjal-9251	513	8	,	,	PUNCT
cjal-9251	513	9	limited	limited	ADJ
cjal-9251	513	10	partnership	partnership	NOUN
cjal-9251	513	11	reform	reform	NOUN
cjal-9251	513	12	in	in	ADP
cjal-9251	513	13	the	the	DET
cjal-9251	513	14	united	united	ADJ
cjal-9251	513	15	kingdom	kingdom	PROPN
cjal-9251	513	16	:	:	PUNCT
cjal-9251	513	17	a	a	DET
cjal-9251	513	18	competitive	competitive	ADJ
cjal-9251	513	19	,	,	PUNCT
cjal-9251	513	20	venture	venture	NOUN
cjal-9251	513	21	capital	capital	NOUN
cjal-9251	513	22	oriented	orient	VERB
cjal-9251	513	23	business	business	NOUN
cjal-9251	513	24	form	form	NOUN
cjal-9251	513	25	,	,	PUNCT
cjal-9251	513	26	5	5	NUM
cjal-9251	513	27	eur	eur	NOUN
cjal-9251	513	28	.	.	PUNCT
cjal-9251	513	29	bus	bus	NOUN
cjal-9251	513	30	.	.	PUNCT
cjal-9251	514	1	org	org	PROPN
cjal-9251	514	2	.	.	PUNCT
cjal-9251	515	1	l.	l.	PROPN
cjal-9251	515	2	rev	rev	PROPN
cjal-9251	515	3	.	.	PROPN
cjal-9251	515	4	61	61	NUM
cjal-9251	515	5	,	,	PUNCT
cjal-9251	515	6	72	72	NUM
cjal-9251	515	7	(	(	PUNCT
cjal-9251	515	8	2004	2004	NUM
cjal-9251	515	9	)	)	PUNCT
cjal-9251	515	10	.	.	PUNCT
cjal-9251	516	1	182	182	NUM
cjal-9251	516	2	columbia	columbia	PROPN
cjal-9251	516	3	journal	journal	PROPN
cjal-9251	516	4	of	of	ADP
cjal-9251	516	5	asian	asian	ADJ
cjal-9251	516	6	law	law	NOUN
cjal-9251	517	1	[	[	X
cjal-9251	517	2	vol	vol	NOUN
cjal-9251	517	3	.	.	PUNCT
cjal-9251	517	4	30	30	NUM
cjal-9251	517	5	:	:	PUNCT
cjal-9251	517	6	160	160	NUM
cjal-9251	517	7	investment.156	investment.156	NOUN
cjal-9251	517	8	limited	limit	VERB
cjal-9251	517	9	partnerships	partnership	NOUN
cjal-9251	517	10	also	also	ADV
cjal-9251	517	11	generally	generally	ADV
cjal-9251	517	12	enjoy	enjoy	VERB
cjal-9251	517	13	considerably	considerably	ADV
cjal-9251	517	14	lower	low	ADJ
cjal-9251	517	15	formality	formality	NOUN
cjal-9251	517	16	costs	cost	NOUN
cjal-9251	517	17	as	as	SCONJ
cjal-9251	517	18	compared	compare	VERB
cjal-9251	517	19	to	to	ADP
cjal-9251	517	20	corporations	corporation	NOUN
cjal-9251	517	21	,	,	PUNCT
cjal-9251	517	22	157	157	NUM
cjal-9251	517	23	as	as	ADV
cjal-9251	517	24	well	well	ADV
cjal-9251	517	25	as	as	ADP
cjal-9251	517	26	passthrough	passthrough	PROPN
cjal-9251	517	27	tax	tax	NOUN
cjal-9251	517	28	treatment	treatment	NOUN
cjal-9251	517	29	.	.	PUNCT
cjal-9251	518	1	158	158	NUM
cjal-9251	518	2	l.	l.	NOUN
cjal-9251	518	3	adoption	adoption	NOUN
cjal-9251	518	4	of	of	ADP
cjal-9251	518	5	the	the	DET
cjal-9251	518	6	limited	limited	ADJ
cjal-9251	518	7	partnership	partnership	NOUN
cjal-9251	518	8	and	and	CCONJ
cjal-9251	518	9	its	its	PRON
cjal-9251	518	10	popularity	popularity	NOUN
cjal-9251	518	11	recognizing	recognize	VERB
cjal-9251	518	12	the	the	DET
cjal-9251	518	13	importance	importance	NOUN
cjal-9251	518	14	of	of	ADP
cjal-9251	518	15	limited	limited	ADJ
cjal-9251	518	16	partnerships	partnership	NOUN
cjal-9251	518	17	to	to	PART
cjal-9251	518	18	venture	venture	VERB
cjal-9251	518	19	capital	capital	NOUN
cjal-9251	518	20	,	,	PUNCT
cjal-9251	518	21	the	the	DET
cjal-9251	518	22	chinese	chinese	ADJ
cjal-9251	518	23	legislature	legislature	NOUN
cjal-9251	518	24	has	have	AUX
cjal-9251	518	25	also	also	ADV
cjal-9251	518	26	introduced	introduce	VERB
cjal-9251	518	27	this	this	DET
cjal-9251	518	28	new	new	ADJ
cjal-9251	518	29	business	business	NOUN
cjal-9251	518	30	vehicle	vehicle	NOUN
cjal-9251	518	31	in	in	ADP
cjal-9251	518	32	china	china	PROPN
cjal-9251	518	33	159	159	NUM
cjal-9251	518	34	under	under	ADP
cjal-9251	518	35	the	the	DET
cjal-9251	518	36	revised	revise	VERB
cjal-9251	518	37	partnership	partnership	NOUN
cjal-9251	518	38	enterprise	enterprise	NOUN
cjal-9251	518	39	law	law	NOUN
cjal-9251	518	40	(	(	PUNCT
cjal-9251	518	41	"	"	PUNCT
cjal-9251	518	42	pel	pel	NOUN
cjal-9251	518	43	"	"	PUNCT
cjal-9251	518	44	)	)	PUNCT
cjal-9251	518	45	.	.	PUNCT
cjal-9251	519	1	1so	1so	VERB
cjal-9251	519	2	the	the	DET
cjal-9251	519	3	adoption	adoption	NOUN
cjal-9251	519	4	of	of	ADP
cjal-9251	519	5	the	the	DET
cjal-9251	519	6	limited	limited	ADJ
cjal-9251	519	7	partnership	partnership	NOUN
cjal-9251	519	8	was	be	AUX
cjal-9251	519	9	part	part	NOUN
cjal-9251	519	10	of	of	ADP
cjal-9251	519	11	the	the	DET
cjal-9251	519	12	government	government	NOUN
cjal-9251	519	13	's	's	PART
cjal-9251	519	14	strategy	strategy	NOUN
cjal-9251	519	15	to	to	PART
cjal-9251	519	16	develop	develop	VERB
cjal-9251	519	17	scientific	scientific	ADJ
cjal-9251	519	18	innovation	innovation	NOUN
cjal-9251	519	19	as	as	ADP
cjal-9251	519	20	articulated	articulated	ADJ
cjal-9251	519	21	in	in	ADP
cjal-9251	519	22	its	its	PRON
cjal-9251	519	23	11	11	NUM
cjal-9251	519	24	th	th	NUM
cjal-9251	519	25	five	five	NUM
cjal-9251	519	26	-	-	PUNCT
cjal-9251	519	27	year	year	NOUN
cjal-9251	519	28	plan	plan	NOUN
cjal-9251	519	29	(	(	PUNCT
cjal-9251	519	30	2006	2006	NUM
cjal-9251	519	31	-	-	SYM
cjal-9251	519	32	2010	2010	NUM
cjal-9251	519	33	)	)	PUNCT
cjal-9251	519	34	,	,	PUNCT
cjal-9251	519	35	161	161	NUM
cjal-9251	519	36	which	which	PRON
cjal-9251	519	37	identified	identify	VERB
cjal-9251	519	38	the	the	DET
cjal-9251	519	39	promotion	promotion	NOUN
cjal-9251	519	40	of	of	ADP
cjal-9251	519	41	vc	vc	PROPN
cjal-9251	519	42	investment	investment	NOUN
cjal-9251	519	43	as	as	ADP
cjal-9251	519	44	a	a	DET
cjal-9251	519	45	critical	critical	ADJ
cjal-9251	519	46	element	element	NOUN
cjal-9251	519	47	for	for	ADP
cjal-9251	519	48	achieving	achieve	VERB
cjal-9251	519	49	"	"	PUNCT
cjal-9251	519	50	independent	independent	ADJ
cjal-9251	519	51	innovation	innovation	NOUN
cjal-9251	519	52	"	"	PUNCT
cjal-9251	519	53	and	and	CCONJ
cjal-9251	519	54	sustainable	sustainable	ADJ
cjal-9251	519	55	economic	economic	ADJ
cjal-9251	519	56	progress	progress	NOUN
cjal-9251	519	57	.	.	PUNCT
cjal-9251	520	1	162	162	NUM
cjal-9251	520	2	shortly	shortly	ADV
cjal-9251	520	3	after	after	ADP
cjal-9251	520	4	the	the	DET
cjal-9251	520	5	enactment	enactment	NOUN
cjal-9251	520	6	of	of	ADP
cjal-9251	520	7	the	the	DET
cjal-9251	520	8	revised	revise	VERB
cjal-9251	520	9	pel	pel	PROPN
cjal-9251	520	10	,	,	PUNCT
cjal-9251	520	11	the	the	DET
cjal-9251	520	12	first	first	ADJ
cjal-9251	520	13	chinese	chinese	PROPN
cjal-9251	520	14	limited	limited	ADJ
cjal-9251	520	15	partnership	partnership	NOUN
cjal-9251	520	16	was	be	AUX
cjal-9251	520	17	set	set	VERB
cjal-9251	520	18	up	up	ADP
cjal-9251	520	19	on	on	ADP
cjal-9251	520	20	june	june	PROPN
cjal-9251	520	21	27	27	NUM
cjal-9251	520	22	,	,	PUNCT
cjal-9251	520	23	2007	2007	NUM
cjal-9251	520	24	.	.	PUNCT
cjal-9251	521	1	163	163	NUM
cjal-9251	521	2	today	today	NOUN
cjal-9251	521	3	,	,	PUNCT
cjal-9251	521	4	the	the	DET
cjal-9251	521	5	limited	limited	ADJ
cjal-9251	521	6	partnership	partnership	NOUN
cjal-9251	521	7	has	have	AUX
cjal-9251	521	8	become	become	VERB
cjal-9251	521	9	the	the	DET
cjal-9251	521	10	most	most	ADV
cjal-9251	521	11	popular	popular	ADJ
cjal-9251	521	12	business	business	NOUN
cjal-9251	521	13	vehicle	vehicle	NOUN
cjal-9251	521	14	among	among	ADP
cjal-9251	521	15	newly	newly	ADV
cjal-9251	521	16	raised	raise	VERB
cjal-9251	521	17	vc	vc	NOUN
cjal-9251	521	18	funds	fund	NOUN
cjal-9251	521	19	in	in	ADP
cjal-9251	521	20	china.16	china.16	PROPN
cjal-9251	521	21	4	4	NUM
cjal-9251	521	22	consistent	consistent	ADJ
cjal-9251	521	23	with	with	ADP
cjal-9251	521	24	the	the	DET
cjal-9251	521	25	benefits	benefit	NOUN
cjal-9251	521	26	of	of	ADP
cjal-9251	521	27	limited	limited	ADJ
cjal-9251	521	28	partnerships	partnership	NOUN
cjal-9251	521	29	elsewhere	elsewhere	ADV
cjal-9251	521	30	in	in	ADP
cjal-9251	521	31	the	the	DET
cjal-9251	521	32	world	world	NOUN
cjal-9251	521	33	,	,	PUNCT
cjal-9251	521	34	the	the	DET
cjal-9251	521	35	chinese	chinese	PROPN
cjal-9251	521	36	limited	limited	ADJ
cjal-9251	521	37	partnership	partnership	NOUN
cjal-9251	521	38	regime	regime	NOUN
cjal-9251	521	39	also	also	ADV
cjal-9251	521	40	have	have	VERB
cjal-9251	521	41	two	two	NUM
cjal-9251	521	42	types	type	NOUN
cjal-9251	521	43	of	of	ADP
cjal-9251	521	44	partners	partner	NOUN
cjal-9251	521	45	:	:	PUNCT
cjal-9251	521	46	gps	gps	PROPN
cjal-9251	521	47	,	,	PUNCT
cjal-9251	521	48	who	who	PRON
cjal-9251	521	49	are	be	AUX
cjal-9251	521	50	jointly	jointly	ADV
cjal-9251	521	51	and	and	CCONJ
cjal-9251	521	52	severally	severally	ADV
cjal-9251	521	53	liable	liable	ADJ
cjal-9251	521	54	for	for	ADP
cjal-9251	521	55	the	the	DET
cjal-9251	521	56	debts	debt	NOUN
cjal-9251	521	57	and	and	CCONJ
cjal-9251	521	58	liabilities	liability	NOUN
cjal-9251	521	59	of	of	ADP
cjal-9251	521	60	the	the	DET
cjal-9251	521	61	firm	firm	NOUN
cjal-9251	521	62	,	,	PUNCT
cjal-9251	521	63	and	and	CCONJ
cjal-9251	521	64	lps	lps	PROPN
cjal-9251	521	65	,	,	PUNCT
cjal-9251	521	66	who	who	PRON
cjal-9251	521	67	are	be	AUX
cjal-9251	521	68	only	only	ADV
cjal-9251	521	69	liable	liable	ADJ
cjal-9251	521	70	to	to	ADP
cjal-9251	521	71	the	the	DET
cjal-9251	521	72	extent	extent	NOUN
cjal-9251	521	73	of	of	ADP
cjal-9251	521	74	their	their	PRON
cjal-9251	521	75	capital	capital	NOUN
cjal-9251	521	76	contributions	contribution	NOUN
cjal-9251	521	77	.	.	PUNCT
cjal-9251	522	1	165	165	NUM
cjal-9251	522	2	lps	lp	NOUN
cjal-9251	522	3	are	be	AUX
cjal-9251	522	4	not	not	PART
cjal-9251	522	5	permitted	permit	VERB
cjal-9251	522	6	to	to	PART
cjal-9251	522	7	"	"	PUNCT
cjal-9251	522	8	carry	carry	VERB
cjal-9251	522	9	out	out	ADP
cjal-9251	522	10	partnership	partnership	NOUN
cjal-9251	522	11	affairs	affair	NOUN
cjal-9251	522	12	"	"	PUNCT
cjal-9251	522	13	,	,	PUNCT
cjal-9251	522	14	while	while	SCONJ
cjal-9251	522	15	gps	gps	NOUN
cjal-9251	522	16	have	have	VERB
cjal-9251	522	17	the	the	DET
cjal-9251	522	18	right	right	NOUN
cjal-9251	522	19	to	to	PART
cjal-9251	522	20	conduct	conduct	VERB
cjal-9251	522	21	the	the	DET
cjal-9251	522	22	day	day	NOUN
cjal-9251	522	23	-	-	PUNCT
cjal-9251	522	24	to	to	ADP
cjal-9251	522	25	-day	-day	NOUN
cjal-9251	522	26	management	management	NOUN
cjal-9251	522	27	of	of	ADP
cjal-9251	522	28	the	the	DET
cjal-9251	522	29	firm	firm	NOUN
cjal-9251	522	30	.	.	PUNCT
cjal-9251	523	1	166	166	NUM
cjal-9251	523	2	the	the	DET
cjal-9251	523	3	pel	pel	PROPN
cjal-9251	523	4	also	also	ADV
cjal-9251	523	5	provides	provide	VERB
cjal-9251	523	6	a	a	DET
cjal-9251	523	7	"	"	PUNCT
cjal-9251	523	8	safe	safe	ADJ
cjal-9251	523	9	-	-	PUNCT
cjal-9251	523	10	harbor	harbor	NOUN
cjal-9251	523	11	"	"	PUNCT
cjal-9251	523	12	list	list	NOUN
cjal-9251	523	13	of	of	ADP
cjal-9251	523	14	100uk	100uk	PROPN
cjal-9251	523	15	law	law	PROPN
cjal-9251	523	16	commission	commission	PROPN
cjal-9251	523	17	&	&	CCONJ
cjal-9251	523	18	scottish	scottish	PROPN
cjal-9251	523	19	law	law	PROPN
cjal-9251	523	20	commission	commission	PROPN
cjal-9251	523	21	,	,	PUNCT
cjal-9251	523	22	limited	limited	ADJ
cjal-9251	523	23	partnerships	partnership	NOUN
cjal-9251	523	24	act	act	VERB
cjal-9251	523	25	1907	1907	NUM
cjal-9251	523	26	:	:	PUNCT
cjal-9251	523	27	a	a	DET
cjal-9251	523	28	joint	joint	ADJ
cjal-9251	523	29	consultation	consultation	NOUN
cjal-9251	523	30	paper	paper	NOUN
cjal-9251	523	31	3	3	NUM
cjal-9251	523	32	(	(	PUNCT
cjal-9251	523	33	consultation	consultation	NOUN
cjal-9251	523	34	paper	paper	NOUN
cjal-9251	523	35	no	no	INTJ
cjal-9251	523	36	.	.	PROPN
cjal-9251	523	37	161	161	NUM
cjal-9251	523	38	;	;	PUNCT
cjal-9251	523	39	discussion	discussion	NOUN
cjal-9251	523	40	paper	paper	NOUN
cjal-9251	523	41	no	no	NOUN
cjal-9251	523	42	.	.	PROPN
cjal-9251	523	43	118	118	NUM
cjal-9251	523	44	,	,	PUNCT
cjal-9251	523	45	2001	2001	NUM
cjal-9251	523	46	)	)	PUNCT
cjal-9251	523	47	,	,	PUNCT
cjal-9251	523	48	available	available	ADJ
cjal-9251	523	49	at	at	ADP
cjal-9251	523	50	http://bit.ly/2s2nglz	http://bit.ly/2s2nglz	ADV
cjal-9251	523	51	.	.	PUNCT
cjal-9251	524	1	101	101	NUM
cjal-9251	524	2	features	feature	NOUN
cjal-9251	524	3	of	of	ADP
cjal-9251	524	4	a	a	DET
cjal-9251	524	5	limited	limited	ADJ
cjal-9251	524	6	liability	liability	NOUN
cjal-9251	524	7	partnership	partnership	NOUN
cjal-9251	524	8	,	,	PUNCT
cjal-9251	524	9	accountlng	accountlng	NOUN
cjal-9251	524	10	and	and	CCONJ
cjal-9251	524	11	corporate	corporate	ADJ
cjal-9251	524	12	regulatory	regulatory	ADJ
cjal-9251	524	13	authority	authority	NOUN
cjal-9251	524	14	,	,	PUNCT
cjal-9251	524	15	http://bit.ly/2uujffa	http://bit.ly/2uujffa	PROPN
cjal-9251	524	16	.	.	PUNCT
cjal-9251	524	17	158	158	NUM
cjal-9251	524	18	uk	uk	PROPN
cjal-9251	524	19	law	law	PROPN
cjal-9251	524	20	commission	commission	PROPN
cjal-9251	524	21	&	&	CCONJ
cjal-9251	524	22	scottish	scottish	PROPN
cjal-9251	524	23	law	law	PROPN
cjal-9251	524	24	commission	commission	PROPN
cjal-9251	524	25	,	,	PUNCT
cjal-9251	524	26	supra	supra	PROPN
cjal-9251	524	27	note	note	PROPN
cjal-9251	524	28	156	156	NUM
cjal-9251	524	29	,	,	PUNCT
cjal-9251	524	30	para	para	NOUN
cjal-9251	524	31	.	.	PUNCT
cjal-9251	525	1	1.51.6	1.51.6	NUM
cjal-9251	525	2	.	.	X
cjal-9251	526	1	109	109	NUM
cjal-9251	526	2	yan	yan	PROPN
cjal-9251	526	3	yixun	yixun	PROPN
cjal-9251	526	4	(	(	PUNCT
cjal-9251	526	5	p	p	X
cjal-9251	526	6	:	:	PUNCT
cjal-9251	526	7	sulil	sulil	PROPN
cjal-9251	526	8	)	)	PUNCT
cjal-9251	526	9	,	,	PUNCT
cjal-9251	526	10	hehuo	hehuo	NOUN
cjal-9251	526	11	qiye	qiye	NOUN
cjal-9251	526	12	fa	fa	X
cjal-9251	526	13	xiuding	xiuding	PROPN
cjal-9251	526	14	de	de	ADP
cjal-9251	526	15	liyou	liyou	PROPN
cjal-9251	526	16	(	(	PUNCT
cjal-9251	526	17	ih;l	ih;l	NUM
cjal-9251	526	18	:	:	PUNCT
cjal-9251	526	19	1l::~	1l::~	NUM
cjal-9251	526	20	~fl	~fl	NUM
cjal-9251	526	21	)	)	PUNCT
cjal-9251	526	22	tr1'!<jjlll	tr1'!<jjlll	NUM
cjal-9251	526	23	eb	eb	X
cjal-9251	526	24	)	)	PUNCT
cjal-9251	527	1	[	[	X
cjal-9251	527	2	reasons	reason	NOUN
cjal-9251	527	3	of	of	ADP
cjal-9251	527	4	revising	revise	VERB
cjal-9251	527	5	the	the	DET
cjal-9251	527	6	partnership	partnership	NOUN
cjal-9251	527	7	enterprise	enterprise	NOUN
cjal-9251	527	8	law	law	NOUN
cjal-9251	527	9	]	]	PUNCT
cjal-9251	527	10	,	,	PUNCT
cjal-9251	527	11	zhongguo	zhongguo	PROPN
cjal-9251	527	12	renda	renda	PROPN
cjal-9251	527	13	wang	wang	PROPN
cjal-9251	527	14	(	(	PUNCT
cjal-9251	527	15	'	'	PUNCT
cjal-9251	527	16	pi	pi	NOUN
cjal-9251	527	17	:	:	PUNCT
cjal-9251	527	18	;	;	PUNCT
cjal-9251	527	19	a::j	a::j	PROPN
cjal-9251	527	20	:	:	PUNCT
cjal-9251	527	21	:	:	PUNCT
cjal-9251	527	22	:	:	PUNCT
cjal-9251	527	23	.	.	PUNCT
cjal-9251	528	1	~	~	PUNCT
cjal-9251	528	2	)	)	PUNCT
cjal-9251	529	1	[	[	X
cjal-9251	529	2	npc.gov.cn	npc.gov.cn	X
cjal-9251	529	3	]	]	X
cjal-9251	529	4	(	(	PUNCT
cjal-9251	529	5	may	may	PROPN
cjal-9251	529	6	8	8	NUM
cjal-9251	529	7	,	,	PUNCT
cjal-9251	529	8	2006	2006	NUM
cjal-9251	529	9	)	)	PUNCT
cjal-9251	529	10	,	,	PUNCT
cjal-9251	529	11	http://bit.ly/2t1sglp	http://bit.ly/2t1sglp	PROPN
cjal-9251	529	12	.	.	PROPN
cjal-9251	529	13	100	100	NUM
cjal-9251	529	14	hehuo	hehuo	NOUN
cjal-9251	529	15	qiye	qiye	X
cjal-9251	529	16	fa	fa	PROPN
cjal-9251	529	17	(	(	PUNCT
cjal-9251	529	18	ittk	ittk	PROPN
cjal-9251	529	19	:	:	PUNCT
cjal-9251	529	20	l'.l::~~	l'.l::~~	PROPN
cjal-9251	529	21	)	)	PUNCT
cjal-9251	530	1	[	[	X
cjal-9251	530	2	partnership	partnership	NOUN
cjal-9251	530	3	enterprise	enterprise	NOUN
cjal-9251	530	4	law	law	NOUN
cjal-9251	530	5	)	)	PUNCT
cjal-9251	530	6	(	(	PUNCT
cjal-9251	530	7	promulgated	promulgate	VERB
cjal-9251	530	8	by	by	ADP
cjal-9251	530	9	the	the	DET
cjal-9251	530	10	standing	standing	NOUN
cjal-9251	530	11	comm	comm	NOUN
cjal-9251	530	12	.	.	PUNCT
cjal-9251	531	1	nat	nat	NOUN
cjal-9251	531	2	'	'	PUNCT
cjal-9251	531	3	!	!	PUNCT
cjal-9251	532	1	people	people	NOUN
cjal-9251	532	2	's	's	PART
cjal-9251	532	3	cong	cong	NOUN
cjal-9251	532	4	.	.	PUNCT
cjal-9251	532	5	,	,	PUNCT
cjal-9251	532	6	aug	aug	PROPN
cjal-9251	532	7	.	.	PROPN
cjal-9251	532	8	27	27	NUM
cjal-9251	532	9	,	,	PUNCT
cjal-9251	532	10	2006	2006	NUM
cjal-9251	532	11	,	,	PUNCT
cjal-9251	532	12	effective	effective	ADJ
cjal-9251	532	13	june	june	PROPN
cjal-9251	532	14	1	1	NUM
cjal-9251	532	15	,	,	PUNCT
cjal-9251	532	16	2007	2007	NUM
cjal-9251	532	17	)	)	PUNCT
cjal-9251	533	1	[	[	X
cjal-9251	533	2	hereinafter	hereinafter	NOUN
cjal-9251	533	3	partnership	partnership	NOUN
cjal-9251	533	4	enterprise	enterprise	NOUN
cjal-9251	533	5	law	law	NOUN
cjal-9251	533	6	]	]	PUNCT
cjal-9251	533	7	,	,	PUNCT
cjal-9251	533	8	http	http	ADJ
cjal-9251	533	9	:	:	PUNCT
cjal-9251	533	10	//bit.ly/2sibv8s	//bit.ly/2sibv8s	NOUN
cjal-9251	533	11	.	.	PUNCT
cjal-9251	534	1	161	161	NUM
cjal-9251	534	2	see	see	VERB
cjal-9251	534	3	guomin	guomin	PROPN
cjal-9251	534	4	jingji	jingji	PROPN
cjal-9251	534	5	he	he	PRON
cjal-9251	534	6	shehui	shehui	PROPN
cjal-9251	534	7	fazban	fazban	PROPN
cjal-9251	534	8	di	di	PROPN
cjal-9251	534	9	shiyi	shiyi	PROPN
cjal-9251	534	10	ge	ge	PROPN
cjal-9251	534	11	wunian	wunian	PROPN
cjal-9251	534	12	guihua	guihua	PROPN
cjal-9251	534	13	gangyao	gangyao	NOUN
cjal-9251	534	14	(	(	PUNCT
cjal-9251	534	15	ii~	ii~	PROPN
cjal-9251	534	16	~i.1fl'ol±it:1t	~i.1fl'ol±it:1t	NOUN
cjal-9251	534	17	/	/	SYM
cjal-9251	534	18	i~-t-1	i~-t-1	NOUN
cjal-9251	534	19	-	-	NOUN
cjal-9251	534	20	n"f:'l;ujj!f4jl	n"f:'l;ujj!f4jl	NOUN
cjal-9251	534	21	!	!	PUNCT
cjal-9251	534	22	)	)	PUNCT
cjal-9251	535	1	[	[	X
cjal-9251	535	2	outlin	outlin	NOUN
cjal-9251	535	3	e	e	NOUN
cjal-9251	535	4	for	for	ADP
cjal-9251	535	5	the	the	DET
cjal-9251	535	6	eleventh	eleventh	ADJ
cjal-9251	535	7	five	five	NUM
cjal-9251	535	8	-	-	PUNCT
cjal-9251	535	9	year	year	NOUN
cjal-9251	535	10	plan	plan	NOUN
cjal-9251	535	11	for	for	ADP
cjal-9251	535	12	the	the	DET
cjal-9251	535	13	nationa	nationa	PROPN
cjal-9251	535	14	l	l	PROPN
cjal-9251	535	15	economic	economic	ADJ
cjal-9251	535	16	and	and	CCONJ
cjal-9251	535	17	social	social	ADJ
cjal-9251	535	18	development	development	NOUN
cjal-9251	535	19	]	]	PUNCT
cjal-9251	535	20	(	(	PUNCT
cjal-9251	535	21	promulgated	promulgate	VERB
cjal-9251	535	22	by	by	ADP
cjal-9251	535	23	the	the	DET
cjal-9251	535	24	standing	standing	NOUN
cjal-9251	535	25	comm	comm	NOUN
cjal-9251	535	26	.	.	PUNCT
cjal-9251	536	1	na	na	NOUN
cjal-9251	536	2	'	'	PUNCT
cjal-9251	536	3	l	l	NOUN
cjal-9251	536	4	people	people	NOUN
cjal-9251	536	5	's	's	PART
cjal-9251	536	6	cong	cong	NOUN
cjal-9251	536	7	.	.	PROPN
cjal-9251	536	8	,	,	PUNCT
cjal-9251	536	9	mar	mar	PROPN
cjal-9251	536	10	.	.	PROPN
cjal-9251	536	11	14	14	NUM
cjal-9251	536	12	,	,	PUNCT
cjal-9251	536	13	2006	2006	NUM
cjal-9251	536	14	)	)	PUNCT
cjal-9251	536	15	,	,	PUNCT
cjal-9251	536	16	http://bit.ly/2sno8p6	http://bit.ly/2sno8p6	PROPN
cjal-9251	536	17	.	.	PROPN
cjal-9251	536	18	102	102	NUM
cjal-9251	536	19	see	see	VERB
cjal-9251	536	20	yan	yan	PROPN
cjal-9251	536	21	,	,	PUNCT
cjal-9251	536	22	supra	supra	PROPN
cjal-9251	536	23	note	note	PROPN
cjal-9251	536	24	159	159	NUM
cjal-9251	536	25	.	.	NOUN
cjal-9251	536	26	163	163	NUM
cjal-9251	536	27	li	li	NOUN
cjal-9251	536	28	jingying	jingye	VERB
cjal-9251	536	29	(	(	PUNCT
cjal-9251	536	30	,	,	PUNCT
cjal-9251	536	31	$	$	SYM
cjal-9251	536	32	fiu!ji	fiu!ji	NOUN
cjal-9251	536	33	)	)	PUNCT
cjal-9251	536	34	,	,	PUNCT
cjal-9251	536	35	:	:	PUNCT
cjal-9251	536	36	venz	venz	PROPN
cjal-9251	536	37	hou	hou	PROPN
cjal-9251	537	1	shoujia	shoujia	ADJ
cjal-9251	537	2	pe	pe	PROPN
cjal-9251	537	3	banlu	banlu	NOUN
cjal-9251	537	4	zheyi	zheyi	NOUN
cjal-9251	537	5	dongbai	dongbai	PROPN
cjal-9251	537	6	cbuangtou	cbuangtou	PROPN
cjal-9251	537	7	zhuanru	zhuanru	PROPN
cjal-9251	537	8	hu	hu	PROPN
cjal-9251	538	1	~	~	PROPN
cjal-9251	538	2	nya	nya	NOUN
cjal-9251	538	3	?	?	PUNCT
cjal-9251	538	4	h	h	NOUN
cjal-9251	538	5	~	~	X
cjal-9251	538	6	angtou	angtou	NOUN
cjal-9251	538	7	(	(	PUNCT
cjal-9251	538	8	ilil:/ti~~	ilil:/ti~~	PROPN
cjal-9251	538	9	pe	pe	PROPN
cjal-9251	538	10	-¥i!hlrju,~¤h	-¥i!hlrju,~¤h	PUNCT
cjal-9251	538	11	:	:	PUNCT
cjal-9251	539	1	s!:~alfje¤h2	s!:~alfje¤h2	PRON
cjal-9251	539	2	:)	:)	X
cjal-9251	539	3	[	[	X
cjal-9251	539	4	the	the	DET
cjal-9251	539	5	first	first	ADJ
cjal-9251	539	6	venture	venture	NOUN
cjal-9251	539	7	capital	capital	NOUN
cjal-9251	539	8	limited	limited	ADJ
cjal-9251	539	9	partnership	partnership	NOUN
cjal-9251	539	10	in	in	ADP
cjal-9251	539	11	wenzhou	wenzhou	PROPN
cjal-9251	539	12	donghai	donghai	PROPN
cjal-9251	539	13	ventur	ventur	PROPN
cjal-9251	539	14	e	e	NOUN
cjal-9251	539	15	capital	capital	NOUN
cjal-9251	539	16	is	be	AUX
cjal-9251	539	17	now	now	ADV
cjal-9251	539	18	subsidiary	subsidiary	NOUN
cjal-9251	539	19	of	of	ADP
cjal-9251	539	20	huan.ya	huan.ya	PROPN
cjal-9251	539	21	chuangtou	chuangtou	PROPN
cjal-9251	539	22	)	)	PUNCT
cjal-9251	539	23	,	,	PUNCT
cjal-9251	539	24	diyi	diyi	PROPN
cjal-9251	539	25	caijing	caije	VERB
cjal-9251	539	26	ribao	ribao	ADJ
cjal-9251	539	27	811i	811i	NUM
cjal-9251	539	28	)	)	PUNCT
cjal-9251	540	1	[	[	X
cjal-9251	540	2	first	first	ADJ
cjal-9251	540	3	securitie~	securitie~	PROPN
cjal-9251	540	4	daily	daily	ADV
cjal-9251	540	5	]	]	PUNCT
cjal-9251	540	6	(	(	PUNCT
cjal-9251	540	7	may	may	PROPN
cjal-9251	540	8	8	8	NUM
cjal-9251	540	9	,	,	PUNCT
cjal-9251	540	10	2008	2008	NUM
cjal-9251	540	11	)	)	PUNCT
cjal-9251	540	12	,	,	PUNCT
cjal-9251	540	13	http://bit.ly/2tlnasy	http://bit.ly/2tlnasy	PROPN
cjal-9251	540	14	.	.	PROPN
cjal-9251	540	15	16	16	NUM
cjal-9251	540	16	'	'	PUNCT
cjal-9251	540	17	see	see	VERB
cjal-9251	540	18	table	table	NOUN
cjal-9251	540	19	5	5	NUM
cjal-9251	540	20	,	,	PUNCT
cjal-9251	540	21	infra	infra	NOUN
cjal-9251	540	22	.	.	PUNCT
cjal-9251	541	1	166	166	NUM
cjal-9251	541	2	partnership	partnership	NOUN
cjal-9251	541	3	enterprise	enterprise	NOUN
cjal-9251	541	4	law	law	NOUN
cjal-9251	541	5	,	,	PUNCT
cjal-9251	541	6	supra	supra	PROPN
cjal-9251	541	7	note	note	NOUN
cjal-9251	541	8	126	126	NUM
cjal-9251	541	9	,	,	PUNCT
cjal-9251	541	10	at	at	ADP
cjal-9251	541	11	art	art	NOUN
cjal-9251	541	12	.	.	PUNCT
cjal-9251	542	1	2	2	NUM
cjal-9251	542	2	.	.	SYM
cjal-9251	542	3	100	100	NUM
cjal-9251	542	4	see	see	VERB
cjal-9251	542	5	i	i	PRON
cjal-9251	542	6	d.	d.	PROPN
cjal-9251	542	7	,	,	PUNCT
cjal-9251	542	8	arts	art	NOUN
cjal-9251	542	9	.	.	PUNCT
cjal-9251	543	1	2	2	NUM
cjal-9251	543	2	,	,	PUNCT
cjal-9251	543	3	67	67	NUM
cjal-9251	543	4	,	,	PUNCT
cjal-9251	543	5	and	and	CCONJ
cjal-9251	543	6	68	68	NUM
cjal-9251	543	7	.	.	NOUN
cjal-9251	543	8	2017	2017	NUM
cjal-9251	543	9	]	]	PUNCT
cjal-9251	543	10	engineering	engineer	VERB
cjal-9251	543	11	a	a	DET
cjal-9251	543	12	venture	venture	NOUN
cjal-9251	543	13	capital	capital	NOUN
cjal-9251	543	14	market	market	NOUN
cjal-9251	543	15	183	183	NUM
cjal-9251	543	16	the	the	DET
cjal-9251	543	17	activities	activity	NOUN
cjal-9251	543	18	in	in	ADP
cjal-9251	543	19	which	which	PRON
cjal-9251	543	20	lps	lps	PROPN
cjal-9251	543	21	may	may	AUX
cjal-9251	543	22	engage	engage	VERB
cjal-9251	543	23	without	without	ADP
cjal-9251	543	24	being	be	AUX
cjal-9251	543	25	viewed	view	VERB
cjal-9251	543	26	as	as	ADP
cjal-9251	543	27	"	"	PUNCT
cjal-9251	543	28	carrying	carry	VERB
cjal-9251	543	29	out	out	ADP
cjal-9251	543	30	the	the	DET
cjal-9251	543	31	partnership	partnership	NOUN
cjal-9251	543	32	affairs	affair	NOUN
cjal-9251	543	33	,	,	PUNCT
cjal-9251	543	34	"	"	PUNCT
cjal-9251	543	35	in	in	ADP
cjal-9251	543	36	order	order	NOUN
cjal-9251	543	37	to	to	PART
cjal-9251	543	38	assist	assist	VERB
cjal-9251	543	39	lps	lps	PROPN
cjal-9251	543	40	in	in	ADP
cjal-9251	543	41	demarcating	demarcate	VERB
cjal-9251	543	42	the	the	DET
cjal-9251	543	43	legitimate	legitimate	ADJ
cjal-9251	543	44	scope	scope	NOUN
cjal-9251	543	45	of	of	ADP
cjal-9251	543	46	their	their	PRON
cjal-9251	543	47	participation	participation	NOUN
cjal-9251	543	48	in	in	ADP
cjal-9251	543	49	the	the	DET
cjal-9251	543	50	firm	firm	NOUN
cjal-9251	543	51	's	's	PART
cjal-9251	543	52	activities	activity	NOUN
cjal-9251	543	53	_	_	NOUN
cjal-9251	543	54	167	167	NUM
cjal-9251	543	55	in	in	ADP
cjal-9251	543	56	addition	addition	NOUN
cjal-9251	543	57	,	,	PUNCT
cjal-9251	543	58	the	the	DET
cjal-9251	543	59	chinese	chinese	PROPN
cjal-9251	543	60	limited	limited	ADJ
cjal-9251	543	61	partnership	partnership	NOUN
cjal-9251	543	62	provides	provide	VERB
cjal-9251	543	63	an	an	DET
cjal-9251	543	64	efficient	efficient	ADJ
cjal-9251	543	65	contract	contract	NOUN
cjal-9251	543	66	between	between	ADP
cjal-9251	543	67	the	the	DET
cjal-9251	543	68	gp	gp	NOUN
cjal-9251	543	69	and	and	CCONJ
cjal-9251	543	70	the	the	DET
cjal-9251	543	71	lps.168	lps.168	NOUN
cjal-9251	543	72	first	first	ADV
cjal-9251	543	73	,	,	PUNCT
cjal-9251	543	74	in	in	ADP
cjal-9251	543	75	contrast	contrast	NOUN
cjal-9251	543	76	to	to	ADP
cjal-9251	543	77	englandl69	englandl69	NOUN
cjal-9251	543	78	and	and	CCONJ
cjal-9251	543	79	singapore	singapore	PROPN
cjal-9251	543	80	170	170	NUM
cjal-9251	543	81	which	which	PRON
cjal-9251	543	82	adopt	adopt	VERB
cjal-9251	543	83	the	the	DET
cjal-9251	543	84	aggregate	aggregate	ADJ
cjal-9251	543	85	approach	approach	NOUN
cjal-9251	543	86	towards	towards	ADP
cjal-9251	543	87	limited	limited	ADJ
cjal-9251	543	88	partnership	partnership	NOUN
cjal-9251	543	89	and	and	CCONJ
cjal-9251	543	90	do	do	AUX
cjal-9251	543	91	not	not	PART
cjal-9251	543	92	consider	consider	VERB
cjal-9251	543	93	the	the	DET
cjal-9251	543	94	limited	limited	ADJ
cjal-9251	543	95	partnership	partnership	NOUN
cjal-9251	543	96	as	as	ADP
cjal-9251	543	97	a	a	DET
cjal-9251	543	98	separate	separate	ADJ
cjal-9251	543	99	legal	legal	ADJ
cjal-9251	543	100	entity	entity	NOUN
cjal-9251	543	101	,	,	PUNCT
cjal-9251	543	102	the	the	DET
cjal-9251	543	103	chinese	chinese	ADJ
cjal-9251	543	104	regime	regime	NOUN
cjal-9251	543	105	does	do	AUX
cjal-9251	543	106	possess	possess	VERB
cjal-9251	543	107	entity	entity	NOUN
cjal-9251	543	108	features	feature	NOUN
cjal-9251	543	109	and	and	CCONJ
cjal-9251	543	110	does	do	AUX
cjal-9251	543	111	have	have	VERB
cjal-9251	543	112	certain	certain	ADJ
cjal-9251	543	113	attributes	attribute	NOUN
cjal-9251	543	114	which	which	PRON
cjal-9251	543	115	are	be	AUX
cjal-9251	543	116	consistent	consistent	ADJ
cjal-9251	543	117	with	with	ADP
cjal-9251	543	118	separate	separate	ADJ
cjal-9251	543	119	legal	legal	ADJ
cjal-9251	543	120	personality	personality	NOUN
cjal-9251	543	121	,	,	PUNCT
cjal-9251	543	122	such	such	ADJ
cjal-9251	543	123	as	as	ADP
cjal-9251	543	124	the	the	DET
cjal-9251	543	125	right	right	NOUN
cjal-9251	543	126	to	to	PART
cjal-9251	543	127	hold	hold	VERB
cjal-9251	543	128	assets	asset	NOUN
cjal-9251	543	129	,	,	PUNCT
cjal-9251	543	130	171	171	NUM
cjal-9251	543	131	to	to	PART
cjal-9251	543	132	sue	sue	VERB
cjal-9251	543	133	,	,	PUNCT
cjal-9251	543	134	and	and	CCONJ
cjal-9251	543	135	be	be	AUX
cjal-9251	543	136	sued.172	sued.172	NOUN
cjal-9251	543	137	furthermore	furthermore	ADV
cjal-9251	543	138	,	,	PUNCT
cjal-9251	543	139	the	the	DET
cjal-9251	543	140	limited	limited	ADJ
cjal-9251	543	141	partnership	partnership	NOUN
cjal-9251	543	142	is	be	AUX
cjal-9251	543	143	not	not	PART
cjal-9251	543	144	dissolved	dissolve	VERB
cjal-9251	543	145	upon	upon	SCONJ
cjal-9251	543	146	the	the	DET
cjal-9251	543	147	dissociation	dissociation	NOUN
cjal-9251	543	148	of	of	ADP
cjal-9251	543	149	partners	partner	NOUN
cjal-9251	543	150	,	,	PUNCT
cjal-9251	543	151	173	173	NUM
cjal-9251	543	152	and	and	CCONJ
cjal-9251	543	153	a	a	DET
cjal-9251	543	154	creditor	creditor	NOUN
cjal-9251	543	155	's	's	PART
cjal-9251	543	156	recourse	recourse	NOUN
cjal-9251	543	157	against	against	ADP
cjal-9251	543	158	the	the	DET
cjal-9251	543	159	gp	gp	NOUN
cjal-9251	543	160	is	be	AUX
cjal-9251	543	161	postponed	postpone	VERB
cjal-9251	543	162	until	until	SCONJ
cjal-9251	543	163	he	he	PRON
cjal-9251	543	164	has	have	AUX
cjal-9251	543	165	exhausted	exhaust	VERB
cjal-9251	543	166	his	his	PRON
cjal-9251	543	167	remedies	remedy	NOUN
cjal-9251	543	168	against	against	ADP
cjal-9251	543	169	partnership	partnership	NOUN
cjal-9251	543	170	assets	asset	NOUN
cjal-9251	543	171	.	.	PUNCT
cjal-9251	544	1	174	174	NUM
cjal-9251	544	2	the	the	DET
cjal-9251	544	3	entity	entity	NOUN
cjal-9251	544	4	approach	approach	NOUN
cjal-9251	544	5	adopted	adopt	VERB
cjal-9251	544	6	by	by	ADP
cjal-9251	544	7	the	the	DET
cjal-9251	544	8	chinese	chinese	ADJ
cjal-9251	544	9	law	law	NOUN
cjal-9251	544	10	helps	help	VERB
cjal-9251	544	11	to	to	PART
cjal-9251	544	12	facilitate	facilitate	VERB
cjal-9251	544	13	the	the	DET
cjal-9251	544	14	continuity	continuity	NOUN
cjal-9251	544	15	of	of	ADP
cjal-9251	544	16	the	the	DET
cjal-9251	544	17	limited	limited	ADJ
cjal-9251	544	18	partnership	partnership	NOUN
cjal-9251	544	19	.	.	PUNCT
cjal-9251	545	1	second	second	ADJ
cjal-9251	545	2	,	,	PUNCT
cjal-9251	545	3	apart	apart	ADV
cjal-9251	545	4	from	from	ADP
cjal-9251	545	5	allowing	allow	VERB
cjal-9251	545	6	limited	limited	ADJ
cjal-9251	545	7	partnerships	partnership	NOUN
cjal-9251	545	8	to	to	PART
cjal-9251	545	9	enjoy	enjoy	VERB
cjal-9251	545	10	pass	pass	VERB
cjal-9251	545	11	-	-	PUNCT
cjal-9251	545	12	through	through	ADP
cjal-9251	545	13	tax	tax	NOUN
cjal-9251	545	14	treatment	treatment	NOUN
cjal-9251	545	15	at	at	ADP
cjal-9251	545	16	the	the	DET
cjal-9251	545	17	entity	entity	NOUN
cjal-9251	545	18	level	level	NOUN
cjal-9251	545	19	in	in	ADP
cjal-9251	545	20	china	china	PROPN
cjal-9251	545	21	,	,	PUNCT
cjal-9251	545	22	there	there	PRON
cjal-9251	545	23	are	be	VERB
cjal-9251	545	24	also	also	ADV
cjal-9251	545	25	a	a	DET
cjal-9251	545	26	number	number	NOUN
cjal-9251	545	27	of	of	ADP
cjal-9251	545	28	preferential	preferential	ADJ
cjal-9251	545	29	tax	tax	NOUN
cjal-9251	545	30	policies	policy	NOUN
cjal-9251	545	31	for	for	ADP
cjal-9251	545	32	lps	lps	PROPN
cjal-9251	545	33	and	and	CCONJ
cjal-9251	545	34	gps	gps	PROPN
cjal-9251	545	35	in	in	ADP
cjal-9251	545	36	vc	vc	PROPN
cjal-9251	545	37	funds	fund	NOUN
cjal-9251	545	38	provided	provide	VERB
cjal-9251	545	39	by	by	ADP
cjal-9251	545	40	the	the	DET
cjal-9251	545	41	local	local	ADJ
cjal-9251	545	42	governments	government	NOUN
cjal-9251	545	43	.	.	PUNCT
cjal-9251	546	1	175	175	NUM
cjal-9251	546	2	prior	prior	ADV
cjal-9251	546	3	to	to	ADP
cjal-9251	546	4	the	the	DET
cjal-9251	546	5	introduction	introduction	NOUN
cjal-9251	546	6	of	of	ADP
cjal-9251	546	7	limited	limited	ADJ
cjal-9251	546	8	partnership	partnership	NOUN
cjal-9251	546	9	,	,	PUNCT
cjal-9251	546	10	the	the	DET
cjal-9251	546	11	major	major	ADJ
cjal-9251	546	12	business	business	NOUN
cjal-9251	546	13	forms	form	NOUN
cjal-9251	546	14	for	for	ADP
cjal-9251	546	15	domestic	domestic	ADJ
cjal-9251	546	16	venture	venture	NOUN
cjal-9251	546	17	capitalists	capitalist	NOUN
cjal-9251	546	18	to	to	PART
cjal-9251	546	19	raise	raise	VERB
cjal-9251	546	20	funds	fund	NOUN
cjal-9251	546	21	were	be	AUX
cjal-9251	546	22	the	the	DET
cjal-9251	546	23	limited	limited	ADJ
cjal-9251	546	24	liability	liability	NOUN
cjal-9251	546	25	company	company	NOUN
cjal-9251	546	26	(	(	PUNCT
cjal-9251	546	27	"	"	PUNCT
cjal-9251	546	28	llc	llc	PROPN
cjal-9251	546	29	"	"	PUNCT
cjal-9251	546	30	)	)	PUNCT
cjal-9251	546	31	,	,	PUNCT
cjal-9251	546	32	the	the	DET
cjal-9251	546	33	joint	joint	ADJ
cjal-9251	546	34	stock	stock	NOUN
cjal-9251	546	35	company	company	NOUN
cjal-9251	546	36	(	(	PUNCT
cjal-9251	546	37	"	"	PUNCT
cjal-9251	546	38	jsc	jsc	NOUN
cjal-9251	546	39	"	"	PUNCT
cjal-9251	546	40	)	)	PUNCT
cjal-9251	546	41	,	,	PUNCT
cjal-9251	546	42	the	the	DET
cjal-9251	546	43	general	general	ADJ
cjal-9251	546	44	partnership	partnership	NOUN
cjal-9251	546	45	,	,	PUNCT
cjal-9251	546	46	and	and	CCONJ
cjal-9251	546	47	trust	trust	NOUN
cjal-9251	546	48	.	.	PUNCT
cjal-9251	547	1	these	these	DET
cjal-9251	547	2	types	type	NOUN
cjal-9251	547	3	of	of	ADP
cjal-9251	547	4	entities	entity	NOUN
cjal-9251	547	5	had	have	VERB
cjal-9251	547	6	disadvantages	disadvantage	NOUN
cjal-9251	547	7	that	that	PRON
cjal-9251	547	8	discouraged	discourage	VERB
cjal-9251	547	9	investment	investment	NOUN
cjal-9251	547	10	.	.	PUNCT
cjal-9251	548	1	llcs	llcs	NOUN
cjal-9251	548	2	and	and	CCONJ
cjal-9251	548	3	jscs	jsc	NOUN
cjal-9251	548	4	faced	face	VERB
cjal-9251	548	5	double	double	ADJ
cjal-9251	548	6	tax	tax	NOUN
cjal-9251	548	7	treatment	treatment	NOUN
cjal-9251	548	8	,	,	PUNCT
cjal-9251	548	9	substantia	substantia	NOUN
cjal-9251	548	10	l	l	NOUN
cjal-9251	548	11	formation	formation	NOUN
cjal-9251	548	12	costs	cost	NOUN
cjal-9251	548	13	and	and	CCONJ
cjal-9251	548	14	substa	substa	PROPN
cjal-9251	548	15	ntial	ntial	ADJ
cjal-9251	548	16	financial	financial	ADJ
cjal-9251	548	17	disclosure	disclosure	NOUN
cjal-9251	548	18	requirements	requirement	NOUN
cjal-9251	548	19	,	,	PUNCT
cjal-9251	548	20	176	176	NUM
cjal-9251	548	21	while	while	SCONJ
cjal-9251	548	22	general	general	ADJ
cjal-9251	548	23	partnerships	partnership	NOUN
cjal-9251	548	24	gave	give	VERB
cjal-9251	548	25	rise	rise	NOUN
cjal-9251	548	26	to	to	ADP
cjal-9251	548	27	unlimited	unlimited	ADJ
cjal-9251	548	28	liability	liability	NOUN
cjal-9251	548	29	for	for	ADP
cjal-9251	548	30	all	all	DET
cjal-9251	548	31	partners	partner	NOUN
cjal-9251	548	32	and	and	CCONJ
cjal-9251	548	33	a	a	DET
cjal-9251	548	34	similarly	similarly	ADV
cjal-9251	548	35	harsh	harsh	ADJ
cjal-9251	548	36	tax	tax	NOUN
cjal-9251	548	37	161	161	NUM
cjal-9251	548	38	see	see	VERB
cjal-9251	548	39	i	i	PROPN
cjal-9251	548	40	d.	d.	PROPN
cjal-9251	548	41	,	,	PUNCT
cjal-9251	548	42	arts	art	NOUN
cjal-9251	548	43	.	.	PUNCT
cjal-9251	549	1	68	68	NUM
cjal-9251	549	2	.	.	X
cjal-9251	550	1	168	168	NUM
cjal-9251	550	2	see	see	VERB
cjal-9251	550	3	generally	generally	ADV
cjal-9251	550	4	zhu	zhu	PROPN
cjal-9251	550	5	&	&	CCONJ
cjal-9251	550	6	ge	ge	PROPN
cjal-9251	550	7	supra	supra	PROPN
cjal-9251	550	8	note	note	PROPN
cjal-9251	550	9	60	60	NUM
cjal-9251	550	10	.	.	NOUN
cjal-9251	550	11	169	169	NUM
cjal-9251	550	12	martin	martin	PROPN
cjal-9251	550	13	palmer	palmer	PROPN
cjal-9251	550	14	,	,	PUNCT
cjal-9251	550	15	uk	uk	PROPN
cjal-9251	550	16	english	english	PROPN
cjal-9251	550	17	limited	limited	PROPN
cjal-9251	550	18	partnership	partnership	NOUN
cjal-9251	550	19	registration	registration	NOUN
cjal-9251	550	20	,	,	PUNCT
cjal-9251	550	21	mondaq.com	mondaq.com	X
cjal-9251	550	22	(	(	PUNCT
cjal-9251	550	23	may	may	PROPN
cjal-9251	550	24	11	11	NUM
cjal-9251	550	25	,	,	PUNCT
cjal-9251	550	26	2016	2016	NUM
cjal-9251	550	27	)	)	PUNCT
cjal-9251	550	28	,	,	PUNCT
cjal-9251	550	29	http://bit.ly/2t2avpv	http://bit.ly/2t2avpv	PROPN
cjal-9251	550	30	.	.	PROPN
cjal-9251	551	1	110	110	NUM
cjal-9251	551	2	accounting	accounting	NOUN
cjal-9251	551	3	and	and	CCONJ
cjal-9251	551	4	corporate	corporate	ADJ
cjal-9251	551	5	regulatory	regulatory	ADJ
cjal-9251	551	6	authority	authority	NOUN
cjal-9251	551	7	,	,	PUNCT
cjal-9251	551	8	supra	supra	PROPN
cjal-9251	551	9	note	note	PROPN
cjal-9251	551	10	157	157	NUM
cjal-9251	551	11	.	.	SYM
cjal-9251	551	12	111	111	NUM
cjal-9251	551	13	partnership	partnership	NOUN
cjal-9251	551	14	enterprise	enterprise	NOUN
cjal-9251	551	15	law	law	NOUN
cjal-9251	551	16	,	,	PUNCT
cjal-9251	551	17	supra	supra	PROPN
cjal-9251	551	18	note	note	NOUN
cjal-9251	551	19	126	126	NUM
cjal-9251	551	20	,	,	PUNCT
cjal-9251	551	21	at	at	ADP
cjal-9251	551	22	arts	art	NOUN
cjal-9251	551	23	.	.	PUNCT
cjal-9251	552	1	20	20	NUM
cjal-9251	552	2	,	,	PUNCT
cjal-9251	552	3	21	21	NUM
cjal-9251	552	4	,	,	PUNCT
cjal-9251	552	5	22	22	NUM
cjal-9251	552	6	.	.	PUNCT
cjal-9251	552	7	112	112	NUM
cjal-9251	552	8	see	see	VERB
cjal-9251	552	9	minshi	minshi	PROPN
cjal-9251	552	10	susong	susong	PROPN
cjal-9251	552	11	fa	fa	PROPN
cjal-9251	552	12	(	(	PUNCT
cjal-9251	552	13	~"jl'.i)i	~"jl'.i)i	ADP
cjal-9251	552	14	:	:	PUNCT
cjal-9251	552	15	i't}rt	i't}rt	NOUN
cjal-9251	552	16	;	;	PUNCT
cjal-9251	552	17	;)	;)	PUNCT
cjal-9251	553	1	[	[	X
cjal-9251	553	2	civil	civil	ADJ
cjal-9251	553	3	procedure	procedure	NOUN
cjal-9251	553	4	law	law	NOUN
cjal-9251	553	5	]	]	PUNCT
cjal-9251	553	6	(	(	PUNCT
cjal-9251	553	7	promulgated	promulgate	VERB
cjal-9251	553	8	by	by	ADP
cjal-9251	553	9	the	the	DET
cjal-9251	553	10	standing	standing	NOUN
cjal-9251	553	11	comm	comm	NOUN
cjal-9251	553	12	.	.	PUNCT
cjal-9251	554	1	of	of	ADP
cjal-9251	554	2	the	the	DET
cjal-9251	554	3	nat	nat	NOUN
cjal-9251	554	4	'	'	PUNCT
cjal-9251	554	5	!	!	PUNCT
cjal-9251	555	1	people	people	NOUN
cjal-9251	555	2	's	's	PART
cjal-9251	555	3	cong	cong	NOUN
cjal-9251	555	4	.	.	PUNCT
cjal-9251	555	5	,	,	PUNCT
cjal-9251	555	6	aug	aug	PROPN
cjal-9251	555	7	31	31	NUM
cjal-9251	555	8	,	,	PUNCT
cjal-9251	555	9	2012	2012	NUM
cjal-9251	555	10	,	,	PUNCT
cjal-9251	555	11	effective	effective	ADJ
cjal-9251	555	12	jan	jan	PROPN
cjal-9251	555	13	.	.	PROPN
cjal-9251	555	14	1	1	NUM
cjal-9251	555	15	,	,	PUNCT
cjal-9251	555	16	2013	2013	NUM
cjal-9251	555	17	)	)	PUNCT
cjal-9251	555	18	,	,	PUNCT
cjal-9251	555	19	art	art	NOUN
cjal-9251	555	20	.	.	PUNCT
cjal-9251	555	21	49	49	NUM
cjal-9251	555	22	,	,	PUNCT
cjal-9251	555	23	westlaw	westlaw	PROPN
cjal-9251	555	24	china	china	PROPN
cjal-9251	555	25	,	,	PUNCT
cjal-9251	555	26	available	available	ADJ
cjal-9251	555	27	at	at	ADP
cjal-9251	555	28	http://bit.ly/2tlsqgv	http://bit.ly/2tlsqgv	PROPN
cjal-9251	555	29	.	.	PUNCT
cjal-9251	556	1	11a	11a	NOUN
cjal-9251	556	2	partnership	partnership	NOUN
cjal-9251	556	3	enterprise	enterprise	NOUN
cjal-9251	556	4	law	law	NOUN
cjal-9251	556	5	,	,	PUNCT
cjal-9251	556	6	supra	supra	PROPN
cjal-9251	556	7	126	126	NUM
cjal-9251	556	8	,	,	PUNCT
cjal-9251	556	9	at	at	ADP
cjal-9251	556	10	art	art	NOUN
cjal-9251	556	11	.	.	PUNCT
cjal-9251	557	1	48	48	NUM
cjal-9251	557	2	.	.	X
cjal-9251	558	1	11•	11•	NUM
cjal-9251	559	1	i	i	PRON
cjal-9251	559	2	d.	d.	PROPN
cjal-9251	559	3	at	at	ADP
cjal-9251	559	4	art	art	NOUN
cjal-9251	559	5	.	.	PUNCT
cjal-9251	560	1	38	38	NUM
cjal-9251	560	2	.	.	X
cjal-9251	560	3	116	116	NUM
cjal-9251	560	4	see	see	VERB
cjal-9251	560	5	table	table	NOUN
cjal-9251	560	6	4	4	NUM
cjal-9251	560	7	,	,	PUNCT
cjal-9251	560	8	infra	infra	NOUN
cjal-9251	560	9	.	.	PUNCT
cjal-9251	561	1	116	116	NUM
cjal-9251	561	2	before	before	ADP
cjal-9251	561	3	the	the	DET
cjal-9251	561	4	rev	rev	PROPN
cjal-9251	561	5	ision	ision	NOUN
cjal-9251	561	6	of	of	ADP
cjal-9251	561	7	the	the	DET
cjal-9251	561	8	prc	prc	PROPN
cjal-9251	561	9	company	company	NOUN
cjal-9251	561	10	law	law	NOUN
cjal-9251	561	11	2005	2005	NUM
cjal-9251	561	12	,	,	PUNCT
cjal-9251	561	13	it	it	PRON
cjal-9251	561	14	was	be	AUX
cjal-9251	561	15	not	not	PART
cjal-9251	561	16	easy	easy	ADJ
cjal-9251	561	17	to	to	PART
cjal-9251	561	18	incorporate	incorporate	VERB
cjal-9251	561	19	a	a	DET
cjal-9251	561	20	com	com	NOUN
cjal-9251	561	21	pany	pany	NOUN
cjal-9251	561	22	in	in	ADP
cjal-9251	561	23	china	china	PROPN
cjal-9251	561	24	as	as	ADP
cjal-9251	561	25	the	the	DET
cjal-9251	561	26	minimum	minimum	ADJ
cjal-9251	561	27	capital	capital	NOUN
cjal-9251	561	28	required	require	VERB
cjal-9251	561	29	for	for	ADP
cjal-9251	561	30	the	the	DET
cjal-9251	561	31	limited	limited	ADJ
cjal-9251	561	32	liability	liability	NOUN
cjal-9251	561	33	company	company	NOUN
cjal-9251	561	34	a	a	DET
cjal-9251	561	35	nd	nd	NOUN
cjal-9251	561	36	the	the	DET
cjal-9251	561	37	joint	joint	ADJ
cjal-9251	561	38	stock	stock	NOUN
cjal-9251	561	39	company	company	NOUN
cjal-9251	561	40	was	be	AUX
cjal-9251	561	41	rmb	rmb	NOUN
cjal-9251	561	42	30,000	30,000	NUM
cjal-9251	561	43	and	and	CCONJ
cjal-9251	561	44	rmb	rmb	VERB
cjal-9251	561	45	5	5	NUM
cjal-9251	561	46	million	million	NUM
cjal-9251	561	47	respectively	respectively	ADV
cjal-9251	561	48	.	.	PUNCT
cjal-9251	562	1	see	see	VERB
cjal-9251	562	2	jichun	jichun	PROPN
cjal-9251	562	3	shi	shi	PROPN
cjal-9251	562	4	,	,	PUNCT
cjal-9251	562	5	how	how	SCONJ
cjal-9251	562	6	chinese	chinese	ADJ
cjal-9251	562	7	enterprises	enterprise	NOUN
cjal-9251	562	8	to	to	PART
cjal-9251	562	9	live	live	VERB
cjal-9251	562	10	to	to	ADP
cjal-9251	562	11	freedom	freedom	NOUN
cjal-9251	562	12	and	and	CCONJ
cjal-9251	562	13	competition	competition	NOUN
cjal-9251	562	14	:	:	PUNCT
cjal-9251	562	15	further	further	ADJ
cjal-9251	562	16	integration	integration	NOUN
cjal-9251	562	17	of	of	ADP
cjal-9251	562	18	the	the	DET
cjal-9251	562	19	corporate	corporate	ADJ
cjal-9251	562	20	law	law	NOUN
cjal-9251	562	21	and	and	CCONJ
cjal-9251	562	22	competition	competition	NOUN
cjal-9251	562	23	law	law	NOUN
cjal-9251	562	24	of	of	ADP
cjal-9251	562	25	china	china	PROPN
cjal-9251	562	26	with	with	ADP
cjal-9251	562	27	global	global	ADJ
cjal-9251	562	28	standards	standard	NOUN
cjal-9251	562	29	13	13	NUM
cjal-9251	562	30	-	-	SYM
cjal-9251	562	31	14	14	NUM
cjal-9251	562	32	(	(	PUNCT
cjal-9251	562	33	nyu	nyu	PROPN
cjal-9251	562	34	global	global	PROPN
cjal-9251	562	35	fellows	fellows	PROPN
cjal-9251	562	36	program	program	PROPN
cjal-9251	562	37	,	,	PUNCT
cjal-9251	562	38	oct	oct	PROPN
cjal-9251	562	39	.	.	PROPN
cjal-9251	562	40	25	25	NUM
cjal-9251	562	41	,	,	PUNCT
cjal-9251	562	42	2006	2006	NUM
cjal-9251	562	43	)	)	PUNCT
cjal-9251	562	44	,	,	PUNCT
cjal-9251	562	45	http://bit.ly/2tzlxn4	http://bit.ly/2tzlxn4	PROPN
cjal-9251	562	46	.	.	PUNCT
cjal-9251	563	1	for	for	ADP
cjal-9251	563	2	tax	tax	NOUN
cjal-9251	563	3	issues	issue	NOUN
cjal-9251	563	4	,	,	PUNCT
cjal-9251	563	5	see	see	VERB
cjal-9251	563	6	nancy	nancy	PROPN
cjal-9251	563	7	marsh	marsh	PROPN
cjal-9251	563	8	et	et	PROPN
cjal-9251	563	9	al	al	PROPN
cjal-9251	563	10	,	,	PUNCT
cjal-9251	563	11	parr.-lersidps	parr.-lersidps	PROPN
cjal-9251	563	12	in	in	ADP
cjal-9251	563	13	china	china	PROPN
cjal-9251	563	14	:	:	PUNCT
cjal-9251	563	15	the	the	DET
cjal-9251	563	16	new	new	ADJ
cjal-9251	563	17	frontier	frontier	NOUN
cjal-9251	563	18	,	,	PUNCT
cjal-9251	563	19	par	par	NOUN
cjal-9251	563	20	.	.	PUNCT
cjal-9251	564	1	5.1	5.1	NUM
cjal-9251	564	2	(	(	PUNCT
cjal-9251	564	3	2008	2008	NUM
cjal-9251	564	4	)	)	PUNCT
cjal-9251	564	5	,	,	PUNCT
cjal-9251	565	1	http://bit	http://bit	PROPN
cjal-9251	565	2	.	.	PUNCT
cjal-9251	566	1	ly/2t1f78q	ly/2t1f78q	ADV
cjal-9251	566	2	.	.	PUNCT
cjal-9251	567	1	184	184	NUM
cjal-9251	567	2	columbia	columbia	PROPN
cjal-9251	567	3	journal	journal	PROPN
cjal-9251	567	4	of	of	ADP
cjal-9251	567	5	asian	asian	ADJ
cjal-9251	567	6	law	law	NOUN
cjal-9251	568	1	[	[	X
cjal-9251	568	2	vol	vol	NOUN
cjal-9251	568	3	.	.	NOUN
cjal-9251	568	4	30:160	30:160	NUM
cjal-9251	568	5	burden.1	burden.1	NOUN
cjal-9251	568	6	11	11	NUM
cjal-9251	568	7	as	as	ADP
cjal-9251	568	8	for	for	ADP
cjal-9251	568	9	the	the	DET
cjal-9251	568	10	trust	trust	NOUN
cjal-9251	568	11	-	-	PUNCT
cjal-9251	568	12	type	type	NOUN
cjal-9251	568	13	fund	fund	NOUN
cjal-9251	568	14	,	,	PUNCT
cjal-9251	568	15	178	178	NUM
cjal-9251	568	16	although	although	SCONJ
cjal-9251	568	17	it	it	PRON
cjal-9251	568	18	also	also	ADV
cjal-9251	568	19	enjoys	enjoy	VERB
cjal-9251	568	20	passthrough	passthrough	PROPN
cjal-9251	568	21	tax	tax	NOUN
cjal-9251	568	22	treatment	treatment	NOUN
cjal-9251	568	23	,	,	PUNCT
cjal-9251	568	24	119	119	NUM
cjal-9251	568	25	due	due	ADP
cjal-9251	568	26	to	to	ADP
cjal-9251	568	27	th	th	NUM
cjal-9251	568	28	e	e	NOUN
cjal-9251	568	29	complex	complex	ADJ
cjal-9251	568	30	structure	structure	NOUN
cjal-9251	568	31	,	,	PUNCT
cjal-9251	568	32	insufficient	insufficient	ADJ
cjal-9251	568	33	protection	protection	NOUN
cjal-9251	568	34	to	to	ADP
cjal-9251	568	35	investors	investor	NOUN
cjal-9251	568	36	,	,	PUNCT
cjal-9251	568	37	180	180	NUM
cjal-9251	568	38	as	as	ADV
cjal-9251	568	39	well	well	ADV
cjal-9251	568	40	as	as	ADP
cjal-9251	568	41	the	the	DET
cjal-9251	568	42	lack	lack	NOUN
cjal-9251	568	43	of	of	ADP
cjal-9251	568	44	registration	registration	NOUN
cjal-9251	568	45	regime	regime	NOUN
cjal-9251	568	46	,	,	PUNCT
cjal-9251	568	47	181	181	NUM
cjal-9251	568	48	it	it	PRON
cjal-9251	568	49	has	have	AUX
cjal-9251	568	50	not	not	PART
cjal-9251	568	51	been	be	AUX
cjal-9251	568	52	a	a	DET
cjal-9251	568	53	popular	popular	ADJ
cjal-9251	568	54	business	business	NOUN
cjal-9251	568	55	form	form	NOUN
cjal-9251	568	56	for	for	ADP
cjal-9251	568	57	fund	fund	NOUN
cjal-9251	568	58	raising	raising	NOUN
cjal-9251	568	59	in	in	ADP
cjal-9251	568	60	china	china	PROPN
cjal-9251	568	61	.	.	PUNCT
cjal-9251	569	1	182	182	NUM
cjal-9251	569	2	table	table	NOUN
cjal-9251	569	3	5	5	NUM
cjal-9251	569	4	:	:	PUNCT
cjal-9251	569	5	proportion	proportion	NOUN
cjal-9251	569	6	of	of	ADP
cjal-9251	569	7	diff	diff	NOUN
cjal-9251	569	8	erent	erent	NOUN
cjal-9251	569	9	types	type	NOUN
cjal-9251	569	10	of	of	ADP
cjal-9251	569	11	business	business	NOUN
cjal-9251	569	12	forms	form	NOUN
cjal-9251	569	13	use	use	VERB
cjal-9251	569	14	d	d	NOUN
cjal-9251	569	15	for	for	ADP
cjal-9251	569	16	newly	newly	ADV
cjal-9251	569	17	raised	raise	VERB
cjal-9251	569	18	vc	vc	NOUN
cjal-9251	569	19	funds	fund	NOUN
cjal-9251	569	20	(	(	PUNCT
cjal-9251	569	21	2008	2008	NUM
cjal-9251	569	22	-	-	SYM
cjal-9251	569	23	2013	2013	NUM
cjal-9251	569	24	)	)	PUNCT
cjal-9251	569	25	183	183	NUM
cjal-9251	569	26	limited	limited	ADJ
cjal-9251	569	27	partnership	partnership	NOUN
cjal-9251	569	28	company	company	NOUN
cjal-9251	569	29	trust	trust	VERB
cjal-9251	569	30	others	other	NOUN
cjal-9251	569	31	total	total	VERB
cjal-9251	569	32	2013	2013	NUM
cjal-9251	569	33	68.96	68.96	NUM
cjal-9251	569	34	%	%	NOUN
cjal-9251	569	35	24.14	24.14	NUM
cjal-9251	569	36	%	%	NOUN
cjal-9251	569	37	0.00	0.00	NUM
cjal-9251	569	38	%	%	NOUN
cjal-9251	569	39	6.90	6.90	NUM
cjal-9251	569	40	%	%	NOUN
cjal-9251	569	41	100	100	NUM
cjal-9251	569	42	%	%	NOUN
cjal-9251	569	43	2012	2012	NUM
cjal-9251	569	44	57.50	57.50	NUM
cjal-9251	569	45	%	%	NOUN
cjal-9251	569	46	35.00	35.00	NUM
cjal-9251	569	47	%	%	NOUN
cjal-9251	569	48	5.00	5.00	NUM
cjal-9251	569	49	%	%	NOUN
cjal-9251	569	50	2.50	2.50	NUM
cjal-9251	569	51	%	%	NOUN
cjal-9251	569	52	100	100	NUM
cjal-9251	569	53	%	%	NOUN
cjal-9251	569	54	2011	2011	NUM
cjal-9251	569	55	69.64	69.64	NUM
cjal-9251	569	56	%	%	NOUN
cjal-9251	569	57	28	28	NUM
cjal-9251	569	58	.57	.57	NUM
cjal-9251	569	59	%	%	NOUN
cjal-9251	569	60	0.00	0.00	NUM
cjal-9251	569	61	%	%	NOUN
cjal-9251	569	62	1.79	1.79	NUM
cjal-9251	569	63	%	%	NOUN
cjal-9251	569	64	100	100	NUM
cjal-9251	569	65	%	%	NOUN
cjal-9251	569	66	2010	2010	NUM
cjal-9251	569	67	46.56	46.56	NUM
cjal-9251	569	68	%	%	NOUN
cjal-9251	569	69	45.80	45.80	NUM
cjal-9251	569	70	%	%	NOUN
cjal-9251	569	71	1.53	1.53	NUM
cjal-9251	569	72	%	%	NOUN
cjal-9251	569	73	6.11	6.11	NUM
cjal-9251	569	74	%	%	NOUN
cjal-9251	569	75	100	100	NUM
cjal-9251	569	76	%	%	NOUN
cjal-9251	569	77	2009	2009	NUM
cjal-9251	569	78	25.20	25.20	NUM
cjal-9251	569	79	%	%	NOUN
cjal-9251	569	80	67.48	67.48	NUM
cjal-9251	569	81	%	%	NOUN
cjal-9251	569	82	3.25	3.25	NUM
cjal-9251	569	83	%	%	NOUN
cjal-9251	569	84	4.07	4.07	NUM
cjal-9251	569	85	%	%	NOUN
cjal-9251	569	86	100	100	NUM
cjal-9251	569	87	%	%	NOUN
cjal-9251	569	88	2008	2008	NUM
cjal-9251	569	89	51.19	51.19	NUM
cjal-9251	569	90	%	%	NOUN
cjal-9251	569	91	39.29	39.29	NUM
cjal-9251	569	92	%	%	NOUN
cjal-9251	569	93	4.76	4.76	NUM
cjal-9251	569	94	%	%	NOUN
cjal-9251	569	95	4.76	4.76	NUM
cjal-9251	569	96	%	%	NOUN
cjal-9251	569	97	100	100	NUM
cjal-9251	569	98	%	%	NOUN
cjal-9251	569	99	m	m	NOUN
cjal-9251	569	100	marsh	marsh	PROPN
cjal-9251	569	101	,	,	PUNCT
cjal-9251	569	102	supra	supra	PROPN
cjal-9251	569	103	note	note	PROPN
cjal-9251	569	104	176	176	NUM
cjal-9251	569	105	.	.	PUNCT
cjal-9251	570	1	before	before	ADP
cjal-9251	570	2	2000	2000	NUM
cjal-9251	570	3	,	,	PUNCT
cjal-9251	570	4	the	the	DET
cjal-9251	570	5	prc	prc	PROPN
cjal-9251	570	6	partnership	partnership	NOUN
cjal-9251	570	7	enterprise	enterprise	NOUN
cjal-9251	570	8	was	be	AUX
cjal-9251	570	9	subject	subject	ADJ
cjal-9251	570	10	to	to	ADP
cjal-9251	570	11	taxation	taxation	NOUN
cjal-9251	570	12	both	both	CCONJ
cjal-9251	570	13	at	at	ADP
cjal-9251	570	14	the	the	DET
cjal-9251	570	15	enterpri	enterpri	PROPN
cjal-9251	570	16	se	se	PROPN
cjal-9251	570	17	leve	leve	PROPN
cjal-9251	570	18	l	l	PROPN
cjal-9251	570	19	and	and	CCONJ
cjal-9251	570	20	upon	upon	SCONJ
cjal-9251	570	21	distribution	distribution	NOUN
cjal-9251	570	22	.	.	PUNCT
cjal-9251	571	1	since	since	SCONJ
cjal-9251	571	2	2000	2000	NUM
cjal-9251	571	3	,	,	PUNCT
cjal-9251	571	4	the	the	DET
cjal-9251	571	5	partnership	partnership	NOUN
cjal-9251	571	6	enterprise	enterprise	NOUN
cjal-9251	571	7	has	have	AUX
cjal-9251	571	8	become	become	VERB
cjal-9251	571	9	tax	tax	NOUN
cjal-9251	571	10	transparent	transparent	ADJ
cjal-9251	571	11	.	.	PUNCT
cjal-9251	572	1	118	118	NUM
cjal-9251	572	2	the	the	DET
cjal-9251	572	3	trust	trust	NOUN
cjal-9251	572	4	-	-	PUNCT
cjal-9251	572	5	type	type	NOUN
cjal-9251	572	6	fund	fund	NOUN
cjal-9251	572	7	emerged	emerge	VERB
cjal-9251	572	8	in	in	ADP
cjal-9251	572	9	china	china	PROPN
cjal-9251	572	10	in	in	ADP
cjal-9251	572	11	2008	2008	NUM
cjal-9251	572	12	.	.	PUNCT
cjal-9251	573	1	it	it	PRON
cjal-9251	573	2	is	be	AUX
cjal-9251	573	3	regulated	regulate	VERB
cjal-9251	573	4	by	by	ADP
cjal-9251	573	5	xintuo	xintuo	PROPN
cjal-9251	573	6	gongsi	gongsi	PROPN
cjal-9251	573	7	siren	siren	PROPN
cjal-9251	573	8	guquan	guquan	PROPN
cjal-9251	573	9	touzi	touzi	PROPN
cjal-9251	573	10	xintuo	xintuo	PROPN
cjal-9251	573	11	yewu	yewu	PROPN
cjal-9251	573	12	caoz	caoz	PROPN
cjal-9251	573	13	uo	uo	PROPN
cjal-9251	573	14	zhiyin	zhiyin	PROPN
cjal-9251	573	15	(	(	PUNCT
cjal-9251	573	16	{	{	PUNCT
cjal-9251	573	17	gff:;0"i'i.lfl	gff:;0"i'i.lfl	NOUN
cjal-9251	573	18	..	..	SYM
cjal-9251	573	19	a.lllttiln:~tthf:~~w!ffid•11	a.lllttiln:~tthf:~~w!ffid•11	PROPN
cjal-9251	573	20	)	)	PUNCT
cjal-9251	574	1	[	[	X
cjal-9251	574	2	operational	operational	ADJ
cjal-9251	574	3	guidelines	guideline	NOUN
cjal-9251	574	4	for	for	ADP
cjal-9251	574	5	private	private	ADJ
cjal-9251	574	6	equity	equity	NOUN
cjal-9251	574	7	inve	inve	NOUN
cjal-9251	574	8	stment	stment	PROPN
cjal-9251	574	9	business	business	PROPN
cjal-9251	574	10	trust	trust	PROPN
cjal-9251	574	11	companies	company	NOUN
cjal-9251	574	12	]	]	PUNCT
cjal-9251	574	13	(	(	PUNCT
cjal-9251	574	14	promulgated	promulgate	VERB
cjal-9251	574	15	by	by	ADP
cjal-9251	574	16	the	the	DET
cjal-9251	574	17	china	china	PROPN
cjal-9251	574	18	banking	banking	PROPN
cjal-9251	574	19	reg	reg	PROPN
cjal-9251	574	20	.	.	PUNCT
cjal-9251	575	1	comm	comm	NOUN
cjal-9251	575	2	.	.	PUNCT
cjal-9251	575	3	,	,	PUNCT
cjal-9251	575	4	june	june	PROPN
cjal-9251	575	5	25	25	NUM
cjal-9251	575	6	,	,	PUNCT
cjal-9251	575	7	2008	2008	NUM
cjal-9251	575	8	,	,	PUNCT
cjal-9251	575	9	effective	effective	ADJ
cjal-9251	575	10	,	,	PUNCT
cjal-9251	575	11	june	june	PROPN
cjal-9251	575	12	25	25	NUM
cjal-9251	575	13	,	,	PUNCT
cjal-9251	575	14	2008	2008	NUM
cjal-9251	575	15	)	)	PUNCT
cjal-9251	575	16	,	,	PUNCT
cjal-9251	575	17	http://bit.ly/2txnf68	http://bit.ly/2txnf68	PROPN
cjal-9251	575	18	.	.	PROPN
cjal-9251	575	19	m	m	PROPN
cjal-9251	575	20	deloitte	deloitte	PROPN
cjal-9251	575	21	,	,	PUNCT
cjal-9251	575	22	new	new	ADJ
cjal-9251	575	23	belgium	belgium	PROPN
cjal-9251	575	24	-	-	PUNCT
cjal-9251	575	25	china	china	PROPN
cjal-9251	575	26	income	income	PROPN
cjal-9251	575	27	tax	tax	NOUN
cjal-9251	575	28	treaty	treaty	NOUN
cjal-9251	575	29	applicable	applicable	ADJ
cjal-9251	575	30	as	as	ADP
cjal-9251	575	31	of	of	ADP
cjal-9251	575	32	1	1	NUM
cjal-9251	575	33	ja	ja	PROPN
cjal-9251	575	34	,	,	PUNCT
cjal-9251	575	35	wary	wary	ADJ
cjal-9251	575	36	2014	2014	NUM
cjal-9251	575	37	,	,	PUNCT
cjal-9251	575	38	2	2	NUM
cjal-9251	575	39	(	(	PUNCT
cjal-9251	575	40	jan	jan	PROPN
cjal-9251	575	41	.	.	PROPN
cjal-9251	575	42	27	27	NUM
cjal-9251	575	43	,	,	PUNCT
cjal-9251	575	44	2014	2014	NUM
cjal-9251	575	45	)	)	PUNCT
cjal-9251	575	46	,	,	PUNCT
cjal-9251	575	47	http	http	ADV
cjal-9251	575	48	:	:	PUNCT
cjal-9251	575	49	//bit.ly	//bit.ly	PUNCT
cjal-9251	575	50	/	/	SYM
cjal-9251	575	51	liqu98h	liqu98h	NOUN
cjal-9251	575	52	.	.	NOUN
cjal-9251	576	1	180	180	NUM
cjal-9251	576	2	for	for	ADP
cjal-9251	576	3	example	example	NOUN
cjal-9251	576	4	,	,	PUNCT
cjal-9251	576	5	in	in	ADP
cjal-9251	576	6	contrast	contrast	NOUN
cjal-9251	576	7	with	with	ADP
cjal-9251	576	8	gps	gps	NOUN
cjal-9251	576	9	,	,	PUNCT
cjal-9251	576	10	trustee	trustee	NOUN
cjal-9251	576	11	companies	company	NOUN
cjal-9251	576	12	do	do	AUX
cjal-9251	576	13	not	not	PART
cjal-9251	576	14	bear	bear	VERB
cjal-9251	576	15	unlimited	unlimited	ADJ
cjal-9251	576	16	liability	liability	NOUN
cjal-9251	576	17	.	.	PUNCT
cjal-9251	577	1	such	such	ADJ
cjal-9251	577	2	companies	company	NOUN
cjal-9251	577	3	only	only	ADV
cjal-9251	577	4	bear	bear	VERB
cjal-9251	577	5	unlimit	unlimit	ADJ
cjal-9251	577	6	ed	ed	PROPN
cjal-9251	577	7	liab	liab	PROPN
cjal-9251	577	8	ility	ility	NOUN
cjal-9251	577	9	in	in	ADP
cjal-9251	577	10	specific	specific	ADJ
cjal-9251	577	11	situations	situation	NOUN
cjal-9251	577	12	,	,	PUNCT
cjal-9251	577	13	such	such	ADJ
cjal-9251	577	14	as	as	ADP
cjal-9251	577	15	illegal	illegal	ADJ
cjal-9251	577	16	activities	activity	NOUN
cjal-9251	577	17	or	or	CCONJ
cjal-9251	577	18	breach	breach	NOUN
cjal-9251	577	19	of	of	ADP
cjal-9251	577	20	the	the	DET
cjal-9251	577	21	trust	trust	NOUN
cjal-9251	577	22	agreement	agreement	NOUN
cjal-9251	577	23	,	,	PUNCT
cjal-9251	577	24	while	while	SCONJ
cjal-9251	577	25	bearing	bear	VERB
cjal-9251	577	26	no	no	DET
cjal-9251	577	27	liability	liability	NOUN
cjal-9251	577	28	for	for	ADP
cjal-9251	577	29	any	any	DET
cjal-9251	577	30	failures	failure	NOUN
cjal-9251	577	31	under	under	ADP
cjal-9251	577	32	ordinary	ordinary	ADJ
cjal-9251	577	33	operating	operating	NOUN
cjal-9251	577	34	situations	situation	NOUN
cjal-9251	577	35	.	.	PUNCT
cjal-9251	578	1	as	as	SCONJ
cjal-9251	578	2	such	such	ADJ
cjal-9251	578	3	,	,	PUNCT
cjal-9251	578	4	the	the	DET
cjal-9251	578	5	accountability	accountability	NOUN
cjal-9251	578	6	of	of	ADP
cjal-9251	578	7	the	the	DET
cjal-9251	578	8	tr	tr	PUNCT
cjal-9251	578	9	ustee	ustee	NOUN
cjal-9251	578	10	company	company	NOUN
cjal-9251	578	11	towards	towards	ADP
cjal-9251	578	12	the	the	DET
cjal-9251	578	13	fund	fund	NOUN
cjal-9251	578	14	is	be	AUX
cjal-9251	578	15	limited	limited	ADJ
cjal-9251	578	16	.	.	PUNCT
cjal-9251	579	1	see	see	VERB
cjal-9251	579	2	jianbo	jianbo	PROPN
cjal-9251	579	3	lou	lou	PROPN
cjal-9251	579	4	,	,	PUNCT
cjal-9251	579	5	an	an	DET
cjal-9251	579	6	overview	overview	NOUN
cjal-9251	579	7	of	of	ADP
cjal-9251	579	8	prc	prc	PROPN
cjal-9251	579	9	trust	trust	NOUN
cjal-9251	579	10	law	law	NOUN
cjal-9251	579	11	and	and	CCONJ
cjal-9251	579	12	trust	trust	NOUN
cjal-9251	579	13	business	business	NOUN
cjal-9251	579	14	,	,	PUNCT
cjal-9251	579	15	6	6	NUM
cjal-9251	579	16	-	-	SYM
cjal-9251	579	17	7	7	NUM
cjal-9251	579	18	(	(	PUNCT
cjal-9251	579	19	unpublished	unpublished	ADJ
cjal-9251	579	20	manu	manu	PROPN
cjal-9251	579	21	script	script	NOUN
cjal-9251	579	22	)	)	PUNCT
cjal-9251	579	23	,	,	PUNCT
cjal-9251	579	24	http	http	ADV
cjal-9251	579	25	:	:	PUNCT
cjal-9251	579	26	//bit.ly	//bit.ly	PUNCT
cjal-9251	580	1	/2tmcyrx	/2tmcyrx	NOUN
cjal-9251	580	2	.	.	PUNCT
cjal-9251	581	1	181	181	NUM
cjal-9251	581	2	as	as	SCONJ
cjal-9251	581	3	the	the	DET
cjal-9251	581	4	trust	trust	NOUN
cjal-9251	581	5	regime	regime	NOUN
cjal-9251	581	6	lacks	lack	VERB
cjal-9251	581	7	a	a	DET
cjal-9251	581	8	compul	compul	NOUN
cjal-9251	581	9	sory	sory	ADJ
cjal-9251	581	10	public	public	ADJ
cjal-9251	581	11	registry	registry	NOUN
cjal-9251	581	12	,	,	PUNCT
cjal-9251	581	13	the	the	DET
cjal-9251	581	14	identity	identity	NOUN
cjal-9251	581	15	of	of	ADP
cjal-9251	581	16	the	the	DET
cjal-9251	581	17	beneficiaries	beneficiary	NOUN
cjal-9251	581	18	can	can	AUX
cjal-9251	581	19	not	not	PART
cjal-9251	581	20	be	be	AUX
cjal-9251	581	21	determined	determine	VERB
cjal-9251	581	22	,	,	PUNCT
cjal-9251	581	23	and	and	CCONJ
cjal-9251	581	24	this	this	PRON
cjal-9251	581	25	becomes	become	VERB
cjal-9251	581	26	an	an	DET
cjal-9251	581	27	obstacle	obstacle	NOUN
cjal-9251	581	28	when	when	SCONJ
cjal-9251	581	29	the	the	DET
cjal-9251	581	30	portfolio	portfolio	NOUN
cjal-9251	581	31	company	company	NOUN
cjal-9251	581	32	of	of	ADP
cjal-9251	581	33	the	the	DET
cjal-9251	581	34	trust	trust	NOUN
cjal-9251	581	35	-	-	PUNCT
cjal-9251	581	36	type	type	NOUN
cjal-9251	581	37	vc	vc	PROPN
cjal-9251	581	38	fund	fund	NOUN
cjal-9251	581	39	wants	want	VERB
cjal-9251	581	40	to	to	PART
cjal-9251	581	41	conduct	conduct	VERB
cjal-9251	581	42	an	an	DET
cjal-9251	581	43	ipo	ipo	NOUN
cjal-9251	581	44	in	in	ADP
cjal-9251	581	45	china	china	PROPN
cjal-9251	581	46	.	.	PUNCT
cjal-9251	582	1	csrc	csrc	PROPN
cjal-9251	582	2	requires	require	VERB
cjal-9251	582	3	prelisted	preliste	VERB
cjal-9251	582	4	companies	company	NOUN
cjal-9251	582	5	to	to	PART
cjal-9251	582	6	retire	retire	VERB
cjal-9251	582	7	any	any	DET
cjal-9251	582	8	shares	share	NOUN
cjal-9251	582	9	held	hold	VERB
cjal-9251	582	10	by	by	ADP
cjal-9251	582	11	trustee	trustee	NOUN
cjal-9251	582	12	companies	company	NOUN
cjal-9251	582	13	.	.	PUNCT
cjal-9251	583	1	see	see	VERB
cjal-9251	583	2	zhongguo	zhongguo	PROPN
cjal-9251	583	3	xintuo	xintuo	PROPN
cjal-9251	583	4	yexiehui	yexiehui	PROPN
cjal-9251	583	5	(	(	PUNCT
cjal-9251	583	6	'	'	PUNCT
cjal-9251	583	7	f	f	X
cjal-9251	583	8	'	'	PUNCT
cjal-9251	583	9	l]ilfgff:;~ld:11'~	l]ilfgff:;~ld:11'~	PROPN
cjal-9251	583	10	)	)	PUNCT
cjal-9251	584	1	[	[	X
cjal-9251	584	2	chin	chin	NOUN
cjal-9251	584	3	a	a	DET
cjal-9251	584	4	trust	trust	NOUN
cjal-9251	584	5	indu	indu	NOUN
cjal-9251	584	6	st	st	PROPN
cjal-9251	584	7	ry	ry	PROPN
cjal-9251	584	8	assoc	assoc	PROPN
cjal-9251	584	9	iati	iati	PROPN
cjal-9251	584	10	on	on	ADP
cjal-9251	584	11	]	]	PUNCT
cjal-9251	584	12	,	,	PUNCT
cjal-9251	584	13	hangye	hangye	NOUN
cjal-9251	584	14	fazhan	fazhan	NOUN
cjal-9251	584	15	baogao	baogao	VERB
cjal-9251	584	16	zhi	zhi	PROPN
cjal-9251	584	17	chanpin	chanpin	PROPN
cjal-9251	584	18	pian	pian	PROPN
cjal-9251	584	19	:	:	PUNCT
cjal-9251	584	20	sir	sir	PROPN
cjal-9251	584	21	en	en	PROPN
cjal-9251	584	22	guquan	guquan	PROPN
cjal-9251	584	23	touzi	touzi	PROPN
cjal-9251	584	24	xintuo	xintuo	PROPN
cjal-9251	584	25	(	(	PUNCT
cjal-9251	584	26	ff~?.it.llhll'crz.r'"i\1~	ff~?.it.llhll'crz.r'"i\1~	PROPN
cjal-9251	584	27	:	:	PUNCT
cjal-9251	584	28	fl	fl	NOUN
cjal-9251	584	29	..	..	PUNCT
cjal-9251	584	30	a.lllt	a.lllt	VERB
cjal-9251	584	31	~	~	SYM
cjal-9251	584	32	n	n	CCONJ
cjal-9251	584	33	:	:	PUNCT
cjal-9251	584	34	l:!h	l:!h	NOUN
cjal-9251	584	35	~	~	SYM
cjal-9251	584	36	tf	tf	NOUN
cjal-9251	584	37	:)	:)	NOUN
cjal-9251	584	38	[	[	X
cjal-9251	584	39	industry	industry	NOUN
cjal-9251	584	40	development	development	NOUN
cjal-9251	584	41	report	report	NOUN
cjal-9251	584	42	on	on	ADP
cjal-9251	584	43	products	product	NOUN
cjal-9251	584	44	:	:	PUNCT
cjal-9251	584	45	private	private	ADJ
cjal-9251	584	46	equity	equity	NOUN
cjal-9251	584	47	in	in	ADP
cjal-9251	584	48	uestnient	uestnient	PROPN
cjal-9251	584	49	trust	trust	PROPN
cjal-9251	584	50	]	]	PUNCT
cjal-9251	584	51	,	,	PUNCT
cjal-9251	584	52	xinlang	xinlang	PROPN
cjal-9251	584	53	caijing	caijing	PROPN
cjal-9251	584	54	(	(	PUNCT
cjal-9251	584	55	~ito	~ito	X
cjal-9251	584	56	.	.	PUNCT
cjal-9251	584	57	'f~	'f~	X
cjal-9251	584	58	)	)	PUNCT
cjal-9251	585	1	[	[	X
cjal-9251	585	2	sina	sina	PROPN
cjal-9251	585	3	finakce	finakce	PROPN
cjal-9251	585	4	]	]	PUNCT
cjal-9251	585	5	(	(	PUNCT
cjal-9251	585	6	nov	nov	PROPN
cjal-9251	585	7	.	.	PROPN
cjal-9251	585	8	10	10	NUM
cjal-9251	585	9	,	,	PUNCT
cjal-9251	585	10	2016	2016	NUM
cjal-9251	585	11	)	)	PUNCT
cjal-9251	585	12	,	,	PUNCT
cjal-9251	586	1	h	h	NOUN
cjal-9251	586	2	tt	tt	PROPN
cjal-9251	586	3	p://bit.ly/2tvgk2z	p://bit.ly/2tvgk2z	PROPN
cjal-9251	586	4	.	.	PROPN
cjal-9251	586	5	182	182	NUM
cjal-9251	586	6	see	see	VERB
cjal-9251	586	7	table	table	NOUN
cjal-9251	586	8	5	5	NUM
cjal-9251	586	9	,	,	PUNCT
cjal-9251	586	10	infra	infra	NOUN
cjal-9251	586	11	.	.	PUNCT
cjal-9251	587	1	l83	l83	PROPN
cjal-9251	587	2	see	see	VERB
cjal-9251	587	3	china	china	PROPN
cjal-9251	587	4	cons'l'ructjon	cons'l'ructjon	PROPN
cjal-9251	587	5	press	press	PROPN
cjal-9251	587	6	,	,	PUNCT
cjal-9251	587	7	china	china	PROPN
cjal-9251	587	8	venture	venture	PROPN
cjal-9251	587	9	capital	capital	PROPN
cjal-9251	587	10	a.	a.	PROPN
cjal-9251	587	11	'\'l\'ual	'\'l\'ual	PROPN
cjal-9251	587	12	reports	report	VERB
cjal-9251	587	13	2008	2008	NUM
cjal-9251	587	14	-	-	SYM
cjal-9251	587	15	2013	2013	NUM
cjal-9251	587	16	(	(	PUNCT
cjal-9251	587	17	on	on	ADP
cjal-9251	587	18	file	file	NOUN
cjal-9251	587	19	with	with	ADP
cjal-9251	587	20	author	author	NOUN
cjal-9251	587	21	)	)	PUNCT
cjal-9251	587	22	.	.	PUNCT
cjal-9251	588	1	the	the	DET
cjal-9251	588	2	sample	sample	NOUN
cjal-9251	588	3	size	size	NOUN
cjal-9251	588	4	for	for	ADP
cjal-9251	588	5	the	the	DET
cjal-9251	588	6	years	year	NOUN
cjal-9251	588	7	2008	2008	NUM
cjal-9251	588	8	to	to	ADP
cjal-9251	588	9	2013	2013	NUM
cjal-9251	588	10	is	be	AUX
cjal-9251	588	11	84	84	NUM
cjal-9251	588	12	123	123	NUM
cjal-9251	588	13	131	131	NUM
cjal-9251	588	14	112	112	NUM
cjal-9251	588	15	,	,	PUNCT
cjal-9251	588	16	40	40	NUM
cjal-9251	588	17	and	and	CCONJ
cjal-9251	588	18	29	29	NUM
cjal-9251	588	19	respectively	respectively	ADV
cjal-9251	588	20	.	.	PUNCT
cjal-9251	588	21	.	.	PUNCT
cjal-9251	588	22	'	'	PUNCT
cjal-9251	588	23	'	'	PUNCT
cjal-9251	588	24	'	'	NUM
cjal-9251	588	25	2017	2017	NUM
cjal-9251	588	26	]	]	PUNCT
cjal-9251	588	27	engineering	engineer	VERB
cjal-9251	588	28	a	a	DET
cjal-9251	588	29	venture	venture	NOUN
cjal-9251	588	30	capital	capital	NOUN
cjal-9251	588	31	market	market	NOUN
cjal-9251	588	32	185	185	NUM
cjal-9251	588	33	2	2	NUM
cjal-9251	588	34	.	.	PUNCT
cjal-9251	589	1	introduction	introduction	NOUN
cjal-9251	589	2	of	of	ADP
cjal-9251	589	3	foreign	foreign	ADJ
cjal-9251	589	4	-	-	PUNCT
cjal-9251	589	5	invested	invest	VERB
cjal-9251	589	6	limited	limited	ADJ
cjal-9251	589	7	partn	partn	ADJ
cjal-9251	589	8	ership	ership	NOUN
cjal-9251	589	9	to	to	PART
cjal-9251	589	10	allow	allow	VERB
cjal-9251	589	11	foreign	foreign	ADJ
cjal-9251	589	12	investors	investor	NOUN
cjal-9251	589	13	to	to	PART
cjal-9251	589	14	use	use	VERB
cjal-9251	589	15	the	the	DET
cjal-9251	589	16	limited	limited	ADJ
cjal-9251	589	17	partnership	partnership	NOUN
cjal-9251	589	18	in	in	ADP
cjal-9251	589	19	raising	raise	VERB
cjal-9251	589	20	funds	fund	NOUN
cjal-9251	589	21	,	,	PUNCT
cjal-9251	589	22	the	the	DET
cjal-9251	589	23	state	state	NOUN
cjal-9251	589	24	council	council	PROPN
cjal-9251	589	25	issued	issue	VERB
cjal-9251	589	26	a	a	DET
cjal-9251	589	27	new	new	ADJ
cjal-9251	589	28	measure	measure	NOUN
cjal-9251	589	29	to	to	PART
cjal-9251	589	30	allow	allow	VERB
cjal-9251	589	31	foreign	foreign	ADJ
cjal-9251	589	32	venture	venture	NOUN
cjal-9251	589	33	capitalists	capitalist	NOUN
cjal-9251	589	34	and	and	CCONJ
cjal-9251	589	35	investors	investor	NOUN
cjal-9251	589	36	to	to	PART
cjal-9251	589	37	set	set	VERB
cjal-9251	589	38	up	up	ADP
cjal-9251	589	39	a	a	DET
cjal-9251	589	40	foreign	foreign	ADJ
cjal-9251	589	41	invested	invest	VERB
cjal-9251	589	42	limited	limited	ADJ
cjal-9251	589	43	partnership	partnership	NOUN
cjal-9251	589	44	(	(	PUNCT
cjal-9251	589	45	filp	filp	PROPN
cjal-9251	589	46	)	)	PUNCT
cjal-9251	589	47	.	.	PUNCT
cjal-9251	590	1	184	184	NUM
cjal-9251	590	2	it	it	PRON
cjal-9251	590	3	offers	offer	VERB
cjal-9251	590	4	a	a	DET
cjal-9251	590	5	new	new	ADJ
cjal-9251	590	6	business	business	NOUN
cjal-9251	590	7	vehicle	vehicle	NOUN
cjal-9251	590	8	for	for	SCONJ
cjal-9251	590	9	foreigners	foreigner	NOUN
cjal-9251	590	10	to	to	PART
cjal-9251	590	11	raise	raise	VERB
cjal-9251	590	12	vc	vc	NOUN
cjal-9251	590	13	funds	fund	NOUN
cjal-9251	590	14	in	in	ADP
cjal-9251	590	15	china	china	PROPN
cjal-9251	590	16	.	.	PUNCT
cjal-9251	591	1	prior	prior	ADV
cjal-9251	591	2	to	to	ADP
cjal-9251	591	3	this	this	PRON
cjal-9251	591	4	,	,	PUNCT
cjal-9251	591	5	one	one	NUM
cjal-9251	591	6	of	of	ADP
cjal-9251	591	7	the	the	DET
cjal-9251	591	8	popular	popular	ADJ
cjal-9251	591	9	business	business	NOUN
cjal-9251	591	10	vehicles	vehicle	NOUN
cjal-9251	591	11	used	use	VERB
cjal-9251	591	12	by	by	ADP
cjal-9251	591	13	foreigners	foreigner	NOUN
cjal-9251	591	14	to	to	PART
cjal-9251	591	15	raise	raise	VERB
cjal-9251	591	16	funds	fund	NOUN
cjal-9251	591	17	was	be	AUX
cjal-9251	591	18	the	the	DET
cjal-9251	591	19	fivcie	fivcie	NOUN
cjal-9251	591	20	.	.	PUNCT
cjal-9251	592	1	185	185	NUM
cjal-9251	592	2	as	as	SCONJ
cjal-9251	592	3	stated	state	VERB
cjal-9251	592	4	above	above	ADV
cjal-9251	592	5	,	,	PUNCT
cjal-9251	592	6	the	the	DET
cjal-9251	592	7	fivcie	fivcie	NOUN
cjal-9251	592	8	was	be	AUX
cjal-9251	592	9	an	an	DET
cjal-9251	592	10	important	important	ADJ
cjal-9251	592	11	legal	legal	ADJ
cjal-9251	592	12	innovation	innovation	NOUN
cjal-9251	592	13	in	in	ADP
cjal-9251	592	14	its	its	PRON
cjal-9251	592	15	time	time	NOUN
cjal-9251	592	16	,	,	PUNCT
cjal-9251	592	17	but	but	CCONJ
cjal-9251	592	18	it	it	PRON
cjal-9251	592	19	had	have	VERB
cjal-9251	592	20	flaws	flaw	NOUN
cjal-9251	592	21	.	.	PUNCT
cjal-9251	593	1	compared	compare	VERB
cjal-9251	593	2	to	to	ADP
cjal-9251	593	3	the	the	DET
cjal-9251	593	4	fivcie	fivcie	NOUN
cjal-9251	593	5	,	,	PUNCT
cjal-9251	593	6	186	186	NUM
cjal-9251	593	7	the	the	DET
cjal-9251	593	8	filp	filp	NOUN
cjal-9251	593	9	is	be	AUX
cjal-9251	593	10	subject	subject	ADJ
cjal-9251	593	11	to	to	ADP
cjal-9251	593	12	fewer	few	ADJ
cjal-9251	593	13	procedural	procedural	ADJ
cjal-9251	593	14	requirements	requirement	NOUN
cjal-9251	593	15	in	in	ADP
cjal-9251	593	16	its	its	PRON
cjal-9251	593	17	establishment	establishment	NOUN
cjal-9251	593	18	and	and	CCONJ
cjal-9251	593	19	operation	operation	NOUN
cjal-9251	593	20	.	.	PUNCT
cjal-9251	594	1	for	for	ADP
cjal-9251	594	2	example	example	NOUN
cjal-9251	594	3	,	,	PUNCT
cjal-9251	594	4	unlike	unlike	ADP
cjal-9251	594	5	the	the	DET
cjal-9251	594	6	fivcie	fivcie	NOUN
cjal-9251	594	7	which	which	PRON
cjal-9251	594	8	requires	require	VERB
cjal-9251	594	9	the	the	DET
cjal-9251	594	10	fund	fund	NOUN
cjal-9251	594	11	's	's	PART
cjal-9251	594	12	manager	manager	NOUN
cjal-9251	594	13	to	to	PART
cjal-9251	594	14	satisfy	satisfy	VERB
cjal-9251	594	15	certain	certain	ADJ
cjal-9251	594	16	capital	capital	NOUN
cjal-9251	594	17	and	and	CCONJ
cjal-9251	594	18	experience	experience	NOUN
cjal-9251	594	19	r	r	NOUN
cjal-9251	594	20	equire	equire	ADJ
cjal-9251	594	21	ments	ment	NOUN
cjal-9251	594	22	,	,	PUNCT
cjal-9251	594	23	187	187	NUM
cjal-9251	594	24	there	there	PRON
cjal-9251	594	25	is	be	VERB
cjal-9251	594	26	no	no	DET
cjal-9251	594	27	such	such	ADJ
cjal-9251	594	28	requirement	requirement	NOUN
cjal-9251	594	29	under	under	ADP
cjal-9251	594	30	the	the	DET
cjal-9251	594	31	filp	filp	NOUN
cjal-9251	594	32	.	.	PUNCT
cjal-9251	595	1	further	far	ADV
cjal-9251	595	2	,	,	PUNCT
cjal-9251	595	3	unlik	unlik	NOUN
cjal-9251	595	4	e	e	NOUN
cjal-9251	595	5	the	the	DET
cjal-9251	595	6	fivcie	fivcie	PROPN
cjal-9251	595	7	regime	regime	NOUN
cjal-9251	595	8	which	which	PRON
cjal-9251	595	9	requires	require	VERB
cjal-9251	595	10	the	the	DET
cjal-9251	595	11	fund	fund	NOUN
cjal-9251	595	12	manager	manager	NOUN
cjal-9251	595	13	to	to	PART
cjal-9251	595	14	contribute	contribute	VERB
cjal-9251	595	15	at	at	ADV
cjal-9251	595	16	least	least	ADV
cjal-9251	595	17	1	1	NUM
cjal-9251	595	18	%	%	NOUN
cjal-9251	595	19	of	of	ADP
cjal-9251	595	20	the	the	DET
cjal-9251	595	21	total	total	ADJ
cjal-9251	595	22	capital	capital	NOUN
cjal-9251	595	23	,	,	PUNCT
cjal-9251	595	24	188	188	NUM
cjal-9251	595	25	the	the	DET
cjal-9251	595	26	fund	fund	NOUN
cjal-9251	595	27	's	's	PART
cjal-9251	595	28	manager	manager	NOUN
cjal-9251	595	29	under	under	ADP
cjal-9251	595	30	the	the	DET
cjal-9251	595	31	filp	filp	NOUN
cjal-9251	595	32	is	be	AUX
cjal-9251	595	33	not	not	PART
cjal-9251	595	34	required	require	VERB
cjal-9251	595	35	to	to	PART
cjal-9251	595	36	make	make	VERB
cjal-9251	595	37	a	a	DET
cjal-9251	595	38	minimum	minimum	ADJ
cjal-9251	595	39	contribution	contribution	NOUN
cjal-9251	595	40	and	and	CCONJ
cjal-9251	595	41	is	be	AUX
cjal-9251	595	42	allowed	allow	VERB
cjal-9251	595	43	to	to	PART
cjal-9251	595	44	contribute	contribute	VERB
cjal-9251	595	45	in	in	ADP
cjal-9251	595	46	the	the	DET
cjal-9251	595	47	form	form	NOUN
cjal-9251	595	48	of	of	ADP
cjal-9251	595	49	services	service	NOUN
cjal-9251	595	50	.	.	PUNCT
cjal-9251	596	1	189	189	NUM
cjal-9251	596	2	also	also	ADV
cjal-9251	596	3	,	,	PUNCT
cjal-9251	596	4	filps	filp	VERB
cjal-9251	596	5	can	can	AUX
cjal-9251	596	6	be	be	AUX
cjal-9251	596	7	registered	register	VERB
cjal-9251	596	8	and	and	CCONJ
cjal-9251	596	9	may	may	AUX
cjal-9251	596	10	reduce	reduce	VERB
cjal-9251	596	11	their	their	PRON
cjal-9251	596	12	capital	capital	NOUN
cjal-9251	596	13	without	without	ADP
cjal-9251	596	14	obtaining	obtain	VERB
cjal-9251	596	15	governmental	governmental	ADJ
cjal-9251	596	16	approval	approval	NOUN
cjal-9251	596	17	.	.	PUNCT
cjal-9251	597	1	190	190	NUM
cjal-9251	597	2	they	they	PRON
cjal-9251	597	3	are	be	AUX
cjal-9251	597	4	not	not	PART
cjal-9251	597	5	required	require	VERB
cjal-9251	597	6	to	to	PART
cjal-9251	597	7	make	make	VERB
cjal-9251	597	8	up	up	ADP
cjal-9251	597	9	for	for	ADP
cjal-9251	597	10	accumulated	accumulate	VERB
cjal-9251	597	11	losses	loss	NOUN
cjal-9251	597	12	or	or	CCONJ
cjal-9251	597	13	to	to	PART
cjal-9251	597	14	allocate	allocate	VERB
cjal-9251	597	15	part	part	NOUN
cjal-9251	597	16	of	of	ADP
cjal-9251	597	17	their	their	PRON
cjal-9251	597	18	profits	profit	NOUN
cjal-9251	597	19	to	to	ADP
cjal-9251	597	20	a	a	DET
cjal-9251	597	21	reserve	reserve	NOUN
cjal-9251	597	22	fund	fund	NOUN
cjal-9251	597	23	.	.	PUNCT
cjal-9251	598	1	191	191	NUM
cjal-9251	598	2	they	they	PRON
cjal-9251	598	3	enjoy	enjoy	VERB
cjal-9251	598	4	flexibility	flexibility	NOUN
cjal-9251	598	5	in	in	ADP
cjal-9251	598	6	the	the	DET
cjal-9251	598	7	structuring	structuring	NOUN
cjal-9251	598	8	of	of	ADP
cjal-9251	598	9	profit	profit	NOUN
cjal-9251	598	10	distributions	distribution	NOUN
cjal-9251	598	11	without	without	ADP
cjal-9251	598	12	reference	reference	NOUN
cjal-9251	598	13	to	to	ADP
cjal-9251	598	14	capital	capital	NOUN
cjal-9251	598	15	contribution	contribution	NOUN
cjal-9251	598	16	.	.	PUNCT
cjal-9251	599	1	192	192	NUM
cjal-9251	599	2	in	in	ADP
cjal-9251	599	3	the	the	DET
cjal-9251	599	4	filp	filp	NOUN
cjal-9251	599	5	,	,	PUNCT
cjal-9251	599	6	the	the	DET
cjal-9251	599	7	chinese	chinese	ADJ
cjal-9251	599	8	partners	partner	NOUN
cjal-9251	599	9	may	may	AUX
cjal-9251	599	10	be	be	AUX
cjal-9251	599	11	designated	designate	VERB
cjal-9251	599	12	as	as	ADP
cjal-9251	599	13	lps	lps	PROPN
cjal-9251	599	14	,	,	PUNCT
cjal-9251	599	15	while	while	SCONJ
cjal-9251	599	16	foreign	foreign	ADJ
cjal-9251	599	17	investors	investor	NOUN
cjal-9251	599	18	may	may	AUX
cjal-9251	599	19	serve	serve	VERB
cjal-9251	599	20	as	as	ADP
cjal-9251	599	21	gps	gps	PROPN
cjal-9251	599	22	,	,	PUNCT
cjal-9251	599	23	giving	give	VERB
cjal-9251	599	24	them	they	PRON
cjal-9251	599	25	greater	great	ADJ
cjal-9251	599	26	control	control	NOUN
cjal-9251	599	27	over	over	ADP
cjal-9251	599	28	the	the	DET
cjal-9251	599	29	fund	fund	NOUN
cjal-9251	599	30	.	.	PUNCT
cjal-9251	600	1	193	193	NUM
cjal-9251	600	2	,	,	PUNCT
cjal-9251	600	3	,	,	PUNCT
cjal-9251	600	4	..	..	PUNCT
cjal-9251	600	5	waiguo	waiguo	PROPN
cjal-9251	601	1	qiye	qiye	PROPN
cjal-9251	601	2	huozhe	huozhe	PROPN
cjal-9251	601	3	geren	geren	PROPN
cjal-9251	601	4	zai	zai	PROPN
cjal-9251	601	5	zhongguo	zhongguo	PROPN
cjal-9251	601	6	jingnei	jingnei	PROPN
cjal-9251	601	7	sheli	sheli	PROPN
cjal-9251	601	8	hehuo	hehuo	PROPN
cjal-9251	601	9	qiye	qiye	PROPN
cjal-9251	601	10	guanli	guanli	PROPN
cjal-9251	601	11	banfa	banfa	PROPN
cjal-9251	601	12	(:	(:	VERB
cjal-9251	601	13	y	y	PROPN
cjal-9251	601	14	~	~	PROPN
cjal-9251	601	15	l	l	NOUN
cjal-9251	601	16	:	:	PUNCT
cjal-9251	601	17	iil'.li':~iix	iil'.li':~iix	ADJ
cjal-9251	601	18	..	..	SYM
cjal-9251	601	19	1;·1	1;·1	NOUN
cjal-9251	601	20	-	-	PUNCT
cjal-9251	601	21	a7£cpll	a7£cpll	PROPN
cjal-9251	601	22	:	:	PUNCT
cjal-9251	601	23	jj	jj	PROPN
cjal-9251	601	24	:	:	PUNCT
cjal-9251	601	25	iphl!:.ft	iphl!:.ft	ADJ
cjal-9251	601	26	-	-	PUNCT
cjal-9251	601	27	fttk{i':~~lll!/j	fttk{i':~~lll!/j	ADJ
cjal-9251	601	28	-	-	PUNCT
cjal-9251	601	29	i	i	NOUN
cjal-9251	601	30	'	'	PUNCT
cjal-9251	601	31	!	!	PUNCT
cjal-9251	601	32	)	)	PUNCT
cjal-9251	602	1	[	[	X
cjal-9251	602	2	administrative	administrative	ADJ
cjal-9251	602	3	measures	measure	NOUN
cjal-9251	602	4	on	on	ADP
cjal-9251	602	5	the	the	DET
cjal-9251	602	6	establis	establis	PROPN
cjal-9251	602	7	hm	hm	INTJ
cjal-9251	602	8	ent	ent	PROPN
cjal-9251	602	9	of	of	ADP
cjal-9251	602	10	partnership	partnership	NOUN
cjal-9251	602	11	enterprises	enterprise	NOUN
cjal-9251	602	12	by	by	ADP
cjal-9251	602	13	foreign	foreign	ADJ
cjal-9251	602	14	enterprises	enterprise	NOUN
cjal-9251	602	15	or	or	CCONJ
cjal-9251	602	16	individuals	individual	NOUN
cjal-9251	602	17	]	]	PUNCT
cjal-9251	602	18	(	(	PUNCT
cjal-9251	602	19	promulgated	promulgate	VERB
cjal-9251	602	20	by	by	ADP
cjal-9251	602	21	,	,	PUNCT
cjal-9251	602	22	st	st	PROPN
cjal-9251	602	23	.	.	PROPN
cjal-9251	602	24	council	council	PROPN
cjal-9251	602	25	,	,	PUNCT
cjal-9251	602	26	nov	nov	PROPN
cjal-9251	602	27	.	.	PROPN
cjal-9251	602	28	25	25	NUM
cjal-9251	602	29	,	,	PUNCT
cjal-9251	602	30	2009	2009	NUM
cjal-9251	602	31	,	,	PUNCT
cjal-9251	602	32	effective	effective	ADJ
cjal-9251	602	33	mar	mar	PROPN
cjal-9251	602	34	.	.	PROPN
cjal-9251	602	35	1	1	NUM
cjal-9251	602	36	,	,	PUNCT
cjal-9251	602	37	2010	2010	NUM
cjal-9251	602	38	)	)	PUNCT
cjal-9251	602	39	,	,	PUNCT
cjal-9251	602	40	http://bit.ly/2tlsxc9	http://bit.ly/2tlsxc9	PROPN
cjal-9251	602	41	.	.	PUNCT
cjal-9251	603	1	1s	1s	NUM
cjal-9251	603	2	.	.	PUNCT
cjal-9251	604	1	;	;	PUNCT
cjal-9251	604	2	waishang	waishang	PROPN
cjal-9251	604	3	touzi	touzi	PROPN
cjal-9251	604	4	cbuangye	cbuangye	PROPN
cjal-9251	604	5	touzi	touzi	PROPN
cjal-9251	604	6	qiye	qiye	PROPN
cjal-9251	604	7	guanli	guanli	PROPN
cjal-9251	604	8	guiding	guiding	NOUN
cjal-9251	604	9	(	(	PUNCT
cjal-9251	604	10	wi@hii	wi@hii	NUM
cjal-9251	604	11	:	:	PUNCT
cjal-9251	604	12	l't¤~~1j!:ll'f{/':~fflll	l't¤~~1j!:ll'f{/':~fflll	NOUN
cjal-9251	604	13	!	!	PUNCT
cjal-9251	605	1	:	:	PUNCT
cjal-9251	605	2	aaj_j	aaj_j	ADJ
cjal-9251	605	3	:	:	PUNCT
cjal-9251	605	4	e	e	X
cjal-9251	605	5	)	)	PUNCT
cjal-9251	606	1	[	[	X
cjal-9251	606	2	provisions	provision	NOUN
cjal-9251	606	3	concerning	concern	VERB
cjal-9251	606	4	the	the	DET
cjal-9251	606	5	administration	administration	NOUN
cjal-9251	606	6	of	of	ADP
cjal-9251	606	7	foreign	foreign	NOUN
cjal-9251	606	8	-	-	PUNCT
cjal-9251	606	9	funded	fund	VERB
cjal-9251	606	10	venture	venture	NOUN
cjal-9251	606	11	investment	investment	NOUN
cjal-9251	606	12	ent	ent	NOUN
cjal-9251	606	13	erp	erp	PROPN
cjal-9251	606	14	rises	rise	VERB
cjal-9251	606	15	]	]	PUNCT
cjal-9251	606	16	(	(	PUNCT
cjal-9251	606	17	promulgated	promulgate	VERB
cjal-9251	606	18	by	by	ADP
cjal-9251	606	19	the	the	DET
cjal-9251	606	20	ministry	ministry	PROPN
cjal-9251	606	21	of	of	ADP
cjal-9251	606	22	foreign	foreign	ADJ
cjal-9251	606	23	trad	trad	NOUN
cjal-9251	606	24	e	e	NOUN
cjal-9251	606	25	and	and	CCONJ
cjal-9251	606	26	economic	economic	ADJ
cjal-9251	606	27	cooperation	cooperation	NOUN
cjal-9251	606	28	,	,	PUNCT
cjal-9251	606	29	the	the	DET
cjal-9251	606	30	ministry	ministry	PROPN
cjal-9251	606	31	of	of	ADP
cjal-9251	606	32	science	science	PROPN
cjal-9251	606	33	&	&	CCONJ
cjal-9251	606	34	technology	technology	PROPN
cjal-9251	606	35	,	,	PUNCT
cjal-9251	606	36	the	the	DET
cjal-9251	606	37	state	state	NOUN
cjal-9251	606	38	administration	administration	NOUN
cjal-9251	606	39	for	for	ADP
cjal-9251	606	40	industry	industry	NOUN
cjal-9251	606	41	and	and	CCONJ
cjal-9251	606	42	comme	comme	PROPN
cjal-9251	606	43	rce	rce	PROPN
cjal-9251	606	44	,	,	PUNCT
cjal-9251	606	45	the	the	DET
cjal-9251	606	46	state	state	NOUN
cjal-9251	606	47	administration	administration	NOUN
cjal-9251	606	48	of	of	ADP
cjal-9251	606	49	taxation	taxation	NOUN
cjal-9251	606	50	,	,	PUNCT
cjal-9251	606	51	and	and	CCONJ
cjal-9251	606	52	the	the	DET
cjal-9251	606	53	state	state	NOUN
cjal-9251	606	54	administration	administration	NOUN
cjal-9251	606	55	of	of	ADP
cjal-9251	606	56	foreign	foreign	ADJ
cjal-9251	606	57	exchange	exchange	NOUN
cjal-9251	606	58	,	,	PUNCT
cjal-9251	606	59	jan	jan	PROPN
cjal-9251	606	60	.	.	PROPN
cjal-9251	606	61	30	30	NUM
cjal-9251	606	62	,	,	PUNCT
cjal-9251	606	63	2003	2003	NUM
cjal-9251	606	64	,	,	PUNCT
cjal-9251	606	65	effective	effective	ADJ
cjal-9251	606	66	mar	mar	PROPN
cjal-9251	606	67	.	.	PROPN
cjal-9251	606	68	1	1	NUM
cjal-9251	606	69	,	,	PUNCT
cjal-9251	606	70	2003	2003	NUM
cjal-9251	606	71	)	)	PUNCT
cjal-9251	606	72	,	,	PUNCT
cjal-9251	606	73	available	available	ADJ
cjal-9251	606	74	at	at	ADP
cjal-9251	606	75	http://bit.ly/2s2fxdt	http://bit.ly/2s2fxdt	PROPN
cjal-9251	606	76	.	.	PUNCT
cjal-9251	607	1	186	186	NUM
cjal-9251	607	2	see	see	VERB
cjal-9251	607	3	text	text	NOUN
cjal-9251	607	4	accompanying	accompanying	ADJ
cjal-9251	607	5	note	note	NOUN
cjal-9251	607	6	113	113	NUM
cjal-9251	607	7	,	,	PUNCT
cjal-9251	607	8	supra	supra	NOUN
cjal-9251	607	9	.	.	PUNCT
cjal-9251	608	1	187	187	NUM
cjal-9251	608	2	provisions	provision	NOUN
cjal-9251	608	3	concerning	concern	VERB
cjal-9251	608	4	the	the	DET
cjal-9251	608	5	administration	administration	NOUN
cjal-9251	608	6	of	of	ADP
cjal-9251	608	7	foreign	foreign	ADJ
cjal-9251	608	8	-funded	-funde	VERB
cjal-9251	608	9	venture	venture	NOUN
cjal-9251	608	10	investment	investment	NOUN
cjal-9251	608	11	enterprises	enterprise	NOUN
cjal-9251	608	12	,	,	PUNCT
cjal-9251	608	13	supra	supra	PROPN
cjal-9251	608	14	note	note	PROPN
cjal-9251	608	15	176	176	NUM
cjal-9251	608	16	,	,	PUNCT
cjal-9251	608	17	art	art	NOUN
cjal-9251	608	18	.	.	PUNCT
cjal-9251	609	1	7(2	7(2	NUM
cjal-9251	609	2	)	)	PUNCT
cjal-9251	610	1	(	(	PUNCT
cjal-9251	610	2	providing	provide	VERB
cjal-9251	610	3	that	that	SCONJ
cjal-9251	610	4	the	the	DET
cjal-9251	610	5	mandatory	mandatory	ADJ
cjal-9251	610	6	investor	investor	NOUN
cjal-9251	610	7	(	(	PUNCT
cjal-9251	610	8	i.e.	i.e.	X
cjal-9251	610	9	the	the	DET
cjal-9251	610	10	fund	fund	NOUN
cjal-9251	610	11	manager	manager	NOUN
cjal-9251	610	12	)	)	PUNCT
cjal-9251	610	13	must	must	AUX
cjal-9251	610	14	have	have	AUX
cjal-9251	610	15	managed	manage	VERB
cjal-9251	610	16	assets	asset	NOUN
cjal-9251	610	17	to	to	ADP
cjal-9251	610	18	the	the	DET
cjal-9251	610	19	value	value	NOUN
cjal-9251	610	20	of	of	ADP
cjal-9251	610	21	at	at	ADV
cjal-9251	610	22	least	least	ADJ
cjal-9251	610	23	usd	usd	NOUN
cjal-9251	610	24	100	100	NUM
cjal-9251	610	25	m	m	NOUN
cjal-9251	610	26	in	in	ADP
cjal-9251	610	27	the	the	DET
cjal-9251	610	28	most	most	ADV
cjal-9251	610	29	recent	recent	ADJ
cjal-9251	610	30	3	3	NUM
cjal-9251	610	31	years	year	NOUN
cjal-9251	610	32	before	before	ADP
cjal-9251	610	33	the	the	DET
cjal-9251	610	34	application	application	NOUN
cjal-9251	610	35	)	)	PUNCT
cjal-9251	610	36	.	.	PUNCT
cjal-9251	611	1	188	188	NUM
cjal-9251	611	2	i	i	PROPN
cjal-9251	611	3	d.	d.	PROPN
cjal-9251	611	4	,	,	PUNCT
cjal-9251	611	5	art	art	NOUN
cjal-9251	611	6	.	.	PUNCT
cjal-9251	612	1	7(6	7(6	NUM
cjal-9251	612	2	)	)	PUNCT
cjal-9251	612	3	.	.	PUNCT
cjal-9251	613	1	189	189	NUM
cjal-9251	613	2	baker	baker	PROPN
cjal-9251	613	3	&	&	CCONJ
cjal-9251	613	4	mckenzie	mckenzie	PROPN
cjal-9251	613	5	,	,	PUNCT
cjal-9251	613	6	china	china	PROPN
cjal-9251	613	7	issu	issu	PROPN
cjal-9251	613	8	es	es	PROPN
cjal-9251	613	9	foreign	foreign	ADJ
cjal-9251	613	10	-	-	PUNCT
cjal-9251	613	11	invested	invest	VERB
cjal-9251	613	12	partnership	partnership	NOUN
cjal-9251	613	13	rules	rule	VERB
cjal-9251	613	14	1	1	NUM
cjal-9251	613	15	(	(	PUNCT
cjal-9251	613	16	dec	dec	PROPN
cjal-9251	613	17	.	.	PROPN
cjal-9251	613	18	2009	2009	NUM
cjal-9251	613	19	)	)	PUNCT
cjal-9251	613	20	,	,	PUNCT
cjal-9251	613	21	http	http	ADV
cjal-9251	613	22	:	:	PUNCT
cjal-9251	613	23	//bit.ly	//bit.ly	PUNCT
cjal-9251	614	1	/2ssfkux	/2ssfkux	ADJ
cjal-9251	614	2	.	.	PUNCT
cjal-9251	615	1	100	100	NUM
cjal-9251	615	2	samuel	samuel	PROPN
cjal-9251	615	3	h.	h.	PROPN
cjal-9251	615	4	shaddox	shaddox	PROPN
cjal-9251	615	5	,	,	PUNCT
cjal-9251	615	6	china	china	PROPN
cjal-9251	615	7	's	's	PART
cjal-9251	615	8	foreign	foreign	ADJ
cjal-9251	615	9	invested	invest	VERB
cjal-9251	615	10	partnership	partnership	NOUN
cjal-9251	615	11	enterpris	enterpris	ADP
cjal-9251	615	12	e	e	PROPN
cjal-9251	615	13	law	law	NOUN
cjal-9251	615	14	:	:	PUNCT
cjal-9251	615	15	the	the	DET
cjal-9251	615	16	lifeless	lifeless	NOUN
cjal-9251	615	17	or	or	CCONJ
cjal-9251	615	18	sleeping	sleep	VERB
cjal-9251	615	19	dragon	dragon	NOUN
cjal-9251	615	20	?	?	PUNCT
cjal-9251	615	21	22	22	NUM
cjal-9251	615	22	pacific	pacific	PROPN
cjal-9251	615	23	rim	rim	PROPN
cjal-9251	615	24	l.	l.	PROPN
cjal-9251	615	25	&	&	CCONJ
cjal-9251	615	26	pol	pol	PROPN
cjal-9251	615	27	.	.	PUNCT
cjal-9251	616	1	j.	j.	PROPN
cjal-9251	616	2	469	469	PROPN
cjal-9251	616	3	,	,	PUNCT
cjal-9251	616	4	473	473	NUM
cjal-9251	616	5	-	-	SYM
cjal-9251	616	6	474	474	NUM
cjal-9251	616	7	(	(	PUNCT
cjal-9251	616	8	2013	2013	NUM
cjal-9251	616	9	)	)	PUNCT
cjal-9251	616	10	.	.	PUNCT
cjal-9251	617	1	see	see	VERB
cjal-9251	617	2	also	also	ADV
cjal-9251	617	3	appe	appe	PROPN
cjal-9251	617	4	ndix	ndix	PROPN
cjal-9251	617	5	2	2	NUM
cjal-9251	617	6	,	,	PUNCT
cjal-9251	617	7	infra	infra	NOUN
cjal-9251	617	8	.	.	PUNCT
cjal-9251	618	1	19	19	NUM
cjal-9251	618	2	1	1	NUM
cjal-9251	618	3	shaddox	shaddox	NOUN
cjal-9251	618	4	,	,	PUNCT
cjal-9251	618	5	supra	supra	PROPN
cjal-9251	618	6	note	note	PROPN
cjal-9251	618	7	182	182	NUM
cjal-9251	618	8	,	,	PUNCT
cjal-9251	618	9	at	at	ADP
cjal-9251	618	10	47	47	NUM
cjal-9251	618	11	1	1	NUM
cjal-9251	618	12	-	-	SYM
cjal-9251	618	13	74	74	NUM
cjal-9251	618	14	.	.	PUNCT
cjal-9251	619	1	192	192	NUM
cjal-9251	619	2	/	/	SYM
cjal-9251	619	3	d.	d.	NOUN
cjal-9251	619	4	•9~	•9~	PROPN
cjal-9251	620	1	i	i	PRON
cjal-9251	620	2	d.	d.	PROPN
cjal-9251	620	3	186	186	NUM
cjal-9251	620	4	columbia	columbia	PROPN
cjal-9251	620	5	journal	journal	PROPN
cjal-9251	620	6	of	of	ADP
cjal-9251	620	7	asia	asia	PROPN
cjal-9251	620	8	.	.	PUNCT
cjal-9251	621	1	'\	'\	PROPN
cjal-9251	621	2	'	'	PUNCT
cjal-9251	621	3	law	law	NOUN
cjal-9251	622	1	[	[	X
cjal-9251	622	2	vol	vol	NOUN
cjal-9251	622	3	.	.	PUNCT
cjal-9251	622	4	30:160	30:160	NUM
cjal-9251	622	5	d.	d.	NOUN
cjal-9251	622	6	entrepreneurs	entrepreneur	NOUN
cjal-9251	622	7	the	the	DET
cjal-9251	622	8	last	last	ADJ
cjal-9251	622	9	essential	essential	ADJ
cjal-9251	622	10	factor	factor	NOUN
cjal-9251	622	11	for	for	ADP
cjal-9251	622	12	creating	create	VERB
cjal-9251	622	13	a	a	DET
cjal-9251	622	14	vc	vc	NOUN
cjal-9251	622	15	market	market	NOUN
cjal-9251	622	16	is	be	AUX
cjal-9251	622	17	the	the	DET
cjal-9251	622	18	availability	availability	NOUN
cjal-9251	622	19	of	of	ADP
cjal-9251	622	20	entrepreneurs	entrepreneur	NOUN
cjal-9251	622	21	.	.	PUNCT
cjal-9251	623	1	this	this	PRON
cjal-9251	623	2	presents	present	VERB
cjal-9251	623	3	a	a	DET
cjal-9251	623	4	"	"	PUNCT
cjal-9251	623	5	chicken	chicken	NOUN
cjal-9251	623	6	and	and	CCONJ
cjal-9251	623	7	egg	egg	NOUN
cjal-9251	623	8	"	"	PUNCT
cjal-9251	623	9	challe_nge	challe_nge	PROPN
cjal-9251	623	10	.	.	PUNCT
cjal-9251	624	1	with?ut	with?ut	VERB
cjal-9251	624	2	entrepreneurs	entrepreneur	NOUN
cjal-9251	624	3	there	there	PRON
cjal-9251	624	4	will	will	AUX
cjal-9251	624	5	be	be	AUX
cjal-9251	624	6	no	no	DET
cjal-9251	624	7	capital	capital	NOUN
cjal-9251	624	8	to	to	PART
cjal-9251	624	9	fund	fund	VERB
cjal-9251	624	10	them	they	PRON
cjal-9251	624	11	,	,	PUNCT
cjal-9251	624	12	a_n~	a_n~	PROPN
cjal-9251	624	13	w	w	PROPN
cjal-9251	624	14	~	~	PROPN
cjal-9251	624	15	t	t	PROPN
cjal-9251	624	16	~	~	PUNCT
cjal-9251	624	17	out	out	ADP
cjal-9251	624	18	cap1	cap1	NOUN
cjal-9251	624	19	~	~	NOUN
cjal-9251	624	20	l	l	NOUN
cjal-9251	624	21	to	to	PART
cjal-9251	624	22	fund	fund	VERB
cjal-9251	624	23	them	they	PRON
cjal-9251	624	24	,	,	PUNCT
cjal-9251	624	25	there	there	PRON
cjal-9251	624	26	will	will	AUX
cjal-9251	624	27	be	be	AUX
cjal-9251	624	28	no	no	DET
cjal-9251	624	29	entrepreneurs	entrepreneur	NOUN
cjal-9251	624	30	--	--	PUNCT
cjal-9251	624	31	even	even	ADV
cjal-9251	624	32	if	if	SCONJ
cjal-9251	624	33	mdividuals	mdividual	NOUN
cjal-9251	624	34	with	with	ADP
cjal-9251	624	35	the	the	DET
cjal-9251	624	36	requisite	requisite	ADJ
cjal-9251	624	37	qualities	quality	NOUN
cjal-9251	624	38	are	be	AUX
cjal-9251	624	39	available	available	ADJ
cjal-9251	624	40	.	.	PUNCT
cjal-9251	625	1	1	1	X
cjal-9251	625	2	.	.	X
cjal-9251	625	3	policies	policy	NOUN
cjal-9251	625	4	and	and	CCONJ
cjal-9251	625	5	tax	tax	NOUN
cjal-9251	625	6	reliefs	relief	NOUN
cjal-9251	625	7	to	to	PART
cjal-9251	625	8	strengthen	strengthen	VERB
cjal-9251	625	9	entrepreneurship	entrepreneurship	NOUN
cjal-9251	625	10	first	first	ADV
cjal-9251	625	11	,	,	PUNCT
cjal-9251	625	12	as	as	SCONJ
cjal-9251	625	13	indicated	indicate	VERB
cjal-9251	625	14	in	in	ADP
cjal-9251	625	15	appendix	appendix	NOUN
cjal-9251	625	16	2	2	NUM
cjal-9251	625	17	,	,	PUNCT
cjal-9251	625	18	since	since	SCONJ
cjal-9251	625	19	1978	1978	NUM
cjal-9251	625	20	,	,	PUNCT
cjal-9251	625	21	a	a	DET
cjal-9251	625	22	large	large	ADJ
cjal-9251	625	23	number	number	NOUN
cjal-9251	625	24	of	of	ADP
cjal-9251	625	25	substantive	substantive	ADJ
cjal-9251	625	26	laws	law	NOUN
cjal-9251	625	27	and	and	CCONJ
cjal-9251	625	28	policies	policy	NOUN
cjal-9251	625	29	were	be	AUX
cjal-9251	625	30	promulgated	promulgate	VERB
cjal-9251	625	31	to	to	PART
cjal-9251	625	32	serve	serve	VERB
cjal-9251	625	33	the	the	DET
cjal-9251	625	34	mission	mission	NOUN
cjal-9251	625	35	of	of	ADP
cjal-9251	625	36	the	the	DET
cjal-9251	625	37	"	"	PUNCT
cjal-9251	625	38	four	four	NUM
cjal-9251	625	39	modernizations	modernization	NOUN
cjal-9251	625	40	"	"	PUNCT
cjal-9251	625	41	policy	policy	NOUN
cjal-9251	625	42	and	and	CCONJ
cjal-9251	625	43	the	the	DET
cjal-9251	625	44	"	"	PUNCT
cjal-9251	625	45	s	s	NOUN
cjal-9251	625	46	trategy	trategy	NOUN
cjal-9251	625	47	of	of	ADP
cjal-9251	625	48	invigorating	invigorate	VERB
cjal-9251	625	49	china	china	PROPN
cjal-9251	625	50	through	through	ADP
cjal-9251	625	51	science	science	NOUN
cjal-9251	625	52	and	and	CCONJ
cjal-9251	625	53	education	education	NOUN
cjal-9251	625	54	"	"	PUNCT
cjal-9251	625	55	(	(	PUNCT
cjal-9251	625	56	ke	ke	PROPN
cjal-9251	625	57	jiao	jiao	PROPN
cjal-9251	625	58	xing	xing	PROPN
cjal-9251	625	59	guo	guo	PROPN
cjal-9251	625	60	)	)	PUNCT
cjal-9251	625	61	.	.	PUNCT
cjal-9251	626	1	since	since	SCONJ
cjal-9251	626	2	>	>	X
cjal-9251	626	3	lay	lay	VERB
cjal-9251	626	4	2013	2013	NUM
cjal-9251	626	5	,	,	PUNCT
cjal-9251	626	6	the	the	DET
cjal-9251	626	7	central	central	ADJ
cjal-9251	626	8	government	government	NOUN
cjal-9251	626	9	has	have	AUX
cjal-9251	626	10	issued	issue	VERB
cjal-9251	626	11	at	at	ADP
cjal-9251	626	12	least	least	ADJ
cjal-9251	626	13	22	22	NUM
cjal-9251	626	14	documents	document	NOUN
cjal-9251	626	15	,	,	PUNCT
cjal-9251	626	16	including	include	VERB
cjal-9251	626	17	two	two	NUM
cjal-9251	626	18	fundamental	fundamental	ADJ
cjal-9251	626	19	opinions	opinion	NOUN
cjal-9251	626	20	issued	issue	VERB
cjal-9251	626	21	by	by	ADP
cjal-9251	626	22	the	the	DET
cjal-9251	626	23	state	state	PROPN
cjal-9251	626	24	council	council	PROPN
cjal-9251	626	25	to	to	PART
cjal-9251	626	26	embark	embark	VERB
cjal-9251	626	27	on	on	ADP
cjal-9251	626	28	the	the	DET
cjal-9251	626	29	mass	mass	ADJ
cjal-9251	626	30	entrepreneurship	entrepreneurship	NOUN
cjal-9251	626	31	and	and	CCONJ
cjal-9251	626	32	inno	inno	PROPN
cjal-9251	626	33	vation	vation	PROPN
cjal-9251	626	34	reform	reform	NOUN
cjal-9251	626	35	.	.	PUNCT
cjal-9251	627	1	194	194	NUM
cjal-9251	627	2	this	this	PRON
cjal-9251	627	3	was	be	AUX
cjal-9251	627	4	followed	follow	VERB
cjal-9251	627	5	by	by	ADP
cjal-9251	627	6	several	several	ADJ
cjal-9251	627	7	specific	specific	ADJ
cjal-9251	627	8	measures	measure	NOUN
cjal-9251	627	9	that	that	PRON
cjal-9251	627	10	aimed	aim	VERB
cjal-9251	627	11	to	to	PART
cjal-9251	627	12	improve	improve	VERB
cjal-9251	627	13	institutional	institutional	ADJ
cjal-9251	627	14	mechanisms	mechanism	NOUN
cjal-9251	627	15	to	to	PART
cjal-9251	627	16	facilitate	facilitate	VERB
cjal-9251	627	17	entrepreneurship	entrepreneurship	NOUN
cjal-9251	627	18	and	and	CCONJ
cjal-9251	627	19	innovation	innovation	NOUN
cjal-9251	627	20	,	,	PUNCT
cjal-9251	627	21	for	for	ADP
cjal-9251	627	22	instance	instance	NOUN
cjal-9251	627	23	,	,	PUNCT
cjal-9251	627	24	by	by	ADP
cjal-9251	627	25	deepening	deepen	VERB
cjal-9251	627	26	business	business	NOUN
cjal-9251	627	27	system	system	NOUN
cjal-9251	627	28	reforms	reform	NOUN
cjal-9251	627	29	,	,	PUNCT
cjal-9251	627	30	strengthening	strengthen	VERB
cjal-9251	627	31	intellectual	intellectual	ADJ
cjal-9251	627	32	property	property	NOUN
cjal-9251	627	33	protection	protection	NOUN
cjal-9251	627	34	and	and	CCONJ
cjal-9251	627	35	establishing	establish	VERB
cjal-9251	627	36	a	a	DET
cjal-9251	627	37	mechanism	mechanism	NOUN
cjal-9251	627	38	for	for	ADP
cjal-9251	627	39	the	the	DET
cjal-9251	627	40	training	training	NOUN
cjal-9251	627	41	and	and	CCONJ
cjal-9251	627	42	hiring	hiring	NOUN
cjal-9251	627	43	of	of	ADP
cjal-9251	627	44	talented	talented	ADJ
cjal-9251	627	45	professionals	professional	NOUN
cjal-9251	627	46	.	.	PUNCT
cjal-9251	628	1	195	195	NUM
cjal-9251	628	2	these	these	DET
cjal-9251	628	3	policies	policy	NOUN
cjal-9251	628	4	resulted	result	VERB
cjal-9251	628	5	in	in	ADP
cjal-9251	628	6	the	the	DET
cjal-9251	628	7	emergence	emergence	NOUN
cjal-9251	628	8	of	of	ADP
cjal-9251	628	9	young	young	ADJ
cjal-9251	628	10	entrepreneurs	entrepreneur	NOUN
cjal-9251	628	11	in	in	ADP
cjal-9251	628	12	china	china	PROPN
cjal-9251	628	13	's	's	PART
cjal-9251	628	14	vc	vc	PROPN
cjal-9251	628	15	market	market	NOUN
cjal-9251	628	16	.	.	PUNCT
cjal-9251	629	1	196	196	NUM
cjal-9251	629	2	it	it	PRON
cjal-9251	629	3	is	be	AUX
cjal-9251	629	4	reported	report	VERB
cjal-9251	629	5	that	that	SCONJ
cjal-9251	629	6	2.3	2.3	NUM
cjal-9251	629	7	%	%	NOUN
cjal-9251	629	8	of	of	ADP
cjal-9251	629	9	the	the	DET
cjal-9251	629	10	university	university	NOUN
cjal-9251	629	11	graduates	graduate	NOUN
cjal-9251	629	12	of	of	ADP
cjal-9251	629	13	2013	2013	NUM
cjal-9251	629	14	have	have	AUX
cjal-9251	629	15	chosen	choose	VERB
cjal-9251	629	16	to	to	PART
cjal-9251	629	17	start	start	VERB
cjal-9251	629	18	businesses	business	NOUN
cjal-9251	629	19	.	.	PUNCT
cjal-9251	630	1	197	197	NUM
cjal-9251	630	2	there	there	PRON
cjal-9251	630	3	are	be	VERB
cjal-9251	630	4	also	also	ADV
cjal-9251	630	5	an	an	DET
cjal-9251	630	6	increasing	increase	VERB
cjal-9251	630	7	number	number	NOUN
cjal-9251	630	8	of	of	ADP
cjal-9251	630	9	overseas	overseas	ADJ
cjal-9251	630	10	returnees	returnee	NOUN
cjal-9251	630	11	(	(	PUNCT
cjal-9251	630	12	haigui)l98	haigui)l98	VERB
cjal-9251	630	13	who	who	PRON
cjal-9251	630	14	have	have	AUX
cjal-9251	630	15	started	start	VERB
cjal-9251	630	16	businesses	business	NOUN
cjal-9251	630	17	with	with	ADP
cjal-9251	630	18	their	their	PRON
cjal-9251	630	19	technological	technological	ADJ
cjal-9251	630	20	knowhow	knowhow	NOUN
cjal-9251	630	21	and	and	CCONJ
cjal-9251	630	22	overseas	overseas	ADJ
cjal-9251	630	23	resources	resource	NOUN
cjal-9251	630	24	.	.	PUNCT
cjal-9251	631	1	as	as	ADP
cjal-9251	631	2	of	of	ADP
cjal-9251	631	3	2014	2014	NUM
cjal-9251	631	4	,	,	PUNCT
cjal-9251	631	5	the	the	DET
cjal-9251	631	6	number	number	NOUN
cjal-9251	631	7	of	of	ADP
cjal-9251	631	8	overseas	overseas	ADJ
cjal-9251	631	9	returnees	returnee	NOUN
cjal-9251	631	10	stood	stand	VERB
cjal-9251	631	11	at	at	ADP
cjal-9251	631	12	1.8	1.8	NUM
cjal-9251	631	13	million	million	NUM
cjal-9251	631	14	,	,	PUNCT
cjal-9251	631	15	accounting	account	VERB
cjal-9251	631	16	for	for	ADP
cjal-9251	631	17	51.4	51.4	NUM
cjal-9251	631	18	%	%	NOUN
cjal-9251	631	19	of	of	ADP
cjal-9251	631	20	total	total	ADJ
cjal-9251	631	21	overseas	overseas	ADJ
cjal-9251	631	22	graduates	graduate	NOUN
cjal-9251	631	23	.	.	PUNCT
cjal-9251	632	1	199	199	NUM
cjal-9251	632	2	in	in	ADP
cjal-9251	632	3	an	an	DET
cjal-9251	632	4	interview	interview	NOUN
cjal-9251	632	5	conducted	conduct	VERB
cjal-9251	632	6	with	with	ADP
cjal-9251	632	7	913	913	NUM
cjal-9251	632	8	overseas	overseas	ADJ
cjal-9251	632	9	returnees	returnee	NOUN
cjal-9251	632	10	,	,	PUNCT
cjal-9251	632	11	78.4	78.4	NUM
cjal-9251	632	12	%	%	NOUN
cjal-9251	632	13	of	of	ADP
cjal-9251	632	14	whom	whom	PRON
cjal-9251	632	15	had	have	AUX
cjal-9251	632	16	returned	return	VERB
cjal-9251	632	17	after	after	ADP
cjal-9251	632	18	20	20	NUM
cjal-9251	632	19	10,200	10,200	NUM
cjal-9251	632	20	more	more	ADJ
cjal-9251	632	21	than	than	ADP
cjal-9251	632	22	half	half	DET
cjal-9251	632	23	indi	indi	PROPN
cjal-9251	632	24	cated	cat	VERB
cjal-9251	632	25	that	that	SCONJ
cjal-9251	632	26	their	their	PRON
cjal-9251	632	27	decisions	decision	NOUN
cjal-9251	632	28	to	to	PART
cjal-9251	632	29	return	return	VERB
cjal-9251	632	30	to	to	ADP
cjal-9251	632	31	china	china	PROPN
cjal-9251	632	32	was	be	AUX
cjal-9251	632	33	largely	largely	ADV
cjal-9251	632	34	based	base	VERB
cjal-9251	632	35	on	on	ADP
cjal-9251	632	36	the	the	DET
cjal-9251	632	37	attractive	attractive	ADJ
cjal-9251	632	38	entrepreneurial	entrepreneurial	ADJ
cjal-9251	632	39	environment	environment	NOUN
cjal-9251	632	40	,	,	PUNCT
cjal-9251	632	41	201	201	NUM
cjal-9251	632	42	reflecting	reflect	VERB
cjal-9251	632	43	the	the	DET
cjal-9251	632	44	positiv	positiv	ADJ
cjal-9251	632	45	e	e	NOUN
cjal-9251	632	46	effect	effect	NOUN
cjal-9251	632	47	of	of	ADP
cjal-9251	632	48	government	government	NOUN
cjal-9251	632	49	policies	policy	NOUN
cjal-9251	632	50	in	in	ADP
cjal-9251	632	51	194	194	NUM
cjal-9251	632	52	views	view	NOUN
cjal-9251	632	53	of	of	ADP
cjal-9251	632	54	the	the	DET
cjal-9251	632	55	state	state	NOUN
cjal-9251	632	56	council	council	PROPN
cjal-9251	632	57	on	on	ADP
cjal-9251	632	58	policy	policy	NOUN
cjal-9251	632	59	measures	measure	NOUN
cjal-9251	632	60	relating	relate	VERB
cjal-9251	632	61	to	to	ADP
cjal-9251	632	62	mass	mass	ADJ
cjal-9251	632	63	entrepreneurs	entrepreneur	NOUN
cjal-9251	632	64	h.ip	h.ip	PROPN
cjal-9251	632	65	,	,	PUNCT
cjal-9251	632	66	supra	supra	ADJ
cjal-9251	632	67	note	note	NOUN
cjal-9251	632	68	76	76	NUM
cjal-9251	632	69	.	.	PUNCT
cjal-9251	632	70	'	'	PUNCT
cjal-9251	632	71	"	"	PUNCT
cjal-9251	632	72	"	"	PUNCT
cjal-9251	632	73	ld	ld	AUX
cjal-9251	632	74	.	.	PROPN
cjal-9251	632	75	100	100	NUM
cjal-9251	632	76	see	see	VERB
cjal-9251	632	77	,	,	PUNCT
cjal-9251	632	78	e.g.	e.g.	ADV
cjal-9251	632	79	,	,	PUNCT
cjal-9251	632	80	i	i	PROPN
cjal-9251	632	81	d	d	PROPN
cjal-9251	632	82	.	.	PUNCT
cjal-9251	633	1	197	197	NUM
cjal-9251	633	2	chen	chen	PROPN
cjal-9251	633	3	zhengfei	zhengfei	PROPN
cjal-9251	633	4	(	(	PUNCT
cjal-9251	633	5	wfi.ie"t	wfi.ie"t	PROPN
cjal-9251	633	6	)	)	PUNCT
cjal-9251	633	7	,	,	PUNCT
cjal-9251	633	8	90hou	90hou	NOUN
cjal-9251	633	9	"	"	PUNCT
cjal-9251	633	10	chuangke	chuangke	PROPN
cjal-9251	633	11	"	"	PUNCT
cjal-9251	633	12	jueqi	jueqi	PROPN
cjal-9251	633	13	:	:	PUNCT
cjal-9251	633	14	tiansbeng	tiansbeng	PROPN
cjal-9251	633	15	de	de	X
cjal-9251	633	16	chuangyejia	chuangyejia	X
cjal-9251	633	17	(	(	PUNCT
cjal-9251	633	18	90	90	NUM
cjal-9251	633	19	£	£	SYM
cjal-9251	633	20	1	1	NUM
cjal-9251	633	21	"	"	PUNCT
cjal-9251	633	22	¤~	¤~	NOUN
cjal-9251	633	23	~	~	NOUN
cjal-9251	633	24	"	"	PUNCT
cjal-9251	633	25	lilii	lilii	NOUN
cjal-9251	633	26	ial	ial	NOUN
cjal-9251	633	27	:	:	PUNCT
cjal-9251	633	28	;	;	PUNCT
cjal-9251	633	29	ji	ji	X
cjal-9251	633	30	;	;	PUNCT
cjal-9251	633	31	1	1	NUM
cjal-9251	633	32	:	:	PUNCT
cjal-9251	633	33	:	:	PUNCT
cjal-9251	633	34	l'j	l'j	PROPN
cjal-9251	633	35	<	<	PROPN
cjal-9251	633	36	j	j	PROPN
cjal-9251	633	37	¤h~	¤h~	PROPN
cjal-9251	633	38	*	*	PUNCT
cjal-9251	633	39	)	)	PUNCT
cjal-9251	634	1	[	[	X
cjal-9251	634	2	post-90s	post-90s	NOUN
cjal-9251	634	3	entrepreneurs	entrepreneur	NOUN
cjal-9251	634	4	:	:	PUNCT
cjal-9251	634	5	genius	genius	NOUN
cjal-9251	634	6	entrepreneurs	entrepreneur	NOUN
cjal-9251	634	7	]	]	PUNCT
cjal-9251	634	8	,	,	PUNCT
cjal-9251	634	9	juece	juece	PROPN
cjal-9251	634	10	wang	wang	PROPN
cjal-9251	634	11	(	(	PUNCT
cjal-9251	634	12	l	l	NOUN
cjal-9251	634	13	:	:	PUNCT
cjal-9251	634	14	r	r	NOUN
cjal-9251	634	15	:	:	PUNCT
cjal-9251	634	16	ffi:!<il	ffi:!<il	NOUN
cjal-9251	634	17	)	)	PUNCT
cjal-9251	634	18	[	[	X
cjal-9251	634	19	juece.net.cn	juece.net.cn	X
cjal-9251	634	20	]	]	X
cjal-9251	634	21	(	(	PUNCT
cjal-9251	634	22	may	may	PROPN
cjal-9251	634	23	4	4	NUM
cjal-9251	634	24	,	,	PUNCT
cjal-9251	634	25	2015	2015	NUM
cjal-9251	634	26	)	)	PUNCT
cjal-9251	634	27	,	,	PUNCT
cjal-9251	634	28	http://bit.ly	http://bit.ly	PROPN
cjal-9251	634	29	/2snteef	/2snteef	NOUN
cjal-9251	634	30	.	.	PUNCT
cjal-9251	635	1	198	198	NUM
cjal-9251	635	2	haigui	haigui	NOUN
cjal-9251	635	3	(	(	PUNCT
cjal-9251	635	4	j{jjjb	j{jjjb	NOUN
cjal-9251	635	5	)	)	PUNCT
cjal-9251	635	6	is	be	AUX
cjal-9251	635	7	a	a	DET
cjal-9251	635	8	chin	chin	NOUN
cjal-9251	635	9	ese	ese	PROPN
cjal-9251	635	10	language	language	PROPN
cjal-9251	635	11	slang	slang	PROPN
cjal-9251	635	12	term	term	NOUN
cjal-9251	635	13	for	for	ADP
cjal-9251	635	14	chinese	chinese	ADJ
cjal-9251	635	15	people	people	NOUN
cjal-9251	635	16	who	who	PRON
cjal-9251	635	17	have	have	AUX
cjal-9251	635	18	returned	return	VERB
cjal-9251	635	19	to	to	ADP
cjal-9251	635	20	mainland	mainland	NOUN
cjal-9251	635	21	china	china	PROPN
cjal-9251	635	22	after	after	ADP
cjal-9251	635	23	having	having	AUX
cjal-9251	635	24	studied	study	VERB
cjal-9251	635	25	abroad	abroad	ADV
cjal-9251	635	26	for	for	ADP
cjal-9251	635	27	several	several	ADJ
cjal-9251	635	28	years	year	NOUN
cjal-9251	635	29	.	.	PUNCT
cjal-9251	636	1	199	199	NUM
cjal-9251	636	2	quanqiuhua	quanqiuhua	NOUN
cjal-9251	636	3	zbiku	zbiku	NOUN
cjal-9251	636	4	(	(	PUNCT
cjal-9251	636	5	~£!<-ft~~	~£!<-ft~~	NOUN
cjal-9251	636	6	)	)	PUNCT
cjal-9251	637	1	[	[	X
cjal-9251	637	2	center	center	NOUN
cjal-9251	637	3	for	for	ADP
cjal-9251	637	4	clll	clll	NOUN
cjal-9251	637	5	~	~	PUNCT
cjal-9251	637	6	a	a	PRON
cjal-9251	637	7	&	&	CCONJ
cjal-9251	637	8	globalization	globalization	NOUN
cjal-9251	637	9	)	)	PUNCT
cjal-9251	637	10	zhongguo	zhongguo	PROPN
cjal-9251	637	11	haigui	haigui	PROPN
cjal-9251	637	12	jiuye	jiuye	PROPN
cjal-9251	637	13	chuangye	chuangye	PROPN
cjal-9251	637	14	diaocha	diaocha	NOUN
cjal-9251	637	15	baogao	baogao	VERB
cjal-9251	637	16	2015	2015	NUM
cjal-9251	637	17	(	(	PUNCT
cjal-9251	637	18	2015	2015	NUM
cjal-9251	637	19	rp	rp	NOUN
cjal-9251	637	20	!	!	PUNCT
cjal-9251	637	21	ej{!fj/.:l.f	ej{!fj/.:l.f	PROPN
cjal-9251	637	22	..	..	PUNCT
cjal-9251	638	1	t.ft	t.ft	ADP
cjal-9251	638	2	~	~	PROPN
cjal-9251	638	3	tl.fti.ll	tl.fti.ll	NOUN
cjal-9251	638	4	~	~	SYM
cjal-9251	638	5	ffl	ffl	PROPN
cjal-9251	638	6	'	'	PUNCT
cjal-9251	638	7	i!r	i!r	PROPN
cjal-9251	638	8	)	)	PUNCT
cjal-9251	639	1	[	[	X
cjal-9251	639	2	2015	2015	NUM
cjal-9251	639	3	china	china	NOUN
cjal-9251	639	4	.	.	PUNCT
cjal-9251	640	1	overseas	overseas	ADJ
cjal-9251	640	2	returnees	returnee	VERB
cjal-9251	640	3	entrepreneurslup	entrepreneurslup	PROPN
cjal-9251	640	4	report	report	PROPN
cjal-9251	640	5	]	]	X
cjal-9251	640	6	(	(	PUNCT
cjal-9251	640	7	2015	2015	NUM
cjal-9251	640	8	)	)	PUNCT
cjal-9251	640	9	,	,	PUNCT
cjal-9251	640	10	acailable	acailable	ADJ
cjal-9251	640	11	at	at	ADP
cjal-9251	640	12	http://b1t.l	http://b1t.l	NOUN
cjal-9251	640	13	y/2uw8egn	y/2uw8egn	ADV
cjal-9251	640	14	.	.	PUNCT
cjal-9251	641	1	the	the	DET
cjal-9251	641	2	number	number	NOUN
cjal-9251	641	3	of	of	ADP
cjal-9251	641	4	overseas	overseas	ADJ
cjal-9251	641	5	returnees	returnee	NOUN
cjal-9251	641	6	in	in	ADP
cjal-9251	641	7	2014	2014	NUM
cjal-9251	641	8	was	be	AUX
cjal-9251	641	9	3	3	NUM
cjal-9251	641	10	2	2	NUM
cjal-9251	641	11	%	%	NOUN
cjal-9251	641	12	more	more	ADJ
cjal-9251	641	13	than	than	ADP
cjal-9251	641	14	the	the	DET
cjal-9251	641	15	number	number	NOUN
cjal-9251	641	16	in	in	ADP
cjal-9251	641	17	2013	2013	NUM
cjal-9251	641	18	,	,	PUNCT
cjal-9251	641	19	and	and	CCONJ
cjal-9251	641	20	almost	almost	ADV
cjal-9251	641	21	10	10	NUM
cjal-9251	641	22	%	%	NOUN
cjal-9251	641	23	more	more	ADJ
cjal-9251	641	24	than	than	ADP
cjal-9251	641	25	that	that	PRON
cjal-9251	641	26	in	in	ADP
cjal-9251	641	27	2012	2012	NUM
cjal-9251	641	28	.	.	PUNCT
cjal-9251	642	1	·	·	PUNCT
cjal-9251	643	1	200	200	NUM
cjal-9251	643	2	i	i	PROPN
cjal-9251	643	3	d.	d.	PROPN
cjal-9251	643	4	201	201	NUM
cjal-9251	643	5	jd	jd	PROPN
cjal-9251	643	6	.	.	PROPN
cjal-9251	643	7	2017	2017	NUM
cjal-9251	643	8	]	]	PUNCT
cjal-9251	643	9	engineering	engineer	VERB
cjal-9251	643	10	a	a	DET
cjal-9251	643	11	venture	venture	NOUN
cjal-9251	643	12	capital	capital	NOUN
cjal-9251	643	13	market	market	NOUN
cjal-9251	643	14	187	187	NUM
cjal-9251	643	15	encouraging	encouraging	ADJ
cjal-9251	643	16	entrepreneurship	entrepreneurship	NOUN
cjal-9251	643	17	.	.	PUNCT
cjal-9251	644	1	second	second	ADJ
cjal-9251	644	2	,	,	PUNCT
cjal-9251	644	3	various	various	ADJ
cjal-9251	644	4	forms	form	NOUN
cjal-9251	644	5	of	of	ADP
cjal-9251	644	6	tax	tax	NOUN
cjal-9251	644	7	relief	relief	NOUN
cjal-9251	644	8	have	have	VERB
cjal-9251	644	9	bee	bee	NOUN
cjal-9251	644	10	n	n	PRON
cjal-9251	644	11	provided	provide	VERB
cjal-9251	644	12	to	to	ADP
cjal-9251	644	13	national	national	ADJ
cjal-9251	644	14	scientific	scientific	ADJ
cjal-9251	644	15	parks	park	NOUN
cjal-9251	644	16	and	and	CCONJ
cjal-9251	644	17	incubators	incubator	NOUN
cjal-9251	644	18	to	to	PART
cjal-9251	644	19	encourage	encourage	VERB
cjal-9251	644	20	innovation	innovation	NOUN
cjal-9251	644	21	.	.	PUNCT
cjal-9251	645	1	202	202	NUM
cjal-9251	645	2	for	for	ADP
cjal-9251	645	3	example	example	NOUN
cjal-9251	645	4	,	,	PUNCT
cjal-9251	645	5	qualified	qualified	ADJ
cjal-9251	645	6	incubators	incubator	NOUN
cjal-9251	645	7	are	be	AUX
cjal-9251	645	8	exempted	exempt	VERB
cjal-9251	645	9	from	from	ADP
cjal-9251	645	10	paying	pay	VERB
cjal-9251	645	11	rea	rea	PROPN
cjal-9251	645	12	l	l	NOUN
cjal-9251	645	13	estate	estate	NOUN
cjal-9251	645	14	taxes	taxis	NOUN
cjal-9251	645	15	and	and	CCONJ
cjal-9251	645	16	taxes	taxis	NOUN
cjal-9251	645	17	on	on	ADP
cjal-9251	645	18	using	use	VERB
cjal-9251	645	19	urban	urban	ADJ
cjal-9251	645	20	land	land	NOUN
cjal-9251	645	21	.203	.203	NUM
cjal-9251	645	22	they	they	PRON
cjal-9251	645	23	are	be	AUX
cjal-9251	645	24	also	also	ADV
cjal-9251	645	25	exempted	exempt	VERB
cjal-9251	645	26	from	from	ADP
cjal-9251	645	27	business	business	NOUN
cjal-9251	645	28	taxes	taxis	NOUN
cjal-9251	645	29	for	for	ADP
cjal-9251	645	30	income	income	NOUN
cjal-9251	645	31	received	receive	VERB
cjal-9251	645	32	from	from	ADP
cjal-9251	645	33	renting	rent	VERB
cjal-9251	645	34	work	work	NOUN
cjal-9251	645	35	sites	site	NOUN
cjal-9251	645	36	,	,	PUNCT
cjal-9251	645	37	housing	housing	NOUN
cjal-9251	645	38	,	,	PUNCT
cjal-9251	645	39	and	and	CCONJ
cjal-9251	645	40	incubation	incubation	NOUN
cjal-9251	645	41	services	service	NOUN
cjal-9251	645	42	provided	provide	VERB
cjal-9251	645	43	to	to	ADP
cjal-9251	645	44	incubated	incubate	VERB
cjal-9251	645	45	companies	company	NOUN
cjal-9251	645	46	.	.	PUNCT
cjal-9251	646	1	204	204	NUM
cjal-9251	646	2	such	such	ADJ
cjal-9251	646	3	developments	development	NOUN
cjal-9251	646	4	have	have	AUX
cjal-9251	646	5	caused	cause	VERB
cjal-9251	646	6	a	a	DET
cjal-9251	646	7	nationwide	nationwide	ADJ
cjal-9251	646	8	surge	surge	NOUN
cjal-9251	646	9	in	in	ADP
cjal-9251	646	10	the	the	DET
cjal-9251	646	11	number	number	NOUN
cjal-9251	646	12	of	of	ADP
cjal-9251	646	13	incubators	incubator	NOUN
cjal-9251	646	14	,	,	PUNCT
cjal-9251	646	15	from	from	ADP
cjal-9251	646	16	534	534	NUM
cjal-9251	646	17	in	in	ADP
cjal-9251	646	18	2005	2005	NUM
cjal-9251	646	19	to	to	ADP
cjal-9251	646	20	896	896	NUM
cjal-9251	646	21	in	in	ADP
cjal-9251	646	22	2010	2010	NUM
cjal-9251	646	23	,	,	PUNCT
cjal-9251	646	24	and	and	CCONJ
cjal-9251	646	25	then	then	ADV
cjal-9251	646	26	to	to	ADP
cjal-9251	646	27	1500	1500	NUM
cjal-9251	646	28	in	in	ADP
cjal-9251	646	29	2015	2015	NUM
cjal-9251	646	30	.	.	PUNCT
cjal-9251	647	1	205	205	NUM
cjal-9251	647	2	as	as	ADP
cjal-9251	647	3	of	of	ADP
cjal-9251	647	4	march	march	PROPN
cjal-9251	647	5	2015	2015	NUM
cjal-9251	647	6	,	,	PUNCT
cjal-9251	647	7	there	there	PRON
cjal-9251	647	8	were	be	VERB
cjal-9251	647	9	more	more	ADJ
cjal-9251	647	10	than	than	ADP
cjal-9251	647	11	1,600	1,600	NUM
cjal-9251	647	12	incubators	incubator	NOUN
cjal-9251	647	13	supporting	support	VERB
cjal-9251	647	14	more	more	ADJ
cjal-9251	647	15	than	than	ADP
cjal-9251	647	16	80,000	80,000	NUM
cjal-9251	647	17	start	start	NOUN
cjal-9251	647	18	-	-	PUNCT
cjal-9251	647	19	ups	up	NOUN
cjal-9251	647	20	.	.	PUNCT
cjal-9251	647	21	206	206	NUM
cjal-9251	647	22	in	in	ADP
cjal-9251	647	23	2015	2015	NUM
cjal-9251	647	24	,	,	PUNCT
cjal-9251	647	25	china	china	PROPN
cjal-9251	647	26	saw	see	VERB
cjal-9251	647	27	1,102,000	1,102,000	NUM
cjal-9251	647	28	invention	invention	NOUN
cjal-9251	647	29	patent	patent	NOUN
cjal-9251	647	30	applications	application	NOUN
cjal-9251	647	31	,	,	PUNCT
cjal-9251	647	32	which	which	PRON
cjal-9251	647	33	was	be	AUX
cjal-9251	647	34	18.7	18.7	NUM
cjal-9251	647	35	%	%	NOUN
cjal-9251	647	36	more	more	ADJ
cjal-9251	647	37	than	than	ADP
cjal-9251	647	38	the	the	DET
cjal-9251	647	39	previous	previous	ADJ
cjal-9251	647	40	year	year	NOUN
cjal-9251	647	41	,	,	PUNCT
cjal-9251	647	42	with	with	ADP
cjal-9251	647	43	359	359	NUM
cjal-9251	647	44	,	,	PUNCT
cjal-9251	647	45	000	000	NUM
cjal-9251	647	46	being	be	AUX
cjal-9251	647	47	authorized.207	authorized.207	NOUN
cjal-9251	647	48	2	2	NUM
cjal-9251	647	49	.	.	X
cjal-9251	647	50	entrepreneur	entrepreneur	NOUN
cjal-9251	647	51	-	-	ADJ
cjal-9251	647	52	friendly	friendly	ADJ
cjal-9251	647	53	company	company	NOUN
cjal-9251	647	54	law	law	NOUN
cjal-9251	647	55	reforms	reform	NOUN
cjal-9251	647	56	various	various	ADJ
cjal-9251	647	57	company	company	NOUN
cjal-9251	647	58	law	law	NOUN
cjal-9251	647	59	reforms	reform	NOUN
cjal-9251	647	60	to	to	PART
cjal-9251	647	61	promote	promote	VERB
cjal-9251	647	62	entrepreneurship	entrepreneurship	NOUN
cjal-9251	647	63	have	have	AUX
cjal-9251	647	64	been	be	AUX
cjal-9251	647	65	recently	recently	ADV
cjal-9251	647	66	carried	carry	VERB
cjal-9251	647	67	out	out	ADP
cjal-9251	647	68	in	in	ADP
cjal-9251	647	69	a	a	DET
cjal-9251	647	70	number	number	NOUN
cjal-9251	647	71	of	of	ADP
cjal-9251	647	72	jurisdictions	jurisdiction	NOUN
cjal-9251	647	73	,	,	PUNCT
cjal-9251	647	74	including	include	VERB
cjal-9251	647	75	several	several	ADJ
cjal-9251	647	76	eu	eu	PROPN
cjal-9251	647	77	states	state	NOUN
cjal-9251	647	78	,	,	PUNCT
cjal-9251	647	79	208	208	NUM
cjal-9251	647	80	taiwan	taiwan	PROPN
cjal-9251	647	81	,	,	PUNCT
cjal-9251	647	82	209	209	NUM
cjal-9251	647	83	and	and	CCONJ
cjal-9251	647	84	singapore	singapore	PROPN
cjal-9251	647	85	.	.	PUNCT
cjal-9251	648	1	210	210	NUM
cjal-9251	649	1	these	these	DET
cjal-9251	649	2	reforms	reform	NOUN
cjal-9251	649	3	typically	typically	ADV
cjal-9251	649	4	focus	focus	VERB
cjal-9251	649	5	202	202	NUM
cjal-9251	649	6	the	the	DET
cjal-9251	649	7	2006	2006	NUM
cjal-9251	649	8	outline	outline	NOUN
cjal-9251	649	9	of	of	ADP
cjal-9251	649	10	the	the	DET
cjal-9251	649	11	national	national	ADJ
cjal-9251	649	12	program	program	NOUN
cjal-9251	649	13	for	for	ADP
cjal-9251	649	14	longand	longand	NOUN
cjal-9251	649	15	medium	medium	ADJ
cjal-9251	649	16	-	-	PUNCT
cjal-9251	649	17	term	term	NOUN
cjal-9251	649	18	scientific	scientific	ADJ
cjal-9251	649	19	and	and	CCONJ
cjal-9251	649	20	technological	technological	ADJ
cjal-9251	649	21	development	development	NOUN
cjal-9251	649	22	mentioned	mention	VERB
cjal-9251	649	23	that	that	SCONJ
cjal-9251	649	24	"	"	PUNCT
cjal-9251	649	25	qualified	qualified	ADJ
cjal-9251	649	26	science	science	NOUN
cjal-9251	649	27	and	and	CCONJ
cjal-9251	649	28	tech	tech	NOUN
cjal-9251	649	29	incubators	incubator	NOUN
cjal-9251	649	30	and	and	CCONJ
cjal-9251	649	31	national	national	PROPN
cjal-9251	649	32	university	university	PROPN
cjal-9251	649	33	science	science	NOUN
cjal-9251	649	34	parks	park	NOUN
cjal-9251	649	35	will	will	AUX
cjal-9251	649	36	be	be	AUX
cjal-9251	649	37	exempt	exempt	ADJ
cjal-9251	649	38	from	from	ADP
cjal-9251	649	39	corporate	corporate	ADJ
cjal-9251	649	40	tax	tax	NOUN
cjal-9251	649	41	,	,	PUNCT
cjal-9251	649	42	income	income	NOUN
cjal-9251	649	43	tax	tax	NOUN
cjal-9251	649	44	,	,	PUNCT
cjal-9251	649	45	property	property	NOUN
cjal-9251	649	46	tax	tax	NOUN
cjal-9251	649	47	,	,	PUNCT
cjal-9251	649	48	and	and	CCONJ
cjal-9251	649	49	urban	urban	ADJ
cjal-9251	649	50	land	land	NOUN
cjal-9251	649	51	use	use	NOUN
cjal-9251	649	52	tax	tax	NOUN
cjal-9251	649	53	for	for	ADP
cjal-9251	649	54	a	a	DET
cjal-9251	649	55	specified	specified	ADJ
cjal-9251	649	56	period	period	NOUN
cjal-9251	649	57	of	of	ADP
cjal-9251	649	58	time	time	NOUN
cjal-9251	649	59	"	"	PUNCT
cjal-9251	649	60	.	.	PUNCT
cjal-9251	650	1	200	200	NUM
cjal-9251	650	2	under	under	ADP
cjal-9251	650	3	the	the	DET
cjal-9251	650	4	notice	notice	NOUN
cjal-9251	650	5	on	on	ADP
cjal-9251	650	6	issues	issue	NOUN
cjal-9251	650	7	concerning	concern	VERB
cjal-9251	650	8	the	the	DET
cjal-9251	650	9	taxation	taxation	NOUN
cjal-9251	650	10	policy	policy	NOUN
cjal-9251	650	11	of	of	ADP
cjal-9251	650	12	the	the	DET
cjal-9251	650	13	national	national	PROPN
cjal-9251	650	14	university	university	PROPN
cjal-9251	650	15	science	science	NOUN
cjal-9251	650	16	park	park	NOUN
cjal-9251	650	17	2007	2007	NUM
cjal-9251	650	18	,	,	PUNCT
cjal-9251	650	19	"	"	PUNCT
cjal-9251	650	20	real	real	ADJ
cjal-9251	650	21	estate	estate	NOUN
cjal-9251	650	22	and	and	CCONJ
cjal-9251	650	23	land	land	NOUN
cjal-9251	650	24	may	may	AUX
cjal-9251	650	25	be	be	AUX
cjal-9251	650	26	used	use	VERB
cjal-9251	650	27	by	by	ADP
cjal-9251	650	28	qualifying	qualify	VERB
cjal-9251	650	29	incubators	incubator	NOUN
cjal-9251	650	30	for	for	ADP
cjal-9251	650	31	their	their	PRON
cjal-9251	650	32	own	own	ADJ
cjal-9251	650	33	purposes	purpose	NOUN
cjal-9251	650	34	or	or	CCONJ
cjal-9251	650	35	be	be	AUX
cjal-9251	650	36	offered	offer	VERB
cjal-9251	650	37	to	to	PART
cjal-9251	650	38	incubated	incubate	VERB
cjal-9251	650	39	companies	company	NOUN
cjal-9251	650	40	for	for	ADP
cjal-9251	650	41	free	free	ADJ
cjal-9251	650	42	or	or	CCONJ
cjal-9251	650	43	for	for	ADP
cjal-9251	650	44	a	a	DET
cjal-9251	650	45	rent	rent	NOUN
cjal-9251	650	46	.	.	PUNCT
cjal-9251	651	1	such	such	ADJ
cjal-9251	651	2	real	real	ADJ
cjal-9251	651	3	estate	estate	NOUN
cjal-9251	651	4	and	and	CCONJ
cjal-9251	651	5	land	land	NOUN
cjal-9251	651	6	shall	shall	AUX
cjal-9251	651	7	be	be	AUX
cjal-9251	651	8	exempted	exempt	VERB
cjal-9251	651	9	from	from	ADP
cjal-9251	651	10	real	real	ADJ
cjal-9251	651	11	estate	estate	NOUN
cjal-9251	651	12	taxes	taxis	NOUN
cjal-9251	651	13	and	and	CCONJ
cjal-9251	651	14	land	land	NOUN
cjal-9251	651	15	use	use	NOUN
cjal-9251	651	16	taxes	taxis	NOUN
cjal-9251	651	17	.	.	PUNCT
cjal-9251	651	18	"	"	PUNCT
cjal-9251	652	1	guanyu	guanyu	PROPN
cjal-9251	652	2	guojia	guojia	PROPN
cjal-9251	652	3	daxue	daxue	PROPN
cjal-9251	652	4	kejiyuan	kejiyuan	PROPN
cjal-9251	652	5	youguan	youguan	PROPN
cjal-9251	652	6	shuishou	shuishou	PROPN
cjal-9251	652	7	zhengce	zhengce	PROPN
cjal-9251	652	8	wenti	wenti	PROPN
cjal-9251	652	9	de	de	PROPN
cjal-9251	652	10	tongzhi	tongzhi	PROPN
cjal-9251	652	11	<	<	PROPN
cjal-9251	652	12	*	*	PUNCT
cjal-9251	652	13	-f	-f	PROPN
cjal-9251	652	14	-	-	PUNCT
cjal-9251	652	15	tlil*:k'r	tlil*:k'r	NOUN
cjal-9251	652	16	-	-	PUNCT
cjal-9251	652	17	fhilzil	fhilzil	NOUN
cjal-9251	652	18	{	{	PUNCT
cjal-9251	652	19	j-*~i&i!;l(ffi	j-*~i&i!;l(ffi	PROPN
cjal-9251	652	20	:	:	PUNCT
cjal-9251	652	21	fii]/l!a	fii]/l!a	PROPN
cjal-9251	652	22	<	<	X
cjal-9251	652	23	jiffi~	jiffi~	X
cjal-9251	652	24	)	)	PUNCT
cjal-9251	653	1	[	[	X
cjal-9251	653	2	notice	notice	NOUN
cjal-9251	653	3	on	on	ADP
cjal-9251	653	4	issues	issue	NOUN
cjal-9251	653	5	concerning	concern	VERB
cjal-9251	653	6	the	the	DET
cjal-9251	653	7	taxation	taxation	NOUN
cjal-9251	653	8	policy	policy	NOUN
cjal-9251	653	9	of	of	ADP
cjal-9251	653	10	the	the	DET
cjal-9251	653	11	national	national	ADJ
cjal-9251	653	12	univers	univer	NOUN
cjal-9251	653	13	ity	ity	PROPN
cjal-9251	653	14	science	science	NOUN
cjal-9251	653	15	park	park	PROPN
cjal-9251	653	16	]	]	PUNCT
cjal-9251	653	17	(	(	PUNCT
cjal-9251	653	18	issue	issue	NOUN
cjal-9251	653	19	d	d	NOUN
cjal-9251	653	20	by	by	ADP
cjal-9251	653	21	the	the	DET
cjal-9251	653	22	minstry	minstry	NOUN
cjal-9251	653	23	of	of	ADP
cjal-9251	653	24	finance	finance	PROPN
cjal-9251	653	25	&	&	CCONJ
cjal-9251	653	26	state	state	PROPN
cjal-9251	653	27	administration	administration	PROPN
cjal-9251	653	28	of	of	ADP
cjal-9251	653	29	taxation	taxation	PROPN
cjal-9251	653	30	,	,	PUNCT
cjal-9251	653	31	aug	aug	PROPN
cjal-9251	653	32	.	.	PROPN
cjal-9251	653	33	20	20	NUM
cjal-9251	653	34	,	,	PUNCT
cjal-9251	653	35	2007	2007	NUM
cjal-9251	653	36	)	)	PUNCT
cjal-9251	653	37	,	,	PUNCT
cjal-9251	653	38	http://bit.ly/2tp0l4n	http://bit.ly/2tp0l4n	ADJ
cjal-9251	653	39	.	.	PUNCT
cjal-9251	654	1	2().1	2().1	NUM
cjal-9251	654	2	in	in	ADP
cjal-9251	654	3	2013	2013	NUM
cjal-9251	654	4	,	,	PUNCT
cjal-9251	654	5	the	the	DET
cjal-9251	654	6	ministry	ministry	PROPN
cjal-9251	654	7	of	of	ADP
cjal-9251	654	8	finance	finance	PROPN
cjal-9251	654	9	and	and	CCONJ
cjal-9251	654	10	the	the	DET
cjal-9251	654	11	state	state	NOUN
cjal-9251	654	12	administration	administration	NOUN
cjal-9251	654	13	of	of	ADP
cjal-9251	654	14	taxation	taxation	NOUN
cjal-9251	654	15	extended	extend	VERB
cjal-9251	654	16	the	the	DET
cjal-9251	654	17	abovementioned	abovementione	VERB
cjal-9251	654	18	policy	policy	NOUN
cjal-9251	654	19	to	to	ADP
cjal-9251	654	20	31	31	NUM
cjal-9251	654	21	december	december	PROPN
cjal-9251	654	22	2015	2015	NUM
cjal-9251	654	23	.	.	PUNCT
cjal-9251	655	1	see	see	VERB
cjal-9251	655	2	press	press	NOUN
cjal-9251	655	3	release	release	NOUN
cjal-9251	655	4	,	,	PUNCT
cjal-9251	655	5	state	state	NOUN
cjal-9251	655	6	administ	administ	ADJ
cjal-9251	655	7	ration	ration	NOUN
cjal-9251	655	8	of	of	ADP
cjal-9251	655	9	taxation	taxation	NOUN
cjal-9251	655	10	of	of	ADP
cjal-9251	655	11	the	the	DET
cjal-9251	655	12	people	people	NOUN
cjal-9251	655	13	's	's	PART
cjal-9251	655	14	republic	republic	NOUN
cjal-9251	655	15	of	of	ADP
cjal-9251	655	16	china	china	PROPN
cjal-9251	655	17	,	,	PUNCT
cjal-9251	655	18	mof	mof	PROPN
cjal-9251	655	19	,	,	PUNCT
cjal-9251	655	20	sat	sit	VERB
cjal-9251	655	21	issue	issue	NOUN
cjal-9251	655	22	circulars	circular	NOUN
cjal-9251	655	23	on	on	ADP
cjal-9251	655	24	preferential	preferential	ADJ
cjal-9251	655	25	tax	tax	NOUN
cjal-9251	655	26	policies	policy	NOUN
cjal-9251	655	27	for	for	ADP
cjal-9251	655	28	incubators	incubator	NOUN
cjal-9251	655	29	and	and	CCONJ
cjal-9251	655	30	university	university	NOUN
cjal-9251	655	31	science	science	NOUN
cjal-9251	655	32	parks	park	NOUN
cjal-9251	655	33	2014	2014	NUM
cjal-9251	655	34	,	,	PUNCT
cjal-9251	655	35	(	(	PUNCT
cjal-9251	655	36	jan	jan	PROPN
cjal-9251	655	37	.	.	PROPN
cjal-9251	655	38	15	15	NUM
cjal-9251	655	39	,	,	PUNCT
cjal-9251	655	40	2013	2013	NUM
cjal-9251	655	41	)	)	PUNCT
cjal-9251	655	42	,	,	PUNCT
cjal-9251	655	43	http	http	X
cjal-9251	655	44	:	:	PUNCT
cjal-9251	655	45	ffbit.ly/2snnp7d	ffbit.ly/2snnp7d	PROPN
cjal-9251	655	46	.	.	PROPN
cjal-9251	656	1	200	200	NUM
cjal-9251	656	2	wan	wan	PROPN
cjal-9251	656	3	ge	ge	PROPN
cjal-9251	656	4	oh~	oh~	PROPN
cjal-9251	656	5	)	)	PUNCT
cjal-9251	656	6	.	.	PUNCT
cjal-9251	657	1	touzhong	touzhong	NOUN
cjal-9251	657	2	guandian	guandian	PROPN
cjal-9251	657	3	:	:	PUNCT
cjal-9251	657	4	guonei	guonei	PROPN
cjal-9251	657	5	fuhuaqi	fuhuaqi	PROPN
cjal-9251	657	6	fazhan	fazhan	PROPN
cjal-9251	657	7	shitou	shitou	PROPN
cjal-9251	657	8	xunmeng	xunmeng	PROPN
cjal-9251	657	9	,	,	PUNCT
cjal-9251	657	10	zijin	zijin	PROPN
cjal-9251	657	11	yali	yali	PROPN
cjal-9251	657	12	cheng	cheng	PROPN
cjal-9251	657	13	zhuyao	zhuyao	PROPN
cjal-9251	657	14	pingjing	pingjing	PROPN
cjal-9251	657	15	(	(	PUNCT
cjal-9251	657	16	n:'f'.w.ili2	n:'f'.w.ili2	PROPN
cjal-9251	657	17	.	.	PUNCT
cjal-9251	657	18	:	:	PUNCT
cjal-9251	658	1	oo	oo	ADP
cjal-9251	658	2	~	~	SYM
cjal-9251	658	3	jht~~~~:9-:i	jht~~~~:9-:i	X
cjal-9251	658	4	:	:	PUNCT
cjal-9251	658	5	b~	b~	PROPN
cjal-9251	658	6	l!i	l!i	PROPN
cjal-9251	658	7	~	~	NOUN
cjal-9251	658	8	ffif.11£:t	ffif.11£:t	ADJ
cjal-9251	658	9	~	~	SYM
cjal-9251	658	10	jlli	jlli	NOUN
cjal-9251	658	11	~	~	PUNCT
cjal-9251	658	12	)	)	PUNCT
cjal-9251	659	1	[	[	X
cjal-9251	659	2	china	china	PROPN
cjal-9251	659	3	venture	venture	PROPN
cjal-9251	659	4	viewpoint	viewpoint	NOUN
cjal-9251	659	5	:	:	PUNCT
cjal-9251	659	6	domestic	domestic	ADJ
cjal-9251	659	7	incubators	incubator	NOUN
cjal-9251	659	8	are	be	AUX
cjal-9251	659	9	developing	develop	VERB
cjal-9251	659	10	rapidly	rapidly	ADV
cjal-9251	659	11	,	,	PUNCT
cjal-9251	659	12	and	and	CCONJ
cjal-9251	659	13	pressure	pressure	NOUN
cjal-9251	659	14	to	to	PART
cjal-9251	659	15	raise	raise	VERB
cjal-9251	659	16	capi	capi	NOUN
cjal-9251	659	17	tal	tal	X
cjal-9251	659	18	is	be	AUX
cjal-9251	659	19	becoming	become	VERB
cjal-9251	659	20	the	the	DET
cjal-9251	659	21	major	major	ADJ
cjal-9251	659	22	bottleneck	bottleneck	NOUN
cjal-9251	659	23	]	]	PUNCT
cjal-9251	659	24	,	,	PUNCT
cjal-9251	659	25	n:'t'~	n:'t'~	PROPN
cjal-9251	659	26	[	[	X
cjal-9251	659	27	chinaventure.cn	chinaventure.cn	X
cjal-9251	659	28	]	]	X
cjal-9251	659	29	(	(	PUNCT
cjal-9251	659	30	jan	jan	PROPN
cjal-9251	659	31	.	.	PROPN
cjal-9251	659	32	27	27	NUM
cjal-9251	659	33	,	,	PUNCT
cjal-9251	659	34	2014	2014	NUM
cjal-9251	659	35	)	)	PUNCT
cjal-9251	659	36	,	,	PUNCT
cjal-9251	659	37	http	http	PROPN
cjal-9251	659	38	:	:	PUNCT
cjal-9251	659	39	//bit.ly/2tm7ycw	//bit.ly/2tm7ycw	PROPN
cjal-9251	659	40	.	.	PUNCT
cjal-9251	660	1	200	200	NUM
cjal-9251	660	2	see	see	NOUN
cjal-9251	660	3	keji	keji	PROPN
cjal-9251	660	4	buzhang	buzhang	PROPN
cjal-9251	660	5	wan	wan	PROPN
cjal-9251	660	6	gang	gang	PROPN
cjal-9251	660	7	da	da	PROPN
cjal-9251	660	8	jizhe	jizhe	PROPN
cjal-9251	660	9	wen	wen	PROPN
cjal-9251	660	10	(:	(:	VERB
cjal-9251	660	11	mtull*nffl	mtull*nffl	PROPN
cjal-9251	660	12	~	~	PROPN
cjal-9251	660	13	ic	ic	NUM
cjal-9251	660	14	:	:	PUNCT
cjal-9251	660	15	f;-fiij	f;-fiij	ADJ
cjal-9251	660	16	)	)	PUNCT
cjal-9251	660	17	science	science	NOUN
cjal-9251	660	18	and	and	CCONJ
cjal-9251	660	19	technology	technology	NOUN
cjal-9251	660	20	minister	minister	NOUN
cjal-9251	660	21	wan	wan	PROPN
cjal-9251	660	22	gang	gang	PROPN
cjal-9251	660	23	answers	answer	VERB
cjal-9251	660	24	reporters	reporter	NOUN
cjal-9251	660	25	'	'	PART
cjal-9251	660	26	questions	question	NOUN
cjal-9251	660	27	,	,	PUNCT
cjal-9251	660	28	'	'	PUNCT
cjal-9251	660	29	f	f	X
cjal-9251	660	30	'	'	PUNCT
cjal-9251	660	31	[:	[:	X
cjal-9251	660	32	lil	lil	X
cjal-9251	660	33	jijj	jijj	NOUN
cjal-9251	661	1	[	[	X
cjal-9251	661	2	china.org.cn	china.org.cn	X
cjal-9251	661	3	]	]	X
cjal-9251	661	4	(	(	PUNCT
cjal-9251	661	5	may	may	PROPN
cjal-9251	661	6	30	30	NUM
cjal-9251	661	7	,	,	PUNCT
cjal-9251	661	8	2015	2015	NUM
cjal-9251	661	9	)	)	PUNCT
cjal-9251	661	10	,	,	PUNCT
cjal-9251	662	1	http://bit.ly/2snoyvm	http://bit.ly/2snoyvm	PROPN
cjal-9251	662	2	.	.	PUNCT
cjal-9251	663	1	20	20	NUM
cjal-9251	663	2	:	:	PUNCT
cjal-9251	663	3	press	press	NOUN
cjal-9251	663	4	release	release	NOUN
cjal-9251	663	5	,	,	PUNCT
cjal-9251	663	6	state	state	NOUN
cjal-9251	663	7	intellectual	intellectual	ADJ
cjal-9251	663	8	property	property	NOUN
cjal-9251	663	9	office	office	NOUN
cjal-9251	663	10	of	of	ADP
cjal-9251	663	11	the	the	DET
cjal-9251	663	12	prc	prc	PROPN
cjal-9251	663	13	,	,	PUNCT
cjal-9251	663	14	china	china	PROPN
cjal-9251	663	15	received	receive	VERB
cjal-9251	663	16	over	over	ADP
cjal-9251	663	17	1	1	NUM
cjal-9251	663	18	million	million	NUM
cjal-9251	663	19	invention	invention	NOUN
cjal-9251	663	20	patent	patent	NOUN
cjal-9251	663	21	applications	application	NOUN
cjal-9251	663	22	in	in	ADP
cjal-9251	663	23	2015	2015	NUM
cjal-9251	663	24	(	(	PUNCT
cjal-9251	663	25	jan	jan	PROPN
cjal-9251	663	26	.	.	PROPN
cjal-9251	663	27	20	20	NUM
cjal-9251	663	28	,	,	PUNCT
cjal-9251	663	29	2016	2016	NUM
cjal-9251	663	30	)	)	PUNCT
cjal-9251	663	31	,	,	PUNCT
cjal-9251	663	32	http://bit.ly/	http://bit.ly/	PROPN
cjal-9251	663	33	2fjpquc	2fjpquc	NUM
cjal-9251	663	34	.	.	PUNCT
cjal-9251	663	35	208	208	NUM
cjal-9251	663	36	mette	mette	PROPN
cjal-9251	663	37	neville	neville	PROPN
cjal-9251	663	38	&	&	CCONJ
cjal-9251	663	39	karsten	karsten	PROPN
cjal-9251	663	40	engsig	engsig	PROPN
cjal-9251	663	41	sorensen	sorensen	PROPN
cjal-9251	663	42	,	,	PUNCT
cjal-9251	663	43	promoting	promote	VERB
cjal-9251	663	44	entrepreneurship	entrepreneurship	NOUN
cjal-9251	663	45	the	the	DET
cjal-9251	663	46	new	new	ADJ
cjal-9251	663	47	company	company	NOUN
cjal-9251	663	48	law	law	NOUN
cjal-9251	663	49	agenda	agenda	NOUN
cjal-9251	663	50	,	,	PUNCT
cjal-9251	663	51	15	15	NUM
cjal-9251	663	52	eur	eur	NOUN
cjal-9251	663	53	.	.	PUNCT
cjal-9251	664	1	bus	bus	NOUN
cjal-9251	664	2	.	.	PUNCT
cjal-9251	665	1	org	org	PROPN
cjal-9251	665	2	.	.	PUNCT
cjal-9251	666	1	l.	l.	PROPN
cjal-9251	666	2	rev	rev	PROPN
cjal-9251	666	3	.	.	PROPN
cjal-9251	667	1	545	545	NUM
cjal-9251	667	2	(	(	PUNCT
cjal-9251	667	3	2014	2014	NUM
cjal-9251	667	4	)	)	PUNCT
cjal-9251	667	5	.	.	PUNCT
cjal-9251	668	1	209	209	NUM
cjal-9251	668	2	in	in	ADP
cjal-9251	668	3	2015	2015	NUM
cjal-9251	668	4	,	,	PUNCT
cjal-9251	668	5	taiwan	taiwan	PROPN
cjal-9251	668	6	introduced	introduce	VERB
cjal-9251	668	7	a	a	DET
cjal-9251	668	8	new	new	ADJ
cjal-9251	668	9	corporate	corporate	ADJ
cjal-9251	668	10	form	form	NOUN
cjal-9251	668	11	,	,	PUNCT
cjal-9251	668	12	the	the	DET
cjal-9251	668	13	closely	closely	ADV
cjal-9251	668	14	-	-	PUNCT
cjal-9251	668	15	held	hold	VERB
cjal-9251	668	16	company	company	NOUN
cjal-9251	668	17	limited	limit	VERB
cjal-9251	668	18	by	by	ADP
cjal-9251	668	19	shares	share	NOUN
cjal-9251	668	20	,	,	PUNCT
cjal-9251	668	21	to	to	PART
cjal-9251	668	22	provide	provide	VERB
cjal-9251	668	23	flexibility	flexibility	NOUN
cjal-9251	668	24	for	for	ADP
cjal-9251	668	25	fund	fund	NOUN
cjal-9251	668	26	-	-	PUNCT
cjal-9251	668	27	raising	raising	NOUN
cjal-9251	668	28	for	for	ADP
cjal-9251	668	29	start	start	NOUN
cjal-9251	668	30	-	-	PUNCT
cjal-9251	668	31	ups	up	NOUN
cjal-9251	668	32	.	.	PUNCT
cjal-9251	669	1	see	see	VERB
cjal-9251	669	2	joseph	joseph	PROPN
cjal-9251	669	3	p.y	p.y	PROPN
cjal-9251	669	4	.	.	PROPN
cjal-9251	669	5	tseng	tseng	PROPN
cjal-9251	669	6	&	&	CCONJ
cjal-9251	669	7	jacqueline	jacqueline	PROPN
cjal-9251	669	8	fu	fu	PROPN
cjal-9251	669	9	,	,	PUNCT
cjal-9251	669	10	amendment	amendment	NOUN
cjal-9251	669	11	to	to	ADP
cjal-9251	669	12	taiwan	taiwan	PROPN
cjal-9251	669	13	's	's	PART
cjal-9251	669	14	company	company	NOUN
cjal-9251	669	15	act	act	NOUN
cjal-9251	669	16	establishes	establish	VERB
cjal-9251	669	17	'	'	PUNCT
cjal-9251	669	18	closely	closely	ADV
cjal-9251	669	19	-	-	PUNCT
cjal-9251	669	20	held	hold	VERB
cjal-9251	669	21	188	188	NUM
cjal-9251	669	22	columbia	columbia	PROPN
cjal-9251	669	23	jo	jo	PROPN
cjal-9251	669	24	urnal	urnal	PROPN
cjal-9251	669	25	of	of	ADP
cjal-9251	669	26	asian	asian	ADJ
cjal-9251	669	27	law	law	NOUN
cjal-9251	670	1	[	[	X
cjal-9251	670	2	vol	vol	NOUN
cjal-9251	670	3	.	.	PUNCT
cjal-9251	670	4	30:160	30:160	NUM
cjal-9251	670	5	on	on	ADP
cjal-9251	670	6	updating	update	VERB
cjal-9251	670	7	existing	exist	VERB
cjal-9251	670	8	corporate	corporate	ADJ
cjal-9251	670	9	forms	form	NOUN
cjal-9251	670	10	,	,	PUNCT
cjal-9251	670	11	introducing	introduce	VERB
cjal-9251	670	12	new	new	ADJ
cjal-9251	670	13	types	type	NOUN
cjal-9251	670	14	of	of	ADP
cjal-9251	670	15	private	private	ADJ
cjal-9251	670	16	companies	company	NOUN
cjal-9251	670	17	,	,	PUNCT
cjal-9251	670	18	reducing	reduce	VERB
cjal-9251	670	19	capital	capital	NOUN
cjal-9251	670	20	requirements	requirement	NOUN
cjal-9251	670	21	and	and	CCONJ
cjal-9251	670	22	procedures	procedure	NOUN
cjal-9251	670	23	for	for	ADP
cjal-9251	670	24	setting	set	VERB
cjal-9251	670	25	up	up	ADP
cjal-9251	670	26	companies	company	NOUN
cjal-9251	670	27	,	,	PUNCT
cjal-9251	670	28	as	as	ADV
cjal-9251	670	29	well	well	ADV
cjal-9251	670	30	as	as	ADP
cjal-9251	670	31	providing	provide	VERB
cjal-9251	670	32	more	more	ADJ
cjal-9251	670	33	flexibility	flexibility	NOUN
cjal-9251	670	34	in	in	ADP
cjal-9251	670	35	share	share	NOUN
cjal-9251	670	36	transfer	transfer	NOUN
cjal-9251	670	37	and	and	CCONJ
cjal-9251	670	38	corporate	corporate	ADJ
cjal-9251	670	39	governance	governance	NOUN
cjal-9251	670	40	.	.	PUNCT
cjal-9251	671	1	while	while	SCONJ
cjal-9251	671	2	some	some	PRON
cjal-9251	671	3	may	may	AUX
cjal-9251	671	4	argue	argue	VERB
cjal-9251	671	5	that	that	SCONJ
cjal-9251	671	6	company	company	NOUN
cjal-9251	671	7	law	law	NOUN
cjal-9251	671	8	reforms	reform	NOUN
cjal-9251	671	9	alone	alone	ADV
cjal-9251	671	10	do	do	AUX
cjal-9251	671	11	not	not	PART
cjal-9251	671	12	strengthen	strengthen	VERB
cjal-9251	671	13	enterprises	enterprise	NOUN
cjal-9251	671	14	and	and	CCONJ
cjal-9251	671	15	entrepreneurship	entrepreneurship	NOUN
cjal-9251	671	16	,	,	PUNCT
cjal-9251	671	17	empirical	empirical	ADJ
cjal-9251	671	18	studies	study	NOUN
cjal-9251	671	19	have	have	AUX
cjal-9251	671	20	found	find	VERB
cjal-9251	671	21	that	that	SCONJ
cjal-9251	671	22	fine	fine	ADJ
cjal-9251	671	23	-	-	PUNCT
cjal-9251	671	24	tuning	tune	VERB
cjal-9251	671	25	regulations	regulation	NOUN
cjal-9251	671	26	for	for	ADP
cjal-9251	671	27	companies	company	NOUN
cjal-9251	671	28	can	can	AUX
cjal-9251	671	29	have	have	VERB
cjal-9251	671	30	a	a	DET
cjal-9251	671	31	positive	positive	ADJ
cjal-9251	671	32	effect	effect	NOUN
cjal-9251	671	33	on	on	ADP
cjal-9251	671	34	entrepreneurship	entrepreneurship	NOUN
cjal-9251	671	35	,	,	PUNCT
cjal-9251	671	36	211	211	NUM
cjal-9251	671	37	in	in	ADP
cjal-9251	671	38	particular	particular	ADJ
cjal-9251	671	39	reducing	reduce	VERB
cjal-9251	671	40	the	the	DET
cjal-9251	671	41	minimum	minimum	ADJ
cjal-9251	671	42	capital	capital	NOUN
cjal-9251	671	43	requirement	requirement	NOUN
cjal-9251	671	44	.	.	PUNCT
cjal-9251	672	1	212	212	NUM
cjal-9251	672	2	the	the	DET
cjal-9251	672	3	llc	llc	PROPN
cjal-9251	672	4	is	be	AUX
cjal-9251	672	5	a	a	DET
cjal-9251	672	6	prominent	prominent	ADJ
cjal-9251	672	7	business	business	NOUN
cjal-9251	672	8	form	form	NOUN
cjal-9251	672	9	for	for	ADP
cjal-9251	672	10	portfolio	portfolio	NOUN
cjal-9251	672	11	companies	company	NOUN
cjal-9251	672	12	(	(	PUNCT
cjal-9251	672	13	i.e.	i.e.	X
cjal-9251	672	14	start	start	VERB
cjal-9251	672	15	-	-	PUNCT
cjal-9251	672	16	up	up	ADP
cjal-9251	672	17	firms	firm	NOUN
cjal-9251	672	18	)	)	PUNCT
cjal-9251	672	19	in	in	ADP
cjal-9251	672	20	the	the	DET
cjal-9251	672	21	chinese	chinese	PROPN
cjal-9251	672	22	vc	vc	PROPN
cjal-9251	672	23	matket	matket	PROPN
cjal-9251	672	24	.	.	PUNCT
cjal-9251	673	1	in	in	ADP
cjal-9251	673	2	recent	recent	ADJ
cjal-9251	673	3	years	year	NOUN
cjal-9251	673	4	,	,	PUNCT
cjal-9251	673	5	important	important	ADJ
cjal-9251	673	6	amendments	amendment	NOUN
cjal-9251	673	7	have	have	AUX
cjal-9251	673	8	been	be	AUX
cjal-9251	673	9	made	make	VERB
cjal-9251	673	10	to	to	ADP
cjal-9251	673	11	the	the	DET
cjal-9251	673	12	prc	prc	PROPN
cjal-9251	673	13	company	company	NOUN
cjal-9251	673	14	law	law	NOUN
cjal-9251	673	15	to	to	PART
cjal-9251	673	16	modernize	modernize	VERB
cjal-9251	673	17	the	the	DET
cjal-9251	673	18	corporate	corporate	ADJ
cjal-9251	673	19	regime	regime	NOUN
cjal-9251	673	20	,	,	PUNCT
cjal-9251	673	21	to	to	PART
cjal-9251	673	22	reduce	reduce	VERB
cjal-9251	673	23	the	the	DET
cjal-9251	673	24	costs	cost	NOUN
cjal-9251	673	25	in	in	ADP
cjal-9251	673	26	setting	set	VERB
cjal-9251	673	27	up	up	ADP
cjal-9251	673	28	a	a	DET
cjal-9251	673	29	business	business	NOUN
cjal-9251	673	30	,	,	PUNCT
cjal-9251	673	31	and	and	CCONJ
cjal-9251	673	32	to	to	PART
cjal-9251	673	33	facilitate	facilitate	VERB
cjal-9251	673	34	the	the	DET
cjal-9251	673	35	development	development	NOUN
cjal-9251	673	36	of	of	ADP
cjal-9251	673	37	vc	vc	PROPN
cjal-9251	673	38	.	.	PUNCT
cjal-9251	674	1	first	first	ADV
cjal-9251	674	2	,	,	PUNCT
cjal-9251	674	3	one	one	NUM
cjal-9251	674	4	of	of	ADP
cjal-9251	674	5	the	the	DET
cjal-9251	674	6	most	most	ADV
cjal-9251	674	7	significant	significant	ADJ
cjal-9251	674	8	company	company	NOUN
cjal-9251	674	9	law	law	NOUN
cjal-9251	674	10	reforms	reform	NOUN
cjal-9251	674	11	was	be	AUX
cjal-9251	674	12	the	the	DET
cjal-9251	674	13	abolition	abolition	NOUN
cjal-9251	674	14	of	of	ADP
cjal-9251	674	15	certain	certain	ADJ
cjal-9251	674	16	registered	register	VERB
cjal-9251	674	17	capital	capital	NOUN
cjal-9251	674	18	requirements	requirement	NOUN
cjal-9251	674	19	for	for	ADP
cjal-9251	674	20	domestic	domestic	ADJ
cjal-9251	674	21	and	and	CCONJ
cjal-9251	674	22	foreign	foreign	ADJ
cjal-9251	674	23	companies	company	NOUN
cjal-9251	674	24	in	in	ADP
cjal-9251	674	25	2013	2013	NUM
cjal-9251	674	26	.	.	PUNCT
cjal-9251	675	1	213	213	NUM
cjal-9251	675	2	prior	prior	ADV
cjal-9251	675	3	to	to	ADP
cjal-9251	675	4	this	this	DET
cjal-9251	675	5	revision	revision	NOUN
cjal-9251	675	6	,	,	PUNCT
cjal-9251	675	7	llcs	llcs	PROPN
cjal-9251	675	8	were	be	AUX
cjal-9251	675	9	required	require	VERB
cjal-9251	675	10	to	to	PART
cjal-9251	675	11	have	have	VERB
cjal-9251	675	12	a	a	DET
cjal-9251	675	13	minimum	minimum	ADJ
cjal-9251	675	14	registered	register	VERB
cjal-9251	675	15	capital	capital	NOUN
cjal-9251	675	16	of	of	ADP
cjal-9251	675	17	at	at	ADV
cjal-9251	675	18	least	least	ADJ
cjal-9251	675	19	rmb	rmb	VERB
cjal-9251	675	20	30,000	30,000	NUM
cjal-9251	675	21	(	(	PUNCT
cjal-9251	675	22	usd	usd	NOUN
cjal-9251	675	23	4,800	4,800	NUM
cjal-9251	675	24	)	)	PUNCT
cjal-9251	675	25	.	.	PUNCT
cjal-9251	676	1	214	214	NUM
cjal-9251	676	2	also	also	ADV
cjal-9251	676	3	,	,	PUNCT
cjal-9251	676	4	domestic	domestic	ADJ
cjal-9251	676	5	and	and	CCONJ
cjal-9251	676	6	foreign	foreign	ADJ
cjal-9251	676	7	investors	investor	NOUN
cjal-9251	676	8	were	be	AUX
cjal-9251	676	9	required	require	VERB
cjal-9251	676	10	to	to	PART
cjal-9251	676	11	contribute	contribute	VERB
cjal-9251	676	12	the	the	DET
cjal-9251	676	13	first	first	ADJ
cjal-9251	676	14	installment	installment	NOUN
cjal-9251	676	15	of	of	ADP
cjal-9251	676	16	registered	register	VERB
cjal-9251	676	17	capital	capital	NOUN
cjal-9251	676	18	within	within	ADP
cjal-9251	676	19	90	90	NUM
cjal-9251	676	20	days	day	NOUN
cjal-9251	676	21	from	from	ADP
cjal-9251	676	22	the	the	DET
cjal-9251	676	23	date	date	NOUN
cjal-9251	676	24	of	of	ADP
cjal-9251	676	25	incorporation	incorporation	NOUN
cjal-9251	676	26	,	,	PUNCT
cjal-9251	676	27	and	and	CCONJ
cjal-9251	676	28	the	the	DET
cjal-9251	676	29	remainder	remainder	NOUN
cjal-9251	676	30	within	within	ADP
cjal-9251	676	31	two	two	NUM
cjal-9251	676	32	years	year	NOUN
cjal-9251	676	33	.	.	PUNCT
cjal-9251	677	1	the	the	DET
cjal-9251	677	2	amendment	amendment	NOUN
cjal-9251	677	3	removes	remove	VERB
cjal-9251	677	4	this	this	DET
cjal-9251	677	5	statutory	statutory	ADJ
cjal-9251	677	6	threshold	threshold	NOUN
cjal-9251	677	7	.	.	PUNCT
cjal-9251	678	1	since	since	SCONJ
cjal-9251	678	2	march	march	PROPN
cjal-9251	678	3	1	1	NUM
cjal-9251	678	4	,	,	PUNCT
cjal-9251	678	5	2014	2014	NUM
cjal-9251	678	6	,	,	PUNCT
cjal-9251	678	7	investors	investor	NOUN
cjal-9251	678	8	have	have	AUX
cjal-9251	678	9	been	be	AUX
cjal-9251	678	10	free	free	ADJ
cjal-9251	678	11	to	to	PART
cjal-9251	678	12	decide	decide	VERB
cjal-9251	678	13	the	the	DET
cjal-9251	678	14	amount	amount	NOUN
cjal-9251	678	15	of	of	ADP
cjal-9251	678	16	registered	register	VERB
cjal-9251	678	17	capital	capital	NOUN
cjal-9251	678	18	in	in	ADP
cjal-9251	678	19	their	their	PRON
cjal-9251	678	20	companies	company	NOUN
cjal-9251	678	21	.	.	PUNCT
cjal-9251	679	1	companies	company	NOUN
cjal-9251	679	2	are	be	AUX
cjal-9251	679	3	no	no	ADV
cjal-9251	679	4	longer	long	ADV
cjal-9251	679	5	required	require	VERB
cjal-9251	679	6	to	to	PART
cjal-9251	679	7	appoint	appoint	VERB
cjal-9251	679	8	an	an	DET
cjal-9251	679	9	accounting	accounting	NOUN
cjal-9251	679	10	firm	firm	NOUN
cjal-9251	679	11	to	to	PART
cjal-9251	679	12	verify	verify	VERB
cjal-9251	679	13	mandatory	mandatory	ADJ
cjal-9251	679	14	capital	capital	NOUN
cjal-9251	679	15	contributions	contribution	NOUN
cjal-9251	679	16	and	and	CCONJ
cjal-9251	679	17	register	register	VERB
cjal-9251	679	18	the	the	DET
cjal-9251	679	19	paid	pay	VERB
cjal-9251	679	20	-	-	PUNCT
cjal-9251	679	21	in	in	ADP
cjal-9251	679	22	capital	capital	NOUN
cjal-9251	679	23	amount	amount	NOUN
cjal-9251	679	24	with	with	ADP
cjal-9251	679	25	the	the	DET
cjal-9251	679	26	company	company	NOUN
cjal-9251	679	27	registration	registration	NOUN
cjal-9251	679	28	agency	agency	NOUN
cjal-9251	679	29	.	.	PUNCT
cjal-9251	680	1	second	second	ADJ
cjal-9251	680	2	,	,	PUNCT
cjal-9251	680	3	the	the	DET
cjal-9251	680	4	newly	newly	ADV
cjal-9251	680	5	introduced	introduce	VERB
cjal-9251	680	6	"	"	PUNCT
cjal-9251	680	7	three	three	NUM
cjal-9251	680	8	-	-	PUNCT
cjal-9251	680	9	in	in	ADP
cjal-9251	680	10	-	-	PUNCT
cjal-9251	680	11	one	one	NUM
cjal-9251	680	12	"	"	PUNCT
cjal-9251	680	13	business	business	NOUN
cjal-9251	680	14	registration	registration	NOUN
cjal-9251	680	15	reform	reform	NOUN
cjal-9251	680	16	is	be	AUX
cjal-9251	680	17	another	another	DET
cjal-9251	680	18	noteworthy	noteworthy	ADJ
cjal-9251	680	19	improvement	improvement	NOUN
cjal-9251	680	20	in	in	ADP
cjal-9251	680	21	the	the	DET
cjal-9251	680	22	ease	ease	NOUN
cjal-9251	680	23	of	of	ADP
cjal-9251	680	24	starting	start	VERB
cjal-9251	680	25	business	business	NOUN
cjal-9251	680	26	in	in	ADP
cjal-9251	680	27	china	china	PROPN
cjal-9251	680	28	.	.	PUNCT
cjal-9251	681	1	starting	start	VERB
cjal-9251	681	2	from	from	ADP
cjal-9251	681	3	october	october	PROPN
cjal-9251	681	4	1	1	NUM
cjal-9251	681	5	,	,	PUNCT
cjal-9251	681	6	2015	2015	NUM
cjal-9251	681	7	,	,	PUNCT
cjal-9251	681	8	there	there	PRON
cjal-9251	681	9	is	be	VERB
cjal-9251	681	10	no	no	DET
cjal-9251	681	11	need	need	NOUN
cjal-9251	681	12	for	for	SCONJ
cjal-9251	681	13	different	different	ADJ
cjal-9251	681	14	government	government	NOUN
cjal-9251	681	15	agencies	agency	NOUN
cjal-9251	681	16	to	to	PART
cjal-9251	681	17	issue	issue	VERB
cjal-9251	681	18	business	business	NOUN
cjal-9251	681	19	certificates	certificate	NOUN
cjal-9251	681	20	separately	separately	ADV
cjal-9251	681	21	for	for	ADP
cjal-9251	681	22	enterprises	enterprise	NOUN
cjal-9251	681	23	applying	apply	VERB
cjal-9251	681	24	for	for	ADP
cjal-9251	681	25	registration	registration	NOUN
cjal-9251	681	26	.	.	PUNCT
cjal-9251	682	1	unified	unify	VERB
cjal-9251	682	2	registration	registration	NOUN
cjal-9251	682	3	procedures	procedure	NOUN
cjal-9251	682	4	,	,	PUNCT
cjal-9251	682	5	numbering	numbering	NOUN
cjal-9251	682	6	,	,	PUNCT
cjal-9251	682	7	and	and	CCONJ
cjal-9251	682	8	coding	code	VERB
cjal-9251	682	9	rules	rule	NOUN
cjal-9251	682	10	have	have	AUX
cjal-9251	682	11	been	be	AUX
cjal-9251	682	12	put	put	VERB
cjal-9251	682	13	into	into	ADP
cjal-9251	682	14	practice	practice	NOUN
cjal-9251	682	15	nationwide	nationwide	ADJ
cjal-9251	682	16	.	.	PUNCT
cjal-9251	683	1	215	215	NUM
cjal-9251	683	2	third	third	ADJ
cjal-9251	683	3	,	,	PUNCT
cjal-9251	683	4	an	an	DET
cjal-9251	683	5	additional	additional	ADJ
cjal-9251	683	6	important	important	ADJ
cjal-9251	683	7	reform	reform	NOUN
cjal-9251	683	8	is	be	AUX
cjal-9251	683	9	the	the	DET
cjal-9251	683	10	launch	launch	NOUN
cjal-9251	683	11	of	of	ADP
cjal-9251	683	12	a	a	DET
cjal-9251	683	13	new	new	ADJ
cjal-9251	683	14	annual	annual	ADJ
cjal-9251	683	15	company	company	NOUN
cjal-9251	683	16	limited	limit	VERB
cjal-9251	683	17	by	by	ADP
cjal-9251	683	18	shares	share	NOUN
cjal-9251	683	19	'	'	PUNCT
cjal-9251	683	20	to	to	PART
cjal-9251	683	21	provide	provide	VERB
cjal-9251	683	22	flexibility	flexibility	NOUN
cjal-9251	683	23	on	on	ADP
cjal-9251	683	24	fund	fund	NOUN
cjal-9251	683	25	-	-	PUNCT
cjal-9251	683	26	raising	raising	NOUN
cjal-9251	683	27	for	for	ADP
cjal-9251	683	28	startups	startup	NOUN
cjal-9251	683	29	,	,	PUNCT
cjal-9251	683	30	k&l	k&l	PROPN
cjal-9251	683	31	gates	gate	NOUN
cjal-9251	683	32	(	(	PUNCT
cjal-9251	683	33	jul	jul	PROPN
cjal-9251	683	34	27	27	NUM
cjal-9251	683	35	,	,	PUNCT
cjal-9251	683	36	2015	2015	NUM
cjal-9251	683	37	)	)	PUNCT
cjal-9251	683	38	,	,	PUNCT
cjal-9251	683	39	http	http	ADV
cjal-9251	683	40	:	:	PUNCT
cjal-9251	683	41	//bi	//bi	PUNCT
cjal-9251	684	1	t.ly	t.ly	INTJ
cjal-9251	684	2	/2ujnav2	/2ujnav2	PROPN
cjal-9251	684	3	.	.	PUNCT
cjal-9251	685	1	210	210	NUM
cjal-9251	685	2	see	see	VERB
cjal-9251	685	3	lin	lin	PROPN
cjal-9251	685	4	lin	lin	PROPN
cjal-9251	685	5	&	&	CCONJ
cjal-9251	685	6	michael	michael	PROPN
cjal-9251	685	7	ewing	ewing	PROPN
cjal-9251	685	8	-	-	PUNCT
cjal-9251	685	9	chow	chow	PROPN
cjal-9251	685	10	,	,	PUNCT
cjal-9251	685	11	the	the	DET
cjal-9251	685	12	doing	do	VERB
cjal-9251	685	13	business	business	NOUN
cjal-9251	685	14	ind	ind	NOUN
cjal-9251	685	15	icators	icator	NOUN
cjal-9251	685	16	in	in	ADP
cjal-9251	685	17	minority	minority	NOUN
cjal-9251	685	18	investor	investor	NOUN
cjal-9251	685	19	protection	protection	NOUN
cjal-9251	685	20	:	:	PUNCT
cjal-9251	685	21	the	the	DET
cjal-9251	685	22	case	case	NOUN
cjal-9251	685	23	of	of	ADP
cjal-9251	685	24	singapore	singapore	PROPN
cjal-9251	685	25	,	,	PUNCT
cjal-9251	685	26	1	1	NUM
cjal-9251	685	27	sing	sing	VERB
cjal-9251	685	28	.	.	PUNCT
cjal-9251	686	1	j.	j.	PROPN
cjal-9251	686	2	legal	legal	ADJ
cjal-9251	686	3	stud	stud	NOUN
cjal-9251	686	4	.	.	PUNCT
cjal-9251	687	1	46	46	NUM
cjal-9251	687	2	(	(	PUNCT
cjal-9251	687	3	2016	2016	NUM
cjal-9251	687	4	)	)	PUNCT
cjal-9251	687	5	.	.	PUNCT
cjal-9251	688	1	211	211	NUM
cjal-9251	688	2	see	see	VERB
cjal-9251	688	3	neville	neville	PROPN
cjal-9251	688	4	&	&	CCONJ
cjal-9251	688	5	sorensen	sorensen	PROPN
cjal-9251	688	6	,	,	PUNCT
cjal-9251	688	7	supra	supra	PROPN
cjal-9251	688	8	note	note	PROPN
cjal-9251	688	9	208	208	NUM
cjal-9251	688	10	,	,	PUNCT
cjal-9251	688	11	at	at	ADP
cjal-9251	688	12	584	584	NUM
cjal-9251	688	13	(	(	PUNCT
cjal-9251	688	14	"	"	PUNCT
cjal-9251	688	15	there	there	PRON
cjal-9251	688	16	is	be	VERB
cjal-9251	688	17	little	little	ADJ
cjal-9251	688	18	doubt	doubt	NOUN
cjal-9251	688	19	that	that	SCONJ
cjal-9251	688	20	legislation	legislation	NOUN
cjal-9251	688	21	on	on	ADP
cjal-9251	688	22	companies	company	NOUN
cjal-9251	688	23	can	can	AUX
cjal-9251	688	24	contribute	contribute	VERB
cjal-9251	688	25	to	to	ADP
cjal-9251	688	26	promoting	promote	VERB
cjal-9251	688	27	entrepreneurship	entrepreneurship	NOUN
cjal-9251	688	28	.	.	PUNCT
cjal-9251	688	29	"	"	PUNCT
cjal-9251	688	30	)	)	PUNCT
cjal-9251	688	31	.	.	PUNCT
cjal-9251	689	1	212	212	NUM
cjal-9251	689	2	1d	1d	NUM
cjal-9251	689	3	.	.	PUNCT
cjal-9251	690	1	213	213	NUM
cjal-9251	690	2	on	on	ADP
cjal-9251	690	3	december	december	PROPN
cjal-9251	690	4	28	28	NUM
cjal-9251	690	5	,	,	PUNCT
cjal-9251	690	6	2013	2013	NUM
cjal-9251	690	7	,	,	PUNCT
cjal-9251	690	8	the	the	DET
cjal-9251	690	9	standing	standing	PROPN
cjal-9251	690	10	committee	committee	PROPN
cjal-9251	690	11	of	of	ADP
cjal-9251	690	12	the	the	DET
cjal-9251	690	13	national	national	PROPN
cjal-9251	690	14	people	people	NOUN
cjal-9251	690	15	's	's	PART
cjal-9251	690	16	congress	congress	PROPN
cjal-9251	690	17	passed	pass	VERB
cjal-9251	690	18	certain	certain	ADJ
cjal-9251	690	19	amendments	amendment	NOUN
cjal-9251	690	20	to	to	ADP
cjal-9251	690	21	the	the	DET
cjal-9251	690	22	prc	prc	PROPN
cjal-9251	690	23	company	company	NOUN
cjal-9251	690	24	law	law	NOUN
cjal-9251	690	25	of	of	ADP
cjal-9251	690	26	2006	2006	NUM
cjal-9251	690	27	,	,	PUNCT
cjal-9251	690	28	effective	effective	ADJ
cjal-9251	690	29	as	as	ADP
cjal-9251	690	30	of	of	ADP
cjal-9251	690	31	march	march	PROPN
cjal-9251	690	32	1	1	NUM
cjal-9251	690	33	,	,	PUNCT
cjal-9251	690	34	2014	2014	NUM
cjal-9251	690	35	.	.	PUNCT
cjal-9251	691	1	see	see	VERB
cjal-9251	691	2	gongsi	gongsi	PROPN
cjal-9251	691	3	fa	fa	PROPN
cjal-9251	691	4	(	(	PUNCT
cjal-9251	691	5	~i'rj7	~i'rj7	NOUN
cjal-9251	691	6	t	t	NOUN
cjal-9251	691	7	)	)	PUNCT
cjal-9251	692	1	[	[	X
cjal-9251	692	2	company	company	NOUN
cjal-9251	692	3	law	law	NOUN
cjal-9251	692	4	]	]	PUNCT
cjal-9251	692	5	(	(	PUNCT
cjal-9251	692	6	promulgated	promulgate	VERB
cjal-9251	692	7	by	by	ADP
cjal-9251	692	8	the	the	DET
cjal-9251	692	9	standing	standing	NOUN
cjal-9251	692	10	comm	comm	NOUN
cjal-9251	692	11	.	.	PUNCT
cjal-9251	693	1	nat'l	nat'l	NOUN
cjal-9251	693	2	people	people	NOUN
cjal-9251	693	3	's	's	PART
cjal-9251	693	4	cong	cong	NOUN
cjal-9251	693	5	.	.	PUNCT
cjal-9251	693	6	,	,	PUNCT
cjal-9251	693	7	dec	dec	PROPN
cjal-9251	693	8	.	.	PROPN
cjal-9251	693	9	28	28	NUM
cjal-9251	693	10	,	,	PUNCT
cjal-9251	693	11	2005	2005	NUM
cjal-9251	693	12	,	,	PUNCT
cjal-9251	693	13	effective	effective	ADJ
cjal-9251	693	14	mar	mar	PROPN
cjal-9251	693	15	.	.	PROPN
cjal-9251	693	16	1	1	NUM
cjal-9251	693	17	,	,	PUNCT
cjal-9251	693	18	2006	2006	NUM
cjal-9251	693	19	,	,	PUNCT
cjal-9251	693	20	last	last	ADV
cjal-9251	693	21	revised	revise	VERB
cjal-9251	693	22	dec	dec	PROPN
cjal-9251	693	23	.	.	PROPN
cjal-9251	693	24	28	28	NUM
cjal-9251	693	25	,	,	PUNCT
cjal-9251	693	26	2014	2014	NUM
cjal-9251	693	27	)	)	PUNCT
cjal-9251	693	28	,	,	PUNCT
cjal-9251	693	29	http	http	NOUN
cjal-9251	693	30	:	:	PUNCT
cjal-9251	693	31	//bit.ly/2tzcp	//bit.ly/2tzcp	PUNCT
cjal-9251	693	32	by	by	ADP
cjal-9251	693	33	.	.	PROPN
cjal-9251	693	34	21	21	NUM
cjal-9251	693	35	1	1	NUM
cjal-9251	693	36	i	i	PROPN
cjal-9251	693	37	d.	d.	PROPN
cjal-9251	693	38	,	,	PUNCT
cjal-9251	693	39	art	art	NOUN
cjal-9251	693	40	.	.	PUNCT
cjal-9251	694	1	26	26	NUM
cjal-9251	694	2	.	.	X
cjal-9251	694	3	215	215	NUM
cjal-9251	694	4	press	press	NOUN
cjal-9251	694	5	release	release	NOUN
cjal-9251	694	6	,	,	PUNCT
cjal-9251	694	7	state	state	NOUN
cjal-9251	694	8	administration	administration	NOUN
cjal-9251	694	9	of	of	ADP
cjal-9251	694	10	taxation	taxation	NOUN
cjal-9251	694	11	of	of	ADP
cjal-9251	694	12	the	the	DET
cjal-9251	694	13	people	people	NOUN
cjal-9251	694	14	's	's	PART
cjal-9251	694	15	republic	republic	NOUN
cjal-9251	694	16	of	of	ADP
cjal-9251	694	17	china	china	PROPN
cjal-9251	694	18	,	,	PUNCT
cjal-9251	694	19	supra	supra	PROPN
cjal-9251	694	20	note	note	NOUN
cjal-9251	694	21	204	204	NUM
cjal-9251	694	22	.	.	PUNCT
cjal-9251	694	23	2017	2017	NUM
cjal-9251	694	24	]	]	PUNCT
cjal-9251	694	25	engineering	engineer	VERB
cjal-9251	694	26	a	a	DET
cjal-9251	694	27	venture	venture	NOUN
cjal-9251	694	28	capital	capital	NOUN
cjal-9251	694	29	market	market	NOUN
cjal-9251	694	30	189	189	NUM
cjal-9251	694	31	reporting	reporting	NOUN
cjal-9251	694	32	system	system	NOUN
cjal-9251	694	33	in	in	ADP
cjal-9251	694	34	2014	2014	NUM
cjal-9251	694	35	.	.	PUNCT
cjal-9251	695	1	216	216	NUM
cjal-9251	695	2	under	under	ADP
cjal-9251	695	3	the	the	DET
cjal-9251	695	4	new	new	ADJ
cjal-9251	695	5	system	system	NOUN
cjal-9251	695	6	,	,	PUNCT
cjal-9251	695	7	companies	company	NOUN
cjal-9251	695	8	are	be	AUX
cjal-9251	695	9	no	no	ADV
cjal-9251	695	10	longer	long	ADV
cjal-9251	695	11	required	require	VERB
cjal-9251	695	12	to	to	PART
cjal-9251	695	13	submit	submit	VERB
cjal-9251	695	14	annual	annual	ADJ
cjal-9251	695	15	reports	report	NOUN
cjal-9251	695	16	.	.	PUNCT
cjal-9251	696	1	instead	instead	ADV
cjal-9251	696	2	,	,	PUNCT
cjal-9251	696	3	the	the	DET
cjal-9251	696	4	regulator	regulator	NOUN
cjal-9251	696	5	will	will	AUX
cjal-9251	696	6	conduct	conduct	VERB
cjal-9251	696	7	random	random	ADJ
cjal-9251	696	8	reviews	review	NOUN
cjal-9251	696	9	of	of	ADP
cjal-9251	696	10	the	the	DET
cjal-9251	696	11	contents	content	NOUN
cjal-9251	696	12	of	of	ADP
cjal-9251	696	13	a	a	DET
cjal-9251	696	14	company	company	NOUN
cjal-9251	696	15	's	's	PART
cjal-9251	696	16	public	public	ADJ
cjal-9251	696	17	reports	report	NOUN
cjal-9251	696	18	.	.	PUNCT
cjal-9251	697	1	these	these	DET
cjal-9251	697	2	initiatives	initiative	NOUN
cjal-9251	697	3	have	have	AUX
cjal-9251	697	4	greatly	greatly	ADV
cjal-9251	697	5	reduced	reduce	VERB
cjal-9251	697	6	the	the	DET
cjal-9251	697	7	cost	cost	NOUN
cjal-9251	697	8	and	and	CCONJ
cjal-9251	697	9	procedures	procedure	NOUN
cjal-9251	697	10	involved	involve	VERB
cjal-9251	697	11	in	in	ADP
cjal-9251	697	12	setting	set	VERB
cjal-9251	697	13	up	up	ADP
cjal-9251	697	14	and	and	CCONJ
cjal-9251	697	15	doing	do	VERB
cjal-9251	697	16	business	business	NOUN
cjal-9251	697	17	.	.	PUNCT
cjal-9251	698	1	china	china	PROPN
cjal-9251	698	2	's	's	PART
cjal-9251	698	3	ranking	ranking	NOUN
cjal-9251	698	4	on	on	ADP
cjal-9251	698	5	the	the	DET
cjal-9251	698	6	world	world	PROPN
cjal-9251	698	7	bank	bank	NOUN
cjal-9251	698	8	's	's	PART
cjal-9251	698	9	ease	ease	NOUN
cjal-9251	698	10	of	of	ADP
cjal-9251	698	11	doing	do	VERB
cjal-9251	698	12	business	business	NOUN
cjal-9251	698	13	index	index	NOUN
cjal-9251	698	14	has	have	AUX
cjal-9251	698	15	also	also	ADV
cjal-9251	698	16	gradually	gradually	ADV
cjal-9251	698	17	increased	increase	VERB
cjal-9251	698	18	from	from	ADP
cjal-9251	698	19	no	no	NOUN
cjal-9251	698	20	.	.	PROPN
cjal-9251	698	21	99	99	NUM
cjal-9251	698	22	in	in	ADP
cjal-9251	698	23	2013	2013	NUM
cjal-9251	698	24	to	to	ADP
cjal-9251	698	25	no	no	NOUN
cjal-9251	698	26	.	.	PROPN
cjal-9251	698	27	78	78	NUM
cjal-9251	698	28	in	in	ADP
cjal-9251	698	29	2017_211	2017_211	NUM
cjal-9251	698	30	in	in	ADP
cjal-9251	698	31	2016	2016	NUM
cjal-9251	698	32	,	,	PUNCT
cjal-9251	698	33	16,513,000	16,513,000	NUM
cjal-9251	698	34	new	new	ADJ
cjal-9251	698	35	businesses	business	NOUN
cjal-9251	698	36	were	be	AUX
cjal-9251	698	37	registered	register	VERB
cjal-9251	698	38	in	in	ADP
cjal-9251	698	39	china	china	PROPN
cjal-9251	698	40	,	,	PUNCT
cjal-9251	698	41	a	a	DET
cjal-9251	698	42	11.6	11.6	NUM
cjal-9251	698	43	%	%	NOUN
cjal-9251	698	44	rise	rise	NOUN
cjal-9251	698	45	from	from	ADP
cjal-9251	698	46	the	the	DET
cjal-9251	698	47	same	same	ADJ
cjal-9251	698	48	period	period	NOUN
cjal-9251	698	49	the	the	DET
cjal-9251	698	50	previous	previous	ADJ
cjal-9251	698	51	year	year	NOUN
cjal-9251	698	52	.	.	PUNCT
cjal-9251	699	1	218	218	NUM
cjal-9251	699	2	this	this	DET
cjal-9251	699	3	increasing	increase	VERB
cjal-9251	699	4	number	number	NOUN
cjal-9251	699	5	of	of	ADP
cjal-9251	699	6	registered	register	VERB
cjal-9251	699	7	businesses	business	NOUN
cjal-9251	699	8	could	could	AUX
cjal-9251	699	9	be	be	AUX
cjal-9251	699	10	attributed	attribute	VERB
cjal-9251	699	11	,	,	PUNCT
cjal-9251	699	12	to	to	ADP
cjal-9251	699	13	a	a	DET
cjal-9251	699	14	certain	certain	ADJ
cjal-9251	699	15	extent	extent	NOUN
cjal-9251	699	16	,	,	PUNCT
cjal-9251	699	17	to	to	ADP
cjal-9251	699	18	fundamental	fundamental	ADJ
cjal-9251	699	19	changes	change	NOUN
cjal-9251	699	20	in	in	ADP
cjal-9251	699	21	the	the	DET
cjal-9251	699	22	domestic	domestic	ADJ
cjal-9251	699	23	business	business	NOUN
cjal-9251	699	24	regulatory	regulatory	ADJ
cjal-9251	699	25	environment	environment	NOUN
cjal-9251	699	26	.	.	PUNCT
cjal-9251	700	1	e.	e.	PROPN
cjal-9251	701	1	the	the	DET
cjal-9251	701	2	venture	venture	NOUN
cjal-9251	701	3	capital	capital	NOUN
cjal-9251	701	4	response	response	NOUN
cjal-9251	701	5	to	to	ADP
cjal-9251	701	6	governmental	governmental	ADJ
cjal-9251	701	7	actions	action	NOUN
cjal-9251	701	8	as	as	SCONJ
cjal-9251	701	9	discussed	discuss	VERB
cjal-9251	701	10	in	in	ADP
cjal-9251	701	11	this	this	DET
cjal-9251	701	12	part	part	NOUN
cjal-9251	701	13	,	,	PUNCT
cjal-9251	701	14	the	the	DET
cjal-9251	701	15	chinese	chinese	ADJ
cjal-9251	701	16	government	government	NOUN
cjal-9251	701	17	at	at	ADP
cjal-9251	701	18	both	both	CCONJ
cjal-9251	701	19	the	the	DET
cjal-9251	701	20	central	central	ADJ
cjal-9251	701	21	and	and	CCONJ
cjal-9251	701	22	local	local	ADJ
cjal-9251	701	23	levels	level	NOUN
cjal-9251	701	24	has	have	AUX
cjal-9251	701	25	helped	help	VERB
cjal-9251	701	26	to	to	PART
cjal-9251	701	27	tackle	tackle	VERB
cjal-9251	701	28	the	the	DET
cjal-9251	701	29	simultaneity	simultaneity	NOUN
cjal-9251	701	30	problem	problem	NOUN
cjal-9251	701	31	by	by	ADP
cjal-9251	701	32	establishing	establish	VERB
cjal-9251	701	33	legislative	legislative	ADJ
cjal-9251	701	34	and	and	CCONJ
cjal-9251	701	35	institutional	institutional	ADJ
cjal-9251	701	36	infrastructure	infrastructure	NOUN
cjal-9251	701	37	conducive	conducive	ADJ
cjal-9251	701	38	to	to	ADP
cjal-9251	701	39	vc	vc	PROPN
cjal-9251	701	40	development	development	NOUN
cjal-9251	701	41	.	.	PUNCT
cjal-9251	702	1	2	2	NUM
cjal-9251	702	2	19	19	NUM
cjal-9251	702	3	a	a	DET
cjal-9251	702	4	significant	significant	ADJ
cjal-9251	702	5	amount	amount	NOUN
cjal-9251	702	6	of	of	ADP
cjal-9251	702	7	legislation	legislation	NOUN
cjal-9251	702	8	has	have	AUX
cjal-9251	702	9	been	be	AUX
cjal-9251	702	10	promulgated	promulgate	VERB
cjal-9251	702	11	to	to	PART
cjal-9251	702	12	facilitate	facilitate	VERB
cjal-9251	702	13	the	the	DET
cjal-9251	702	14	different	different	ADJ
cjal-9251	702	15	stages	stage	NOUN
cjal-9251	702	16	of	of	ADP
cjal-9251	702	17	the	the	DET
cjal-9251	702	18	vc	vc	PROPN
cjal-9251	702	19	cycle	cycle	NOUN
cjal-9251	702	20	,	,	PUNCT
cjal-9251	702	21	including	include	VERB
cjal-9251	702	22	fundraising	fundraising	NOUN
cjal-9251	702	23	,	,	PUNCT
cjal-9251	702	24	investment	investment	NOUN
cjal-9251	702	25	,	,	PUNCT
cjal-9251	702	26	and	and	CCONJ
cjal-9251	702	27	exit	exit	NOUN
cjal-9251	702	28	.	.	PUNCT
cjal-9251	703	1	specifically	specifically	ADV
cjal-9251	703	2	,	,	PUNCT
cjal-9251	703	3	and	and	CCONJ
cjal-9251	703	4	with	with	ADP
cjal-9251	703	5	reference	reference	NOUN
cjal-9251	703	6	to	to	ADP
cjal-9251	703	7	the	the	DET
cjal-9251	703	8	hierarchy	hierarchy	NOUN
cjal-9251	703	9	of	of	ADP
cjal-9251	703	10	laws	law	NOUN
cjal-9251	703	11	,	,	PUNCT
cjal-9251	703	12	there	there	PRON
cjal-9251	703	13	have	have	AUX
cjal-9251	703	14	been	be	AUX
cjal-9251	703	15	:	:	PUNCT
cjal-9251	703	16	(	(	PUNCT
cjal-9251	703	17	1	1	X
cjal-9251	703	18	)	)	PUNCT
cjal-9251	703	19	national	national	ADJ
cjal-9251	703	20	laws	law	NOUN
cjal-9251	703	21	220	220	NUM
cjal-9251	703	22	ranging	range	VERB
cjal-9251	703	23	from	from	ADP
cjal-9251	703	24	the	the	DET
cjal-9251	703	25	company	company	NOUN
cjal-9251	703	26	law	law	NOUN
cjal-9251	703	27	to	to	ADP
cjal-9251	703	28	the	the	DET
cjal-9251	703	29	partnership	partnership	NOUN
cjal-9251	703	30	enterprise	enterprise	NOUN
cjal-9251	703	31	law	law	NOUN
cjal-9251	703	32	;	;	PUNCT
cjal-9251	703	33	221	221	NUM
cjal-9251	703	34	(	(	PUNCT
cjal-9251	703	35	2	2	NUM
cjal-9251	703	36	)	)	PUNCT
cjal-9251	703	37	administrative	administrative	ADJ
cjal-9251	703	38	regulations	regulation	NOUN
cjal-9251	703	39	222	222	NUM
cjal-9251	703	40	ranging	range	VERB
cjal-9251	703	41	from	from	ADP
cjal-9251	703	42	the	the	DET
cjal-9251	703	43	interim	interim	ADJ
cjal-9251	703	44	measures	measure	NOUN
cjal-9251	703	45	for	for	ADP
cjal-9251	703	46	administration	administration	NOUN
cjal-9251	703	47	of	of	ADP
cjal-9251	703	48	start	start	NOUN
cjal-9251	703	49	-	-	PUNCT
cjal-9251	703	50	up	up	ADP
cjal-9251	703	51	investment	investment	NOUN
cjal-9251	703	52	enterprises	enterprise	NOUN
cjal-9251	703	53	223	223	NUM
cjal-9251	703	54	to	to	ADP
cjal-9251	703	55	the	the	DET
cjal-9251	703	56	newly	newly	ADV
cjal-9251	703	57	promulgated	promulgate	VERB
cjal-9251	703	58	interim	interim	ADJ
cjal-9251	703	59	measures	measure	NOUN
cjal-9251	703	60	for	for	ADP
cjal-9251	703	61	supervision	supervision	NOUN
cjal-9251	703	62	and	and	CCONJ
cjal-9251	703	63	administration	administration	NOUN
cjal-9251	703	64	of	of	ADP
cjal-9251	703	65	private	private	ADJ
cjal-9251	703	66	investment	investment	NOUN
cjal-9251	703	67	funds	fund	NOUN
cjal-9251	703	68	;	;	PUNCT
cjal-9251	703	69	224	224	NUM
cjal-9251	703	70	and	and	CCONJ
cjal-9251	703	71	(	(	PUNCT
cjal-9251	703	72	3	3	X
cjal-9251	703	73	)	)	PUNCT
cjal-9251	703	74	various	various	ADJ
cjal-9251	703	75	local	local	ADJ
cjal-9251	703	76	regulations	regulation	NOUN
cjal-9251	703	77	governing	govern	VERB
cjal-9251	703	78	issues	issue	NOUN
cjal-9251	703	79	such	such	ADJ
cjal-9251	703	80	as	as	ADP
cjal-9251	703	81	216	216	NUM
cjal-9251	703	82	on	on	ADP
cjal-9251	703	83	february	february	PROPN
cjal-9251	703	84	14	14	NUM
cjal-9251	703	85	,	,	PUNCT
cjal-9251	703	86	2014	2014	NUM
cjal-9251	703	87	,	,	PUNCT
cjal-9251	703	88	the	the	DET
cjal-9251	703	89	saic	saic	PROPN
cjal-9251	703	90	published	publish	VERB
cjal-9251	703	91	the	the	DET
cjal-9251	703	92	notice	notice	NOUN
cjal-9251	703	93	on	on	ADP
cjal-9251	703	94	ceasing	cease	VERB
cjal-9251	703	95	the	the	DET
cjal-9251	703	96	annual	annual	ADJ
cjal-9251	703	97	l11spection	l11spection	NOUN
cjal-9251	703	98	of	of	ADP
cjal-9251	703	99	enterprises	enterprise	NOUN
cjal-9251	703	100	.	.	PUNCT
cjal-9251	704	1	gongshang	gongshang	PROPN
cjal-9251	704	2	zongju	zongju	PROPN
cjal-9251	704	3	:	:	PUNCT
cjal-9251	704	4	qiye	qiye	PROPN
cjal-9251	704	5	nianjiao	nianjiao	VERB
cjal-9251	704	6	3	3	NUM
cjal-9251	704	7	yue	yue	PROPN
cjal-9251	704	8	1	1	NUM
cjal-9251	704	9	ri	ri	PROPN
cjal-9251	704	10	qi	qi	PROPN
cjal-9251	704	11	quxiao	quxiao	NOUN
cjal-9251	704	12	(	(	PUNCT
cjal-9251	704	13	ijl'fj.~	ijl'fj.~	PROPN
cjal-9251	704	14	,	,	PUNCT
cjal-9251	704	15	r,;'j	r,;'j	NOUN
cjal-9251	704	16	,	,	PUNCT
cjal-9251	704	17	{	{	PUNCT
cjal-9251	704	18	e~1j::~	e~1j::~	NOUN
cjal-9251	704	19	3	3	NUM
cjal-9251	704	20	)	)	PUNCT
cjal-9251	704	21	'	'	NUM
cjal-9251	704	22	j	j	PROPN
cjal-9251	704	23	1	1	NUM
cjal-9251	704	24	b	b	PROPN
cjal-9251	704	25	®	®	PROPN
cjal-9251	704	26	j{)(w	j{)(w	PROPN
cjal-9251	704	27	!	!	PUNCT
cjal-9251	704	28	)	)	PUNCT
cjal-9251	705	1	[	[	X
cjal-9251	705	2	notice	notice	NOUN
cjal-9251	705	3	on	on	ADP
cjal-9251	705	4	ceasing	cease	VERB
cjal-9251	705	5	the	the	DET
cjal-9251	705	6	annual	annual	ADJ
cjal-9251	705	7	inspection	inspection	NOUN
cjal-9251	705	8	of	of	ADP
cjal-9251	705	9	enterprises	enterprise	NOUN
cjal-9251	705	10	]	]	PUNCT
cjal-9251	705	11	,	,	PUNCT
cjal-9251	705	12	remin	remin	NOUN
cjal-9251	705	13	ribao	ribao	PROPN
cjal-9251	705	14	(	(	PUNCT
cjal-9251	705	15	a~	a~	PROPN
cjal-9251	705	16	bffl	bffl	PROPN
cjal-9251	705	17	.	.	PUNCT
cjal-9251	705	18	)	)	PUNCT
cjal-9251	706	1	[	[	X
cjal-9251	706	2	people	people	NOUN
cjal-9251	706	3	's	's	PART
cjal-9251	706	4	daily	daily	ADV
cjal-9251	706	5	]	]	X
cjal-9251	706	6	(	(	PUNCT
cjal-9251	706	7	feb	feb	X
cjal-9251	706	8	.	.	PROPN
cjal-9251	706	9	20	20	NUM
cjal-9251	706	10	,	,	PUNCT
cjal-9251	706	11	2014	2014	NUM
cjal-9251	706	12	)	)	PUNCT
cjal-9251	706	13	,	,	PUNCT
cjal-9251	706	14	http	http	ADV
cjal-9251	706	15	:	:	PUNCT
cjal-9251	706	16	//bit.ly	//bit.ly	PUNCT
cjal-9251	707	1	/2sipst	/2sipst	ADJ
cjal-9251	707	2	7	7	X
cjal-9251	707	3	.	.	X
cjal-9251	707	4	mdoing	mdoe	VERB
cjal-9251	707	5	business	business	NOUN
cjal-9251	707	6	reports	report	VERB
cjal-9251	707	7	011	011	NUM
cjal-9251	707	8	china	china	PROPN
cjal-9251	707	9	,	,	PUNCT
cjal-9251	707	10	world	world	PROPN
cjal-9251	707	11	bank	bank	PROPN
cjal-9251	707	12	group	group	NOUN
cjal-9251	707	13	,	,	PUNCT
cjal-9251	707	14	http	http	PROPN
cjal-9251	707	15	:	:	PUNCT
cjal-9251	707	16	//bit.ly	//bit.ly	PUNCT
cjal-9251	708	1	/lty9qsj	/lty9qsj	NOUN
cjal-9251	708	2	(	(	PUNCT
cjal-9251	708	3	last	last	ADV
cjal-9251	708	4	visited	visit	VERB
cjal-9251	708	5	aug	aug	PROPN
cjal-9251	708	6	.	.	PROPN
cjal-9251	708	7	21	21	NUM
cjal-9251	708	8	,	,	PUNCT
cjal-9251	708	9	2017	2017	NUM
cjal-9251	708	10	)	)	PUNCT
cjal-9251	708	11	.	.	PUNCT
cjal-9251	709	1	21a	21a	PROPN
cjal-9251	709	2	press	press	NOUN
cjal-9251	709	3	release	release	NOUN
cjal-9251	709	4	,	,	PUNCT
cjal-9251	709	5	gongshang	gongshang	PROPN
cjal-9251	709	6	zongju	zongju	PROPN
cjal-9251	709	7	xiang	xiang	PROPN
cjal-9251	709	8	meiti	meiti	PROPN
cjal-9251	709	9	jieshao	jieshao	PROPN
cjal-9251	709	10	2016	2016	NUM
cjal-9251	709	11	nian	nian	ADJ
cjal-9251	709	12	quanguo	quanguo	PROPN
cjal-9251	709	13	shichang	shichang	PROPN
cjal-9251	709	14	zhuti	zhuti	PROPN
cjal-9251	709	15	·	·	PUNCT
cjal-9251	709	16	fazhan	fazhan	PROPN
cjal-9251	709	17	deng	deng	PROPN
cjal-9251	709	18	xiangguan	xiangguan	PROPN
cjal-9251	709	19	qingkuang	qingkuang	PROPN
cjal-9251	709	20	(	(	PUNCT
cjal-9251	709	21	ij!li,(;/_f.j(,;j~-(,j;;f)'-ffi2016~:ijilfm:¼	ij!li,(;/_f.j(,;j~-(,j;;f)'-ffi2016~:ijilfm:¼	INTJ
cjal-9251	709	22	:	:	PUNCT
cjal-9251	709	23	:	:	PUNCT
cjal-9251	709	24	1:-u.~/l	1:-u.~/l	NUM
cjal-9251	709	25	~	~	NOUN
cjal-9251	709	26	ffl;}(:tilil.)i	ffl;}(:tilil.)i	NOUN
cjal-9251	709	27	'	'	PART
cjal-9251	709	28	.	.	PUNCT
cjal-9251	709	29	)	)	PUNCT
cjal-9251	710	1	[	[	X
cjal-9251	710	2	the	the	DET
cjal-9251	710	3	state	state	PROPN
cjal-9251	710	4	administration	administration	NOUN
cjal-9251	710	5	for	for	ADP
cjal-9251	710	6	industry	industry	NOUN
cjal-9251	710	7	and	and	CCONJ
cjal-9251	710	8	commerce	commerce	NOUN
cjal-9251	710	9	introduced	introduce	VERB
cjal-9251	710	10	the	the	DET
cjal-9251	710	11	development	development	NOUN
cjal-9251	710	12	of	of	ADP
cjal-9251	710	13	national	national	ADJ
cjal-9251	710	14	market	market	NOUN
cjal-9251	710	15	entities	entity	NOUN
cjal-9251	710	16	in	in	ADP
cjal-9251	710	17	2016	2016	NUM
cjal-9251	710	18	]	]	PUNCT
cjal-9251	710	19	(	(	PUNCT
cjal-9251	710	20	jan	jan	PROPN
cjal-9251	710	21	.	.	PROPN
cjal-9251	710	22	20	20	NUM
cjal-9251	710	23	,	,	PUNCT
cjal-9251	710	24	2017	2017	NUM
cjal-9251	710	25	)	)	PUNCT
cjal-9251	710	26	,	,	PUNCT
cjal-9251	710	27	http://bit.ly/2tljqas	http://bit.ly/2tljqas	PROPN
cjal-9251	710	28	.	.	PUNCT
cjal-9251	711	1	21s	21	NOUN
cjal-9251	711	2	see	see	VERB
cjal-9251	711	3	appendix	appendix	NOUN
cjal-9251	711	4	1	1	NUM
cjal-9251	711	5	and	and	CCONJ
cjal-9251	711	6	appendi.x	appendi.x	NOUN
cjal-9251	711	7	2	2	NUM
cjal-9251	711	8	,	,	PUNCT
cjal-9251	711	9	infra	infra	NOUN
cjal-9251	711	10	.	.	PUNCT
cjal-9251	712	1	220	220	NUM
cjal-9251	712	2	national	national	ADJ
cjal-9251	712	3	laws	law	NOUN
cjal-9251	712	4	are	be	AUX
cjal-9251	712	5	promulgated	promulgate	VERB
cjal-9251	712	6	by	by	ADP
cjal-9251	712	7	the	the	DET
cjal-9251	712	8	national	national	PROPN
cjal-9251	712	9	people	people	PROPN
cjal-9251	712	10	's	's	PART
cjal-9251	712	11	congress	congress	PROPN
cjal-9251	712	12	and	and	CCONJ
cjal-9251	712	13	its	its	PRON
cjal-9251	712	14	standing	standing	PROPN
cjal-9251	712	15	committee	committee	NOUN
cjal-9251	712	16	.	.	PUNCT
cjal-9251	713	1	221	221	NUM
cjal-9251	713	2	zhengquan	zhengquan	PROPN
cjal-9251	713	3	touzi	touzi	PROPN
cjal-9251	713	4	jijin	jijin	PROPN
cjal-9251	713	5	fa	fa	PROPN
cjal-9251	713	6	(	(	PUNCT
cjal-9251	713	7	iie	iie	PROPN
cjal-9251	713	8	:	:	PUNCT
cjal-9251	713	9	fft'itl51t¥~it	fft'itl51t¥~it	NOUN
cjal-9251	713	10	)	)	PUNCT
cjal-9251	714	1	[	[	X
cjal-9251	714	2	securities	security	NOUN
cjal-9251	714	3	investment	investment	NOUN
cjal-9251	714	4	fund	fund	NOUN
cjal-9251	714	5	law	law	NOUN
cjal-9251	714	6	]	]	PUNCT
cjal-9251	714	7	(	(	PUNCT
cjal-9251	714	8	promulgated	promulgate	VERB
cjal-9251	714	9	by	by	ADP
cjal-9251	714	10	the	the	DET
cjal-9251	714	11	standing	standing	NOUN
cjal-9251	714	12	comm	comm	NOUN
cjal-9251	714	13	.	.	PUNCT
cjal-9251	715	1	nat'l	nat'l	NOUN
cjal-9251	715	2	people	people	NOUN
cjal-9251	715	3	's	's	PART
cjal-9251	715	4	cong	cong	NOUN
cjal-9251	715	5	.	.	PROPN
cjal-9251	715	6	,	,	PUNCT
cjal-9251	715	7	oct	oct	PROPN
cjal-9251	715	8	.	.	PROPN
cjal-9251	715	9	28	28	NUM
cjal-9251	715	10	,	,	PUNCT
cjal-9251	715	11	2003	2003	NUM
cjal-9251	715	12	,	,	PUNCT
cjal-9251	715	13	revised	revise	VERB
cjal-9251	715	14	dec	dec	PROPN
cjal-9251	715	15	.	.	PROPN
cjal-9251	715	16	28	28	NUM
cjal-9251	715	17	,	,	PUNCT
cjal-9251	715	18	2012	2012	NUM
cjal-9251	715	19	,	,	PUNCT
cjal-9251	715	20	effective	effective	ADJ
cjal-9251	715	21	june	june	PROPN
cjal-9251	715	22	1	1	NUM
cjal-9251	715	23	,	,	PUNCT
cjal-9251	715	24	2013	2013	NUM
cjal-9251	715	25	)	)	PUNCT
cjal-9251	715	26	,	,	PUNCT
cjal-9251	715	27	available	available	ADJ
cjal-9251	715	28	at	at	ADP
cjal-9251	715	29	http://bit.ly/2si7hzu	http://bit.ly/2si7hzu	PRON
cjal-9251	715	30	.	.	PUNCT
cjal-9251	716	1	222	222	NUM
cjal-9251	716	2	administrative	administrative	ADJ
cjal-9251	716	3	regulations	regulation	NOUN
cjal-9251	716	4	are	be	AUX
cjal-9251	716	5	promulgated	promulgate	VERB
cjal-9251	716	6	by	by	ADP
cjal-9251	716	7	the	the	DET
cjal-9251	716	8	state	state	PROPN
cjal-9251	716	9	council	council	PROPN
cjal-9251	716	10	and	and	CCONJ
cjal-9251	716	11	the	the	DET
cjal-9251	716	12	ministries	ministry	NOUN
cjal-9251	716	13	under	under	ADP
cjal-9251	716	14	the	the	DET
cjal-9251	716	15	state	state	NOUN
cjal-9251	716	16	council	council	PROPN
cjal-9251	716	17	.	.	PUNCT
cjal-9251	717	1	22a	22a	NUM
cjal-9251	717	2	chuangye	chuangye	VERB
cjal-9251	717	3	touzi	touzi	PROPN
cjal-9251	718	1	qiye	qiye	PROPN
cjal-9251	718	2	guanli	guanli	PROPN
cjal-9251	718	3	zhanxing	zhanxing	PROPN
cjal-9251	718	4	banfa	banfa	NOUN
cjal-9251	718	5	(	(	PUNCT
cjal-9251	718	6	¤1	¤1	NOUN
cjal-9251	718	7	~	~	SYM
cjal-9251	718	8	t'itl51tfe~'l11lllfhr/}it	t'itl51tfe~'l11lllfhr/}it	NOUN
cjal-9251	718	9	)	)	PUNCT
cjal-9251	719	1	[	[	X
cjal-9251	719	2	interim	interim	ADJ
cjal-9251	719	3	measures	measure	NOUN
cjal-9251	719	4	for	for	ADP
cjal-9251	719	5	administration	administration	NOUN
cjal-9251	719	6	of	of	ADP
cjal-9251	719	7	start	start	NOUN
cjal-9251	719	8	-	-	PUNCT
cjal-9251	719	9	up	up	ADP
cjal-9251	719	10	investment	investment	NOUN
cjal-9251	719	11	enterprises	enterprise	NOUN
cjal-9251	719	12	]	]	PUNCT
cjal-9251	719	13	(	(	PUNCT
cjal-9251	719	14	promulgated	promulgate	VERB
cjal-9251	719	15	by	by	ADP
cjal-9251	719	16	the	the	DET
cjal-9251	719	17	st	st	PROPN
cjal-9251	719	18	.	.	PROPN
cjal-9251	719	19	dev	dev	PROPN
cjal-9251	719	20	.	.	PROPN
cjal-9251	719	21	&	&	CCONJ
cjal-9251	719	22	reform	reform	PROPN
cjal-9251	719	23	comm'n	comm'n	PROPN
cjal-9251	719	24	,	,	PUNCT
cjal-9251	719	25	et	et	PROPN
cjal-9251	719	26	al	al	PROPN
cjal-9251	719	27	.	.	PROPN
cjal-9251	719	28	,	,	PUNCT
cjal-9251	719	29	nov	nov	PROPN
cjal-9251	719	30	.	.	PROPN
cjal-9251	719	31	15	15	NUM
cjal-9251	719	32	,	,	PUNCT
cjal-9251	719	33	2005	2005	NUM
cjal-9251	719	34	,	,	PUNCT
cjal-9251	719	35	effective	effective	ADJ
cjal-9251	719	36	mar	mar	PROPN
cjal-9251	719	37	.	.	PROPN
cjal-9251	719	38	1	1	NUM
cjal-9251	719	39	,	,	PUNCT
cjal-9251	719	40	2006	2006	NUM
cjal-9251	719	41	)	)	PUNCT
cjal-9251	719	42	,	,	PUNCT
cjal-9251	720	1	http://bit.ly	http://bit.ly	PROPN
cjal-9251	720	2	/2tzcq5	/2tzcq5	NOUN
cjal-9251	721	1	g.	g.	PROPN
cjal-9251	721	2	221	221	NUM
cjal-9251	721	3	see	see	VERB
cjal-9251	721	4	guojia	guojia	NOUN
cjal-9251	721	5	fazhan	fazhan	NOUN
cjal-9251	721	6	gaigewei	gaigewei	NOUN
cjal-9251	721	7	bangoogting	bangoogte	VERB
cjal-9251	721	8	guanyu	guanyu	PROPN
cjal-9251	722	1	jinyibu	jinyibu	PROPN
cjal-9251	722	2	guifan	guifan	PROPN
cjal-9251	722	3	shidian	shidian	PROPN
cjal-9251	723	1	diqu	diqu	PROPN
cjal-9251	723	2	guquan	guquan	PROPN
cjal-9251	724	1	touzi	touzi	PROPN
cjal-9251	724	2	qiye	qiye	PROPN
cjal-9251	725	1	fazhan	fazhan	PROPN
cjal-9251	725	2	he	he	PRON
cjal-9251	725	3	beian	beian	PROPN
cjal-9251	725	4	guanli	guanli	PROPN
cjal-9251	725	5	gongzuo	gongzuo	PROPN
cjal-9251	725	6	de	de	X
cjal-9251	725	7	tongzhi	tongzhi	PROPN
cjal-9251	725	8	(	(	PUNCT
cjal-9251	725	9	l	l	NOUN
cjal-9251	725	10	=	=	NOUN
cjal-9251	725	11	i<1	i<1	NOUN
cjal-9251	725	12	*	*	NOUN
cjal-9251	725	13	2itnet&t(,:~1}-0ff	2itnet&t(,:~1}-0ff	NOUN
cjal-9251	725	14	*	*	PUNCT
cjal-9251	725	15	fill-~i.!hil:-utt#:.t&i.r~-t51.t'itl51t1e~.lit	fill-~i.!hil:-utt#:.t&i.r~-t51.t'itl51t1e~.lit	ADV
cjal-9251	725	16	/	/	SYM
cjal-9251	725	17	l~~~ffl:!ll.i	l~~~ffl:!ll.i	VERB
cjal-9251	725	18	f'j	f'j	PROPN
cjal-9251	725	19	,	,	PUNCT
cjal-9251	725	20	bl	bl	PROPN
cjal-9251	725	21	:	:	PUNCT
cjal-9251	725	22	jiihll	jiihll	NOUN
cjal-9251	725	23	)	)	PUNCT
cjal-9251	726	1	[	[	X
cjal-9251	726	2	notice	notice	NOUN
cjal-9251	726	3	of	of	ADP
cjal-9251	726	4	the	the	DET
cjal-9251	726	5	general	general	ADJ
cjal-9251	726	6	office	office	PROPN
cjal-9251	726	7	190	190	NUM
cjal-9251	726	8	columbia	columbia	PROPN
cjal-9251	726	9	j	j	PROPN
cjal-9251	726	10	ournal	ournal	ADJ
cjal-9251	726	11	of	of	ADP
cjal-9251	726	12	asia.\	asia.\	ADJ
cjal-9251	726	13	'	'	PUNCT
cjal-9251	726	14	lan	lan	PROPN
cjal-9251	726	15	'	'	PART
cjal-9251	726	16	[	[	X
cjal-9251	726	17	\'ol	\'ol	NOUN
cjal-9251	726	18	.	.	PUNCT
cjal-9251	726	19	30	30	NUM
cjal-9251	726	20	:	:	PUNCT
cjal-9251	726	21	160	160	NUM
cjal-9251	726	22	establishment	establishment	NOUN
cjal-9251	726	23	of	of	ADP
cjal-9251	726	24	funds	fund	NOUN
cjal-9251	726	25	and	and	CCONJ
cjal-9251	726	26	tax	tax	NOUN
cjal-9251	726	27	.	.	PUNCT
cjal-9251	727	1	in	in	ADP
cjal-9251	727	2	particular	particular	ADJ
cjal-9251	727	3	,	,	PUNCT
cjal-9251	727	4	the	the	DET
cjal-9251	727	5	legi	legi	PROPN
cjal-9251	727	6	slati	slati	PROPN
cjal-9251	727	7	on	on	ADP
cjal-9251	727	8	and	and	CCONJ
cjal-9251	727	9	policies	policy	NOUN
cjal-9251	727	10	described	describe	VERB
cjal-9251	727	11	above	above	ADV
cjal-9251	727	12	have	have	AUX
cjal-9251	727	13	contributed	contribute	VERB
cjal-9251	727	14	to	to	ADP
cjal-9251	727	15	the	the	DET
cjal-9251	727	16	effective	effective	ADJ
cjal-9251	727	17	engineering	engineering	NOUN
cjal-9251	727	18	of	of	ADP
cjal-9251	727	19	china	china	PROPN
cjal-9251	727	20	's	's	PART
cjal-9251	727	21	vc	vc	PROPN
cjal-9251	727	22	framework	framework	NOUN
cjal-9251	727	23	:	:	PUNCT
cjal-9251	727	24	(	(	PUNCT
cjal-9251	727	25	1	1	X
cjal-9251	727	26	)	)	PUNCT
cjal-9251	727	27	providing	provide	VERB
cjal-9251	727	28	public	public	ADJ
cjal-9251	727	29	funding	funding	NOUN
cjal-9251	727	30	through	through	ADP
cjal-9251	727	31	ggfs	ggfs	NOUN
cjal-9251	727	32	and	and	CCONJ
cjal-9251	727	33	increasing	increase	VERB
cjal-9251	727	34	private	private	ADJ
cjal-9251	727	35	funding	funding	NOUN
cjal-9251	727	36	by	by	ADP
cjal-9251	727	37	easing	ease	VERB
cjal-9251	727	38	regulatory	regulatory	ADJ
cjal-9251	727	39	barri	barri	NOUN
cjal-9251	727	40	ers	er	NOUN
cjal-9251	727	41	towards	towards	ADP
cjal-9251	727	42	institutional	institutional	ADJ
cjal-9251	727	43	investor	investor	NOUN
cjal-9251	727	44	:	:	PUNCT
cjal-9251	727	45	,	,	PUNCT
cjal-9251	727	46	and	and	CCONJ
cjal-9251	727	47	foreign	foreign	ADJ
cjal-9251	727	48	investors	investor	NOUN
cjal-9251	727	49	;	;	PUNCT
cjal-9251	727	50	(	(	PUNCT
cjal-9251	727	51	2	2	X
cjal-9251	727	52	)	)	PUNCT
cjal-9251	727	53	enhancing	enhance	VERB
cjal-9251	727	54	the	the	DET
cjal-9251	727	55	availability	availability	NOUN
cjal-9251	727	56	of	of	ADP
cjal-9251	727	57	financial	financial	ADJ
cjal-9251	727	58	intermediaries	intermediary	NOUN
cjal-9251	727	59	through	through	ADP
cjal-9251	727	60	introducing	introduce	VERB
cjal-9251	727	61	a	a	DET
cjal-9251	727	62	new	new	ADJ
cjal-9251	727	63	and	and	CCONJ
cjal-9251	727	64	popular	popular	ADJ
cjal-9251	727	65	business	business	NOUN
cjal-9251	727	66	vehicle	vehicle	NOUN
cjal-9251	727	67	the	the	DET
cjal-9251	727	68	limited	limited	ADJ
cjal-9251	727	69	partnership	partnership	NOUN
cjal-9251	727	70	for	for	ADP
cjal-9251	727	71	vc	vc	PROPN
cjal-9251	727	72	fundraising	fundraising	NOUN
cjal-9251	727	73	;	;	PUNCT
cjal-9251	727	74	and	and	CCONJ
cjal-9251	727	75	(	(	PUNCT
cjal-9251	727	76	3	3	X
cjal-9251	727	77	)	)	PUNCT
cjal-9251	727	78	facilitating	facilitate	VERB
cjal-9251	727	79	the	the	DET
cjal-9251	727	80	establis	establis	PROPN
cjal-9251	727	81	hment	hment	NOUN
cjal-9251	727	82	and	and	CCONJ
cjal-9251	727	83	operation	operation	NOUN
cjal-9251	727	84	of	of	ADP
cjal-9251	727	85	entr	entr	NOUN
cjal-9251	727	86	epren	epren	PROPN
cjal-9251	727	87	eurial	eurial	ADJ
cjal-9251	727	88	firms	firm	NOUN
cjal-9251	727	89	through	through	ADP
cjal-9251	727	90	supportive	supportive	ADJ
cjal-9251	727	91	industrial	industrial	ADJ
cjal-9251	727	92	policies	policy	NOUN
cjal-9251	727	93	,	,	PUNCT
cjal-9251	727	94	tax	tax	NOUN
cjal-9251	727	95	relief	relief	NOUN
cjal-9251	727	96	,	,	PUNCT
cjal-9251	727	97	and	and	CCONJ
cjal-9251	727	98	revision	revision	NOUN
cjal-9251	727	99	s	s	VERB
cjal-9251	727	100	to	to	ADP
cjal-9251	727	101	the	the	DET
cjal-9251	727	102	corporate	corporate	ADJ
cjal-9251	727	103	legal	legal	ADJ
cjal-9251	727	104	regime	regime	NOUN
cjal-9251	727	105	.	.	PUNCT
cjal-9251	728	1	as	as	ADP
cjal-9251	728	2	figure	figure	NOUN
cjal-9251	728	3	2	2	NUM
cjal-9251	728	4	and	and	CCONJ
cjal-9251	728	5	figur	figur	PROPN
cjal-9251	728	6	e	e	PROPN
cjal-9251	728	7	3	3	NUM
cjal-9251	728	8	demonstrate	demonstrate	NOUN
cjal-9251	728	9	.	.	PUNCT
cjal-9251	729	1	from	from	ADP
cjal-9251	729	2	2002	2002	NUM
cjal-9251	729	3	to	to	ADP
cjal-9251	729	4	2015	2015	NUM
cjal-9251	729	5	,	,	PUNCT
cjal-9251	729	6	china	china	PROPN
cjal-9251	729	7	's	's	PART
cjal-9251	729	8	vc	vc	PROPN
cjal-9251	729	9	market	market	NOUN
cjal-9251	729	10	experienced	experience	VERB
cjal-9251	729	11	steady	steady	ADJ
cjal-9251	729	12	growth	growth	NOUN
cjal-9251	729	13	in	in	ADP
cjal-9251	729	14	the	the	DET
cjal-9251	729	15	total	total	ADJ
cjal-9251	729	16	amount	amount	NOUN
cjal-9251	729	17	of	of	ADP
cjal-9251	729	18	funds	fund	NOUN
cjal-9251	729	19	raised	raise	VERB
cjal-9251	729	20	.	.	PUNCT
cjal-9251	730	1	figure	figure	NOUN
cjal-9251	730	2	2	2	NUM
cjal-9251	730	3	provid	provid	NOUN
cjal-9251	730	4	es	es	ADP
cjal-9251	730	5	a	a	DET
cjal-9251	730	6	timeline	timeline	NOUN
cjal-9251	730	7	for	for	ADP
cjal-9251	730	8	the	the	DET
cjal-9251	730	9	development	development	NOUN
cjal-9251	730	10	of	of	ADP
cjal-9251	730	11	the	the	DET
cjal-9251	730	12	market	market	NOUN
cjal-9251	730	13	and	and	CCONJ
cjal-9251	730	14	illustrates	illustrate	VERB
cjal-9251	730	15	how	how	SCONJ
cjal-9251	730	16	the	the	DET
cjal-9251	730	17	development	development	NOUN
cjal-9251	730	18	of	of	ADP
cjal-9251	730	19	the	the	DET
cjal-9251	730	20	vc	vc	PROPN
cjal-9251	730	21	market	market	NOUN
cjal-9251	730	22	is	be	AUX
cjal-9251	730	23	largely	largely	ADV
cjal-9251	730	24	influenced	influence	VERB
cjal-9251	730	25	by	by	ADP
cjal-9251	730	26	regulatory	regulatory	ADJ
cjal-9251	730	27	polici	polici	NOUN
cjal-9251	730	28	es	es	NOUN
cjal-9251	730	29	and	and	CCONJ
cjal-9251	730	30	laws	law	NOUN
cjal-9251	730	31	.	.	PUNCT
cjal-9251	731	1	for	for	ADP
cjal-9251	731	2	example	example	NOUN
cjal-9251	731	3	,	,	PUNCT
cjal-9251	731	4	alt	alt	VERB
cjal-9251	731	5	hough	hough	VERB
cjal-9251	731	6	the	the	DET
cjal-9251	731	7	number	number	NOUN
cjal-9251	731	8	and	and	CCONJ
cjal-9251	731	9	volume	volume	NOUN
cjal-9251	731	10	of	of	ADP
cjal-9251	731	11	funds	fund	NOUN
cjal-9251	731	12	rai	rai	PROPN
cjal-9251	731	13	sed	se	VERB
cjal-9251	731	14	dipped	dip	VERB
cjal-9251	731	15	in	in	ADP
cjal-9251	731	16	2009	2009	NUM
cjal-9251	731	17	due	due	ADP
cjal-9251	731	18	to	to	ADP
cjal-9251	731	19	the	the	DET
cjal-9251	731	20	global	global	ADJ
cjal-9251	731	21	financial	financial	ADJ
cjal-9251	731	22	crisis	crisis	NOUN
cjal-9251	731	23	,	,	PUNCT
cjal-9251	731	24	both	both	CCONJ
cjal-9251	731	25	the	the	DET
cjal-9251	731	26	numb	numb	ADJ
cjal-9251	731	27	er	er	INTJ
cjal-9251	731	28	of	of	ADP
cjal-9251	731	29	newly	newly	ADV
cjal-9251	731	30	established	establish	VERB
cjal-9251	731	31	venture	venture	NOUN
cjal-9251	731	32	funds	fund	NOUN
cjal-9251	731	33	and	and	CCONJ
cjal-9251	731	34	the	the	DET
cjal-9251	731	35	amounts	amount	NOUN
cjal-9251	731	36	raised	raise	VERB
cjal-9251	731	37	increa	increa	PROPN
cjal-9251	731	38	se	se	PROPN
cjal-9251	732	1	d	d	X
cjal-9251	732	2	tw	tw	PRON
cjal-9251	732	3	o	o	NOUN
cjal-9251	732	4	-	-	NOUN
cjal-9251	732	5	fold	fold	ADJ
cjal-9251	732	6	in	in	ADP
cjal-9251	732	7	2011	2011	NUM
cjal-9251	732	8	.	.	PUNCT
cjal-9251	733	1	as	as	SCONJ
cjal-9251	733	2	explained	explain	VERB
cjal-9251	733	3	above	above	ADV
cjal-9251	733	4	,	,	PUNCT
cjal-9251	733	5	this	this	DET
cjal-9251	733	6	vc	vc	NOUN
cjal-9251	733	7	boom	boom	NOUN
cjal-9251	733	8	can	can	AUX
cjal-9251	733	9	be	be	AUX
cjal-9251	733	10	attributed	attribute	VERB
cjal-9251	733	11	to	to	ADP
cjal-9251	733	12	the	the	DET
cjal-9251	733	13	launch	launch	NOUN
cjal-9251	733	14	of	of	ADP
cjal-9251	733	15	the	the	DET
cjal-9251	733	16	new	new	ADJ
cjal-9251	733	17	.:--:asdaq	.:--:asdaq	INTJ
cjal-9251	733	18	-	-	PUNCT
cjal-9251	733	19	like	like	ADJ
cjal-9251	733	20	secondary	secondary	ADJ
cjal-9251	733	21	board	board	PROPN
cjal-9251	733	22	chinext	chinext	NOUN
cjal-9251	733	23	,	,	PUNCT
cjal-9251	733	24	new	new	ADJ
cjal-9251	733	25	measures	measure	NOUN
cjal-9251	733	26	allo	allo	ADJ
cjal-9251	733	27	,	,	PUNCT
cjal-9251	733	28	ving	ve	VERB
cjal-9251	733	29	more	more	ADJ
cjal-9251	733	30	institutional	institutional	ADJ
cjal-9251	733	31	investors	investor	NOUN
cjal-9251	733	32	and	and	CCONJ
cjal-9251	733	33	foreign	foreign	ADJ
cjal-9251	733	34	investors	investor	NOUN
cjal-9251	733	35	to	to	PART
cjal-9251	733	36	make	make	VERB
cjal-9251	733	37	equity	equity	NOUN
cjal-9251	733	38	mvestmenb,,tt	mvestmenb,,tt	NOUN
cjal-9251	733	39	0	0	PUNCT
cjal-9251	733	40	and	and	CCONJ
cjal-9251	733	41	the	the	DET
cjal-9251	733	42	substantial	substantial	ADJ
cjal-9251	733	43	increase	increase	NOUN
cjal-9251	733	44	in	in	ADP
cjal-9251	733	45	inv	inv	ADJ
cjal-9251	733	46	es	es	NOUN
cjal-9251	733	47	tm	tm	PROPN
cjal-9251	733	48	ents	ent	NOUN
cjal-9251	733	49	by	by	ADP
cjal-9251	733	50	the	the	DET
cjal-9251	733	51	nssf	nssf	NOUN
cjal-9251	733	52	(	(	PUNCT
cjal-9251	733	53	of	of	ADP
cjal-9251	733	54	more	more	ADJ
cjal-9251	733	55	than	than	ADP
cjal-9251	733	56	r	r	NOUN
cjal-9251	733	57	~	~	NOUN
cjal-9251	733	58	lb	lb	DET
cjal-9251	733	59	6	6	NUM
cjal-9251	733	60	billion	billion	NUM
cjal-9251	733	61	)	)	PUNCT
cjal-9251	733	62	.	.	PUNCT
cjal-9251	734	1	also	also	ADV
cjal-9251	734	2	,	,	PUNCT
cjal-9251	734	3	although	although	SCONJ
cjal-9251	734	4	the	the	DET
cjal-9251	734	5	s	s	X
cjal-9251	734	6	uspensi	uspensi	NOUN
cjal-9251	734	7	on	on	ADP
cjal-9251	734	8	of	of	ADP
cjal-9251	734	9	the	the	DET
cjal-9251	734	10	ipo	ipo	NOUN
cjal-9251	734	11	proce:-s	proce:-s	NOUN
cjal-9251	734	12	by	by	ADP
cjal-9251	734	13	csrc	csrc	PROPN
cjal-9251	734	14	from	from	ADP
cjal-9251	734	15	november	november	PROPN
cjal-9251	734	16	2012	2012	NUM
cjal-9251	734	17	to	to	PART
cjal-9251	734	18	januar	januar	VERB
cjal-9251	734	19	y	y	PROPN
cjal-9251	734	20	2014	2014	NUM
cjal-9251	734	21	neg	neg	NOUN
cjal-9251	734	22	atively	atively	ADV
cjal-9251	734	23	affected	affect	VERB
cjal-9251	734	24	fundra1smg	fundra1smg	NOUN
cjal-9251	734	25	in	in	ADP
cjal-9251	734	26	both	both	DET
cjal-9251	734	27	2012	2012	NUM
cjal-9251	734	28	and	and	CCONJ
cjal-9251	734	29	2013	2013	NUM
cjal-9251	734	30	,	,	PUNCT
cjal-9251	734	31	the	the	DET
cjal-9251	734	32	2013	2013	NUM
cjal-9251	734	33	nationwid	nationwid	NOUN
cjal-9251	734	34	e	e	NOUN
cjal-9251	734	35	expansion	expansion	NOUN
cjal-9251	734	36	of	of	ADP
cjal-9251	734	37	the	the	DET
cjal-9251	734	38	~'eeq	~'eeq	NUM
cjal-9251	734	39	system	system	NOUN
cjal-9251	734	40	,	,	PUNCT
cjal-9251	734	41	which	which	PRON
cjal-9251	734	42	offered	offer	VERB
cjal-9251	734	43	a	a	DET
cjal-9251	734	44	new	new	ADJ
cjal-9251	734	45	exit	exit	NOUN
cjal-9251	734	46	channel	channel	NOUN
cjal-9251	734	47	for	for	ADP
cjal-9251	734	48	vc	vc	NOUN
cjal-9251	734	49	-	-	PUNCT
cjal-9251	734	50	backed	back	VERB
cjal-9251	734	51	companies	company	NOUN
cjal-9251	734	52	,	,	PUNCT
cjal-9251	734	53	was	be	AUX
cjal-9251	734	54	followed	follow	VERB
cjal-9251	734	55	by	by	ADP
cjal-9251	734	56	a	a	DET
cjal-9251	734	57	sharp	sharp	ADJ
cjal-9251	734	58	increase	increase	NOUN
cjal-9251	734	59	in	in	ADP
cjal-9251	734	60	new	new	ADJ
cjal-9251	734	61	vc	vc	NOUN
cjal-9251	734	62	commitments	commitment	NOUN
cjal-9251	734	63	.	.	PUNCT
cjal-9251	734	64	.	.	PUNCT
cjal-9251	735	1	:	:	PUNCT
cjal-9251	735	2	:	:	PUNCT
cjal-9251	735	3	!	!	PUNCT
cjal-9251	735	4	&	&	CCONJ
cjal-9251	735	5	further	far	ADV
cjal-9251	735	6	,	,	PUNCT
cjal-9251	735	7	with	with	ADP
cjal-9251	735	8	regard	regard	NOUN
cjal-9251	735	9	to	to	AUX
cjal-9251	735	10	inv	inv	VERB
cjal-9251	735	11	estor	estor	NOUN
cjal-9251	735	12	composition	composition	NOUN
cjal-9251	735	13	.	.	PUNCT
cjal-9251	736	1	although	although	SCONJ
cjal-9251	736	2	the	the	DET
cjal-9251	736	3	chinese	chinese	ADJ
cjal-9251	736	4	market	market	NOUN
cjal-9251	736	5	was	be	AUX
cjal-9251	736	6	dominated	dominate	VERB
cjal-9251	736	7	by	by	ADP
cjal-9251	736	8	state	state	NOUN
cjal-9251	736	9	-	-	PUNCT
cjal-9251	736	10	owned	own	VERB
cjal-9251	736	11	vc	vc	NOUN
cjal-9251	736	12	firms	firm	NOUN
cjal-9251	736	13	and	and	CCONJ
cjal-9251	736	14	funds	fund	NOUN
cjal-9251	736	15	in	in	ADP
cjal-9251	736	16	the	the	DET
cjal-9251	736	17	1980s	1980	NOUN
cjal-9251	736	18	and	and	CCONJ
cjal-9251	736	19	1990s	1990s	NUM
cjal-9251	736	20	,	,	PUNCT
cjal-9251	736	21	it	it	PRON
cjal-9251	736	22	has	have	AUX
cjal-9251	736	23	since	since	ADV
cjal-9251	736	24	seen	see	VERB
cjal-9251	736	25	a	a	DET
cjal-9251	736	26	rapid	rapid	ADJ
cjal-9251	736	27	em	em	PRON
cjal-9251	736	28	ergence	ergence	NOUN
cjal-9251	736	29	of	of	ADP
cjal-9251	736	30	private	private	ADJ
cjal-9251	736	31	firms	firm	NOUN
cjal-9251	736	32	and	and	CCONJ
cjal-9251	736	33	funds	fund	NOUN
cjal-9251	736	34	.	.	PUNCT
cjal-9251	737	1	today	today	NOUN
cjal-9251	737	2	the	the	DET
cjal-9251	737	3	majority	majority	NOUN
cjal-9251	737	4	of	of	ADP
cjal-9251	737	5	leading	lead	VERB
cjal-9251	737	6	vc	vc	PROPN
cjal-9251	737	7	firms	firm	NOUN
cjal-9251	737	8	in	in	ADP
cjal-9251	737	9	china	china	PROPN
cjal-9251	737	10	are	be	AUX
cjal-9251	737	11	both	both	PRON
cjal-9251	737	12	private	private	ADJ
cjal-9251	737	13	and	and	CCONJ
cjal-9251	737	14	foreign	foreign	ADJ
cjal-9251	737	15	.	.	PUNCT
cjal-9251	738	1	227	227	NUM
cjal-9251	738	2	private	private	ADJ
cjal-9251	738	3	funding	funding	NOUN
cjal-9251	738	4	primarily	primarily	ADV
cjal-9251	738	5	from	from	ADP
cjal-9251	738	6	listed	list	VERB
cjal-9251	738	7	companies	company	NOUN
cjal-9251	738	8	and	and	CCONJ
cjal-9251	738	9	of	of	ADP
cjal-9251	738	10	the	the	DET
cjal-9251	738	11	national	national	ADJ
cjal-9251	738	12	d~':'elopm	d~':'elopm	PROPN
cjal-9251	738	13	ent	ent	NOUN
cjal-9251	738	14	and	and	CCONJ
cjal-9251	738	15	reform	reform	NOUN
cjal-9251	738	16	commission	commission	NOUN
cjal-9251	738	17	on	on	ADP
cjal-9251	738	18	further	far	ADV
cjal-9251	738	19	regulating	regulate	VERB
cjal-9251	738	20	the	the	DET
cjal-9251	738	21	.	.	PUNCT
cjal-9251	738	22	devel	devel	NOUN
cjal-9251	738	23	~	~	SYM
cjal-9251	738	24	pment	pment	NOUN
cjal-9251	738	25	and	and	CCONJ
cjal-9251	738	26	filing	filing	NOUN
cjal-9251	738	27	management	management	NOUN
cjal-9251	738	28	of	of	ADP
cjal-9251	738	29	equity	equity	NOUN
cjal-9251	738	30	investment	investment	NOUN
cjal-9251	738	31	enterpru.es	enterpru.es	PROPN
cjal-9251	738	32	in	in	ADP
cjal-9251	738	33	pilot	pilot	NOUN
cjal-9251	738	34	areas	area	NOUN
cjal-9251	738	35	)	)	PUNCT
cjal-9251	738	36	(	(	PUNCT
cjal-9251	738	37	effective	effective	ADJ
cjal-9251	738	38	j	j	X
cjal-9251	738	39	~	~	PROPN
cjal-9251	738	40	n	n	NUM
cjal-9251	738	41	.	.	PUNCT
cjal-9251	739	1	31	31	NUM
cjal-9251	739	2	,	,	PUNCT
cjal-9251	739	3	2011	2011	NUM
cjal-9251	739	4	)	)	PUNCT
cjal-9251	739	5	,	,	PUNCT
cjal-9251	739	6	ht	ht	PROPN
cjal-9251	739	7	tp://bi	tp://bi	PROPN
cjal-9251	739	8	t.ly/2volgix	t.ly/2volgix	PROPN
cjal-9251	739	9	;	;	PUNCT
cjal-9251	739	10	guojia	guojia	NOUN
cjal-9251	739	11	fazhan	fazhan	PROPN
cjal-9251	739	12	gaigev.-ei	gaigev.-ei	PROPN
cjal-9251	739	13	bangongting	bangongte	VERB
cjal-9251	739	14	g	g	PRON
cjal-9251	739	15	~	~	SYM
cjal-9251	739	16	anyu	anyu	ADJ
cjal-9251	739	17	cuj1~	cuj1~	ADJ
cjal-9251	739	18	guq~.an	guq~.an	NOUN
cjal-9251	739	19	touz~	touz~	PROPN
cjal-9251	739	20	qiye	qiye	NOUN
cjal-9251	739	21	gui!an	gui!an	ADJ
cjal-9251	739	22	fazhan	fazhan	PROPN
cjal-9251	739	23	de	de	X
cjal-9251	739	24	tongzhi	tongzhi	PROPN
cjal-9251	739	25	(	(	PUNCT
cjal-9251	739	26	l.	l.	PROPN
cjal-9251	739	27	'll~~nhilli~#}~ffkf	'll~~nhilli~#}~ffkf	PROPN
cjal-9251	739	28	-oti1l:_lllu	-oti1l:_lllu	PUNCT
cjal-9251	739	29	:	:	PUNCT
cjal-9251	739	30	iltl!:l	iltl!:l	NOUN
cjal-9251	739	31	:	:	PUNCT
cjal-9251	739	32	i't1£.ijk	i't1£.ijk	NUM
cjal-9251	739	33	~	~	X
cjal-9251	739	34	tt1~./ifffjim~	tt1~./ifffjim~	NUM
cjal-9251	739	35	)	)	PUNCT
cjal-9251	740	1	[	[	X
cjal-9251	740	2	notice	notice	NOUN
cjal-9251	740	3	on	on	ADP
cjal-9251	740	4	promoting	promote	VERB
cjal-9251	740	5	regulation	regulation	NOUN
cjal-9251	740	6	and	and	CCONJ
cjal-9251	740	7	den!lopment	den!lopment	NOUN
cjal-9251	740	8	of	of	ADP
cjal-9251	740	9	eqwt~	eqwt~	PROPN
cjal-9251	740	10	investm~~t	investm~~t	PROPN
cjal-9251	740	11	en	en	PROPN
cjal-9251	740	12	~	~	X
cjal-9251	740	13	rpris	rpris	VERB
cjal-9251	740	14	~	~	NOUN
cjal-9251	740	15	s	s	PART
cjal-9251	740	16	)	)	PUNCT
cjal-9251	740	17	(	(	PUNCT
cjal-9251	740	18	nov	nov	PROPN
cjal-9251	740	19	.	.	PROPN
cjal-9251	740	20	23	23	NUM
cjal-9251	740	21	,	,	PUNCT
cjal-9251	740	22	2011	2011	NUM
cjal-9251	740	23	)	)	PUNCT
cjal-9251	740	24	,	,	PUNCT
cjal-9251	740	25	http	http	ADV
cjal-9251	740	26	:	:	PUNCT
cjal-9251	740	27	//b	//b	PUNCT
cjal-9251	740	28	it.ly	it.ly	ADJ
cjal-9251	740	29	/2tl\'zq7	/2tl\'zq7	NOUN
cjal-9251	740	30	;	;	PUNCT
cjal-9251	740	31	simu	simu	NOUN
cjal-9251	740	32	touzi	touzi	PROPN
cjal-9251	740	33	jijin	jijin	VERB
cjal-9251	740	34	~u~!1liren	~u~!1liren	NOUN
cjal-9251	740	35	dengi1	dengi1	PROPN
cjal-9251	740	36	he	he	PRON
cjal-9251	740	37	j11	j11	NOUN
cjal-9251	740	38	m	m	PROPN
cjal-9251	740	39	b	b	PROPN
cjal-9251	740	40	~	~	X
cjal-9251	740	41	ian	ian	ADJ
cjal-9251	740	42	~anfa	~anfa	PRON
cjal-9251	740	43	(	(	PUNCT
cjal-9251	740	44	shixing	shixing	NOUN
cjal-9251	740	45	)	)	PUNCT
cjal-9251	740	46	(:	(:	NOUN
cjal-9251	740	47	fljjtl!:~~ii"r	fljjtl!:~~ii"r	NOUN
cjal-9251	740	48	"	"	PUNCT
cjal-9251	740	49	a.ih;.ifi~£.ft~/.j.i't	a.ih;.ifi~£.ft~/.j.i't	NOUN
cjal-9251	740	50	(	(	PUNCT
cjal-9251	740	51	~lt	~lt	NOUN
cjal-9251	740	52	)	)	PUNCT
cjal-9251	740	53	)	)	PUNCT
cjal-9251	741	1	[	[	X
cjal-9251	741	2	measures	measure	NOUN
cjal-9251	741	3	on	on	ADP
cjal-9251	741	4	the	the	DET
cjal-9251	741	5	registration	registration	NOUN
cjal-9251	741	6	of	of	ADP
cjal-9251	741	7	private	private	ADJ
cjal-9251	741	8	investment	investment	NOUN
cjal-9251	741	9	fund	fund	NOUN
cjal-9251	741	10	ma	ma	PROPN
cjal-9251	741	11	na	na	VERB
cjal-9251	741	12	gers	ger	NOUN
cjal-9251	741	13	and	and	CCONJ
cjal-9251	741	14	filing	filing	NOUN
cjal-9251	741	15	of	of	ADP
cjal-9251	741	16	private	private	ADJ
cjal-9251	741	17	investment	investment	NOUN
cjal-9251	741	18	funds	fund	NOUN
cjal-9251	741	19	(	(	PUNCT
cjal-9251	741	20	for	for	ADP
cjal-9251	741	21	trial	trial	NOUN
cjal-9251	741	22	imp	imp	X
cjal-9251	741	23	leme	leme	NOUN
cjal-9251	741	24	tat	tat	NOUN
cjal-9251	741	25	·	·	PUNCT
cjal-9251	741	26	)	)	PUNCT
cjal-9251	741	27	]	]	PUNCT
cjal-9251	741	28	(	(	PUNCT
cjal-9251	741	29	p	p	NOUN
cjal-9251	741	30	u1	u1	PROPN
cjal-9251	741	31	d	d	PROPN
cjal-9251	741	32	b	b	PROPN
cjal-9251	741	33	h	h	NOUN
cjal-9251	741	34	<	<	X
cjal-9251	741	35	~.nt	~.nt	NUM
cjal-9251	741	36	.	.	PUNCT
cjal-9251	741	37	.	.	PUNCT
cjal-9251	742	1	n	n	PROPN
cjal-9251	742	2	10n	10n	NOUN
cjal-9251	742	3	rom	rom	PROPN
cjal-9251	742	4	gate	gate	PROPN
cjal-9251	742	5	y	y	PROPN
cjal-9251	742	6	t	t	PROPN
cjal-9251	742	7	e	e	NOUN
cjal-9251	742	8	"	"	PUNCT
cjal-9251	742	9	"	"	PUNCT
cjal-9251	742	10	"	"	PUNCT
cjal-9251	742	11	"	"	PUNCT
cjal-9251	742	12	management	management	NOUN
cjal-9251	742	13	association	association	NOUN
cjal-9251	742	14	of	of	ADP
cjal-9251	742	15	china	china	PROPN
cjal-9251	742	16	,	,	PUNCT
cjal-9251	742	17	ja	ja	PROPN
cjal-9251	742	18	n	n	PROPN
cjal-9251	742	19	17	17	NUM
cjal-9251	742	20	20	20	NUM
cjal-9251	742	21	14	14	NUM
cjal-9251	742	22	,	,	PUNCT
cjal-9251	742	23	,	,	PUNCT
cjal-9251	742	24	,	,	PUNCT
cjal-9251	742	25	,	,	PUNCT
cjal-9251	742	26	·	·	PUNCT
cjal-9251	742	27	.	.	PUNCT
cjal-9251	743	1	fb	fb	INTJ
cjal-9251	743	2	7	7	NUM
cjal-9251	743	3	2014	2014	NUM
cjal-9251	743	4	)	)	PUNCT
cjal-9251	743	5	http	http	PROPN
cjal-9251	743	6	:	:	PUNCT
cjal-9251	743	7	//bit.ly/2ssvtql	//bit.ly/2ssvtql	PROPN
cjal-9251	743	8	.	.	PROPN
cjal-9251	744	1	•	•	NUM
cjal-9251	744	2	,	,	PUNCT
cjal-9251	744	3	euectne	euectne	NOUN
cjal-9251	744	4	e	e	NOUN
cjal-9251	744	5	.	.	PUNCT
cjal-9251	745	1	,	,	PUNCT
cjal-9251	745	2	,	,	PUNCT
cjal-9251	745	3	2~	2~	PROPN
cjal-9251	745	4	see	see	VERB
cjal-9251	745	5	appendix	appendix	NOUN
cjal-9251	745	6	2	2	NUM
cjal-9251	745	7	,	,	PUNCT
cjal-9251	745	8	infra	infra	NOUN
cjal-9251	745	9	.	.	PUNCT
cjal-9251	746	1	226	226	NUM
cjal-9251	746	2	lin	lin	PROPN
cjal-9251	746	3	,	,	PUNCT
cjal-9251	746	4	supm	supm	NOUN
cjal-9251	746	5	note	note	VERB
cjal-9251	746	6	61	61	NUM
cjal-9251	746	7	,	,	PUNCT
cjal-9251	746	8	at	at	ADP
cjal-9251	746	9	16	16	NUM
cjal-9251	746	10	-	-	SYM
cjal-9251	746	11	17	17	NUM
cjal-9251	746	12	,	,	PUNCT
cjal-9251	746	13	24	24	NUM
cjal-9251	746	14	-	-	SYM
cjal-9251	746	15	26	26	NUM
cjal-9251	746	16	.	.	PUNCT
cjal-9251	747	1	227see	227see	NUM
cjal-9251	747	2	qingke-2015	qingke-2015	ADV
cjal-9251	747	3	zhongguo	zhongguo	PROPN
cjal-9251	747	4	gu	gu	NOUN
cjal-9251	747	5	u	u	PROPN
cjal-9251	747	6	t	t	PROPN
cjal-9251	747	7	·	·	PUNCT
cjal-9251	747	8	·	·	PUNCT
cjal-9251	747	9	:	:	PUNCT
cjal-9251	747	10	m-2015	m-2015	PROPN
cjal-9251	747	11	'	'	PUNCT
cjal-9251	747	12	poo!llttu	poo!llttu	ADV
cjal-9251	747	13	:	:	PUNCT
cjal-9251	747	14	ltitf!f	ltitf!f	PROPN
cjal-9251	747	15	:	:	PUNCT
cjal-9251	747	16	jjt	jjt	PROPN
cjal-9251	747	17	vc	vc	PROPN
cjal-9251	747	18	:	:	PUNCT
cjal-9251	747	19	tfl	tfl	NOUN
cjal-9251	747	20	.	.	PUNCT
cjal-9251	747	21	#	#	SYM
cjal-9251	747	22	;)	;)	SYM
cjal-9251	747	23	'	'	PUNCT
cjal-9251	747	24	q	q	NOUN
cjal-9251	747	25	_	_	DET
cjal-9251	747	26	an	an	DET
cjal-9251	747	27	ouzi	ouzi	PROPN
cjal-9251	747	28	n1andu	n1andu	PROPN
cjal-9251	747	29	vc	vc	PROPN
cjal-9251	747	30	jigou	jigou	PROPN
cjal-9251	747	31	pingxuan	pingxuan	PROPN
cjal-9251	747	32	paiming	paiming	NOUN
cjal-9251	747	33	(	(	PUNCT
cjal-9251	747	34	m	m	PROPN
cjal-9251	747	35	i5p-:i	i5p-:i	PROPN
cjal-9251	747	36	~	~	SYM
cjal-9251	747	37	h11''8	h11''8	PART
cjal-9251	747	38	)	)	PUNCT
cjal-9251	748	1	[	[	X
cjal-9251	748	2	zero2ipo	zero2ipo	X
cjal-9251	748	3	-	-	PUNCT
cjal-9251	748	4	china	china	NOUN
cjal-9251	748	5	top	top	VERB
cjal-9251	748	6	50	50	NUM
cjal-9251	748	7	\	\	NOUN
cjal-9251	748	8	'	'	PUNCT
cjal-9251	748	9	enture	enture	NOUN
cjal-9251	748	10	capital	capital	NOUN
cjal-9251	748	11	2017	2017	NUM
cjal-9251	748	12	]	]	PUNCT
cjal-9251	748	13	engineering	engineer	VERB
cjal-9251	748	14	a	a	DET
cjal-9251	748	15	venture	venture	NOUN
cjal-9251	748	16	capital	capital	NOUN
cjal-9251	748	17	market	market	NOUN
cjal-9251	748	18	191	191	NUM
cjal-9251	748	19	investment	investment	NOUN
cjal-9251	748	20	companies	company	NOUN
cjal-9251	748	21	has	have	AUX
cjal-9251	748	22	become	become	VERB
cjal-9251	748	23	a	a	DET
cjal-9251	748	24	major	major	ADJ
cjal-9251	748	25	source	source	NOUN
cjal-9251	748	26	capital	capital	NOUN
cjal-9251	748	27	to	to	ADP
cjal-9251	748	28	the	the	DET
cjal-9251	748	29	vc	vc	PROPN
cjal-9251	748	30	market	market	NOUN
cjal-9251	748	31	in	in	ADP
cjal-9251	748	32	china	china	PROPN
cjal-9251	748	33	.	.	PUNCT
cjal-9251	749	1	228	228	NUM
cjal-9251	749	2	although	although	SCONJ
cjal-9251	749	3	their	their	PRON
cjal-9251	749	4	average	average	ADJ
cjal-9251	749	5	investment	investment	NOUN
cjal-9251	749	6	is	be	AUX
cjal-9251	749	7	smaller	small	ADJ
cjal-9251	749	8	,	,	PUNCT
cjal-9251	749	9	private	private	ADJ
cjal-9251	749	10	individual	individual	NOUN
cjal-9251	749	11	and	and	CCONJ
cjal-9251	749	12	families	family	NOUN
cjal-9251	749	13	form	form	VERB
cjal-9251	749	14	the	the	DET
cjal-9251	749	15	majority	majority	NOUN
cjal-9251	749	16	of	of	ADP
cjal-9251	749	17	investors.229	investors.229	PRON
cjal-9251	749	18	finally	finally	ADV
cjal-9251	749	19	,	,	PUNCT
cjal-9251	749	20	with	with	ADP
cjal-9251	749	21	supportive	supportive	ADJ
cjal-9251	749	22	policies	policy	NOUN
cjal-9251	749	23	and	and	CCONJ
cjal-9251	749	24	an	an	DET
cjal-9251	749	25	improving	improve	VERB
cjal-9251	749	26	regulatory	regulatory	ADJ
cjal-9251	749	27	environment	environment	NOUN
cjal-9251	749	28	,	,	PUNCT
cjal-9251	749	29	china	china	PROPN
cjal-9251	749	30	's	's	PART
cjal-9251	749	31	entrepreneurial	entrepreneurial	ADJ
cjal-9251	749	32	culture	culture	NOUN
cjal-9251	749	33	is	be	AUX
cjal-9251	749	34	also	also	ADV
cjal-9251	749	35	evolving	evolve	VERB
cjal-9251	749	36	.	.	PUNCT
cjal-9251	750	1	a	a	DET
cjal-9251	750	2	new	new	ADJ
cjal-9251	750	3	generation	generation	NOUN
cjal-9251	750	4	of	of	ADP
cjal-9251	750	5	entrepreneurs	entrepreneur	NOUN
cjal-9251	750	6	the	the	DET
cjal-9251	750	7	"	"	PUNCT
cjal-9251	750	8	post	post	X
cjal-9251	750	9	-90s	-90s	NOUN
cjal-9251	750	10	"	"	PUNCT
cjal-9251	750	11	generation	generation	NOUN
cjal-9251	750	12	of	of	ADP
cjal-9251	750	13	entrepreneurs	entrepreneur	NOUN
cjal-9251	750	14	has	have	AUX
cjal-9251	750	15	emerged	emerge	VERB
cjal-9251	750	16	.	.	PUNCT
cjal-9251	751	1	2so	2so	NOUN
cjal-9251	751	2	unlike	unlike	ADP
cjal-9251	751	3	their	their	PRON
cjal-9251	751	4	parents	parent	NOUN
cjal-9251	751	5	,	,	PUNCT
cjal-9251	751	6	these	these	DET
cjal-9251	751	7	secondgeneration	secondgeneration	NOUN
cjal-9251	751	8	entrepreneurs	entrepreneur	NOUN
cjal-9251	751	9	are	be	AUX
cjal-9251	751	10	more	more	ADV
cjal-9251	751	11	inclined	inclined	ADJ
cjal-9251	751	12	to	to	PART
cjal-9251	751	13	pursue	pursue	VERB
cjal-9251	751	14	their	their	PRON
cjal-9251	751	15	dreams	dream	NOUN
cjal-9251	751	16	by	by	ADP
cjal-9251	751	17	setting	set	VERB
cjal-9251	751	18	up	up	ADP
cjal-9251	751	19	their	their	PRON
cjal-9251	751	20	own	own	ADJ
cjal-9251	751	21	businesses	business	NOUN
cjal-9251	751	22	.	.	PUNCT
cjal-9251	752	1	231	231	NUM
cjal-9251	752	2	having	having	AUX
cjal-9251	752	3	received	receive	VERB
cjal-9251	752	4	good	good	ADJ
cjal-9251	752	5	educations	education	NOUN
cjal-9251	752	6	and	and	CCONJ
cjal-9251	752	7	having	having	AUX
cjal-9251	752	8	grown	grow	VERB
cjal-9251	752	9	up	up	ADP
cjal-9251	752	10	in	in	ADP
cjal-9251	752	11	the	the	DET
cjal-9251	752	12	age	age	NOUN
cjal-9251	752	13	of	of	ADP
cjal-9251	752	14	the	the	DET
cjal-9251	752	15	internet	internet	NOUN
cjal-9251	752	16	and	and	CCONJ
cjal-9251	752	17	the	the	DET
cjal-9251	752	18	rise	rise	NOUN
cjal-9251	752	19	of	of	ADP
cjal-9251	752	20	china	china	PROPN
cjal-9251	752	21	,	,	PUNCT
cjal-9251	752	22	they	they	PRON
cjal-9251	752	23	tend	tend	VERB
cjal-9251	752	24	to	to	PART
cjal-9251	752	25	be	be	AUX
cjal-9251	752	26	less	less	ADV
cjal-9251	752	27	afraid	afraid	ADJ
cjal-9251	752	28	of	of	ADP
cjal-9251	752	29	failure	failure	NOUN
cjal-9251	752	30	.	.	PUNCT
cjal-9251	753	1	they	they	PRON
cjal-9251	753	2	are	be	AUX
cjal-9251	753	3	also	also	ADV
cjal-9251	753	4	able	able	ADJ
cjal-9251	753	5	to	to	PART
cjal-9251	753	6	adapt	adapt	VERB
cjal-9251	753	7	quickly	quickly	ADV
cjal-9251	753	8	to	to	ADP
cjal-9251	753	9	changes	change	NOUN
cjal-9251	753	10	in	in	ADP
cjal-9251	753	11	the	the	DET
cjal-9251	753	12	business	business	NOUN
cjal-9251	753	13	environment	environment	NOUN
cjal-9251	753	14	.	.	PUNCT
cjal-9251	754	1	232	232	NUM
cjal-9251	754	2	figure	figure	NOUN
cjal-9251	754	3	2	2	NUM
cjal-9251	754	4	:	:	PUNCT
cjal-9251	754	5	new	new	ADJ
cjal-9251	754	6	venture	venture	NOUN
cjal-9251	754	7	capital	capital	NOUN
cjal-9251	754	8	commitments	commitment	NOUN
cjal-9251	754	9	and	and	CCONJ
cjal-9251	754	10	major	major	ADJ
cjal-9251	754	11	legislative	legislative	ADJ
cjal-9251	754	12	and	and	CCONJ
cjal-9251	754	13	policy	policy	NOUN
cjal-9251	754	14	changes	change	NOUN
cjal-9251	754	15	(	(	PUNCT
cjal-9251	754	16	2002	2002	NUM
cjal-9251	754	17	-	-	SYM
cjal-9251	754	18	2016	2016	NUM
cjal-9251	754	19	)	)	PUNCT
cjal-9251	754	20	233	233	NUM
cjal-9251	754	21	-·i	-·i	PROPN
cjal-9251	754	22	fi	fi	NOUN
cjal-9251	754	23	p	p	NOUN
cjal-9251	754	24	~i	~i	NUM
cjal-9251	754	25	i'~bi	i'~bi	VERB
cjal-9251	754	26	i	i	PRON
cjal-9251	754	27	:	:	PUNCT
cjal-9251	754	28	s	s	PART
cjal-9251	754	29	f	f	X
cjal-9251	754	30	joglillllt(i	joglillllt(i	X
cjal-9251	754	31	i	i	NOUN
cjal-9251	754	32	:	:	PUNCT
cjal-9251	754	33	}	}	PUNCT
cjal-9251	754	34	i	i	PRON
cjal-9251	754	35	t	t	PROPN
cjal-9251	754	36	!	!	PUNCT
cjal-9251	755	1	b	b	X
cjal-9251	755	2	:	:	PUNCT
cjal-9251	755	3	f	f	NOUN
cjal-9251	755	4	:	:	PUNCT
cjal-9251	755	5	!	!	PUNCT
cjal-9251	755	6	)	)	PUNCT
cjal-9251	755	7	,	,	PUNCT
cjal-9251	755	8	'	'	PUNCT
cjal-9251	755	9	!	!	PUNCT
cjal-9251	756	1	it	it	PRON
cjal-9251	756	2	:	:	PUNCT
cjal-9251	756	3	:	:	PUNCT
cjal-9251	756	4	!	!	PUNCT
cjal-9251	757	1	:	:	PUNCT
cjal-9251	757	2	pl	pl	X
cjal-9251	758	1	f	f	X
cjal-9251	758	2	:	:	PUNCT
cjal-9251	758	3	i	i	PRON
cjal-9251	758	4	...	...	PUNCT
cjal-9251	759	1	11	11	NUM
cjal-9251	759	2	!	!	PUNCT
cjal-9251	760	1	i	i	PRON
cjal-9251	760	2	]	]	X
cjal-9251	760	3	1	1	X
cjal-9251	760	4	'	'	NUM
cjal-9251	760	5	•	•	NUM
cjal-9251	760	6	r	r	NOUN
cjal-9251	760	7	l	l	NOUN
cjal-9251	760	8	etj•	etj•	NOUN
cjal-9251	761	1	ye	ye	PROPN
cjal-9251	761	2	1.n~	1.n~	NUM
cjal-9251	761	3	t	t	NOUN
cjal-9251	761	4	,	,	PUNCT
cjal-9251	761	5	:	:	PUNCT
cjal-9251	761	6	:	:	PUNCT
cjal-9251	762	1	l	l	PUNCT
cjal-9251	762	2	j	j	NOUN
cjal-9251	762	3	,	,	PUNCT
cjal-9251	762	4	,	,	PUNCT
cjal-9251	762	5	......	......	PUNCT
cjal-9251	763	1	+	+	PUNCT
cjal-9251	763	2	1	1	NUM
cjal-9251	763	3	:	:	SYM
cjal-9251	763	4	1	1	NUM
cjal-9251	763	5	:	:	PUNCT
cjal-9251	763	6	s	s	X
cjal-9251	763	7	'	'	PUNCT
cjal-9251	763	8	.	.	PUNCT
cjal-9251	764	1	'	'	PUNCT
cjal-9251	764	2	1	1	NUM
cjal-9251	764	3	..	..	PUNCT
cjal-9251	764	4	.l	.l	NOUN
cjal-9251	764	5	,	,	PUNCT
cjal-9251	764	6	_	_	NOUN
cjal-9251	764	7	,	,	PUNCT
cjal-9251	764	8	.,l	.,l	PROPN
cjal-9251	764	9	_	_	PRON
cjal-9251	764	10	...	...	PUNCT
cjal-9251	764	11	,	,	PUNCT
cjal-9251	764	12	..	..	PUNCT
cjal-9251	764	13	,	,	PUNCT
cjal-9251	764	14	"	"	PUNCT
cjal-9251	764	15	'	'	PUNCT
cjal-9251	764	16	·	·	PUNCT
cjal-9251	764	17	•	•	NUM
cjal-9251	764	18	,	,	PUNCT
cjal-9251	764	19	.	.	PUNCT
cjal-9251	764	20	,	,	PUNCT
cjal-9251	764	21	.	.	PUNCT
cjal-9251	765	1	joii	joii	PROPN
cjal-9251	765	2	,	,	PUNCT
cjal-9251	765	3	.	.	PUNCT
cjal-9251	765	4	,	,	PUNCT
cjal-9251	765	5	291	291	NUM
cjal-9251	765	6	)	)	PUNCT
cjal-9251	765	7	,	,	PUNCT
cjal-9251	765	8	.	.	PUNCT
cjal-9251	765	9	..	..	PUNCT
cjal-9251	766	1	,	,	PUNCT
cjal-9251	766	2	.	.	PUNCT
cjal-9251	766	3	,	,	PUNCT
cjal-9251	766	4	,	,	PUNCT
cjal-9251	766	5	:	:	PUNCT
cjal-9251	766	6	of	of	ADP
cjal-9251	766	7	•	•	X
cjal-9251	766	8	--•	--•	PUNCT
cjal-9251	766	9	...	...	PUNCT
cjal-9251	767	1	r	r	X
cjal-9251	767	2	.....	.....	SYM
cjal-9251	767	3	institutions	institution	NOUN
cjal-9251	767	4	in	in	ADP
cjal-9251	767	5	2015	2015	NUM
cjal-9251	767	6	]	]	PUNCT
cjal-9251	767	7	,	,	PUNCT
cjal-9251	767	8	touzijie	touzijie	PROPN
cjal-9251	767	9	(	(	PUNCT
cjal-9251	767	10	ll't	ll't	PROPN
cjal-9251	767	11	ji	ji	PROPN
cjal-9251	767	12	.	.	PUNCT
cjal-9251	767	13	)	)	PUNCT
cjal-9251	768	1	[	[	X
cjal-9251	768	2	pedaily	pedaily	ADV
cjal-9251	768	3	]	]	X
cjal-9251	768	4	(	(	PUNCT
cjal-9251	768	5	dec	dec	PROPN
cjal-9251	768	6	4	4	NUM
cjal-9251	768	7	,	,	PUNCT
cjal-9251	768	8	2015	2015	NUM
cjal-9251	768	9	,	,	PUNCT
cjal-9251	768	10	7:02	7:02	NUM
cjal-9251	768	11	pm	pm	NOUN
cjal-9251	768	12	)	)	PUNCT
cjal-9251	768	13	,	,	PUNCT
cjal-9251	768	14	http	http	NOUN
cjal-9251	768	15	:	:	PUNCT
cjal-9251	768	16	//bit.ly/2snlp	//bit.ly/2snlp	X
cjal-9251	769	1	wo	will	AUX
cjal-9251	769	2	.	.	PUNCT
cjal-9251	770	1	228	228	NUM
cjal-9251	770	2	see	see	VERB
cjal-9251	770	3	table	table	NOUN
cjal-9251	770	4	1	1	NUM
cjal-9251	770	5	,	,	PUNCT
cjal-9251	770	6	supra	supra	NOUN
cjal-9251	770	7	.	.	PUNCT
cjal-9251	771	1	229	229	NUM
cjal-9251	771	2	see	see	VERB
cjal-9251	771	3	table	table	NOUN
cjal-9251	771	4	1	1	NUM
cjal-9251	771	5	,	,	PUNCT
cjal-9251	771	6	supra	supra	NOUN
cjal-9251	771	7	(	(	PUNCT
cjal-9251	771	8	noting	note	VERB
cjal-9251	771	9	that	that	SCONJ
cjal-9251	771	10	government	government	NOUN
cjal-9251	771	11	guidance	guidance	NOUN
cjal-9251	771	12	funds	fund	NOUN
cjal-9251	771	13	only	only	ADV
cjal-9251	771	14	account	account	VERB
cjal-9251	771	15	for	for	ADP
cjal-9251	771	16	2	2	NUM
cjal-9251	771	17	%	%	NOUN
cjal-9251	771	18	of	of	ADP
cjal-9251	771	19	all	all	DET
cjal-9251	771	20	investors	investor	NOUN
cjal-9251	771	21	on	on	ADP
cjal-9251	771	22	average	average	ADJ
cjal-9251	771	23	)	)	PUNCT
cjal-9251	771	24	.	.	PUNCT
cjal-9251	772	1	230	230	NUM
cjal-9251	772	2	interview	interview	NOUN
cjal-9251	772	3	with	with	ADP
cjal-9251	772	4	ms	ms	PROPN
cjal-9251	772	5	.	.	PROPN
cjal-9251	772	6	s	s	PROPN
cjal-9251	772	7	,	,	PUNCT
cjal-9251	772	8	vice	vice	NOUN
cjal-9251	772	9	president	president	NOUN
cjal-9251	772	10	,	,	PUNCT
cjal-9251	772	11	banyan	banyan	ADJ
cjal-9251	772	12	capital	capital	NOUN
cjal-9251	772	13	,	,	PUNCT
cjal-9251	772	14	in	in	ADP
cjal-9251	772	15	beijing	beijing	PROPN
cjal-9251	772	16	,	,	PUNCT
cjal-9251	772	17	china	china	PROPN
cjal-9251	772	18	(	(	PUNCT
cjal-9251	772	19	oct	oct	PROPN
cjal-9251	772	20	.	.	PROPN
cjal-9251	772	21	2015	2015	NUM
cjal-9251	772	22	)	)	PUNCT
cjal-9251	772	23	.	.	PUNCT
cjal-9251	773	1	interview	interview	NOUN
cjal-9251	773	2	with	with	ADP
cjal-9251	773	3	mr	mr	PROPN
cjal-9251	773	4	.	.	PROPN
cjal-9251	773	5	zhu	zhu	PROPN
cjal-9251	773	6	,	,	PUNCT
cjal-9251	773	7	partner	partner	NOUN
cjal-9251	773	8	,	,	PUNCT
cjal-9251	773	9	island	island	NOUN
cjal-9251	773	10	peak	peak	NOUN
cjal-9251	773	11	innovation	innovation	NOUN
cjal-9251	773	12	,	,	PUNCT
cjal-9251	773	13	in	in	ADP
cjal-9251	773	14	singapore	singapore	PROPN
cjal-9251	773	15	(	(	PUNCT
cjal-9251	773	16	dec	dec	PROPN
cjal-9251	773	17	.	.	PROPN
cjal-9251	773	18	16	16	NUM
cjal-9251	773	19	,	,	PUNCT
cjal-9251	773	20	2016	2016	NUM
cjal-9251	773	21	)	)	PUNCT
cjal-9251	773	22	23	23	NUM
cjal-9251	773	23	1	1	NUM
cjal-9251	774	1	i	i	PRON
cjal-9251	774	2	d.	d.	PROPN
cjal-9251	774	3	232	232	NUM
cjal-9251	775	1	i	i	PRON
cjal-9251	775	2	d.	d.	PROPN
cjal-9251	775	3	233	233	NUM
cjal-9251	775	4	this	this	DET
cjal-9251	775	5	graph	graph	NOUN
cjal-9251	775	6	is	be	AUX
cjal-9251	775	7	drawn	draw	VERB
cjal-9251	775	8	from	from	ADP
cjal-9251	775	9	the	the	DET
cjal-9251	775	10	contents	content	NOUN
cjal-9251	775	11	of	of	ADP
cjal-9251	775	12	appendix	appendix	NOUN
cjal-9251	775	13	2	2	NUM
cjal-9251	775	14	,	,	PUNCT
cjal-9251	775	15	infra	infra	NOUN
cjal-9251	775	16	.	.	PUNCT
cjal-9251	776	1	192	192	NUM
cjal-9251	776	2	columbia	columbia	PROPN
cjal-9251	776	3	j	j	PROPN
cjal-9251	776	4	ournal	ournal	ADJ
cjal-9251	776	5	of	of	ADP
cjal-9251	776	6	asian	asian	PROPN
cjal-9251	776	7	la	la	PROPN
cjal-9251	776	8	iv	iv	X
cjal-9251	777	1	[	[	X
cjal-9251	777	2	vol	vol	NOUN
cjal-9251	777	3	.	.	PUNCT
cjal-9251	777	4	30:16	30:16	NUM
cjal-9251	777	5	0	0	NUM
cjal-9251	777	6	figure	figure	NOUN
cjal-9251	777	7	3	3	NUM
cjal-9251	777	8	:	:	PUNCT
cjal-9251	777	9	new	new	ADJ
cjal-9251	777	10	venture	venture	NOUN
cjal-9251	777	11	capital	capital	NOUN
cjal-9251	777	12	commitments	commitment	NOUN
cjal-9251	777	13	against	against	ADP
cjal-9251	777	14	new	new	ADJ
cjal-9251	777	15	venture	venture	NOUN
cjal-9251	777	16	capital	capital	NOUN
cjal-9251	777	17	f	f	PROPN
cjal-9251	777	18	unds	unds	PROPN
cjal-9251	777	19	2002	2002	NUM
cjal-9251	777	20	-	-	SYM
cjal-9251	777	21	2016	2016	NUM
cjal-9251	777	22	(	(	PUNCT
cjal-9251	777	23	usd	usd	NOUN
cjal-9251	777	24	million	million	NUM
cjal-9251	777	25	)	)	PUNCT
cjal-9251	777	26	234	234	NUM
cjal-9251	777	27	60000.00	60000.00	NUM
cjal-9251	777	28	50000.00	50000.00	NUM
cjal-9251	777	29	40000.00	40000.00	NUM
cjal-9251	777	30	30000.00	30000.00	NUM
cjal-9251	777	31	20000.00	20000.00	NUM
cjal-9251	777	32	10000.00	10000.00	NUM
cjal-9251	777	33	amount	amount	NOUN
cjal-9251	777	34	of	of	ADP
cjal-9251	777	35	newly	newly	ADV
cjal-9251	777	36	raised	raise	VERB
cjal-9251	777	37	vc	vc	PROPN
cjal-9251	777	38	(	(	PUNCT
cjal-9251	777	39	us$mil	us$mil	ADJ
cjal-9251	777	40	)	)	PUNCT
cjal-9251	777	41	number	number	NOUN
cjal-9251	777	42	of	of	ADP
cjal-9251	777	43	new	new	ADJ
cjal-9251	777	44	vc	vc	PROPN
cjal-9251	777	45	funds	funds	PROPN
cjal-9251	777	46	ii	ii	PROPN
cjal-9251	777	47	.	.	PUNCT
cjal-9251	777	48	room	room	NOUN
cjal-9251	777	49	for	for	ADP
cjal-9251	777	50	improvement	improvement	NOUN
cjal-9251	777	51	and	and	CCONJ
cjal-9251	777	52	sugg	sugg	ADJ
cjal-9251	777	53	estions	estion	NOUN
cjal-9251	777	54	700	700	NUM
cjal-9251	777	55	600	600	NUM
cjal-9251	777	56	500	500	NUM
cjal-9251	777	57	400	400	NUM
cjal-9251	777	58	300	300	NUM
cjal-9251	777	59	200	200	NUM
cjal-9251	777	60	100	100	NUM
cjal-9251	777	61	0	0	NUM
cjal-9251	777	62	z	z	NOUN
cjal-9251	777	63	s	s	PROPN
cjal-9251	777	64	:	:	PUNCT
cjal-9251	777	65	:	:	PUNCT
cjal-9251	777	66	s	s	X
cjal-9251	777	67	er	er	INTJ
cjal-9251	777	68	(	(	PUNCT
cjal-9251	777	69	t	t	NOUN
cjal-9251	777	70	)	)	PUNCT
cjal-9251	777	71	"	"	PUNCT
cjal-9251	777	72	i	i	PRON
cjal-9251	777	73	0	0	NUM
cjal-9251	777	74	....	....	PUNCT
cjal-9251	777	75	,	,	PUNCT
cjal-9251	777	76	z	z	NOUN
cjal-9251	777	77	(	(	PUNCT
cjal-9251	777	78	'	'	PUNCT
cjal-9251	777	79	;)	;)	PUNCT
cjal-9251	777	80	>	>	PUNCT
cjal-9251	777	81	zj	zj	X
cjal-9251	777	82	s	s	PROPN
cjal-9251	777	83	:	:	PUNCT
cjal-9251	777	84	:	:	PUNCT
cjal-9251	777	85	:	:	PUNCT
cjal-9251	777	86	:	:	PUNCT
cjal-9251	777	87	i	i	PRON
cjal-9251	777	88	q	q	PROPN
cjal-9251	777	89	..	..	PUNCT
cjal-9251	777	90	a	a	X
cjal-9251	777	91	,	,	PUNCT
cjal-9251	777	92	although	although	SCONJ
cjal-9251	777	93	china	china	PROPN
cjal-9251	777	94	has	have	AUX
cjal-9251	777	95	solved	solve	VERB
cjal-9251	777	96	the	the	DET
cjal-9251	777	97	simultaneity	simultaneity	NOUN
cjal-9251	777	98	problem	problem	NOUN
cjal-9251	777	99	with	with	ADP
cjal-9251	777	100	a	a	DET
cjal-9251	777	101	certain	certain	ADJ
cjal-9251	777	102	degree	degree	NOUN
cjal-9251	777	103	of	of	ADP
cjal-9251	777	104	success	success	NOUN
cjal-9251	777	105	,	,	PUNCT
cjal-9251	777	106	in	in	ADP
cjal-9251	777	107	stitutional	stitutional	ADJ
cjal-9251	777	108	impediments	impediment	NOUN
cjal-9251	777	109	may	may	AUX
cjal-9251	777	110	non	non	X
cjal-9251	777	111	etheless	etheless	VERB
cjal-9251	777	112	pr	pr	NOUN
cjal-9251	777	113	event	event	NOUN
cjal-9251	777	114	the	the	DET
cjal-9251	777	115	chinese	chinese	ADJ
cjal-9251	777	116	vc	vc	PROPN
cjal-9251	777	117	industry	industry	NOUN
cjal-9251	777	118	from	from	ADP
cjal-9251	777	119	realizing	realize	VERB
cjal-9251	777	120	its	its	PRON
cjal-9251	777	121	full	full	ADJ
cjal-9251	777	122	potential	potential	NOUN
cjal-9251	777	123	.	.	PUNCT
cjal-9251	778	1	this	this	DET
cjal-9251	778	2	part	part	NOUN
cjal-9251	778	3	discusses	discuss	VERB
cjal-9251	778	4	how	how	SCONJ
cjal-9251	778	5	the	the	DET
cjal-9251	778	6	chinese	chinese	ADJ
cjal-9251	778	7	government	government	NOUN
cjal-9251	778	8	can	can	AUX
cjal-9251	778	9	improve	improve	VERB
cjal-9251	778	10	on	on	ADP
cjal-9251	778	11	what	what	PRON
cjal-9251	778	12	it	it	PRON
cjal-9251	778	13	has	have	AUX
cjal-9251	778	14	done	do	VERB
cjal-9251	778	15	to	to	PART
cjal-9251	778	16	facilitate	facilitate	VERB
cjal-9251	778	17	even	even	ADV
cjal-9251	778	18	greater	great	ADJ
cjal-9251	778	19	growth	growth	NOUN
cjal-9251	778	20	ofvc	ofvc	NOUN
cjal-9251	778	21	.	.	PUNCT
cjal-9251	779	1	a.	a.	NOUN
cjal-9251	779	2	problems	problem	NOUN
cjal-9251	779	3	with	with	ADP
cjal-9251	779	4	publ	publ	NOUN
cjal-9251	779	5	ic	ic	PROPN
cjal-9251	779	6	funding	funding	NOUN
cjal-9251	779	7	ggfs	ggfs	NOUN
cjal-9251	779	8	have	have	AUX
cjal-9251	779	9	not	not	PART
cjal-9251	779	10	been	be	AUX
cjal-9251	779	11	unproblematic	unproblematic	ADJ
cjal-9251	779	12	des	des	X
cjal-9251	779	13	pit	pit	NOUN
cjal-9251	779	14	e	e	PROPN
cjal-9251	779	15	po	po	NOUN
cjal-9251	779	16	sitive	sitive	ADJ
cjal-9251	779	17	progress	progress	NOUN
cjal-9251	779	18	and	and	CCONJ
cjal-9251	779	19	swift	swift	ADJ
cjal-9251	779	20	development	development	NOUN
cjal-9251	779	21	.	.	PUNCT
cjal-9251	780	1	there	there	PRON
cjal-9251	780	2	are	be	VERB
cjal-9251	780	3	ggfs	ggfs	NOUN
cjal-9251	780	4	at	at	ADP
cjal-9251	780	5	both	both	CCONJ
cjal-9251	780	6	the	the	DET
cjal-9251	780	7	centr	centr	X
cjal-9251	780	8	al	al	PROPN
cjal-9251	780	9	and	and	CCONJ
cjal-9251	780	10	local	local	ADJ
cjal-9251	780	11	levels	level	NOUN
cjal-9251	780	12	.	.	PUNCT
cjal-9251	781	1	national	national	ADJ
cjal-9251	781	2	ggfs	ggfs	NOUN
cjal-9251	781	3	are	be	AUX
cjal-9251	781	4	set	set	VERB
cjal-9251	781	5	up	up	ADP
cjal-9251	781	6	by	by	ADP
cjal-9251	781	7	the	the	DET
cjal-9251	781	8	central	central	ADJ
cjal-9251	781	9	government	government	NOUN
cjal-9251	781	10	,	,	PUNCT
cjal-9251	781	11	while	while	SCONJ
cjal-9251	781	12	local	local	ADJ
cjal-9251	781	13	ggfs	ggfs	NOUN
cjal-9251	781	14	are	be	AUX
cjal-9251	781	15	set	set	VERB
cjal-9251	781	16	up	up	ADP
cjal-9251	781	17	by	by	ADP
cjal-9251	781	18	local	local	ADJ
cjal-9251	781	19	governments	government	NOUN
cjal-9251	781	20	at	at	ADP
cjal-9251	781	21	differ	differ	VERB
cjal-9251	781	22	ent	ent	PROPN
cjal-9251	781	23	leve	leve	PROPN
cjal-9251	781	24	ls	ls	PROPN
cjal-9251	781	25	(	(	PUNCT
cjal-9251	781	26	i	i	PROPN
cjal-9251	781	27	.e	.e	PROPN
cjal-9251	781	28	.	.	PUNCT
cjal-9251	782	1	province	province	NOUN
cjal-9251	782	2	,	,	PUNCT
cjal-9251	782	3	city	city	NOUN
cjal-9251	782	4	,	,	PUNCT
cjal-9251	782	5	and	and	CCONJ
cjal-9251	782	6	county	county	NOUN
cjal-9251	782	7	)	)	PUNCT
cjal-9251	782	8	.	.	PUNCT
cjal-9251	783	1	as	as	ADP
cjal-9251	783	2	of	of	ADP
cjal-9251	783	3	december	december	PROPN
cjal-9251	783	4	2015	2015	NUM
cjal-9251	783	5	,	,	PUNCT
cjal-9251	783	6	417	417	NUM
cjal-9251	783	7	ggfs	ggfs	NOUN
cjal-9251	783	8	were	be	AUX
cjal-9251	783	9	city	city	NOUN
cjal-9251	783	10	-leve	-leve	NOUN
cjal-9251	783	11	l	l	NOUN
cjal-9251	783	12	ggfs	ggfs	NOUN
cjal-9251	783	13	,	,	PUNCT
cjal-9251	783	14	and	and	CCONJ
cjal-9251	783	15	they	they	PRON
cjal-9251	783	16	managed	manage	VERB
cjal-9251	783	17	an	an	DET
cjal-9251	783	18	investment	investment	NOUN
cjal-9251	783	19	amount	amount	NOUN
cjal-9251	783	20	of	of	ADP
cjal-9251	783	21	rmb	rmb	NOUN
cjal-9251	783	22	824	824	NUM
cjal-9251	783	23	.3	.3	NUM
cjal-9251	783	24	billion	billion	NUM
cjal-9251	783	25	,	,	PUNCT
cjal-9251	783	26	while	while	SCONJ
cjal-9251	783	27	th	th	X
cjal-9251	783	28	ere	ere	PROPN
cjal-9251	783	29	231	231	NUM
cjal-9251	783	30	this	this	DET
cjal-9251	783	31	graph	graph	NOUN
cjal-9251	783	32	is	be	AUX
cjal-9251	783	33	based	base	VERB
cjal-9251	783	34	on	on	ADP
cjal-9251	783	35	data	datum	NOUN
cjal-9251	783	36	from	from	ADP
cjal-9251	783	37	summary	summary	NOUN
cjal-9251	783	38	of	of	ADP
cjal-9251	783	39	private	private	ADJ
cjal-9251	783	40	equity	equity	NOUN
cjal-9251	783	41	ln	ln	ADP
cjal-9251	783	42	l·estment	l·estment	NOUN
cjal-9251	783	43	market	market	NOUN
cjal-9251	783	44	lp	lp	DET
cjal-9251	783	45	yearly	yearly	ADJ
cjal-9251	783	46	research	research	NOUN
cjal-9251	783	47	report	report	NOUN
cjal-9251	783	48	2012	2012	NUM
cjal-9251	783	49	,	,	PUNCT
cjal-9251	783	50	supra	supra	PROPN
cjal-9251	783	51	note	note	NOUN
cjal-9251	783	52	99	99	NUM
cjal-9251	783	53	(	(	PUNCT
cjal-9251	783	54	2002	2002	NUM
cjal-9251	783	55	-	-	SYM
cjal-9251	783	56	2012	2012	NUM
cjal-9251	783	57	)	)	PUNCT
cjal-9251	783	58	an	an	DET
cjal-9251	783	59	d	d	NOUN
cjal-9251	783	60	year	year	NOUN
cjal-9251	783	61	2015	2015	NUM
cjal-9251	783	62	:	:	PUNCT
cjal-9251	783	63	qingke	qingke	VERB
cjal-9251	783	64	annual	annual	ADJ
cjal-9251	783	65	report	report	NOUN
cjal-9251	783	66	:	:	PUNCT
cjal-9251	783	67	pe	pe	PROPN
cjal-9251	783	68	lps	lps	PROPN
cjal-9251	783	69	increase	increase	VERB
cjal-9251	783	70	to	to	ADP
cjal-9251	783	71	15,849	15,849	NUM
cjal-9251	783	72	,	,	PUNCT
cjal-9251	783	73	government	government	NOUN
cjal-9251	783	74	guidanc	guidanc	NOUN
cjal-9251	783	75	e	e	NOUN
cjal-9251	783	76	funds	fund	NOUN
cjal-9251	783	77	,	,	PUNCT
cjal-9251	783	78	listed	list	VERB
cjal-9251	783	79	companies	company	NOUN
cjal-9251	783	80	,	,	PUNCT
cjal-9251	783	81	insuran	insuran	PROPN
cjal-9251	783	82	ce	ce	PROPN
cjal-9251	783	83	institution	institution	PROPN
cjal-9251	783	84	s	s	VERB
cjal-9251	783	85	are	be	AUX
cjal-9251	783	86	the	the	DET
cjal-9251	783	87	most	most	ADV
cjal-9251	783	88	popular	popular	ADJ
cjal-9251	783	89	institutional	institutional	ADJ
cjal-9251	783	90	lps	lps	PROPN
cjal-9251	783	91	,	,	PUNCT
cjal-9251	783	92	supra	supra	PROPN
cjal-9251	783	93	note	note	VERB
cjal-9251	783	94	102	102	NUM
cjal-9251	783	95	(	(	PUNCT
cjal-9251	783	96	2005	2005	NUM
cjal-9251	783	97	-	-	SYM
cjal-9251	783	98	2016	2016	NUM
cjal-9251	783	99	)	)	PUNCT
cjal-9251	783	100	.	.	PUNCT
cjal-9251	784	1	2017	2017	NUM
cjal-9251	784	2	]	]	PUNCT
cjal-9251	784	3	engineering	engineer	VERB
cjal-9251	784	4	a	a	DET
cjal-9251	784	5	venture	venture	NOUN
cjal-9251	784	6	capital	capital	NOUN
cjal-9251	784	7	market	market	NOUN
cjal-9251	784	8	193	193	NUM
cjal-9251	784	9	were	be	AUX
cjal-9251	784	10	only	only	ADV
cjal-9251	784	11	9	9	NUM
cjal-9251	784	12	national	national	ADJ
cjal-9251	784	13	-	-	PUNCT
cjal-9251	784	14	level	level	NOUN
cjal-9251	784	15	ggfs	ggfs	NOUN
cjal-9251	784	16	,	,	PUNCT
cjal-9251	784	17	managing	manage	VERB
cjal-9251	784	18	rmb	rmb	NOUN
cjal-9251	784	19	274.85	274.85	NUM
cjal-9251	784	20	billion	billion	NUM
cjal-9251	784	21	.	.	PUNCT
cjal-9251	784	22	235	235	NUM
cjal-9251	784	23	while	while	SCONJ
cjal-9251	784	24	most	most	ADJ
cjal-9251	784	25	of	of	ADP
cjal-9251	784	26	these	these	DET
cjal-9251	784	27	ggfs	ggfs	NOUN
cjal-9251	784	28	were	be	AUX
cjal-9251	784	29	recently	recently	ADV
cjal-9251	784	30	established	establish	VERB
cjal-9251	784	31	and	and	CCONJ
cjal-9251	784	32	it	it	PRON
cjal-9251	784	33	is	be	AUX
cjal-9251	784	34	still	still	ADV
cjal-9251	784	35	too	too	ADV
cjal-9251	784	36	early	early	ADJ
cjal-9251	784	37	to	to	PART
cjal-9251	784	38	test	test	VERB
cjal-9251	784	39	their	their	PRON
cjal-9251	784	40	roles	role	NOUN
cjal-9251	784	41	in	in	ADP
cjal-9251	784	42	the	the	DET
cjal-9251	784	43	vc	vc	PROPN
cjal-9251	784	44	market	market	NOUN
cjal-9251	784	45	empirically	empirically	ADV
cjal-9251	784	46	,	,	PUNCT
cjal-9251	784	47	there	there	PRON
cjal-9251	784	48	are	be	VERB
cjal-9251	784	49	several	several	ADJ
cjal-9251	784	50	flaws	flaw	NOUN
cjal-9251	784	51	in	in	ADP
cjal-9251	784	52	the	the	DET
cjal-9251	784	53	structure	structure	NOUN
cjal-9251	784	54	of	of	ADP
cjal-9251	784	55	the	the	DET
cjal-9251	784	56	local	local	ADJ
cjal-9251	784	57	ggfs	ggfs	NOUN
cjal-9251	784	58	and	and	CCONJ
cjal-9251	784	59	the	the	DET
cjal-9251	784	60	rules	rule	NOUN
cjal-9251	784	61	by	by	ADP
cjal-9251	784	62	which	which	PRON
cjal-9251	784	63	they	they	PRON
cjal-9251	784	64	operate	operate	VERB
cjal-9251	784	65	.	.	PUNCT
cjal-9251	785	1	first	first	ADV
cjal-9251	785	2	,	,	PUNCT
cjal-9251	785	3	local	local	ADJ
cjal-9251	785	4	government	government	NOUN
cjal-9251	785	5	intervention	intervention	NOUN
cjal-9251	785	6	is	be	AUX
cjal-9251	785	7	prevalent	prevalent	ADJ
cjal-9251	785	8	within	within	ADP
cjal-9251	785	9	local	local	ADJ
cjal-9251	785	10	ggfs	ggfs	NOUN
cjal-9251	785	11	.	.	PUNCT
cjal-9251	786	1	local	local	ADJ
cjal-9251	786	2	governments	government	NOUN
cjal-9251	786	3	often	often	ADV
cjal-9251	786	4	mandate	mandate	VERB
cjal-9251	786	5	the	the	DET
cjal-9251	786	6	sectors	sector	NOUN
cjal-9251	786	7	,	,	PUNCT
cjal-9251	786	8	companies	company	NOUN
cjal-9251	786	9	,	,	PUNCT
cjal-9251	786	10	or	or	CCONJ
cjal-9251	786	11	locations	location	NOUN
cjal-9251	786	12	to	to	PART
cjal-9251	786	13	be	be	AUX
cjal-9251	786	14	funded	fund	VERB
cjal-9251	786	15	.	.	PUNCT
cjal-9251	787	1	236	236	NUM
cjal-9251	787	2	in	in	ADP
cjal-9251	787	3	particular	particular	ADJ
cjal-9251	787	4	,	,	PUNCT
cjal-9251	787	5	it	it	PRON
cjal-9251	787	6	is	be	AUX
cjal-9251	787	7	common	common	ADJ
cjal-9251	787	8	for	for	SCONJ
cjal-9251	787	9	a	a	DET
cjal-9251	787	10	local	local	ADJ
cjal-9251	787	11	government	government	NOUN
cjal-9251	787	12	to	to	PART
cjal-9251	787	13	require	require	VERB
cjal-9251	787	14	a	a	DET
cjal-9251	787	15	vc	vc	NOUN
cjal-9251	787	16	firm	firm	NOUN
cjal-9251	787	17	to	to	PART
cjal-9251	787	18	inject	inject	VERB
cjal-9251	787	19	ggf	ggf	PROPN
cjal-9251	787	20	funding	funding	NOUN
cjal-9251	787	21	in	in	ADP
cjal-9251	787	22	certain	certain	ADJ
cjal-9251	787	23	companies	company	NOUN
cjal-9251	787	24	within	within	ADP
cjal-9251	787	25	the	the	DET
cjal-9251	787	26	region	region	NOUN
cjal-9251	787	27	.	.	PUNCT
cjal-9251	788	1	237	237	NUM
cjal-9251	788	2	this	this	PRON
cjal-9251	788	3	could	could	AUX
cjal-9251	788	4	lead	lead	VERB
cjal-9251	788	5	to	to	ADP
cjal-9251	788	6	conflicts	conflict	NOUN
cjal-9251	788	7	between	between	ADP
cjal-9251	788	8	the	the	DET
cjal-9251	788	9	ggf	ggf	PROPN
cjal-9251	788	10	and	and	CCONJ
cjal-9251	788	11	the	the	DET
cjal-9251	788	12	vc	vc	PROPN
cjal-9251	788	13	firm	firm	NOUN
cjal-9251	788	14	,	,	PUNCT
cjal-9251	788	15	resulting	result	VERB
cjal-9251	788	16	in	in	ADP
cjal-9251	788	17	disincentives	disincentive	NOUN
cjal-9251	788	18	to	to	ADP
cjal-9251	788	19	the	the	DET
cjal-9251	788	20	latter	latter	ADJ
cjal-9251	788	21	in	in	ADP
cjal-9251	788	22	finding	find	VERB
cjal-9251	788	23	promising	promising	ADJ
cjal-9251	788	24	projects	project	NOUN
cjal-9251	788	25	and	and	CCONJ
cjal-9251	788	26	causing	cause	VERB
cjal-9251	788	27	it	it	PRON
cjal-9251	788	28	to	to	PART
cjal-9251	788	29	be	be	AUX
cjal-9251	788	30	less	less	ADV
cjal-9251	788	31	willing	willing	ADJ
cjal-9251	788	32	to	to	PART
cjal-9251	788	33	receive	receive	VERB
cjal-9251	788	34	funding	funding	NOUN
cjal-9251	788	35	from	from	ADP
cjal-9251	788	36	ggfs	ggfs	NOUN
cjal-9251	788	37	in	in	ADP
cjal-9251	788	38	future	future	ADJ
cjal-9251	788	39	projects	project	NOUN
cjal-9251	788	40	.	.	PUNCT
cjal-9251	789	1	there	there	PRON
cjal-9251	789	2	are	be	VERB
cjal-9251	789	3	also	also	ADV
cjal-9251	789	4	problematic	problematic	ADJ
cjal-9251	789	5	local	local	ADJ
cjal-9251	789	6	regulations	regulation	NOUN
cjal-9251	789	7	that	that	PRON
cjal-9251	789	8	unduly	unduly	ADV
cjal-9251	789	9	restrict	restrict	VERB
cjal-9251	789	10	the	the	DET
cjal-9251	789	11	duration	duration	NOUN
cjal-9251	789	12	of	of	ADP
cjal-9251	789	13	investments	investment	NOUN
cjal-9251	789	14	and	and	CCONJ
cjal-9251	789	15	size	size	NOUN
cjal-9251	789	16	of	of	ADP
cjal-9251	789	17	the	the	DET
cjal-9251	789	18	portfolio	portfolio	NOUN
cjal-9251	789	19	companies	company	NOUN
cjal-9251	789	20	.	.	PUNCT
cjal-9251	790	1	for	for	ADP
cjal-9251	790	2	example	example	NOUN
cjal-9251	790	3	,	,	PUNCT
cjal-9251	790	4	jiangsu	jiangsu	PROPN
cjal-9251	790	5	province	province	PROPN
cjal-9251	790	6	specifies	specify	VERB
cjal-9251	790	7	that	that	PRON
cjal-9251	790	8	the	the	DET
cjal-9251	790	9	maximum	maximum	ADJ
cjal-9251	790	10	duration	duration	NOUN
cjal-9251	790	11	of	of	ADP
cjal-9251	790	12	the	the	DET
cjal-9251	790	13	ggf	ggf	PROPN
cjal-9251	790	14	investment	investment	NOUN
cjal-9251	790	15	is	be	AUX
cjal-9251	790	16	five	five	NUM
cjal-9251	790	17	years	year	NOUN
cjal-9251	790	18	,	,	PUNCT
cjal-9251	790	19	238	238	NUM
cjal-9251	790	20	which	which	PRON
cjal-9251	790	21	is	be	AUX
cjal-9251	790	22	inconsistent	inconsistent	ADJ
cjal-9251	790	23	with	with	ADP
cjal-9251	790	24	the	the	DET
cjal-9251	790	25	international	international	ADJ
cjal-9251	790	26	practice	practice	NOUN
cjal-9251	790	27	of	of	ADP
cjal-9251	790	28	between	between	ADP
cjal-9251	790	29	7	7	NUM
cjal-9251	790	30	to	to	PART
cjal-9251	790	31	10	10	NUM
cjal-9251	790	32	years	year	NOUN
cjal-9251	790	33	.	.	PUNCT
cjal-9251	791	1	239	239	NUM
cjal-9251	791	2	restricting	restrict	VERB
cjal-9251	791	3	the	the	DET
cjal-9251	791	4	duration	duration	NOUN
cjal-9251	791	5	of	of	ADP
cjal-9251	791	6	investments	investment	NOUN
cjal-9251	791	7	and	and	CCONJ
cjal-9251	791	8	size	size	NOUN
cjal-9251	791	9	of	of	ADP
cjal-9251	791	10	the	the	DET
cjal-9251	791	11	portfolio	portfolio	NOUN
cjal-9251	791	12	companies	company	NOUN
cjal-9251	791	13	ignores	ignore	VERB
cjal-9251	791	14	market	market	NOUN
cjal-9251	791	15	force	force	NOUN
cjal-9251	791	16	in	in	ADP
cjal-9251	791	17	the	the	DET
cjal-9251	791	18	selection	selection	NOUN
cjal-9251	791	19	of	of	ADP
cjal-9251	791	20	portfolio	portfolio	NOUN
cjal-9251	791	21	companies	company	NOUN
cjal-9251	791	22	.	.	PUNCT
cjal-9251	792	1	investment	investment	NOUN
cjal-9251	792	2	managers	manager	NOUN
cjal-9251	792	3	may	may	AUX
cjal-9251	792	4	have	have	VERB
cjal-9251	792	5	to	to	PART
cjal-9251	792	6	choose	choose	VERB
cjal-9251	792	7	those	those	DET
cjal-9251	792	8	companies	company	NOUN
cjal-9251	792	9	that	that	PRON
cjal-9251	792	10	fall	fall	VERB
cjal-9251	792	11	within	within	ADP
cjal-9251	792	12	the	the	DET
cjal-9251	792	13	restricted	restricted	ADJ
cjal-9251	792	14	categories	category	NOUN
cjal-9251	792	15	but	but	CCONJ
cjal-9251	792	16	not	not	PART
cjal-9251	792	17	the	the	DET
cjal-9251	792	18	companies	company	NOUN
cjal-9251	792	19	with	with	ADP
cjal-9251	792	20	growth	growth	NOUN
cjal-9251	792	21	potential	potential	NOUN
cjal-9251	792	22	and	and	CCONJ
cjal-9251	792	23	are	be	AUX
cjal-9251	792	24	in	in	ADP
cjal-9251	792	25	need	need	NOUN
cjal-9251	792	26	of	of	ADP
cjal-9251	792	27	venture	venture	NOUN
cjal-9251	792	28	capital	capital	NOUN
cjal-9251	792	29	.	.	PUNCT
cjal-9251	793	1	shortening	shorten	VERB
cjal-9251	793	2	the	the	DET
cjal-9251	793	3	investment	investment	NOUN
cjal-9251	793	4	duration	duration	NOUN
cjal-9251	793	5	will	will	AUX
cjal-9251	793	6	encourage	encourage	VERB
cjal-9251	793	7	investment	investment	NOUN
cjal-9251	793	8	managers	manager	NOUN
cjal-9251	793	9	to	to	PART
cjal-9251	793	10	choose	choose	VERB
cjal-9251	793	11	mature	mature	ADJ
cjal-9251	793	12	or	or	CCONJ
cjal-9251	793	13	pre	pre	ADJ
cjal-9251	793	14	-	-	ADJ
cjal-9251	793	15	ipo	ipo	ADJ
cjal-9251	793	16	projects	project	NOUN
cjal-9251	793	17	instead	instead	ADV
cjal-9251	793	18	of	of	ADP
cjal-9251	793	19	early	early	ADJ
cjal-9251	793	20	-	-	PUNCT
cjal-9251	793	21	stage	stage	NOUN
cjal-9251	793	22	start	start	NOUN
cjal-9251	793	23	-	-	PUNCT
cjal-9251	793	24	ups	up	NOUN
cjal-9251	793	25	.	.	PUNCT
cjal-9251	794	1	second	second	ADV
cjal-9251	794	2	,	,	PUNCT
cjal-9251	794	3	the	the	DET
cjal-9251	794	4	selection	selection	NOUN
cjal-9251	794	5	of	of	ADP
cjal-9251	794	6	managers	manager	NOUN
cjal-9251	794	7	in	in	ADP
cjal-9251	794	8	some	some	DET
cjal-9251	794	9	local	local	ADJ
cjal-9251	794	10	ggfs	ggfs	NOUN
cjal-9251	794	11	is	be	AUX
cjal-9251	794	12	flawed	flawed	ADJ
cjal-9251	794	13	.	.	PUNCT
cjal-9251	795	1	for	for	ADP
cjal-9251	795	2	instance	instance	NOUN
cjal-9251	795	3	,	,	PUNCT
cjal-9251	795	4	the	the	DET
cjal-9251	795	5	manager	manager	NOUN
cjal-9251	795	6	of	of	ADP
cjal-9251	795	7	the	the	DET
cjal-9251	795	8	shanghai	shanghai	PROPN
cjal-9251	795	9	angel	angel	NOUN
cjal-9251	795	10	investment	investment	NOUN
cjal-9251	795	11	guidance	guidance	NOUN
cjal-9251	795	12	fund	fund	NOUN
cjal-9251	795	13	(	(	PUNCT
cjal-9251	795	14	aigf	aigf	PROPN
cjal-9251	795	15	)	)	PUNCT
cjal-9251	795	16	is	be	AUX
cjal-9251	795	17	not	not	PART
cjal-9251	795	18	selected	select	VERB
cjal-9251	795	19	from	from	ADP
cjal-9251	795	20	the	the	DET
cjal-9251	795	21	private	private	ADJ
cjal-9251	795	22	sector	sector	NOUN
cjal-9251	795	23	,	,	PUNCT
cjal-9251	795	24	but	but	CCONJ
cjal-9251	795	25	is	be	AUX
cjal-9251	795	26	statutorily	statutorily	ADV
cjal-9251	795	27	235	235	NUM
cjal-9251	795	28	zero2ipo	zero2ipo	PROPN
cjal-9251	795	29	research	research	NOUN
cjal-9251	795	30	center	center	NOUN
cjal-9251	795	31	,	,	PUNCT
cjal-9251	795	32	supra	supra	PROPN
cjal-9251	795	33	note	note	NOUN
cjal-9251	795	34	85	85	NUM
cjal-9251	795	35	.	.	NOUN
cjal-9251	795	36	236	236	NUM
cjal-9251	795	37	for	for	ADP
cjal-9251	795	38	example	example	NOUN
cjal-9251	795	39	,	,	PUNCT
cjal-9251	795	40	article	article	NOUN
cjal-9251	795	41	6(5	6(5	NUM
cjal-9251	795	42	)	)	PUNCT
cjal-9251	795	43	of	of	ADP
cjal-9251	795	44	the	the	DET
cjal-9251	795	45	implementation	implementation	NOUN
cjal-9251	795	46	rules	rule	NOUN
cjal-9251	795	47	for	for	ADP
cjal-9251	795	48	shanghai	shanghai	PROPN
cjal-9251	795	49	angel	angel	PROPN
cjal-9251	795	50	investments	investments	PROPN
cjal-9251	795	51	guidance	guidance	NOUN
cjal-9251	795	52	fund	fund	NOUN
cjal-9251	795	53	states	state	VERB
cjal-9251	795	54	that	that	SCONJ
cjal-9251	795	55	the	the	DET
cjal-9251	795	56	investor	investor	NOUN
cjal-9251	795	57	is	be	AUX
cjal-9251	795	58	to	to	PART
cjal-9251	795	59	invest	invest	VERB
cjal-9251	795	60	mainly	mainly	ADV
cjal-9251	795	61	in	in	ADP
cjal-9251	795	62	companies	company	NOUN
cjal-9251	795	63	within	within	ADP
cjal-9251	795	64	shanghai	shanghai	PROPN
cjal-9251	795	65	.	.	PUNCT
cjal-9251	796	1	shanghaishi	shanghaishi	PROPN
cjal-9251	796	2	tianshi	tianshi	PROPN
cjal-9251	796	3	tozi	tozi	PROPN
cjal-9251	796	4	yindao	yindao	VERB
cjal-9251	796	5	jijjn	jijjn	PROPN
cjal-9251	796	6	guanli	guanli	PROPN
cjal-9251	796	7	shishi	shishi	PROPN
cjal-9251	796	8	xize	xize	PROPN
cjal-9251	796	9	(	(	PUNCT
cjal-9251	796	10	.t	.t	PROPN
cjal-9251	796	11	~	~	SYM
cjal-9251	796	12	rfijc{ttl	rfijc{ttl	PROPN
cjal-9251	796	13	(	(	PUNCT
cjal-9251	796	14	!	!	PUNCT
cjal-9251	797	1	i'i	i'i	PROPN
cjal-9251	797	2	51	51	NUM
cjal-9251	797	3	~~~ff~~»fii	~~~ff~~»fii	ADJ
cjal-9251	797	4	~	~	SYM
cjal-9251	797	5	ji!o	ji!o	NOUN
cjal-9251	797	6	,	,	PUNCT
cjal-9251	797	7	[	[	X
cjal-9251	797	8	implementation	implementation	NOUN
cjal-9251	797	9	rules	rule	NOUN
cjal-9251	797	10	of	of	ADP
cjal-9251	797	11	the	the	DET
cjal-9251	797	12	shanghai	shanghai	PROPN
cjal-9251	797	13	angel	angel	NOUN
cjal-9251	797	14	investment	investment	NOUN
cjal-9251	797	15	guidance	guidance	NOUN
cjal-9251	797	16	fund	fund	NOUN
cjal-9251	797	17	)	)	PUNCT
cjal-9251	797	18	(	(	PUNCT
cjal-9251	797	19	promulgated	promulgate	VERB
cjal-9251	797	20	by	by	ADP
cjal-9251	797	21	the	the	DET
cjal-9251	797	22	shanghai	shanghai	PROPN
cjal-9251	797	23	municipal	municipal	PROPN
cjal-9251	797	24	development	development	PROPN
cjal-9251	797	25	and	and	CCONJ
cjal-9251	797	26	reform	reform	PROPN
cjal-9251	797	27	commission	commission	PROPN
cjal-9251	797	28	,	,	PUNCT
cjal-9251	797	29	dec	dec	PROPN
cjal-9251	797	30	.	.	PROPN
cjal-9251	797	31	16	16	NUM
cjal-9251	797	32	,	,	PUNCT
cjal-9251	797	33	2014	2014	NUM
cjal-9251	797	34	,	,	PUNCT
cjal-9251	797	35	effective	effective	ADJ
cjal-9251	797	36	dec	dec	PROPN
cjal-9251	797	37	.	.	PROPN
cjal-9251	797	38	16	16	NUM
cjal-9251	797	39	,	,	PUNCT
cjal-9251	797	40	2014	2014	NUM
cjal-9251	797	41	)	)	PUNCT
cjal-9251	797	42	,	,	PUNCT
cjal-9251	797	43	art	art	NOUN
cjal-9251	797	44	.	.	PUNCT
cjal-9251	798	1	6(5	6(5	NUM
cjal-9251	798	2	)	)	PUNCT
cjal-9251	799	1	hukehe	hukehe	NOUN
cjal-9251	800	1	[	[	X
cjal-9251	800	2	2014	2014	NUM
cjal-9251	800	3	)	)	PUNCT
cjal-9251	801	1	no	no	INTJ
cjal-9251	801	2	.	.	NOUN
cjal-9251	801	3	49	49	NUM
cjal-9251	801	4	http	http	NOUN
cjal-9251	801	5	:	:	PUNCT
cjal-9251	801	6	//bit.ly/	//bit.ly/	PUNCT
cjal-9251	802	1	2t1v5cn	2t1v5cn	X
cjal-9251	802	2	.	.	PUNCT
cjal-9251	802	3	zl7	zl7	PROPN
cjal-9251	802	4	article	article	NOUN
cjal-9251	802	5	8	8	NUM
cjal-9251	802	6	of	of	ADP
cjal-9251	802	7	the	the	DET
cjal-9251	802	8	implementation	implementation	NOUN
cjal-9251	802	9	rules	rule	NOUN
cjal-9251	802	10	of	of	ADP
cjal-9251	802	11	the	the	DET
cjal-9251	802	12	shanghai	shanghai	PROPN
cjal-9251	802	13	angel	angel	NOUN
cjal-9251	802	14	investment	investment	PROPN
cjal-9251	802	15	guidance	guidance	NOUN
cjal-9251	802	16	fund	fund	NOUN
cjal-9251	802	17	,	,	PUNCT
cjal-9251	802	18	supra	supra	PROPN
cjal-9251	802	19	note	note	PROPN
cjal-9251	802	20	236	236	NUM
cjal-9251	802	21	,	,	PUNCT
cjal-9251	802	22	states	state	VERB
cjal-9251	802	23	that	that	SCONJ
cjal-9251	802	24	investments	investment	NOUN
cjal-9251	802	25	by	by	ADP
cjal-9251	802	26	the	the	DET
cjal-9251	802	27	shanghai	shanghai	PROPN
cjal-9251	802	28	angel	angel	NOUN
cjal-9251	802	29	investments	investment	NOUN
cjal-9251	802	30	guidance	guidance	NOUN
cjal-9251	802	31	fund	fund	NOUN
cjal-9251	802	32	into	into	ADP
cjal-9251	802	33	each	each	DET
cjal-9251	802	34	portfolio	portfolio	NOUN
cjal-9251	802	35	company	company	NOUN
cjal-9251	802	36	shall	shall	AUX
cjal-9251	802	37	be	be	AUX
cjal-9251	802	38	between	between	ADP
cjal-9251	802	39	rmb	rmb	PROPN
cjal-9251	802	40	5	5	NUM
cjal-9251	802	41	million	million	NUM
cjal-9251	802	42	30	30	NUM
cjal-9251	802	43	million	million	NUM
cjal-9251	802	44	rmb	rmb	NOUN
cjal-9251	802	45	and	and	CCONJ
cjal-9251	802	46	that	that	SCONJ
cjal-9251	802	47	this	this	DET
cjal-9251	802	48	amount	amount	NOUN
cjal-9251	802	49	shall	shall	AUX
cjal-9251	802	50	not	not	PART
cjal-9251	802	51	exceed	exceed	VERB
cjal-9251	802	52	50	50	NUM
cjal-9251	802	53	%	%	NOUN
cjal-9251	802	54	of	of	ADP
cjal-9251	802	55	the	the	DET
cjal-9251	802	56	total	total	ADJ
cjal-9251	802	57	subscribed	subscribe	VERB
cjal-9251	802	58	capital	capital	NOUN
cjal-9251	802	59	of	of	ADP
cjal-9251	802	60	the	the	DET
cjal-9251	802	61	portfolio	portfolio	NOUN
cjal-9251	802	62	company	company	NOUN
cjal-9251	802	63	.	.	PUNCT
cjal-9251	803	1	238	238	NUM
cjal-9251	803	2	article	article	NOUN
cjal-9251	803	3	41	41	NUM
cjal-9251	803	4	of	of	ADP
cjal-9251	803	5	the	the	DET
cjal-9251	803	6	measures	measure	NOUN
cjal-9251	803	7	of	of	ADP
cjal-9251	803	8	the	the	DET
cjal-9251	803	9	jiangsu	jiangsu	NOUN
cjal-9251	803	10	emerging	emerge	VERB
cjal-9251	803	11	industry	industry	NOUN
cjal-9251	803	12	venture	venture	NOUN
cjal-9251	803	13	capital	capital	NOUN
cjal-9251	803	14	investment	investment	NOUN
cjal-9251	803	15	guidance	guidance	NOUN
cjal-9251	803	16	fund	fund	NOUN
cjal-9251	803	17	states	state	VERB
cjal-9251	803	18	that	that	SCONJ
cjal-9251	803	19	the	the	DET
cjal-9251	803	20	duration	duration	NOUN
cjal-9251	803	21	of	of	ADP
cjal-9251	803	22	investments	investment	NOUN
cjal-9251	803	23	made	make	VERB
cjal-9251	803	24	by	by	ADP
cjal-9251	803	25	the	the	DET
cjal-9251	803	26	jiangsu	jiangsu	NOUN
cjal-9251	803	27	emerging	emerge	VERB
cjal-9251	803	28	industry	industry	NOUN
cjal-9251	803	29	venture	venture	NOUN
cjal-9251	803	30	capital	capital	NOUN
cjal-9251	803	31	investment	investment	NOUN
cjal-9251	803	32	guidance	guidance	NOUN
cjal-9251	803	33	fund	fund	NOUN
cjal-9251	803	34	shall	shall	AUX
cjal-9251	803	35	not	not	PART
cjal-9251	803	36	exceed	exceed	VERB
cjal-9251	803	37	5	5	NUM
cjal-9251	803	38	years	year	NOUN
cjal-9251	803	39	unless	unless	SCONJ
cjal-9251	803	40	approval	approval	NOUN
cjal-9251	803	41	is	be	AUX
cjal-9251	803	42	sought	seek	VERB
cjal-9251	803	43	from	from	ADP
cjal-9251	803	44	the	the	DET
cjal-9251	803	45	fund	fund	NOUN
cjal-9251	803	46	's	's	PART
cjal-9251	803	47	management	management	NOUN
cjal-9251	803	48	committee	committee	NOUN
cjal-9251	803	49	.	.	PUNCT
cjal-9251	804	1	jiangsusheng	jiangsusheng	PROPN
cjal-9251	804	2	xinxing	xinxing	PROPN
cjal-9251	804	3	chanye	chanye	PROPN
cjal-9251	804	4	chuangye	chuangye	NOUN
cjal-9251	805	1	touzi	touzi	PROPN
cjal-9251	805	2	yindao	yindao	VERB
cjal-9251	805	3	jijin	jijin	PROPN
cjal-9251	805	4	guanli	guanli	PROPN
cjal-9251	805	5	banfa	banfa	PROPN
cjal-9251	805	6	(	(	PUNCT
cjal-9251	805	7	ir:;)i;11i'if)~f"	ir:;)i;11i'if)~f"	PROPN
cjal-9251	805	8	.	.	PUNCT
cjal-9251	805	9	'&e1j	'&e1j	PROPN
cjal-9251	805	10	.	.	PUNCT
cjal-9251	805	11	'&n!i'iijl	'&n!i'iijl	X
cjal-9251	806	1	i	i	PRON
cjal-9251	806	2	/	/	SYM
cjal-9251	806	3	j	j	PROPN
cjal-9251	806	4	-	-	PUNCT
cjal-9251	806	5	tlj	tlj	PROPN
cjal-9251	806	6	.	.	PUNCT
cjal-9251	806	7	)	)	PUNCT
cjal-9251	807	1	[	[	X
cjal-9251	807	2	measures	measure	NOUN
cjal-9251	807	3	of	of	ADP
cjal-9251	807	4	the	the	DET
cjal-9251	807	5	jiangsu	jiangsu	NOUN
cjal-9251	807	6	emerging	emerge	VERB
cjal-9251	807	7	industry	industry	NOUN
cjal-9251	807	8	venture	venture	NOUN
cjal-9251	807	9	capital	capital	NOUN
cjal-9251	807	10	investment	investment	NOUN
cjal-9251	807	11	guidance	guidance	NOUN
cjal-9251	807	12	fund	fund	NOUN
cjal-9251	807	13	)	)	PUNCT
cjal-9251	807	14	(	(	PUNCT
cjal-9251	807	15	promulgated	promulgate	VERB
cjal-9251	807	16	may	may	AUX
cjal-9251	807	17	20	20	NUM
cjal-9251	807	18	,	,	PUNCT
cjal-9251	807	19	2013	2013	NUM
cjal-9251	807	20	,	,	PUNCT
cjal-9251	807	21	effective	effective	ADJ
cjal-9251	807	22	may	may	PROPN
cjal-9251	807	23	20	20	NUM
cjal-9251	807	24	,	,	PUNCT
cjal-9251	807	25	2013	2013	NUM
cjal-9251	807	26	)	)	PUNCT
cjal-9251	807	27	,	,	PUNCT
cjal-9251	807	28	http://bit.ly/2tzzn2d	http://bit.ly/2tzzn2d	PROPN
cjal-9251	807	29	.	.	PROPN
cjal-9251	807	30	2-'!9	2-'!9	NUM
cjal-9251	807	31	lerner	lerner	PROPN
cjal-9251	807	32	,	,	PUNCT
cjal-9251	807	33	supra	supra	PROPN
cjal-9251	807	34	note	note	NOUN
cjal-9251	807	35	5	5	NUM
cjal-9251	807	36	.	.	SYM
cjal-9251	807	37	194	194	NUM
cjal-9251	807	38	columbia	columbia	PROPN
cjal-9251	807	39	journal	journal	PROPN
cjal-9251	807	40	of	of	ADP
cjal-9251	807	41	asian	asian	PROPN
cjal-9251	807	42	la	la	PROPN
cjal-9251	807	43	iv	iv	X
cjal-9251	808	1	[	[	X
cjal-9251	808	2	vol	vol	NOUN
cjal-9251	808	3	.	.	PUNCT
cjal-9251	808	4	30:160	30:160	NUM
cjal-9251	808	5	appointed	appoint	VERB
cjal-9251	808	6	.	.	PUNCT
cjal-9251	809	1	the	the	DET
cjal-9251	809	2	manager	manager	NOUN
cjal-9251	809	3	currently	currently	ADV
cjal-9251	809	4	appointed	appoint	VERB
cjal-9251	809	5	is	be	AUX
cjal-9251	809	6	a	a	DET
cjal-9251	809	7	subsidiary	subsidiary	NOUN
cjal-9251	809	8	240	240	NUM
cjal-9251	809	9	of	of	ADP
cjal-9251	809	10	another	another	DET
cjal-9251	809	11	government	government	NOUN
cjal-9251	809	12	-	-	PUNCT
cjal-9251	809	13	backed	back	VERB
cjal-9251	809	14	fund	fund	NOUN
cjal-9251	809	15	,	,	PUNCT
cjal-9251	809	16	the	the	DET
cjal-9251	809	17	shanghai	shanghai	PROPN
cjal-9251	809	18	technology	technology	PROPN
cjal-9251	809	19	entrepreneurship	entrepreneurship	NOUN
cjal-9251	809	20	foundation	foundation	NOUN
cjal-9251	809	21	for	for	ADP
cjal-9251	809	22	graduates	graduate	NOUN
cjal-9251	809	23	(	(	PUNCT
cjal-9251	809	24	"	"	PUNCT
cjal-9251	809	25	efg	efg	NOUN
cjal-9251	809	26	"	"	PUNCT
cjal-9251	809	27	)	)	PUNCT
cjal-9251	809	28	,	,	PUNCT
cjal-9251	809	29	241	241	NUM
cjal-9251	809	30	that	that	PRON
cjal-9251	809	31	"	"	PUNCT
cjal-9251	809	32	shall	shall	AUX
cjal-9251	809	33	exercise	exercise	VERB
cjal-9251	809	34	the	the	DET
cjal-9251	809	35	rights	right	NOUN
cjal-9251	809	36	as	as	ADP
cjal-9251	809	37	the	the	DET
cjal-9251	809	38	investors	investor	NOUN
cjal-9251	809	39	of	of	ADP
cjal-9251	809	40	the	the	DET
cjal-9251	809	41	shanghai	shanghai	PROPN
cjal-9251	809	42	aigf	aigf	PROPN
cjal-9251	809	43	.	.	PUNCT
cjal-9251	809	44	"	"	PUNCT
cjal-9251	810	1	242	242	NUM
cjal-9251	810	2	two	two	NUM
cjal-9251	810	3	questions	question	NOUN
cjal-9251	810	4	naturally	naturally	ADV
cjal-9251	810	5	follow	follow	VERB
cjal-9251	810	6	:	:	PUNCT
cjal-9251	810	7	first	first	ADV
cjal-9251	810	8	,	,	PUNCT
cjal-9251	810	9	how	how	SCONJ
cjal-9251	810	10	would	would	AUX
cjal-9251	810	11	efg	efg	VERB
cjal-9251	810	12	"	"	PUNCT
cjal-9251	810	13	exercise	exercise	VERB
cjal-9251	810	14	the	the	DET
cjal-9251	810	15	rights	right	NOUN
cjal-9251	810	16	as	as	ADP
cjal-9251	810	17	an	an	DET
cjal-9251	810	18	investor	investor	NOUN
cjal-9251	810	19	"	"	PUNCT
cjal-9251	810	20	and	and	CCONJ
cjal-9251	810	21	operate	operate	VERB
cjal-9251	810	22	the	the	DET
cjal-9251	810	23	fund	fund	NOUN
cjal-9251	810	24	effectively	effectively	ADV
cjal-9251	810	25	since	since	SCONJ
cjal-9251	810	26	it	it	PRON
cjal-9251	810	27	does	do	AUX
cjal-9251	810	28	not	not	PART
cjal-9251	810	29	hold	hold	VERB
cjal-9251	810	30	any	any	DET
cjal-9251	810	31	equity	equity	NOUN
cjal-9251	810	32	interests	interest	NOUN
cjal-9251	810	33	in	in	ADP
cjal-9251	810	34	the	the	DET
cjal-9251	810	35	fund	fund	NOUN
cjal-9251	810	36	?	?	PUNCT
cjal-9251	811	1	second	second	ADJ
cjal-9251	811	2	,	,	PUNCT
cjal-9251	811	3	how	how	SCONJ
cjal-9251	811	4	would	would	AUX
cjal-9251	811	5	the	the	DET
cjal-9251	811	6	efg	efg	NOUN
cjal-9251	811	7	monitor	monitor	VERB
cjal-9251	811	8	the	the	DET
cjal-9251	811	9	fund	fund	NOUN
cjal-9251	811	10	effectively	effectively	ADV
cjal-9251	811	11	when	when	SCONJ
cjal-9251	811	12	the	the	DET
cjal-9251	811	13	fund	fund	NOUN
cjal-9251	811	14	is	be	AUX
cjal-9251	811	15	being	be	AUX
cjal-9251	811	16	operated	operate	VERB
cjal-9251	811	17	by	by	ADP
cjal-9251	811	18	its	its	PRON
cjal-9251	811	19	subsidiary	subsidiary	NOUN
cjal-9251	811	20	?	?	PUNCT
cjal-9251	812	1	also	also	ADV
cjal-9251	812	2	,	,	PUNCT
cjal-9251	812	3	unlike	unlike	ADP
cjal-9251	812	4	the	the	DET
cjal-9251	812	5	ordinary	ordinary	ADJ
cjal-9251	812	6	vc	vc	PROPN
cjal-9251	812	7	limited	limit	VERB
cjal-9251	812	8	partnership	partnership	NOUN
cjal-9251	812	9	model	model	NOUN
cjal-9251	812	10	where	where	SCONJ
cjal-9251	812	11	a	a	DET
cjal-9251	812	12	professional	professional	ADJ
cjal-9251	812	13	vc	vc	PROPN
cjal-9251	812	14	firm	firm	NOUN
cjal-9251	812	15	serves	serve	VERB
cjal-9251	812	16	as	as	ADP
cjal-9251	812	17	the	the	DET
cjal-9251	812	18	gp	gp	NOUN
cjal-9251	812	19	and	and	CCONJ
cjal-9251	812	20	is	be	AUX
cjal-9251	812	21	subject	subject	ADJ
cjal-9251	812	22	to	to	ADP
cjal-9251	812	23	various	various	ADJ
cjal-9251	812	24	legal	legal	ADJ
cjal-9251	812	25	and	and	CCONJ
cjal-9251	812	26	contractual	contractual	ADJ
cjal-9251	812	27	constraints	constraint	NOUN
cjal-9251	812	28	(	(	PUNCT
cjal-9251	812	29	e.g.	e.g.	ADV
cjal-9251	812	30	unlimited	unlimited	ADJ
cjal-9251	812	31	liability	liability	NOUN
cjal-9251	812	32	for	for	ADP
cjal-9251	812	33	the	the	DET
cjal-9251	812	34	debts	debt	NOUN
cjal-9251	812	35	of	of	ADP
cjal-9251	812	36	the	the	DET
cjal-9251	812	37	fund	fund	NOUN
cjal-9251	812	38	,	,	PUNCT
cjal-9251	812	39	fiduciary	fiduciary	ADJ
cjal-9251	812	40	duties	duty	NOUN
cjal-9251	812	41	,	,	PUNCT
cjal-9251	812	42	and	and	CCONJ
cjal-9251	812	43	the	the	DET
cjal-9251	812	44	lps	lps	PROPN
cjal-9251	812	45	'	'	PART
cjal-9251	812	46	derivative	derivative	ADJ
cjal-9251	812	47	action	action	NOUN
cjal-9251	812	48	mechanism	mechanism	NOUN
cjal-9251	812	49	)	)	PUNCT
cjal-9251	812	50	,	,	PUNCT
cjal-9251	812	51	there	there	PRON
cjal-9251	812	52	is	be	VERB
cjal-9251	812	53	no	no	DET
cjal-9251	812	54	effective	effective	ADJ
cjal-9251	812	55	mechanism	mechanism	NOUN
cjal-9251	812	56	to	to	PART
cjal-9251	812	57	constrain	constrain	VERB
cjal-9251	812	58	the	the	DET
cjal-9251	812	59	behavior	behavior	NOUN
cjal-9251	812	60	of	of	ADP
cjal-9251	812	61	the	the	DET
cjal-9251	812	62	shanghai	shanghai	PROPN
cjal-9251	812	63	aigf	aigf	PROPN
cjal-9251	812	64	's	's	PART
cjal-9251	812	65	statutorily	statutorily	ADV
cjal-9251	812	66	mandated	mandate	VERB
cjal-9251	812	67	fund	fund	NOUN
cjal-9251	812	68	manager	manager	NOUN
cjal-9251	812	69	.	.	PUNCT
cjal-9251	813	1	moreover	moreover	ADV
cjal-9251	813	2	,	,	PUNCT
cjal-9251	813	3	under	under	ADP
cjal-9251	813	4	the	the	DET
cjal-9251	813	5	shanghai	shanghai	PROPN
cjal-9251	813	6	aigf	aigf	PROPN
cjal-9251	813	7	measures	measure	NOUN
cjal-9251	813	8	,	,	PUNCT
cjal-9251	813	9	243	243	NUM
cjal-9251	813	10	a	a	DET
cjal-9251	813	11	steering	steering	NOUN
cjal-9251	813	12	committee	committee	NOUN
cjal-9251	813	13	comprising	comprise	VERB
cjal-9251	813	14	the	the	DET
cjal-9251	813	15	deputy	deputy	ADJ
cjal-9251	813	16	mayor	mayor	NOUN
cjal-9251	813	17	of	of	ADP
cjal-9251	813	18	shanghai	shanghai	PROPN
cjal-9251	813	19	and	and	CCONJ
cjal-9251	813	20	other	other	ADJ
cjal-9251	813	21	government	government	NOUN
cjal-9251	813	22	bureaucrats	bureaucrat	NOUN
cjal-9251	813	23	is	be	AUX
cjal-9251	813	24	in	in	ADP
cjal-9251	813	25	charge	charge	NOUN
cjal-9251	813	26	of	of	ADP
cjal-9251	813	27	the	the	DET
cjal-9251	813	28	policy	policy	NOUN
cjal-9251	813	29	-	-	PUNCT
cjal-9251	813	30	making	making	NOUN
cjal-9251	813	31	and	and	CCONJ
cjal-9251	813	32	supervision	supervision	NOUN
cjal-9251	813	33	of	of	ADP
cjal-9251	813	34	the	the	DET
cjal-9251	813	35	fund	fund	NOUN
cjal-9251	813	36	.	.	PUNCT
cjal-9251	814	1	244	244	NUM
cjal-9251	815	1	the	the	DET
cjal-9251	815	2	lack	lack	NOUN
cjal-9251	815	3	of	of	ADP
cjal-9251	815	4	open	open	ADJ
cjal-9251	815	5	selection	selection	NOUN
cjal-9251	815	6	mechanism	mechanism	NOUN
cjal-9251	815	7	for	for	ADP
cjal-9251	815	8	local	local	ADJ
cjal-9251	815	9	cadres	cadre	NOUN
cjal-9251	815	10	in	in	ADP
cjal-9251	815	11	charge	charge	NOUN
cjal-9251	815	12	of	of	ADP
cjal-9251	815	13	the	the	DET
cjal-9251	815	14	ggfs	ggfs	NOUN
cjal-9251	815	15	may	may	AUX
cjal-9251	815	16	lead	lead	VERB
cjal-9251	815	17	to	to	ADP
cjal-9251	815	18	problems	problem	NOUN
cjal-9251	815	19	including	include	VERB
cjal-9251	815	20	bureaucratic	bureaucratic	ADJ
cjal-9251	815	21	red	red	ADJ
cjal-9251	815	22	-	-	PUNCT
cjal-9251	815	23	tape	tape	NOUN
cjal-9251	815	24	and	and	CCONJ
cjal-9251	815	25	a	a	DET
cjal-9251	815	26	lack	lack	NOUN
cjal-9251	815	27	of	of	ADP
cjal-9251	815	28	expertise	expertise	NOUN
cjal-9251	815	29	and	and	CCONJ
cjal-9251	815	30	professionalism	professionalism	NOUN
cjal-9251	815	31	within	within	ADP
cjal-9251	815	32	the	the	DET
cjal-9251	815	33	ggfs	ggfs	NOUN
cjal-9251	815	34	.	.	PUNCT
cjal-9251	816	1	further	far	ADV
cjal-9251	816	2	,	,	PUNCT
cjal-9251	816	3	the	the	DET
cjal-9251	816	4	shanghai	shanghai	PROPN
cjal-9251	816	5	aigf	aigf	PROPN
cjal-9251	816	6	measures	measure	NOUN
cjal-9251	816	7	mandate	mandate	VERB
cjal-9251	816	8	the	the	DET
cjal-9251	816	9	establishment	establishment	NOUN
cjal-9251	816	10	of	of	ADP
cjal-9251	816	11	a	a	DET
cjal-9251	816	12	separate	separate	ADJ
cjal-9251	816	13	investment	investment	NOUN
cjal-9251	816	14	committee	committee	NOUN
cjal-9251	816	15	comprised	comprise	VERB
cjal-9251	816	16	of	of	ADP
cjal-9251	816	17	extern	extern	ADJ
cjal-9251	816	18	·	·	PUNCT
cjal-9251	816	19	a1	a1	NOUN
cjal-9251	816	20	experts	expert	NOUN
cjal-9251	816	21	and	and	CCONJ
cjal-9251	816	22	government	government	NOUN
cjal-9251	816	23	representatives	representative	NOUN
cjal-9251	816	24	to	to	PART
cjal-9251	816	25	review	review	VERB
cjal-9251	816	26	and	and	CCONJ
cjal-9251	816	27	vote	vote	VERB
cjal-9251	816	28	for	for	ADP
cjal-9251	816	29	investment	investment	NOUN
cjal-9251	816	30	proposals	proposal	NOUN
cjal-9251	816	31	.	.	PUNCT
cjal-9251	817	1	246	246	NUM
cjal-9251	817	2	these	these	DET
cjal-9251	817	3	officials	official	NOUN
cjal-9251	817	4	may	may	AUX
cjal-9251	817	5	intervene	intervene	VERB
cjal-9251	817	6	directly	directly	ADV
cjal-9251	817	7	in	in	ADP
cjal-9251	817	8	the	the	DET
cjal-9251	817	9	decisionmaking	decisionmake	VERB
cjal-9251	817	10	process	process	NOUN
cjal-9251	817	11	of	of	ADP
cjal-9251	817	12	the	the	DET
cjal-9251	817	13	fund	fund	NOUN
cjal-9251	817	14	,	,	PUNCT
cjal-9251	817	15	thus	thus	ADV
cjal-9251	817	16	causing	cause	VERB
cjal-9251	817	17	internal	internal	ADJ
cjal-9251	817	18	conflicts	conflict	NOUN
cjal-9251	817	19	.	.	PUNCT
cjal-9251	818	1	also	also	ADV
cjal-9251	818	2	,	,	PUNCT
cjal-9251	818	3	while	while	SCONJ
cjal-9251	818	4	the	the	DET
cjal-9251	818	5	gp	gp	NOUN
cjal-9251	818	6	of	of	ADP
cjal-9251	818	7	a	a	DET
cjal-9251	818	8	limited	limit	VERB
cjal-9251	818	9	-	-	PUNCT
cjal-9251	818	10	partnership	partnership	NOUN
cjal-9251	818	11	type	type	NOUN
cjal-9251	818	12	vc	vc	PROPN
cjal-9251	818	13	fund	fund	NOUN
cjal-9251	818	14	in	in	ADP
cjal-9251	818	15	the	the	DET
cjal-9251	818	16	united	united	PROPN
cjal-9251	818	17	states	states	PROPN
cjal-9251	818	18	and	and	CCONJ
cjal-9251	818	19	the	the	DET
cjal-9251	818	20	united	united	ADJ
cjal-9251	818	21	kingdom	kingdom	PROPN
cjal-9251	818	22	is	be	AUX
cjal-9251	818	23	constrained	constrain	VERB
cjal-9251	818	24	by	by	ADP
cjal-9251	818	25	fiduciary	fiduciary	ADJ
cjal-9251	818	26	duties	duty	NOUN
cjal-9251	818	27	and	and	CCONJ
cjal-9251	818	28	potential	potential	ADJ
cjal-9251	818	29	2	2	NUM
cjal-9251	818	30	<	<	NOUN
cjal-9251	818	31	o	o	X
cjal-9251	818	32	shanghai	shanghai	PROPN
cjal-9251	818	33	vent	vent	PROPN
cjal-9251	818	34	ure	ure	VERB
cjal-9251	818	35	capital	capital	NOUN
cjal-9251	818	36	jieli	jieli	PROPN
cjal-9251	818	37	technology	technology	PROPN
cjal-9251	818	38	financing	financing	NOUN
cjal-9251	818	39	group	group	NOUN
cjal-9251	818	40	(	(	PUNCT
cjal-9251	818	41	shanghai	shanghai	PROPN
cjal-9251	818	42	chuangye	chuangye	NOUN
cjal-9251	818	43	jieli	jieli	PROPN
cjal-9251	818	44	keji	keji	PROPN
cjal-9251	818	45	jinrong	jinrong	PROPN
cjal-9251	818	46	jituan	jituan	PROPN
cjal-9251	818	47	)	)	PUNCT
cjal-9251	818	48	.	.	PUNCT
cjal-9251	819	1	241	241	NUM
cjal-9251	819	2	this	this	DET
cjal-9251	819	3	foundation	foundation	NOUN
cjal-9251	819	4	was	be	AUX
cjal-9251	819	5	established	establish	VERB
cjal-9251	819	6	by	by	ADP
cjal-9251	819	7	the	the	DET
cjal-9251	819	8	shanghai	shanghai	PROPN
cjal-9251	819	9	government	government	PROPN
cjal-9251	819	10	as	as	ADP
cjal-9251	819	11	a	a	DET
cjal-9251	819	12	not	not	PART
cjal-9251	819	13	-	-	PUNCT
cjal-9251	819	14	for	for	ADP
cjal-9251	819	15	-	-	PUNCT
cjal-9251	819	16	profit	profit	NOUN
cjal-9251	819	17	organization	organization	NOUN
cjal-9251	819	18	in	in	ADP
cjal-9251	819	19	2006	2006	NUM
cjal-9251	819	20	.	.	PUNCT
cjal-9251	820	1	212	212	NUM
cjal-9251	820	2	implementation	implementation	NOUN
cjal-9251	820	3	rules	rule	NOUN
cjal-9251	820	4	of	of	ADP
cjal-9251	820	5	the	the	DET
cjal-9251	820	6	shanghai	shanghai	PROPN
cjal-9251	820	7	angel	angel	NOUN
cjal-9251	820	8	investment	investment	PROPN
cjal-9251	820	9	guidance	guidance	NOUN
cjal-9251	820	10	fund	fund	NOUN
cjal-9251	820	11	,	,	PUNCT
cjal-9251	820	12	-supra	-supra	ADJ
cjal-9251	820	13	note	note	NOUN
cjal-9251	820	14	236	236	NUM
cjal-9251	820	15	,	,	PUNCT
cjal-9251	820	16	at	at	ADP
cjal-9251	820	17	art	art	NOUN
cjal-9251	820	18	.	.	PUNCT
cjal-9251	821	1	3	3	X
cjal-9251	821	2	.	.	X
cjal-9251	821	3	243	243	NUM
cjal-9251	821	4	article	article	NOUN
cjal-9251	821	5	3	3	NUM
cjal-9251	821	6	states	state	VERB
cjal-9251	821	7	that	that	SCONJ
cjal-9251	821	8	the	the	DET
cjal-9251	821	9	steering	steering	NOUN
cjal-9251	821	10	committee	committee	NOUN
cjal-9251	821	11	is	be	AUX
cjal-9251	821	12	the	the	DET
cjal-9251	821	13	highest	high	ADJ
cjal-9251	821	14	management	management	NOUN
cjal-9251	821	15	institution	institution	NOUN
cjal-9251	821	16	for	for	ADP
cjal-9251	821	17	the	the	DET
cjal-9251	821	18	shanghai	shanghai	PROPN
cjal-9251	821	19	aigf	aigf	NOUN
cjal-9251	821	20	and	and	CCONJ
cjal-9251	821	21	is	be	AUX
cjal-9251	821	22	responsible	responsible	ADJ
cjal-9251	821	23	for	for	ADP
cjal-9251	821	24	the	the	DET
cjal-9251	821	25	policymaking	policymaking	NOUN
cjal-9251	821	26	and	and	CCONJ
cjal-9251	821	27	supervision	supervision	NOUN
cjal-9251	821	28	of	of	ADP
cjal-9251	821	29	the	the	DET
cjal-9251	821	30	fund	fund	NOUN
cjal-9251	821	31	.	.	PUNCT
cjal-9251	822	1	i	i	PRON
cjal-9251	822	2	d.	d.	PROPN
cjal-9251	822	3	public	public	PROPN
cjal-9251	822	4	information	information	NOUN
cjal-9251	822	5	rev	rev	VERB
cjal-9251	822	6	eals	eal	NOUN
cjal-9251	822	7	that	that	SCONJ
cjal-9251	822	8	the	the	DET
cjal-9251	822	9	steering	steering	NOUN
cjal-9251	822	10	committee	committee	NOUN
cjal-9251	822	11	is	be	AUX
cjal-9251	822	12	led	lead	VERB
cjal-9251	822	13	by	by	ADP
cjal-9251	822	14	the	the	DET
cjal-9251	822	15	deputy	deputy	ADJ
cjal-9251	822	16	mayor	mayor	NOUN
cjal-9251	822	17	of	of	ADP
cjal-9251	822	18	the	the	DET
cjal-9251	822	19	shanghai	shanghai	PROPN
cjal-9251	822	20	and	and	CCONJ
cjal-9251	822	21	includes	include	VERB
cjal-9251	822	22	bureaucrats	bureaucrat	NOUN
cjal-9251	822	23	from	from	ADP
cjal-9251	822	24	12	12	NUM
cjal-9251	822	25	departments	department	NOUN
cjal-9251	822	26	of	of	ADP
cjal-9251	822	27	the	the	DET
cjal-9251	822	28	shanghai	shanghai	PROPN
cjal-9251	822	29	government	government	NOUN
cjal-9251	822	30	.	.	PUNCT
cjal-9251	823	1	see	see	VERB
cjal-9251	823	2	liang	liang	PROPN
cjal-9251	823	3	jialin	jialin	PROPN
cjal-9251	823	4	(	(	PUNCT
cjal-9251	823	5	~&$	~&$	NUM
cjal-9251	823	6	)	)	PUNCT
cjal-9251	823	7	,	,	PUNCT
cjal-9251	823	8	xunzhao	xunzhao	PROPN
cjal-9251	823	9	"	"	PUNCT
cjal-9251	823	10	xiao	xiao	PROPN
cjal-9251	823	11	ali	ali	PROPN
cjal-9251	823	12	"	"	PUNCT
cjal-9251	823	13	shanghai	shanghai	PROPN
cjal-9251	823	14	chengli	chengli	PROPN
cjal-9251	823	15	guonei	guonei	PROPN
cjal-9251	823	16	shouge	shouge	PROPN
cjal-9251	823	17	zhengfu	zhengfu	PROPN
cjal-9251	823	18	tianshi	tianshi	PROPN
cjal-9251	823	19	yindao	yindao	AUX
cjal-9251	823	20	jijin	jijin	NOUN
cjal-9251	823	21	(	(	PUNCT
cjal-9251	823	22	~tt",j	~tt",j	NOUN
cjal-9251	823	23	,	,	PUNCT
cjal-9251	823	24	lliij	lliij	NOUN
cjal-9251	823	25	~•	~•	PUNCT
cjal-9251	823	26	..	..	PUNCT
cjal-9251	824	1	tiflf/£.:i'l.~	tiflf/£.:i'l.~	NUM
cjal-9251	824	2	p3a1'~.lf.f~«!5i	p3a1'~.lf.f~«!5i	NOUN
cjal-9251	824	3	~~	~~	NUM
cjal-9251	824	4	:	:	PUNCT
cjal-9251	824	5	&	&	CCONJ
cjal-9251	824	6	)	)	PUNCT
cjal-9251	825	1	[	[	X
cjal-9251	825	2	looking	look	VERB
cjal-9251	825	3	for	for	ADP
cjal-9251	825	4	"	"	PUNCT
cjal-9251	825	5	small	small	ADJ
cjal-9251	825	6	ali	ali	PROPN
cjal-9251	825	7	"	"	PUNCT
cjal-9251	825	8	shanghai	shanghai	PROPN
cjal-9251	825	9	set	set	VERB
cjal-9251	825	10	up	up	ADP
cjal-9251	825	11	the	the	DET
cjal-9251	825	12	first	first	ADJ
cjal-9251	825	13	domestic	domestic	ADJ
cjal-9251	825	14	governm	governm	NOUN
cjal-9251	825	15	ent	ent	PROPN
cjal-9251	825	16	angel	angel	NOUN
cjal-9251	825	17	guide	guide	PROPN
cjal-9251	825	18	fund	fund	PROPN
cjal-9251	825	19	)	)	PUNCT
cjal-9251	825	20	,	,	PUNCT
cjal-9251	825	21	jingji	jingji	PROPN
cjal-9251	825	22	guancha	guancha	PROPN
cjal-9251	825	23	bao	bao	PROPN
cjal-9251	825	24	(	(	PUNCT
cjal-9251	825	25	~;l]r~~jijl	~;l]r~~jijl	PROPN
cjal-9251	825	26	)	)	PUNCT
cjal-9251	825	27	[	[	X
cjal-9251	825	28	economic	economic	ADJ
cjal-9251	825	29	observer	observer	NOUN
cjal-9251	825	30	)	)	PUNCT
cjal-9251	825	31	(	(	PUNCT
cjal-9251	825	32	dec	dec	PROPN
cjal-9251	825	33	24	24	NUM
cjal-9251	825	34	,	,	PUNCT
cjal-9251	825	35	2014	2014	NUM
cjal-9251	825	36	)	)	PUNCT
cjal-9251	825	37	,	,	PUNCT
cjal-9251	825	38	http://bit.ly/2sifqlz	http://bit.ly/2sifqlz	PROPN
cjal-9251	825	39	.	.	PUNCT
cjal-9251	825	40	rn	rn	PROPN
cjal-9251	825	41	liang	liang	PROPN
cjal-9251	825	42	,	,	PUNCT
cjal-9251	825	43	supra	supra	PROPN
cjal-9251	825	44	note	note	PROPN
cjal-9251	825	45	243	243	NUM
cjal-9251	825	46	.	.	PUNCT
cjal-9251	826	1	•~	•~	PROPN
cjal-9251	826	2	article	article	NOUN
cjal-9251	826	3	12	12	NUM
cjal-9251	826	4	of	of	ADP
cjal-9251	826	5	the	the	DET
cjal-9251	826	6	implementation	implementation	NOUN
cjal-9251	826	7	rules	rule	NOUN
cjal-9251	826	8	of	of	ADP
cjal-9251	826	9	the	the	DET
cjal-9251	826	10	shanghai	shanghai	PROPN
cjal-9251	826	11	angel	angel	NOUN
cjal-9251	826	12	investment	investment	PROPN
cjal-9251	826	13	guidance	guidance	NOUN
cjal-9251	826	14	fund	fund	NOUN
cjal-9251	826	15	,	,	PUNCT
cjal-9251	826	16	supra	supra	PROPN
cjal-9251	826	17	note	note	PROPN
cjal-9251	826	18	236	236	NUM
cjal-9251	826	19	,	,	PUNCT
cjal-9251	826	20	states	state	VERB
cjal-9251	826	21	that	that	SCONJ
cjal-9251	826	22	the	the	DET
cjal-9251	826	23	fund	fund	NOUN
cjal-9251	826	24	must	must	AUX
cjal-9251	826	25	set	set	VERB
cjal-9251	826	26	up	up	ADP
cjal-9251	826	27	an	an	DET
cjal-9251	826	28	independent	independent	ADJ
cjal-9251	826	29	investment	investment	NOUN
cjal-9251	826	30	review	review	NOUN
cjal-9251	826	31	committee	committee	NOUN
cjal-9251	826	32	to	to	PART
cjal-9251	826	33	review	review	VERB
cjal-9251	826	34	investment	investment	NOUN
cjal-9251	826	35	proposals	proposal	NOUN
cjal-9251	826	36	.	.	PUNCT
cjal-9251	827	1	the	the	DET
cjal-9251	827	2	committee	committee	NOUN
cjal-9251	827	3	will	will	AUX
cjal-9251	827	4	comprise	comprise	VERB
cjal-9251	827	5	experts	expert	NOUN
cjal-9251	827	6	and	and	CCONJ
cjal-9251	827	7	representatives	representative	NOUN
cjal-9251	827	8	from	from	ADP
cjal-9251	827	9	relevant	relevant	ADJ
cjal-9251	827	10	government	government	NOUN
cjal-9251	827	11	agencies	agency	NOUN
cjal-9251	827	12	.	.	PUNCT
cjal-9251	828	1	i	i	PRON
cjal-9251	828	2	d.	d.	PROPN
cjal-9251	828	3	2017	2017	NUM
cjal-9251	828	4	)	)	PUNCT
cjal-9251	828	5	engineering	engineer	VERB
cjal-9251	828	6	a	a	DET
cjal-9251	828	7	venture	venture	NOUN
cjal-9251	828	8	capital	capital	NOUN
cjal-9251	828	9	market	market	NOUN
cjal-9251	828	10	195	195	NUM
cjal-9251	828	11	personal	personal	ADJ
cjal-9251	828	12	'	'	PUNCT
cjal-9251	828	13	liability	liability	NOUN
cjal-9251	828	14	,	,	PUNCT
cjal-9251	828	15	246	246	NUM
cjal-9251	828	16	officials	official	NOUN
cjal-9251	828	17	in	in	ADP
cjal-9251	828	18	this	this	DET
cjal-9251	828	19	committee	committee	NOUN
cjal-9251	828	20	are	be	AUX
cjal-9251	828	21	not	not	PART
cjal-9251	828	22	penalized	penalize	VERB
cjal-9251	828	23	for	for	ADP
cjal-9251	828	24	decisions	decision	NOUN
cjal-9251	828	25	made	make	VERB
cjal-9251	828	26	by	by	ADP
cjal-9251	828	27	the	the	DET
cjal-9251	828	28	committee	committee	NOUN
cjal-9251	828	29	.	.	PUNCT
cjal-9251	829	1	consequently	consequently	ADV
cjal-9251	829	2	,	,	PUNCT
cjal-9251	829	3	ensuring	ensure	VERB
cjal-9251	829	4	that	that	SCONJ
cjal-9251	829	5	these	these	DET
cjal-9251	829	6	officials	official	NOUN
cjal-9251	829	7	do	do	AUX
cjal-9251	829	8	not	not	PART
cjal-9251	829	9	misuse	misuse	VERB
cjal-9251	829	10	resources	resource	NOUN
cjal-9251	829	11	of	of	ADP
cjal-9251	829	12	the	the	DET
cjal-9251	829	13	fund	fund	NOUN
cjal-9251	829	14	to	to	PART
cjal-9251	829	15	obtain	obtain	VERB
cjal-9251	829	16	personal	personal	ADJ
cjal-9251	829	17	benefits	benefit	NOUN
cjal-9251	829	18	remains	remain	VERB
cjal-9251	829	19	a	a	DET
cjal-9251	829	20	difficult	difficult	ADJ
cjal-9251	829	21	task	task	NOUN
cjal-9251	829	22	.	.	PUNCT
cjal-9251	830	1	third	third	ADJ
cjal-9251	830	2	,	,	PUNCT
cjal-9251	830	3	local	local	ADJ
cjal-9251	830	4	governments	government	NOUN
cjal-9251	830	5	or	or	CCONJ
cjal-9251	830	6	ggfs	ggfs	NOUN
cjal-9251	830	7	often	often	ADV
cjal-9251	830	8	guarantee	guarantee	VERB
cjal-9251	830	9	inve	inve	NOUN
cjal-9251	830	10	stment	stment	PROPN
cjal-9251	830	11	losses	loss	NOUN
cjal-9251	830	12	suffered	suffer	VERB
cjal-9251	830	13	by	by	ADP
cjal-9251	830	14	vc	vc	PROPN
cjal-9251	830	15	firms	firm	NOUN
cjal-9251	830	16	,	,	PUNCT
cjal-9251	830	17	resulting	result	VERB
cjal-9251	830	18	in	in	ADP
cjal-9251	830	19	flawed	flawed	ADJ
cjal-9251	830	20	incentives	incentive	NOUN
cjal-9251	830	21	for	for	ADP
cjal-9251	830	22	the	the	DET
cjal-9251	830	23	vc	vc	PROPN
cjal-9251	830	24	firm	firm	NOUN
cjal-9251	830	25	and	and	CCONJ
cjal-9251	830	26	the	the	DET
cjal-9251	830	27	entrepreneurs	entrepreneur	NOUN
cjal-9251	830	28	.	.	PUNCT
cjal-9251	831	1	examples	example	NOUN
cjal-9251	831	2	include	include	VERB
cjal-9251	831	3	the	the	DET
cjal-9251	831	4	ggfs	ggfs	NOUN
cjal-9251	831	5	of	of	ADP
cjal-9251	831	6	beijing	beijing	PROPN
cjal-9251	831	7	,	,	PUNCT
cjal-9251	831	8	247	247	NUM
cjal-9251	831	9	jiangsu	jiangsu	NOUN
cjal-9251	831	10	,	,	PUNCT
cjal-9251	831	11	248	248	NUM
cjal-9251	831	12	guangzhou	guangzhou	PROPN
cjal-9251	831	13	,	,	PUNCT
cjal-9251	831	14	249	249	NUM
cjal-9251	831	15	and	and	CCONJ
cjal-9251	831	16	shanghai	shanghai	PROPN
cjal-9251	831	17	.	.	PUNCT
cjal-9251	832	1	250	250	NUM
cjal-9251	832	2	for	for	ADP
cjal-9251	832	3	example	example	NOUN
cjal-9251	832	4	,	,	PUNCT
cjal-9251	832	5	the	the	DET
cjal-9251	832	6	shanghai	shanghai	PROPN
cjal-9251	832	7	government	government	NOUN
cjal-9251	832	8	guarantees	guarantee	VERB
cjal-9251	832	9	and	and	CCONJ
cjal-9251	832	10	compensates	compensate	VERB
cjal-9251	832	11	vc	vc	PROPN
cjal-9251	832	12	firms	firm	NOUN
cjal-9251	832	13	for	for	ADP
cjal-9251	832	14	up	up	ADP
cjal-9251	832	15	to	to	PART
cjal-9251	832	16	60	60	NUM
cjal-9251	832	17	%	%	NOUN
cjal-9251	832	18	of	of	ADP
cjal-9251	832	19	their	their	PRON
cjal-9251	832	20	actual	actual	ADJ
cjal-9251	832	21	losses	loss	NOUN
cjal-9251	832	22	caused	cause	VERB
cjal-9251	832	23	by	by	ADP
cjal-9251	832	24	investments	investment	NOUN
cjal-9251	832	25	in	in	ADP
cjal-9251	832	26	scientific	scientific	ADJ
cjal-9251	832	27	and	and	CCONJ
cjal-9251	832	28	technological	technological	ADJ
cjal-9251	832	29	enterprises	enterprise	NOUN
cjal-9251	832	30	at	at	ADP
cjal-9251	832	31	the	the	DET
cjal-9251	832	32	seed	seed	NOUN
cjal-9251	832	33	stage	stage	NOUN
cjal-9251	832	34	or	or	CCONJ
cjal-9251	832	35	up	up	ADP
cjal-9251	832	36	to	to	PART
cjal-9251	832	37	30	30	NUM
cjal-9251	832	38	%	%	NOUN
cjal-9251	832	39	at	at	ADP
cjal-9251	832	40	the	the	DET
cjal-9251	832	41	start	start	VERB
cjal-9251	832	42	-	-	PUNCT
cjal-9251	832	43	up	up	NOUN
cjal-9251	832	44	stage,251	stage,251	NOUN
cjal-9251	832	45	as	as	ADV
cjal-9251	832	46	well	well	ADV
cjal-9251	832	47	as	as	ADP
cjal-9251	832	48	rmb	rmb	PROPN
cjal-9251	832	49	3	3	NUM
cjal-9251	832	50	million	million	NUM
cjal-9251	832	51	of	of	ADP
cjal-9251	832	52	their	their	PRON
cjal-9251	832	53	actual	actual	ADJ
cjal-9251	832	54	losses	loss	NOUN
cjal-9251	832	55	for	for	ADP
cjal-9251	832	56	each	each	DET
cjal-9251	832	57	investment	investment	NOUN
cjal-9251	832	58	project	project	NOUN
cjal-9251	832	59	and	and	CCONJ
cjal-9251	832	60	rmb	rmb	VERB
cjal-9251	832	61	6	6	NUM
cjal-9251	832	62	million	million	NUM
cjal-9251	832	63	for	for	ADP
cjal-9251	832	64	annual	annual	ADJ
cjal-9251	832	65	investments	investment	NOUN
cjal-9251	832	66	by	by	ADP
cjal-9251	832	67	each	each	DET
cjal-9251	832	68	investment	investment	NOUN
cjal-9251	832	69	firm	firm	NOUN
cjal-9251	832	70	.	.	PUNCT
cjal-9251	833	1	'252	'252	PROPN
cjal-9251	833	2	2•	2•	NUM
cjal-9251	834	1	°	°	PROPN
cjal-9251	834	2	kenneth	kenneth	PROPN
cjal-9251	834	3	jacobson	jacobson	PROPN
cjal-9251	834	4	,	,	PUNCT
cjal-9251	834	5	fiduciary	fiduciary	ADJ
cjal-9251	834	6	duty	duty	NOUN
cjal-9251	834	7	considerations	consideration	NOUN
cjal-9251	834	8	in	in	ADP
cjal-9251	834	9	choosing	choose	VERB
cjal-9251	834	10	between	between	ADP
cjal-9251	834	11	limited	limit	VERB
cjal-9251	834	12	partnerships	partnership	NOUN
cjal-9251	834	13	and	and	CCONJ
cjal-9251	834	14	limited	limited	ADJ
cjal-9251	834	15	liability	liability	NOUN
cjal-9251	834	16	companies	company	NOUN
cjal-9251	834	17	,	,	PUNCT
cjal-9251	834	18	36	36	NUM
cjal-9251	834	19	real	real	ADJ
cjal-9251	834	20	prop	prop	NOUN
cjal-9251	834	21	.	.	PUNCT
cjal-9251	835	1	prob	prob	PROPN
cjal-9251	835	2	.	.	PUNCT
cjal-9251	836	1	trust	trust	PROPN
cjal-9251	836	2	j.	j.	PROPN
cjal-9251	836	3	1	1	NUM
cjal-9251	836	4	,	,	PUNCT
cjal-9251	836	5	6	6	NUM
cjal-9251	836	6	(	(	PUNCT
cjal-9251	836	7	2001	2001	NUM
cjal-9251	836	8	)	)	PUNCT
cjal-9251	836	9	;	;	PUNCT
cjal-9251	836	10	larry	larry	PROPN
cjal-9251	836	11	e	e	PROPN
cjal-9251	836	12	ribstein	ribstein	PROPN
cjal-9251	836	13	,	,	PUNCT
cjal-9251	836	14	fiduciary	fiduciary	ADJ
cjal-9251	836	15	duties	duty	NOUN
cjal-9251	836	16	and	and	CCONJ
cjal-9251	836	17	limited	limited	ADJ
cjal-9251	836	18	partnership	partnership	NOUN
cjal-9251	836	19	agreements	agreement	NOUN
cjal-9251	836	20	,	,	PUNCT
cjal-9251	836	21	37	37	NUM
cjal-9251	836	22	suffolk	suffolk	PROPN
cjal-9251	836	23	u.	u.	PROPN
cjal-9251	836	24	l.	l.	PROPN
cjal-9251	836	25	rev	rev	PROPN
cjal-9251	836	26	.	.	PROPN
cjal-9251	837	1	927	927	NUM
cjal-9251	837	2	,	,	PUNCT
cjal-9251	837	3	939	939	NUM
cjal-9251	837	4	(	(	PUNCT
cjal-9251	837	5	2004	2004	NUM
cjal-9251	837	6	)	)	PUNCT
cjal-9251	837	7	.	.	PUNCT
cjal-9251	838	1	217	217	NUM
cjal-9251	838	2	special	special	ADJ
cjal-9251	838	3	subsidies	subsidy	NOUN
cjal-9251	838	4	exist	exist	VERB
cjal-9251	838	5	for	for	ADP
cjal-9251	838	6	vc	vc	PROPN
cjal-9251	838	7	investments	investment	NOUN
cjal-9251	838	8	in	in	ADP
cjal-9251	838	9	zhongguancun	zhongguancun	NOUN
cjal-9251	838	10	,	,	PUNCT
cjal-9251	838	11	an	an	DET
cjal-9251	838	12	area	area	NOUN
cjal-9251	838	13	in	in	ADP
cjal-9251	838	14	beijing	beijing	PROPN
cjal-9251	838	15	with	with	ADP
cjal-9251	838	16	a	a	DET
cjal-9251	838	17	high	high	ADJ
cjal-9251	838	18	concentration	concentration	NOUN
cjal-9251	838	19	of	of	ADP
cjal-9251	838	20	technology	technology	NOUN
cjal-9251	838	21	firms	firm	NOUN
cjal-9251	838	22	.	.	PUNCT
cjal-9251	839	1	zhongguancun	zhongguancun	PROPN
cjal-9251	839	2	guojia	guojia	PROPN
cjal-9251	839	3	zizhu	zizhu	PROPN
cjal-9251	839	4	chuangxin	chuangxin	PROPN
cjal-9251	839	5	shifanqu	shifanqu	PROPN
cjal-9251	839	6	youxiu	youxiu	PROPN
cjal-9251	839	7	rencai	rencai	VERB
cjal-9251	839	8	zhicbi	zhicbi	PROPN
cjal-9251	839	9	zijin	zijin	PROPN
cjal-9251	839	10	guanli	guanli	PROPN
cjal-9251	839	11	banfa	banfa	PROPN
cjal-9251	839	12	(	(	PUNCT
cjal-9251	839	13	9'::x;ttoo~	9'::x;ttoo~	NUM
cjal-9251	839	14	el	el	NOUN
cjal-9251	839	15	;	;	PUNCT
cjal-9251	840	1	t¤1jffi	t¤1jffi	ADP
cjal-9251	840	2	~	~	SYM
cjal-9251	840	3	ffi[gtjt~	ffi[gtjt~	X
cjal-9251	840	4	.a.;tx	.a.;tx	PROPN
cjal-9251	840	5	m	m	PROPN
cjal-9251	840	6	°	°	PROPN
cjal-9251	840	7	'!i'i	'!i'i	PROPN
cjal-9251	840	8	~	~	SYM
cjal-9251	840	9	ffllltt.1	ffllltt.1	PROPN
cjal-9251	840	10	-	-	PUNCT
cjal-9251	840	11	1	1	NUM
cjal-9251	840	12	'	'	NUM
cjal-9251	840	13	!	!	PUNCT
cjal-9251	840	14	)	)	PUNCT
cjal-9251	841	1	[	[	X
cjal-9251	841	2	measures	measure	NOUN
cjal-9251	841	3	on	on	ADP
cjal-9251	841	4	the	the	DET
cjal-9251	841	5	zhongguancun	zhongguancun	PROPN
cjal-9251	841	6	talent	talent	NOUN
cjal-9251	841	7	attraction	attraction	NOUN
cjal-9251	841	8	investment	investment	NOUN
cjal-9251	841	9	fund	fund	NOUN
cjal-9251	841	10	]	]	PUNCT
cjal-9251	841	11	,	,	PUNCT
cjal-9251	841	12	zhongkeyuan	zhongkeyuan	PROPN
cjal-9251	841	13	fa	fa	PROPN
cjal-9251	842	1	[	[	X
cjal-9251	842	2	2013	2013	NUM
cjal-9251	842	3	]	]	X
cjal-9251	843	1	no	no	INTJ
cjal-9251	843	2	.	.	NOUN
cjal-9251	843	3	40	40	NUM
cjal-9251	843	4	(	(	PUNCT
cjal-9251	843	5	promulgated	promulgate	VERB
cjal-9251	843	6	by	by	ADP
cjal-9251	843	7	the	the	DET
cjal-9251	843	8	zhongguancu	zhongguancu	PROPN
cjal-9251	843	9	n	n	PRON
cjal-9251	843	10	science	science	NOUN
cjal-9251	843	11	and	and	CCONJ
cjal-9251	843	12	technology	technology	NOUN
cjal-9251	843	13	park	park	NOUN
cjal-9251	843	14	management	management	PROPN
cjal-9251	843	15	committee	committee	NOUN
cjal-9251	843	16	,	,	PUNCT
cjal-9251	843	17	nov	nov	PROPN
cjal-9251	843	18	.	.	PROPN
cjal-9251	843	19	18	18	NUM
cjal-9251	843	20	,	,	PUNCT
cjal-9251	843	21	2013	2013	NUM
cjal-9251	843	22	,	,	PUNCT
cjal-9251	843	23	effective	effective	ADJ
cjal-9251	843	24	nov	nov	PROPN
cjal-9251	843	25	.	.	PROPN
cjal-9251	843	26	18	18	NUM
cjal-9251	843	27	,	,	PUNCT
cjal-9251	843	28	2013	2013	NUM
cjal-9251	843	29	)	)	PUNCT
cjal-9251	843	30	,	,	PUNCT
cjal-9251	843	31	http://bit.ly/2s3k4ek	http://bit.ly/2s3k4ek	PROPN
cjal-9251	843	32	.	.	NOUN
cjal-9251	843	33	2	2	NUM
cjal-9251	843	34	'	'	NUM
cjal-9251	843	35	8	8	NUM
cjal-9251	843	36	the	the	DET
cjal-9251	843	37	measures	measure	NOUN
cjal-9251	843	38	on	on	ADP
cjal-9251	843	39	the	the	DET
cjal-9251	843	40	jiangsu	jiangsu	NOUN
cjal-9251	843	41	emerging	emerge	VERB
cjal-9251	843	42	industrial	industrial	ADJ
cjal-9251	843	43	venture	venture	NOUN
cjal-9251	843	44	capital	capital	NOUN
cjal-9251	843	45	investments	investment	NOUN
cjal-9251	843	46	guidance	guidance	NOUN
cjal-9251	843	47	fund	fund	NOUN
cjal-9251	843	48	,	,	PUNCT
cjal-9251	843	49	jiangsu	jiangsu	PROPN
cjal-9251	843	50	development	development	PROPN
cjal-9251	843	51	and	and	CCONJ
cjal-9251	843	52	reform	reform	PROPN
cjal-9251	843	53	commission	commission	NOUN
cjal-9251	843	54	states	state	VERB
cjal-9251	843	55	that	that	SCONJ
cjal-9251	843	56	angel	angel	NOUN
cjal-9251	843	57	investment	investment	NOUN
cjal-9251	843	58	firms	firm	NOUN
cjal-9251	843	59	would	would	AUX
cjal-9251	843	60	be	be	AUX
cjal-9251	843	61	compensated	compensate	VERB
cjal-9251	843	62	for	for	ADP
cjal-9251	843	63	up	up	ADP
cjal-9251	843	64	to	to	PART
cjal-9251	843	65	50	50	NUM
cjal-9251	843	66	%	%	NOUN
cjal-9251	843	67	of	of	ADP
cjal-9251	843	68	the	the	DET
cjal-9251	843	69	losses	loss	NOUN
cjal-9251	843	70	they	they	PRON
cjal-9251	843	71	incur	incur	VERB
cjal-9251	843	72	from	from	ADP
cjal-9251	843	73	investments	investment	NOUN
cjal-9251	843	74	into	into	ADP
cjal-9251	843	75	seed	seed	NOUN
cjal-9251	843	76	or	or	CCONJ
cjal-9251	843	77	early	early	ADJ
cjal-9251	843	78	-	-	PUNCT
cjal-9251	843	79	stage	stage	NOUN
cjal-9251	843	80	technology	technology	NOUN
cjal-9251	843	81	-	-	PUNCT
cjal-9251	843	82	based	base	VERB
cjal-9251	843	83	enterprises	enterprise	NOUN
cjal-9251	843	84	,	,	PUNCT
cjal-9251	843	85	provided	provide	VERB
cjal-9251	843	86	that	that	SCONJ
cjal-9251	843	87	these	these	DET
cjal-9251	843	88	losses	loss	NOUN
cjal-9251	843	89	were	be	AUX
cjal-9251	843	90	incurred	incur	VERB
cjal-9251	843	91	within	within	ADP
cjal-9251	843	92	three	three	NUM
cjal-9251	843	93	years	year	NOUN
cjal-9251	843	94	from	from	ADP
cjal-9251	843	95	t	t	PROPN
cjal-9251	843	96	he	he	PRON
cjal-9251	843	97	time	time	VERB
cjal-9251	843	98	the	the	DET
cjal-9251	843	99	relevant	relevant	ADJ
cjal-9251	843	100	investments	investment	NOUN
cjal-9251	843	101	were	be	AUX
cjal-9251	843	102	made	make	VERB
cjal-9251	843	103	,	,	PUNCT
cjal-9251	843	104	up	up	ADP
cjal-9251	843	105	to	to	ADP
cjal-9251	843	106	a	a	DET
cjal-9251	843	107	limit	limit	NOUN
cjal-9251	843	108	of	of	ADP
cjal-9251	843	109	rmb	rmb	PROPN
cjal-9251	843	110	3	3	NUM
cjal-9251	843	111	million	million	NUM
cjal-9251	843	112	.	.	PUNCT
cjal-9251	844	1	jiangsusheng	jiangsusheng	PROPN
cjal-9251	844	2	xinxing	xinxing	PROPN
cjal-9251	844	3	chanye	chanye	PROPN
cjal-9251	844	4	chuangye	chuangye	NOUN
cjal-9251	845	1	touzi	touzi	PROPN
cjal-9251	845	2	yindao	yindao	VERB
cjal-9251	845	3	jijin	jijin	PROPN
cjal-9251	845	4	guanli	guanli	PROPN
cjal-9251	845	5	banfa	banfa	PROPN
cjal-9251	845	6	(	(	PUNCT
cjal-9251	845	7	ii;)j;!affi	ii;)j;!affi	PROPN
cjal-9251	845	8	~	~	PROPN
cjal-9251	845	9	f~¤ij	f~¤ij	NUM
cjal-9251	845	10	:	:	PUNCT
cjal-9251	845	11	ilhl!:l)'i51	ilhl!:l)'i51	NOUN
cjal-9251	845	12	~i!it~'];rlllthrc	~i!it~'];rlllthrc	NOUN
cjal-9251	845	13	!	!	PUNCT
cjal-9251	845	14	)	)	PUNCT
cjal-9251	846	1	[	[	X
cjal-9251	846	2	measures	measure	NOUN
cjal-9251	846	3	on	on	ADP
cjal-9251	846	4	the	the	DET
cjal-9251	846	5	jiangsu	jiangsu	NOUN
cjal-9251	846	6	emerging	emerge	VERB
cjal-9251	846	7	industrial	industrial	ADJ
cjal-9251	846	8	venture	venture	NOUN
cjal-9251	846	9	capital	capital	NOUN
cjal-9251	846	10	investments	investment	NOUN
cjal-9251	846	11	guidance	guidance	NOUN
cjal-9251	846	12	fund	fund	NOUN
cjal-9251	846	13	]	]	PUNCT
cjal-9251	846	14	(	(	PUNCT
cjal-9251	846	15	promu	promu	NOUN
cjal-9251	846	16	lgated	lgate	VERB
cjal-9251	846	17	by	by	ADP
cjal-9251	846	18	the	the	DET
cjal-9251	846	19	jiangsu	jiangsu	PROPN
cjal-9251	846	20	development	development	PROPN
cjal-9251	846	21	and	and	CCONJ
cjal-9251	846	22	reform	reform	PROPN
cjal-9251	846	23	commission	commission	PROPN
cjal-9251	846	24	,	,	PUNCT
cjal-9251	846	25	may	may	AUX
cjal-9251	846	26	20	20	NUM
cjal-9251	846	27	,	,	PUNCT
cjal-9251	846	28	2013	2013	NUM
cjal-9251	846	29	,	,	PUNCT
cjal-9251	846	30	effective	effective	ADJ
cjal-9251	846	31	may	may	PROPN
cjal-9251	846	32	20	20	NUM
cjal-9251	846	33	,	,	PUNCT
cjal-9251	846	34	2013	2013	NUM
cjal-9251	846	35	)	)	PUNCT
cjal-9251	846	36	,	,	PUNCT
cjal-9251	846	37	http://bit.ly	http://bit.ly	PROPN
cjal-9251	846	38	/2tzzn2d	/2tzzn2d	NOUN
cjal-9251	846	39	.	.	PUNCT
cjal-9251	847	1	2<9	2<9	NOUN
cjal-9251	847	2	the	the	DET
cjal-9251	847	3	trial	trial	NOUN
cjal-9251	847	4	measures	measure	NOUN
cjal-9251	847	5	for	for	ADP
cjal-9251	847	6	the	the	DET
cjal-9251	847	7	technology	technology	NOUN
cjal-9251	847	8	enterprises	enterprise	NOUN
cjal-9251	847	9	incubator	incubator	NOUN
cjal-9251	847	10	venture	venture	NOUN
cjal-9251	847	11	capital	capital	NOUN
cjal-9251	847	12	and	and	CCONJ
cjal-9251	847	13	credit	credit	NOUN
cjal-9251	847	14	risk	risk	NOUN
cjal-9251	847	15	compensation	compensation	NOUN
cjal-9251	847	16	fund	fund	NOUN
cjal-9251	847	17	of	of	ADP
cjal-9251	847	18	guangdong	guangdong	PROPN
cjal-9251	847	19	province	province	PROPN
cjal-9251	847	20	states	state	VERB
cjal-9251	847	21	that	that	PRON
cjal-9251	847	22	vc	vc	PROPN
cjal-9251	847	23	firms	firm	NOUN
cjal-9251	847	24	will	will	AUX
cjal-9251	847	25	be	be	AUX
cjal-9251	847	26	compensated	compensate	VERB
cjal-9251	847	27	for	for	ADP
cjal-9251	847	28	up	up	ADP
cjal-9251	847	29	to	to	PART
cjal-9251	847	30	50	50	NUM
cjal-9251	847	31	%	%	NOUN
cjal-9251	847	32	of	of	ADP
cjal-9251	847	33	the	the	DET
cjal-9251	847	34	losses	loss	NOUN
cjal-9251	847	35	they	they	PRON
cjal-9251	847	36	incur	incur	VERB
cjal-9251	847	37	from	from	ADP
cjal-9251	847	38	investments	investment	NOUN
cjal-9251	847	39	made	make	VERB
cjal-9251	847	40	into	into	ADP
cjal-9251	847	41	earlystage	earlystage	NOUN
cjal-9251	847	42	enterprises	enterprise	NOUN
cjal-9251	847	43	in	in	ADP
cjal-9251	847	44	the	the	DET
cjal-9251	847	45	guangdong	guangdong	PROPN
cjal-9251	847	46	province	province	PROPN
cjal-9251	847	47	technology	technology	PROPN
cjal-9251	847	48	enterprises	enterprise	NOUN
cjal-9251	847	49	incubator	incubator	NOUN
cjal-9251	847	50	,	,	PUNCT
cjal-9251	847	51	up	up	ADP
cjal-9251	847	52	to	to	ADP
cjal-9251	847	53	a	a	DET
cjal-9251	847	54	limit	limit	NOUN
cjal-9251	847	55	of	of	ADP
cjal-9251	847	56	rmb	rmb	PROPN
cjal-9251	847	57	2	2	NUM
cjal-9251	847	58	million	million	NUM
cjal-9251	847	59	.	.	PUNCT
cjal-9251	848	1	guangdongsheng	guangdongsheng	PROPN
cjal-9251	848	2	kexue	kexue	PROPN
cjal-9251	848	3	jishu	jishu	PROPN
cjal-9251	848	4	ting	ting	PROPN
cjal-9251	848	5	guangdongsheng	guangdongsheng	PROPN
cjal-9251	848	6	caizheng	caizheng	PROPN
cjal-9251	848	7	ting	ting	PROPN
cjal-9251	848	8	guanyu	guanyu	PROPN
cjal-9251	849	1	keji	keji	PROPN
cjal-9251	849	2	qiye	qiye	PROPN
cjal-9251	849	3	fuhuaqi	fuhuaqi	PROPN
cjal-9251	849	4	chuangye	chuangye	NOUN
cjal-9251	850	1	touzi	touzi	INTJ
cjal-9251	850	2	ji	ji	PROPN
cjal-9251	851	1	xindai	xindai	PROPN
cjal-9251	851	2	fengxian	fengxian	PROPN
cjal-9251	851	3	buchang	buchang	PROPN
cjal-9251	851	4	zijin	zijin	PROPN
cjal-9251	851	5	shiring	shiring	NOUN
cjal-9251	851	6	xize	xize	NOUN
cjal-9251	851	7	(	(	PUNCT
cjal-9251	851	8	1*~.m	1*~.m	NUM
cjal-9251	851	9	~	~	SYM
cjal-9251	851	10	tt*ff'*~mil$(ff~-f-.mtt	tt*ff'*~mil$(ff~-f-.mtt	NOUN
cjal-9251	851	11	:	:	PUNCT
cjal-9251	851	12	i't	i't	ADJ
cjal-9251	851	13	~	~	SYM
cjal-9251	851	14	ff	ff	NUM
cjal-9251	851	15	-	-	PUNCT
cjal-9251	851	16	l	l	NOUN
cjal-9251	851	17	-	-	NOUN
cjal-9251	851	18	ti!h	ti!h	NOUN
cjal-9251	851	19	1j	1j	NUM
cjal-9251	851	20	~	~	SYM
cjal-9251	851	21	t	t	NOUN
cjal-9251	851	22	:	:	PUNCT
cjal-9251	851	23	l!:l1i&1a'bt./xl.~lh	l!:l1i&1a'bt./xl.~lh	PROPN
cjal-9251	851	24	~	~	SYM
cjal-9251	851	25	l1i	l1i	NOUN
cjal-9251	851	26	~~{f	~~{f	NUM
cjal-9251	851	27	~	~	SYM
cjal-9251	851	28	j/!o	j/!o	NOUN
cjal-9251	851	29	(	(	PUNCT
cjal-9251	851	30	trial	trial	NOUN
cjal-9251	851	31	measures	measure	NOUN
cjal-9251	851	32	for	for	ADP
cjal-9251	851	33	the	the	DET
cjal-9251	851	34	technology	technology	NOUN
cjal-9251	851	35	enterprises	enterprise	NOUN
cjal-9251	851	36	incubator	incubator	NOUN
cjal-9251	851	37	venture	venture	NOUN
cjal-9251	851	38	capital	capital	NOUN
cjal-9251	851	39	and	and	CCONJ
cjal-9251	851	40	credit	credit	NOUN
cjal-9251	851	41	risk	risk	NOUN
cjal-9251	851	42	compensation	compensation	NOUN
cjal-9251	851	43	fund	fund	NOUN
cjal-9251	851	44	of	of	ADP
cjal-9251	851	45	guangdong	guangdong	PROPN
cjal-9251	851	46	province	province	PROPN
cjal-9251	851	47	]	]	PUNCT
cjal-9251	851	48	(	(	PUNCT
cjal-9251	851	49	jointly	jointly	ADV
cjal-9251	851	50	promulgated	promulgate	VERB
cjal-9251	851	51	by	by	ADP
cjal-9251	851	52	the	the	DET
cjal-9251	851	53	guangdong	guangdong	PROPN
cjal-9251	851	54	provincial	provincial	ADJ
cjal-9251	851	55	office	office	NOUN
cjal-9251	851	56	of	of	ADP
cjal-9251	851	57	science	science	NOUN
cjal-9251	851	58	and	and	CCONJ
cjal-9251	851	59	technology	technology	NOUN
cjal-9251	851	60	and	and	CCONJ
cjal-9251	851	61	the	the	DET
cjal-9251	851	62	guangdong	guangdong	PROPN
cjal-9251	851	63	provincial	provincial	PROPN
cjal-9251	851	64	department	department	PROPN
cjal-9251	851	65	of	of	ADP
cjal-9251	851	66	finance	finance	PROPN
cjal-9251	851	67	,	,	PUNCT
cjal-9251	851	68	feb	feb	PROPN
cjal-9251	851	69	.	.	PROPN
cjal-9251	851	70	15	15	NUM
cjal-9251	851	71	,	,	PUNCT
cjal-9251	851	72	2015	2015	NUM
cjal-9251	851	73	,	,	PUNCT
cjal-9251	851	74	effective	effective	ADJ
cjal-9251	851	75	apr	apr	NOUN
cjal-9251	851	76	.	.	PROPN
cjal-9251	851	77	1	1	NUM
cjal-9251	851	78	,	,	PUNCT
cjal-9251	851	79	2015	2015	NUM
cjal-9251	851	80	)	)	PUNCT
cjal-9251	851	81	,	,	PUNCT
cjal-9251	851	82	http://bit.ly/2ssyml1	http://bit.ly/2ssyml1	NOUN
cjal-9251	851	83	.	.	PUNCT
cjal-9251	852	1	2	2	NUM
cjal-9251	852	2	m	m	NOUN
cjal-9251	852	3	shanghaisbi	shanghaisbi	NOUN
cjal-9251	852	4	tiansbi	tiansbi	NOUN
cjal-9251	852	5	touzi	touzi	PROPN
cjal-9251	852	6	fengxian	fengxian	PROPN
cjal-9251	853	1	buchang	buchang	PROPN
cjal-9251	853	2	guanli	guanli	PROPN
cjal-9251	853	3	zhaxing	zhaxe	VERB
cjal-9251	853	4	banfa	banfa	NOUN
cjal-9251	853	5	(	(	PUNCT
cjal-9251	853	6	.tiltrli*~	.tiltrli*~	INTJ
cjal-9251	853	7	t	t	X
cjal-9251	853	8	:	:	PUNCT
cjal-9251	853	9	l	l	NOUN
cjal-9251	853	10	!	!	PUNCT
cjal-9251	853	11	:	:	PUNCT
cjal-9251	854	1	jj'i	jj'i	PROPN
cjal-9251	854	2	jxl	jxl	PROPN
cjal-9251	854	3	.	.	PUNCT
cjal-9251	855	1	l~	l~	PRON
cjal-9251	855	2	ff	ff	PROPN
cjal-9251	855	3	l1lt	l1lt	PUNCT
cjal-9251	855	4	rr	rr	PROPN
cjal-9251	855	5	if.i	if.i	PROPN
cjal-9251	855	6	.	.	PUNCT
cjal-9251	856	1	tt	tt	NOUN
cjal-9251	856	2	)	)	PUNCT
cjal-9251	857	1	[	[	X
cjal-9251	857	2	shanghai	shanghai	PROPN
cjal-9251	857	3	angel	angel	NOUN
cjal-9251	857	4	investment	investment	PROPN
cjal-9251	857	5	risk	risk	NOUN
cjal-9251	857	6	compensation	compensation	NOUN
cjal-9251	857	7	interim	interim	ADJ
cjal-9251	857	8	measures	measure	NOUN
cjal-9251	857	9	]	]	PUNCT
cjal-9251	857	10	,	,	PUNCT
cjal-9251	857	11	(	(	PUNCT
cjal-9251	857	12	promulgated	promulgate	VERB
cjal-9251	857	13	by	by	ADP
cjal-9251	857	14	shanghai	shanghai	PROPN
cjal-9251	857	15	sci	sci	PROPN
cjal-9251	857	16	.	.	PROPN
cjal-9251	857	17	&	&	CCONJ
cjal-9251	857	18	tech	tech	PROPN
cjal-9251	857	19	.	.	PUNCT
cjal-9251	858	1	comm	comm	NOUN
cjal-9251	858	2	.	.	PUNCT
cjal-9251	858	3	,	,	PUNCT
cjal-9251	859	1	shanghai	shanghai	PROPN
cjal-9251	859	2	fin	fin	PROPN
cjal-9251	859	3	.	.	PUNCT
cjal-9251	859	4	bureau	bureau	PROPN
cjal-9251	859	5	,	,	PUNCT
cjal-9251	859	6	and	and	CCONJ
cjal-9251	859	7	shanghai	shanghai	PROPN
cjal-9251	859	8	dev	dev	PROPN
cjal-9251	859	9	.	.	PROPN
cjal-9251	859	10	&	&	CCONJ
cjal-9251	859	11	reform	reform	PROPN
cjal-9251	859	12	comm'n	comm'n	PROPN
cjal-9251	859	13	,	,	PUNCT
cjal-9251	859	14	dec	dec	PROPN
cjal-9251	859	15	.	.	PROPN
cjal-9251	859	16	29	29	NUM
cjal-9251	859	17	,	,	PUNCT
cjal-9251	859	18	2015	2015	NUM
cjal-9251	859	19	,	,	PUNCT
cjal-9251	859	20	effective	effective	ADJ
cjal-9251	859	21	feb	feb	PROPN
cjal-9251	859	22	.	.	PROPN
cjal-9251	859	23	1	1	NUM
cjal-9251	859	24	,	,	PUNCT
cjal-9251	859	25	2016	2016	NUM
cjal-9251	859	26	)	)	PUNCT
cjal-9251	859	27	,	,	PUNCT
cjal-9251	859	28	http://bit.ly/2ujss5k	http://bit.ly/2ujss5k	PROPN
cjal-9251	859	29	.	.	PUNCT
cjal-9251	860	1	201	201	NUM
cjal-9251	861	1	i	i	PROPN
cjal-9251	861	2	d.	d.	PROPN
cjal-9251	861	3	,	,	PUNCT
cjal-9251	861	4	art	art	NOUN
cjal-9251	861	5	.	.	PUNCT
cjal-9251	862	1	9	9	X
cjal-9251	862	2	.	.	X
cjal-9251	862	3	m	m	VERB
cjal-9251	863	1	i	i	PRON
cjal-9251	863	2	d.	d.	PROPN
cjal-9251	863	3	,	,	PUNCT
cjal-9251	863	4	art	art	NOUN
cjal-9251	863	5	.	.	PUNCT
cjal-9251	864	1	10	10	NUM
cjal-9251	864	2	.	.	X
cjal-9251	864	3	196	196	NUM
cjal-9251	864	4	columbia	columbia	PROPN
cjal-9251	864	5	journal	journal	PROPN
cjal-9251	864	6	of	of	ADP
cjal-9251	864	7	asian	asian	ADJ
cjal-9251	864	8	law	law	NOUN
cjal-9251	865	1	[	[	X
cjal-9251	865	2	vol	vol	NOUN
cjal-9251	865	3	.	.	PUNCT
cjal-9251	865	4	30:160	30:160	NUM
cjal-9251	865	5	such	such	ADJ
cjal-9251	865	6	vc	vc	PROPN
cjal-9251	865	7	firms	firm	NOUN
cjal-9251	865	8	are	be	AUX
cjal-9251	865	9	less	less	ADV
cjal-9251	865	10	incentivized	incentivize	VERB
cjal-9251	865	11	to	to	PART
cjal-9251	865	12	perform	perform	VERB
cjal-9251	865	13	effectively	effectively	ADV
cjal-9251	865	14	and	and	CCONJ
cjal-9251	865	15	work	work	VERB
cjal-9251	865	16	in	in	ADP
cjal-9251	865	17	the	the	DET
cjal-9251	865	18	best	good	ADJ
cjal-9251	865	19	interests	interest	NOUN
cjal-9251	865	20	of	of	ADP
cjal-9251	865	21	the	the	DET
cjal-9251	865	22	funds	fund	NOUN
cjal-9251	865	23	.	.	PUNCT
cjal-9251	866	1	guarantee	guarantee	VERB
cjal-9251	866	2	schemes	scheme	NOUN
cjal-9251	866	3	that	that	PRON
cjal-9251	866	4	are	be	AUX
cjal-9251	866	5	funded	fund	VERB
cjal-9251	866	6	by	by	ADP
cjal-9251	866	7	taxpayers	taxpayer	NOUN
cjal-9251	866	8	'	'	PART
cjal-9251	866	9	money	money	NOUN
cjal-9251	866	10	also	also	ADV
cjal-9251	866	11	may	may	AUX
cjal-9251	866	12	create	create	VERB
cjal-9251	866	13	public	public	ADJ
cjal-9251	866	14	grievances	grievance	NOUN
cjal-9251	866	15	towards	towards	ADP
cjal-9251	866	16	the	the	DET
cjal-9251	866	17	ggfs	ggfs	NOUN
cjal-9251	866	18	,	,	PUNCT
cjal-9251	866	19	as	as	SCONJ
cjal-9251	866	20	the	the	DET
cjal-9251	866	21	very	very	ADJ
cjal-9251	866	22	nature	nature	NOUN
cjal-9251	866	23	of	of	ADP
cjal-9251	866	24	vc	vc	PROPN
cjal-9251	866	25	investments	investment	NOUN
cjal-9251	866	26	is	be	AUX
cjal-9251	866	27	high	high	ADJ
cjal-9251	866	28	-	-	PUNCT
cjal-9251	866	29	risk	risk	NOUN
cjal-9251	866	30	.	.	PUNCT
cjal-9251	867	1	guarantee	guarantee	NOUN
cjal-9251	867	2	schemes	scheme	NOUN
cjal-9251	867	3	are	be	AUX
cjal-9251	867	4	also	also	ADV
cjal-9251	867	5	problematic	problematic	ADJ
cjal-9251	867	6	because	because	SCONJ
cjal-9251	867	7	they	they	PRON
cjal-9251	867	8	are	be	AUX
cjal-9251	867	9	usually	usually	ADV
cjal-9251	867	10	implemented	implement	VERB
cjal-9251	867	11	by	by	ADP
cjal-9251	867	12	officials	official	NOUN
cjal-9251	867	13	who	who	PRON
cjal-9251	867	14	may	may	AUX
cjal-9251	867	15	not	not	PART
cjal-9251	867	16	possess	possess	VERB
cjal-9251	867	17	sufficient	sufficient	ADJ
cjal-9251	867	18	expertise	expertise	NOUN
cjal-9251	867	19	in	in	ADP
cjal-9251	867	20	calculating	calculate	VERB
cjal-9251	867	21	the	the	DET
cjal-9251	867	22	losses	loss	NOUN
cjal-9251	867	23	suffered	suffer	VERB
cjal-9251	867	24	and	and	CCONJ
cjal-9251	867	25	who	who	PRON
cjal-9251	867	26	may	may	AUX
cjal-9251	867	27	prefer	prefer	VERB
cjal-9251	867	28	to	to	PART
cjal-9251	867	29	compensate	compensate	VERB
cjal-9251	867	30	vc	vc	PROPN
cjal-9251	867	31	firms	firm	NOUN
cjal-9251	867	32	that	that	PRON
cjal-9251	867	33	are	be	AUX
cjal-9251	867	34	government	government	NOUN
cjal-9251	867	35	-	-	PUNCT
cjal-9251	867	36	backed	back	VERB
cjal-9251	867	37	.	.	PUNCT
cjal-9251	868	1	for	for	ADP
cjal-9251	868	2	example	example	NOUN
cjal-9251	868	3	,	,	PUNCT
cjal-9251	868	4	the	the	DET
cjal-9251	868	5	shanghai	shanghai	PROPN
cjal-9251	868	6	aigf	aigf	PROPN
cjal-9251	868	7	measures	measure	VERB
cjal-9251	868	8	state	state	VERB
cjal-9251	868	9	that	that	SCONJ
cjal-9251	868	10	a	a	DET
cjal-9251	868	11	steering	steering	NOUN
cjal-9251	868	12	group	group	NOUN
cjal-9251	868	13	comprising	comprise	VERB
cjal-9251	868	14	government	government	NOUN
cjal-9251	868	15	officials	official	NOUN
cjal-9251	868	16	is	be	AUX
cjal-9251	868	17	responsible	responsible	ADJ
cjal-9251	868	18	for	for	ADP
cjal-9251	868	19	the	the	DET
cjal-9251	868	20	implementation	implementation	NOUN
cjal-9251	868	21	of	of	ADP
cjal-9251	868	22	the	the	DET
cjal-9251	868	23	compensation	compensation	NOUN
cjal-9251	868	24	scheme	scheme	NOUN
cjal-9251	868	25	.	.	PUNCT
cjal-9251	869	1	253	253	NUM
cjal-9251	869	2	statistics	statistic	NOUN
cjal-9251	869	3	show	show	VERB
cjal-9251	869	4	that	that	SCONJ
cjal-9251	869	5	many	many	ADJ
cjal-9251	869	6	of	of	ADP
cjal-9251	869	7	the	the	DET
cjal-9251	869	8	vc	vc	PROPN
cjal-9251	869	9	firms	firm	NOUN
cjal-9251	869	10	that	that	PRON
cjal-9251	869	11	received	receive	VERB
cjal-9251	869	12	compensation	compensation	NOUN
cjal-9251	869	13	for	for	ADP
cjal-9251	869	14	their	their	PRON
cjal-9251	869	15	investment	investment	NOUN
cjal-9251	869	16	losses	loss	NOUN
cjal-9251	869	17	were	be	AUX
cjal-9251	869	18	indeed	indeed	ADV
cjal-9251	869	19	government	government	NOUN
cjal-9251	869	20	-	-	PUNCT
cjal-9251	869	21	backed	back	VERB
cjal-9251	869	22	firms	firm	NOUN
cjal-9251	869	23	.	.	PUNCT
cjal-9251	870	1	264	264	NUM
cjal-9251	870	2	fourth	fourth	ADJ
cjal-9251	870	3	,	,	PUNCT
cjal-9251	870	4	ggfs	ggfs	NOUN
cjal-9251	870	5	often	often	ADV
cjal-9251	870	6	negotiate	negotiate	VERB
cjal-9251	870	7	for	for	ADP
cjal-9251	870	8	smaller	small	ADJ
cjal-9251	870	9	compensation	compensation	NOUN
cjal-9251	870	10	packages	package	NOUN
cjal-9251	870	11	for	for	ADP
cjal-9251	870	12	ggf	ggf	PROPN
cjal-9251	870	13	-	-	PUNCT
cjal-9251	870	14	backed	back	VERB
cjal-9251	870	15	vc	vc	PROPN
cjal-9251	870	16	firms	firm	NOUN
cjal-9251	870	17	than	than	ADP
cjal-9251	870	18	for	for	ADP
cjal-9251	870	19	private	private	ADJ
cjal-9251	870	20	vc	vc	PROPN
cjal-9251	870	21	firms	firm	NOUN
cjal-9251	870	22	,	,	PUNCT
cjal-9251	870	23	resulting	result	VERB
cjal-9251	870	24	in	in	ADP
cjal-9251	870	25	worse	bad	ADJ
cjal-9251	870	26	incentives	incentive	NOUN
cjal-9251	870	27	for	for	ADP
cjal-9251	870	28	gps	gps	PROPN
cjal-9251	870	29	of	of	ADP
cjal-9251	870	30	ggf	ggf	PROPN
cjal-9251	870	31	-	-	PUNCT
cjal-9251	870	32	backed	back	VERB
cjal-9251	870	33	vc	vc	PROPN
cjal-9251	870	34	firms	firm	NOUN
cjal-9251	870	35	.	.	PUNCT
cjal-9251	871	1	typically	typically	ADV
cjal-9251	871	2	,	,	PUNCT
cjal-9251	871	3	the	the	DET
cjal-9251	871	4	most	most	ADV
cjal-9251	871	5	popular	popular	ADJ
cjal-9251	871	6	distribution	distribution	NOUN
cjal-9251	871	7	of	of	ADP
cjal-9251	871	8	the	the	DET
cjal-9251	871	9	gp	gp	NOUN
cjal-9251	871	10	's	's	PART
cjal-9251	871	11	compensation	compensation	NOUN
cjal-9251	871	12	is	be	AUX
cjal-9251	871	13	the	the	DET
cjal-9251	871	14	so	so	ADV
cjal-9251	871	15	-	-	PUNCT
cjal-9251	871	16	called	call	VERB
cjal-9251	871	17	"	"	PUNCT
cjal-9251	871	18	2/20	2/20	NUM
cjal-9251	871	19	rule	rule	NOUN
cjal-9251	871	20	.	.	PUNCT
cjal-9251	871	21	"	"	PUNCT
cjal-9251	872	1	255	255	NUM
cjal-9251	872	2	the	the	DET
cjal-9251	872	3	gp	gp	NOUN
cjal-9251	872	4	receives	receive	VERB
cjal-9251	872	5	an	an	DET
cjal-9251	872	6	annual	annual	ADJ
cjal-9251	872	7	management	management	NOUN
cjal-9251	872	8	fee	fee	NOUN
cjal-9251	872	9	for	for	ADP
cjal-9251	872	10	its	its	PRON
cjal-9251	872	11	services	service	NOUN
cjal-9251	872	12	comprising	comprise	VERB
cjal-9251	872	13	2	2	NUM
cjal-9251	872	14	to	to	ADP
cjal-9251	872	15	2.5	2.5	NUM
cjal-9251	872	16	%	%	NOUN
cjal-9251	872	17	of	of	ADP
cjal-9251	872	18	the	the	DET
cjal-9251	872	19	committed	committed	ADJ
cjal-9251	872	20	capital	capital	NOUN
cjal-9251	872	21	,	,	PUNCT
cjal-9251	872	22	and	and	CCONJ
cjal-9251	872	23	a	a	DET
cjal-9251	872	24	carried	carry	VERB
cjal-9251	872	25	interest	interest	NOUN
cjal-9251	872	26	of	of	ADP
cjal-9251	872	27	20	20	NUM
cjal-9251	872	28	to	to	PART
cjal-9251	872	29	25	25	NUM
cjal-9251	872	30	%	%	NOUN
cjal-9251	872	31	of	of	ADP
cjal-9251	872	32	the	the	DET
cjal-9251	872	33	profits	profit	NOUN
cjal-9251	872	34	realized	realize	VERB
cjal-9251	872	35	by	by	ADP
cjal-9251	872	36	the	the	DET
cjal-9251	872	37	fund	fund	NOUN
cjal-9251	872	38	.	.	PUNCT
cjal-9251	873	1	256	256	NUM
cjal-9251	873	2	this	this	PRON
cjal-9251	873	3	is	be	AUX
cjal-9251	873	4	,	,	PUNCT
cjal-9251	873	5	however	however	ADV
cjal-9251	873	6	,	,	PUNCT
cjal-9251	873	7	not	not	PART
cjal-9251	873	8	always	always	ADV
cjal-9251	873	9	the	the	DET
cjal-9251	873	10	case	case	NOUN
cjal-9251	873	11	in	in	ADP
cjal-9251	873	12	china	china	PROPN
cjal-9251	873	13	.	.	PUNCT
cjal-9251	874	1	local	local	ADJ
cjal-9251	874	2	governments	government	NOUN
cjal-9251	874	3	are	be	AUX
cjal-9251	874	4	often	often	ADV
cjal-9251	874	5	overly	overly	ADV
cjal-9251	874	6	protective	protective	ADJ
cjal-9251	874	7	of	of	ADP
cjal-9251	874	8	the	the	DET
cjal-9251	874	9	ta>	ta>	NOUN
cjal-9251	874	10	..	..	PUNCT
cjal-9251	874	11	l)ayers	l)ayers	PROPN
cjal-9251	874	12	'	'	PART
cjal-9251	874	13	money	money	NOUN
cjal-9251	874	14	while	while	SCONJ
cjal-9251	874	15	negotiating	negotiate	VERB
cjal-9251	874	16	profit	profit	NOUN
cjal-9251	874	17	allocation	allocation	NOUN
cjal-9251	874	18	,	,	PUNCT
cjal-9251	874	19	resulting	result	VERB
cjal-9251	874	20	in	in	ADP
cjal-9251	874	21	the	the	DET
cjal-9251	874	22	vc	vc	PROPN
cjal-9251	874	23	firm	firm	NOUN
cjal-9251	874	24	being	be	AUX
cjal-9251	874	25	paid	pay	VERB
cjal-9251	874	26	less	less	ADJ
cjal-9251	874	27	than	than	ADP
cjal-9251	874	28	a	a	DET
cjal-9251	874	29	20	20	NUM
cjal-9251	874	30	%	%	NOUN
cjal-9251	874	31	carried	carry	VERB
cjal-9251	874	32	interest	interest	NOUN
cjal-9251	874	33	,	,	PUNCT
cjal-9251	874	34	257	257	NUM
cjal-9251	874	35	or	or	CCONJ
cjal-9251	874	36	in	in	ADP
cjal-9251	874	37	the	the	DET
cjal-9251	874	38	ggfs	ggfs	NOUN
cjal-9251	874	39	being	be	AUX
cjal-9251	874	40	given	give	VERB
cjal-9251	874	41	priority	priority	NOUN
cjal-9251	874	42	in	in	ADP
cjal-9251	874	43	the	the	DET
cjal-9251	874	44	distribution	distribution	NOUN
cjal-9251	874	45	of	of	ADP
cjal-9251	874	46	profits	profit	NOUN
cjal-9251	874	47	over	over	ADP
cjal-9251	874	48	the	the	DET
cjal-9251	874	49	vc	vc	PROPN
cjal-9251	874	50	firm.2ss	firm.2ss	NOUN
cjal-9251	874	51	meanwhile	meanwhile	ADV
cjal-9251	874	52	,	,	PUNCT
cjal-9251	874	53	there	there	PRON
cjal-9251	874	54	is	be	VERB
cjal-9251	874	55	a	a	DET
cjal-9251	874	56	lack	lack	NOUN
cjal-9251	874	57	of	of	ADP
cjal-9251	874	58	clear	clear	ADJ
cjal-9251	874	59	and	and	CCONJ
cjal-9251	874	60	detailed	detailed	ADJ
cjal-9251	874	61	rules	rule	NOUN
cjal-9251	874	62	on	on	ADP
cjal-9251	874	63	the	the	DET
cjal-9251	874	64	evaluation	evaluation	NOUN
cjal-9251	874	65	of	of	ADP
cjal-9251	874	66	the	the	DET
cjal-9251	874	67	fund	fund	NOUN
cjal-9251	874	68	and	and	CCONJ
cjal-9251	874	69	the	the	DET
cjal-9251	874	70	appraisal	appraisal	NOUN
cjal-9251	874	71	system	system	NOUN
cjal-9251	874	72	of	of	ADP
cjal-9251	874	73	the	the	DET
cjal-9251	874	74	gp	gp	NOUN
cjal-9251	874	75	in	in	ADP
cjal-9251	874	76	some	some	DET
cjal-9251	874	77	local	local	ADJ
cjal-9251	874	78	ggfs	ggfs	NOUN
cjal-9251	874	79	.	.	PUNCT
cjal-9251	875	1	259	259	NUM
cjal-9251	875	2	2.,3	2.,3	NUM
cjal-9251	875	3	i	i	PROPN
cjal-9251	875	4	d.	d.	PROPN
cjal-9251	875	5	,	,	PUNCT
cjal-9251	875	6	art	art	NOUN
cjal-9251	875	7	.	.	PUNCT
cjal-9251	876	1	11	11	NUM
cjal-9251	876	2	.	.	PUNCT
cjal-9251	877	1	:	:	PUNCT
cjal-9251	877	2	us	we	PRON
cjal-9251	877	3	,	,	PUNCT
cjal-9251	877	4	i	i	PROPN
cjal-9251	877	5	d.	d.	PROPN
cjal-9251	877	6	,	,	PUNCT
cjal-9251	877	7	art	art	NOUN
cjal-9251	877	8	.	.	PUNCT
cjal-9251	877	9	8	8	NUM
cjal-9251	877	10	(	(	PUNCT
cjal-9251	877	11	specifing	specife	VERB
cjal-9251	877	12	that	that	SCONJ
cjal-9251	877	13	applicants	applicant	NOUN
cjal-9251	877	14	for	for	ADP
cjal-9251	877	15	compensation	compensation	NOUN
cjal-9251	877	16	shall	shall	AUX
cjal-9251	877	17	make	make	VERB
cjal-9251	877	18	a	a	DET
cjal-9251	877	19	filing	filing	NOUN
cjal-9251	877	20	with	with	ADP
cjal-9251	877	21	the	the	DET
cjal-9251	877	22	relevant	relevant	ADJ
cjal-9251	877	23	registrar	registrar	NOUN
cjal-9251	877	24	in	in	ADP
cjal-9251	877	25	charge	charge	NOUN
cjal-9251	877	26	of	of	ADP
cjal-9251	877	27	vc	vc	PROPN
cjal-9251	877	28	investments	investment	NOUN
cjal-9251	877	29	)	)	PUNCT
cjal-9251	877	30	.	.	PUNCT
cjal-9251	878	1	statistics	statistic	NOUN
cjal-9251	878	2	show	show	VERB
cjal-9251	878	3	that	that	SCONJ
cjal-9251	878	4	out	out	ADP
cjal-9251	878	5	of	of	ADP
cjal-9251	878	6	more	more	ADJ
cjal-9251	878	7	than	than	ADP
cjal-9251	878	8	110	110	NUM
cjal-9251	878	9	vc	vc	NOUN
cjal-9251	878	10	firms	firm	NOUN
cjal-9251	878	11	which	which	PRON
cjal-9251	878	12	had	have	AUX
cjal-9251	878	13	made	make	VERB
cjal-9251	878	14	filings	filing	NOUN
cjal-9251	878	15	for	for	ADP
cjal-9251	878	16	compensation	compensation	NOUN
cjal-9251	878	17	as	as	ADP
cjal-9251	878	18	of	of	ADP
cjal-9251	878	19	januar	januar	PROPN
cjal-9251	878	20	y	y	PROPN
cjal-9251	878	21	2016	2016	NUM
cjal-9251	878	22	,	,	PUNCT
cjal-9251	878	23	most	most	ADJ
cjal-9251	878	24	were	be	AUX
cjal-9251	878	25	stateowned	stateowne	VERB
cjal-9251	878	26	vc	vc	PROPN
cjal-9251	878	27	firms	firm	NOUN
cjal-9251	878	28	.	.	PUNCT
cjal-9251	879	1	see	see	VERB
cjal-9251	879	2	fengxian	fengxian	PROPN
cjal-9251	879	3	touzi	touzi	PROPN
cjal-9251	879	4	shibai	shibai	PROPN
cjal-9251	879	5	,	,	PUNCT
cjal-9251	879	6	pingsh	pingsh	VERB
cjal-9251	879	7	enme	enme	PROPN
cjal-9251	879	8	zhengfu	zhengfu	PROPN
cjal-9251	879	9	lai	lai	PROPN
cjal-9251	879	10	tieqian	tieqian	PROPN
cjal-9251	879	11	(	(	PUNCT
cjal-9251	879	12	jxl.1'4	jxl.1'4	NOUN
cjal-9251	879	13	~	~	X
cjal-9251	879	14	lii	lii	NOUN
cjal-9251	879	15	:	:	PUNCT
cjal-9251	879	16	k	k	X
cjal-9251	879	17	~.	~.	PUNCT
cjal-9251	879	18	}	}	PUNCT
cjal-9251	879	19	e	e	NOUN
cjal-9251	879	20	-	-	ADJ
cjal-9251	879	21	it¾.il;!uf.f*l!i!itt	it¾.il;!uf.f*l!i!itt	ADJ
cjal-9251	879	22	)	)	PUNCT
cjal-9251	880	1	[	[	X
cjal-9251	880	2	tt-'hy	tt-'hy	X
cjal-9251	880	3	should	should	AUX
cjal-9251	880	4	the	the	DET
cjal-9251	880	5	gouernrnent	gouernrnent	NOUN
cjal-9251	880	6	be	be	AUX
cjal-9251	880	7	subsidizing	subsidize	VERB
cjal-9251	880	8	venture	venture	NOUN
cjal-9251	880	9	capital	capital	NOUN
cjal-9251	880	10	investment	investment	NOUN
cjal-9251	880	11	failures	failure	NOUN
cjal-9251	880	12	]	]	PUNCT
cjal-9251	880	13	,	,	PUNCT
cjal-9251	880	14	jinri	jinri	PROPN
cjal-9251	880	15	huati	huati	PROPN
cjal-9251	880	16	(	(	PUNCT
cjal-9251	880	17	b	b	X
cjal-9251	880	18	ii!i	ii!i	NOUN
cjal-9251	880	19	iii	iii	NOUN
cjal-9251	880	20	)	)	PUNCT
cjal-9251	881	1	[	[	X
cjal-9251	881	2	in	in	ADP
cjal-9251	881	3	touch	touch	NOUN
cjal-9251	881	4	today	today	NOUN
cjal-9251	881	5	]	]	X
cjal-9251	881	6	(	(	PUNCT
cjal-9251	881	7	jan	jan	PROPN
cjal-9251	881	8	.	.	PROPN
cjal-9251	881	9	27	27	NUM
cjal-9251	881	10	,	,	PUNCT
cjal-9251	881	11	2016	2016	NUM
cjal-9251	881	12	)	)	PUNCT
cjal-9251	881	13	,	,	PUNCT
cjal-9251	881	14	http://bit.ly/2tq6pc8	http://bit.ly/2tq6pc8	NOUN
cjal-9251	881	15	.	.	PUNCT
cjal-9251	882	1	2	2	NUM
cjal-9251	882	2	m	m	NOUN
cjal-9251	882	3	under	under	ADP
cjal-9251	882	4	this	this	DET
cjal-9251	882	5	rule	rule	NOUN
cjal-9251	882	6	,	,	PUNCT
cjal-9251	882	7	the	the	DET
cjal-9251	882	8	venture	venture	NOUN
cjal-9251	882	9	capitalists	capitalist	NOUN
cjal-9251	882	10	are	be	AUX
cjal-9251	882	11	entitled	entitle	VERB
cjal-9251	882	12	to	to	ADP
cjal-9251	882	13	a	a	DET
cjal-9251	882	14	flat	flat	ADJ
cjal-9251	882	15	2	2	NUM
cjal-9251	882	16	%	%	NOUN
cjal-9251	882	17	of	of	ADP
cjal-9251	882	18	total	total	ADJ
cjal-9251	882	19	asset	asset	NOUN
cjal-9251	882	20	value	value	NOUN
cjal-9251	882	21	as	as	ADP
cjal-9251	882	22	a	a	DET
cjal-9251	882	23	management	management	NOUN
cjal-9251	882	24	fee	fee	NOUN
cjal-9251	882	25	and	and	CCONJ
cjal-9251	882	26	an	an	DET
cjal-9251	882	27	additional	additional	ADJ
cjal-9251	882	28	20	20	NUM
cjal-9251	882	29	%	%	NOUN
cjal-9251	882	30	of	of	ADP
cjal-9251	882	31	any	any	DET
cjal-9251	882	32	profits	profit	NOUN
cjal-9251	882	33	earned	earn	VERB
cjal-9251	882	34	as	as	ADP
cjal-9251	882	35	carried	carry	VERB
cjal-9251	882	36	interest	interest	NOUN
cjal-9251	882	37	.	.	PUNCT
cjal-9251	883	1	see	see	VERB
cjal-9251	883	2	paul	paul	PROPN
cjal-9251	883	3	gompers	gompers	PROPN
cjal-9251	883	4	&	&	CCONJ
cjal-9251	883	5	josh	josh	PROPN
cjal-9251	883	6	lernerk	lernerk	PROPN
cjal-9251	883	7	,	,	PUNCT
cjal-9251	883	8	the	the	DET
cjal-9251	883	9	venture	venture	NOUN
cjal-9251	883	10	capital	capital	NOUN
cjal-9251	883	11	cycle	cycle	NOUN
cjal-9251	883	12	91	91	NUM
cjal-9251	883	13	-	-	SYM
cjal-9251	883	14	126	126	NUM
cjal-9251	883	15	(	(	PUNCT
cjal-9251	883	16	2nd	2nd	ADJ
cjal-9251	883	17	ed	ed	NOUN
cjal-9251	883	18	.	.	PUNCT
cjal-9251	883	19	,	,	PUNCT
cjal-9251	883	20	2004	2004	NUM
cjal-9251	883	21	)	)	PUNCT
cjal-9251	883	22	.	.	PUNCT
cjal-9251	884	1	2.w	2.w	NUM
cjal-9251	885	1	kate	kate	ADV
cjal-9251	885	2	litvak	litvak	ADJ
cjal-9251	885	3	,	,	PUNCT
cjal-9251	885	4	venture	venture	NOUN
cjal-9251	885	5	capital	capital	NOUN
cjal-9251	885	6	partner	partner	NOUN
cjal-9251	885	7	ship	ship	NOUN
cjal-9251	885	8	agreements	agreement	NOUN
cjal-9251	885	9	:	:	PUNCT
cjal-9251	885	10	understanding	understand	VERB
cjal-9251	885	11	compensation	compensation	NOUN
cjal-9251	885	12	arrangernenls	arrangernenls	NOUN
cjal-9251	885	13	,	,	PUNCT
cjal-9251	885	14	76	76	NUM
cjal-9251	885	15	u.	u.	NOUN
cjal-9251	885	16	chi	chi	PROPN
cjal-9251	885	17	.	.	PUNCT
cjal-9251	886	1	l.	l.	PROPN
cjal-9251	886	2	rev	rev	PROPN
cjal-9251	886	3	.	.	PROPN
cjal-9251	886	4	161	161	NUM
cjal-9251	886	5	(	(	PUNCT
cjal-9251	886	6	2009	2009	NUM
cjal-9251	886	7	)	)	PUNCT
cjal-9251	886	8	.	.	PUNCT
cjal-9251	887	1	21>7	21>7	NUM
cjal-9251	887	2	zero2ipo	zero2ipo	NUM
cjal-9251	887	3	,	,	PUNCT
cjal-9251	887	4	supra	supra	PROPN
cjal-9251	887	5	note	note	PROPN
cjal-9251	887	6	85	85	NUM
cjal-9251	887	7	.	.	X
cjal-9251	888	1	258	258	NUM
cjal-9251	888	2	qidi	qidi	PROPN
cjal-9251	888	3	zhengfu	zhengfu	PROPN
cjal-9251	888	4	yindao	yindao	X
cjal-9251	888	5	jijin	jijin	PROPN
cjal-9251	888	6	:	:	PUNCT
cjal-9251	888	7	sida	sida	PROPN
cjal-9251	888	8	wenti	wenti	VERB
cjal-9251	888	9	lanlu	lanlu	ADJ
cjal-9251	888	10	vs	vs	ADP
cjal-9251	888	11	sida	sida	PROPN
cjal-9251	888	12	qushi	qushi	PROPN
cjal-9251	888	13	"	"	PUNCT
cjal-9251	888	14	guanfe	guanfe	NOUN
cjal-9251	888	15	ng	ng	PROPN
cjal-9251	888	16	"	"	PUNCT
cjal-9251	888	17	(	(	PUNCT
cjal-9251	888	18	~lit	~lit	NUM
cjal-9251	888	19	~	~	SYM
cjal-9251	888	20	lf.f	lf.f	X
cjal-9251	888	21	<	<	NOUN
cjal-9251	888	22	ji.ir-~	ji.ir-~	NOUN
cjal-9251	888	23	:	:	PUNCT
cjal-9251	888	24	&	&	CCONJ
cjal-9251	888	25	:	:	PUNCT
cjal-9251	888	26	(	(	PUNCT
cjal-9251	888	27	lll;kfiijiig~	lll;kfiijiig~	NOUN
cjal-9251	888	28	vs	vs	ADP
cjal-9251	888	29	11!1	11!1	NOUN
cjal-9251	888	30	:	:	PUNCT
cjal-9251	888	31	k~~"~jxl	k~~"~jxl	X
cjal-9251	888	32	.	.	PUNCT
cjal-9251	888	33	"	"	PUNCT
cjal-9251	888	34	)	)	PUNCT
cjal-9251	889	1	[	[	X
cjal-9251	889	2	uncouer	uncouer	ADJ
cjal-9251	889	3	government	government	NOUN
cjal-9251	889	4	guide	guide	NOUN
cjal-9251	889	5	fund	fund	NOUN
cjal-9251	889	6	:	:	PUNCT
cjal-9251	889	7	four	four	NUM
cjal-9251	889	8	problems	problem	NOUN
cjal-9251	889	9	vs	vs	ADP
cjal-9251	889	10	four	four	NUM
cjal-9251	889	11	trends	trend	NOUN
cjal-9251	889	12	]	]	PUNCT
cjal-9251	889	13	,	,	PUNCT
cjal-9251	889	14	touzijie	touzijie	PROPN
cjal-9251	889	15	(	(	PUNCT
cjal-9251	889	16	l'1	l'1	PROPN
cjal-9251	889	17	t	t	PROPN
cjal-9251	889	18	!	!	PUNCT
cjal-9251	889	19	ii	ii	X
cjal-9251	889	20	)	)	PUNCT
cjal-9251	890	1	[	[	X
cjal-9251	890	2	pedaily	pedaily	ADV
cjal-9251	890	3	]	]	X
cjal-9251	890	4	(	(	PUNCT
cjal-9251	890	5	may	may	PROPN
cjal-9251	890	6	12	12	NUM
cjal-9251	890	7	2016	2016	NUM
cjal-9251	890	8	)	)	PUNCT
cjal-9251	890	9	http://bit.ly/2tqdk89	http://bit.ly/2tqdk89	NOUN
cjal-9251	890	10	.	.	PUNCT
cjal-9251	890	11	'	'	PUNCT
cjal-9251	890	12	'	'	PUNCT
cjal-9251	890	13	:	:	PUNCT
cjal-9251	890	14	u.9article	u.9article	NUM
cjal-9251	890	15	23	23	NUM
cjal-9251	890	16	of	of	ADP
cjal-9251	890	17	the	the	DET
cjal-9251	890	18	implementation	implementation	NOUN
cjal-9251	890	19	rules	rule	NOUN
cjal-9251	890	20	for	for	ADP
cjal-9251	890	21	shanghai	shanghai	PROPN
cjal-9251	890	22	angel	angel	PROPN
cjal-9251	890	23	investm	investm	PROPN
cjal-9251	890	24	ents	ents	PROPN
cjal-9251	890	25	guidance	guidance	NOUN
cjal-9251	890	26	fund	fund	PROPN
cjal-9251	890	27	,	,	PUNCT
cjal-9251	890	28	supra	supra	PROPN
cjal-9251	890	29	note	note	PROPN
cjal-9251	890	30	236	236	NUM
cjal-9251	890	31	,	,	PUNCT
cjal-9251	890	32	states	state	NOUN
cjal-9251	890	33	generally	generally	ADV
cjal-9251	890	34	that	that	SCONJ
cjal-9251	890	35	the	the	DET
cjal-9251	890	36	steering	steering	NOUN
cjal-9251	890	37	committee	committee	NOUN
cjal-9251	890	38	and	and	CCONJ
cjal-9251	890	39	its	its	PRON
cjal-9251	890	40	office	office	NOUN
cjal-9251	890	41	are	be	AUX
cjal-9251	890	42	responsible	responsible	ADJ
cjal-9251	890	43	for	for	ADP
cjal-9251	890	44	the	the	DET
cjal-9251	890	45	supervision	supervision	NOUN
cjal-9251	890	46	and	and	CCONJ
cjal-9251	890	47	evaluation	evaluation	NOUN
cjal-9251	890	48	of	of	ADP
cjal-9251	890	49	government	government	NOUN
cjal-9251	890	50	guidance	guidance	NOUN
cjal-9251	890	51	funds	fund	NOUN
cjal-9251	890	52	b	b	PROPN
cjal-9251	890	53	t	t	NOUN
cjal-9251	890	54	'd	'd	PROPN
cjal-9251	890	55	.	.	PUNCT
cjal-9251	890	56	.	.	PUNCT
cjal-9251	890	57	.	.	PUNCT
cjal-9251	890	58	.	.	PUNCT
cjal-9251	890	59	.	.	PUNCT
cjal-9251	891	1	,	,	PUNCT
cjal-9251	891	2	u	u	NOUN
cjal-9251	891	3	provi	provi	PROPN
cjal-9251	891	4	es	es	ADP
cjal-9251	891	5	no	no	DET
cjal-9251	891	6	specific	specific	ADJ
cjal-9251	891	7	evaluat'.on	evaluat'.on	NOUN
cjal-9251	891	8	cr1ter~.	cr1ter~.	NOUN
cjal-9251	891	9	article	article	NOUN
cjal-9251	891	10	30	30	NUM
cjal-9251	891	11	of	of	ADP
cjal-9251	891	12	the	the	DET
cjal-9251	891	13	interim	interim	ADJ
cjal-9251	891	14	measures	measure	NOUN
cjal-9251	891	15	of	of	ADP
cjal-9251	891	16	the	the	DET
cjal-9251	891	17	government	government	NOUN
cjal-9251	891	18	investment	investment	NOUN
cjal-9251	891	19	fund	fund	NOUN
cjal-9251	891	20	simply	simply	ADV
cjal-9251	891	21	specifies	specify	VERB
cjal-9251	891	22	that	that	SCONJ
cjal-9251	891	23	the	the	DET
cjal-9251	891	24	ggf	ggf	PROPN
cjal-9251	891	25	should	should	AUX
cjal-9251	891	26	set	set	VERB
cjal-9251	891	27	up	up	ADP
cjal-9251	891	28	an	an	DET
cjal-9251	891	29	evaluation	evaluation	NOUN
cjal-9251	891	30	s	s	PART
cjal-9251	891	31	st	st	PROPN
cjal-9251	891	32	£	£	SYM
cjal-9251	891	33	o	o	NOUN
cjal-9251	891	34	b	b	NOUN
cjal-9251	891	35	'd	'd	PROPN
cjal-9251	891	36	d	d	X
cjal-9251	891	37	il	il	PROPN
cjal-9251	892	1	d	d	X
cjal-9251	892	2	y	y	VERB
cjal-9251	892	3	em	em	PRON
cjal-9251	892	4	r	r	VERB
cjal-9251	892	5	the	the	DET
cjal-9251	892	6	fund	fund	NOUN
cjal-9251	892	7	,	,	PUNCT
cjal-9251	892	8	ut	ut	PROPN
cjal-9251	892	9	provi	provi	PROPN
cjal-9251	892	10	es	es	PROPN
cjal-9251	892	11	no	no	PROPN
cjal-9251	892	12	eta	eta	PROPN
cjal-9251	892	13	e	e	PROPN
cjal-9251	892	14	rules	rule	VERB
cjal-9251	892	15	on	on	ADP
cjal-9251	892	16	how	how	SCONJ
cjal-9251	892	17	th	th	X
cjal-9251	892	18	e	e	NOUN
cjal-9251	892	19	assessment	assessment	NOUN
cjal-9251	892	20	should	should	AUX
cjal-9251	892	21	b	b	PROPN
cjal-9251	892	22	d	d	PROPN
cjal-9251	892	23	s	s	PART
cjal-9251	892	24	zhengfu	zhengfu	PROPN
cjal-9251	893	1	touzi	touzi	PROPN
cjal-9251	893	2	jijin	jijin	PROPN
cjal-9251	893	3	zanxing	zanxe	VERB
cjal-9251	893	4	guanli	guanli	PROPN
cjal-9251	893	5	banfa	banfa	NOUN
cjal-9251	893	6	(	(	PUNCT
cjal-9251	893	7	il&fff	il&fff	NOUN
cjal-9251	893	8	~	~	SYM
cjal-9251	893	9	l'jt~:&fhr'ii-~3'j	l'jt~:&fhr'ii-~3'j	NOUN
cjal-9251	893	10	.	.	PUNCT
cjal-9251	893	11	#	#	NOUN
cjal-9251	893	12	.	.	PUNCT
cjal-9251	894	1	;)	;)	PUNCT
cjal-9251	895	1	[	[	X
cjal-9251	895	2	interi	interi	NOUN
cjal-9251	895	3	:	:	PUNCT
cjal-9251	895	4	i	i	PROPN
cjal-9251	895	5	~e:~ur	~e:~ur	PROPN
cjal-9251	895	6	:	:	PUNCT
cjal-9251	895	7	:	:	PUNCT
cjal-9251	895	8	2017	2017	NUM
cjal-9251	895	9	]	]	PUNCT
cjal-9251	895	10	engineering	engineer	VERB
cjal-9251	895	11	a	a	DET
cjal-9251	895	12	venture	venture	NOUN
cjal-9251	895	13	capital	capital	NOUN
cjal-9251	895	14	market	market	NOUN
cjal-9251	895	15	197	197	NUM
cjal-9251	895	16	lastly	lastly	ADV
cjal-9251	895	17	and	and	CCONJ
cjal-9251	895	18	most	most	ADV
cjal-9251	895	19	importantly	importantly	ADV
cjal-9251	895	20	,	,	PUNCT
cjal-9251	895	21	there	there	PRON
cjal-9251	895	22	are	be	VERB
cjal-9251	895	23	two	two	NUM
cjal-9251	895	24	institutional	institutional	ADJ
cjal-9251	895	25	obstacles	obstacle	NOUN
cjal-9251	895	26	that	that	PRON
cjal-9251	895	27	prevent	prevent	VERB
cjal-9251	895	28	local	local	ADJ
cjal-9251	895	29	governments	government	NOUN
cjal-9251	895	30	from	from	ADP
cjal-9251	895	31	allowing	allow	VERB
cjal-9251	895	32	local	local	ADJ
cjal-9251	895	33	ggfs	ggfs	NOUN
cjal-9251	895	34	to	to	PART
cjal-9251	895	35	operate	operate	VERB
cjal-9251	895	36	based	base	VERB
cjal-9251	895	37	on	on	ADP
cjal-9251	895	38	market	market	NOUN
cjal-9251	895	39	forces	force	NOUN
cjal-9251	895	40	.	.	PUNCT
cjal-9251	896	1	the	the	DET
cjal-9251	896	2	first	first	ADJ
cjal-9251	896	3	is	be	AUX
cjal-9251	896	4	the	the	DET
cjal-9251	896	5	flawed	flaw	VERB
cjal-9251	896	6	cadre	cadre	NOUN
cjal-9251	896	7	appointment	appointment	NOUN
cjal-9251	896	8	system	system	NOUN
cjal-9251	896	9	in	in	ADP
cjal-9251	896	10	china	china	PROPN
cjal-9251	896	11	.	.	PUNCT
cjal-9251	897	1	since	since	SCONJ
cjal-9251	897	2	the	the	DET
cjal-9251	897	3	early	early	ADJ
cjal-9251	897	4	years	year	NOUN
cjal-9251	897	5	of	of	ADP
cjal-9251	897	6	the	the	DET
cjal-9251	897	7	chinese	chinese	ADJ
cjal-9251	897	8	communist	communist	PROPN
cjal-9251	897	9	party	party	PROPN
cjal-9251	897	10	,	,	PUNCT
cjal-9251	897	11	china	china	PROPN
cjal-9251	897	12	's	's	PART
cjal-9251	897	13	cadres	cadre	NOUN
cjal-9251	897	14	have	have	AUX
cjal-9251	897	15	always	always	ADV
cjal-9251	897	16	been	be	AUX
cjal-9251	897	17	appointed	appoint	VERB
cjal-9251	897	18	by	by	ADP
cjal-9251	897	19	higher	high	ADJ
cjal-9251	897	20	-level	-level	NOUN
cjal-9251	897	21	supervisors	supervisor	NOUN
cjal-9251	897	22	.	.	PUNCT
cjal-9251	898	1	260	260	NUM
cjal-9251	898	2	also	also	ADV
cjal-9251	898	3	,	,	PUNCT
cjal-9251	898	4	under	under	ADP
cjal-9251	898	5	the	the	DET
cjal-9251	898	6	cadre	cadre	NOUN
cjal-9251	898	7	responsibility	responsibility	NOUN
cjal-9251	898	8	system	system	NOUN
cjal-9251	898	9	(	(	PUNCT
cjal-9251	898	10	gangwei	gangwei	PROPN
cjal-9251	898	11	zerenzhi	zerenzhi	PROPN
cjal-9251	898	12	)	)	PUNCT
cjal-9251	898	13	,	,	PUNCT
cjal-9251	898	14	appointed	appoint	VERB
cjal-9251	898	15	cadres	cadre	NOUN
cjal-9251	898	16	are	be	AUX
cjal-9251	898	17	personally	personally	ADV
cjal-9251	898	18	held	hold	VERB
cjal-9251	898	19	responsible	responsible	ADJ
cjal-9251	898	20	for	for	ADP
cjal-9251	898	21	achieving	achieve	VERB
cjal-9251	898	22	certain	certain	ADJ
cjal-9251	898	23	targets	target	NOUN
cjal-9251	898	24	and	and	CCONJ
cjal-9251	898	25	policies	policy	NOUN
cjal-9251	898	26	laid	lay	VERB
cjal-9251	898	27	down	down	ADP
cjal-9251	898	28	by	by	ADP
cjal-9251	898	29	higher	high	ADJ
cjal-9251	898	30	-	-	PUNCT
cjal-9251	898	31	ups	up	NOUN
cjal-9251	898	32	.	.	PUNCT
cjal-9251	899	1	261	261	NUM
cjal-9251	899	2	in	in	ADP
cjal-9251	899	3	the	the	DET
cjal-9251	899	4	context	context	NOUN
cjal-9251	899	5	of	of	ADP
cjal-9251	899	6	ggfs	ggfs	NOUN
cjal-9251	899	7	,	,	PUNCT
cjal-9251	899	8	these	these	DET
cjal-9251	899	9	systems	system	NOUN
cjal-9251	899	10	have	have	AUX
cjal-9251	899	11	led	lead	VERB
cjal-9251	899	12	to	to	ADP
cjal-9251	899	13	the	the	DET
cjal-9251	899	14	inevitable	inevitable	ADJ
cjal-9251	899	15	intervention	intervention	NOUN
cjal-9251	899	16	of	of	ADP
cjal-9251	899	17	local	local	ADJ
cjal-9251	899	18	governments	government	NOUN
cjal-9251	899	19	in	in	ADP
cjal-9251	899	20	the	the	DET
cjal-9251	899	21	selection	selection	NOUN
cjal-9251	899	22	of	of	ADP
cjal-9251	899	23	the	the	DET
cjal-9251	899	24	portfolio	portfolio	NOUN
cjal-9251	899	25	companies	company	NOUN
cjal-9251	899	26	.	.	PUNCT
cjal-9251	900	1	in	in	ADP
cjal-9251	900	2	order	order	NOUN
cjal-9251	900	3	to	to	PART
cjal-9251	900	4	make	make	VERB
cjal-9251	900	5	sure	sure	ADJ
cjal-9251	900	6	that	that	SCONJ
cjal-9251	900	7	public	public	ADJ
cjal-9251	900	8	capital	capital	NOUN
cjal-9251	900	9	is	be	AUX
cjal-9251	900	10	properly	properly	ADV
cjal-9251	900	11	used	use	VERB
cjal-9251	900	12	and	and	CCONJ
cjal-9251	900	13	that	that	SCONJ
cjal-9251	900	14	the	the	DET
cjal-9251	900	15	officials	official	NOUN
cjal-9251	900	16	in	in	ADP
cjal-9251	900	17	charge	charge	NOUN
cjal-9251	900	18	have	have	VERB
cjal-9251	900	19	some	some	DET
cjal-9251	900	20	form	form	NOUN
cjal-9251	900	21	of	of	ADP
cjal-9251	900	22	personal	personal	ADJ
cjal-9251	900	23	responsibility	responsibility	NOUN
cjal-9251	900	24	,	,	PUNCT
cjal-9251	900	25	municipal	municipal	ADJ
cjal-9251	900	26	governments	government	NOUN
cjal-9251	900	27	typically	typically	ADV
cjal-9251	900	28	mandate	mandate	VERB
cjal-9251	900	29	the	the	DET
cjal-9251	900	30	mayor	mayor	NOUN
cjal-9251	900	31	of	of	ADP
cjal-9251	900	32	the	the	DET
cjal-9251	900	33	city	city	NOUN
cjal-9251	900	34	to	to	PART
cjal-9251	900	35	be	be	AUX
cjal-9251	900	36	the	the	DET
cjal-9251	900	37	chairman	chairman	NOUN
cjal-9251	900	38	of	of	ADP
cjal-9251	900	39	the	the	DET
cjal-9251	900	40	steering	steering	NOUN
cjal-9251	900	41	committee	committee	NOUN
cjal-9251	900	42	of	of	ADP
cjal-9251	900	43	the	the	DET
cjal-9251	900	44	ggf	ggf	PROPN
cjal-9251	900	45	.	.	PUNCT
cjal-9251	901	1	262	262	NUM
cjal-9251	901	2	the	the	DET
cjal-9251	901	3	second	second	ADJ
cjal-9251	901	4	institutional	institutional	ADJ
cjal-9251	901	5	obstacle	obstacle	NOUN
cjal-9251	901	6	is	be	AUX
cjal-9251	901	7	the	the	DET
cjal-9251	901	8	flawed	flawed	ADJ
cjal-9251	901	9	incentive	incentive	NOUN
cjal-9251	901	10	mechanisms	mechanism	NOUN
cjal-9251	901	11	of	of	ADP
cjal-9251	901	12	government	government	NOUN
cjal-9251	901	13	officials	official	NOUN
cjal-9251	901	14	.	.	PUNCT
cjal-9251	902	1	in	in	ADP
cjal-9251	902	2	china	china	PROPN
cjal-9251	902	3	,	,	PUNCT
cjal-9251	902	4	gdp	gdp	NOUN
cjal-9251	902	5	growth	growth	NOUN
cjal-9251	902	6	remains	remain	VERB
cjal-9251	902	7	one	one	NUM
cjal-9251	902	8	of	of	ADP
cjal-9251	902	9	the	the	DET
cjal-9251	902	10	key	key	ADJ
cjal-9251	902	11	performance	performance	NOUN
cjal-9251	902	12	indicators	indicator	NOUN
cjal-9251	902	13	of	of	ADP
cjal-9251	902	14	the	the	DET
cjal-9251	902	15	municipal	municipal	ADJ
cjal-9251	902	16	government	government	NOUN
cjal-9251	902	17	.	.	PUNCT
cjal-9251	903	1	263	263	NUM
cjal-9251	903	2	this	this	PRON
cjal-9251	903	3	has	have	AUX
cjal-9251	903	4	encouraged	encourage	VERB
cjal-9251	903	5	many	many	ADJ
cjal-9251	903	6	local	local	ADJ
cjal-9251	903	7	ggfs	ggfs	NOUN
cjal-9251	903	8	to	to	PART
cjal-9251	903	9	mandate	mandate	VERB
cjal-9251	903	10	that	that	SCONJ
cjal-9251	903	11	the	the	DET
cjal-9251	903	12	fund	fund	NOUN
cjal-9251	903	13	invest	invest	VERB
cjal-9251	903	14	only	only	ADV
cjal-9251	903	15	in	in	ADP
cjal-9251	903	16	certain	certain	ADJ
cjal-9251	903	17	industries	industry	NOUN
cjal-9251	903	18	and	and	CCONJ
cjal-9251	903	19	companies	company	NOUN
cjal-9251	903	20	in	in	ADP
cjal-9251	903	21	their	their	PRON
cjal-9251	903	22	region	region	NOUN
cjal-9251	903	23	that	that	PRON
cjal-9251	903	24	have	have	AUX
cjal-9251	903	25	already	already	ADV
cjal-9251	903	26	gained	gain	VERB
cjal-9251	903	27	significant	significant	ADJ
cjal-9251	903	28	market	market	NOUN
cjal-9251	903	29	success	success	NOUN
cjal-9251	903	30	.	.	PUNCT
cjal-9251	904	1	264	264	NUM
cjal-9251	904	2	nevertheless	nevertheless	ADV
cjal-9251	904	3	,	,	PUNCT
cjal-9251	904	4	these	these	DET
cjal-9251	904	5	problems	problem	NOUN
cjal-9251	904	6	have	have	AUX
cjal-9251	904	7	not	not	PART
cjal-9251	904	8	prevented	prevent	VERB
cjal-9251	904	9	the	the	DET
cjal-9251	904	10	growth	growth	NOUN
cjal-9251	904	11	of	of	ADP
cjal-9251	904	12	the	the	DET
cjal-9251	904	13	vc	vc	PROPN
cjal-9251	904	14	market	market	NOUN
cjal-9251	904	15	.	.	PUNCT
cjal-9251	905	1	the	the	DET
cjal-9251	905	2	negative	negative	ADJ
cjal-9251	905	3	impact	impact	NOUN
cjal-9251	905	4	caused	cause	VERB
cjal-9251	905	5	by	by	ADP
cjal-9251	905	6	the	the	DET
cjal-9251	905	7	flawed	flawed	ADJ
cjal-9251	905	8	structure	structure	NOUN
cjal-9251	905	9	of	of	ADP
cjal-9251	905	10	the	the	DET
cjal-9251	905	11	local	local	ADJ
cjal-9251	905	12	ggfs	ggfs	NOUN
cjal-9251	905	13	appears	appear	VERB
cjal-9251	905	14	not	not	PART
cjal-9251	905	15	to	to	PART
cjal-9251	905	16	have	have	AUX
cjal-9251	905	17	been	be	AUX
cjal-9251	905	18	significant	significant	ADJ
cjal-9251	905	19	economically	economically	ADV
cjal-9251	905	20	.	.	PUNCT
cjal-9251	906	1	the	the	DET
cjal-9251	906	2	most	most	ADV
cjal-9251	906	3	likely	likely	ADJ
cjal-9251	906	4	reason	reason	NOUN
cjal-9251	906	5	may	may	AUX
cjal-9251	906	6	be	be	AUX
cjal-9251	906	7	that	that	SCONJ
cjal-9251	906	8	the	the	DET
cjal-9251	906	9	size	size	NOUN
cjal-9251	906	10	of	of	ADP
cjal-9251	906	11	ggf	ggf	PROPN
cjal-9251	906	12	has	have	AUX
cjal-9251	906	13	been	be	AUX
cjal-9251	906	14	small	small	ADJ
cjal-9251	906	15	:	:	PUNCT
cjal-9251	906	16	it	it	PRON
cjal-9251	906	17	accounts	account	VERB
cjal-9251	906	18	for	for	ADP
cjal-9251	906	19	only	only	ADV
cjal-9251	906	20	2	2	NUM
cjal-9251	906	21	%	%	NOUN
cjal-9251	906	22	of	of	ADP
cjal-9251	906	23	the	the	DET
cjal-9251	906	24	total	total	ADJ
cjal-9251	906	25	investment	investment	NOUN
cjal-9251	906	26	amount	amount	NOUN
cjal-9251	906	27	in	in	ADP
cjal-9251	906	28	the	the	DET
cjal-9251	906	29	market	market	NOUN
cjal-9251	906	30	.	.	PUNCT
cjal-9251	907	1	265	265	NUM
cjal-9251	907	2	the	the	DET
cjal-9251	907	3	figure	figure	NOUN
cjal-9251	907	4	was	be	AUX
cjal-9251	907	5	much	much	ADV
cjal-9251	907	6	smaller	small	ADJ
cjal-9251	907	7	before	before	ADP
cjal-9251	907	8	2011	2011	NUM
cjal-9251	907	9	266	266	NUM
cjal-9251	907	10	and	and	CCONJ
cjal-9251	907	11	is	be	AUX
cjal-9251	907	12	even	even	ADV
cjal-9251	907	13	smaller	small	ADJ
cjal-9251	907	14	for	for	ADP
cjal-9251	907	15	local	local	ADJ
cjal-9251	907	16	ggfs	ggfs	NOUN
cjal-9251	907	17	.	.	PUNCT
cjal-9251	908	1	267	267	NUM
cjal-9251	908	2	another	another	DET
cjal-9251	908	3	reason	reason	NOUN
cjal-9251	908	4	may	may	AUX
cjal-9251	908	5	be	be	AUX
cjal-9251	908	6	the	the	DET
cjal-9251	908	7	fact	fact	NOUN
cjal-9251	908	8	that	that	SCONJ
cjal-9251	908	9	most	most	ADJ
cjal-9251	908	10	of	of	ADP
cjal-9251	908	11	the	the	DET
cjal-9251	908	12	local	local	ADJ
cjal-9251	908	13	ggfs	ggfs	NOUN
cjal-9251	908	14	were	be	AUX
cjal-9251	908	15	established	establish	VERB
cjal-9251	908	16	in	in	ADP
cjal-9251	908	17	2015	2015	NUM
cjal-9251	908	18	,	,	PUNCT
cjal-9251	908	19	so	so	ADV
cjal-9251	908	20	for	for	ADP
cjal-9251	908	21	now	now	ADV
cjal-9251	908	22	the	the	DET
cjal-9251	908	23	negative	negative	ADJ
cjal-9251	908	24	impact	impact	NOUN
cjal-9251	908	25	caused	cause	VERB
cjal-9251	908	26	by	by	ADP
cjal-9251	908	27	the	the	DET
cjal-9251	908	28	guarantees	guarantee	NOUN
cjal-9251	908	29	and	and	CCONJ
cjal-9251	908	30	problematic	problematic	ADJ
cjal-9251	908	31	compensation	compensation	NOUN
cjal-9251	908	32	is	be	AUX
cjal-9251	908	33	still	still	ADV
cjal-9251	908	34	limited	limited	ADJ
cjal-9251	908	35	.	.	PUNCT
cjal-9251	909	1	moreover	moreover	ADV
cjal-9251	909	2	,	,	PUNCT
cjal-9251	909	3	cognizant	cognizant	ADJ
cjal-9251	909	4	of	of	ADP
cjal-9251	909	5	the	the	DET
cjal-9251	909	6	problems	problem	NOUN
cjal-9251	909	7	within	within	ADP
cjal-9251	909	8	the	the	DET
cjal-9251	909	9	local	local	ADJ
cjal-9251	909	10	ggfs	ggfs	NOUN
cjal-9251	909	11	discussed	discuss	VERB
cjal-9251	909	12	above	above	ADV
cjal-9251	909	13	,	,	PUNCT
cjal-9251	909	14	the	the	DET
cjal-9251	909	15	chinese	chinese	ADJ
cjal-9251	909	16	central	central	ADJ
cjal-9251	909	17	government	government	NOUN
cjal-9251	909	18	and	and	CCONJ
cjal-9251	909	19	many	many	ADJ
cjal-9251	909	20	local	local	ADJ
cjal-9251	909	21	governments	government	NOUN
cjal-9251	909	22	have	have	AUX
cjal-9251	909	23	begun	begin	VERB
cjal-9251	909	24	to	to	PART
cjal-9251	909	25	move	move	VERB
cjal-9251	909	26	towards	towards	ADP
cjal-9251	909	27	a	a	DET
cjal-9251	909	28	market	market	NOUN
cjal-9251	909	29	-	-	PUNCT
cjal-9251	909	30	oriented	orient	VERB
cjal-9251	909	31	approach	approach	NOUN
cjal-9251	909	32	on	on	ADP
cjal-9251	909	33	government	government	NOUN
cjal-9251	909	34	investment	investment	NOUN
cjal-9251	909	35	funds	fund	NOUN
cjal-9251	909	36	]	]	PUNCT
cjal-9251	909	37	,	,	PUNCT
cjal-9251	909	38	(	(	PUNCT
cjal-9251	909	39	promulgated	promulgate	VERB
cjal-9251	909	40	by	by	ADP
cjal-9251	909	41	the	the	DET
cjal-9251	909	42	ministry	ministry	PROPN
cjal-9251	909	43	of	of	ADP
cjal-9251	909	44	finance	finance	PROPN
cjal-9251	909	45	)	)	PUNCT
cjal-9251	909	46	,	,	PUNCT
cjal-9251	909	47	art	art	NOUN
cjal-9251	909	48	.	.	PUNCT
cjal-9251	910	1	30	30	NUM
cjal-9251	910	2	,	,	PUNCT
cjal-9251	910	3	caiyu	caiyu	NOUN
cjal-9251	910	4	(	(	PUNCT
cjal-9251	910	5	2015	2015	NUM
cjal-9251	910	6	)	)	PUNCT
cjal-9251	910	7	no	no	INTJ
cjal-9251	910	8	.	.	NOUN
cjal-9251	910	9	210	210	NUM
cjal-9251	910	10	,	,	PUNCT
cjal-9251	910	11	http	http	ADV
cjal-9251	910	12	:	:	PUNCT
cjal-9251	910	13	//bit.ly/2	//bit.ly/2	NOUN
cjal-9251	910	14	t	t	X
cjal-9251	910	15	ml9jl	ml9jl	PROPN
cjal-9251	910	16	.	.	PUNCT
cjal-9251	911	1	260	260	NUM
cjal-9251	911	2	hu	hu	PROPN
cjal-9251	911	3	wei	wei	PROPN
cjal-9251	911	4	,	,	PUNCT
cjal-9251	911	5	g.	g.	PROPN
cjal-9251	911	6	zhiyong	zhiyong	PROPN
cjal-9251	911	7	lan	lan	PROPN
cjal-9251	911	8	,	,	PUNCT
cjal-9251	911	9	&	&	CCONJ
cjal-9251	911	10	liu	liu	PROPN
cjal-9251	911	11	songbo	songbo	PROPN
cjal-9251	911	12	,	,	PUNCT
cjal-9251	911	13	innovations	innovation	NOUN
cjal-9251	911	14	in	in	ADP
cjal-9251	911	15	cadres	cadre	NOUN
cjal-9251	911	16	selection	selection	NOUN
cjal-9251	911	17	and	and	CCONJ
cjal-9251	911	18	promotion	promotion	NOUN
cjal-9251	911	19	in	in	ADP
cjal-9251	911	20	china-	china-	X
cjal-9251	911	21	·	·	PUNCT
cjal-9251	911	22	the	the	DET
cjal-9251	911	23	case	case	NOUN
cjal-9251	911	24	of	of	ADP
cjal-9251	911	25	mudanjiang	mudanjiang	PROPN
cjal-9251	911	26	city	city	PROPN
cjal-9251	911	27	,	,	PUNCT
cjal-9251	911	28	8	8	NUM
cjal-9251	911	29	bus	bus	NOUN
cjal-9251	911	30	.	.	PUNCT
cjal-9251	912	1	pub	pub	NOUN
cjal-9251	912	2	.	.	PUNCT
cjal-9251	913	1	admin	admin	PROPN
cjal-9251	913	2	.	.	PUNCT
cjal-9251	913	3	stud	stud	PROPN
cjal-9251	913	4	.	.	PUNCT
cjal-9251	914	1	48	48	NUM
cjal-9251	914	2	(	(	PUNCT
cjal-9251	914	3	2014	2014	NUM
cjal-9251	914	4	)	)	PUNCT
cjal-9251	914	5	.	.	PUNCT
cjal-9251	915	1	261	261	NUM
cjal-9251	915	2	maria	maria	PROPN
cjal-9251	915	3	edin	edin	PROPN
cjal-9251	915	4	,	,	PUNCT
cjal-9251	915	5	remaking	remake	VERB
cjal-9251	915	6	the	the	DET
cjal-9251	915	7	communist	communist	ADJ
cjal-9251	915	8	party	party	NOUN
cjal-9251	915	9	-	-	PUNCT
cjal-9251	915	10	state	state	NOUN
cjal-9251	915	11	:	:	PUNCT
cjal-9251	915	12	the	the	DET
cjal-9251	915	13	cadre	cadre	NOUN
cjal-9251	915	14	responsibility	responsibility	NOUN
cjal-9251	915	15	system	system	NOUN
cjal-9251	915	16	at	at	ADP
cjal-9251	915	17	the	the	DET
cjal-9251	915	18	local	local	ADJ
cjal-9251	915	19	leuel	leuel	NOUN
cjal-9251	915	20	in	in	ADP
cjal-9251	915	21	china	china	PROPN
cjal-9251	915	22	,	,	PUNCT
cjal-9251	915	23	1	1	NUM
cjal-9251	915	24	china	china	NOUN
cjal-9251	915	25	:	:	PUNCT
cjal-9251	915	26	int	int	NOUN
cjal-9251	915	27	.	.	PUNCT
cjal-9251	916	1	j.	j.	PROPN
cjal-9251	916	2	1	1	NUM
cjal-9251	916	3	(	(	PUNCT
cjal-9251	916	4	2003	2003	NUM
cjal-9251	916	5	)	)	PUNCT
cjal-9251	916	6	.	.	PUNCT
cjal-9251	917	1	26"2	26"2	NUM
cjal-9251	917	2	see	see	VERB
cjal-9251	917	3	text	text	NOUN
cjal-9251	917	4	accompanying	accompanying	ADJ
cjal-9251	917	5	note	note	NOUN
cjal-9251	917	6	243	243	NUM
cjal-9251	917	7	,	,	PUNCT
cjal-9251	917	8	supra	supra	PROPN
cjal-9251	917	9	.	.	PUNCT
cjal-9251	918	1	see	see	VERB
cjal-9251	918	2	also	also	ADV
cjal-9251	918	3	implementation	implementation	NOUN
cjal-9251	918	4	rules	rule	NOUN
cjal-9251	918	5	of	of	ADP
cjal-9251	918	6	the	the	DET
cjal-9251	918	7	shanghai	shanghai	PROPN
cjal-9251	918	8	angel	angel	NOUN
cjal-9251	918	9	investments	investments	PROPN
cjal-9251	918	10	guidance	guidance	NOUN
cjal-9251	918	11	fund	fund	NOUN
cjal-9251	918	12	,	,	PUNCT
cjal-9251	918	13	s11pra	s11pra	PROPN
cjal-9251	918	14	note	note	NOUN
cjal-9251	918	15	236	236	NUM
cjal-9251	918	16	.	.	NOUN
cjal-9251	918	17	263	263	NUM
cjal-9251	919	1	te	te	PROPN
cjal-9251	919	2	lep	lep	PROPN
cjal-9251	919	3	hon	hon	PROPN
cjal-9251	919	4	e	e	PROPN
cjal-9251	919	5	interview	interview	NOUN
cjal-9251	919	6	with	with	ADP
cjal-9251	919	7	mr	mr	PROPN
cjal-9251	919	8	.	.	PROPN
cjal-9251	919	9	w	w	PROPN
cjal-9251	919	10	,	,	PUNCT
cjal-9251	919	11	head	head	NOUN
cjal-9251	919	12	of	of	ADP
cjal-9251	919	13	the	the	DET
cjal-9251	919	14	general	general	ADJ
cjal-9251	919	15	office	office	NOUN
cjal-9251	919	16	of	of	ADP
cjal-9251	919	17	human	human	ADJ
cjal-9251	919	18	resource	resource	NOUN
cjal-9251	919	19	departm	departm	PROPN
cjal-9251	919	20	ent	ent	PROPN
cjal-9251	919	21	,	,	PUNCT
cjal-9251	919	22	guangdong	guangdong	PROPN
cjal-9251	919	23	branch	branch	PROPN
cjal-9251	919	24	of	of	ADP
cjal-9251	919	25	the	the	DET
cjal-9251	919	26	communist	communist	PROPN
cjal-9251	919	27	party	party	PROPN
cjal-9251	919	28	of	of	ADP
cjal-9251	919	29	china	china	PROPN
cjal-9251	919	30	(	(	PUNCT
cjal-9251	919	31	aug	aug	PROPN
cjal-9251	919	32	.	.	PROPN
cjal-9251	919	33	19	19	NUM
cjal-9251	919	34	,	,	PUNCT
cjal-9251	919	35	2016	2016	NUM
cjal-9251	919	36	)	)	PUNCT
cjal-9251	919	37	;	;	PUNCT
cjal-9251	919	38	telephone	telephone	NOUN
cjal-9251	919	39	intervi	intervi	VERB
cjal-9251	919	40	ew	ew	INTJ
cjal-9251	919	41	with	with	ADP
cjal-9251	919	42	mr	mr	PROPN
cjal-9251	919	43	.	.	PROPN
cjal-9251	919	44	z	z	PROPN
cjal-9251	919	45	,	,	PUNCT
cjal-9251	919	46	deputy	deputy	NOUN
cjal-9251	919	47	head	head	NOUN
cjal-9251	919	48	of	of	ADP
cjal-9251	919	49	panyu	panyu	NOUN
cjal-9251	919	50	district	district	PROPN
cjal-9251	919	51	of	of	ADP
cjal-9251	919	52	guangzhou	guangzhou	PROPN
cjal-9251	919	53	city	city	PROPN
cjal-9251	919	54	,	,	PUNCT
cjal-9251	919	55	guangdong	guangdong	PROPN
cjal-9251	919	56	province	province	PROPN
cjal-9251	919	57	(	(	PUNCT
cjal-9251	919	58	aug	aug	PROPN
cjal-9251	919	59	.	.	PROPN
cjal-9251	919	60	20	20	NUM
cjal-9251	919	61	,	,	PUNCT
cjal-9251	919	62	2016	2016	NUM
cjal-9251	919	63	)	)	PUNCT
cjal-9251	919	64	.	.	PUNCT
cjal-9251	920	1	264	264	NUM
cjal-9251	920	2	see	see	VERB
cjal-9251	920	3	text	text	NOUN
cjal-9251	920	4	accompanying	accompany	VERB
cjal-9251	920	5	notes	note	NOUN
cjal-9251	920	6	237	237	NUM
cjal-9251	920	7	-	-	SYM
cjal-9251	920	8	238	238	NUM
cjal-9251	920	9	,	,	PUNCT
cjal-9251	920	10	supra	supra	NOUN
cjal-9251	920	11	;	;	PUNCT
cjal-9251	920	12	implementation	implementation	NOUN
cjal-9251	920	13	rules	rule	NOUN
cjal-9251	920	14	of	of	ADP
cjal-9251	920	15	the	the	DET
cjal-9251	920	16	shanghai	shanghai	PROPN
cjal-9251	920	17	angel	angel	NOUN
cjal-9251	920	18	investments	investments	PROPN
cjal-9251	920	19	guidance	guidance	NOUN
cjal-9251	920	20	fund	fund	NOUN
cjal-9251	920	21	,	,	PUNCT
cjal-9251	920	22	supra	supra	PROPN
cjal-9251	920	23	note	note	PROPN
cjal-9251	920	24	236	236	NUM
cjal-9251	920	25	.	.	PUNCT
cjal-9251	921	1	26.5	26.5	NUM
cjal-9251	921	2	see	see	NOUN
cjal-9251	921	3	figure	figure	NOUN
cjal-9251	921	4	1	1	NUM
cjal-9251	921	5	,	,	PUNCT
cjal-9251	921	6	supra	supra	NOUN
cjal-9251	921	7	.	.	PUNCT
cjal-9251	922	1	266	266	NUM
cjal-9251	922	2	zero2ipo	zero2ipo	NOUN
cjal-9251	922	3	research	research	NOUN
cjal-9251	922	4	center	center	NOUN
cjal-9251	922	5	,	,	PUNCT
cjal-9251	922	6	supra	supra	PROPN
cjal-9251	922	7	note	note	PROPN
cjal-9251	922	8	85	85	NUM
cjal-9251	922	9	.	.	NOUN
cjal-9251	922	10	261	261	NUM
cjal-9251	922	11	see	see	NOUN
cjal-9251	922	12	figure	figure	NOUN
cjal-9251	922	13	1	1	NUM
cjal-9251	922	14	,	,	PUNCT
cjal-9251	922	15	supra	supra	ADJ
cjal-9251	922	16	.	.	PUNCT
cjal-9251	923	1	198	198	NUM
cjal-9251	923	2	columbia	columbia	PROPN
cjal-9251	923	3	jo	jo	PROPN
cjal-9251	923	4	urnal	urnal	PROPN
cjal-9251	923	5	of	of	ADP
cjal-9251	923	6	asian	asian	ADJ
cjal-9251	923	7	law	law	NOUN
cjal-9251	924	1	[	[	X
cjal-9251	924	2	vol	vol	NOUN
cjal-9251	924	3	.	.	PUNCT
cjal-9251	924	4	30:160	30:160	NUM
cjal-9251	924	5	in	in	ADP
cjal-9251	924	6	the	the	DET
cjal-9251	924	7	prov1s1on	prov1s1on	NOUN
cjal-9251	924	8	of	of	ADP
cjal-9251	924	9	funding	funding	NOUN
cjal-9251	924	10	for	for	ADP
cjal-9251	924	11	vc	vc	PROPN
cjal-9251	924	12	.	.	PROPN
cjal-9251	924	13	268	268	NUM
cjal-9251	924	14	this	this	PRON
cjal-9251	924	15	involves	involve	VERB
cjal-9251	924	16	attracting	attract	VERB
cjal-9251	924	17	more	more	ADJ
cjal-9251	924	18	private	private	ADJ
cjal-9251	924	19	investors	investor	NOUN
cjal-9251	924	20	and	and	CCONJ
cjal-9251	924	21	reducing	reduce	VERB
cjal-9251	924	22	government	government	NOUN
cjal-9251	924	23	intervention	intervention	NOUN
cjal-9251	924	24	in	in	ADP
cjal-9251	924	25	the	the	DET
cjal-9251	924	26	operation	operation	NOUN
cjal-9251	924	27	of	of	ADP
cjal-9251	924	28	the	the	DET
cjal-9251	924	29	ggfs.269	ggfs.269	PROPN
cjal-9251	924	30	since	since	SCONJ
cjal-9251	924	31	2015	2015	NUM
cjal-9251	924	32	,	,	PUNCT
cjal-9251	924	33	government	government	NOUN
cjal-9251	924	34	agencies	agency	NOUN
cjal-9251	924	35	including	include	VERB
cjal-9251	924	36	the	the	DET
cjal-9251	924	37	rational	rational	ADJ
cjal-9251	924	38	development	development	NOUN
cjal-9251	924	39	and	and	CCONJ
cjal-9251	924	40	reform	reform	NOUN
cjal-9251	924	41	commission	commission	PROPN
cjal-9251	924	42	(	(	PUNCT
cjal-9251	924	43	ndrc	ndrc	PROPN
cjal-9251	924	44	)	)	PUNCT
cjal-9251	924	45	and	and	CCONJ
cjal-9251	924	46	ministry	ministry	PROPN
cjal-9251	924	47	of	of	ADP
cjal-9251	924	48	finance	finance	PROPN
cjal-9251	924	49	,	,	PUNCT
cjal-9251	924	50	as	as	ADV
cjal-9251	924	51	well	well	ADV
cjal-9251	924	52	as	as	ADP
cjal-9251	924	53	many	many	ADJ
cjal-9251	924	54	local	local	ADJ
cjal-9251	924	55	governments	government	NOUN
cjal-9251	924	56	have	have	AUX
cjal-9251	924	57	issued	issue	VERB
cjal-9251	924	58	measure	measure	NOUN
cjal-9251	924	59	s	s	NOUN
cjal-9251	924	60	to	to	PART
cjal-9251	924	61	reduce	reduce	VERB
cjal-9251	924	62	government	government	NOUN
cjal-9251	924	63	intervention	intervention	NOUN
cjal-9251	924	64	in	in	ADP
cjal-9251	924	65	the	the	DET
cjal-9251	924	66	fundrai	fundrai	NOUN
cjal-9251	924	67	sing	sing	NOUN
cjal-9251	924	68	and	and	CCONJ
cjal-9251	924	69	operation	operation	NOUN
cjal-9251	924	70	of	of	ADP
cjal-9251	924	71	local	local	ADJ
cjal-9251	924	72	ggfs	ggfs	NOUN
cjal-9251	924	73	and	and	CCONJ
cjal-9251	924	74	mandate	mandate	VERB
cjal-9251	924	75	the	the	DET
cjal-9251	924	76	market	market	NOUN
cjal-9251	924	77	-	-	PUNCT
cjal-9251	924	78	oriented	orient	VERB
cjal-9251	924	79	approach	approach	NOUN
cjal-9251	924	80	among	among	ADP
cjal-9251	924	81	ggfs	ggfs	NOUN
cjal-9251	924	82	.	.	PUNCT
cjal-9251	925	1	2io	2io	NOUN
cjal-9251	925	2	for	for	ADP
cjal-9251	925	3	example	example	NOUN
cjal-9251	925	4	,	,	PUNCT
cjal-9251	925	5	the	the	DET
cjal-9251	925	6	interim	interim	ADJ
cjal-9251	925	7	measures	measure	NOUN
cjal-9251	925	8	of	of	ADP
cjal-9251	925	9	the	the	DET
cjal-9251	925	10	government	government	NOUN
cjal-9251	925	11	inv	inv	ADJ
cjal-9251	925	12	estme	estme	NOUN
cjal-9251	925	13	nt	nt	ADP
cjal-9251	925	14	fund	fund	NOUN
cjal-9251	925	15	2015	2015	NUM
cjal-9251	925	16	,	,	PUNCT
cjal-9251	925	17	which	which	PRON
cjal-9251	925	18	govern	govern	VERB
cjal-9251	925	19	ggfs	ggfs	NOUN
cjal-9251	925	20	,	,	PUNCT
cjal-9251	925	21	specify	specify	VERB
cjal-9251	925	22	that	that	SCONJ
cjal-9251	925	23	ggfs	ggfs	NOUN
cjal-9251	925	24	should	should	AUX
cjal-9251	925	25	operate	operate	VERB
cjal-9251	925	26	based	base	VERB
cjal-9251	925	27	on	on	ADP
cjal-9251	925	28	market	market	NOUN
cjal-9251	925	29	forces	force	NOUN
cjal-9251	925	30	and	and	CCONJ
cjal-9251	925	31	the	the	DET
cjal-9251	925	32	fund	fund	NOUN
cjal-9251	925	33	should	should	AUX
cjal-9251	925	34	be	be	AUX
cjal-9251	925	35	managed	manage	VERB
cjal-9251	925	36	by	by	ADP
cjal-9251	925	37	professional	professional	ADJ
cjal-9251	925	38	gps	gps	PROPN
cjal-9251	925	39	instead	instead	ADV
cjal-9251	925	40	of	of	ADP
cjal-9251	925	41	the	the	DET
cjal-9251	925	42	government	government	NOUN
cjal-9251	925	43	.	.	PUNCT
cjal-9251	926	1	271	271	NUM
cjal-9251	926	2	the	the	DET
cjal-9251	926	3	ndrc	ndrc	PROPN
cjal-9251	926	4	interim	interim	ADJ
cjal-9251	926	5	measures	measure	NOUN
cjal-9251	926	6	for	for	ADP
cjal-9251	926	7	management	management	NOUN
cjal-9251	926	8	of	of	ADP
cjal-9251	926	9	government	government	NOUN
cjal-9251	926	10	funded	fund	VERB
cjal-9251	926	11	indu	indu	NOUN
cjal-9251	926	12	stria	stria	NOUN
cjal-9251	926	13	l	l	PROPN
cjal-9251	926	14	inve	inve	PROPN
cjal-9251	926	15	stme	stme	PROPN
cjal-9251	926	16	nt	not	PART
cjal-9251	926	17	fund	fund	PROPN
cjal-9251	926	18	2016	2016	NUM
cjal-9251	926	19	also	also	ADV
cjal-9251	926	20	specified	specify	VERB
cjal-9251	926	21	that	that	SCONJ
cjal-9251	926	22	the	the	DET
cjal-9251	926	23	government	government	NOUN
cjal-9251	926	24	investm	investm	NOUN
cjal-9251	926	25	ent	ent	PROPN
cjal-9251	926	26	funds	fund	NOUN
cjal-9251	926	27	sha	sha	PROPN
cjal-9251	926	28	ll	ll	AUX
cjal-9251	926	29	operate	operate	VERB
cjal-9251	926	30	based	base	VERB
cjal-9251	926	31	on	on	ADP
cjal-9251	926	32	market	market	NOUN
cjal-9251	926	33	forces	force	NOUN
cjal-9251	926	34	and	and	CCONJ
cjal-9251	926	35	the	the	DET
cjal-9251	926	36	government	government	NOUN
cjal-9251	926	37	who	who	PRON
cjal-9251	926	38	provides	provide	VERB
cjal-9251	926	39	capital	capital	NOUN
cjal-9251	926	40	"	"	PUNCT
cjal-9251	926	41	shall	shall	AUX
cjal-9251	926	42	not	not	PART
cjal-9251	926	43	participate	participate	VERB
cjal-9251	926	44	in	in	ADP
cjal-9251	926	45	the	the	DET
cjal-9251	926	46	daily	daily	ADJ
cjal-9251	926	47	operation	operation	NOUN
cjal-9251	926	48	of	of	ADP
cjal-9251	926	49	th	th	X
cjal-9251	926	50	e	e	NOUN
cjal-9251	926	51	funds	fund	NOUN
cjal-9251	926	52	.	.	PUNCT
cjal-9251	927	1	"	"	PUNCT
cjal-9251	927	2	272	272	NUM
cjal-9251	927	3	thi	thi	PART
cjal-9251	927	4	s	s	PRON
cjal-9251	927	5	would	would	AUX
cjal-9251	927	6	allow	allow	VERB
cjal-9251	927	7	venture	venture	NOUN
cjal-9251	927	8	capitalists	capitalist	NOUN
cjal-9251	927	9	and	and	CCONJ
cjal-9251	927	10	entrepreneurs	entrepreneur	NOUN
cjal-9251	927	11	to	to	PART
cjal-9251	927	12	work	work	VERB
cjal-9251	927	13	more	more	ADV
cjal-9251	927	14	effectively	effectively	ADV
cjal-9251	927	15	and	and	CCONJ
cjal-9251	927	16	achieve	achieve	VERB
cjal-9251	927	17	positive	positive	ADJ
cjal-9251	927	18	results	result	NOUN
cjal-9251	927	19	in	in	ADP
cjal-9251	927	20	a	a	DET
cjal-9251	927	21	venture	venture	NOUN
cjal-9251	927	22	capital	capital	NOUN
cjal-9251	927	23	cycle	cycle	NOUN
cjal-9251	927	24	that	that	PRON
cjal-9251	927	25	is	be	AUX
cjal-9251	927	26	driven	drive	VERB
cjal-9251	927	27	primarily	primarily	ADV
cjal-9251	927	28	by	by	ADP
cjal-9251	927	29	market	market	NOUN
cjal-9251	927	30	forces	force	NOUN
cjal-9251	927	31	.	.	PUNCT
cjal-9251	928	1	notably	notably	ADV
cjal-9251	928	2	,	,	PUNCT
cjal-9251	928	3	the	the	DET
cjal-9251	928	4	national	national	ADJ
cjal-9251	928	5	-	-	PUNCT
cjal-9251	928	6	level	level	NOUN
cjal-9251	928	7	svcigf	svcigf	NOUN
cjal-9251	928	8	is	be	AUX
cjal-9251	928	9	also	also	ADV
cjal-9251	928	10	a	a	DET
cjal-9251	928	11	positive	positive	ADJ
cjal-9251	928	12	step	step	NOUN
cjal-9251	928	13	forward	forward	ADV
cjal-9251	928	14	on	on	ADP
cjal-9251	928	15	both	both	DET
cjal-9251	928	16	points	point	NOUN
cjal-9251	928	17	.	.	PUNCT
cjal-9251	929	1	273	273	NUM
cjal-9251	929	2	the	the	DET
cjal-9251	929	3	svcigf	svcigf	NOUN
cjal-9251	929	4	comprises	comprise	VERB
cjal-9251	929	5	40	40	NUM
cjal-9251	929	6	billion	billion	NUM
cjal-9251	929	7	rmb	rmb	NOUN
cjal-9251	929	8	of	of	ADP
cjal-9251	929	9	capital	capital	NOUN
cjal-9251	929	10	funding	funding	NOUN
cjal-9251	929	11	,	,	PUNCT
cjal-9251	929	12	with	with	ADP
cjal-9251	929	13	10	10	NUM
cjal-9251	929	14	-	-	SYM
cjal-9251	929	15	15	15	NUM
cjal-9251	929	16	billion	billion	NUM
cjal-9251	929	17	rmb	rmb	NOUN
cjal-9251	929	18	coming	come	VERB
cjal-9251	929	19	from	from	ADP
cjal-9251	929	20	the	the	DET
cjal-9251	929	21	government	government	NOUN
cjal-9251	929	22	and	and	CCONJ
cjal-9251	929	23	the	the	DET
cjal-9251	929	24	remaining	remain	VERB
cjal-9251	929	25	25	25	NUM
cjal-9251	929	26	-	-	SYM
cjal-9251	929	27	30	30	NUM
cjal-9251	929	28	billion	billion	NUM
cjal-9251	929	29	rmb	rmb	NOUN
cjal-9251	929	30	from	from	ADP
cjal-9251	929	31	other	other	ADJ
cjal-9251	929	32	inv	inv	ADJ
cjal-9251	929	33	estors	estor	NOUN
cjal-9251	929	34	such	such	ADJ
cjal-9251	929	35	as	as	ADP
cjal-9251	929	36	private	private	ADJ
cjal-9251	929	37	enterprises	enterprise	NOUN
cjal-9251	929	38	and	and	CCONJ
cjal-9251	929	39	institutional	institutional	ADJ
cjal-9251	929	40	investors	investor	NOUN
cjal-9251	929	41	.	.	PUNCT
cjal-9251	930	1	274	274	NUM
cjal-9251	930	2	with	with	ADP
cjal-9251	930	3	a	a	DET
cjal-9251	930	4	target	target	NOUN
cjal-9251	930	5	of	of	ADP
cjal-9251	930	6	40	40	NUM
cjal-9251	930	7	billion	billion	NUM
cjal-9251	930	8	rmb	rmb	NOUN
cjal-9251	930	9	,	,	PUNCT
cjal-9251	930	10	tog	tog	PROPN
cjal-9251	930	11	ether	ether	NOUN
cjal-9251	930	12	with	with	ADP
cjal-9251	930	13	a	a	DET
cjal-9251	930	14	number	number	NOUN
cjal-9251	930	15	of	of	ADP
cjal-9251	930	16	forthcoming	forthcoming	ADJ
cjal-9251	930	17	local	local	ADJ
cjal-9251	930	18	ggfs	ggfs	NOUN
cjal-9251	930	19	,	,	PUNCT
cjal-9251	930	20	the	the	DET
cjal-9251	930	21	svcigf	svcigf	NOUN
cjal-9251	930	22	tackles	tackle	VERB
cjal-9251	930	23	the	the	DET
cjal-9251	930	24	problem	problem	NOUN
cjal-9251	930	25	of	of	ADP
cjal-9251	930	26	the	the	DET
cjal-9251	930	27	old	old	ADJ
cjal-9251	930	28	ggfs	ggfs	NOUN
cjal-9251	930	29	being	be	AUX
cjal-9251	930	30	too	too	ADV
cjal-9251	930	31	small	small	ADJ
cjal-9251	930	32	to	to	PART
cjal-9251	930	33	make	make	VERB
cjal-9251	930	34	a	a	DET
cjal-9251	930	35	difference	difference	NOUN
cjal-9251	930	36	in	in	ADP
cjal-9251	930	37	guiding	guide	VERB
cjal-9251	930	38	capital	capital	NOUN
cjal-9251	930	39	flow	flow	NOUN
cjal-9251	930	40	to	to	PART
cjal-9251	930	41	start	start	VERB
cjal-9251	930	42	-up	-up	VERB
cjal-9251	930	43	s.	s.	PROPN
cjal-9251	930	44	moreover	moreover	ADV
cjal-9251	930	45	,	,	PUNCT
cjal-9251	930	46	by	by	ADP
cjal-9251	930	47	allowing	allow	VERB
cjal-9251	930	48	more	more	ADJ
cjal-9251	930	49	than	than	ADP
cjal-9251	930	50	half	half	DET
cjal-9251	930	51	the	the	DET
cjal-9251	930	52	funding	funding	NOUN
cjal-9251	930	53	to	to	PART
cjal-9251	930	54	originate	originate	VERB
cjal-9251	930	55	frorg	frorg	NOUN
cjal-9251	930	56	.	.	PUNCT
cjal-9251	931	1	the	the	DET
cjal-9251	931	2	private	private	ADJ
cjal-9251	931	3	sector	sector	NOUN
cjal-9251	931	4	,	,	PUNCT
cjal-9251	931	5	government	government	NOUN
cjal-9251	931	6	interference	interference	NOUN
cjal-9251	931	7	is	be	AUX
cjal-9251	931	8	mitigated	mitigate	VERB
cjal-9251	931	9	,	,	PUNCT
cjal-9251	931	10	and	and	CCONJ
cjal-9251	931	11	the	the	DET
cjal-9251	931	12	fund	fund	NOUN
cjal-9251	931	13	is	be	AUX
cjal-9251	931	14	likely	likely	ADJ
cjal-9251	931	15	to	to	PART
cjal-9251	931	16	rely	rely	VERB
cjal-9251	931	17	chiefly	chiefly	ADV
cjal-9251	931	18	on	on	ADP
cjal-9251	931	19	the	the	DET
cjal-9251	931	20	market	market	NOUN
cjal-9251	931	21	for	for	ADP
cjal-9251	931	22	guidance	guidance	NOUN
cjal-9251	931	23	.	.	PUNCT
cjal-9251	932	1	fund	fund	NOUN
cjal-9251	932	2	managers	manager	NOUN
cjal-9251	932	3	can	can	AUX
cjal-9251	932	4	mak	mak	PROPN
cjal-9251	932	5	e	e	ADP
cjal-9251	932	6	more	more	ADV
cjal-9251	932	7	informed	informed	ADJ
cjal-9251	932	8	commercial	commercial	ADJ
cjal-9251	932	9	decisions	decision	NOUN
cjal-9251	932	10	on	on	ADP
cjal-9251	932	11	capital	capital	NOUN
cjal-9251	932	12	allocation.27	allocation.27	NOUN
cjal-9251	932	13	5	5	NUM
cjal-9251	932	14	furthermore	furthermore	ADV
cjal-9251	932	15	,	,	PUNCT
cjal-9251	932	16	investmentwise	investmentwise	ADJ
cjal-9251	932	17	,	,	PUNCT
cjal-9251	932	18	the	the	DET
cjal-9251	932	19	svcigf	svcigf	NOUN
cjal-9251	932	20	will	will	AUX
cjal-9251	932	21	invite	invite	VERB
cjal-9251	932	22	public	public	ADJ
cjal-9251	932	23	tenders	tender	NOUN
cjal-9251	932	24	from	from	ADP
cjal-9251	932	25	professional	professional	ADJ
cjal-9251	932	26	fund	fund	NOUN
cjal-9251	932	27	manag	manag	NOUN
cjal-9251	932	28	ers	er	NOUN
cjal-9251	932	29	and	and	CCONJ
cjal-9251	932	30	give	give	VERB
cjal-9251	932	31	priority	priority	NOUN
cjal-9251	932	32	for	for	ADP
cjal-9251	932	33	r	r	NOUN
cjal-9251	932	34	et	et	NOUN
cjal-9251	932	35	urn	urn	NOUN
cjal-9251	932	36	s	s	PART
cjal-9251	932	37	to	to	ADP
cjal-9251	932	38	private	private	ADJ
cjal-9251	932	39	investors	investor	NOUN
cjal-9251	932	40	.	.	PUNCT
cjal-9251	933	1	2i6	2i6	NUM
cjal-9251	933	2	268	268	NUM
cjal-9251	934	1	i	i	PRON
cjal-9251	934	2	d.	d.	PROPN
cjal-9251	934	3	269	269	NUM
cjal-9251	934	4	see	see	VERB
cjal-9251	934	5	zero2ipo	zero2ipo	PROPN
cjal-9251	934	6	,	,	PUNCT
cjal-9251	934	7	supra	supra	PROPN
cjal-9251	934	8	note	note	PROPN
cjal-9251	934	9	85	85	NUM
cjal-9251	934	10	.	.	X
cjal-9251	934	11	210	210	NUM
cjal-9251	934	12	see	see	VERB
cjal-9251	934	13	appendex	appendex	NOUN
cjal-9251	934	14	2	2	NUM
cjal-9251	934	15	,	,	PUNCT
cjal-9251	934	16	infra	infra	NOUN
cjal-9251	934	17	.	.	PUNCT
cjal-9251	935	1	271	271	NUM
cjal-9251	935	2	see	see	VERB
cjal-9251	935	3	,	,	PUNCT
cjal-9251	935	4	e.g.	e.g.	ADV
cjal-9251	935	5	,	,	PUNCT
cjal-9251	935	6	interim	interim	ADJ
cjal-9251	935	7	measures	measure	NOUN
cjal-9251	935	8	on	on	ADP
cjal-9251	935	9	government	government	NOUN
cjal-9251	935	10	investment	investment	NOUN
cjal-9251	935	11	funds	fund	NOUN
cjal-9251	935	12	,	,	PUNCT
cjal-9251	935	13	supra	supra	PROPN
cjal-9251	935	14	note	note	NOUN
cjal-9251	935	15	259	259	NUM
cjal-9251	935	16	,	,	PUNCT
cjal-9251	935	17	art	art	NOUN
cjal-9251	935	18	.	.	PUNCT
cjal-9251	936	1	11	11	NUM
cjal-9251	936	2	.	.	PUNCT
cjal-9251	937	1	z	z	X
cjal-9251	937	2	~	~	PROPN
cjal-9251	937	3	engfu	engfu	PROPN
cjal-9251	937	4	ch	ch	PROPN
cjal-9251	937	5	~	~	PROPN
cjal-9251	937	6	zi	zi	PROPN
cjal-9251	937	7	chanye	chanye	PROPN
cjal-9251	937	8	tou	tou	PROPN
cjal-9251	937	9	zi	zi	PROPN
cjal-9251	937	10	jijin	jijin	PROPN
cjal-9251	937	11	guanli	guanli	PROPN
cjal-9251	937	12	zanx.ing	zanx.ing	PROPN
cjal-9251	937	13	banfa	banfa	NOUN
cjal-9251	937	14	(	(	PUNCT
cjal-9251	937	15	~.l(ft±llltl''ilkt!!:!if~~ff	~.l(ft±llltl''ilkt!!:!if~~ff	NOUN
cjal-9251	937	16	j1i	j1i	PROPN
cjal-9251	937	17	!	!	PUNCT
cjal-9251	937	18	.	.	PUNCT
cjal-9251	938	1	'	'	PUNCT
cjal-9251	938	2	fr	fr	INTJ
cjal-9251	938	3	:	:	PUNCT
cjal-9251	938	4	/j	/j	ADJ
cjal-9251	938	5	,	,	PUNCT
cjal-9251	938	6	r'.1	r'.1	NOUN
cjal-9251	938	7	;	;	PUNCT
cjal-9251	938	8	;)	;)	PUNCT
cjal-9251	939	1	[	[	X
cjal-9251	939	2	interim	interim	ADJ
cjal-9251	939	3	measures	measure	NOUN
cjal-9251	939	4	for	for	ADP
cjal-9251	939	5	government	government	NOUN
cjal-9251	939	6	funded	fund	VERB
cjal-9251	939	7	industrial	industrial	ADJ
cjal-9251	939	8	investment	investment	NOUN
cjal-9251	939	9	fund	fund	NOUN
cjal-9251	939	10	management	management	NOUN
cjal-9251	939	11	]	]	PUNCT
cjal-9251	939	12	(	(	PUNCT
cjal-9251	939	13	promu	promu	NOUN
cjal-9251	939	14	lgated	lgate	VERB
cjal-9251	939	15	by	by	ADP
cjal-9251	939	16	the	the	DET
cjal-9251	939	17	nat	nat	NOUN
cjal-9251	939	18	'	'	PUNCT
cjal-9251	939	19	!	!	PUNCT
cjal-9251	940	1	dev	dev	PROPN
cjal-9251	940	2	.	.	PUNCT
cjal-9251	941	1	and	and	CCONJ
cjal-9251	941	2	reform	reform	NOUN
cjal-9251	941	3	comm	comm	NOUN
cjal-9251	941	4	dec	dec	PROPN
cjal-9251	941	5	30	30	NUM
cjal-9251	941	6	2016	2016	NUM
cjal-9251	941	7	effective	effective	ADJ
cjal-9251	941	8	apr	apr	NOUN
cjal-9251	941	9	.	.	PROPN
cjal-9251	941	10	1	1	NUM
cjal-9251	941	11	,	,	PUNCT
cjal-9251	941	12	2017	2017	NUM
cjal-9251	941	13	)	)	PUNCT
cjal-9251	941	14	art	art	NOUN
cjal-9251	941	15	.	.	PUNCT
cjal-9251	942	1	6	6	NUM
cjal-9251	942	2	.	.	NUM
cjal-9251	942	3	,	,	PUNCT
cjal-9251	942	4	http://bit.ly/2tzxtvj	http://bit.ly/2tzxtvj	PROPN
cjal-9251	942	5	.	.	PUNCT
cjal-9251	942	6	·	·	PUNCT
cjal-9251	942	7	·	·	PUNCT
cjal-9251	942	8	'	'	PUNCT
cjal-9251	942	9	'	'	PUNCT
cjal-9251	942	10	2	2	NUM
cjal-9251	942	11	:	:	SYM
cjal-9251	942	12	•	•	NUM
cjal-9251	942	13	see	see	VERB
cjal-9251	942	14	d	d	X
cjal-9251	942	15	~	~	PUNCT
cjal-9251	942	16	agra~	agra~	PROPN
cjal-9251	942	17	1	1	NUM
cjal-9251	942	18	,	,	PUNCT
cjal-9251	942	19	infra	infra	NOUN
cjal-9251	942	20	(	(	PUNCT
cjal-9251	942	21	outlining	outline	VERB
cjal-9251	942	22	the	the	DET
cjal-9251	942	23	structure	structure	NOUN
cjal-9251	942	24	and	and	CCONJ
cjal-9251	942	25	capital	capital	NOUN
cjal-9251	942	26	flows	flow	NOUN
cjal-9251	942	27	of	of	ADP
cjal-9251	942	28	the	the	DET
cjal-9251	942	29	svcigf	svcigf	NOUN
cjal-9251	942	30	)	)	PUNCT
cjal-9251	942	31	.	.	PUNCT
cjal-9251	943	1	2	2	NUM
cjal-9251	943	2	'	'	NUM
cjal-9251	943	3	4	4	NUM
cjal-9251	943	4	400	400	NUM
cjal-9251	943	5	y1	y1	NOUN
cjal-9251	943	6	guoj1a	guoj1a	ADJ
cjal-9251	943	7	chuangtou	chuangtou	PROPN
cjal-9251	943	8	jijin	jijin	PROPN
cjal-9251	943	9	ding	ding	PROPN
cjal-9251	943	10	f	f	PROPN
cjal-9251	943	11	s	s	PART
cjal-9251	943	12	•	•	PROPN
cjal-9251	943	13	·	·	PUNCT
cjal-9251	943	14	•	•	NUM
cjal-9251	943	15	•	•	NOUN
cjal-9251	943	16	n	n	PRON
cjal-9251	943	17	13i1*~1t,!:~~l]i!il~•w	13i1*~1t,!:~~l]i!il~•w	NUM
cjal-9251	943	18	:	:	PUNCT
cjal-9251	943	19	tt	tt	PROPN
cjal-9251	943	20	-	-	PUNCT
cjal-9251	943	21	b~*-=-mt	b~*-=-mt	ADJ
cjal-9251	943	22	cen~	cen~	NOUN
cjal-9251	943	23	angan	angan	ADJ
cjal-9251	943	24	bej1	bej1	PROPN
cjal-9251	943	25	y1	y1	PROPN
cjal-9251	943	26	j1ben	j1ben	PROPN
cjal-9251	943	27	wancheng	wancheng	PROPN
cjal-9251	943	28	(	(	PUNCT
cjal-9251	943	29	400	400	NUM
cjal-9251	943	30	1u	1u	NUM
cjal-9251	944	1	i	i	PRON
cjal-9251	944	2	t	t	PROPN
cjal-9251	944	3	fu	fu	NOUN
cjal-9251	944	4	"	"	PUNCT
cjal-9251	944	5	d	d	NOUN
cjal-9251	944	6	.	.	PUNCT
cjal-9251	945	1	l	l	NOUN
cjal-9251	945	2	:	:	PUNCT
cjal-9251	945	3	:	:	PUNCT
cjal-9251	945	4	re	re	X
cjal-9251	945	5	)	)	PUNCT
cjal-9251	946	1	[	[	X
cjal-9251	946	2	the	the	DET
cjal-9251	946	3	design	design	NOUN
cjal-9251	946	4	of	of	ADP
cjal-9251	946	5	the	the	DET
cjal-9251	946	6	40	40	NUM
cjal-9251	946	7	billion	billion	NUM
cjal-9251	946	8	state	state	NOUN
cjal-9251	946	9	\	\	NOUN
cjal-9251	946	10	'	'	PUNCT
cjal-9251	946	11	enture	enture	NOUN
cjal-9251	946	12	capital	capital	NOUN
cjal-9251	946	13	nves	nve	VERB
cjal-9251	946	14	ment	ment	NOUN
cjal-9251	946	15	n	n	PROPN
cjal-9251	946	16	is	be	AUX
cjal-9251	946	17	a	a	DET
cjal-9251	946	18	most	most	ADV
cjal-9251	946	19	completed	complete	VERB
cjal-9251	946	20	)	)	PUNCT
cjal-9251	946	21	xinl	xinl	PUNCT
cjal-9251	947	1	c	c	PROPN
cjal-9251	947	2	·	·	PUNCT
cjal-9251	947	3	·	·	PUNCT
cjal-9251	947	4	·	·	PUNCT
cjal-9251	947	5	·	·	PUNCT
cjal-9251	947	6	30	30	NUM
cjal-9251	947	7	,	,	PUNCT
cjal-9251	947	8	2015	2015	NUM
cjal-9251	947	9	)	)	PUNCT
cjal-9251	947	10	,	,	PUNCT
cjal-9251	947	11	http://bit.ly/2tqft3e	http://bit.ly/2tqft3e	NUM
cjal-9251	947	12	.	.	PUNCT
cjal-9251	947	13	'	'	PUNCT
cjal-9251	948	1	ang	ang	PROPN
cjal-9251	948	2	aijmg	aijmg	VERB
cjal-9251	948	3	(	(	PUNCT
cjal-9251	948	4	ffi	ffi	PROPN
cjal-9251	948	5	~	~	PROPN
cjal-9251	948	6	m~	m~	PROPN
cjal-9251	948	7	)	)	PUNCT
cjal-9251	949	1	[	[	X
cjal-9251	949	2	slxa	slxa	X
cjal-9251	949	3	fina	fina	X
cjal-9251	949	4	.	.	PUNCT
cjal-9251	949	5	'-ce	'-ce	PROPN
cjal-9251	949	6	)	)	PUNCT
cjal-9251	950	1	(	(	PUNCT
cjal-9251	950	2	mar	mar	PROPN
cjal-9251	950	3	210	210	NUM
cjal-9251	950	4	i	i	PROPN
cjal-9251	950	5	d	d	PROPN
cjal-9251	950	6	.	.	PUNCT
cjal-9251	950	7	21s	21	NOUN
cjal-9251	951	1	i	i	PRON
cjal-9251	951	2	d.	d.	PROPN
cjal-9251	951	3	,	,	PUNCT
cjal-9251	951	4	government	government	NOUN
cjal-9251	951	5	&	&	CCONJ
cjal-9251	951	6	private	private	ADJ
cjal-9251	951	7	sector	sector	NOUN
cjal-9251	951	8	investors	investor	NOUN
cjal-9251	951	9	funds	fund	VERB
cjal-9251	951	10	crom	crom	PROPN
cjal-9251	951	11	the	the	DET
cjal-9251	951	12	central	central	ADJ
cjal-9251	951	13	government	government	NOUN
cjal-9251	951	14	matching	matching	NOUN
cjal-9251	951	15	funds	fund	NOUN
cjal-9251	951	16	from	from	ADP
cjal-9251	951	17	th	th	X
cjal-9251	951	18	e	e	X
cjal-9251	951	19	private	private	ADJ
cjal-9251	951	20	sector	sector	NOUN
cjal-9251	951	21	"	"	PUNCT
cjal-9251	951	22	fund	fund	NOUN
cjal-9251	951	23	of	of	ADP
cjal-9251	951	24	funds	fund	NOUN
cjal-9251	951	25	'	'	PART
cjal-9251	951	26	1	1	NUM
cjal-9251	951	27	h	h	NOUN
cjal-9251	951	28	arm	arm	NOUN
cjal-9251	951	29	's	's	PART
cjal-9251	951	30	length	length	NOUN
cjal-9251	951	31	fund	fund	NOUN
cjal-9251	951	32	of	of	ADP
cjal-9251	951	33	-funds	-fund	NOUN
cjal-9251	951	34	private	private	ADJ
cjal-9251	951	35	sector	sector	NOUN
cjal-9251	951	36	venture	venture	NOUN
cjal-9251	951	37	capital	capital	NOUN
cjal-9251	951	38	funds	fund	NOUN
cjal-9251	951	39	private	private	ADJ
cjal-9251	951	40	sector	sector	NOUN
cjal-9251	951	41	vc	vc	AUX
cjal-9251	951	42	fund	fund	VERB
cjal-9251	951	43	a	a	DET
cjal-9251	951	44	general	general	ADJ
cjal-9251	951	45	partner	partner	NOUN
cjal-9251	951	46	a	a	DET
cjal-9251	951	47	fund	fund	NOUN
cjal-9251	951	48	manager	manager	NOUN
cjal-9251	951	49	selected	select	VERB
cjal-9251	951	50	via	via	ADP
cjal-9251	951	51	public	public	ADJ
cjal-9251	951	52	bidding	bidding	NOUN
cjal-9251	951	53	private	private	ADJ
cjal-9251	951	54	sector	sector	NOUN
cjal-9251	951	55	vc	vc	PROPN
cjal-9251	951	56	fund	fund	PROPN
cjal-9251	951	57	n	n	PRON
cjal-9251	951	58	general	general	ADJ
cjal-9251	951	59	partner	partner	NOUN
cjal-9251	951	60	b	b	PROPN
cjal-9251	951	61	fund	fund	NOUN
cjal-9251	951	62	manager	manager	NOUN
cjal-9251	951	63	selected	select	VERB
cjal-9251	951	64	via	via	ADP
cjal-9251	951	65	public	public	ADJ
cjal-9251	951	66	bidding	bidding	NOUN
cjal-9251	951	67	private	private	ADJ
cjal-9251	951	68	sector	sector	NOUN
cjal-9251	951	69	vc	vc	PROPN
cjal-9251	951	70	fund	fund	PROPN
cjal-9251	951	71	c	c	PROPN
cjal-9251	951	72	general	general	PROPN
cjal-9251	951	73	partner	partner	PROPN
cjal-9251	951	74	c	c	PROPN
cjal-9251	951	75	fund	fund	NOUN
cjal-9251	951	76	manager	manager	NOUN
cjal-9251	951	77	selected	select	VERB
cjal-9251	951	78	via	via	ADP
cjal-9251	951	79	public	public	ADJ
cjal-9251	951	80	bidding	bidding	NOUN
cjal-9251	951	81	-~	-~	PROPN
cjal-9251	951	82	h	h	NOUN
cjal-9251	951	83	y	y	PROPN
cjal-9251	951	84	1	1	NUM
cjal-9251	951	85	-	-	PUNCT
cjal-9251	951	86	-r	-r	PROPN
cjal-9251	951	87	-	-	PUNCT
cjal-9251	951	88	l	l	NOUN
cjal-9251	951	89	h	h	NOUN
cjal-9251	952	1	y	y	PROPN
cjal-9251	952	2	-rl	-rl	NOUN
cjal-9251	952	3	y	y	PROPN
cjal-9251	952	4	4	4	NUM
cjal-9251	952	5	...	...	PUNCT
cjal-9251	952	6	individual	individual	ADJ
cjal-9251	952	7	private	private	ADJ
cjal-9251	952	8	companies	company	NOUN
cjal-9251	952	9	entrepre.neurlal	entrepre.neurlal	VERB
cjal-9251	952	10	firm	firm	NOUN
cjal-9251	952	11	x	x	SYM
cjal-9251	952	12	e.nt.repre	e.nt.repre	NOUN
cjal-9251	952	13	..	..	SYM
cjal-9251	952	14	neurial	neurial	ADJ
cjal-9251	952	15	firm	firm	ADJ
cjal-9251	952	16	y	y	PROPN
cjal-9251	952	17	entrepreneurial	entrepreneurial	ADJ
cjal-9251	952	18	firm	firm	NOUN
cjal-9251	952	19	z	z	PROPN
cjal-9251	952	20	entreprene	entreprene	NOUN
cjal-9251	952	21	ur	ur	PROPN
cjal-9251	952	22	ial	ial	PROPN
cjal-9251	952	23	firm	firm	NOUN
cjal-9251	952	24	a	a	DET
cjal-9251	952	25	en.treprencurlal	en.treprencurlal	X
cjal-9251	952	26	firm	firm	ADJ
cjal-9251	952	27	d	d	ADP
cjal-9251	952	28	entrepreneurial	entrepreneurial	ADJ
cjal-9251	952	29	flnn	flnn	NOUN
cjal-9251	952	30	c	c	PROPN
cjal-9251	952	31	entrepreneurial	entrepreneurial	ADJ
cjal-9251	952	32	firm	firm	NOUN
cjal-9251	952	33	t	t	PROPN
cjal-9251	952	34	entrepreneurial	entrepreneurial	ADJ
cjal-9251	952	35	firm	firm	NOUN
cjal-9251	952	36	2	2	NUM
cjal-9251	952	37	entreprene	entreprene	NOUN
cjal-9251	952	38	urial	urial	ADJ
cjal-9251	952	39	firm	firm	NOUN
cjal-9251	952	40	3	3	NUM
cjal-9251	952	41	1	1	NUM
cjal-9251	952	42	l	l	NOUN
cjal-9251	952	43	l	l	NOUN
cjal-9251	952	44	ti	ti	X
cjal-9251	952	45	>	>	X
cjal-9251	952	46	0	0	PUNCT
cjal-9251	953	1	i	i	NOUN
cjal-9251	953	2	1	1	NUM
cjal-9251	953	3	-	-	PUNCT
cjal-9251	953	4	-	-	PUNCT
cjal-9251	953	5	"	"	PUNCT
cjal-9251	953	6	'	'	PUNCT
cjal-9251	953	7	(	(	PUNCT
cjal-9251	953	8	/	/	SYM
cjal-9251	953	9	)	)	PUNCT
cjal-9251	953	10	.	.	PUNCT
cjal-9251	954	1	g	g	ADP
cjal-9251	954	2	t_,:j	t_,:j	NOUN
cjal-9251	954	3	00~	00~	PROPN
cjal-9251	954	4	<	<	X
cjal-9251	954	5	t	t	X
cjal-9251	954	6	>	>	X
cjal-9251	954	7	c:1	c:1	X
cjal-9251	954	8	80	80	NUM
cjal-9251	954	9	'	'	NUM
cjal-9251	954	10	-	-	PUNCT
cjal-9251	954	11	'	'	PUNCT
cjal-9251	954	12	"	"	PUNCT
cjal-9251	954	13	-3	-3	X
cjal-9251	954	14	~i	~i	PUNCT
cjal-9251	955	1	i	i	PRON
cjal-9251	955	2	q	q	X
cjal-9251	955	3	>	>	PUNCT
cjal-9251	955	4	"	"	PUNCT
cjal-9251	955	5	tj	tj	NOUN
cjal-9251	955	6	c	c	NOUN
cjal-9251	955	7	8	8	NUM
cjal-9251	955	8	(	(	PUNCT
cjal-9251	955	9	iq	iq	NOUN
cjal-9251	955	10	z	z	NOUN
cjal-9251	955	11	~t	~t	PUNCT
cjal-9251	955	12	:	:	PUNCT
cjal-9251	955	13	r	r	X
cjal-9251	955	14	'	'	PUNCT
cjal-9251	955	15	(	(	PUNCT
cjal-9251	955	16	!	!	PUNCT
cjal-9251	955	17	)	)	PUNCT
cjal-9251	956	1	p	p	X
cjal-9251	956	2	..	..	PUNCT
cjal-9251	956	3	(	(	PUNCT
cjal-9251	956	4	!	!	PUNCT
cjal-9251	956	5	)	)	PUNCT
cjal-9251	956	6	<	<	X
cjal-9251	956	7	(	(	PUNCT
cjal-9251	956	8	!	!	PUNCT
cjal-9251	956	9	)	)	PUNCT
cjal-9251	956	10	c+	c+	VERB
cjal-9251	956	11	cl	cl	NOUN
cjal-9251	956	12	)	)	PUNCT
cjal-9251	956	13	s	s	PROPN
cjal-9251	956	14	-	-	PUNCT
cjal-9251	956	15	t	t	NOUN
cjal-9251	956	16	:	:	PUNCT
cjal-9251	956	17	r	r	X
cjal-9251	956	18	'	'	PUNCT
cjal-9251	956	19	>	>	NOUN
cjal-9251	956	20	i	i	PRON
cjal-9251	956	21	cl	cl	NOUN
cjal-9251	956	22	)	)	PUNCT
cjal-9251	956	23	c+	c+	VERB
cjal-9251	956	24	cl	cl	NOUN
cjal-9251	956	25	)	)	PUNCT
cjal-9251	956	26	>	>	PUNCT
cjal-9251	957	1	i	i	PRON
cjal-9251	957	2	g(/j	g(/j	VERB
cjal-9251	957	3	"	"	PUNCT
cjal-9251	957	4	"	"	PUNCT
cjal-9251	957	5	"	"	PUNCT
cjal-9251	957	6	''	''	PUNCT
cjal-9251	957	7	c+	c+	VERB
cjal-9251	957	8	cl	cl	NOUN
cjal-9251	957	9	)	)	PUNCT
cjal-9251	957	10	8	8	NUM
cjal-9251	957	11	a	a	NOUN
cjal-9251	957	12	,	,	PUNCT
cjal-9251	957	13	a	a	PRON
cjal-9251	957	14	,	,	PUNCT
cjal-9251	957	15	pl	pl	PROPN
cjal-9251	957	16	o	o	NOUN
cjal-9251	957	17	"	"	PUNCT
cjal-9251	957	18	a	a	DET
cjal-9251	957	19	,	,	PUNCT
cjal-9251	957	20	cl	cl	NOUN
cjal-9251	957	21	)	)	PUNCT
cjal-9251	957	22	c+	c+	X
cjal-9251	957	23	....	....	PUNCT
cjal-9251	958	1	t	t	X
cjal-9251	958	2	:	:	PUNCT
cjal-9251	958	3	r	r	X
cjal-9251	958	4	'	'	PUNCT
cjal-9251	958	5	a	a	DET
cjal-9251	958	6	cl	cl	NOUN
cjal-9251	958	7	)	)	PUNCT
cjal-9251	958	8	'	'	NUM
cjal-9251	958	9	o	o	NOUN
cjal-9251	959	1	uj	uj	INTJ
cjal-9251	959	2	ln	ln	NOUN
cjal-9251	959	3	'	'	PUNCT
cjal-9251	959	4	"	"	PUNCT
cjal-9251	959	5	<	<	X
cjal-9251	959	6	a	a	DET
cjal-9251	959	7	o	o	NOUN
cjal-9251	959	8	cl	cl	NOUN
cjal-9251	959	9	)	)	PUNCT
cjal-9251	959	10	h	h	NOUN
cjal-9251	959	11	0	0	NUM
cjal-9251	959	12	£	£	NOUN
cjal-9251	959	13	"	"	PUNCT
cjal-9251	959	14	>	>	PUNCT
cjal-9251	959	15	"	"	PUNCT
cjal-9251	959	16	tj	tj	PROPN
cjal-9251	959	17	p	p	PROPN
cjal-9251	959	18	..	..	PUNCT
cjal-9251	959	19	cl	cl	NOUN
cjal-9251	959	20	)	)	PUNCT
cjal-9251	959	21	pl	pl	ADP
cjal-9251	959	22	§	§	NOUN
cjal-9251	959	23	=	=	NOUN
cjal-9251	959	24	:	:	PUNCT
cjal-9251	959	25	~-	~-	PROPN
cjal-9251	959	26	(	(	PUNCT
cjal-9251	959	27	'	'	NUM
cjal-9251	959	28	)	)	PUNCT
cjal-9251	960	1	r	r	NOUN
cjal-9251	960	2	:	:	PUNCT
cjal-9251	960	3	c+	c+	VERB
cjal-9251	960	4	a	a	PRON
cjal-9251	960	5	,	,	PUNCT
cjal-9251	960	6	~a	~a	NOUN
cjal-9251	960	7	-	-	PUNCT
cjal-9251	960	8	c+	c+	NOUN
cjal-9251	960	9	cl	cl	NOUN
cjal-9251	960	10	)	)	PUNCT
cjal-9251	960	11	.....	.....	PUNCT
cjal-9251	961	1	.....	.....	PUNCT
cjal-9251	961	2	s	s	X
cjal-9251	961	3	)	)	PUNCT
cjal-9251	961	4	)	)	PUNCT
cjal-9251	962	1	'	'	PUNCT
cjal-9251	962	2	<	<	X
cjal-9251	962	3	§	§	PROPN
cjal-9251	962	4	l	l	NOUN
cjal-9251	962	5	!	!	PUNCT
cjal-9251	962	6	;	;	PUNCT
cjal-9251	963	1	(	(	PUNCT
cjal-9251	963	2	'	'	NUM
cjal-9251	963	3	)	)	PUNCT
cjal-9251	963	4	8	8	NUM
cjal-9251	963	5	g	g	NOUN
cjal-9251	963	6	>	>	X
cjal-9251	963	7	i	i	PRON
cjal-9251	963	8	p	p	X
cjal-9251	963	9	..	..	PUNCT
cjal-9251	963	10	s'~	s'~	PROPN
cjal-9251	963	11	(	(	PUNCT
cjal-9251	963	12	iq	iq	INTJ
cjal-9251	963	13	>	>	X
cjal-9251	964	1	i	i	PRON
cjal-9251	964	2	s	s	PROPN
cjal-9251	964	3	s	s	NOUN
cjal-9251	964	4	s	s	NOUN
cjal-9251	964	5	·	·	SYM
cjal-9251	964	6	cl	cl	NOUN
cjal-9251	964	7	)	)	PUNCT
cjal-9251	964	8	a	a	NOUN
cjal-9251	964	9	,	,	PUNCT
cjal-9251	964	10	pl	pl	PROPN
cjal-9251	964	11	s	s	PROPN
cjal-9251	964	12	g	g	NOUN
cjal-9251	964	13	o	o	NOUN
cjal-9251	964	14	"	"	PUNCT
cjal-9251	964	15	r	r	NOUN
cjal-9251	964	16	:	:	PUNCT
cjal-9251	964	17	cl	cl	NOUN
cjal-9251	964	18	)	)	PUNCT
cjal-9251	964	19	a	a	PRON
cjal-9251	964	20	,	,	PUNCT
cjal-9251	964	21	(	(	PUNCT
cjal-9251	964	22	'	'	NUM
cjal-9251	964	23	)	)	PUNCT
cjal-9251	964	24	cl	cl	NOUN
cjal-9251	964	25	)	)	PUNCT
cjal-9251	964	26	cl	cl	NOUN
cjal-9251	964	27	)	)	PUNCT
cjal-9251	964	28	(	(	PUNCT
cjal-9251	964	29	1	1	X
cjal-9251	964	30	)	)	PUNCT
cjal-9251	964	31	p	p	X
cjal-9251	964	32	..	..	PUNCT
cjal-9251	964	33	0	0	NUM
cjal-9251	964	34	....	....	PUNCT
cjal-9251	964	35	.	.	PUNCT
cjal-9251	965	1	:	:	PUNCT
cjal-9251	965	2	:	:	PUNCT
cjal-9251	965	3	:	:	PUNCT
cjal-9251	965	4	!	!	PUNCT
cjal-9251	966	1	i	i	PRON
cjal-9251	966	2	:	:	PUNCT
cjal-9251	966	3	,	,	PUNCT
cjal-9251	966	4	.	.	PUNCT
cjal-9251	967	1	:	:	PUNCT
cjal-9251	967	2	.	.	PUNCT
cjal-9251	968	1	:	:	PUNCT
cjal-9251	968	2	:	:	PUNCT
cjal-9251	968	3	f	f	X
cjal-9251	968	4	ij	ij	INTJ
cjal-9251	968	5	,	,	PUNCT
cjal-9251	968	6	...	...	PUNCT
cjal-9251	968	7	to	to	PART
cjal-9251	968	8	to	to	ADP
cjal-9251	968	9	200	200	NUM
cjal-9251	968	10	columbia	columbia	PROPN
cjal-9251	968	11	journal	journal	NOUN
cjal-9251	968	12	of	of	ADP
cjal-9251	968	13	asian	asian	ADJ
cjal-9251	968	14	law	law	NOUN
cjal-9251	969	1	[	[	X
cjal-9251	969	2	vol	vol	NOUN
cjal-9251	969	3	.	.	PUNCT
cjal-9251	969	4	30:160	30:160	NUM
cjal-9251	969	5	in	in	ADP
cjal-9251	969	6	light	light	NOUN
cjal-9251	969	7	of	of	ADP
cjal-9251	969	8	the	the	DET
cjal-9251	969	9	public	public	ADJ
cjal-9251	969	10	nature	nature	NOUN
cjal-9251	969	11	of	of	ADP
cjal-9251	969	12	the	the	DET
cjal-9251	969	13	ggfs	ggfs	NOUN
cjal-9251	969	14	,	,	PUNCT
cjal-9251	969	15	the	the	DET
cjal-9251	969	16	unique	unique	ADJ
cjal-9251	969	17	party	party	NOUN
cjal-9251	969	18	-	-	PUNCT
cjal-9251	969	19	state	state	NOUN
cjal-9251	969	20	system	system	NOUN
cjal-9251	969	21	,	,	PUNCT
cjal-9251	969	22	and	and	CCONJ
cjal-9251	969	23	protectionism	protectionism	NOUN
cjal-9251	969	24	at	at	ADP
cjal-9251	969	25	the	the	DET
cjal-9251	969	26	local	local	ADJ
cjal-9251	969	27	level	level	NOUN
cjal-9251	969	28	,	,	PUNCT
cjal-9251	969	29	i	i	PRON
cjal-9251	969	30	suggest	suggest	VERB
cjal-9251	969	31	the	the	DET
cjal-9251	969	32	following	follow	VERB
cjal-9251	969	33	ways	way	NOUN
cjal-9251	969	34	to	to	PART
cjal-9251	969	35	improve	improve	VERB
cjal-9251	969	36	government	government	NOUN
cjal-9251	969	37	participation	participation	NOUN
cjal-9251	969	38	in	in	ADP
cjal-9251	969	39	ggfs	ggfs	NOUN
cjal-9251	969	40	.	.	PUNCT
cjal-9251	970	1	first	first	ADV
cjal-9251	970	2	,	,	PUNCT
cjal-9251	970	3	the	the	DET
cjal-9251	970	4	government	government	NOUN
cjal-9251	970	5	ceding	cede	VERB
cjal-9251	970	6	control	control	NOUN
cjal-9251	970	7	to	to	ADP
cjal-9251	970	8	market	market	NOUN
cjal-9251	970	9	forces	force	NOUN
cjal-9251	970	10	would	would	AUX
cjal-9251	970	11	mitigate	mitigate	VERB
cjal-9251	970	12	operational	operational	ADJ
cjal-9251	970	13	inefficiencies	inefficiency	NOUN
cjal-9251	970	14	arising	arise	VERB
cjal-9251	970	15	from	from	ADP
cjal-9251	970	16	the	the	DET
cjal-9251	970	17	incompetence	incompetence	NOUN
cjal-9251	970	18	and	and	CCONJ
cjal-9251	970	19	lack	lack	NOUN
cjal-9251	970	20	of	of	ADP
cjal-9251	970	21	professional	professional	ADJ
cjal-9251	970	22	experience	experience	NOUN
cjal-9251	970	23	on	on	ADP
cjal-9251	970	24	the	the	DET
cjal-9251	970	25	part	part	NOUN
cjal-9251	970	26	of	of	ADP
cjal-9251	970	27	government	government	NOUN
cjal-9251	970	28	authorities	authority	NOUN
cjal-9251	970	29	.	.	PUNCT
cjal-9251	971	1	277	277	NUM
cjal-9251	971	2	requiring	require	VERB
cjal-9251	971	3	matching	matching	NOUN
cjal-9251	971	4	funds	fund	NOUN
cjal-9251	971	5	from	from	ADP
cjal-9251	971	6	the	the	DET
cjal-9251	971	7	private	private	ADJ
cjal-9251	971	8	sector	sector	NOUN
cjal-9251	971	9	would	would	AUX
cjal-9251	971	10	help	help	VERB
cjal-9251	971	11	to	to	PART
cjal-9251	971	12	reduce	reduce	VERB
cjal-9251	971	13	the	the	DET
cjal-9251	971	14	dangers	danger	NOUN
cjal-9251	971	15	of	of	ADP
cjal-9251	971	16	uninformed	uninformed	ADJ
cjal-9251	971	17	decisions	decision	NOUN
cjal-9251	971	18	and	and	CCONJ
cjal-9251	971	19	political	political	ADJ
cjal-9251	971	20	interference	interference	NOUN
cjal-9251	971	21	.278	.278	NUM
cjal-9251	971	22	local	local	ADJ
cjal-9251	971	23	governments	government	NOUN
cjal-9251	971	24	should	should	AUX
cjal-9251	971	25	avoid	avoid	VERB
cjal-9251	971	26	intervention	intervention	NOUN
cjal-9251	971	27	in	in	ADP
cjal-9251	971	28	th	th	X
cjal-9251	971	29	e	e	X
cjal-9251	971	30	se	se	X
cjal-9251	972	1	lecti	lecti	ADP
cjal-9251	972	2	on	on	ADP
cjal-9251	972	3	of	of	ADP
cjal-9251	972	4	portfolio	portfolio	NOUN
cjal-9251	972	5	companies	company	NOUN
cjal-9251	972	6	and	and	CCONJ
cjal-9251	972	7	fund	fund	NOUN
cjal-9251	972	8	managers	manager	NOUN
cjal-9251	972	9	.	.	PUNCT
cjal-9251	973	1	funding	funding	NOUN
cjal-9251	973	2	should	should	AUX
cjal-9251	973	3	be	be	AUX
cjal-9251	973	4	provided	provide	VERB
cjal-9251	973	5	to	to	ADP
cjal-9251	973	6	early	early	ADJ
cjal-9251	973	7	stage	stage	NOUN
cjal-9251	973	8	start	start	NOUN
cjal-9251	973	9	-	-	PUNCT
cjal-9251	973	10	ups	up	NOUN
cjal-9251	973	11	that	that	PRON
cjal-9251	973	12	are	be	AUX
cjal-9251	973	13	in	in	ADP
cjal-9251	973	14	high	high	ADJ
cjal-9251	973	15	demand	demand	NOUN
cjal-9251	973	16	of	of	ADP
cjal-9251	973	17	capital	capital	NOUN
cjal-9251	973	18	,	,	PUNCT
cjal-9251	973	19	instead	instead	ADV
cjal-9251	973	20	of	of	ADP
cjal-9251	973	21	la	la	PRON
cjal-9251	973	22	ter	ter	NOUN
cjal-9251	973	23	-	-	PUNCT
cjal-9251	973	24	stage	stage	NOUN
cjal-9251	973	25	,	,	PUNCT
cjal-9251	973	26	government	government	NOUN
cjal-9251	973	27	-	-	PUNCT
cjal-9251	973	28	linked	link	VERB
cjal-9251	973	29	companies	company	NOUN
cjal-9251	973	30	that	that	PRON
cjal-9251	973	31	allow	allow	VERB
cjal-9251	973	32	for	for	ADP
cjal-9251	973	33	the	the	DET
cjal-9251	973	34	creation	creation	NOUN
cjal-9251	973	35	of	of	ADP
cjal-9251	973	36	quick	quick	ADJ
cjal-9251	973	37	returns	return	NOUN
cjal-9251	973	38	.	.	PUNCT
cjal-9251	974	1	second	second	ADJ
cjal-9251	974	2	,	,	PUNCT
cjal-9251	974	3	the	the	DET
cjal-9251	974	4	impact	impact	NOUN
cjal-9251	974	5	of	of	ADP
cjal-9251	974	6	government	government	NOUN
cjal-9251	974	7	-	-	PUNCT
cjal-9251	974	8	sponsor	sponsor	NOUN
cjal-9251	974	9	ed	ed	NOUN
cjal-9251	974	10	funds	fund	NOUN
cjal-9251	974	11	"	"	PUNCT
cjal-9251	974	12	depe	depe	NOUN
cjal-9251	974	13	nd	nd	NOUN
cjal-9251	974	14	s	s	VERB
cjal-9251	974	15	not	not	PART
cjal-9251	974	16	only	only	ADV
cjal-9251	974	17	on	on	ADP
cjal-9251	974	18	the	the	DET
cjal-9251	974	19	design	design	NOUN
cjal-9251	974	20	of	of	ADP
cjal-9251	974	21	the	the	DET
cjal-9251	974	22	program	program	NOUN
cjal-9251	974	23	but	but	CCONJ
cjal-9251	974	24	also	also	ADV
cjal-9251	974	25	on	on	ADP
cjal-9251	974	26	the	the	DET
cjal-9251	974	27	selection	selection	NOUN
cjal-9251	974	28	of	of	ADP
cjal-9251	974	29	the	the	DET
cjal-9251	974	30	"	"	PUNCT
cjal-9251	974	31	managers	manager	NOUN
cjal-9251	974	32	.	.	PUNCT
cjal-9251	975	1	279	279	NUM
cjal-9251	975	2	instead	instead	ADV
cjal-9251	975	3	of	of	ADP
cjal-9251	975	4	appointing	appoint	VERB
cjal-9251	975	5	government	government	NOUN
cjal-9251	975	6	-link	-link	NOUN
cjal-9251	975	7	ed	ed	NOUN
cjal-9251	975	8	vc	vc	PROPN
cjal-9251	975	9	firm	firm	PROPN
cjal-9251	975	10	s	s	PART
cjal-9251	975	11	,	,	PUNCT
cjal-9251	975	12	governments	government	NOUN
cjal-9251	975	13	should	should	AUX
cjal-9251	975	14	select	select	VERB
cjal-9251	975	15	experienced	experienced	ADJ
cjal-9251	975	16	,	,	PUNCT
cjal-9251	975	17	professional	professional	ADJ
cjal-9251	975	18	,	,	PUNCT
cjal-9251	975	19	and	and	CCONJ
cjal-9251	975	20	independent	independent	ADJ
cjal-9251	975	21	vc	vc	PROPN
cjal-9251	975	22	firms	firm	NOUN
cjal-9251	975	23	to	to	PART
cjal-9251	975	24	manage	manage	VERB
cjal-9251	975	25	the	the	DET
cjal-9251	975	26	funds	fund	NOUN
cjal-9251	975	27	.	.	PUNCT
cjal-9251	976	1	third	third	ADJ
cjal-9251	976	2	,	,	PUNCT
cjal-9251	976	3	a	a	DET
cjal-9251	976	4	well	well	ADV
cjal-9251	976	5	-designed	-designe	VERB
cjal-9251	976	6	appraisal	appraisal	NOUN
cjal-9251	976	7	and	and	CCONJ
cjal-9251	976	8	compensation	compensation	NOUN
cjal-9251	976	9	system	system	NOUN
cjal-9251	976	10	(	(	PUNCT
cjal-9251	976	11	such	such	ADJ
cjal-9251	976	12	as	as	ADP
cjal-9251	976	13	the	the	DET
cjal-9251	976	14	2/20	2/20	NUM
cjal-9251	976	15	rule	rule	NOUN
cjal-9251	976	16	280	280	NUM
cjal-9251	976	17	)	)	PUNCT
cjal-9251	976	18	should	should	AUX
cjal-9251	976	19	be	be	AUX
cjal-9251	976	20	established	establish	VERB
cjal-9251	976	21	to	to	PART
cjal-9251	976	22	provide	provide	VERB
cjal-9251	976	23	incenti	incenti	ADJ
cjal-9251	976	24	ves	f	NOUN
cjal-9251	976	25	to	to	ADP
cjal-9251	976	26	the	the	DET
cjal-9251	976	27	fund	fund	NOUN
cjal-9251	976	28	's	's	PART
cjal-9251	976	29	manager	manager	NOUN
cjal-9251	976	30	.	.	PUNCT
cjal-9251	977	1	also	also	ADV
cjal-9251	977	2	,	,	PUNCT
cjal-9251	977	3	more	more	ADV
cjal-9251	977	4	detailed	detailed	ADJ
cjal-9251	977	5	rules	rule	NOUN
cjal-9251	977	6	should	should	AUX
cjal-9251	977	7	be	be	AUX
cjal-9251	977	8	provid	provid	PROPN
cjal-9251	977	9	ed	ed	NOUN
cjal-9251	977	10	on	on	ADP
cjal-9251	977	11	the	the	DET
cjal-9251	977	12	eval	eval	ADJ
cjal-9251	977	13	uati	uati	PROPN
cjal-9251	977	14	on	on	ADP
cjal-9251	977	15	,	,	PUNCT
cjal-9251	977	16	regular	regular	ADJ
cjal-9251	977	17	reporting	reporting	NOUN
cjal-9251	977	18	,	,	PUNCT
cjal-9251	977	19	and	and	CCONJ
cjal-9251	977	20	auditing	auditing	NOUN
cjal-9251	977	21	of	of	ADP
cjal-9251	977	22	the	the	DET
cjal-9251	977	23	ggfs	ggfs	NOUN
cjal-9251	977	24	to	to	PART
cjal-9251	977	25	fill	fill	VERB
cjal-9251	977	26	the	the	DET
cjal-9251	977	27	legi	legi	PROPN
cjal-9251	977	28	slative	slative	ADJ
cjal-9251	977	29	gap	gap	NOUN
cjal-9251	977	30	in	in	ADP
cjal-9251	977	31	the	the	DET
cjal-9251	977	32	existing	exist	VERB
cjal-9251	977	33	regulations	regulation	NOUN
cjal-9251	977	34	governing	govern	VERB
cjal-9251	977	35	ggfs	ggfs	NOUN
cjal-9251	977	36	.	.	PUNCT
cjal-9251	978	1	281	281	NUM
cjal-9251	978	2	fourth	fourth	ADJ
cjal-9251	978	3	,	,	PUNCT
cjal-9251	978	4	the	the	DET
cjal-9251	978	5	structure	structure	NOUN
cjal-9251	978	6	of	of	ADP
cjal-9251	978	7	the	the	DET
cjal-9251	978	8	ggfs	ggfs	NOUN
cjal-9251	978	9	should	should	AUX
cjal-9251	978	10	be	be	AUX
cjal-9251	978	11	sim	sim	ADJ
cjal-9251	978	12	plifi	plifi	NOUN
cjal-9251	978	13	ed	ed	NOUN
cjal-9251	978	14	to	to	ADP
cjal-9251	978	15	r	r	NOUN
cjal-9251	978	16	educe	educe	VERB
cjal-9251	978	17	bureaucracy	bureaucracy	NOUN
cjal-9251	978	18	and	and	CCONJ
cjal-9251	978	19	transaction	transaction	NOUN
cjal-9251	978	20	costs	cost	NOUN
cjal-9251	978	21	.	.	PUNCT
cjal-9251	979	1	a	a	DET
cjal-9251	979	2	"	"	PUNCT
cjal-9251	979	3	fund	fund	NOUN
cjal-9251	979	4	of	of	ADP
cjal-9251	979	5	funds	fund	NOUN
cjal-9251	979	6	"	"	PUNCT
cjal-9251	979	7	(	(	PUNCT
cjal-9251	979	8	fof	fof	NOUN
cjal-9251	979	9	)	)	PUNCT
cjal-9251	979	10	approach	approach	NOUN
cjal-9251	979	11	taken	take	VERB
cjal-9251	979	12	by	by	ADP
cjal-9251	979	13	the	the	DET
cjal-9251	979	14	svcigf	svcigf	NOUN
cjal-9251	979	15	seems	seem	VERB
cjal-9251	979	16	more	more	ADV
cjal-9251	979	17	desirable	desirable	ADJ
cjal-9251	979	18	for	for	ADP
cjal-9251	979	19	ggfs.2s2	ggfs.2s2	NOUN
cjal-9251	979	20	u	u	NOUN
cjal-9251	979	21	nder	nder	ADV
cjal-9251	979	22	this	this	DET
cjal-9251	979	23	model	model	NOUN
cjal-9251	979	24	,	,	PUNCT
cjal-9251	979	25	the	the	DET
cjal-9251	979	26	consolidated	consolidated	ADJ
cjal-9251	979	27	fund	fund	NOUN
cjal-9251	979	28	will	will	AUX
cjal-9251	979	29	make	make	VERB
cjal-9251	979	30	investments	investment	NOUN
cjal-9251	979	31	in	in	ADP
cjal-9251	979	32	a	a	DET
cjal-9251	979	33	number	number	NOUN
cjal-9251	979	34	of	of	ADP
cjal-9251	979	35	other	other	ADJ
cjal-9251	979	36	funds	fund	NOUN
cjal-9251	979	37	,	,	PUNCT
cjal-9251	979	38	and	and	CCONJ
cjal-9251	979	39	each	each	PRON
cjal-9251	979	40	of	of	ADP
cjal-9251	979	41	these	these	DET
cjal-9251	979	42	fund	fund	NOUN
cjal-9251	979	43	s	s	PART
cjal-9251	979	44	will	will	AUX
cjal-9251	979	45	inv	inv	VERB
cjal-9251	979	46	es	es	ADP
cjal-9251	979	47	t	t	PROPN
cjal-9251	979	48	in	in	ADP
cjal-9251	979	49	a	a	DET
cjal-9251	979	50	portfolio	portfolio	NOUN
cjal-9251	979	51	of	of	ADP
cjal-9251	979	52	companies	company	NOUN
cjal-9251	979	53	.	.	PUNCT
cjal-9251	980	1	by	by	ADP
cjal-9251	980	2	doing	do	VERB
cjal-9251	980	3	so	so	ADV
cjal-9251	980	4	,	,	PUNCT
cjal-9251	980	5	the	the	DET
cjal-9251	980	6	consolidated	consolidated	ADJ
cjal-9251	980	7	fund	fund	NOUN
cjal-9251	980	8	enjoys	enjoy	VERB
cjal-9251	980	9	broader	broad	ADJ
cjal-9251	980	10	exposure	exposure	NOUN
cjal-9251	980	11	to	to	ADP
cjal-9251	980	12	the	the	DET
cjal-9251	980	13	industry	industry	NOUN
cjal-9251	980	14	and	and	CCONJ
cjal-9251	980	15	diversification	diversification	NOUN
cjal-9251	980	16	of	of	ADP
cjal-9251	980	17	the	the	DET
cjal-9251	980	18	risks	risk	NOUN
cjal-9251	980	19	associated	associate	VERB
cjal-9251	980	20	with	with	ADP
cjal-9251	980	21	a	a	DET
cjal-9251	980	22	single	single	ADJ
cjal-9251	980	23	investment	investment	NOUN
cjal-9251	980	24	,	,	PUNCT
cjal-9251	980	25	in	in	ADP
cjal-9251	980	26	contrast	contrast	NOUN
cjal-9251	980	27	to	to	ADP
cjal-9251	980	28	ggfs	ggfs	NOUN
cjal-9251	980	29	of	of	ADP
cjal-9251	980	30	old	old	ADJ
cjal-9251	980	31	,	,	PUNCT
cjal-9251	980	32	in	in	ADP
cjal-9251	980	33	which	which	PRON
cjal-9251	980	34	a	a	DET
cjal-9251	980	35	local	local	ADJ
cjal-9251	980	36	fund	fund	NOUN
cjal-9251	980	37	is	be	AUX
cjal-9251	980	38	usually	usually	ADV
cjal-9251	980	39	restricted	restrict	VERB
cjal-9251	980	40	to	to	ADP
cjal-9251	980	41	only	only	ADV
cjal-9251	980	42	one	one	NUM
cjal-9251	980	43	project	project	NOUN
cjal-9251	980	44	.283	.283	NUM
cjal-9251	980	45	fifth	fifth	ADJ
cjal-9251	980	46	,	,	PUNCT
cjal-9251	980	47	under	under	ADP
cjal-9251	980	48	various	various	ADJ
cjal-9251	980	49	local	local	ADJ
cjal-9251	980	50	regulations	regulation	NOUN
cjal-9251	980	51	,	,	PUNCT
cjal-9251	980	52	there	there	PRON
cjal-9251	980	53	are	be	VERB
cjal-9251	980	54	no	no	DET
cjal-9251	980	55	deta	deta	NOUN
cjal-9251	980	56	iled	ile	VERB
cjal-9251	980	57	rules	rule	NOUN
cjal-9251	980	58	governing	govern	VERB
cjal-9251	980	59	the	the	DET
cjal-9251	980	60	stage	stage	NOUN
cjal-9251	980	61	wherein	wherein	SCONJ
cjal-9251	980	62	investments	investment	NOUN
cjal-9251	980	63	are	be	AUX
cjal-9251	980	64	made	make	VERB
cjal-9251	980	65	into	into	ADP
cjal-9251	980	66	portfoli	portfoli	PROPN
cjal-9251	980	67	o	o	NOUN
cjal-9251	980	68	companies	company	NOUN
cjal-9251	980	69	.284	.284	NUM
cjal-9251	980	70	giving	give	VERB
cjal-9251	980	71	the	the	DET
cjal-9251	980	72	funds	fund	NOUN
cjal-9251	980	73	disproportionate	disproportionate	ADJ
cjal-9251	980	74	r	r	NOUN
cjal-9251	980	75	epr	epr	PROPN
cjal-9251	980	76	ese	ese	PROPN
cjal-9251	980	77	nt	not	PART
cjal-9251	980	78	atio	atio	VERB
cjal-9251	980	79	n	n	PRON
cjal-9251	980	80	or	or	CCONJ
cjal-9251	980	81	even	even	ADV
cjal-9251	980	82	277	277	NUM
cjal-9251	980	83	see	see	NOUN
cjal-9251	980	84	lerner	lerner	PROPN
cjal-9251	980	85	,	,	PUNCT
cjal-9251	980	86	supra	supra	PROPN
cjal-9251	980	87	note	note	PROPN
cjal-9251	980	88	5	5	NUM
cjal-9251	980	89	,	,	PUNCT
cjal-9251	980	90	at	at	ADP
cjal-9251	980	91	128	128	NUM
cjal-9251	980	92	-	-	SYM
cjal-9251	980	93	133	133	NUM
cjal-9251	980	94	.	.	PUNCT
cjal-9251	980	95	21s	21	NOUN
cjal-9251	981	1	i	i	PRON
cjal-9251	981	2	d.	d.	PROPN
cjal-9251	981	3	279	279	NUM
cjal-9251	981	4	douglas	douglas	PROPN
cjal-9251	981	5	cumming	cumming	PROPN
cjal-9251	981	6	&	&	CCONJ
cjal-9251	981	7	sofia	sofia	PROPN
cjal-9251	981	8	johan	johan	PROPN
cjal-9251	981	9	,	,	PUNCT
cjal-9251	981	10	pre	pre	ADJ
cjal-9251	981	11	-	-	ADJ
cjal-9251	981	12	seed	seed	ADJ
cjal-9251	981	13	government	government	NOUN
cjal-9251	981	14	venture	venture	NOUN
cjal-9251	981	15	capital	capital	NOUN
cjal-9251	981	16	funds	fund	NOUN
cjal-9251	981	17	,	,	PUNCT
cjal-9251	981	18	7	7	NUM
cjal-9251	981	19	j.	j.	PROPN
cjal-9251	981	20	int'l	int'l	PROPN
cjal-9251	981	21	entrepeurship	entrepeurship	NOUN
cjal-9251	981	22	26	26	NUM
cjal-9251	981	23	,	,	PUNCT
cjal-9251	981	24	26	26	NUM
cjal-9251	981	25	-	-	SYM
cjal-9251	981	26	27	27	NUM
cjal-9251	981	27	(	(	PUNCT
cjal-9251	981	28	2009	2009	NUM
cjal-9251	981	29	)	)	PUNCT
cjal-9251	981	30	.	.	PUNCT
cjal-9251	982	1	280	280	NUM
cjal-9251	982	2	see	see	VERB
cjal-9251	982	3	the	the	DET
cjal-9251	982	4	explanation	explanation	NOUN
cjal-9251	982	5	in	in	ADP
cjal-9251	982	6	note	note	NOUN
cjal-9251	982	7	255	255	NUM
cjal-9251	982	8	,	,	PUNCT
cjal-9251	982	9	supra	supra	NOUN
cjal-9251	982	10	.	.	PUNCT
cjal-9251	983	1	281	281	NUM
cjal-9251	983	2	see	see	VERB
cjal-9251	983	3	,	,	PUNCT
cjal-9251	983	4	e.g.	e.g.	ADV
cjal-9251	983	5	,	,	PUNCT
cjal-9251	983	6	implem	implem	NOUN
cjal-9251	983	7	entat	entat	PROPN
cjal-9251	983	8	ion	ion	NOUN
cjal-9251	983	9	rul	rul	NOUN
cjal-9251	983	10	es	es	NOUN
cjal-9251	983	11	of	of	ADP
cjal-9251	983	12	th	th	X
cjal-9251	983	13	e	e	PROPN
cjal-9251	983	14	sha	sha	PROPN
cjal-9251	983	15	nghai	nghai	PROPN
cjal-9251	983	16	angel	angel	PROPN
cjal-9251	983	17	investment	investment	NOUN
cjal-9251	983	18	guidance	guidance	NOUN
cjal-9251	983	19	fund	fund	NOUN
cjal-9251	983	20	]	]	X
cjal-9251	983	21	,	,	PUNCT
cjal-9251	983	22	supra	supra	PROPN
cjal-9251	983	23	n	n	CCONJ
cjal-9251	983	24	~	~	PROPN
cjal-9251	983	25	te	te	PROPN
cjal-9251	983	26	236	236	NUM
cjal-9251	983	27	;	;	PUNCT
cjal-9251	983	28	measures	measure	NOUN
cjal-9251	983	29	on	on	ADP
cjal-9251	983	30	th	th	X
cjal-9251	983	31	e	e	NOUN
cjal-9251	983	32	jiangsu	jiangsu	PROPN
cjal-9251	983	33	e	e	PROPN
cjal-9251	983	34	merging	merge	VERB
cjal-9251	983	35	indu	indu	NOUN
cjal-9251	983	36	strial	strial	ADJ
cjal-9251	983	37	venture	venture	NOUN
cjal-9251	983	38	cap	cap	NOUN
cjal-9251	983	39	ita	ita	PROPN
cjal-9251	983	40	l	l	PROPN
cjal-9251	983	41	investments	investments	PROPN
cjal-9251	983	42	gwdance	gwdance	NOUN
cjal-9251	983	43	fund	fund	NOUN
cjal-9251	983	44	,	,	PUNCT
cjal-9251	983	45	sup	sup	NOUN
cjal-9251	983	46	ra	ra	NOUN
cjal-9251	983	47	note	note	NOUN
cjal-9251	983	48	248	248	NUM
cjal-9251	983	49	.	.	PUNCT
cjal-9251	984	1	var	var	PROPN
cjal-9251	984	2	iou	iou	PROPN
cjal-9251	984	3	s	s	PROPN
cjal-9251	984	4	local	local	ADJ
cjal-9251	984	5	regulations	regulation	NOUN
cjal-9251	984	6	gover	gover	PROPN
cjal-9251	984	7	ning	ning	NOUN
cjal-9251	984	8	ggfs	ggfs	NOUN
cjal-9251	984	9	do	do	AUX
cjal-9251	984	10	not	not	PART
cjal-9251	984	11	provide	provide	VERB
cjal-9251	984	12	rul	rul	NOUN
cjal-9251	984	13	es	es	NOUN
cjal-9251	984	14	on	on	ADP
cjal-9251	984	15	thes	the	NOUN
cjal-9251	984	16	e	e	PROPN
cjal-9251	984	17	iss	iss	PROPN
cjal-9251	984	18	ues	ues	PROPN
cjal-9251	984	19	.	.	PROPN
cjal-9251	984	20	282	282	NUM
cjal-9251	984	21	see	see	VERB
cjal-9251	984	22	diagram	diagram	NOUN
cjal-9251	984	23	1	1	NUM
cjal-9251	984	24	,	,	PUNCT
cjal-9251	984	25	supra	supra	NOUN
cjal-9251	984	26	.	.	PUNCT
cjal-9251	985	1	283	283	NUM
cjal-9251	985	2	see	see	VERB
cjal-9251	985	3	diagram	diagram	NOUN
cjal-9251	985	4	1	1	NUM
cjal-9251	985	5	,	,	PUNCT
cjal-9251	985	6	supra	supra	NOUN
cjal-9251	985	7	.	.	PUNCT
cjal-9251	986	1	28•	28•	NUM
cjal-9251	986	2	see	see	NOUN
cjal-9251	986	3	diagram	diagram	NOUN
cjal-9251	986	4	1	1	NUM
cjal-9251	986	5	,	,	PUNCT
cjal-9251	986	6	supra	supra	NOUN
cjal-9251	986	7	.	.	PUNCT
cjal-9251	986	8	2017	2017	NUM
cjal-9251	986	9	]	]	PUNCT
cjal-9251	986	10	engineering	engineer	VERB
cjal-9251	986	11	a	a	DET
cjal-9251	986	12	venture	venture	NOUN
cjal-9251	986	13	capital	capital	NOUN
cjal-9251	986	14	market	market	NOUN
cjal-9251	986	15	201	201	NUM
cjal-9251	986	16	control	control	NOUN
cjal-9251	986	17	of	of	ADP
cjal-9251	986	18	the	the	DET
cjal-9251	986	19	portfolio	portfolio	NOUN
cjal-9251	986	20	company	company	NOUN
cjal-9251	986	21	's	's	PART
cjal-9251	986	22	board	board	NOUN
cjal-9251	986	23	of	of	ADP
cjal-9251	986	24	directors	director	NOUN
cjal-9251	986	25	could	could	AUX
cjal-9251	986	26	help	help	VERB
cjal-9251	986	27	reduce	reduce	VERB
cjal-9251	986	28	agency	agency	NOUN
cjal-9251	986	29	costs	cost	NOUN
cjal-9251	986	30	at	at	ADP
cjal-9251	986	31	the	the	DET
cjal-9251	986	32	financing	financing	NOUN
cjal-9251	986	33	stage	stage	NOUN
cjal-9251	986	34	.	.	PUNCT
cjal-9251	987	1	285	285	NUM
cjal-9251	988	1	i	i	PRON
cjal-9251	988	2	suggest	suggest	VERB
cjal-9251	988	3	that	that	SCONJ
cjal-9251	988	4	the	the	DET
cjal-9251	988	5	ggf	ggf	PROPN
cjal-9251	988	6	should	should	AUX
cjal-9251	988	7	appoint	appoint	VERB
cjal-9251	988	8	a	a	DET
cjal-9251	988	9	representative	representative	NOUN
cjal-9251	988	10	to	to	PART
cjal-9251	988	11	serve	serve	VERB
cjal-9251	988	12	as	as	ADP
cjal-9251	988	13	a	a	DET
cjal-9251	988	14	director	director	NOUN
cjal-9251	988	15	on	on	ADP
cjal-9251	988	16	the	the	DET
cjal-9251	988	17	board	board	NOUN
cjal-9251	988	18	of	of	ADP
cjal-9251	988	19	the	the	DET
cjal-9251	988	20	portfolio	portfolio	NOUN
cjal-9251	988	21	company	company	NOUN
cjal-9251	988	22	to	to	PART
cjal-9251	988	23	restrict	restrict	VERB
cjal-9251	988	24	the	the	DET
cjal-9251	988	25	entrepreneur	entrepreneur	NOUN
cjal-9251	988	26	's	's	PART
cjal-9251	988	27	discretion	discretion	NOUN
cjal-9251	988	28	and	and	CCONJ
cjal-9251	988	29	behavior	behavior	NOUN
cjal-9251	988	30	in	in	ADP
cjal-9251	988	31	using	use	VERB
cjal-9251	988	32	the	the	DET
cjal-9251	988	33	ggf	ggf	PROPN
cjal-9251	988	34	funding	funding	NOUN
cjal-9251	988	35	.	.	PUNCT
cjal-9251	989	1	the	the	DET
cjal-9251	989	2	ggfs	ggfs	NOUN
cjal-9251	989	3	may	may	AUX
cjal-9251	989	4	also	also	ADV
cjal-9251	989	5	require	require	VERB
cjal-9251	989	6	veto	veto	NOUN
cjal-9251	989	7	rights	right	NOUN
cjal-9251	989	8	in	in	ADP
cjal-9251	989	9	important	important	ADJ
cjal-9251	989	10	matters	matter	NOUN
cjal-9251	989	11	or	or	CCONJ
cjal-9251	989	12	the	the	DET
cjal-9251	989	13	power	power	NOUN
cjal-9251	989	14	to	to	PART
cjal-9251	989	15	replace	replace	VERB
cjal-9251	989	16	the	the	DET
cjal-9251	989	17	entrepreneur	entrepreneur	NOUN
cjal-9251	989	18	as	as	ADP
cjal-9251	989	19	the	the	DET
cjal-9251	989	20	portfolio	portfolio	NOUN
cjal-9251	989	21	company	company	NOUN
cjal-9251	989	22	's	's	PART
cjal-9251	989	23	chief	chief	ADJ
cjal-9251	989	24	executive	executive	ADJ
cjal-9251	989	25	officer	officer	NOUN
cjal-9251	989	26	.	.	PUNCT
cjal-9251	990	1	b.	b.	PROPN
cjal-9251	990	2	problems	problem	NOUN
cjal-9251	990	3	with	with	ADP
cjal-9251	990	4	investment	investment	NOUN
cjal-9251	990	5	vehicle	vehicle	NOUN
cjal-9251	990	6	although	although	SCONJ
cjal-9251	990	7	there	there	PRON
cjal-9251	990	8	is	be	VERB
cjal-9251	990	9	little	little	ADJ
cjal-9251	990	10	doubt	doubt	NOUN
cjal-9251	990	11	that	that	SCONJ
cjal-9251	990	12	the	the	DET
cjal-9251	990	13	adoption	adoption	NOUN
cjal-9251	990	14	of	of	ADP
cjal-9251	990	15	the	the	DET
cjal-9251	990	16	limited	limited	ADJ
cjal-9251	990	17	partnership	partnership	NOUN
cjal-9251	990	18	in	in	ADP
cjal-9251	990	19	china	china	PROPN
cjal-9251	990	20	has	have	AUX
cjal-9251	990	21	contributed	contribute	VERB
cjal-9251	990	22	to	to	ADP
cjal-9251	990	23	a	a	DET
cjal-9251	990	24	more	more	ADV
cjal-9251	990	25	favorable	favorable	ADJ
cjal-9251	990	26	environment	environment	NOUN
cjal-9251	990	27	for	for	ADP
cjal-9251	990	28	the	the	DET
cjal-9251	990	29	vc	vc	PROPN
cjal-9251	990	30	industry	industry	NOUN
cjal-9251	990	31	and	and	CCONJ
cjal-9251	990	32	reduced	reduce	VERB
cjal-9251	990	33	transaction	transaction	NOUN
cjal-9251	990	34	costs	cost	NOUN
cjal-9251	990	35	in	in	ADP
cjal-9251	990	36	the	the	DET
cjal-9251	990	37	fundraising	fundraising	NOUN
cjal-9251	990	38	process	process	NOUN
cjal-9251	990	39	,	,	PUNCT
cjal-9251	990	40	there	there	PRON
cjal-9251	990	41	are	be	VERB
cjal-9251	990	42	some	some	DET
cjal-9251	990	43	special	special	ADJ
cjal-9251	990	44	features	feature	NOUN
cjal-9251	990	45	that	that	PRON
cjal-9251	990	46	require	require	VERB
cjal-9251	990	47	further	further	ADJ
cjal-9251	990	48	legislative	legislative	ADJ
cjal-9251	990	49	attention	attention	NOUN
cjal-9251	990	50	.	.	PUNCT
cjal-9251	991	1	first	first	ADV
cjal-9251	991	2	,	,	PUNCT
cjal-9251	991	3	unlike	unlike	ADP
cjal-9251	991	4	other	other	ADJ
cjal-9251	991	5	jurisdictions	jurisdiction	NOUN
cjal-9251	991	6	such	such	ADJ
cjal-9251	991	7	as	as	ADP
cjal-9251	991	8	us	us	PROPN
cjal-9251	991	9	-	-	PUNCT
cjal-9251	991	10	delaware	delaware	PROPN
cjal-9251	991	11	,	,	PUNCT
cjal-9251	991	12	286	286	NUM
cjal-9251	991	13	the	the	DET
cjal-9251	991	14	u.k	u.k	PROPN
cjal-9251	991	15	.	.	PROPN
cjal-9251	991	16	,287	,287	PUNCT
cjal-9251	991	17	and	and	CCONJ
cjal-9251	991	18	singapore	singapore	PROPN
cjal-9251	991	19	,	,	PUNCT
cjal-9251	991	20	288	288	NUM
cjal-9251	991	21	which	which	PRON
cjal-9251	991	22	do	do	AUX
cjal-9251	991	23	not	not	PART
cjal-9251	991	24	impose	impose	VERB
cjal-9251	991	25	an	an	DET
cjal-9251	991	26	upper	upper	ADJ
cjal-9251	991	27	limit	limit	NOUN
cjal-9251	991	28	on	on	ADP
cjal-9251	991	29	the	the	DET
cjal-9251	991	30	number	number	NOUN
cjal-9251	991	31	of	of	ADP
cjal-9251	991	32	partners	partner	NOUN
cjal-9251	991	33	in	in	ADP
cjal-9251	991	34	the	the	DET
cjal-9251	991	35	limited	limited	ADJ
cjal-9251	991	36	partnership	partnership	NOUN
cjal-9251	991	37	,	,	PUNCT
cjal-9251	991	38	the	the	DET
cjal-9251	991	39	chinese	chinese	PROPN
cjal-9251	991	40	limited	limited	ADJ
cjal-9251	991	41	partnership	partnership	NOUN
cjal-9251	991	42	has	have	VERB
cjal-9251	991	43	a	a	DET
cjal-9251	991	44	requirement	requirement	NOUN
cjal-9251	991	45	of	of	ADP
cjal-9251	991	46	at	at	ADV
cjal-9251	991	47	least	least	ADV
cjal-9251	991	48	two	two	NUM
cjal-9251	991	49	and	and	CCONJ
cjal-9251	991	50	a	a	DET
cjal-9251	991	51	maximum	maximum	NOUN
cjal-9251	991	52	of	of	ADP
cjal-9251	991	53	fifty	fifty	NUM
cjal-9251	991	54	partners.289	partners.289	ADJ
cjal-9251	991	55	the	the	DET
cjal-9251	991	56	maximum	maximum	ADJ
cjal-9251	991	57	number	number	NOUN
cjal-9251	991	58	of	of	ADP
cjal-9251	991	59	partners	partner	NOUN
cjal-9251	991	60	may	may	AUX
cjal-9251	991	61	unduly	unduly	ADV
cjal-9251	991	62	constrain	constrain	VERB
cjal-9251	991	63	the	the	DET
cjal-9251	991	64	size	size	NOUN
cjal-9251	991	65	of	of	ADP
cjal-9251	991	66	the	the	DET
cjal-9251	991	67	fund	fund	NOUN
cjal-9251	991	68	and	and	CCONJ
cjal-9251	991	69	is	be	AUX
cjal-9251	991	70	inconsistent	inconsistent	ADJ
cjal-9251	991	71	with	with	ADP
cjal-9251	991	72	international	international	ADJ
cjal-9251	991	73	practice	practice	NOUN
cjal-9251	991	74	.	.	PUNCT
cjal-9251	992	1	as	as	ADP
cjal-9251	992	2	such	such	ADJ
cjal-9251	992	3	,	,	PUNCT
cjal-9251	992	4	i	i	PRON
cjal-9251	992	5	suggest	suggest	VERB
cjal-9251	992	6	that	that	SCONJ
cjal-9251	992	7	the	the	DET
cjal-9251	992	8	restriction	restriction	NOUN
cjal-9251	992	9	on	on	ADP
cjal-9251	992	10	the	the	DET
cjal-9251	992	11	number	number	NOUN
cjal-9251	992	12	of	of	ADP
cjal-9251	992	13	partners	partner	NOUN
cjal-9251	992	14	be	be	AUX
cjal-9251	992	15	removed	remove	VERB
cjal-9251	992	16	.	.	PUNCT
cjal-9251	993	1	second	second	ADV
cjal-9251	993	2	,	,	PUNCT
cjal-9251	993	3	partners	partner	NOUN
cjal-9251	993	4	are	be	AUX
cjal-9251	993	5	allowed	allow	VERB
cjal-9251	993	6	to	to	PART
cjal-9251	993	7	transfer	transfer	VERB
cjal-9251	993	8	their	their	PRON
cjal-9251	993	9	partnership	partnership	NOUN
cjal-9251	993	10	shares	share	NOUN
cjal-9251	993	11	to	to	ADP
cjal-9251	993	12	outsiders	outsider	NOUN
cjal-9251	993	13	(	(	PUNCT
cjal-9251	993	14	subject	subject	ADJ
cjal-9251	993	15	to	to	ADP
cjal-9251	993	16	various	various	ADJ
cjal-9251	993	17	requirements	requirement	NOUN
cjal-9251	993	18	)	)	PUNCT
cjal-9251	993	19	under	under	ADP
cjal-9251	993	20	the	the	DET
cjal-9251	993	21	pel	pel	NOUN
cjal-9251	993	22	.	.	PUNCT
cjal-9251	994	1	z9o	z9o	ADV
cjal-9251	994	2	an	an	DET
cjal-9251	994	3	assignee	assignee	NOUN
cjal-9251	994	4	of	of	ADP
cjal-9251	994	5	a	a	DET
cjal-9251	994	6	gp	gp	NOUN
cjal-9251	994	7	will	will	AUX
cjal-9251	994	8	become	become	VERB
cjal-9251	994	9	a	a	DET
cjal-9251	994	10	gp	gp	NOUN
cjal-9251	994	11	himself	himself	PRON
cjal-9251	994	12	and	and	CCONJ
cjal-9251	994	13	be	be	AUX
cjal-9251	994	14	subject	subject	ADJ
cjal-9251	994	15	to	to	ADP
cjal-9251	994	16	rights	right	NOUN
cjal-9251	994	17	and	and	CCONJ
cjal-9251	994	18	obligations	obligation	NOUN
cjal-9251	994	19	in	in	ADP
cjal-9251	994	20	accordance	accordance	NOUN
cjal-9251	994	21	with	with	ADP
cjal-9251	994	22	the	the	DET
cjal-9251	994	23	amended	amend	VERB
cjal-9251	994	24	agreement	agreement	NOUN
cjal-9251	994	25	and	and	CCONJ
cjal-9251	994	26	the	the	DET
cjal-9251	994	27	pel	pel	NOUN
cjal-9251	994	28	.	.	PROPN
cjal-9251	994	29	291	291	NUM
cjal-9251	994	30	this	this	PRON
cjal-9251	994	31	stands	stand	VERB
cjal-9251	994	32	in	in	ADP
cjal-9251	994	33	stark	stark	ADJ
cjal-9251	994	34	contrast	contrast	NOUN
cjal-9251	994	35	to	to	ADP
cjal-9251	994	36	the	the	DET
cjal-9251	994	37	assignee	assignee	NOUN
cjal-9251	994	38	's	's	PART
cjal-9251	994	39	position	position	NOUN
cjal-9251	994	40	under	under	ADP
cjal-9251	994	41	u.s	u.s	PROPN
cjal-9251	994	42	.	.	PROPN
cjal-9251	994	43	law	law	NOUN
cjal-9251	994	44	,	,	PUNCT
cjal-9251	994	45	where	where	SCONJ
cjal-9251	994	46	a	a	DET
cjal-9251	994	47	transfer	transfer	NOUN
cjal-9251	994	48	in	in	ADP
cjal-9251	994	49	whole	whole	ADJ
cjal-9251	994	50	or	or	CCONJ
cjal-9251	994	51	in	in	ADP
cjal-9251	994	52	part	part	NOUN
cjal-9251	994	53	of	of	ADP
cjal-9251	994	54	a	a	DET
cjal-9251	994	55	partner	partner	NOUN
cjal-9251	994	56	's	's	PART
cjal-9251	994	57	transferable	transferable	ADJ
cjal-9251	994	58	interest	interest	NOUN
cjal-9251	994	59	in	in	ADP
cjal-9251	994	60	the	the	DET
cjal-9251	994	61	partnership	partnership	NOUN
cjal-9251	994	62	does	do	AUX
cjal-9251	994	63	not	not	PART
cjal-9251	994	64	entitle	entitle	VERB
cjal-9251	994	65	the	the	DET
cjal-9251	994	66	transferee	transferee	NOUN
cjal-9251	994	67	to	to	PART
cjal-9251	994	68	participate	participate	VERB
cjal-9251	994	69	in	in	ADP
cjal-9251	994	70	the	the	DET
cjal-9251	994	71	285	285	NUM
cjal-9251	994	72	gilson	gilson	NOUN
cjal-9251	994	73	,	,	PUNCT
cjal-9251	994	74	supra	supra	PROPN
cjal-9251	994	75	note	note	PROPN
cjal-9251	994	76	1	1	NUM
cjal-9251	994	77	,	,	PUNCT
cjal-9251	994	78	at	at	ADP
cjal-9251	994	79	1082	1082	NUM
cjal-9251	994	80	.	.	PUNCT
cjal-9251	995	1	286	286	NUM
cjal-9251	995	2	del	del	PROPN
cjal-9251	995	3	.	.	PROPN
cjal-9251	995	4	code	code	PROPN
cjal-9251	995	5	ann	ann	PROPN
cjal-9251	995	6	.	.	PUNCT
cjal-9251	996	1	tit	tit	PROPN
cjal-9251	996	2	.	.	PROPN
cjal-9251	997	1	6	6	NUM
cjal-9251	997	2	,	,	PUNCT
cjal-9251	997	3	§	§	NOUN
cjal-9251	997	4	17	17	NUM
cjal-9251	997	5	-	-	SYM
cjal-9251	997	6	101(9	101(9	NUM
cjal-9251	997	7	)	)	PUNCT
cjal-9251	997	8	(	(	PUNCT
cjal-9251	997	9	west	west	NOUN
cjal-9251	997	10	2010	2010	NUM
cjal-9251	997	11	)	)	PUNCT
cjal-9251	997	12	(	(	PUNCT
cjal-9251	997	13	"	"	PUNCT
cjal-9251	997	14	limited	limited	ADJ
cjal-9251	997	15	partnership	partnership	NOUN
cjal-9251	997	16	"	"	PUNCT
cjal-9251	997	17	means	mean	VERB
cjal-9251	997	18	"	"	PUNCT
cjal-9251	997	19	a	a	DET
cjal-9251	997	20	partnership	partnership	NOUN
cjal-9251	997	21	formed	form	VERB
cjal-9251	997	22	under	under	ADP
cjal-9251	997	23	the	the	DET
cjal-9251	997	24	laws	law	NOUN
cjal-9251	997	25	of	of	ADP
cjal-9251	997	26	the	the	DET
cjal-9251	997	27	state	state	NOUN
cjal-9251	997	28	of	of	ADP
cjal-9251	997	29	delaware	delaware	PROPN
cjal-9251	997	30	consisting	consist	VERB
cjal-9251	997	31	of	of	ADP
cjal-9251	997	32	2	2	NUM
cjal-9251	997	33	or	or	CCONJ
cjal-9251	997	34	more	more	ADJ
cjal-9251	997	35	persons	person	NOUN
cjal-9251	997	36	and	and	CCONJ
cjal-9251	997	37	having	have	VERB
cjal-9251	997	38	1	1	NUM
cjal-9251	997	39	or	or	CCONJ
cjal-9251	997	40	more	more	ADJ
cjal-9251	997	41	general	general	ADJ
cjal-9251	997	42	partners	partner	NOUN
cjal-9251	997	43	and	and	CCONJ
cjal-9251	997	44	1	1	NUM
cjal-9251	997	45	or	or	CCONJ
cjal-9251	997	46	more	more	ADV
cjal-9251	997	47	limited	limited	ADJ
cjal-9251	997	48	partners	partner	NOUN
cjal-9251	997	49	"	"	PUNCT
cjal-9251	997	50	)	)	PUNCT
cjal-9251	997	51	.	.	PUNCT
cjal-9251	998	1	see	see	VERB
cjal-9251	998	2	also	also	ADV
cjal-9251	998	3	government	government	NOUN
cjal-9251	998	4	of	of	ADP
cjal-9251	998	5	si!'igapore	si!'igapore	PROPN
cjal-9251	998	6	,	,	PUNCT
cjal-9251	998	7	study	study	NOUN
cjal-9251	998	8	team	team	NOUN
cjal-9251	998	9	ok	ok	VERB
cjal-9251	998	10	limited	limit	VERB
cjal-9251	998	11	partnersidps	partnersidp	NOUN
cjal-9251	998	12	and	and	CCONJ
cjal-9251	998	13	limited	limited	ADJ
cjal-9251	998	14	liability	liability	NOUN
cjal-9251	998	15	partnerships	partnership	NOUN
cjal-9251	998	16	,	,	PUNCT
cjal-9251	998	17	report	report	NOUN
cjal-9251	998	18	of	of	ADP
cjal-9251	998	19	the	the	DET
cjal-9251	998	20	study	study	NOUN
cjal-9251	998	21	team	team	NOUN
cjal-9251	998	22	on	on	ADP
cjal-9251	998	23	ljmited	ljmite	VERB
cjal-9251	998	24	partnerships	partnership	NOUN
cjal-9251	998	25	,	,	PUNCT
cjal-9251	998	26	par	par	NOUN
cjal-9251	998	27	.	.	PUNCT
cjal-9251	999	1	8.4.1	8.4.1	NUM
cjal-9251	999	2	(	(	PUNCT
cjal-9251	999	3	2007	2007	NUM
cjal-9251	999	4	)	)	PUNCT
cjal-9251	999	5	,	,	PUNCT
cjal-9251	999	6	available	available	ADJ
cjal-9251	999	7	at	at	ADP
cjal-9251	999	8	http://bit.ly/2tlls8o	http://bit.ly/2tlls8o	X
cjal-9251	999	9	.	.	PUNCT
cjal-9251	999	10	287	287	NUM
cjal-9251	999	11	although	although	SCONJ
cjal-9251	999	12	the	the	DET
cjal-9251	999	13	uk	uk	PROPN
cjal-9251	999	14	used	use	VERB
cjal-9251	999	15	to	to	PART
cjal-9251	999	16	impose	impose	VERB
cjal-9251	999	17	an	an	DET
cjal-9251	999	18	upper	upper	ADJ
cjal-9251	999	19	limit	limit	NOUN
cjal-9251	999	20	on	on	ADP
cjal-9251	999	21	the	the	DET
cjal-9251	999	22	number	number	NOUN
cjal-9251	999	23	of	of	ADP
cjal-9251	999	24	partners	partner	NOUN
cjal-9251	999	25	,	,	PUNCT
cjal-9251	999	26	there	there	PRON
cjal-9251	999	27	is	be	VERB
cjal-9251	999	28	no	no	ADV
cjal-9251	999	29	longer	long	ADV
cjal-9251	999	30	such	such	DET
cjal-9251	999	31	a	a	DET
cjal-9251	999	32	limit	limit	NOUN
cjal-9251	999	33	for	for	ADP
cjal-9251	999	34	all	all	DET
cjal-9251	999	35	types	type	NOUN
cjal-9251	999	36	of	of	ADP
cjal-9251	999	37	partnerships	partnership	NOUN
cjal-9251	999	38	since	since	SCONJ
cjal-9251	999	39	2001	2001	NUM
cjal-9251	999	40	.	.	PUNCT
cjal-9251	1000	1	government	government	NOUN
cjal-9251	1000	2	of	of	ADP
cjal-9251	1000	3	singapore	singapore	PROPN
cjal-9251	1000	4	,	,	PUNCT
cjal-9251	1000	5	study	study	NOUN
cjal-9251	1000	6	team	team	NOUN
cjal-9251	1000	7	on	on	ADP
cjal-9251	1000	8	limited	limited	ADJ
cjal-9251	1000	9	partnerships	partnership	NOUN
cjal-9251	1000	10	and	and	CCONJ
cjal-9251	1000	11	limited	limited	ADJ
cjal-9251	1000	12	liability	liability	NOUN
cjal-9251	1000	13	partnerships	partnership	NOUN
cjal-9251	1000	14	,	,	PUNCT
cjal-9251	1000	15	supra	supra	PROPN
cjal-9251	1000	16	note	note	PROPN
cjal-9251	1000	17	241	241	NUM
cjal-9251	1000	18	,	,	PUNCT
cjal-9251	1000	19	at	at	ADP
cjal-9251	1000	20	para	para	NOUN
cjal-9251	1000	21	.	.	PUNCT
cjal-9251	1001	1	8.4.1	8.4.1	NUM
cjal-9251	1001	2	.	.	PUNCT
cjal-9251	1001	3	section	section	NOUN
cjal-9251	1001	4	4(2	4(2	NUM
cjal-9251	1001	5	)	)	PUNCT
cjal-9251	1001	6	of	of	ADP
cjal-9251	1001	7	limited	limited	ADJ
cjal-9251	1001	8	partnerships	partnership	NOUN
cjal-9251	1001	9	act	act	VERB
cjal-9251	1001	10	1907	1907	NUM
cjal-9251	1001	11	now	now	ADV
cjal-9251	1001	12	states	state	VERB
cjal-9251	1001	13	"	"	PUNCT
cjal-9251	1001	14	[	[	X
cjal-9251	1001	15	a	a	X
cjal-9251	1001	16	]	]	X
cjal-9251	1001	17	limited	limited	ADJ
cjal-9251	1001	18	partnership	partnership	NOUN
cjal-9251	1001	19	must	must	AUX
cjal-9251	1001	20	consist	consist	VERB
cjal-9251	1001	21	of	of	ADP
cjal-9251	1001	22	one	one	NUM
cjal-9251	1001	23	or	or	CCONJ
cjal-9251	1001	24	more	more	ADJ
cjal-9251	1001	25	persons	person	NOUN
cjal-9251	1001	26	called	call	VERB
cjal-9251	1001	27	general	general	ADJ
cjal-9251	1001	28	partn	partn	ADJ
cjal-9251	1001	29	ers	er	NOUN
cjal-9251	1001	30	,	,	PUNCT
cjal-9251	1001	31	...	...	PUNCT
cjal-9251	1001	32	,	,	PUNCT
cjal-9251	1001	33	and	and	CCONJ
cjal-9251	1001	34	one	one	NUM
cjal-9251	1001	35	or	or	CCONJ
cjal-9251	1001	36	more	more	ADJ
cjal-9251	1001	37	persons	person	NOUN
cjal-9251	1001	38	to	to	PART
cjal-9251	1001	39	be	be	AUX
cjal-9251	1001	40	called	call	VERB
cjal-9251	1001	41	limited	limited	ADJ
cjal-9251	1001	42	partners	partner	NOUN
cjal-9251	1001	43	...	...	PUNCT
cjal-9251	1001	44	"	"	PUNCT
cjal-9251	1001	45	limited	limited	ADJ
cjal-9251	1001	46	partnerships	partnership	NOUN
cjal-9251	1001	47	act	act	VERB
cjal-9251	1001	48	1907	1907	NUM
cjal-9251	1001	49	,	,	PUNCT
cjal-9251	1001	50	7	7	NUM
cjal-9251	1001	51	edw	edw	X
cjal-9251	1001	52	.	.	PROPN
cjal-9251	1001	53	7	7	NUM
cjal-9251	1001	54	c	c	NOUN
cjal-9251	1001	55	24	24	NUM
cjal-9251	1001	56	,	,	PUNCT
cjal-9251	1001	57	§	§	PROPN
cjal-9251	1001	58	4(2	4(2	NUM
cjal-9251	1001	59	)	)	PUNCT
cjal-9251	1001	60	(	(	PUNCT
cjal-9251	1001	61	grt	grt	PROPN
cjal-9251	1001	62	.	.	PUNCT
cjal-9251	1001	63	br	br	PROPN
cjal-9251	1001	64	.	.	PUNCT
cjal-9251	1001	65	)	)	PUNCT
cjal-9251	1001	66	.	.	PUNCT
cjal-9251	1002	1	288	288	NUM
cjal-9251	1002	2	s	s	NOUN
cjal-9251	1002	3	3(2	3(2	NUM
cjal-9251	1002	4	)	)	PUNCT
cjal-9251	1002	5	of	of	ADP
cjal-9251	1002	6	limited	limited	ADJ
cjal-9251	1002	7	partnershlp	partnershlp	PROPN
cjal-9251	1002	8	act	act	NOUN
cjal-9251	1002	9	(	(	PUNCT
cjal-9251	1002	10	chapter	chapter	NOUN
cjal-9251	1002	11	163b	163b	PROPN
cjal-9251	1002	12	)	)	PUNCT
cjal-9251	1002	13	states	state	VERB
cjal-9251	1002	14	that	that	SCONJ
cjal-9251	1002	15	"	"	PUNCT
cjal-9251	1002	16	a	a	DET
cjal-9251	1002	17	limited	limited	ADJ
cjal-9251	1002	18	partnership	partnership	NOUN
cjal-9251	1002	19	must	must	AUX
cjal-9251	1002	20	consist	consist	VERB
cjal-9251	1002	21	of	of	ADP
cjal-9251	1002	22	(	(	PUNCT
cjal-9251	1002	23	a	a	X
cjal-9251	1002	24	)	)	PUNCT
cjal-9251	1002	25	one	one	NUM
cjal-9251	1002	26	or	or	CCONJ
cjal-9251	1002	27	more	more	ADJ
cjal-9251	1002	28	of	of	ADP
cjal-9251	1002	29	general	general	ADJ
cjal-9251	1002	30	partners	partner	NOUN
cjal-9251	1002	31	;	;	PUNCT
cjal-9251	1002	32	and	and	CCONJ
cjal-9251	1002	33	(	(	PUNCT
cjal-9251	1002	34	b	b	X
cjal-9251	1002	35	)	)	PUNCT
cjal-9251	1002	36	one	one	NUM
cjal-9251	1002	37	or	or	CCONJ
cjal-9251	1002	38	more	more	ADJ
cjal-9251	1002	39	of	of	ADP
cjal-9251	1002	40	limited	limited	ADJ
cjal-9251	1002	41	partners	partner	NOUN
cjal-9251	1002	42	.	.	PUNCT
cjal-9251	1002	43	"	"	PUNCT
cjal-9251	1003	1	singapore	singapore	PROPN
cjal-9251	1003	2	llmited	llmite	VERB
cjal-9251	1003	3	partnerships	partnership	NOUN
cjal-9251	1003	4	act	act	PROPN
cjal-9251	1003	5	2008	2008	NUM
cjal-9251	1003	6	(	(	PUNCT
cjal-9251	1003	7	cap	cap	NOUN
cjal-9251	1003	8	.	.	PUNCT
cjal-9251	1004	1	163b	163b	PROPN
cjal-9251	1004	2	)	)	PUNCT
cjal-9251	1004	3	s	s	PART
cjal-9251	1004	4	3(2	3(2	NUM
cjal-9251	1004	5	)	)	PUNCT
cjal-9251	1004	6	.	.	PUNCT
cjal-9251	1005	1	289	289	NUM
cjal-9251	1005	2	partn	partn	ADJ
cjal-9251	1005	3	ership	ership	NOUN
cjal-9251	1005	4	enterprise	enterprise	NOUN
cjal-9251	1005	5	law	law	NOUN
cjal-9251	1005	6	,	,	PUNCT
cjal-9251	1005	7	supra	supra	PROPN
cjal-9251	1005	8	note	note	NOUN
cjal-9251	1005	9	126	126	NUM
cjal-9251	1005	10	,	,	PUNCT
cjal-9251	1005	11	art	art	NOUN
cjal-9251	1005	12	.	.	PUNCT
cjal-9251	1006	1	61	61	NUM
cjal-9251	1006	2	.	.	X
cjal-9251	1007	1	200	200	NUM
cjal-9251	1008	1	i	i	PROPN
cjal-9251	1008	2	d.	d.	PROPN
cjal-9251	1008	3	at	at	ADP
cjal-9251	1008	4	arts	art	NOUN
cjal-9251	1008	5	.	.	PUNCT
cjal-9251	1009	1	22	22	NUM
cjal-9251	1009	2	,	,	PUNCT
cjal-9251	1009	3	73	73	NUM
cjal-9251	1009	4	.	.	NOUN
cjal-9251	1010	1	29	29	NUM
cjal-9251	1010	2	1	1	NUM
cjal-9251	1010	3	i	i	PRON
cjal-9251	1010	4	d.	d.	PROPN
cjal-9251	1010	5	at	at	ADP
cjal-9251	1010	6	art	art	NOUN
cjal-9251	1010	7	.	.	PUNCT
cjal-9251	1011	1	24	24	NUM
cjal-9251	1011	2	.	.	X
cjal-9251	1012	1	202	202	NUM
cjal-9251	1012	2	columbia	columbia	PROPN
cjal-9251	1012	3	jo	jo	PROPN
cjal-9251	1012	4	urnal	urnal	PROPN
cjal-9251	1012	5	of	of	ADP
cjal-9251	1012	6	asian	asian	ADJ
cjal-9251	1012	7	l	l	NOUN
cjal-9251	1013	1	aw	aw	INTJ
cjal-9251	1014	1	[	[	X
cjal-9251	1014	2	vol	vol	NOUN
cjal-9251	1014	3	.	.	NOUN
cjal-9251	1014	4	30:160	30:160	NUM
cjal-9251	1014	5	management	management	NOUN
cjal-9251	1014	6	of	of	ADP
cjal-9251	1014	7	the	the	DET
cjal-9251	1014	8	partnership	partnership	NOUN
cjal-9251	1014	9	business	business	NOUN
cjal-9251	1014	10	.	.	PUNCT
cjal-9251	1015	1	292	292	NUM
cjal-9251	1015	2	arguably	arguably	ADV
cjal-9251	1015	3	,	,	PUNCT
cjal-9251	1015	4	any	any	DET
cjal-9251	1015	5	change	change	NOUN
cjal-9251	1015	6	of	of	ADP
cjal-9251	1015	7	the	the	DET
cjal-9251	1015	8	gp	gp	NOUN
cjal-9251	1015	9	is	be	AUX
cjal-9251	1015	10	likely	likely	ADJ
cjal-9251	1015	11	to	to	PART
cjal-9251	1015	12	result	result	VERB
cjal-9251	1015	13	in	in	ADP
cjal-9251	1015	14	serious	serious	ADJ
cjal-9251	1015	15	consequences	consequence	NOUN
cjal-9251	1015	16	for	for	ADP
cjal-9251	1015	17	a	a	DET
cjal-9251	1015	18	fund	fund	NOUN
cjal-9251	1015	19	,	,	PUNCT
cjal-9251	1015	20	particularly	particularly	ADV
cjal-9251	1015	21	with	with	ADP
cjal-9251	1015	22	regard	regard	NOUN
cjal-9251	1015	23	to	to	ADP
cjal-9251	1015	24	the	the	DET
cjal-9251	1015	25	lps	lps	PROPN
cjal-9251	1015	26	'	'	PART
cjal-9251	1015	27	interests	interest	NOUN
cjal-9251	1015	28	since	since	SCONJ
cjal-9251	1015	29	they	they	PRON
cjal-9251	1015	30	rely	rely	VERB
cjal-9251	1015	31	on	on	ADP
cjal-9251	1015	32	the	the	DET
cjal-9251	1015	33	expertise	expertise	NOUN
cjal-9251	1015	34	of	of	ADP
cjal-9251	1015	35	the	the	DET
cjal-9251	1015	36	gp	gp	NOUN
cjal-9251	1015	37	when	when	SCONJ
cjal-9251	1015	38	deciding	decide	VERB
cjal-9251	1015	39	to	to	PART
cjal-9251	1015	40	invest	invest	VERB
cjal-9251	1015	41	in	in	ADP
cjal-9251	1015	42	the	the	DET
cjal-9251	1015	43	fund	fund	NOUN
cjal-9251	1015	44	.	.	PUNCT
cjal-9251	1016	1	therefore	therefore	ADV
cjal-9251	1016	2	,	,	PUNCT
cjal-9251	1016	3	the	the	DET
cjal-9251	1016	4	pel	pel	NOUN
cjal-9251	1016	5	should	should	AUX
cjal-9251	1016	6	not	not	PART
cjal-9251	1016	7	entitle	entitle	VERB
cjal-9251	1016	8	the	the	DET
cjal-9251	1016	9	transferee	transferee	NOUN
cjal-9251	1016	10	,	,	PUNCT
cjal-9251	1016	11	during	during	ADP
cjal-9251	1016	12	the	the	DET
cjal-9251	1016	13	continuance	continuance	NOUN
cjal-9251	1016	14	of	of	ADP
cjal-9251	1016	15	the	the	DET
cjal-9251	1016	16	partnership	partnership	NOUN
cjal-9251	1016	17	,	,	PUNCT
cjal-9251	1016	18	to	to	PART
cjal-9251	1016	19	participate	participate	VERB
cjal-9251	1016	20	in	in	ADP
cjal-9251	1016	21	the	the	DET
cjal-9251	1016	22	fund	fund	NOUN
cjal-9251	1016	23	's	's	PART
cjal-9251	1016	24	management	management	NOUN
cjal-9251	1016	25	.	.	PUNCT
cjal-9251	1017	1	third	third	ADJ
cjal-9251	1017	2	,	,	PUNCT
cjal-9251	1017	3	unlike	unlike	ADP
cjal-9251	1017	4	the	the	DET
cjal-9251	1017	5	delaware	delaware	PROPN
cjal-9251	1017	6	code	code	PROPN
cjal-9251	1017	7	,	,	PUNCT
cjal-9251	1017	8	the	the	DET
cjal-9251	1017	9	pel	pel	NOUN
cjal-9251	1017	10	does	do	AUX
cjal-9251	1017	11	not	not	PART
cjal-9251	1017	12	provide	provide	VERB
cjal-9251	1017	13	any	any	DET
cjal-9251	1017	14	rules	rule	NOUN
cjal-9251	1017	15	specifying	specify	VERB
cjal-9251	1017	16	how	how	SCONJ
cjal-9251	1017	17	an	an	DET
cjal-9251	1017	18	existing	exist	VERB
cjal-9251	1017	19	company	company	NOUN
cjal-9251	1017	20	or	or	CCONJ
cjal-9251	1017	21	partnership	partnership	NOUN
cjal-9251	1017	22	may	may	AUX
cjal-9251	1017	23	convert	convert	VERB
cjal-9251	1017	24	into	into	ADP
cjal-9251	1017	25	a	a	DET
cjal-9251	1017	26	limited	limited	ADJ
cjal-9251	1017	27	partnership	partnership	NOUN
cjal-9251	1017	28	or	or	CCONJ
cjal-9251	1017	29	vice	vice	NOUN
cjal-9251	1017	30	uersa	uersa	PROPN
cjal-9251	1017	31	.	.	PUNCT
cjal-9251	1018	1	293	293	NUM
cjal-9251	1018	2	there	there	PRON
cjal-9251	1018	3	is	be	VERB
cjal-9251	1018	4	a	a	DET
cjal-9251	1018	5	practical	practical	ADJ
cjal-9251	1018	6	need	need	NOUN
cjal-9251	1018	7	for	for	SCONJ
cjal-9251	1018	8	vc	vc	PROPN
cjal-9251	1018	9	limited	limit	VERB
cjal-9251	1018	10	partnerships	partnership	NOUN
cjal-9251	1018	11	to	to	PART
cjal-9251	1018	12	be	be	AUX
cjal-9251	1018	13	able	able	ADJ
cjal-9251	1018	14	to	to	PART
cjal-9251	1018	15	convert	convert	VERB
cjal-9251	1018	16	into	into	ADP
cjal-9251	1018	17	companies	company	NOUN
cjal-9251	1018	18	,	,	PUNCT
cjal-9251	1018	19	especially	especially	ADV
cjal-9251	1018	20	when	when	SCONJ
cjal-9251	1018	21	the	the	DET
cjal-9251	1018	22	limited	limited	ADJ
cjal-9251	1018	23	partnership	partnership	NOUN
cjal-9251	1018	24	-	-	PUNCT
cjal-9251	1018	25	type	type	NOUN
cjal-9251	1018	26	funds	fund	NOUN
cjal-9251	1018	27	would	would	AUX
cjal-9251	1018	28	like	like	VERB
cjal-9251	1018	29	to	to	PART
cjal-9251	1018	30	expand	expand	VERB
cjal-9251	1018	31	their	their	PRON
cjal-9251	1018	32	business.294	business.294	NOUN
cjal-9251	1018	33	currently	currently	ADV
cjal-9251	1018	34	,	,	PUNCT
cjal-9251	1018	35	funds	fund	NOUN
cjal-9251	1018	36	must	must	AUX
cjal-9251	1018	37	deregister	deregister	VERB
cjal-9251	1018	38	as	as	ADP
cjal-9251	1018	39	limited	limited	ADJ
cjal-9251	1018	40	partnerships	partnership	NOUN
cjal-9251	1018	41	and	and	CCONJ
cjal-9251	1018	42	re	re	AUX
cjal-9251	1018	43	-establish	-establish	VERB
cjal-9251	1018	44	themselves	themselves	PRON
cjal-9251	1018	45	as	as	ADP
cjal-9251	1018	46	companies	company	NOUN
cjal-9251	1018	47	in	in	ADP
cjal-9251	1018	48	order	order	NOUN
cjal-9251	1018	49	to	to	PART
cjal-9251	1018	50	convert	convert	VERB
cjal-9251	1018	51	to	to	ADP
cjal-9251	1018	52	companies	company	NOUN
cjal-9251	1018	53	.	.	PUNCT
cjal-9251	1019	1	ideally	ideally	ADV
cjal-9251	1019	2	,	,	PUNCT
cjal-9251	1019	3	the	the	DET
cjal-9251	1019	4	chinese	chinese	ADJ
cjal-9251	1019	5	legislature	legislature	NOUN
cjal-9251	1019	6	would	would	AUX
cjal-9251	1019	7	provide	provide	VERB
cjal-9251	1019	8	a	a	DET
cjal-9251	1019	9	seamless	seamless	ADJ
cjal-9251	1019	10	process	process	NOUN
cjal-9251	1019	11	for	for	ADP
cjal-9251	1019	12	the	the	DET
cjal-9251	1019	13	conversion	conversion	NOUN
cjal-9251	1019	14	of	of	ADP
cjal-9251	1019	15	limited	limited	ADJ
cjal-9251	1019	16	partnerships	partnership	NOUN
cjal-9251	1019	17	to	to	ADP
cjal-9251	1019	18	companies	company	NOUN
cjal-9251	1019	19	.	.	PUNCT
cjal-9251	1020	1	fourth	fourth	ADV
cjal-9251	1020	2	,	,	PUNCT
cjal-9251	1020	3	delaware	delaware	PROPN
cjal-9251	1020	4	and	and	CCONJ
cjal-9251	1020	5	the	the	DET
cjal-9251	1020	6	upa	upa	NOUN
cjal-9251	1020	7	do	do	AUX
cjal-9251	1020	8	not	not	PART
cjal-9251	1020	9	require	require	VERB
cjal-9251	1020	10	newly	newly	ADV
cjal-9251	1020	11	admitted	admit	VERB
cjal-9251	1020	12	partners	partner	NOUN
cjal-9251	1020	13	,	,	PUNCT
cjal-9251	1020	14	whether	whether	SCONJ
cjal-9251	1020	15	general	general	ADJ
cjal-9251	1020	16	or	or	CCONJ
cjal-9251	1020	17	limited	limited	ADJ
cjal-9251	1020	18	,	,	PUNCT
cjal-9251	1020	19	to	to	PART
cjal-9251	1020	20	be	be	AUX
cjal-9251	1020	21	personally	personally	ADV
cjal-9251	1020	22	liable	liable	ADJ
cjal-9251	1020	23	for	for	ADP
cjal-9251	1020	24	the	the	DET
cjal-9251	1020	25	prior	prior	ADJ
cjal-9251	1020	26	obligations	obligation	NOUN
cjal-9251	1020	27	of	of	ADP
cjal-9251	1020	28	the	the	DET
cjal-9251	1020	29	partnership	partnership	NOUN
cjal-9251	1020	30	.	.	PUNCT
cjal-9251	1021	1	295	295	NUM
cjal-9251	1022	1	logically	logically	ADV
cjal-9251	1022	2	,	,	PUNCT
cjal-9251	1022	3	the	the	DET
cjal-9251	1022	4	newl	newl	NOUN
cjal-9251	1022	5	y	y	PROPN
cjal-9251	1022	6	admitted	admit	VERB
cjal-9251	1022	7	partner	partner	NOUN
cjal-9251	1022	8	ought	ought	AUX
cjal-9251	1022	9	not	not	PART
cjal-9251	1022	10	to	to	PART
cjal-9251	1022	11	bear	bear	VERB
cjal-9251	1022	12	any	any	DET
cjal-9251	1022	13	liability	liability	NOUN
cjal-9251	1022	14	for	for	ADP
cjal-9251	1022	15	the	the	DET
cjal-9251	1022	16	prior	prior	ADJ
cjal-9251	1022	17	debts	debt	NOUN
cjal-9251	1022	18	of	of	ADP
cjal-9251	1022	19	the	the	DET
cjal-9251	1022	20	firm	firm	NOUN
cjal-9251	1022	21	,	,	PUNCT
cjal-9251	1022	22	since	since	SCONJ
cjal-9251	1022	23	he	he	PRON
cjal-9251	1022	24	was	be	AUX
cjal-9251	1022	25	not	not	PART
cjal-9251	1022	26	a	a	DET
cjal-9251	1022	27	partner	partner	NOUN
cjal-9251	1022	28	then	then	ADV
cjal-9251	1022	29	and	and	CCONJ
cjal-9251	1022	30	was	be	AUX
cjal-9251	1022	31	not	not	PART
cjal-9251	1022	32	involved	involve	VERB
cjal-9251	1022	33	in	in	ADP
cjal-9251	1022	34	any	any	DET
cjal-9251	1022	35	form	form	NOUN
cjal-9251	1022	36	of	of	ADP
cjal-9251	1022	37	management	management	NOUN
cjal-9251	1022	38	of	of	ADP
cjal-9251	1022	39	the	the	DET
cjal-9251	1022	40	firm	firm	NOUN
cjal-9251	1022	41	.	.	PUNCT
cjal-9251	1023	1	however	however	ADV
cjal-9251	1023	2	,	,	PUNCT
cjal-9251	1023	3	similar	similar	ADJ
cjal-9251	1023	4	to	to	ADP
cjal-9251	1023	5	a	a	DET
cjal-9251	1023	6	gp	gp	NOUN
cjal-9251	1023	7	in	in	ADP
cjal-9251	1023	8	a	a	DET
cjal-9251	1023	9	german	german	ADJ
cjal-9251	1023	10	limited	limited	ADJ
cjal-9251	1023	11	partnership	partnership	NOUN
cjal-9251	1023	12	,	,	PUNCT
cjal-9251	1023	13	296	296	NUM
cjal-9251	1023	14	a	a	DET
cjal-9251	1023	15	gp	gp	NOUN
cjal-9251	1023	16	in	in	ADP
cjal-9251	1023	17	a	a	DET
cjal-9251	1023	18	chinese	chinese	ADJ
cjal-9251	1023	19	limited	limited	ADJ
cjal-9251	1023	20	partnership	partnership	NOUN
cjal-9251	1023	21	will	will	AUX
cjal-9251	1023	22	assume	assume	VERB
cjal-9251	1023	23	joint	joint	ADJ
cjal-9251	1023	24	liability	liability	NOUN
cjal-9251	1023	25	with	with	ADP
cjal-9251	1023	26	the	the	DET
cjal-9251	1023	27	existing	exist	VERB
cjal-9251	1023	28	partners	partner	NOUN
cjal-9251	1023	29	for	for	ADP
cjal-9251	1023	30	debts	debt	NOUN
cjal-9251	1023	31	incurred	incur	VERB
cjal-9251	1023	32	by	by	ADP
cjal-9251	1023	33	the	the	DET
cjal-9251	1023	34	firm	firm	NOUN
cjal-9251	1023	35	before	before	SCONJ
cjal-9251	1023	36	he	he	PRON
cjal-9251	1023	37	joined	join	VERB
cjal-9251	1023	38	the	the	DET
cjal-9251	1023	39	firm	firm	NOUN
cjal-9251	1023	40	.	.	PUNCT
cjal-9251	1024	1	correspondingly	correspondingly	ADV
cjal-9251	1024	2	,	,	PUNCT
cjal-9251	1024	3	a	a	DET
cjal-9251	1024	4	new	new	ADJ
cjal-9251	1024	5	lp	lp	NOUN
cjal-9251	1024	6	will	will	AUX
cjal-9251	1024	7	bear	bear	VERB
cjal-9251	1024	8	liability	liability	NOUN
cjal-9251	1024	9	to	to	ADP
cjal-9251	1024	10	the	the	DET
cjal-9251	1024	11	extent	extent	NOUN
cjal-9251	1024	12	of	of	ADP
cjal-9251	1024	13	his	his	PRON
cjal-9251	1024	14	capital	capital	NOUN
cjal-9251	1024	15	contribution	contribution	NOUN
cjal-9251	1024	16	even	even	ADV
cjal-9251	1024	17	if	if	SCONJ
cjal-9251	1024	18	the	the	DET
cjal-9251	1024	19	partnership	partnership	NOUN
cjal-9251	1024	20	's	's	PART
cjal-9251	1024	21	debts	debt	NOUN
cjal-9251	1024	22	were	be	AUX
cjal-9251	1024	23	incurred	incur	VERB
cjal-9251	1024	24	before	before	SCONJ
cjal-9251	1024	25	he	he	PRON
cjal-9251	1024	26	joined	join	VERB
cjal-9251	1024	27	the	the	DET
cjal-9251	1024	28	firm	firm	NOUN
cjal-9251	1024	29	.	.	PUNCT
cjal-9251	1025	1	297	297	NUM
cjal-9251	1025	2	this	this	DET
cjal-9251	1025	3	restriction	restriction	NOUN
cjal-9251	1025	4	would	would	AUX
cjal-9251	1025	5	reduce	reduce	VERB
cjal-9251	1025	6	the	the	DET
cjal-9251	1025	7	attractiveness	attractiveness	NOUN
cjal-9251	1025	8	of	of	ADP
cjal-9251	1025	9	the	the	DET
cjal-9251	1025	10	limited	limited	ADJ
cjal-9251	1025	11	partnership	partnership	NOUN
cjal-9251	1025	12	to	to	ADP
cjal-9251	1025	13	the	the	DET
cjal-9251	1025	14	venture	venture	NOUN
cjal-9251	1025	15	capitalists	capitalist	NOUN
cjal-9251	1025	16	and	and	CCONJ
cjal-9251	1025	17	investors	investor	NOUN
cjal-9251	1025	18	.	.	PUNCT
cjal-9251	1026	1	i	i	PRON
cjal-9251	1026	2	suggest	suggest	VERB
cjal-9251	1026	3	that	that	SCONJ
cjal-9251	1026	4	the	the	DET
cjal-9251	1026	5	pel	pel	PROPN
cjal-9251	1026	6	not	not	PART
cjal-9251	1026	7	require	require	VERB
cjal-9251	1026	8	newly	newly	ADV
cjal-9251	1026	9	admitted	admit	VERB
cjal-9251	1026	10	gps	gps	PROPN
cjal-9251	1026	11	or	or	CCONJ
cjal-9251	1026	12	lps	lps	PROPN
cjal-9251	1026	13	to	to	PART
cjal-9251	1026	14	be	be	AUX
cjal-9251	1026	15	personally	personally	ADV
cjal-9251	1026	16	liable	liable	ADJ
cjal-9251	1026	17	for	for	ADP
cjal-9251	1026	18	the	the	DET
cjal-9251	1026	19	prior	prior	ADJ
cjal-9251	1026	20	obligations	obligation	NOUN
cjal-9251	1026	21	of	of	ADP
cjal-9251	1026	22	the	the	DET
cjal-9251	1026	23	partnership	partnership	NOUN
cjal-9251	1026	24	.	.	PUNCT
cjal-9251	1027	1	lastly	lastly	ADV
cjal-9251	1027	2	,	,	PUNCT
cjal-9251	1027	3	another	another	DET
cjal-9251	1027	4	distinctive	distinctive	ADJ
cjal-9251	1027	5	feature	feature	NOUN
cjal-9251	1027	6	of	of	ADP
cjal-9251	1027	7	the	the	DET
cjal-9251	1027	8	pel	pel	NOUN
cjal-9251	1027	9	is	be	AUX
cjal-9251	1027	10	the	the	DET
cjal-9251	1027	11	requirement	requirement	NOUN
cjal-9251	1027	12	that	that	SCONJ
cjal-9251	1027	13	limited	limited	ADJ
cjal-9251	1027	14	partnerships	partnership	NOUN
cjal-9251	1027	15	be	be	AUX
cjal-9251	1027	16	dissolved	dissolve	VERB
cjal-9251	1027	17	in	in	ADP
cjal-9251	1027	18	the	the	DET
cjal-9251	1027	19	event	event	NOUN
cjal-9251	1027	20	that	that	SCONJ
cjal-9251	1027	21	the	the	DET
cjal-9251	1027	22	limited	limited	ADJ
cjal-9251	1027	23	partnership	partnership	NOUN
cjal-9251	1027	24	is	be	AUX
cjal-9251	1027	25	left	leave	VERB
cjal-9251	1027	26	with	with	ADP
cjal-9251	1027	27	only	only	ADJ
cjal-9251	1027	28	lps	lps	PROPN
cjal-9251	1027	29	.	.	PUNCT
cjal-9251	1028	1	298	298	NUM
cjal-9251	1028	2	the	the	DET
cjal-9251	1028	3	limited	limited	ADJ
cjal-9251	1028	4	partnership	partnership	NOUN
cjal-9251	1028	5	should	should	AUX
cjal-9251	1028	6	be	be	AUX
cjal-9251	1028	7	292	292	NUM
cjal-9251	1028	8	unif	unif	ADJ
cjal-9251	1028	9	.	.	PUNCT
cjal-9251	1029	1	partnership	partnership	PROPN
cjal-9251	1029	2	act	act	PROPN
cjal-9251	1029	3	§	§	PROPN
cjal-9251	1029	4	503	503	NUM
cjal-9251	1029	5	(	(	PUNCT
cjal-9251	1029	6	nat'l	nat'l	NOUN
cjal-9251	1029	7	conference	conference	NOUN
cjal-9251	1029	8	of	of	ADP
cjal-9251	1029	9	com	com	NOUN
cjal-9251	1029	10	m'rs	m'rs	PROPN
cjal-9251	1029	11	on	on	ADP
cjal-9251	1029	12	unif	unif	NOUN
cjal-9251	1029	13	.	.	PUNCT
cjal-9251	1030	1	state	state	NOUN
cjal-9251	1030	2	laws	law	NOUN
cjal-9251	1030	3	1997	1997	NUM
cjal-9251	1030	4	)	)	PUNCT
cjal-9251	1030	5	.	.	PUNCT
cjal-9251	1031	1	293	293	NUM
cjal-9251	1031	2	see	see	VERB
cjal-9251	1031	3	del	del	PROPN
cjal-9251	1031	4	.	.	PROPN
cjal-9251	1031	5	code	code	PROPN
cjal-9251	1031	6	ann	ann	PROPN
cjal-9251	1031	7	.	.	PUNCT
cjal-9251	1032	1	tit	tit	NOUN
cjal-9251	1032	2	.	.	PUNCT
cjal-9251	1033	1	6	6	NUM
cjal-9251	1033	2	,	,	PUNCT
cjal-9251	1033	3	§	§	NOUN
cjal-9251	1033	4	17	17	NUM
cjal-9251	1033	5	-	-	SYM
cjal-9251	1033	6	217	217	NUM
cjal-9251	1033	7	(	(	PUNCT
cjal-9251	1033	8	west	west	NOUN
cjal-9251	1033	9	2013	2013	NUM
cjal-9251	1033	10	)	)	PUNCT
cjal-9251	1033	11	.	.	PUNCT
cjal-9251	1034	1	294	294	NUM
cjal-9251	1034	2	yang	yang	PROPN
cjal-9251	1034	3	guang	guang	PROPN
cjal-9251	1034	4	(	(	PUNCT
cjal-9251	1034	5	ll8	ll8	PROPN
cjal-9251	1034	6	ft	ft	NOUN
cjal-9251	1034	7	)	)	PUNCT
cjal-9251	1034	8	,	,	PUNCT
cjal-9251	1034	9	renminbi	renminbi	NOUN
cjal-9251	1034	10	jijin	jijin	PROPN
cjal-9251	1034	11	bianlian	bianlian	PROPN
cjal-9251	1034	12	:	:	PUNCT
cjal-9251	1034	13	gp	gp	PROPN
cjal-9251	1034	14	gaobili	gaobili	PROPN
cjal-9251	1034	15	chuzi	chuzi	PROPN
cjal-9251	1034	16	ji	ji	PROPN
cjal-9251	1034	17	huigui	huigui	PROPN
cjal-9251	1034	18	gongsizhi	gongsizhi	PROPN
cjal-9251	1034	19	cheng	cheng	PROPN
cjal-9251	1034	20	qushi	qushi	PROPN
cjal-9251	1034	21	(	(	PUNCT
cjal-9251	1034	22	a	a	DET
cjal-9251	1034	23	~	~	PROPN
cjal-9251	1034	24	ifi	ifi	X
cjal-9251	1034	25	~	~	VERB
cjal-9251	1034	26	slt~~	slt~~	ADP
cjal-9251	1034	27	gp	gp	NOUN
cjal-9251	1034	28	~l	~l	NUM
cjal-9251	1034	29	:	:	PUNCT
cjal-9251	1034	30	t	t	PROPN
cjal-9251	1034	31	~	~	SYM
cjal-9251	1034	32	jtl	jtl	NOUN
cjal-9251	1034	33	:	:	PUNCT
cjal-9251	1034	34	lmlil@j!ll	lmlil@j!ll	NOUN
cjal-9251	1034	35	~	~	NOUN
cjal-9251	1034	36	ii'jl!l1jrot~~	ii'jl!l1jrot~~	NOUN
cjal-9251	1034	37	)	)	PUNCT
cjal-9251	1034	38	[	[	X
cjal-9251	1034	39	rmb	rmb	NOUN
cjal-9251	1034	40	funds	fund	NOUN
cjal-9251	1034	41	change	change	VERB
cjal-9251	1034	42	faces	face	VERB
cjal-9251	1034	43	:	:	PUNCT
cjal-9251	1034	44	trends	trend	NOUN
cjal-9251	1034	45	of	of	ADP
cjal-9251	1034	46	converting	convert	VERB
cjal-9251	1034	47	back	back	ADV
cjal-9251	1034	48	t-0	t-0	NOUN
cjal-9251	1034	49	companies	company	NOUN
cjal-9251	1034	50	and	and	CCONJ
cjal-9251	1034	51	increasing	increase	VERB
cjal-9251	1034	52	capital	capital	NOUN
cjal-9251	1034	53	contributions	contribution	NOUN
cjal-9251	1034	54	by	by	ADP
cjal-9251	1034	55	gp	gp	NOUN
cjal-9251	1034	56	]	]	PUNCT
cjal-9251	1034	57	,	,	PUNCT
cjal-9251	1034	58	tou	tou	PROPN
cjal-9251	1034	59	zhong	zhong	PROPN
cjal-9251	1034	60	wang	wang	PROPN
cjal-9251	1034	61	(	(	PUNCT
cjal-9251	1034	62	n	n	CCONJ
cjal-9251	1034	63	:	:	PUNCT
cjal-9251	1034	64	rt,~	rt,~	NOUN
cjal-9251	1034	65	)	)	PUNCT
cjal-9251	1035	1	[	[	X
cjal-9251	1035	2	chinese	chinese	ADJ
cjal-9251	1035	3	venture	venture	NOUN
cjal-9251	1035	4	]	]	PUNCT
cjal-9251	1035	5	(	(	PUNCT
cjal-9251	1035	6	jun	jun	PROPN
cjal-9251	1035	7	.	.	PROPN
cjal-9251	1035	8	2	2	NUM
cjal-9251	1035	9	,	,	PUNCT
cjal-9251	1035	10	2009	2009	NUM
cjal-9251	1035	11	)	)	PUNCT
cjal-9251	1035	12	,	,	PUNCT
cjal-9251	1035	13	http://bit.ly/2sscnkr	http://bit.ly/2sscnkr	PROPN
cjal-9251	1035	14	.	.	PUNCT
cjal-9251	1035	15	:	:	PUNCT
cjal-9251	1035	16	see	see	VERB
cjal-9251	1035	17	del	del	PROPN
cjal-9251	1035	18	.	.	PROPN
cjal-9251	1035	19	code	code	PROPN
cjal-9251	1035	20	ann	ann	PROPN
cjal-9251	1035	21	.	.	PUNCT
cjal-9251	1036	1	tit	tit	PROPN
cjal-9251	1036	2	.	.	PUNCT
cjal-9251	1037	1	_	_	NOUN
cjal-9251	1037	2	6	6	NUM
cjal-9251	1037	3	,	,	PUNCT
cjal-9251	1037	4	§	§	NOUN
cjal-9251	1037	5	15	15	NUM
cjal-9251	1037	6	-	-	SYM
cjal-9251	1037	7	306	306	NUM
cjal-9251	1037	8	(	(	PUNCT
cjal-9251	1037	9	west	west	NOUN
cjal-9251	1037	10	2011	2011	NUM
cjal-9251	1037	11	)	)	PUNCT
cjal-9251	1037	12	;	;	PUNCT
cjal-9251	1037	13	unif	unif	ADJ
cjal-9251	1037	14	.	.	PUNCT
cjal-9251	1038	1	partn"ershjp	partn"ershjp	PROPN
cjal-9251	1038	2	act	act	VERB
cjal-9251	1038	3	§	§	PROPN
cjal-9251	1038	4	306	306	NUM
cjal-9251	1038	5	.	.	PUNCT
cjal-9251	1039	1	the	the	DET
cjal-9251	1039	2	german	german	ADJ
cjal-9251	1039	3	commercial	commercial	ADJ
cjal-9251	1039	4	code	code	NOUN
cjal-9251	1039	5	§	§	PROPN
cjal-9251	1039	6	130	130	NUM
cjal-9251	1039	7	provide	provide	NOUN
cjal-9251	1039	8	s	s	PRON
cjal-9251	1039	9	that	that	SCONJ
cjal-9251	1039	10	a	a	DET
cjal-9251	1039	11	new	new	ADJ
cjal-9251	1039	12	partner	partner	NOUN
cjal-9251	1039	13	is	be	AUX
cjal-9251	1039	14	liable	liable	ADJ
cjal-9251	1039	15	as	as	ADP
cjal-9251	1039	16	the	the	DET
cjal-9251	1039	17	other	other	ADJ
cjal-9251	1039	18	partners	partner	NOUN
cjal-9251	1039	19	for	for	ADP
cjal-9251	1039	20	partnership	partnership	NOUN
cjal-9251	1039	21	obligations	obligation	NOUN
cjal-9251	1039	22	incurred	incur	VERB
cjal-9251	1039	23	before	before	SCONJ
cjal-9251	1039	24	he	he	PRON
cjal-9251	1039	25	joined	join	VERB
cjal-9251	1039	26	.	.	PUNCT
cjal-9251	1040	1	hru	hru	NOUN
cjal-9251	1040	2	~	~	NUM
cjal-9251	1040	3	el.sgesetzbuch	el.sgesetzbuch	NOUN
cjal-9251	1041	1	[	[	X
cjal-9251	1041	2	hgb	hgb	X
cjal-9251	1041	3	)	)	PUNCT
cjal-9251	1041	4	l?ommerclal	l?ommerclal	PROPN
cjal-9251	1041	5	code	code	NOUN
cjal-9251	1041	6	]	]	PUNCT
cjal-9251	1041	7	,	,	PUNCT
cjal-9251	1041	8	§	§	PROPN
cjal-9251	1041	9	_	_	NOUN
cjal-9251	1041	10	130	130	NUM
cjal-9251	1041	11	.	.	PUNCT
cjal-9251	1042	1	the	the	DET
cjal-9251	1042	2	german	german	ADJ
cjal-9251	1042	3	commercial	commercial	ADJ
cjal-9251	1042	4	code	code	NOUN
cjal-9251	1042	5	also	also	ADV
cjal-9251	1042	6	provides	provide	VERB
cjal-9251	1042	7	that	that	SCONJ
cjal-9251	1042	8	a	a	DET
cjal-9251	1042	9	new	new	ADJ
cjal-9251	1042	10	limited	limited	ADJ
cjal-9251	1042	11	partner	partner	NOUN
cjal-9251	1042	12	shall	shall	AUX
cjal-9251	1042	13	be	be	AUX
cjal-9251	1042	14	liable	liable	ADJ
cjal-9251	1042	15	for	for	ADP
cjal-9251	1042	16	partnership	partnership	NOUN
cjal-9251	1042	17	obligations	obligation	NOUN
cjal-9251	1042	18	incurred	incur	VERB
cjal-9251	1042	19	before	before	SCONJ
cjal-9251	1042	20	he	he	PRON
cjal-9251	1042	21	joined	join	VERB
cjal-9251	1042	22	.	.	PUNCT
cjal-9251	1043	1	i	i	PRON
cjal-9251	1043	2	d.	d.	PROPN
cjal-9251	1043	3	at§	at§	PROPN
cjal-9251	1043	4	173	173	NUM
cjal-9251	1043	5	.	.	SYM
cjal-9251	1043	6	297	297	NUM
cjal-9251	1043	7	partnership	partnership	NOUN
cjal-9251	1043	8	enterprise	enterprise	NOUN
cjal-9251	1043	9	law	law	NOUN
cjal-9251	1043	10	,	,	PUNCT
cjal-9251	1043	11	supra	supra	NOUN
cjal-9251	1043	12	not	not	PART
cjal-9251	1043	13	e	e	NOUN
cjal-9251	1043	14	126	126	NUM
cjal-9251	1043	15	at	at	ADP
cjal-9251	1043	16	arts	art	NOUN
cjal-9251	1043	17	44	44	NUM
cjal-9251	1043	18	77	77	NUM
cjal-9251	1043	19	2!>8	2!>8	NUM
cjal-9251	1044	1	i	i	PRON
cjal-9251	1044	2	d.	d.	PROPN
cjal-9251	1044	3	at	at	ADP
cjal-9251	1044	4	art	art	NOUN
cjal-9251	1044	5	.	.	PUNCT
cjal-9251	1045	1	75	75	NUM
cjal-9251	1045	2	.	.	PUNCT
cjal-9251	1045	3	'	'	PUNCT
cjal-9251	1045	4	·	·	PUNCT
cjal-9251	1045	5	'	'	PUNCT
cjal-9251	1045	6	·	·	SYM
cjal-9251	1045	7	2017	2017	NUM
cjal-9251	1045	8	]	]	PUNCT
cjal-9251	1045	9	engineering	engineer	VERB
cjal-9251	1045	10	a	a	DET
cjal-9251	1045	11	venture	venture	NOUN
cjal-9251	1045	12	capital	capital	NOUN
cjal-9251	1045	13	market	market	NOUN
cjal-9251	1045	14	203	203	NUM
cjal-9251	1045	15	converted	convert	VERB
cjal-9251	1045	16	into	into	ADP
cjal-9251	1045	17	a	a	DET
cjal-9251	1045	18	general	general	ADJ
cjal-9251	1045	19	partnership	partnership	NOUN
cjal-9251	1045	20	if	if	SCONJ
cjal-9251	1045	21	it	it	PRON
cjal-9251	1045	22	is	be	AUX
cjal-9251	1045	23	left	leave	VERB
cjal-9251	1045	24	with	with	ADP
cjal-9251	1045	25	only	only	ADJ
cjal-9251	1045	26	gps	gps	PROPN
cjal-9251	1045	27	.	.	PUNCT
cjal-9251	1046	1	299	299	NUM
cjal-9251	1046	2	equivalent	equivalent	ADJ
cjal-9251	1046	3	provisions	provision	NOUN
cjal-9251	1046	4	are	be	AUX
cjal-9251	1046	5	not	not	PART
cjal-9251	1046	6	found	find	VERB
cjal-9251	1046	7	in	in	ADP
cjal-9251	1046	8	the	the	DET
cjal-9251	1046	9	pel	pel	PROPN
cjal-9251	1046	10	's	's	PART
cjal-9251	1046	11	german	german	ADJ
cjal-9251	1046	12	,	,	PUNCT
cjal-9251	1046	13	french	french	ADJ
cjal-9251	1046	14	,	,	PUNCT
cjal-9251	1046	15	and	and	CCONJ
cjal-9251	1046	16	u.s	u.s	PROPN
cjal-9251	1046	17	.	.	PROPN
cjal-9251	1046	18	counterparts	counterpart	NOUN
cjal-9251	1046	19	.	.	PUNCT
cjal-9251	1047	1	a	a	DET
cjal-9251	1047	2	chinese	chinese	ADJ
cjal-9251	1047	3	limited	limited	ADJ
cjal-9251	1047	4	partnership	partnership	NOUN
cjal-9251	1047	5	with	with	ADP
cjal-9251	1047	6	only	only	ADV
cjal-9251	1047	7	lps	lps	PROPN
cjal-9251	1047	8	should	should	AUX
cjal-9251	1047	9	be	be	AUX
cjal-9251	1047	10	allowed	allow	VERB
cjal-9251	1047	11	to	to	PART
cjal-9251	1047	12	continue	continue	VERB
cjal-9251	1047	13	operating	operate	VERB
cjal-9251	1047	14	as	as	ADP
cjal-9251	1047	15	a	a	DET
cjal-9251	1047	16	limited	limited	ADJ
cjal-9251	1047	17	partnership	partnership	NOUN
cjal-9251	1047	18	over	over	ADP
cjal-9251	1047	19	a	a	DET
cjal-9251	1047	20	grace	grace	NOUN
cjal-9251	1047	21	period	period	NOUN
cjal-9251	1047	22	so	so	SCONJ
cjal-9251	1047	23	as	as	ADP
cjal-9251	1047	24	to	to	ADP
cjal-9251	1047	25	exp	exp	VERB
cjal-9251	1047	26	lore	lore	NOUN
cjal-9251	1047	27	possible	possible	ADJ
cjal-9251	1047	28	options	option	NOUN
cjal-9251	1047	29	and	and	CCONJ
cjal-9251	1047	30	attract	attract	VERB
cjal-9251	1047	31	incoming	incoming	ADJ
cjal-9251	1047	32	gps	gps	NOUN
cjal-9251	1047	33	.	.	PUNCT
cjal-9251	1048	1	also	also	ADV
cjal-9251	1048	2	,	,	PUNCT
cjal-9251	1048	3	as	as	ADP
cjal-9251	1048	4	a	a	DET
cjal-9251	1048	5	typical	typical	ADJ
cjal-9251	1048	6	vc	vc	PROPN
cjal-9251	1048	7	fund	fund	NOUN
cjal-9251	1048	8	usually	usually	ADV
cjal-9251	1048	9	lasts	last	VERB
cjal-9251	1048	10	for	for	ADP
cjal-9251	1048	11	ten	ten	NUM
cjal-9251	1048	12	years	year	NOUN
cjal-9251	1048	13	and	and	CCONJ
cjal-9251	1048	14	makes	make	VERB
cjal-9251	1048	15	long	long	ADJ
cjal-9251	1048	16	-	-	PUNCT
cjal-9251	1048	17	term	term	NOUN
cjal-9251	1048	18	investments	investment	NOUN
cjal-9251	1048	19	in	in	ADP
cjal-9251	1048	20	a	a	DET
cjal-9251	1048	21	number	number	NOUN
cjal-9251	1048	22	of	of	ADP
cjal-9251	1048	23	companies	company	NOUN
cjal-9251	1048	24	,	,	PUNCT
cjal-9251	1048	25	forcing	force	VERB
cjal-9251	1048	26	a	a	DET
cjal-9251	1048	27	limited	limited	ADJ
cjal-9251	1048	28	partnership	partnership	NOUN
cjal-9251	1048	29	to	to	PART
cjal-9251	1048	30	be	be	AUX
cjal-9251	1048	31	dissolved	dissolve	VERB
cjal-9251	1048	32	would	would	AUX
cjal-9251	1048	33	create	create	VERB
cjal-9251	1048	34	unnecessary	unnecessary	ADJ
cjal-9251	1048	35	costs	cost	NOUN
cjal-9251	1048	36	and	and	CCONJ
cjal-9251	1048	37	adversely	adversely	ADV
cjal-9251	1048	38	affect	affect	VERB
cjal-9251	1048	39	the	the	DET
cjal-9251	1048	40	operation	operation	NOUN
cjal-9251	1048	41	of	of	ADP
cjal-9251	1048	42	the	the	DET
cjal-9251	1048	43	investee	investee	NOUN
cjal-9251	1048	44	portfolio	portfolio	NOUN
cjal-9251	1048	45	companies	company	NOUN
cjal-9251	1048	46	,	,	PUNCT
cjal-9251	1048	47	which	which	PRON
cjal-9251	1048	48	largely	largely	ADV
cjal-9251	1048	49	rely	rely	VERB
cjal-9251	1048	50	on	on	ADP
cjal-9251	1048	51	the	the	DET
cjal-9251	1048	52	funding	funding	NOUN
cjal-9251	1048	53	and	and	CCONJ
cjal-9251	1048	54	management	management	NOUN
cjal-9251	1048	55	of	of	ADP
cjal-9251	1048	56	the	the	DET
cjal-9251	1048	57	vc	vc	PROPN
cjal-9251	1048	58	fund	fund	PROPN
cjal-9251	1048	59	.	.	PUNCT
cjal-9251	1049	1	c.	c.	NOUN
cjal-9251	1049	2	problems	problem	NOUN
cjal-9251	1049	3	with	with	ADP
cjal-9251	1049	4	entrepreneurs	entrepreneur	NOUN
cjal-9251	1049	5	despite	despite	SCONJ
cjal-9251	1049	6	the	the	DET
cjal-9251	1049	7	effective	effective	ADJ
cjal-9251	1049	8	policies	policy	NOUN
cjal-9251	1049	9	and	and	CCONJ
cjal-9251	1049	10	mechanisms	mechanism	NOUN
cjal-9251	1049	11	put	put	VERB
cjal-9251	1049	12	in	in	ADP
cjal-9251	1049	13	place	place	NOUN
cjal-9251	1049	14	to	to	PART
cjal-9251	1049	15	promote	promote	VERB
cjal-9251	1049	16	the	the	DET
cjal-9251	1049	17	growth	growth	NOUN
cjal-9251	1049	18	of	of	ADP
cjal-9251	1049	19	entrepreneurs	entrepreneur	NOUN
cjal-9251	1049	20	and	and	CCONJ
cjal-9251	1049	21	entrepreneurial	entrepreneurial	ADJ
cjal-9251	1049	22	firms	firm	NOUN
cjal-9251	1049	23	as	as	SCONJ
cjal-9251	1049	24	discussed	discuss	VERB
cjal-9251	1049	25	in	in	ADP
cjal-9251	1049	26	the	the	DET
cjal-9251	1049	27	last	last	ADJ
cjal-9251	1049	28	part	part	NOUN
cjal-9251	1049	29	,	,	PUNCT
cjal-9251	1049	30	more	more	ADJ
cjal-9251	1049	31	gaps	gap	NOUN
cjal-9251	1049	32	in	in	ADP
cjal-9251	1049	33	legislation	legislation	NOUN
cjal-9251	1049	34	must	must	AUX
cjal-9251	1049	35	be	be	AUX
cjal-9251	1049	36	filled	fill	VERB
cjal-9251	1049	37	to	to	PART
cjal-9251	1049	38	continue	continue	VERB
cjal-9251	1049	39	to	to	PART
cjal-9251	1049	40	address	address	VERB
cjal-9251	1049	41	the	the	DET
cjal-9251	1049	42	issue	issue	NOUN
cjal-9251	1049	43	of	of	ADP
cjal-9251	1049	44	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1049	45	in	in	ADP
cjal-9251	1049	46	china	china	PROPN
cjal-9251	1049	47	,	,	PUNCT
cjal-9251	1049	48	particularly	particularly	ADV
cjal-9251	1049	49	in	in	ADP
cjal-9251	1049	50	enhancing	enhance	VERB
cjal-9251	1049	51	the	the	DET
cjal-9251	1049	52	protection	protection	NOUN
cjal-9251	1049	53	of	of	ADP
cjal-9251	1049	54	intellectual	intellectual	ADJ
cjal-9251	1049	55	property	property	NOUN
cjal-9251	1049	56	rights	right	NOUN
cjal-9251	1049	57	.	.	PUNCT
cjal-9251	1050	1	interviewees	interviewee	NOUN
cjal-9251	1050	2	stated	state	VERB
cjal-9251	1050	3	that	that	SCONJ
cjal-9251	1050	4	insufficient	insufficient	ADJ
cjal-9251	1050	5	intellectual	intellectual	ADJ
cjal-9251	1050	6	property	property	NOUN
cjal-9251	1050	7	protection	protection	NOUN
cjal-9251	1050	8	has	have	AUX
cjal-9251	1050	9	been	be	AUX
cjal-9251	1050	10	a	a	DET
cjal-9251	1050	11	main	main	ADJ
cjal-9251	1050	12	concern	concern	NOUN
cjal-9251	1050	13	for	for	ADP
cjal-9251	1050	14	entrepreneurs	entrepreneur	NOUN
cjal-9251	1050	15	and	and	CCONJ
cjal-9251	1050	16	venture	venture	NOUN
cjal-9251	1050	17	capitalists	capitalist	NOUN
cjal-9251	1050	18	in	in	ADP
cjal-9251	1050	19	china	china	PROPN
cjal-9251	1050	20	.	.	PUNCT
cjal-9251	1051	1	300	300	NUM
cjal-9251	1051	2	moreover	moreover	ADV
cjal-9251	1051	3	,	,	PUNCT
cjal-9251	1051	4	there	there	PRON
cjal-9251	1051	5	is	be	VERB
cjal-9251	1051	6	a	a	DET
cjal-9251	1051	7	lack	lack	NOUN
cjal-9251	1051	8	of	of	ADP
cjal-9251	1051	9	personal	personal	ADJ
cjal-9251	1051	10	bankruptcy	bankruptcy	NOUN
cjal-9251	1051	11	law	law	NOUN
cjal-9251	1051	12	s	s	PROPN
cjal-9251	1051	13	in	in	ADP
cjal-9251	1051	14	china	china	PROPN
cjal-9251	1051	15	.	.	PUNCT
cjal-9251	1052	1	in	in	ADP
cjal-9251	1052	2	china	china	PROPN
cjal-9251	1052	3	,	,	PUNCT
cjal-9251	1052	4	there	there	PRON
cjal-9251	1052	5	are	be	VERB
cjal-9251	1052	6	several	several	ADJ
cjal-9251	1052	7	sanctions	sanction	NOUN
cjal-9251	1052	8	for	for	ADP
cjal-9251	1052	9	debtors	debtor	NOUN
cjal-9251	1052	10	that	that	PRON
cjal-9251	1052	11	default	default	VERB
cjal-9251	1052	12	on	on	ADP
cjal-9251	1052	13	loans	loan	NOUN
cjal-9251	1052	14	:	:	PUNCT
cjal-9251	1052	15	(	(	PUNCT
cjal-9251	1052	16	1	1	X
cjal-9251	1052	17	)	)	PUNCT
cjal-9251	1052	18	the	the	DET
cjal-9251	1052	19	debtor	debtor	NOUN
cjal-9251	1052	20	will	will	AUX
cjal-9251	1052	21	be	be	AUX
cjal-9251	1052	22	included	include	VERB
cjal-9251	1052	23	in	in	ADP
cjal-9251	1052	24	the	the	DET
cjal-9251	1052	25	list	list	NOUN
cjal-9251	1052	26	of	of	ADP
cjal-9251	1052	27	dishonest	dishonest	ADJ
cjal-9251	1052	28	persons	person	NOUN
cjal-9251	1052	29	subject	subject	ADJ
cjal-9251	1052	30	to	to	ADP
cjal-9251	1052	31	enforcement	enforcement	NOUN
cjal-9251	1052	32	and	and	CCONJ
cjal-9251	1052	33	will	will	AUX
cjal-9251	1052	34	face	face	VERB
cjal-9251	1052	35	a	a	DET
cjal-9251	1052	36	series	series	NOUN
cjal-9251	1052	37	of	of	ADP
cjal-9251	1052	38	penalties	penalty	NOUN
cjal-9251	1052	39	;	;	PUNCT
cjal-9251	1052	40	301	301	NUM
cjal-9251	1052	41	(	(	PUNCT
cjal-9251	1052	42	2	2	X
cjal-9251	1052	43	)	)	PUNCT
cjal-9251	1052	44	the	the	DET
cjal-9251	1052	45	debtor	debtor	NOUN
cjal-9251	1052	46	may	may	AUX
cjal-9251	1052	47	be	be	AUX
cjal-9251	1052	48	subject	subject	ADJ
cjal-9251	1052	49	to	to	ADP
cjal-9251	1052	50	expenditure	expenditure	NOUN
cjal-9251	1052	51	limits	limit	NOUN
cjal-9251	1052	52	302	302	NUM
cjal-9251	1052	53	and	and	CCONJ
cjal-9251	1052	54	restrictions	restriction	NOUN
cjal-9251	1052	55	on	on	ADP
cjal-9251	1052	56	international	international	ADJ
cjal-9251	1052	57	travel	travel	NOUN
cjal-9251	1052	58	;	;	PUNCT
cjal-9251	1052	59	303	303	NUM
cjal-9251	1052	60	(	(	PUNCT
cjal-9251	1052	61	3	3	X
cjal-9251	1052	62	)	)	PUNCT
cjal-9251	1052	63	depending	depend	VERB
cjal-9251	1052	64	on	on	ADP
cjal-9251	1052	65	the	the	DET
cjal-9251	1052	66	severity	severity	NOUN
cjal-9251	1052	67	of	of	ADP
cjal-9251	1052	68	the	the	DET
cjal-9251	1052	69	situation	situation	NOUN
cjal-9251	1052	70	,	,	PUNCT
cjal-9251	1052	71	courts	court	NOUN
cjal-9251	1052	72	may	may	AUX
cjal-9251	1052	73	fine	fine	VERB
cjal-9251	1052	74	or	or	CCONJ
cjal-9251	1052	75	impose	impose	VERB
cjal-9251	1052	76	custodial	custodial	ADJ
cjal-9251	1052	77	sentences	sentence	NOUN
cjal-9251	1052	78	on	on	ADP
cjal-9251	1052	79	the	the	DET
cjal-9251	1052	80	debtor	debtor	NOUN
cjal-9251	1052	81	;	;	PUNCT
cjal-9251	1052	82	304	304	NUM
cjal-9251	1052	83	(	(	PUNCT
cjal-9251	1052	84	4	4	NUM
cjal-9251	1052	85	)	)	PUNCT
cjal-9251	1052	86	if	if	SCONJ
cjal-9251	1052	87	elements	element	NOUN
cjal-9251	1052	88	of	of	ADP
cjal-9251	1052	89	criminal	criminal	ADJ
cjal-9251	1052	90	offences	offence	NOUN
cjal-9251	1052	91	are	be	AUX
cjal-9251	1052	92	met	meet	VERB
cjal-9251	1052	93	,	,	PUNCT
cjal-9251	1052	94	the	the	DET
cjal-9251	1052	95	debtor	debtor	NOUN
cjal-9251	1052	96	may	may	AUX
cjal-9251	1052	97	be	be	AUX
cjal-9251	1052	98	prosecuted	prosecute	VERB
cjal-9251	1052	99	for	for	ADP
cjal-9251	1052	100	his	his	PRON
cjal-9251	1052	101	refusal	refusal	NOUN
cjal-9251	1052	102	299	299	NUM
cjal-9251	1052	103	i	i	PROPN
cjal-9251	1052	104	d.	d.	PROPN
cjal-9251	1052	105	:	:	PUNCT
cjal-9251	1052	106	,	,	PUNCT
cjal-9251	1052	107	oo	oo	INTJ
cjal-9251	1052	108	telephone	telephone	NOUN
cjal-9251	1052	109	interview	interview	NOUN
cjal-9251	1052	110	with	with	ADP
cjal-9251	1052	111	mr	mr	PROPN
cjal-9251	1052	112	.	.	PROPN
cjal-9251	1052	113	g	g	PROPN
cjal-9251	1052	114	,	,	PUNCT
cjal-9251	1052	115	partner	partner	NOUN
cjal-9251	1052	116	,	,	PUNCT
cjal-9251	1052	117	chengwei	chengwei	PROPN
cjal-9251	1052	118	capital	capital	PROPN
cjal-9251	1052	119	,	,	PUNCT
cjal-9251	1052	120	shanghai	shanghai	PROPN
cjal-9251	1052	121	(	(	PUNCT
cjal-9251	1052	122	aug	aug	PROPN
cjal-9251	1052	123	.	.	PROPN
cjal-9251	1052	124	1	1	NUM
cjal-9251	1052	125	,	,	PUNCT
cjal-9251	1052	126	2016	2016	NUM
cjal-9251	1052	127	)	)	PUNCT
cjal-9251	1052	128	.	.	PUNCT
cjal-9251	1053	1	ao1	ao1	X
cjal-9251	1053	2	this	this	PRON
cjal-9251	1053	3	is	be	AUX
cjal-9251	1053	4	of	of	ADP
cjal-9251	1053	5	particular	particular	ADJ
cjal-9251	1053	6	relevance	relevance	NOUN
cjal-9251	1053	7	to	to	ADP
cjal-9251	1053	8	a	a	DET
cjal-9251	1053	9	corporate	corporate	ADJ
cjal-9251	1053	10	debtor	debtor	NOUN
cjal-9251	1053	11	who	who	PRON
cjal-9251	1053	12	may	may	AUX
cjal-9251	1053	13	face	face	VERB
cjal-9251	1053	14	more	more	ADJ
cjal-9251	1053	15	restrictions	restriction	NOUN
cjal-9251	1053	16	in	in	ADP
cjal-9251	1053	17	its	its	PRON
cjal-9251	1053	18	subsequent	subsequent	ADJ
cjal-9251	1053	19	business	business	NOUN
cjal-9251	1053	20	operations	operation	NOUN
cjal-9251	1053	21	.	.	PUNCT
cjal-9251	1054	1	see	see	VERB
cjal-9251	1054	2	zuigao	zuigao	PROPN
cjal-9251	1054	3	renmin	renmin	PROPN
cjal-9251	1054	4	fayuan	fayuan	PROPN
cjal-9251	1054	5	guanyu	guanyu	PROPN
cjal-9251	1054	6	gongbu	gongbu	PROPN
cjal-9251	1054	7	shixin	shixin	ADJ
cjal-9251	1054	8	beizhixing	beizhixe	VERB
cjal-9251	1054	9	ren	ren	PROPN
cjal-9251	1054	10	mingdan	mingdan	PROPN
cjal-9251	1054	11	de	de	X
cjal-9251	1054	12	ruogan	ruogan	PROPN
cjal-9251	1054	13	guiding	guiding	NOUN
cjal-9251	1054	14	(:	(:	NOUN
cjal-9251	1054	15	eitlia~7t~*r0:;(ff9;:f.!tlt	eitlia~7t~*r0:;(ff9;:f.!tlt	PROPN
cjal-9251	1054	16	tr	tr	VERB
cjal-9251	1054	17	a	a	DET
cjal-9251	1054	18	.i	.i	NOUN
cjal-9251	1054	19	!	!	PUNCT
cjal-9251	1054	20	;	;	PUNCT
cjal-9251	1054	21	.¢	.¢	PROPN
cjal-9251	1054	22	ffi	ffi	PROPN
cjal-9251	1054	23	.q	.q	PROPN
cjal-9251	1054	24	.	.	PUNCT
cjal-9251	1055	1	(	(	PUNCT
cjal-9251	1055	2	l	l	X
cjal-9251	1055	3	<	<	X
cjal-9251	1055	4	j	j	X
cjal-9251	1055	5	.::p	.::p	X
cjal-9251	1055	6	>	>	PUNCT
cjal-9251	1055	7	e	e	X
cjal-9251	1055	8	)	)	PUNCT
cjal-9251	1056	1	[	[	X
cjal-9251	1056	2	several	several	ADJ
cjal-9251	1056	3	provisions	provision	NOUN
cjal-9251	1056	4	of	of	ADP
cjal-9251	1056	5	the	the	DET
cjal-9251	1056	6	supreme	supreme	PROPN
cjal-9251	1056	7	people	people	PROPN
cjal-9251	1056	8	's	's	PART
cjal-9251	1056	9	court	court	NOUN
cjal-9251	1056	10	on	on	ADP
cjal-9251	1056	11	announcement	announcement	NOUN
cjal-9251	1056	12	of	of	ADP
cjal-9251	1056	13	the	the	DET
cjal-9251	1056	14	list	list	NOUN
cjal-9251	1056	15	of	of	ADP
cjal-9251	1056	16	dishonest	dishonest	ADJ
cjal-9251	1056	17	persons	person	NOUN
cjal-9251	1056	18	subj	subj	X
cjal-9251	1056	19	ect	ect	VERB
cjal-9251	1056	20	to	to	PART
cjal-9251	1056	21	enforcement	enforcement	VERB
cjal-9251	1056	22	]	]	PUNCT
cjal-9251	1056	23	(	(	PUNCT
cjal-9251	1056	24	promulgated	promulgate	VERB
cjal-9251	1056	25	by	by	ADP
cjal-9251	1056	26	the	the	DET
cjal-9251	1056	27	supreme	supreme	PROPN
cjal-9251	1056	28	people	people	PROPN
cjal-9251	1056	29	's	's	PART
cjal-9251	1056	30	court	court	NOUN
cjal-9251	1056	31	,	,	PUNCT
cjal-9251	1056	32	jul	jul	PROPN
cjal-9251	1056	33	.	.	PROPN
cjal-9251	1056	34	16	16	NUM
cjal-9251	1056	35	,	,	PUNCT
cjal-9251	1056	36	2013	2013	NUM
cjal-9251	1056	37	)	)	PUNCT
cjal-9251	1056	38	,	,	PUNCT
cjal-9251	1056	39	art	art	NOUN
cjal-9251	1056	40	.	.	PUNCT
cjal-9251	1057	1	1	1	NUM
cjal-9251	1057	2	,	,	PUNCT
cjal-9251	1057	3	http	http	ADJ
cjal-9251	1057	4	:	:	PUNCT
cjal-9251	1058	1	//bit.ly/2	//bit.ly/2	NOUN
cjal-9251	1058	2	ujy20d	ujy20d	NOUN
cjal-9251	1058	3	.	.	PUNCT
cjal-9251	1059	1	a02	a02	PROPN
cjal-9251	1059	2	zuigao	zuigao	PROPN
cjal-9251	1059	3	renmin	renmin	PROPN
cjal-9251	1059	4	fayuan	fayuan	PROPN
cjal-9251	1059	5	gua	gua	PROPN
cjal-9251	1059	6	nyu	nyu	PROPN
cjal-9251	1059	7	xianzhi	xianzhi	PROPN
cjal-9251	1059	8	beizhixing	beizhixe	VERB
cjal-9251	1059	9	ren	ren	PROPN
cjal-9251	1059	10	gao	gao	PROPN
cjal-9251	1059	11	xiaofei	xiaofei	PROPN
cjal-9251	1059	12	de	de	PROPN
cjal-9251	1059	13	ruogan	ruogan	PROPN
cjal-9251	1059	14	guiding	guide	VERB
cjal-9251	1059	15	{	{	PUNCT
cjal-9251	1059	16	liuli	liuli	PROPN
cjal-9251	1059	17	a	a	DET
cjal-9251	1059	18	r.	r.	PROPN
cjal-9251	1059	19	7	7	NUM
cjal-9251	1059	20	t	t	NOUN
cjal-9251	1059	21	ll1	ll1	NOUN
cjal-9251	1059	22	t	t	PROPN
cjal-9251	1059	23	*	*	PUNCT
cjal-9251	1059	24	t	t	PROPN
cjal-9251	1059	25	ill	ill	ADJ
cjal-9251	1059	26	,	,	PUNCT
cjal-9251	1059	27	!	!	PUNCT
cjal-9251	1059	28	!	!	PUNCT
cjal-9251	1060	1	ill	ill	ADJ
cjal-9251	1060	2	]	]	X
cjal-9251	1060	3	tit~	tit~	ADJ
cjal-9251	1060	4	ti	ti	NOUN
cjal-9251	1060	5	'	'	PUNCT
cjal-9251	1060	6	a	a	DET
cjal-9251	1060	7	itli	itli	NOUN
cjal-9251	1060	8	m	m	VERB
cjal-9251	1060	9	i\'t	i\'t	ADV
cjal-9251	1060	10	(	(	PUNCT
cjal-9251	1060	11	l	l	X
cjal-9251	1060	12	<	<	X
cjal-9251	1060	13	j	j	X
cjal-9251	1060	14	.::p	.::p	PUNCT
cjal-9251	1060	15	}	}	PUNCT
cjal-9251	1060	16	e	e	X
cjal-9251	1060	17	)	)	PUNCT
cjal-9251	1061	1	[	[	X
cjal-9251	1061	2	several	several	ADJ
cjal-9251	1061	3	provisions	provision	NOUN
cjal-9251	1061	4	of	of	ADP
cjal-9251	1061	5	the	the	DET
cjal-9251	1061	6	supreme	supreme	PROPN
cjal-9251	1061	7	people	people	PROPN
cjal-9251	1061	8	's	's	PART
cjal-9251	1061	9	court	court	NOUN
cjal-9251	1061	10	on	on	ADP
cjal-9251	1061	11	restricting	restrict	VERB
cjal-9251	1061	12	high	high	ADJ
cjal-9251	1061	13	consumption	consumption	NOUN
cjal-9251	1061	14	of	of	ADP
cjal-9251	1061	15	judgment	judgment	NOUN
cjal-9251	1061	16	debtors	debtor	NOUN
cjal-9251	1061	17	]	]	PUNCT
cjal-9251	1061	18	(	(	PUNCT
cjal-9251	1061	19	issued	issue	VERB
cjal-9251	1061	20	by	by	ADP
cjal-9251	1061	21	supreme	supreme	PROPN
cjal-9251	1061	22	people	people	PROPN
cjal-9251	1061	23	's	's	PART
cjal-9251	1061	24	court	court	NOUN
cjal-9251	1061	25	,	,	PUNCT
cjal-9251	1061	26	jul	jul	PROPN
cjal-9251	1061	27	.	.	PROPN
cjal-9251	1061	28	01	01	NUM
cjal-9251	1061	29	,	,	PUNCT
cjal-9251	1061	30	2010	2010	NUM
cjal-9251	1061	31	)	)	PUNCT
cjal-9251	1061	32	,	,	PUNCT
cjal-9251	1061	33	art	art	NOUN
cjal-9251	1061	34	.	.	PUNCT
cjal-9251	1062	1	1	1	NUM
cjal-9251	1062	2	,	,	PUNCT
cjal-9251	1062	3	http://bit.ly/2tm8de0	http://bit.ly/2tm8de0	PROPN
cjal-9251	1062	4	.	.	PUNCT
cjal-9251	1063	1	aoa	aoa	PROPN
cjal-9251	1063	2	guanyu	guanyu	PROPN
cjal-9251	1063	3	shiyong	shiyong	PROPN
cjal-9251	1063	4	zhonghua	zhonghua	PROPN
cjal-9251	1063	5	renmin	renmin	PROPN
cjal-9251	1063	6	gonghe	gonghe	PROPN
cjal-9251	1063	7	guo	guo	PROPN
cjal-9251	1063	8	minshi	minshi	PROPN
cjal-9251	1063	9	susong	susong	PROPN
cjal-9251	1063	10	fa	fa	PROPN
cjal-9251	1063	11	zhixing	zhixing	PROPN
cjal-9251	1063	12	chengxu	chengxu	PROPN
cjal-9251	1063	13	ruogan	ruogan	PROPN
cjal-9251	1063	14	wenti	wenti	PROPN
cjal-9251	1063	15	de	de	X
cjal-9251	1063	16	jieshi	jieshi	X
cjal-9251	1063	17	<	<	X
cjal-9251	1063	18	*	*	NOUN
cjal-9251	1063	19	rljli.ffl	rljli.ffl	NOUN
cjal-9251	1063	20	(	(	PUNCT
cjal-9251	1063	21	'	'	PUNCT
cjal-9251	1063	22	f'~ar.j¾'	f'~ar.j¾'	NOUN
cjal-9251	1063	23	°	°	NOUN
cjal-9251	1063	24	tih.\(;:f!:iji:~7	tih.\(;:f!:iji:~7	NOUN
cjal-9251	1063	25	t	t	PROPN
cjal-9251	1063	26	)	)	PUNCT
cjal-9251	1063	27	~fj':flil~:a'.::pli;j	~fj':flil~:a'.::pli;j	PUNCT
cjal-9251	1064	1	ji!!!j(l	ji!!!j(l	PROPN
cjal-9251	1064	2	<	<	X
cjal-9251	1064	3	j_mff	j_mff	PROPN
cjal-9251	1064	4	)	)	PUNCT
cjal-9251	1065	1	[	[	X
cjal-9251	1065	2	interpretation	interpretation	NOUN
cjal-9251	1065	3	of	of	ADP
cjal-9251	1065	4	the	the	DET
cjal-9251	1065	5	supreme	supreme	PROPN
cjal-9251	1065	6	people	people	PROPN
cjal-9251	1065	7	's	's	PART
cjal-9251	1065	8	court	court	NOUN
cjal-9251	1065	9	of	of	ADP
cjal-9251	1065	10	several	several	ADJ
cjal-9251	1065	11	issues	issue	NOUN
cjal-9251	1065	12	concerning	concern	VERB
cjal-9251	1065	13	the	the	DET
cjal-9251	1065	14	enforcement	enforcement	NOUN
cjal-9251	1065	15	procedures	procedure	NOUN
cjal-9251	1065	16	in	in	ADP
cjal-9251	1065	17	the	the	DET
cjal-9251	1065	18	application	application	NOUN
cjal-9251	1065	19	of	of	ADP
cjal-9251	1065	20	the	the	DET
cjal-9251	1065	21	civil	civil	ADJ
cjal-9251	1065	22	procedure	procedure	NOUN
cjal-9251	1065	23	law	law	NOUN
cjal-9251	1065	24	of	of	ADP
cjal-9251	1065	25	the	the	DET
cjal-9251	1065	26	people	people	NOUN
cjal-9251	1065	27	's	's	PART
cjal-9251	1065	28	republic	republic	NOUN
cjal-9251	1065	29	of	of	ADP
cjal-9251	1065	30	china	china	PROPN
cjal-9251	1065	31	]	]	PUNCT
cjal-9251	1065	32	,	,	PUNCT
cjal-9251	1065	33	(	(	PUNCT
cjal-9251	1065	34	issued	issue	VERB
cjal-9251	1065	35	by	by	ADP
cjal-9251	1065	36	supreme	supreme	PROPN
cjal-9251	1065	37	people	people	PROPN
cjal-9251	1065	38	's	's	PART
cjal-9251	1065	39	court	court	NOUN
cjal-9251	1065	40	,	,	PUNCT
cjal-9251	1065	41	nov	nov	PROPN
cjal-9251	1065	42	.	.	PROPN
cjal-9251	1065	43	03	03	NUM
cjal-9251	1065	44	,	,	PUNCT
cjal-9251	1065	45	2008	2008	NUM
cjal-9251	1065	46	)	)	PUNCT
cjal-9251	1065	47	,	,	PUNCT
cjal-9251	1065	48	art	art	NOUN
cjal-9251	1065	49	.	.	PUNCT
cjal-9251	1066	1	37	37	NUM
cjal-9251	1066	2	,	,	PUNCT
cjal-9251	1066	3	http://bit.ly/2snzkc3	http://bit.ly/2snzkc3	NOUN
cjal-9251	1066	4	.	.	PUNCT
cjal-9251	1067	1	30	30	NUM
cjal-9251	1067	2	<	<	X
cjal-9251	1067	3	minshi	minshi	PROPN
cjal-9251	1067	4	susong	susong	PROPN
cjal-9251	1067	5	fa	fa	PROPN
cjal-9251	1067	6	(	(	PUNCT
cjal-9251	1067	7	l	l	NOUN
cjal-9251	1067	8	,	,	PUNCT
cjal-9251	1067	9	i?;'ji	i?;'ji	NOUN
cjal-9251	1067	10	/	/	SYM
cjal-9251	1067	11	i	i	PRON
cjal-9251	1067	12	:	:	PUNCT
cjal-9251	1067	13	i~7	i~7	PROPN
cjal-9251	1067	14	t	t	PROPN
cjal-9251	1067	15	)	)	PUNCT
cjal-9251	1068	1	[	[	X
cjal-9251	1068	2	civil	civil	ADJ
cjal-9251	1068	3	procedure	procedure	NOUN
cjal-9251	1068	4	law	law	NOUN
cjal-9251	1068	5	]	]	PUNCT
cjal-9251	1068	6	,	,	PUNCT
cjal-9251	1068	7	(	(	PUNCT
cjal-9251	1068	8	promulgated	promulgate	VERB
cjal-9251	1068	9	by	by	ADP
cjal-9251	1068	10	the	the	DET
cjal-9251	1068	11	nat'l	nat'l	NOUN
cjal-9251	1068	12	people	people	NOUN
cjal-9251	1068	13	's	's	PART
cjal-9251	1068	14	cong	cong	NOUN
cjal-9251	1068	15	,	,	PUNCT
cjal-9251	1068	16	apr	apr	PROPN
cjal-9251	1068	17	.	.	PROPN
cjal-9251	1068	18	9	9	NUM
cjal-9251	1068	19	,	,	PUNCT
cjal-9251	1068	20	1991	1991	NUM
cjal-9251	1068	21	,	,	PUNCT
cjal-9251	1068	22	effective	effective	ADJ
cjal-9251	1068	23	apr	apr	NOUN
cjal-9251	1068	24	.	.	PROPN
cjal-9251	1068	25	9	9	NUM
cjal-9251	1068	26	,	,	PUNCT
cjal-9251	1068	27	1991	1991	NUM
cjal-9251	1068	28	)	)	PUNCT
cjal-9251	1068	29	,	,	PUNCT
cjal-9251	1068	30	art	art	NOUN
cjal-9251	1068	31	.	.	PUNCT
cjal-9251	1069	1	241	241	NUM
cjal-9251	1069	2	,	,	PUNCT
cjal-9251	1069	3	http://bit.ly/2tzfvfl	http://bit.ly/2tzfvfl	PROPN
cjal-9251	1069	4	.	.	PROPN
cjal-9251	1069	5	204	204	NUM
cjal-9251	1069	6	columbia	columbia	PROPN
cjal-9251	1069	7	j	j	PROPN
cjal-9251	1070	1	our.val	our.val	PROPN
cjal-9251	1070	2	of	of	ADP
cjal-9251	1070	3	asia	asia	PROPN
cjal-9251	1070	4	..	..	PUNCT
cjal-9251	1070	5	\	\	PROPN
cjal-9251	1070	6	'	'	PART
cjal-9251	1070	7	laii	laii	NOUN
cjal-9251	1070	8	'	'	PART
cjal-9251	1070	9	[	[	X
cjal-9251	1070	10	vol	vol	NOUN
cjal-9251	1070	11	.	.	NOUN
cjal-9251	1070	12	30:160	30:160	NUM
cjal-9251	1070	13	to	to	PART
cjal-9251	1070	14	comply	comply	VERB
cjal-9251	1070	15	with	with	ADP
cjal-9251	1070	16	payment	payment	NOUN
cjal-9251	1070	17	judgments	judgment	NOUN
cjal-9251	1070	18	.	.	PUNCT
cjal-9251	1071	1	305	305	NUM
cjal-9251	1071	2	as	as	SCONJ
cjal-9251	1071	3	noted	note	VERB
cjal-9251	1071	4	by	by	ADP
cjal-9251	1071	5	armour	armour	NOUN
cjal-9251	1071	6	and	and	CCONJ
cjal-9251	1071	7	cumming	cumming	NOUN
cjal-9251	1071	8	,	,	PUNCT
cjal-9251	1071	9	a	a	DET
cjal-9251	1071	10	liberal	liberal	ADJ
cjal-9251	1071	11	personal	personal	ADJ
cjal-9251	1071	12	bankruptcy	bankruptcy	NOUN
cjal-9251	1071	13	r	r	NOUN
cjal-9251	1071	14	egime	egime	NOUN
cjal-9251	1071	15	has	have	VERB
cjal-9251	1071	16	a	a	DET
cjal-9251	1071	17	positive	positive	ADJ
cjal-9251	1071	18	impact	impact	NOUN
cjal-9251	1071	19	on	on	ADP
cjal-9251	1071	20	the	the	DET
cjal-9251	1071	21	success	success	NOUN
cjal-9251	1071	22	of	of	ADP
cjal-9251	1071	23	a	a	DET
cjal-9251	1071	24	vc	vc	NOUN
cjal-9251	1071	25	market	market	NOUN
cjal-9251	1071	26	.	.	PUNCT
cjal-9251	1072	1	306	306	NUM
cjal-9251	1072	2	conv	conv	ADJ
cjal-9251	1072	3	erse	erse	NOUN
cjal-9251	1072	4	ly	ly	X
cjal-9251	1072	5	,	,	PUNCT
cjal-9251	1072	6	a	a	DET
cjal-9251	1072	7	stricter	strict	ADJ
cjal-9251	1072	8	bankruptcy	bankruptcy	NOUN
cjal-9251	1072	9	regime	regime	NOUN
cjal-9251	1072	10	discourages	discourage	VERB
cjal-9251	1072	11	potenti	potenti	PROPN
cjal-9251	1072	12	al	al	PROPN
cjal-9251	1072	13	entrepreneurs	entrepreneur	NOUN
cjal-9251	1072	14	from	from	ADP
cjal-9251	1072	15	taking	take	VERB
cjal-9251	1072	16	risks	risk	NOUN
cjal-9251	1072	17	and	and	CCONJ
cjal-9251	1072	18	failed	fail	VERB
cjal-9251	1072	19	entrepreneurs	entrepreneur	NOUN
cjal-9251	1072	20	from	from	ADP
cjal-9251	1072	21	re	re	VERB
cjal-9251	1072	22	-	-	VERB
cjal-9251	1072	23	engaging	engaging	ADJ
cjal-9251	1072	24	in	in	ADP
cjal-9251	1072	25	business	business	NOUN
cjal-9251	1072	26	.	.	PUNCT
cjal-9251	1073	1	30	30	NUM
cjal-9251	1073	2	;	;	PUNCT
cjal-9251	1073	3	given	give	VERB
cjal-9251	1073	4	the	the	DET
cjal-9251	1073	5	high	high	ADJ
cjal-9251	1073	6	-	-	PUNCT
cjal-9251	1073	7	risk	risk	NOUN
cjal-9251	1073	8	nature	nature	NOUN
cjal-9251	1073	9	of	of	ADP
cjal-9251	1073	10	vc	vc	PROPN
cjal-9251	1073	11	,	,	PUNCT
cjal-9251	1073	12	it	it	PRON
cjal-9251	1073	13	is	be	AUX
cjal-9251	1073	14	crucial	crucial	ADJ
cjal-9251	1073	15	to	to	PART
cjal-9251	1073	16	provide	provide	VERB
cjal-9251	1073	17	an	an	DET
cjal-9251	1073	18	appropriate	appropriate	ADJ
cjal-9251	1073	19	exit	exit	NOUN
cjal-9251	1073	20	mechanism	mechanism	NOUN
cjal-9251	1073	21	for	for	ADP
cjal-9251	1073	22	individuals	individual	NOUN
cjal-9251	1073	23	who	who	PRON
cjal-9251	1073	24	ha	ha	AUX
cjal-9251	1073	25	ve	ve	AUX
cjal-9251	1073	26	failed	fail	VERB
cjal-9251	1073	27	in	in	ADP
cjal-9251	1073	28	their	their	PRON
cjal-9251	1073	29	entr	entr	NOUN
cjal-9251	1073	30	epreneurial	epreneurial	ADJ
cjal-9251	1073	31	ventur	ventur	PROPN
cjal-9251	1073	32	e.	e.	PROPN
cjal-9251	1073	33	personal	personal	PROPN
cjal-9251	1073	34	bankruptcy	bankruptcy	NOUN
cjal-9251	1073	35	laws	law	NOUN
cjal-9251	1073	36	should	should	AUX
cjal-9251	1073	37	allow	allow	VERB
cjal-9251	1073	38	them	they	PRON
cjal-9251	1073	39	t	t	NOUN
cjal-9251	1073	40	o	o	INTJ
cjal-9251	1073	41	start	start	NOUN
cjal-9251	1073	42	afres	afre	NOUN
cjal-9251	1073	43	h	h	NOUN
cjal-9251	1073	44	,	,	PUNCT
cjal-9251	1073	45	while	while	SCONJ
cjal-9251	1073	46	at	at	ADP
cjal-9251	1073	47	the	the	DET
cjal-9251	1073	48	same	same	ADJ
cjal-9251	1073	49	time	time	NOUN
cjal-9251	1073	50	ensuring	ensure	VERB
cjal-9251	1073	51	that	that	SCONJ
cjal-9251	1073	52	creditors	creditor	NOUN
cjal-9251	1073	53	can	can	AUX
cjal-9251	1073	54	obtain	obtain	VERB
cjal-9251	1073	55	a	a	DET
cjal-9251	1073	56	fair	fair	ADJ
cjal-9251	1073	57	s	s	X
cjal-9251	1073	58	har	har	NOUN
cjal-9251	1073	59	e	e	NOUN
cjal-9251	1073	60	of	of	ADP
cjal-9251	1073	61	the	the	DET
cjal-9251	1073	62	bankrupt	bankrupt	NOUN
cjal-9251	1073	63	's	's	PART
cjal-9251	1073	64	assets	asset	NOUN
cjal-9251	1073	65	.	.	PUNCT
cjal-9251	1074	1	further	far	ADV
cjal-9251	1074	2	,	,	PUNCT
cjal-9251	1074	3	although	although	SCONJ
cjal-9251	1074	4	there	there	PRON
cjal-9251	1074	5	is	be	VERB
cjal-9251	1074	6	a	a	DET
cjal-9251	1074	7	n	n	ADV
cjal-9251	1074	8	increasing	increase	VERB
cjal-9251	1074	9	number	number	NOUN
cjal-9251	1074	10	of	of	ADP
cjal-9251	1074	11	secondgeneration	secondgeneration	NOUN
cjal-9251	1074	12	entrepre	entrepre	NOUN
cjal-9251	1074	13	neur	neur	PROPN
cjal-9251	1074	14	s	s	PROPN
cjal-9251	1074	15	in	in	ADP
cjal-9251	1074	16	china	china	PROPN
cjal-9251	1074	17	,	,	PUNCT
cjal-9251	1074	18	these	these	PRON
cjal-9251	1074	19	entrepreneur::are	entrepreneur::are	NOUN
cjal-9251	1074	20	still	still	ADV
cjal-9251	1074	21	relatively	relatively	ADV
cjal-9251	1074	22	new	new	ADJ
cjal-9251	1074	23	and	and	CCONJ
cjal-9251	1074	24	inexperienced	inexperienced	ADJ
cjal-9251	1074	25	in	in	ADP
cjal-9251	1074	26	the	the	DET
cjal-9251	1074	27	vc	vc	PROPN
cjal-9251	1074	28	market	market	NOUN
cjal-9251	1074	29	.	.	PUNCT
cjal-9251	1075	1	the	the	DET
cjal-9251	1075	2	future	future	ADJ
cjal-9251	1075	3	challenge	challenge	NOUN
cjal-9251	1075	4	would	would	AUX
cjal-9251	1075	5	lik	lik	VERB
cjal-9251	1075	6	ely	ely	ADV
cjal-9251	1075	7	be	be	AUX
cjal-9251	1075	8	to	to	PART
cjal-9251	1075	9	attract	attract	VERB
cjal-9251	1075	10	skilled	skilled	ADJ
cjal-9251	1075	11	venture	venture	NOUN
cjal-9251	1075	12	capitall	capitall	NOUN
cjal-9251	1075	13	,	,	PUNCT
cjal-9251	1075	14	ts	ts	ADV
cjal-9251	1075	15	and	and	CCONJ
cjal-9251	1075	16	experienced	experienced	ADJ
cjal-9251	1075	17	mentors	mentor	NOUN
cjal-9251	1075	18	who	who	PRON
cjal-9251	1075	19	have	have	VERB
cjal-9251	1075	20	the	the	DET
cjal-9251	1075	21	necessary	necessary	ADJ
cjal-9251	1075	22	start	start	VERB
cjal-9251	1075	23	-	-	PUNCT
cjal-9251	1075	24	up	up	ADP
cjal-9251	1075	25	management	management	NOUN
cjal-9251	1075	26	expertise	expertise	NOUN
cjal-9251	1075	27	and	and	CCONJ
cjal-9251	1075	28	the	the	DET
cjal-9251	1075	29	willingne	willingne	NOUN
cjal-9251	1075	30	ss	ss	PROPN
cjal-9251	1075	31	to	to	ADP
cjal-9251	1075	32	nurtur	nurtur	VERB
cjal-9251	1075	33	e	e	PROPN
cjal-9251	1075	34	young	young	ADJ
cjal-9251	1075	35	entrepre	entrepre	NOUN
cjal-9251	1075	36	neu	neu	NOUN
cjal-9251	1075	37	rs	rs	NOUN
cjal-9251	1075	38	.	.	PUNCT
cjal-9251	1076	1	indeed	indeed	ADV
cjal-9251	1076	2	.	.	PUNCT
cjal-9251	1077	1	observers	observer	NOUN
cjal-9251	1077	2	have	have	AUX
cjal-9251	1077	3	reflected	reflect	VERB
cjal-9251	1077	4	that	that	SCONJ
cjal-9251	1077	5	there	there	PRON
cjal-9251	1077	6	is	be	VERB
cjal-9251	1077	7	and	and	CCONJ
cjal-9251	1077	8	will	will	AUX
cjal-9251	1077	9	likely	likely	ADV
cjal-9251	1077	10	remain	remain	VERB
cjal-9251	1077	11	a	a	DET
cjal-9251	1077	12	gap	gap	NOUN
cjal-9251	1077	13	between	between	ADP
cjal-9251	1077	14	china	china	PROPN
cjal-9251	1077	15	and	and	CCONJ
cjal-9251	1077	16	u.s	u.s	PROPN
cjal-9251	1077	17	.	.	PROPN
cjal-9251	1077	18	in	in	ADP
cjal-9251	1077	19	terms	term	NOUN
cjal-9251	1077	20	of	of	ADP
cjal-9251	1077	21	entrepreneurial	entrepreneurial	ADJ
cjal-9251	1077	22	culture.30ii	culture.30ii	PROPN
cjal-9251	1077	23	iii	iii	PROPN
cjal-9251	1077	24	.	.	PUNCT
cjal-9251	1078	1	l	l	NOUN
cjal-9251	1078	2	essons	essons	PROPN
cjal-9251	1078	3	l	l	NOUN
cjal-9251	1078	4	earned	earn	VERB
cjal-9251	1078	5	economic	economic	ADJ
cjal-9251	1078	6	theory	theory	NOUN
cjal-9251	1078	7	suggests	suggest	VERB
cjal-9251	1078	8	two	two	NUM
cjal-9251	1078	9	main	main	ADJ
cjal-9251	1078	10	rationales	rationale	NOUN
cjal-9251	1078	11	for	for	ADP
cjal-9251	1078	12	public	public	ADJ
cjal-9251	1078	13	intervention	intervention	NOUN
cjal-9251	1078	14	to	to	PART
cjal-9251	1078	15	encourage	encourage	VERB
cjal-9251	1078	16	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1078	17	and	and	CCONJ
cjal-9251	1078	18	favor	favor	VERB
cjal-9251	1078	19	start	start	NOUN
cjal-9251	1078	20	-	-	PUNCT
cjal-9251	1078	21	u	u	NOUN
cjal-9251	1078	22	ps.809	ps.809	PROPN
cjal-9251	1078	23	the	the	DET
cjal-9251	1078	24	spillover	spillover	NOUN
cjal-9251	1078	25	hypothesis	hypothesis	NOUN
cjal-9251	1078	26	argues	argue	VERB
cjal-9251	1078	27	that	that	SCONJ
cjal-9251	1078	28	publi	publi	PROPN
cjal-9251	1078	29	c	c	NOUN
cjal-9251	1078	30	int	int	NOUN
cjal-9251	1078	31	e	e	PROPN
cjal-9251	1078	32	rvention	rvention	NOUN
cjal-9251	1078	33	should	should	AUX
cjal-9251	1078	34	subsidize	subsidize	VERB
cjal-9251	1078	35	young	young	ADJ
cjal-9251	1078	36	,	,	PUNCT
cjal-9251	1078	37	ent	ent	PROPN
cjal-9251	1078	38	repr	repr	ADJ
cjal-9251	1078	39	eneurial	eneurial	ADJ
cjal-9251	1078	40	firms	firm	NOUN
cjal-9251	1078	41	that	that	PRON
cjal-9251	1078	42	ha	ha	AUX
cjal-9251	1078	43	ve	ve	AUX
cjal-9251	1078	44	to	to	PART
cjal-9251	1078	45	spend	spend	VERB
cjal-9251	1078	46	s	s	PRON
cjal-9251	1078	47	ub	ub	ADJ
cjal-9251	1078	48	stantial	stantial	ADJ
cjal-9251	1078	49	research	research	NOUN
cjal-9251	1078	50	and	and	CCONJ
cjal-9251	1078	51	development	development	NOUN
cjal-9251	1078	52	(	(	PUNCT
cjal-9251	1078	53	r&d	r&d	NOUN
cjal-9251	1078	54	)	)	PUNCT
cjal-9251	1078	55	expenditure	expenditure	NOUN
cjal-9251	1078	56	but	but	CCONJ
cjal-9251	1078	57	only	only	ADV
cjal-9251	1078	58	receive	receive	VERB
cjal-9251	1078	59	limited	limited	ADJ
cjal-9251	1078	60	private	private	ADJ
cjal-9251	1078	61	returns	return	NOUN
cjal-9251	1078	62	in	in	ADP
cjal-9251	1078	63	the	the	DET
cjal-9251	1078	64	early	early	ADJ
cjal-9251	1078	65	stage	stage	NOUN
cjal-9251	1078	66	of	of	ADP
cjal-9251	1078	67	their	their	PRON
cjal-9251	1078	68	life	life	NOUN
cjal-9251	1078	69	cycles.3	cycles.3	VERB
cjal-9251	1078	70	10	10	NUM
cjal-9251	1078	71	in	in	ADP
cjal-9251	1078	72	contrast	contrast	NOUN
cjal-9251	1078	73	,	,	PUNCT
cjal-9251	1078	74	the	the	DET
cjal-9251	1078	75	market	market	NOUN
cjal-9251	1078	76	failure	failure	NOUN
cjal-9251	1078	77	hypothesis	hypothesis	NOUN
cjal-9251	1078	78	explains	explain	VERB
cjal-9251	1078	79	that	that	SCONJ
cjal-9251	1078	80	governm	governm	PROPN
cjal-9251	1078	81	ents	ent	NOUN
cjal-9251	1078	82	may	may	AUX
cjal-9251	1078	83	rectify	rectify	VERB
cjal-9251	1078	84	market	market	NOUN
cjal-9251	1078	85	300	300	NUM
cjal-9251	1078	86	article	article	NOUN
cjal-9251	1078	87	313	313	NUM
cjal-9251	1078	88	of	of	ADP
cjal-9251	1078	89	china	china	PROPN
cjal-9251	1078	90	's	's	PART
cjal-9251	1078	91	criminal	criminal	ADJ
cjal-9251	1078	92	law	law	NOUN
cjal-9251	1078	93	states	state	VERB
cjal-9251	1078	94	that	that	SCONJ
cjal-9251	1078	95	"	"	PUNCT
cjal-9251	1078	96	whoever	whoever	PRON
cjal-9251	1078	97	refuses	refuse	VERB
cjal-9251	1078	98	to	to	PART
cjal-9251	1078	99	carrr	carrr	VERB
cjal-9251	1078	100	out	out	ADP
cjal-9251	1078	101	a	a	DET
cjal-9251	1078	102	decision	decision	NOUN
cjal-9251	1078	103	or	or	CCONJ
cjal-9251	1078	104	order	order	NOUN
cjal-9251	1078	105	made	make	VERB
cjal-9251	1078	106	by	by	ADP
cjal-9251	1078	107	a	a	DET
cjal-9251	1078	108	peo	peo	PROPN
cjal-9251	1078	109	ple	ple	PROPN
cjal-9251	1078	110	's	's	PART
cjal-9251	1078	111	court	court	NOUN
cjal-9251	1078	112	while	while	SCONJ
cjal-9251	1078	113	he	he	PRON
cjal-9251	1078	114	is	be	AUX
cjal-9251	1078	115	able	able	ADJ
cjal-9251	1078	116	to	to	PART
cjal-9251	1078	117	carry	carry	VERB
cjal-9251	1078	118	1	1	NUM
cjal-9251	1078	119	t	t	NOUN
cjal-9251	1078	120	out	out	ADP
cjal-9251	1078	121	is	be	AUX
cjal-9251	1078	122	to	to	PART
cjal-9251	1078	123	be	be	AUX
cjal-9251	1078	124	se	se	X
cjal-9251	1078	125	~	~	VERB
cjal-9251	1078	126	tenced	tence	VERB
cjal-9251	1078	127	to	to	ADP
cjal-9251	1078	128	not	not	PART
cjal-9251	1078	129	more	more	ADJ
cjal-9251	1078	130	than	than	ADP
cjal-9251	1078	131	three	three	NUM
cjal-9251	1078	132	years	year	NOUN
cjal-9251	1078	133	of	of	ADP
cjal-9251	1078	134	fixed	fix	VERB
cjal-9251	1078	135	-	-	PUNCT
cjal-9251	1078	136	term	term	NOUN
cjal-9251	1078	137	imp	imp	NOUN
cjal-9251	1078	138	risonment	risonment	NOUN
cjal-9251	1078	139	,	,	PUNCT
cjal-9251	1078	140	cruninal	cruninal	ADJ
cjal-9251	1078	141	detention	detention	NOUN
cjal-9251	1078	142	,	,	PUNCT
cjal-9251	1078	143	or	or	CCONJ
cjal-9251	1078	144	be	be	AUX
cjal-9251	1078	145	fined	fine	VERB
cjal-9251	1078	146	.	.	PUNCT
cjal-9251	1079	1	if	if	SCONJ
cjal-9251	1079	2	circumstances	circumstance	NOUN
cjal-9251	1079	3	are	be	AUX
cjal-9251	1079	4	particularly	particularly	ADV
cjal-9251	1079	5	severe	severe	ADJ
cjal-9251	1079	6	,	,	PUNCT
cjal-9251	1079	7	he	he	PRON
cjal-9251	1079	8	may	may	AUX
cjal-9251	1079	9	be	be	AUX
cjal-9251	1079	10	fined	fine	VERB
cjal-9251	1079	11	and	and	CCONJ
cjal-9251	1079	12	sentenced	sentence	VERB
cjal-9251	1079	13	to	to	ADP
cjal-9251	1079	14	8	8	NUM
cjal-9251	1079	15	fixed	fix	VERB
cjal-9251	1079	16	-	-	PUNCT
cjal-9251	1079	17	term	term	NOUN
cjal-9251	1079	18	of	of	ADP
cjal-9251	1079	19	impri	impri	NOUN
cjal-9251	1079	20	sonm	sonm	NOUN
cjal-9251	1079	21	en~	en~	PROPN
cjal-9251	1079	22	of	of	ADP
cjal-9251	1079	23	more	more	ADJ
cjal-9251	1079	24	than	than	ADP
cjal-9251	1079	25	thr	thr	INTJ
cjal-9251	1079	26	ee	ee	INTJ
cjal-9251	1079	27	years	year	NOUN
cjal-9251	1079	28	and	and	CCONJ
cjal-9251	1079	29	less	less	ADJ
cjal-9251	1079	30	than	than	ADP
cjal-9251	1079	31	seven	seven	NUM
cjal-9251	1079	32	years	year	NOUN
cjal-9251	1079	33	.	.	PUNCT
cjal-9251	1079	34	"	"	PUNCT
cjal-9251	1080	1	zhongguo	zhongguo	PROPN
cjal-9251	1080	2	renmin	renmin	PROPN
cjal-9251	1080	3	gongheguo	gongheguo	PROPN
cjal-9251	1080	4	xmgfa	xmgfa	PROPN
cjal-9251	1080	5	(	(	PUNCT
cjal-9251	1080	6	'	'	PUNCT
cjal-9251	1080	7	f'i	f'i	ADJ
cjal-9251	1080	8	/	/	SYM
cjal-9251	1080	9	aa	aa	NOUN
cjal-9251	1080	10	~	~	PROPN
cjal-9251	1080	11	jhlll'li!jfij~	jhlll'li!jfij~	NOUN
cjal-9251	1080	12	)	)	PUNCT
cjal-9251	1081	1	[	[	X
cjal-9251	1081	2	crimin	crimin	VERB
cjal-9251	1081	3	a	a	DET
cjal-9251	1081	4	l	l	NOUN
cjal-9251	1081	5	law	law	NOUN
cjal-9251	1081	6	of	of	ADP
cjal-9251	1081	7	the	the	DET
cjal-9251	1081	8	people	people	NOUN
cjal-9251	1081	9	's	's	PART
cjal-9251	1081	10	repub	repub	PROPN
cjal-9251	1081	11	lic	lic	NOUN
cjal-9251	1081	12	of	of	ADP
cjal-9251	1081	13	chma	chma	NOUN
cjal-9251	1081	14	]	]	PUNCT
cjal-9251	1081	15	,	,	PUNCT
cjal-9251	1081	16	(	(	PUNCT
cjal-9251	1081	17	promulgat	promulgat	ADJ
cjal-9251	1081	18	ed	ed	NOUN
cjal-9251	1081	19	by	by	ADP
cjal-9251	1081	20	the	the	DET
cjal-9251	1081	21	standmg	standmg	PROPN
cjal-9251	1081	22	comm	comm	NOUN
cjal-9251	1081	23	.	.	PUNCT
cjal-9251	1082	1	nat	nat	NOUN
cjal-9251	1082	2	'	'	PART
cjal-9251	1082	3	l	l	NOUN
cjal-9251	1082	4	people	people	NOUN
cjal-9251	1082	5	's	's	PART
cjal-9251	1082	6	con	con	PROPN
cjal-9251	1082	7	gress	gress	PROPN
cjal-9251	1082	8	july	july	PROPN
cjal-9251	1082	9	l	l	PROPN
cjal-9251	1082	10	1979	1979	NUM
cjal-9251	1082	11	last	last	ADV
cjal-9251	1082	12	revised	revise	VERB
cjal-9251	1082	13	aug.;;•	aug.;;•	NOUN
cjal-9251	1082	14	2015	2015	NUM
cjal-9251	1082	15	,	,	PUNCT
cjal-9251	1082	16	effect	effect	NOUN
cjal-9251	1082	17	i	i	PRON
cjal-9251	1082	18	ve	ve	VERB
cjal-9251	1082	19	nov	nov	PROPN
cjal-9251	1082	20	.	.	PROPN
cjal-9251	1082	21	1	1	NUM
cjal-9251	1082	22	,	,	PUNCT
cjal-9251	1082	23	2015	2015	NUM
cjal-9251	1082	24	)	)	PUNCT
cjal-9251	1082	25	,	,	PUNCT
cjal-9251	1082	26	art	art	NOUN
cjal-9251	1082	27	.	.	PUNCT
cjal-9251	1083	1	313	313	NUM
cjal-9251	1083	2	,	,	PUNCT
cjal-9251	1083	3	http	http	NOUN
cjal-9251	1083	4	:	:	PUNCT
cjal-9251	1083	5	//bit	//bit	NOUN
cjal-9251	1083	6	.ly/2tz;b6z	.ly/2tz;b6z	NOUN
cjal-9251	1083	7	.	.	PUNCT
cjal-9251	1084	1	•	•	NUM
cjal-9251	1084	2	•	•	NUM
cjal-9251	1084	3	armour	armour	NOUN
cjal-9251	1084	4	&	&	CCONJ
cjal-9251	1084	5	cu	cu	PROPN
cjal-9251	1084	6	mming	mming	PROPN
cjal-9251	1084	7	,	,	PUNCT
cjal-9251	1084	8	supra	supra	NOUN
cjal-9251	1084	9	not	not	PART
cjal-9251	1084	10	e	e	PROPN
cjal-9251	1084	11	119	119	NUM
cjal-9251	1084	12	,	,	PUNCT
cjal-9251	1084	13	61	61	NUM
cjal-9251	1084	14	7	7	NUM
cjal-9251	1084	15	-	-	SYM
cjal-9251	1084	16	26	26	NUM
cjal-9251	1084	17	,	,	PUNCT
cjal-9251	1084	18	628	628	NUM
cjal-9251	1084	19	.	.	PUNCT
cjal-9251	1085	1	see	see	VERB
cjal-9251	1085	2	also	also	ADV
cjal-9251	1085	3	john	john	PROPN
cjal-9251	1085	4	armou	armou	PROPN
cjal-9251	1085	5	r.	r.	PROPN
cjal-9251	1085	6	personal	personal	PROPN
cjal-9251	1085	7	in	in	ADP
cjal-9251	1085	8	solvency	solvency	NOUN
cjal-9251	1085	9	law	law	NOUN
cjal-9251	1085	10	and	and	CCONJ
cjal-9251	1085	11	the	the	DET
cjal-9251	1085	12	dema	dema	PROPN
cjal-9251	1085	13	nd	nd	X
cjal-9251	1085	14	for	for	ADP
cjal-9251	1085	15	venture	venture	NOUN
cjal-9251	1085	16	capital	capital	NOUN
cjal-9251	1085	17	5	5	NUM
cjal-9251	1085	18	e	e	NOUN
cjal-9251	1085	19	b	b	NOUN
cjal-9251	1085	20	o	o	X
cjal-9251	1085	21	l	l	NOUN
cjal-9251	1085	22	r	r	NOUN
cjal-9251	1085	23	.	.	PUNCT
cjal-9251	1086	1	200•	200•	NUM
cjal-9251	1086	2	87	87	NUM
cjal-9251	1086	3	(	(	PUNCT
cjal-9251	1086	4	2004	2004	NUM
cjal-9251	1086	5	)	)	PUNCT
cjal-9251	1086	6	.	.	PUNCT
cjal-9251	1087	1	,	,	PUNCT
cjal-9251	1087	2	ur	ur	INTJ
cjal-9251	1087	3	.	.	PUNCT
cjal-9251	1088	1	us	we	PRON
cjal-9251	1088	2	.	.	PUNCT
cjal-9251	1089	1	rg	rg	INTJ
cjal-9251	1089	2	.	.	PUNCT
cjal-9251	1089	3	.	.	PUNCT
cjal-9251	1090	1	e	e	X
cjal-9251	1090	2	,	,	PUNCT
cjal-9251	1090	3	.	.	PUNCT
cjal-9251	1090	4	..	..	PUNCT
cjal-9251	1091	1	ao	ao	INTJ
cjal-9251	1091	2	;	;	PUNCT
cjal-9251	1091	3	armour~	armour~	PROPN
cjal-9251	1091	4	cumming	cumming	PROPN
cjal-9251	1091	5	,	,	PUNCT
cjal-9251	1091	6	supra	supra	PROPN
cjal-9251	1091	7	note	note	PROPN
cjal-9251	1091	8	119	119	NUM
cjal-9251	1091	9	,	,	PUNCT
cjal-9251	1091	10	at	at	ADP
cjal-9251	1091	11	601	601	NUM
cjal-9251	1091	12	-	-	SYM
cjal-9251	1091	13	03	03	NUM
cjal-9251	1091	14	.	.	PUNCT
cjal-9251	1092	1	308	308	NUM
cjal-9251	1092	2	zhongme1	zhongme1	PROPN
cjal-9251	1092	3	liangguo	liangguo	X
cjal-9251	1092	4	nianqingren	nianqingren	PROPN
cjal-9251	1092	5	chan	chan	PROPN
cjal-9251	1092	6	gye	gye	PROPN
cjal-9251	1092	7	huanjmg	huanjmg	PROPN
cjal-9251	1092	8	chavi	chavi	PROPN
cjal-9251	1092	9	da	da	X
cjal-9251	1092	10	(	(	PUNCT
cjal-9251	1092	11	'	'	NUM
cjal-9251	1092	12	11	11	NUM
cjal-9251	1092	13	~	~	NOUN
cjal-9251	1092	14	jllili~~.a.¤'j	jllili~~.a.¤'j	NOUN
cjal-9251	1092	15	£	£	SYM
cjal-9251	1092	16	f	f	NOUN
cjal-9251	1092	17	xl	xl	PROPN
cjal-9251	1092	18	*	*	PUNCT
cjal-9251	1092	19	)	)	PUNCT
cjal-9251	1093	1	[	[	X
cjal-9251	1093	2	large	large	ADJ
cjal-9251	1093	3	dispari	dispari	ADJ
cjal-9251	1093	4	ty	ty	INTJ
cjal-9251	1093	5	in	in	ADP
cjal-9251	1093	6	entrepreneurial	entrepreneurial	ADJ
cjal-9251	1093	7	environ	environ	X
cjal-9251	1093	8	~	~	NOUN
cjal-9251	1093	9	ents	ent	NOUN
cjal-9251	1093	10	for	for	ADP
cjal-9251	1093	11	chinese	chinese	ADJ
cjal-9251	1093	12	and	and	CCONJ
cjal-9251	1093	13	american	american	ADJ
cjal-9251	1093	14	youngsters	youngster	NOUN
cjal-9251	1093	15	]	]	PUNCT
cjal-9251	1093	16	(	(	PUNCT
cjal-9251	1093	17	mar	mar	PROPN
cjal-9251	1093	18	1	1	NUM
cjal-9251	1093	19	2012	2012	NUM
cjal-9251	1093	20	)	)	PUNCT
cjal-9251	1093	21	xinl	xinl	PUNCT
cjal-9251	1094	1	c	c	PROPN
cjal-9251	1094	2	·	·	PUNCT
cjal-9251	1094	3	·	·	PUNCT
cjal-9251	1094	4	·	·	PUNCT
cjal-9251	1094	5	•	•	NUM
cjal-9251	1094	6	·	·	PUNCT
cjal-9251	1094	7	•	•	NUM
cjal-9251	1094	8	•	•	NUM
cjal-9251	1094	9	ang	ang	PROPN
cjal-9251	1094	10	a1j10	a1j10	PROPN
cjal-9251	1094	11	g	g	PROPN
cjal-9251	1094	12	(	(	PUNCT
cjal-9251	1094	13	ffi	ffi	PROPN
cjal-9251	1094	14	}	}	PUNCT
cjal-9251	1094	15	i	i	PROPN
cjal-9251	1094	16	mr~	mr~	PROPN
cjal-9251	1094	17	)	)	PUNCT
cjal-9251	1095	1	[	[	X
cjal-9251	1095	2	sjxa	sjxa	PROPN
cjal-9251	1095	3	fina	fina	X
cjal-9251	1095	4	.	.	PUNCT
cjal-9251	1096	1	'ice	'ice	X
cjal-9251	1096	2	)	)	PUNCT
cjal-9251	1096	3	http	http	NOUN
cjal-9251	1096	4	:	:	PUNCT
cjal-9251	1096	5	//bit.ly/2tbptws	//bit.ly/2tbptws	PUNCT
cjal-9251	1096	6	.	.	PUNCT
cjal-9251	1096	7	.	.	PUNCT
cjal-9251	1096	8	'	'	PUNCT
cjal-9251	1097	1	309	309	NUM
cjal-9251	1097	2	marina	marina	PROPN
cjal-9251	1097	3	di	di	PROPN
cjal-9251	1097	4	giacomo	giacomo	PROPN
cjal-9251	1097	5	public	public	PROPN
cjal-9251	1097	6	s	s	PART
cjal-9251	1097	7	rt	rt	PROPN
cjal-9251	1097	8	e	e	X
cjal-9251	1097	9	th	th	X
cjal-9251	1097	10	e	e	NOUN
cjal-9251	1097	11	role	role	NOUN
cjal-9251	1097	12	of	of	ADP
cjal-9251	1097	13	ventur	ventur	NOUN
cjal-9251	1097	14	e	e	NOUN
cjal-9251	1097	15	capiw	capiw	NOUN
cjal-9251	1097	16	in	in	ADP
cjal-9251	1097	17	th	th	ADP
cjal-9251	1097	18	e	e	X
cjal-9251	1097	19	e	e	NOUN
cjal-9251	1097	20	uppo	uppo	NOUN
cjal-9251	1097	21	to	to	ADP
cjal-9251	1097	22	n	n	CCONJ
cjal-9251	1097	23	~	~	NOUN
cjal-9251	1097	24	repre	repre	ADJ
cjal-9251	1097	25	neurial	neurial	ADJ
cjal-9251	1097	26	_	_	PRON
cjal-9251	1097	27	firms	firm	NOUN
cjal-9251	1097	28	:	:	PUNCT
cjal-9251	1097	29	an	an	DET
cjal-9251	1097	30	assess	assess	NOUN
cjal-9251	1097	31	m	m	NOUN
cjal-9251	1097	32	~	~	X
cjal-9251	1097	33	nt	not	PART
cjal-9251	1097	34	of	of	ADP
cjal-9251	1097	35	2004	2004	NUM
cjal-9251	1097	36	,	,	PUNCT
cjal-9251	1097	37	at	at	ADP
cjal-9251	1097	38	22	22	NUM
cjal-9251	1097	39	,	,	PUNCT
cjal-9251	1097	40	25	25	NUM
cjal-9251	1097	41	_	_	PUNCT
cjal-9251	1097	42	ur	ur	INTJ
cjal-9251	1097	43	opean	opean	PROPN
cjal-9251	1097	44	expenence	expenence	NOUN
cjal-9251	1097	45	,	,	PUNCT
cjal-9251	1097	46	8	8	NUM
cjal-9251	1097	47	j.	j.	PROPN
cjal-9251	1097	48	pnvate	pnvate	PROPN
cjal-9251	1097	49	equity	equity	NOUN
cjal-9251	1097	50	,	,	PUNCT
cjal-9251	1097	51	no	no	INTJ
cjal-9251	1097	52	.	.	NOUN
cjal-9251	1097	53	1	1	NUM
cjal-9251	1097	54	,	,	PUNCT
cjal-9251	1097	55	\\mt	\\mt	PROPN
cjal-9251	1098	1	er	er	INTJ
cjal-9251	1098	2	310	310	NUM
cjal-9251	1098	3	i	i	NOUN
cjal-9251	1098	4	d.	d.	PROPN
cjal-9251	1098	5	(	(	PUNCT
cjal-9251	1098	6	citing	cite	VERB
cjal-9251	1098	7	zvi	zvi	PROPN
cjal-9251	1098	8	griliche	griliche	PROPN
cjal-9251	1098	9	s	s	PROPN
cjal-9251	1098	10	th	th	X
cjal-9251	1098	11	s	s	NOUN
cjal-9251	1098	12	h	h	NOUN
cjal-9251	1098	13	1	1	NUM
cjal-9251	1098	14	.	.	NOUN
cjal-9251	1098	15	•	•	NUM
cjal-9251	1098	16	29	29	NUM
cjal-9251	1098	17	(	(	PUNCT
cjal-9251	1098	18	1992	1992	NUM
cjal-9251	1098	19	)	)	PUNCT
cjal-9251	1098	20	.	.	PUNCT
cjal-9251	1098	21	'	'	PUNCT
cjal-9251	1099	1	e	e	X
cjal-9251	1099	2	earc	earc	X
cjal-9251	1099	3	,	,	PUNCT
cjal-9251	1099	4	or	or	CCONJ
cjal-9251	1099	5	r&d	r&d	NOUN
cjal-9251	1099	6	spilloi	spilloi	NOUN
cjal-9251	1099	7	-	-	PUNCT
cjal-9251	1099	8	er	er	INTJ
cjal-9251	1099	9	,	,	PUNCT
cjal-9251	1099	10	94	94	NUM
cjal-9251	1099	11	scandi	scandi	PROPN
cjal-9251	1099	12	navian	navian	PROPN
cjal-9251	1099	13	j.	j.	PROPN
cjal-9251	1099	14	econ	econ	PROPN
cjal-9251	1099	15	.	.	PUNCT
cjal-9251	1099	16	2017	2017	NUM
cjal-9251	1099	17	]	]	PUNCT
cjal-9251	1099	18	engineering	engineer	VERB
cjal-9251	1099	19	a	a	DET
cjal-9251	1099	20	venture	venture	NOUN
cjal-9251	1099	21	capital	capital	NOUN
cjal-9251	1099	22	market	market	NOUN
cjal-9251	1099	23	205	205	NUM
cjal-9251	1099	24	imperfections	imperfection	NOUN
cjal-9251	1099	25	by	by	ADP
cjal-9251	1099	26	fostering	foster	VERB
cjal-9251	1099	27	legal	legal	ADJ
cjal-9251	1099	28	and	and	CCONJ
cjal-9251	1099	29	fiscal	fiscal	ADJ
cjal-9251	1099	30	environments	environment	NOUN
cjal-9251	1099	31	that	that	PRON
cjal-9251	1099	32	are	be	AUX
cjal-9251	1099	33	conducive	conducive	ADJ
cjal-9251	1099	34	to	to	ADP
cjal-9251	1099	35	private	private	ADJ
cjal-9251	1099	36	investors	investor	NOUN
cjal-9251	1099	37	and	and	CCONJ
cjal-9251	1099	38	entrepreneurs	entrepreneur	NOUN
cjal-9251	1099	39	to	to	PART
cjal-9251	1099	40	operate	operate	VERB
cjal-9251	1099	41	(	(	PUNCT
cjal-9251	1099	42	e.g.	e.g.	ADV
cjal-9251	1099	43	tax	tax	NOUN
cjal-9251	1099	44	relief	relief	NOUN
cjal-9251	1099	45	,	,	PUNCT
cjal-9251	1099	46	bankruptcy	bankruptcy	NOUN
cjal-9251	1099	47	process	process	NOUN
cjal-9251	1099	48	facilitating	facilitate	VERB
cjal-9251	1099	49	reorganization	reorganization	NOUN
cjal-9251	1099	50	,	,	PUNCT
cjal-9251	1099	51	a	a	DET
cjal-9251	1099	52	stock	stock	NOUN
cjal-9251	1099	53	market	market	NOUN
cjal-9251	1099	54	that	that	PRON
cjal-9251	1099	55	facilitates	facilitate	VERB
cjal-9251	1099	56	sme	sme	NOUN
cjal-9251	1099	57	exits).311	exits).311	PROPN
cjal-9251	1099	58	as	as	SCONJ
cjal-9251	1099	59	discussed	discuss	VERB
cjal-9251	1099	60	in	in	ADP
cjal-9251	1099	61	part	part	NOUN
cjal-9251	1099	62	i	i	PRON
cjal-9251	1099	63	,	,	PUNCT
cjal-9251	1099	64	governments	government	NOUN
cjal-9251	1099	65	face	face	VERB
cjal-9251	1099	66	difficulties	difficulty	NOUN
cjal-9251	1099	67	in	in	ADP
cjal-9251	1099	68	resolving	resolve	VERB
cjal-9251	1099	69	the	the	DET
cjal-9251	1099	70	simultaneity	simultaneity	NOUN
cjal-9251	1099	71	problem	problem	NOUN
cjal-9251	1099	72	in	in	ADP
cjal-9251	1099	73	engineering	engineer	VERB
cjal-9251	1099	74	a	a	DET
cjal-9251	1099	75	robust	robust	ADJ
cjal-9251	1099	76	vc	vc	NOUN
cjal-9251	1099	77	market	market	NOUN
cjal-9251	1099	78	.	.	PUNCT
cjal-9251	1100	1	several	several	ADJ
cjal-9251	1100	2	governments	government	NOUN
cjal-9251	1100	3	,	,	PUNCT
cjal-9251	1100	4	such	such	ADJ
cjal-9251	1100	5	as	as	ADP
cjal-9251	1100	6	those	those	PRON
cjal-9251	1100	7	of	of	ADP
cjal-9251	1100	8	germany	germany	PROPN
cjal-9251	1100	9	,	,	PUNCT
cjal-9251	1100	10	india	india	PROPN
cjal-9251	1100	11	and	and	CCONJ
cjal-9251	1100	12	singapore	singapore	PROPN
cjal-9251	1100	13	,	,	PUNCT
cjal-9251	1100	14	have	have	AUX
cjal-9251	1100	15	attempted	attempt	VERB
cjal-9251	1100	16	to	to	PART
cjal-9251	1100	17	tackle	tackle	VERB
cjal-9251	1100	18	this	this	DET
cjal-9251	1100	19	problem	problem	NOUN
cjal-9251	1100	20	but	but	CCONJ
cjal-9251	1100	21	it	it	PRON
cjal-9251	1100	22	has	have	AUX
cjal-9251	1100	23	proven	prove	VERB
cjal-9251	1100	24	to	to	PART
cjal-9251	1100	25	be	be	AUX
cjal-9251	1100	26	a	a	DET
cjal-9251	1100	27	difficult	difficult	ADJ
cjal-9251	1100	28	task	task	NOUN
cjal-9251	1100	29	.	.	PUNCT
cjal-9251	1101	1	however	however	ADV
cjal-9251	1101	2	,	,	PUNCT
cjal-9251	1101	3	there	there	PRON
cjal-9251	1101	4	is	be	VERB
cjal-9251	1101	5	evidence	evidence	NOUN
cjal-9251	1101	6	to	to	PART
cjal-9251	1101	7	show	show	VERB
cjal-9251	1101	8	that	that	SCONJ
cjal-9251	1101	9	the	the	DET
cjal-9251	1101	10	three	three	NUM
cjal-9251	1101	11	essential	essential	ADJ
cjal-9251	1101	12	determinants	determinant	NOUN
cjal-9251	1101	13	.	.	PUNCT
cjal-9251	1102	1	have	have	AUX
cjal-9251	1102	2	been	be	AUX
cjal-9251	1102	3	gradually	gradually	ADV
cjal-9251	1102	4	addressed	address	VERB
cjal-9251	1102	5	by	by	ADP
cjal-9251	1102	6	china	china	PROPN
cjal-9251	1102	7	.	.	PUNCT
cjal-9251	1103	1	this	this	DET
cjal-9251	1103	2	part	part	NOUN
cjal-9251	1103	3	will	will	AUX
cjal-9251	1103	4	discuss	discuss	VERB
cjal-9251	1103	5	specifically	specifically	ADV
cjal-9251	1103	6	the	the	DET
cjal-9251	1103	7	lessons	lesson	NOUN
cjal-9251	1103	8	that	that	PRON
cjal-9251	1103	9	other	other	ADJ
cjal-9251	1103	10	countries	country	NOUN
cjal-9251	1103	11	could	could	AUX
cjal-9251	1103	12	learn	learn	VERB
cjal-9251	1103	13	from	from	ADP
cjal-9251	1103	14	china	china	PROPN
cjal-9251	1103	15	in	in	ADP
cjal-9251	1103	16	tackling	tackle	VERB
cjal-9251	1103	17	the	the	DET
cjal-9251	1103	18	simultaneity	simultaneity	NOUN
cjal-9251	1103	19	problem	problem	NOUN
cjal-9251	1103	20	,	,	PUNCT
cjal-9251	1103	21	as	as	ADV
cjal-9251	1103	22	well	well	ADV
cjal-9251	1103	23	as	as	ADP
cjal-9251	1103	24	examine	examine	VERB
cjal-9251	1103	25	similar	similar	ADJ
cjal-9251	1103	26	flaw	flaw	NOUN
cjal-9251	1103	27	s	s	PART
cjal-9251	1103	28	present	present	NOUN
cjal-9251	1103	29	in	in	ADP
cjal-9251	1103	30	the	the	DET
cjal-9251	1103	31	chinese	chinese	ADJ
cjal-9251	1103	32	and	and	CCONJ
cjal-9251	1103	33	other	other	ADJ
cjal-9251	1103	34	countries	country	NOUN
cjal-9251	1103	35	'	'	PART
cjal-9251	1103	36	models	model	NOUN
cjal-9251	1103	37	,	,	PUNCT
cjal-9251	1103	38	which	which	PRON
cjal-9251	1103	39	will	will	AUX
cjal-9251	1103	40	require	require	VERB
cjal-9251	1103	41	more	more	ADJ
cjal-9251	1103	42	attention	attention	NOUN
cjal-9251	1103	43	in	in	ADP
cjal-9251	1103	44	future	future	ADJ
cjal-9251	1103	45	legal	legal	ADJ
cjal-9251	1103	46	and	and	CCONJ
cjal-9251	1103	47	policy	policy	NOUN
cjal-9251	1103	48	reforms	reform	NOUN
cjal-9251	1103	49	.	.	PUNCT
cjal-9251	1104	1	a.	a.	NOUN
cjal-9251	1104	2	capital	capital	PROPN
cjal-9251	1104	3	1	1	NUM
cjal-9251	1104	4	.	.	PUNCT
cjal-9251	1104	5	increased	increase	VERB
cjal-9251	1104	6	domestic	domestic	ADJ
cjal-9251	1104	7	and	and	CCONJ
cjal-9251	1104	8	foreign	foreign	ADJ
cjal-9251	1104	9	capital	capital	NOUN
cjal-9251	1104	10	supply	supply	NOUN
cjal-9251	1104	11	first	first	ADV
cjal-9251	1104	12	,	,	PUNCT
cjal-9251	1104	13	as	as	ADP
cjal-9251	1104	14	to	to	ADP
cjal-9251	1104	15	domestic	domestic	ADJ
cjal-9251	1104	16	private	private	ADJ
cjal-9251	1104	17	capital	capital	NOUN
cjal-9251	1104	18	,	,	PUNCT
cjal-9251	1104	19	china	china	PROPN
cjal-9251	1104	20	has	have	AUX
cjal-9251	1104	21	gradually	gradually	ADV
cjal-9251	1104	22	removed	remove	VERB
cjal-9251	1104	23	regulatory	regulatory	ADJ
cjal-9251	1104	24	barriers	barrier	NOUN
cjal-9251	1104	25	to	to	PART
cjal-9251	1104	26	allow	allow	VERB
cjal-9251	1104	27	more	more	ADJ
cjal-9251	1104	28	institutional	institutional	ADJ
cjal-9251	1104	29	investors	investor	NOUN
cjal-9251	1104	30	to	to	PART
cjal-9251	1104	31	invest	invest	VERB
cjal-9251	1104	32	in	in	ADP
cjal-9251	1104	33	the	the	DET
cjal-9251	1104	34	vc	vc	PROPN
cjal-9251	1104	35	market	market	NOUN
cjal-9251	1104	36	.	.	PUNCT
cjal-9251	1105	1	312	312	NUM
cjal-9251	1105	2	arguably	arguably	ADV
cjal-9251	1105	3	,	,	PUNCT
cjal-9251	1105	4	this	this	DET
cjal-9251	1105	5	liberalization	liberalization	NOUN
cjal-9251	1105	6	of	of	ADP
cjal-9251	1105	7	the	the	DET
cjal-9251	1105	8	financial	financial	ADJ
cjal-9251	1105	9	markets	market	NOUN
cjal-9251	1105	10	can	can	AUX
cjal-9251	1105	11	be	be	AUX
cjal-9251	1105	12	easily	easily	ADV
cjal-9251	1105	13	replicated	replicate	VERB
cjal-9251	1105	14	by	by	ADP
cjal-9251	1105	15	other	other	ADJ
cjal-9251	1105	16	countries	country	NOUN
cjal-9251	1105	17	.	.	PUNCT
cjal-9251	1106	1	second	second	ADJ
cjal-9251	1106	2	,	,	PUNCT
cjal-9251	1106	3	in	in	ADP
cjal-9251	1106	4	terms	term	NOUN
cjal-9251	1106	5	of	of	ADP
cjal-9251	1106	6	foreign	foreign	ADJ
cjal-9251	1106	7	capital	capital	NOUN
cjal-9251	1106	8	,	,	PUNCT
cjal-9251	1106	9	china	china	PROPN
cjal-9251	1106	10	has	have	AUX
cjal-9251	1106	11	launched	launch	VERB
cjal-9251	1106	12	various	various	ADJ
cjal-9251	1106	13	programs	program	NOUN
cjal-9251	1106	14	for	for	ADP
cjal-9251	1106	15	foreign	foreign	ADJ
cjal-9251	1106	16	investors	investor	NOUN
cjal-9251	1106	17	to	to	PART
cjal-9251	1106	18	raise	raise	VERB
cjal-9251	1106	19	funds	fund	NOUN
cjal-9251	1106	20	and	and	CCONJ
cjal-9251	1106	21	make	make	VERB
cjal-9251	1106	22	equity	equity	NOUN
cjal-9251	1106	23	inve	inve	PROPN
cjal-9251	1106	24	st	st	PROPN
cjal-9251	1106	25	ments	ments	PROPN
cjal-9251	1106	26	.	.	PUNCT
cjal-9251	1107	1	313	313	NUM
cjal-9251	1107	2	other	other	ADJ
cjal-9251	1107	3	countries	country	NOUN
cjal-9251	1107	4	can	can	AUX
cjal-9251	1107	5	learn	learn	VERB
cjal-9251	1107	6	from	from	ADP
cjal-9251	1107	7	china	china	PROPN
cjal-9251	1107	8	's	's	PART
cjal-9251	1107	9	attempt	attempt	NOUN
cjal-9251	1107	10	to	to	PART
cjal-9251	1107	11	create	create	VERB
cjal-9251	1107	12	a	a	DET
cjal-9251	1107	13	foreign	foreign	ADJ
cjal-9251	1107	14	investor	investor	NOUN
cjal-9251	1107	15	friendly	friendly	ADJ
cjal-9251	1107	16	regulatory	regulatory	ADJ
cjal-9251	1107	17	environment	environment	NOUN
cjal-9251	1107	18	and	and	CCONJ
cjal-9251	1107	19	engage	engage	VERB
cjal-9251	1107	20	in	in	ADP
cjal-9251	1107	21	capital	capital	NOUN
cjal-9251	1107	22	control	control	NOUN
cjal-9251	1107	23	liberalization	liberalization	NOUN
cjal-9251	1107	24	.	.	PUNCT
cjal-9251	1108	1	however	however	ADV
cjal-9251	1108	2	,	,	PUNCT
cjal-9251	1108	3	this	this	PRON
cjal-9251	1108	4	may	may	AUX
cjal-9251	1108	5	be	be	AUX
cjal-9251	1108	6	subject	subject	ADJ
cjal-9251	1108	7	to	to	ADP
cjal-9251	1108	8	the	the	DET
cjal-9251	1108	9	specific	specific	ADJ
cjal-9251	1108	10	political	political	ADJ
cjal-9251	1108	11	,	,	PUNCT
cjal-9251	1108	12	economic	economic	ADJ
cjal-9251	1108	13	and	and	CCONJ
cjal-9251	1108	14	legal	legal	ADJ
cjal-9251	1108	15	environments	environment	NOUN
cjal-9251	1108	16	of	of	ADP
cjal-9251	1108	17	a	a	DET
cjal-9251	1108	18	nation	nation	NOUN
cjal-9251	1108	19	.	.	PUNCT
cjal-9251	1109	1	for	for	ADP
cjal-9251	1109	2	example	example	NOUN
cjal-9251	1109	3	,	,	PUNCT
cjal-9251	1109	4	in	in	ADP
cjal-9251	1109	5	brazil	brazil	PROPN
cjal-9251	1109	6	,	,	PUNCT
cjal-9251	1109	7	while	while	SCONJ
cjal-9251	1109	8	fmiees	fmiee	NOUN
cjal-9251	1109	9	(	(	PUNCT
cjal-9251	1109	10	fundos	fundos	PROPN
cjal-9251	1109	11	mutuos	mutuos	PROPN
cjal-9251	1109	12	de	de	PROPN
cjal-9251	1109	13	inuestimento	inuestimento	PROPN
cjal-9251	1109	14	em	em	PROPN
cjal-9251	1109	15	empresa	empresa	PROPN
cjal-9251	1109	16	-	-	PUNCT
cjal-9251	1109	17	s	s	PART
cjal-9251	1109	18	emergentes	emergente	NOUN
cjal-9251	1109	19	)	)	PUNCT
cjal-9251	1109	20	are	be	AUX
cjal-9251	1109	21	made	make	VERB
cjal-9251	1109	22	available	available	ADJ
cjal-9251	1109	23	to	to	PART
cjal-9251	1109	24	serve	serve	VERB
cjal-9251	1109	25	as	as	ADP
cjal-9251	1109	26	special	special	ADJ
cjal-9251	1109	27	investment	investment	NOUN
cjal-9251	1109	28	vehicles	vehicle	NOUN
cjal-9251	1109	29	for	for	ADP
cjal-9251	1109	30	vc	vc	PROPN
cjal-9251	1109	31	investments	investment	NOUN
cjal-9251	1109	32	,	,	PUNCT
cjal-9251	1109	33	the	the	DET
cjal-9251	1109	34	fmiees	fmiee	NOUN
cjal-9251	1109	35	'	'	PART
cjal-9251	1109	36	unpopularity	unpopularity	NOUN
cjal-9251	1109	37	shows	show	VERB
cjal-9251	1109	38	that	that	SCONJ
cjal-9251	1109	39	the	the	DET
cjal-9251	1109	40	brazilian	brazilian	ADJ
cjal-9251	1109	41	government	government	NOUN
cjal-9251	1109	42	has	have	VERB
cjal-9251	1109	43	yet	yet	ADV
cjal-9251	1109	44	to	to	PART
cjal-9251	1109	45	provide	provide	VERB
cjal-9251	1109	46	sufficient	sufficient	ADJ
cjal-9251	1109	47	regulatory	regulatory	ADJ
cjal-9251	1109	48	incentives	incentive	NOUN
cjal-9251	1109	49	that	that	PRON
cjal-9251	1109	50	would	would	AUX
cjal-9251	1109	51	encourage	encourage	VERB
cjal-9251	1109	52	investors	investor	NOUN
cjal-9251	1109	53	to	to	PART
cjal-9251	1109	54	take	take	VERB
cjal-9251	1109	55	advantage	advantage	NOUN
cjal-9251	1109	56	of	of	ADP
cjal-9251	1109	57	this	this	DET
cjal-9251	1109	58	structure	structure	NOUN
cjal-9251	1109	59	.	.	PUNCT
cjal-9251	1110	1	314	314	NUM
cjal-9251	1110	2	brazil	brazil	PROPN
cjal-9251	1110	3	also	also	ADV
cjal-9251	1110	4	discourages	discourage	VERB
cjal-9251	1110	5	foreign	foreign	ADJ
cjal-9251	1110	6	investment	investment	NOUN
cjal-9251	1110	7	by	by	ADP
cjal-9251	1110	8	imposing	impose	VERB
cjal-9251	1110	9	a	a	DET
cjal-9251	1110	10	financial	financial	ADJ
cjal-9251	1110	11	transactions	transaction	NOUN
cjal-9251	1110	12	tax	tax	NOUN
cjal-9251	1110	13	on	on	ADP
cjal-9251	1110	14	foreign	foreign	ADJ
cjal-9251	1110	15	capital	capital	NOUN
cjal-9251	1110	16	inflows	inflow	NOUN
cjal-9251	1110	17	315	315	NUM
cjal-9251	1110	18	-	-	PUNCT
cjal-9251	1110	19	a	a	DET
cjal-9251	1110	20	macroeconomic	macroeconomic	ADJ
cjal-9251	1110	21	policy	policy	NOUN
cjal-9251	1110	22	measure	measure	NOUN
cjal-9251	1110	23	intended	intend	VERB
cjal-9251	1110	24	to	to	PART
cjal-9251	1110	25	prevent	prevent	VERB
cjal-9251	1110	26	excessive	excessive	ADJ
cjal-9251	1110	27	inflation	inflation	NOUN
cjal-9251	1110	28	,	,	PUNCT
cjal-9251	1110	29	311	311	NUM
cjal-9251	1110	30	josh	josh	PROPN
cjal-9251	1110	31	lerner	lerner	PROPN
cjal-9251	1110	32	,	,	PUNCT
cjal-9251	1110	33	when	when	SCONJ
cjal-9251	1110	34	bureaucrats	bureaucrat	NOUN
cjal-9251	1110	35	meet	meet	VERB
cjal-9251	1110	36	entrepreneurs	entrepreneur	NOUN
cjal-9251	1110	37	:	:	PUNCT
cjal-9251	1110	38	the	the	DET
cjal-9251	1110	39	design	design	NOUN
cjal-9251	1110	40	of	of	ADP
cjal-9251	1110	41	effective	effective	ADJ
cjal-9251	1110	42	public	public	ADJ
cjal-9251	1110	43	venture	venture	NOUN
cjal-9251	1110	44	capital	capital	NOUN
cjal-9251	1110	45	programmes	programme	NOUN
cjal-9251	1110	46	,	,	PUNCT
cjal-9251	1110	47	112	112	NUM
cjal-9251	1110	48	econ	econ	NOUN
cjal-9251	1110	49	.	.	PUNCT
cjal-9251	1111	1	j.	j.	PROPN
cjal-9251	1111	2	f73	f73	PROPN
cjal-9251	1111	3	(	(	PUNCT
cjal-9251	1111	4	2002	2002	NUM
cjal-9251	1111	5	)	)	PUNCT
cjal-9251	1111	6	.	.	PUNCT
cjal-9251	1112	1	312	312	NUM
cjal-9251	1112	2	see	see	VERB
cjal-9251	1112	3	part	part	NOUN
cjal-9251	1112	4	i.b	i.b	PROPN
cjal-9251	1112	5	.3	.3	PROPN
cjal-9251	1112	6	,	,	PUNCT
cjal-9251	1112	7	supra	supra	PROPN
cjal-9251	1112	8	.	.	PUNCT
cjal-9251	1112	9	31a	31a	PROPN
cjal-9251	1112	10	part	part	NOUN
cjal-9251	1112	11	i.b.4	i.b.4	NOUN
cjal-9251	1112	12	,	,	PUNCT
cjal-9251	1112	13	infra	infra	NOUN
cjal-9251	1112	14	.	.	PUNCT
cjal-9251	1113	1	311	311	NUM
cjal-9251	1113	2	shannon	shannon	PROPN
cjal-9251	1113	3	guy	guy	NOUN
cjal-9251	1113	4	,	,	PUNCT
cjal-9251	1113	5	pri	pri	NOUN
cjal-9251	1113	6	vate	vate	ADJ
cjal-9251	1113	7	equity	equity	NOUN
cjal-9251	1113	8	in	in	ADP
cjal-9251	1113	9	brazil	brazil	PROPN
cjal-9251	1113	10	:	:	PUNCT
cjal-9251	1113	11	indu	indu	NOUN
cjal-9251	1113	12	stry	stry	PROPN
cjal-9251	1113	13	overview	overview	NOUN
cjal-9251	1113	14	and	and	CCONJ
cjal-9251	1113	15	regulatory	regulatory	ADJ
cjal-9251	1113	16	environment	environment	NOUN
cjal-9251	1113	17	,	,	PUNCT
cjal-9251	1113	18	2	2	NUM
cjal-9251	1113	19	mich	mich	X
cjal-9251	1113	20	.	.	PUNCT
cjal-9251	1113	21	bus	bus	PROPN
cjal-9251	1113	22	.	.	PUNCT
cjal-9251	1113	23	&	&	CCONJ
cjal-9251	1113	24	entrepreneurial	entrepreneurial	PROPN
cjal-9251	1113	25	l.	l.	PROPN
cjal-9251	1113	26	rev	rev	PROPN
cjal-9251	1113	27	.	.	PROPN
cjal-9251	1113	28	155	155	NUM
cjal-9251	1113	29	,	,	PUNCT
cjal-9251	1113	30	173	173	NUM
cjal-9251	1113	31	(	(	PUNCT
cjal-9251	1113	32	2013	2013	NUM
cjal-9251	1113	33	)	)	PUNCT
cjal-9251	1113	34	.	.	PUNCT
cjal-9251	1114	1	315	315	NUM
cjal-9251	1114	2	on	on	ADP
cjal-9251	1114	3	brazil	brazil	PROPN
cjal-9251	1114	4	's	's	PART
cjal-9251	1114	5	taxing	taxing	NOUN
cjal-9251	1114	6	of	of	ADP
cjal-9251	1114	7	financial	financial	ADJ
cjal-9251	1114	8	transactions	transaction	NOUN
cjal-9251	1114	9	see	see	VERB
cjal-9251	1114	10	marcos	marcos	PROPN
cjal-9251	1114	11	chamon	chamon	PROPN
cjal-9251	1114	12	&	&	CCONJ
cjal-9251	1114	13	marcio	marcio	PROPN
cjal-9251	1114	14	garcias	garcias	PROPN
cjal-9251	1114	15	,	,	PUNCT
cjal-9251	1114	16	capital	capital	NOUN
cjal-9251	1114	17	control	control	NOUN
cjal-9251	1114	18	in	in	ADP
cjal-9251	1114	19	brazil	brazil	PROPN
cjal-9251	1114	20	:	:	PUNCT
cjal-9251	1114	21	effective	effective	ADJ
cjal-9251	1114	22	?	?	PUNCT
cjal-9251	1115	1	6	6	NUM
cjal-9251	1115	2	(	(	PUNCT
cjal-9251	1115	3	paper	paper	NOUN
cjal-9251	1115	4	presented	present	VERB
cjal-9251	1115	5	at	at	ADP
cjal-9251	1115	6	the	the	DET
cjal-9251	1115	7	15•h	15•h	PROPN
cjal-9251	1115	8	jacques	jacques	PROPN
cjal-9251	1115	9	polak	polak	PROPN
cjal-9251	1115	10	annual	annual	ADJ
cjal-9251	1115	11	research	research	NOUN
cjal-9251	1115	12	conference	conference	NOUN
cjal-9251	1115	13	of	of	ADP
cjal-9251	1115	14	the	the	DET
cjal-9251	1115	15	international	international	ADJ
cjal-9251	1115	16	monetary	monetary	ADJ
cjal-9251	1115	17	fund	fund	NOUN
cjal-9251	1115	18	,	,	PUNCT
cjal-9251	1115	19	nov	nov	PROPN
cjal-9251	1115	20	.	.	PROPN
cjal-9251	1115	21	13	13	NUM
cjal-9251	1115	22	-	-	SYM
cjal-9251	1115	23	14	14	NUM
cjal-9251	1115	24	,	,	PUNCT
cjal-9251	1115	25	2014	2014	NUM
cjal-9251	1115	26	)	)	PUNCT
cjal-9251	1115	27	,	,	PUNCT
cjal-9251	1115	28	http	http	NOUN
cjal-9251	1115	29	:	:	PUNCT
cjal-9251	1115	30	//bit.ly	//bit.ly	PUNCT
cjal-9251	1116	1	/2tmc7	/2tmc7	CCONJ
cjal-9251	1116	2	04	04	NUM
cjal-9251	1116	3	.	.	PUNCT
cjal-9251	1117	1	206	206	NUM
cjal-9251	1117	2	columbia	columbia	PROPN
cjal-9251	1117	3	journal	journal	PROPN
cjal-9251	1117	4	of	of	ADP
cjal-9251	1117	5	asian	asian	ADJ
cjal-9251	1117	6	law	law	NOUN
cjal-9251	1118	1	[	[	X
cjal-9251	1118	2	vol	vol	NOUN
cjal-9251	1118	3	.	.	PUNCT
cjal-9251	1118	4	30:160	30:160	NUM
cjal-9251	1118	5	reduce	reduce	VERB
cjal-9251	1118	6	risks	risk	NOUN
cjal-9251	1118	7	of	of	ADP
cjal-9251	1118	8	asset	asset	NOUN
cjal-9251	1118	9	price	price	NOUN
cjal-9251	1118	10	bubbles	bubble	NOUN
cjal-9251	1118	11	,	,	PUNCT
cjal-9251	1118	12	and	and	CCONJ
cjal-9251	1118	13	curb	curb	VERB
cjal-9251	1118	14	strong	strong	ADJ
cjal-9251	1118	15	exchange	exchange	NOUN
cjal-9251	1118	16	rate	rate	NOUN
cjal-9251	1118	17	appreciation	appreciation	NOUN
cjal-9251	1118	18	,	,	PUNCT
cjal-9251	1118	19	which	which	PRON
cjal-9251	1118	20	may	may	AUX
cjal-9251	1118	21	hurt	hurt	VERB
cjal-9251	1118	22	brazil	brazil	PROPN
cjal-9251	1118	23	's	's	PART
cjal-9251	1118	24	export	export	NOUN
cjal-9251	1118	25	competitiveness	competitiveness	NOUN
cjal-9251	1118	26	.	.	PUNCT
cjal-9251	1119	1	316	316	NUM
cjal-9251	1119	2	third	third	ADJ
cjal-9251	1119	3	,	,	PUNCT
cjal-9251	1119	4	with	with	ADP
cjal-9251	1119	5	regard	regard	NOUN
cjal-9251	1119	6	to	to	ADP
cjal-9251	1119	7	public	public	ADJ
cjal-9251	1119	8	funding	funding	NOUN
cjal-9251	1119	9	,	,	PUNCT
cjal-9251	1119	10	china	china	PROPN
cjal-9251	1119	11	's	's	PART
cjal-9251	1119	12	establishme	establishme	PROPN
cjal-9251	1119	13	nt	not	PART
cjal-9251	1119	14	of	of	ADP
cjal-9251	1119	15	various	various	ADJ
cjal-9251	1119	16	government	government	NOUN
cjal-9251	1119	17	programs	program	NOUN
cjal-9251	1119	18	317	317	NUM
cjal-9251	1119	19	has	have	AUX
cjal-9251	1119	20	substantially	substantially	ADV
cjal-9251	1119	21	incr	incr	VERB
cjal-9251	1119	22	ease	ease	NOUN
cjal-9251	1119	23	d	d	X
cjal-9251	1119	24	the	the	DET
cjal-9251	1119	25	supply	supply	NOUN
cjal-9251	1119	26	of	of	ADP
cjal-9251	1119	27	funding	funding	NOUN
cjal-9251	1119	28	to	to	ADP
cjal-9251	1119	29	the	the	DET
cjal-9251	1119	30	vc	vc	PROPN
cjal-9251	1119	31	market	market	NOUN
cjal-9251	1119	32	.	.	PUNCT
cjal-9251	1120	1	the	the	DET
cjal-9251	1120	2	reality	reality	NOUN
cjal-9251	1120	3	is	be	AUX
cjal-9251	1120	4	that	that	SCONJ
cjal-9251	1120	5	countries	country	NOUN
cjal-9251	1120	6	have	have	VERB
cjal-9251	1120	7	differing	differ	VERB
cjal-9251	1120	8	availability	availability	NOUN
cjal-9251	1120	9	of	of	ADP
cjal-9251	1120	10	public	public	ADJ
cjal-9251	1120	11	fµnds	fµnd	NOUN
cjal-9251	1120	12	.	.	PUNCT
cjal-9251	1121	1	lackluster	lackluster	ADJ
cjal-9251	1121	2	economic	economic	ADJ
cjal-9251	1121	3	growth	growth	NOUN
cjal-9251	1121	4	and	and	CCONJ
cjal-9251	1121	5	fiscal	fiscal	ADJ
cjal-9251	1121	6	profligacy	profligacy	NOUN
cjal-9251	1121	7	in	in	ADP
cjal-9251	1121	8	the	the	DET
cjal-9251	1121	9	boom	boom	NOUN
cjal-9251	1121	10	years	year	NOUN
cjal-9251	1121	11	may	may	AUX
cjal-9251	1121	12	cause	cause	VERB
cjal-9251	1121	13	a	a	DET
cjal-9251	1121	14	government	government	NOUN
cjal-9251	1121	15	to	to	PART
cjal-9251	1121	16	be	be	AUX
cjal-9251	1121	17	burdened	burden	VERB
cjal-9251	1121	18	with	with	ADP
cjal-9251	1121	19	dwindling	dwindle	VERB
cjal-9251	1121	20	public	public	ADJ
cjal-9251	1121	21	funds	fund	NOUN
cjal-9251	1121	22	and	and	CCONJ
cjal-9251	1121	23	face	face	VERB
cjal-9251	1121	24	budgetary	budgetary	ADJ
cjal-9251	1121	25	constraints	constraint	NOUN
cjal-9251	1121	26	.	.	PUNCT
cjal-9251	1122	1	germany	germany	PROPN
cjal-9251	1122	2	's	's	PART
cjal-9251	1122	3	wfg	wfg	PROPN
cjal-9251	1122	4	program	program	NOUN
cjal-9251	1122	5	,	,	PUNCT
cjal-9251	1122	6	for	for	ADP
cjal-9251	1122	7	example	example	NOUN
cjal-9251	1122	8	,	,	PUNCT
cjal-9251	1122	9	was	be	AUX
cjal-9251	1122	10	only	only	ADV
cjal-9251	1122	11	funded	fund	VERB
cjal-9251	1122	12	50	50	NUM
cjal-9251	1122	13	million	million	NUM
cjal-9251	1122	14	dm	dm	NOUN
cjal-9251	1122	15	(	(	PUNCT
cjal-9251	1122	16	approximately	approximately	ADV
cjal-9251	1122	17	81	81	NUM
cjal-9251	1122	18	million	million	NUM
cjal-9251	1122	19	usd	usd	NOUN
cjal-9251	1122	20	using	use	VERB
cjal-9251	1122	21	1990	1990	NUM
cjal-9251	1122	22	rate	rate	NOUN
cjal-9251	1122	23	s	s	NOUN
cjal-9251	1122	24	)	)	PUNCT
cjal-9251	1122	25	.	.	PUNCT
cjal-9251	1123	1	318	318	NUM
cjal-9251	1123	2	though	though	SCONJ
cjal-9251	1123	3	the	the	DET
cjal-9251	1123	4	wfg	wfg	NOUN
cjal-9251	1123	5	program	program	NOUN
cjal-9251	1123	6	was	be	AUX
cjal-9251	1123	7	conducted	conduct	VERB
cjal-9251	1123	8	from	from	ADP
cjal-9251	1123	9	1976	1976	NUM
cjal-9251	1123	10	to	to	ADP
cjal-9251	1123	11	1991	1991	NUM
cjal-9251	1123	12	319	319	NUM
cjal-9251	1123	13	and	and	CCONJ
cjal-9251	1123	14	inflation	inflation	NOUN
cjal-9251	1123	15	must	must	AUX
cjal-9251	1123	16	be	be	AUX
cjal-9251	1123	17	accounted	account	VERB
cjal-9251	1123	18	for	for	ADP
cjal-9251	1123	19	,	,	PUNCT
cjal-9251	1123	20	its	its	PRON
cjal-9251	1123	21	d?,odest	d?,od	ADJ
cjal-9251	1123	22	size	size	NOUN
cjal-9251	1123	23	provides	provide	VERB
cjal-9251	1123	24	less	less	ADJ
cjal-9251	1123	25	of	of	ADP
cjal-9251	1123	26	an	an	DET
cjal-9251	1123	27	"	"	PUNCT
cjal-9251	1123	28	add	add	VERB
cjal-9251	1123	29	-on	-on	NOUN
cjal-9251	1123	30	effect	effect	NOUN
cjal-9251	1123	31	"	"	PUNCT
cjal-9251	1123	32	in	in	ADP
cjal-9251	1123	33	raising	raise	VERB
cjal-9251	1123	34	capital	capital	NOUN
cjal-9251	1123	35	.	.	PUNCT
cjal-9251	1124	1	public	public	ADJ
cjal-9251	1124	2	fund	fund	NOUN
cjal-9251	1124	3	size	size	NOUN
cjal-9251	1124	4	,	,	PUNCT
cjal-9251	1124	5	however	however	ADV
cjal-9251	1124	6	,	,	PUNCT
cjal-9251	1124	7	is	be	AUX
cjal-9251	1124	8	not	not	PART
cjal-9251	1124	9	the	the	DET
cjal-9251	1124	10	only	only	ADV
cjal-9251	1124	11	determining	determine	VERB
cjal-9251	1124	12	factor	factor	NOUN
cjal-9251	1124	13	.	.	PUNCT
cjal-9251	1125	1	a20	a20	NOUN
cjal-9251	1125	2	many	many	ADJ
cjal-9251	1125	3	other	other	ADJ
cjal-9251	1125	4	factors	factor	NOUN
cjal-9251	1125	5	affect	affect	VERB
cjal-9251	1125	6	the	the	DET
cjal-9251	1125	7	success	success	NOUN
cjal-9251	1125	8	and	and	CCONJ
cjal-9251	1125	9	effectiveness	effectiveness	NOUN
cjal-9251	1125	10	of	of	ADP
cjal-9251	1125	11	government	government	NOUN
cjal-9251	1125	12	programs	program	NOUN
cjal-9251	1125	13	,	,	PUNCT
cjal-9251	1125	14	including	include	VERB
cjal-9251	1125	15	the	the	DET
cjal-9251	1125	16	duration	duration	NOUN
cjal-9251	1125	17	of	of	ADP
cjal-9251	1125	18	the	the	DET
cjal-9251	1125	19	program	program	NOUN
cjal-9251	1125	20	s	s	PROPN
cjal-9251	1125	21	,	,	PUNCT
cjal-9251	1125	22	321	321	NUM
cjal-9251	1125	23	their	their	PRON
cjal-9251	1125	24	flexib	flexib	NOUN
cjal-9251	1125	25	ility	ility	NOUN
cjal-9251	1125	26	,	,	PUNCT
cjal-9251	1125	27	322	322	NUM
cjal-9251	1125	28	the	the	DET
cjal-9251	1125	29	presence	presence	NOUN
cjal-9251	1125	30	of	of	ADP
cjal-9251	1125	31	incentives	incentive	NOUN
cjal-9251	1125	32	for	for	ADP
cjal-9251	1125	33	a	a	DET
cjal-9251	1125	34	financial	financial	ADJ
cjal-9251	1125	35	intermediary	intermediary	NOUN
cjal-9251	1125	36	to	to	PART
cjal-9251	1125	37	monitor	monitor	VERB
cjal-9251	1125	38	portfolio	portfolio	NOUN
cjal-9251	1125	39	companies	company	NOUN
cjal-9251	1125	40	,	,	PUNCT
cjal-9251	1125	41	323	323	NUM
cjal-9251	1125	42	and	and	CCONJ
cjal-9251	1125	43	the	the	DET
cjal-9251	1125	44	implementation	implementation	NOUN
cjal-9251	1125	45	pro	pro	SCONJ
cjal-9251	1125	46	cess	cess	ADJ
cjal-9251	1125	47	.	.	PUNCT
cjal-9251	1126	1	324	324	NUM
cjal-9251	1126	2	notably	notably	ADV
cjal-9251	1126	3	,	,	PUNCT
cjal-9251	1126	4	china	china	PROPN
cjal-9251	1126	5	's	's	PART
cjal-9251	1126	6	new	new	PROPN
cjal-9251	1126	7	svcigf	svcigf	PROPN
cjal-9251	1126	8	program	program	PROPN
cjal-9251	1126	9	has	have	AUX
cjal-9251	1126	10	taken	take	VERB
cjal-9251	1126	11	a	a	DET
cjal-9251	1126	12	market	market	NOUN
cjal-9251	1126	13	-	-	PUNCT
cjal-9251	1126	14	oriented	orient	VERB
cjal-9251	1126	15	approach	approach	NOUN
cjal-9251	1126	16	,	,	PUNCT
cjal-9251	1126	17	by	by	ADP
cjal-9251	1126	18	allowing	allow	VERB
cjal-9251	1126	19	,	,	PUNCT
cjal-9251	1126	20	inter	inter	ADJ
cjal-9251	1126	21	alia	alia	NOUN
cjal-9251	1126	22	,	,	PUNCT
cjal-9251	1126	23	matching	match	VERB
cjal-9251	1126	24	of	of	ADP
cjal-9251	1126	25	more	more	ADJ
cjal-9251	1126	26	than	than	ADP
cjal-9251	1126	27	half	half	NOUN
cjal-9251	1126	28	of	of	ADP
cjal-9251	1126	29	the	the	DET
cjal-9251	1126	30	funding	funding	NOUN
cjal-9251	1126	31	from	from	ADP
cjal-9251	1126	32	the	the	DET
cjal-9251	1126	33	private	private	ADJ
cjal-9251	1126	34	sector	sector	NOUN
cjal-9251	1126	35	,	,	PUNCT
cjal-9251	1126	36	appointment	appointment	NOUN
cjal-9251	1126	37	of	of	ADP
cjal-9251	1126	38	gps	gps	PROPN
cjal-9251	1126	39	via	via	ADP
cjal-9251	1126	40	public	public	ADJ
cjal-9251	1126	41	bidding	bidding	NOUN
cjal-9251	1126	42	,	,	PUNCT
cjal-9251	1126	43	and	and	CCONJ
cjal-9251	1126	44	use	use	NOUN
cjal-9251	1126	45	of	of	ADP
cjal-9251	1126	46	fof	fof	ADJ
cjal-9251	1126	47	structure	structure	NOUN
cjal-9251	1126	48	to	to	PART
cjal-9251	1126	49	diversify	diversify	VERB
cjal-9251	1126	50	investment	investment	NOUN
cjal-9251	1126	51	risks	risk	NOUN
cjal-9251	1126	52	.	.	PUNCT
cjal-9251	1127	1	regulation	regulation	NOUN
cjal-9251	1127	2	s	s	VERB
cjal-9251	1127	3	hav	hav	NOUN
cjal-9251	1127	4	e	e	NOUN
cjal-9251	1127	5	also	also	ADV
cjal-9251	1127	6	been	be	AUX
cjal-9251	1127	7	issued	issue	VERB
cjal-9251	1127	8	to	to	PART
cjal-9251	1127	9	reduce	reduce	VERB
cjal-9251	1127	10	government	government	NOUN
cjal-9251	1127	11	intervention	intervention	NOUN
cjal-9251	1127	12	in	in	ADP
cjal-9251	1127	13	the	the	DET
cjal-9251	1127	14	capital	capital	NOUN
cjal-9251	1127	15	allocation	allocation	NOUN
cjal-9251	1127	16	of	of	ADP
cjal-9251	1127	17	government	government	NOUN
cjal-9251	1127	18	funds	fund	NOUN
cjal-9251	1127	19	.	.	PUNCT
cjal-9251	1128	1	s25	s25	PROPN
cjal-9251	1128	2	nevertheless	nevertheless	ADV
cjal-9251	1128	3	,	,	PUNCT
cjal-9251	1128	4	there	there	PRON
cjal-9251	1128	5	are	be	VERB
cjal-9251	1128	6	similar	similar	ADJ
cjal-9251	1128	7	flaws	flaw	NOUN
cjal-9251	1128	8	found	find	VERB
cjal-9251	1128	9	within	within	ADP
cjal-9251	1128	10	china	china	PROPN
cjal-9251	1128	11	's	's	PART
cjal-9251	1128	12	local	local	ADJ
cjal-9251	1128	13	ggfs	ggfs	NOUN
cjal-9251	1128	14	and	and	CCONJ
cjal-9251	1128	15	other	other	ADJ
cjal-9251	1128	16	countries	country	NOUN
cjal-9251	1128	17	'	'	PART
cjal-9251	1128	18	public	public	ADJ
cjal-9251	1128	19	program	program	NOUN
cjal-9251	1128	20	s.	s.	PROPN
cjal-9251	1128	21	for	for	ADP
cjal-9251	1128	22	instan	instan	PROPN
cjal-9251	1128	23	ce	ce	PROPN
cjal-9251	1128	24	,	,	PUNCT
cjal-9251	1128	25	like	like	ADP
cjal-9251	1128	26	germany	germany	PROPN
cjal-9251	1128	27	's	's	PART
cjal-9251	1128	28	wfg	wfg	NOUN
cjal-9251	1128	29	,	,	PUNCT
cjal-9251	1128	30	some	some	PRON
cjal-9251	1128	31	of	of	ADP
cjal-9251	1128	32	china	china	PROPN
cjal-9251	1128	33	's	's	PART
cjal-9251	1128	34	local	local	ADJ
cjal-9251	1128	35	ggf	ggf	PROPN
cjal-9251	1128	36	s	s	PART
cjal-9251	1128	37	guarant	guarant	NOUN
cjal-9251	1128	38	ee	ee	ADP
cjal-9251	1128	39	investment	investment	NOUN
cjal-9251	1128	40	losses	loss	NOUN
cjal-9251	1128	41	suffered	suffer	VERB
cjal-9251	1128	42	by	by	ADP
cjal-9251	1128	43	vc	vc	PROPN
cjal-9251	1128	44	firms	firm	NOUN
cjal-9251	1128	45	,	,	PUNCT
cjal-9251	1128	46	resulting	result	VERB
cjal-9251	1128	47	in	in	ADP
cjal-9251	1128	48	a	a	DET
cjal-9251	1128	49	lack	lack	NOUN
cjal-9251	1128	50	of	of	ADP
cjal-9251	1128	51	incentive	incentive	NOUN
cjal-9251	1128	52	s	s	X
cjal-9251	1128	53	for	for	ADP
cjal-9251	1128	54	venture	venture	NOUN
cjal-9251	1128	55	3	3	NUM
cjal-9251	1128	56	16	16	NUM
cjal-9251	1129	1	i	i	PRON
cjal-9251	1129	2	d.	d.	PROPN
cjal-9251	1129	3	at	at	ADP
cjal-9251	1129	4	2	2	NUM
cjal-9251	1129	5	.	.	PUNCT
cjal-9251	1129	6	brazil	brazil	PROPN
cjal-9251	1129	7	's	's	PART
cjal-9251	1129	8	justification	justification	NOUN
cjal-9251	1129	9	that	that	SCONJ
cjal-9251	1129	10	strict	strict	ADJ
cjal-9251	1129	11	ca	can	AUX
cjal-9251	1129	12	pital	pital	ADV
cjal-9251	1129	13	con	con	X
cjal-9251	1129	14	tr	tr	VERB
cjal-9251	1129	15	ol	ol	ADJ
cjal-9251	1129	16	is	be	AUX
cjal-9251	1129	17	necessary	necessary	ADJ
cjal-9251	1129	18	to	to	PART
cjal-9251	1129	19	maintain	maintain	VERB
cjal-9251	1129	20	economic	economic	ADJ
cjal-9251	1129	21	and	and	CCONJ
cjal-9251	1129	22	financial	financial	ADJ
cjal-9251	1129	23	stability	stability	NOUN
cjal-9251	1129	24	,	,	PUNCT
cjal-9251	1129	25	however	however	ADV
cjal-9251	1129	26	,	,	PUNCT
cjal-9251	1129	27	is	be	AUX
cjal-9251	1129	28	not	not	PART
cjal-9251	1129	29	entirel	entirel	NOUN
cjal-9251	1129	30	y	y	PROPN
cjal-9251	1129	31	sound	sound	VERB
cjal-9251	1129	32	.	.	PUNCT
cjal-9251	1130	1	its	its	PRON
cjal-9251	1130	2	short	short	ADJ
cjal-9251	1130	3	cras	cras	X
cjal-9251	1130	4	h	h	PROPN
cjal-9251	1130	5	and	and	CCONJ
cjal-9251	1130	6	boom	boom	NOUN
cjal-9251	1130	7	cycles	cycle	NOUN
cjal-9251	1130	8	,	,	PUNCT
cjal-9251	1130	9	rapidly	rapidly	ADV
cjal-9251	1130	10	fluctuating	fluctuate	VERB
cjal-9251	1130	11	currency	currency	NOUN
cjal-9251	1130	12	,	,	PUNCT
cjal-9251	1130	13	and	and	CCONJ
cjal-9251	1130	14	high	high	ADJ
cjal-9251	1130	15	inflation	inflation	NOUN
cjal-9251	1130	16	are	be	AUX
cjal-9251	1130	17	just	just	ADV
cjal-9251	1130	18	symptoms	symptom	NOUN
cjal-9251	1130	19	of	of	ADP
cjal-9251	1130	20	multiple	multiple	ADJ
cjal-9251	1130	21	political	political	ADJ
cjal-9251	1130	22	problems	problem	NOUN
cjal-9251	1130	23	(	(	PUNCT
cjal-9251	1130	24	such	such	ADJ
cjal-9251	1130	25	as	as	ADP
cjal-9251	1130	26	corruption	corruption	NOUN
cjal-9251	1130	27	,	,	PUNCT
cjal-9251	1130	28	paral	paral	ADJ
cjal-9251	1130	29	ys	ys	PROPN
cjal-9251	1130	30	is	be	AUX
cjal-9251	1130	31	of	of	ADP
cjal-9251	1130	32	policymaking	policymake	VERB
cjal-9251	1130	33	process	process	NOUN
cjal-9251	1130	34	,	,	PUNCT
cjal-9251	1130	35	lack	lack	NOUN
cjal-9251	1130	36	of	of	ADP
cjal-9251	1130	37	implementation	implementation	NOUN
cjal-9251	1130	38	of	of	ADP
cjal-9251	1130	39	structural	structural	ADJ
cjal-9251	1130	40	economic	economic	ADJ
cjal-9251	1130	41	reform	reform	NOUN
cjal-9251	1130	42	)	)	PUNCT
cjal-9251	1130	43	that	that	SCONJ
cjal-9251	1130	44	it	it	PRON
cjal-9251	1130	45	faces	face	VERB
cjal-9251	1130	46	.	.	PUNCT
cjal-9251	1131	1	m	m	PROPN
cjal-9251	1131	2	see	see	VERB
cjal-9251	1131	3	part	part	NOUN
cjal-9251	1131	4	i.b.2	i.b.2	NOUN
cjal-9251	1131	5	,	,	PUNCT
cjal-9251	1131	6	supra	supra	ADJ
cjal-9251	1131	7	.	.	PUNCT
cjal-9251	1132	1	3ts	3ts	ADJ
cjal-9251	1132	2	gilson	gilson	PROPN
cjal-9251	1132	3	,	,	PUNCT
cjal-9251	1132	4	supra	supra	PROPN
cjal-9251	1132	5	note	note	PROPN
cjal-9251	1132	6	1	1	NUM
cjal-9251	1132	7	,	,	PUNCT
cjal-9251	1132	8	at	at	ADP
cjal-9251	1132	9	1095	1095	NUM
cjal-9251	1132	10	.	.	PUNCT
cjal-9251	1133	1	319	319	NUM
cjal-9251	1133	2	paul	paul	PROPN
cjal-9251	1133	3	jowett	jowett	PROPN
cjal-9251	1133	4	&	&	CCONJ
cjal-9251	1133	5	francoise	francoise	PROPN
cjal-9251	1133	6	j	j	PROPN
cjal-9251	1133	7	owett	owett	PROPN
cjal-9251	1133	8	,	,	PUNCT
cjal-9251	1133	9	private	private	ADJ
cjal-9251	1133	10	equity	equity	NOUN
cjal-9251	1133	11	:	:	PUNCT
cjal-9251	1133	12	the	the	DET
cjal-9251	1133	13	germa	germa	NOUN
cjal-9251	1133	14	.	.	PUNCT
cjal-9251	1133	15	'1	'1	PROPN
cjal-9251	1133	16	experience	experience	NOUN
cjal-9251	1133	17	15	15	NUM
cjal-9251	1133	18	(	(	PUNCT
cjal-9251	1133	19	2011	2011	NUM
cjal-9251	1133	20	)	)	PUNCT
cjal-9251	1133	21	.	.	PUNCT
cjal-9251	1134	1	·	·	PUNCT
cjal-9251	1135	1	320	320	NUM
cjal-9251	1135	2	lerner	lerner	NOUN
cjal-9251	1135	3	,	,	PUNCT
cjal-9251	1135	4	supra	supra	PROPN
cjal-9251	1135	5	note	note	PROPN
cjal-9251	1135	6	5	5	NUM
cjal-9251	1135	7	,	,	PUNCT
cjal-9251	1135	8	at	at	ADP
cjal-9251	1135	9	117	117	NUM
cjal-9251	1135	10	-	-	SYM
cjal-9251	1135	11	23	23	NUM
cjal-9251	1135	12	(	(	PUNCT
cjal-9251	1135	13	arguing	argue	VERB
cjal-9251	1135	14	that	that	PRON
cjal-9251	1135	15	ei	ei	AUX
cjal-9251	1135	16	ther	ther	VERB
cjal-9251	1135	17	too	too	ADV
cjal-9251	1135	18	small	small	ADJ
cjal-9251	1135	19	or	or	CCONJ
cjal-9251	1135	20	too	too	ADV
cjal-9251	1135	21	large	large	ADJ
cjal-9251	1135	22	a	a	DET
cjal-9251	1135	23	government	government	NOUN
cjal-9251	1135	24	initiative	initiative	NOUN
cjal-9251	1135	25	can	can	AUX
cjal-9251	1135	26	pose	pose	VERB
cjal-9251	1135	27	profound	profound	ADJ
cjal-9251	1135	28	difficulti	difficulti	NOUN
cjal-9251	1135	29	es	es	PROPN
cjal-9251	1135	30	)	)	PUNCT
cjal-9251	1135	31	.	.	PUNCT
cjal-9251	1136	1	321	321	NUM
cjal-9251	1137	1	i	i	PRON
cjal-9251	1137	2	d.	d.	NOUN
cjal-9251	1137	3	at	at	ADP
cjal-9251	1137	4	112	112	NUM
cjal-9251	1137	5	-	-	SYM
cjal-9251	1137	6	16	16	NUM
cjal-9251	1137	7	(	(	PUNCT
cjal-9251	1137	8	arguing	argue	VERB
cjal-9251	1137	9	that	that	SCONJ
cjal-9251	1137	10	encouraging	encouraging	ADJ
cjal-9251	1137	11	entr	entr	NOUN
cjal-9251	1137	12	epr	epr	PROPN
cjal-9251	1137	13	eneu	eneu	PROPN
cjal-9251	1137	14	rship	rship	NOUN
cjal-9251	1137	15	requires	require	VERB
cjal-9251	1137	16	a	a	DET
cjal-9251	1137	17	long	long	ADV
cjal-9251	1137	18	-	-	PUNCT
cjal-9251	1137	19	te	te	NOUN
cjal-9251	1137	20	rm	rm	NOUN
cjal-9251	1137	21	commitment	commitment	NOUN
cjal-9251	1137	22	on	on	ADP
cjal-9251	1137	23	the	the	DET
cjal-9251	1137	24	part	part	NOUN
cjal-9251	1137	25	of	of	ADP
cjal-9251	1137	26	public	public	ADJ
cjal-9251	1137	27	official	official	NOUN
cjal-9251	1137	28	s	s	NOUN
cjal-9251	1137	29	)	)	PUNCT
cjal-9251	1137	30	.	.	PUNCT
cjal-9251	1138	1	322	322	NUM
cjal-9251	1139	1	i	i	PRON
cjal-9251	1139	2	d.	d.	PROPN
cjal-9251	1139	3	at	at	ADP
cjal-9251	1139	4	124	124	NUM
cjal-9251	1139	5	-	-	SYM
cjal-9251	1139	6	27	27	NUM
cjal-9251	1139	7	(	(	PUNCT
cjal-9251	1139	8	suggesting	suggest	VERB
cjal-9251	1139	9	that	that	SCONJ
cjal-9251	1139	10	government	government	NOUN
cjal-9251	1139	11	officials	official	NOUN
cjal-9251	1139	12	must	must	AUX
cjal-9251	1139	13	appreciate	appreciate	VERB
cjal-9251	1139	14	th	th	X
cjal-9251	1139	15	e	e	NOUN
cjal-9251	1139	16	need	need	NOUN
cjal-9251	1139	17	for	for	ADP
cjal-9251	1139	18	the	the	DET
cjal-9251	1139	19	flexibility	flexibility	NOUN
cjal-9251	1139	20	in	in	ADP
cjal-9251	1139	21	vc	vc	PROPN
cjal-9251	1139	22	investment	investment	NOUN
cjal-9251	1139	23	and	and	CCONJ
cjal-9251	1139	24	rely	rely	VERB
cjal-9251	1139	25	more	more	ADV
cjal-9251	1139	26	on	on	ADP
cjal-9251	1139	27	market	market	NOUN
cjal-9251	1139	28	forces	force	NOUN
cjal-9251	1139	29	in	in	ADP
cjal-9251	1139	30	se	se	X
cjal-9251	1139	31	lecting	lecte	VERB
cjal-9251	1139	32	portfolio	portfolio	NOUN
cjal-9251	1139	33	companies	company	NOUN
cjal-9251	1139	34	)	)	PUNCT
cjal-9251	1139	35	.	.	PUNCT
cjal-9251	1140	1	323	323	NUM
cjal-9251	1140	2	see	see	VERB
cjal-9251	1140	3	gilson	gilson	NOUN
cjal-9251	1140	4	,	,	PUNCT
cjal-9251	1140	5	supra	supra	PROPN
cjal-9251	1140	6	note	note	PROPN
cjal-9251	1140	7	1	1	NUM
cjal-9251	1140	8	,	,	PUNCT
cjal-9251	1140	9	at	at	ADP
cjal-9251	1140	10	1099	1099	NUM
cjal-9251	1140	11	-	-	SYM
cjal-9251	1140	12	1100	1100	NUM
cjal-9251	1140	13	.	.	PUNCT
cjal-9251	1141	1	324	324	NUM
cjal-9251	1141	2	lerner	lerner	NOUN
cjal-9251	1141	3	,	,	PUNCT
cjal-9251	1141	4	supra	supra	PROPN
cjal-9251	1141	5	note	note	NOUN
cjal-9251	1141	6	5	5	NUM
cjal-9251	1141	7	.	.	PUNCT
cjal-9251	1142	1	the	the	DET
cjal-9251	1142	2	impl	impl	NOUN
cjal-9251	1142	3	ementation	ementation	NOUN
cjal-9251	1142	4	process	process	NOUN
cjal-9251	1142	5	refers	refer	VERB
cjal-9251	1142	6	to	to	ADP
cjal-9251	1142	7	whether	whether	SCONJ
cjal-9251	1142	8	the	the	DET
cjal-9251	1142	9	fund	fund	NOUN
cjal-9251	1142	10	distribution	distribution	NOUN
cjal-9251	1142	11	is	be	AUX
cjal-9251	1142	12	driven	drive	VERB
cjal-9251	1142	13	by	by	ADP
cjal-9251	1142	14	market	market	NOUN
cjal-9251	1142	15	force	force	NOUN
cjal-9251	1142	16	s	s	PART
cjal-9251	1142	17	or	or	CCONJ
cjal-9251	1142	18	whether	whether	SCONJ
cjal-9251	1142	19	th	th	X
cjal-9251	1142	20	ere	ere	PROPN
cjal-9251	1142	21	is	be	AUX
cjal-9251	1142	22	an	an	DET
cjal-9251	1142	23	excessive	excessive	ADJ
cjal-9251	1142	24	amount	amount	NOUN
cjal-9251	1142	25	of	of	ADP
cjal-9251	1142	26	government	government	NOUN
cjal-9251	1142	27	interference	interference	NOUN
cjal-9251	1142	28	.	.	PUNCT
cjal-9251	1143	1	320	320	NUM
cjal-9251	1143	2	see	see	VERB
cjal-9251	1143	3	text	text	NOUN
cjal-9251	1143	4	accompanying	accompany	VERB
cjal-9251	1143	5	notes	note	NOUN
cjal-9251	1143	6	269	269	NUM
cjal-9251	1143	7	-275	-275	PROPN
cjal-9251	1143	8	,	,	PUNCT
cjal-9251	1143	9	supra	supra	PROPN
cjal-9251	1143	10	.	.	PUNCT
cjal-9251	1143	11	2017	2017	NUM
cjal-9251	1143	12	]	]	PUNCT
cjal-9251	1143	13	engineering	engineer	VERB
cjal-9251	1143	14	a	a	DET
cjal-9251	1143	15	venture	venture	NOUN
cjal-9251	1143	16	capital	capital	NOUN
cjal-9251	1143	17	market	market	NOUN
cjal-9251	1143	18	207	207	NUM
cjal-9251	1143	19	capitalists	capitalist	NOUN
cjal-9251	1143	20	to	to	PART
cjal-9251	1143	21	monitor	monitor	VERB
cjal-9251	1143	22	the	the	DET
cjal-9251	1143	23	portfolio	portfolio	NOUN
cjal-9251	1143	24	companies	company	NOUN
cjal-9251	1143	25	.	.	PUNCT
cjal-9251	1144	1	further	far	ADV
cjal-9251	1144	2	,	,	PUNCT
cjal-9251	1144	3	there	there	PRON
cjal-9251	1144	4	was	be	VERB
cjal-9251	1144	5	government	government	NOUN
cjal-9251	1144	6	intervention	intervention	NOUN
cjal-9251	1144	7	in	in	ADP
cjal-9251	1144	8	the	the	DET
cjal-9251	1144	9	selection	selection	NOUN
cjal-9251	1144	10	of	of	ADP
cjal-9251	1144	11	the	the	DET
cjal-9251	1144	12	portfolio	portfolio	NOUN
cjal-9251	1144	13	companies	company	NOUN
cjal-9251	1144	14	in	in	ADP
cjal-9251	1144	15	wfg	wfg	NOUN
cjal-9251	1144	16	and	and	CCONJ
cjal-9251	1144	17	china	china	PROPN
cjal-9251	1144	18	's	's	PART
cjal-9251	1144	19	local	local	ADJ
cjal-9251	1144	20	ggfs	ggfs	NOUN
cjal-9251	1144	21	due	due	ADP
cjal-9251	1144	22	to	to	ADP
cjal-9251	1144	23	the	the	DET
cjal-9251	1144	24	flawed	flawed	ADJ
cjal-9251	1144	25	incentive	incentive	NOUN
cjal-9251	1144	26	and	and	CCONJ
cjal-9251	1144	27	appointment	appointment	NOUN
cjal-9251	1144	28	structure	structure	NOUN
cjal-9251	1144	29	of	of	ADP
cjal-9251	1144	30	gps.326	gps.326	NOUN
cjal-9251	1144	31	therefore	therefore	ADV
cjal-9251	1144	32	,	,	PUNCT
cjal-9251	1144	33	when	when	SCONJ
cjal-9251	1144	34	emulating	emulate	VERB
cjal-9251	1144	35	china	china	PROPN
cjal-9251	1144	36	's	's	PART
cjal-9251	1144	37	vc	vc	PROPN
cjal-9251	1144	38	public	public	ADJ
cjal-9251	1144	39	funding	funding	NOUN
cjal-9251	1144	40	system	system	NOUN
cjal-9251	1144	41	,	,	PUNCT
cjal-9251	1144	42	other	other	ADJ
cjal-9251	1144	43	countries	country	NOUN
cjal-9251	1144	44	should	should	AUX
cjal-9251	1144	45	take	take	VERB
cjal-9251	1144	46	note	note	NOUN
cjal-9251	1144	47	to	to	PART
cjal-9251	1144	48	avoid	avoid	VERB
cjal-9251	1144	49	the	the	DET
cjal-9251	1144	50	similar	similar	ADJ
cjal-9251	1144	51	structural	structural	ADJ
cjal-9251	1144	52	deficiencies	deficiency	NOUN
cjal-9251	1144	53	present	present	ADJ
cjal-9251	1144	54	in	in	ADP
cjal-9251	1144	55	some	some	DET
cjal-9251	1144	56	local	local	ADJ
cjal-9251	1144	57	ggfs	ggfs	NOUN
cjal-9251	1144	58	and	and	CCONJ
cjal-9251	1144	59	instead	instead	ADV
cjal-9251	1144	60	refer	refer	VERB
cjal-9251	1144	61	to	to	ADP
cjal-9251	1144	62	the	the	DET
cjal-9251	1144	63	newly	newly	ADV
cjal-9251	1144	64	launched	launch	VERB
cjal-9251	1144	65	svcifg	svcifg	NOUN
cjal-9251	1144	66	's	's	PART
cjal-9251	1144	67	market	market	NOUN
cjal-9251	1144	68	-	-	PUNCT
cjal-9251	1144	69	oriented	orient	VERB
cjal-9251	1144	70	design	design	NOUN
cjal-9251	1144	71	.	.	PUNCT
cjal-9251	1145	1	the	the	DET
cjal-9251	1145	2	government	government	NOUN
cjal-9251	1145	3	's	's	PART
cjal-9251	1145	4	role	role	NOUN
cjal-9251	1145	5	in	in	ADP
cjal-9251	1145	6	the	the	DET
cjal-9251	1145	7	fundraising	fundraising	NOUN
cjal-9251	1145	8	process	process	NOUN
cjal-9251	1145	9	should	should	AUX
cjal-9251	1145	10	be	be	AUX
cjal-9251	1145	11	limited	limit	VERB
cjal-9251	1145	12	to	to	ADP
cjal-9251	1145	13	being	be	AUX
cjal-9251	1145	14	a	a	DET
cjal-9251	1145	15	lp	lp	NOUN
cjal-9251	1145	16	who	who	PRON
cjal-9251	1145	17	does	do	AUX
cjal-9251	1145	18	not	not	PART
cjal-9251	1145	19	participate	participate	VERB
cjal-9251	1145	20	in	in	ADP
cjal-9251	1145	21	the	the	DET
cjal-9251	1145	22	management	management	NOUN
cjal-9251	1145	23	of	of	ADP
cjal-9251	1145	24	the	the	DET
cjal-9251	1145	25	fund	fund	NOUN
cjal-9251	1145	26	.	.	PUNCT
cjal-9251	1146	1	by	by	ADP
cjal-9251	1146	2	doing	do	VERB
cjal-9251	1146	3	so	so	ADV
cjal-9251	1146	4	,	,	PUNCT
cjal-9251	1146	5	the	the	DET
cjal-9251	1146	6	government	government	NOUN
cjal-9251	1146	7	leaves	leave	VERB
cjal-9251	1146	8	capital	capital	NOUN
cjal-9251	1146	9	allocation	allocation	NOUN
cjal-9251	1146	10	decisions	decision	NOUN
cjal-9251	1146	11	to	to	ADP
cjal-9251	1146	12	market	market	NOUN
cjal-9251	1146	13	forces	force	NOUN
cjal-9251	1146	14	.	.	PUNCT
cjal-9251	1147	1	2	2	X
cjal-9251	1147	2	.	.	X
cjal-9251	1147	3	tax	tax	NOUN
cjal-9251	1147	4	incentives	incentive	NOUN
cjal-9251	1147	5	multiple	multiple	ADJ
cjal-9251	1147	6	chinese	chinese	ADJ
cjal-9251	1147	7	local	local	ADJ
cjal-9251	1147	8	governments	government	NOUN
cjal-9251	1147	9	have	have	AUX
cjal-9251	1147	10	offered	offer	VERB
cjal-9251	1147	11	significant	significant	ADJ
cjal-9251	1147	12	tax	tax	NOUN
cjal-9251	1147	13	exemptions	exemption	NOUN
cjal-9251	1147	14	to	to	ADP
cjal-9251	1147	15	both	both	DET
cjal-9251	1147	16	gps	gps	PROPN
cjal-9251	1147	17	and	and	CCONJ
cjal-9251	1147	18	lps	lps	PROPN
cjal-9251	1147	19	in	in	ADP
cjal-9251	1147	20	vc	vc	PROPN
cjal-9251	1147	21	funds.3	funds.3	PROPN
cjal-9251	1147	22	27	27	NUM
cjal-9251	1147	23	these	these	DET
cjal-9251	1147	24	tax	tax	NOUN
cjal-9251	1147	25	exemptions	exemption	NOUN
cjal-9251	1147	26	increase	increase	VERB
cjal-9251	1147	27	investment	investment	NOUN
cjal-9251	1147	28	profitability	profitability	NOUN
cjal-9251	1147	29	,	,	PUNCT
cjal-9251	1147	30	thereby	thereby	ADV
cjal-9251	1147	31	encouraging	encourage	VERB
cjal-9251	1147	32	the	the	DET
cjal-9251	1147	33	supply	supply	NOUN
cjal-9251	1147	34	of	of	ADP
cjal-9251	1147	35	the	the	DET
cjal-9251	1147	36	vc	vc	NOUN
cjal-9251	1147	37	to	to	ADP
cjal-9251	1147	38	the	the	DET
cjal-9251	1147	39	industry	industry	NOUN
cjal-9251	1147	40	.	.	PUNCT
cjal-9251	1148	1	various	various	ADJ
cjal-9251	1148	2	forms	form	NOUN
cjal-9251	1148	3	of	of	ADP
cjal-9251	1148	4	tax	tax	NOUN
cjal-9251	1148	5	relief	relief	NOUN
cjal-9251	1148	6	are	be	AUX
cjal-9251	1148	7	also	also	ADV
cjal-9251	1148	8	provided	provide	VERB
cjal-9251	1148	9	to	to	ADP
cjal-9251	1148	10	scientific	scientific	ADJ
cjal-9251	1148	11	parks	park	NOUN
cjal-9251	1148	12	and	and	CCONJ
cjal-9251	1148	13	incubators	incubator	NOUN
cjal-9251	1148	14	to	to	PART
cjal-9251	1148	15	encourage	encourage	VERB
cjal-9251	1148	16	innovation	innovation	NOUN
cjal-9251	1148	17	.	.	PUNCT
cjal-9251	1149	1	however	however	ADV
cjal-9251	1149	2	,	,	PUNCT
cjal-9251	1149	3	it	it	PRON
cjal-9251	1149	4	could	could	AUX
cjal-9251	1149	5	be	be	AUX
cjal-9251	1149	6	difficult	difficult	ADJ
cjal-9251	1149	7	for	for	SCONJ
cjal-9251	1149	8	certain	certain	ADJ
cjal-9251	1149	9	states	state	NOUN
cjal-9251	1149	10	to	to	PART
cjal-9251	1149	11	follow	follow	VERB
cjal-9251	1149	12	china	china	PROPN
cjal-9251	1149	13	's	's	PART
cjal-9251	1149	14	example	example	NOUN
cjal-9251	1149	15	of	of	ADP
cjal-9251	1149	16	greatly	greatly	ADV
cjal-9251	1149	17	reducing	reduce	VERB
cjal-9251	1149	18	tax	tax	NOUN
cjal-9251	1149	19	rates	rate	NOUN
cjal-9251	1149	20	.	.	PUNCT
cjal-9251	1150	1	france	france	PROPN
cjal-9251	1150	2	,	,	PUNCT
cjal-9251	1150	3	for	for	ADP
cjal-9251	1150	4	instance	instance	NOUN
cjal-9251	1150	5	,	,	PUNCT
cjal-9251	1150	6	imposes	impose	VERB
cjal-9251	1150	7	a	a	DET
cjal-9251	1150	8	progressive	progressive	ADJ
cjal-9251	1150	9	income	income	NOUN
cjal-9251	1150	10	and	and	CCONJ
cjal-9251	1150	11	capital	capital	NOUN
cjal-9251	1150	12	gains	gain	NOUN
cjal-9251	1150	13	tax	tax	NOUN
cjal-9251	1150	14	rate	rate	NOUN
cjal-9251	1150	15	up	up	ADP
cjal-9251	1150	16	to	to	PART
cjal-9251	1150	17	45	45	NUM
cjal-9251	1150	18	%	%	NOUN
cjal-9251	1150	19	.	.	PUNCT
cjal-9251	1151	1	328	328	NUM
cjal-9251	1151	2	the	the	DET
cjal-9251	1151	3	high	high	ADJ
cjal-9251	1151	4	tax	tax	NOUN
cjal-9251	1151	5	rates	rate	NOUN
cjal-9251	1151	6	limit	limit	VERB
cjal-9251	1151	7	returns	return	NOUN
cjal-9251	1151	8	to	to	ADP
cjal-9251	1151	9	a	a	DET
cjal-9251	1151	10	successful	successful	ADJ
cjal-9251	1151	11	entrepreneurial	entrepreneurial	ADJ
cjal-9251	1151	12	venture	venture	NOUN
cjal-9251	1151	13	and	and	CCONJ
cjal-9251	1151	14	put	put	VERB
cjal-9251	1151	15	a	a	DET
cjal-9251	1151	16	damper	damper	NOUN
cjal-9251	1151	17	on	on	ADP
cjal-9251	1151	18	vc	vc	PROPN
cjal-9251	1151	19	activity	activity	NOUN
cjal-9251	1151	20	.	.	PUNCT
cjal-9251	1152	1	while	while	SCONJ
cjal-9251	1152	2	individual	individual	ADJ
cjal-9251	1152	3	investors	investor	NOUN
cjal-9251	1152	4	may	may	AUX
cjal-9251	1152	5	claim	claim	VERB
cjal-9251	1152	6	an	an	DET
cjal-9251	1152	7	exemption	exemption	NOUN
cjal-9251	1152	8	from	from	ADP
cjal-9251	1152	9	income	income	NOUN
cjal-9251	1152	10	tax	tax	NOUN
cjal-9251	1152	11	on	on	ADP
cjal-9251	1152	12	investment	investment	NOUN
cjal-9251	1152	13	income	income	NOUN
cjal-9251	1152	14	and	and	CCONJ
cjal-9251	1152	15	capital	capital	NOUN
cjal-9251	1152	16	gains	gain	NOUN
cjal-9251	1152	17	derived	derive	VERB
cjal-9251	1152	18	through	through	ADP
cjal-9251	1152	19	fcpi	fcpi	PROPN
cjal-9251	1152	20	(	(	PUNCT
cjal-9251	1152	21	fonds	fonds	X
cjal-9251	1152	22	communs	communs	X
cjal-9251	1152	23	de	de	X
cjal-9251	1152	24	placements	placement	NOUN
cjal-9251	1152	25	dans	dans	PROPN
cjal-9251	1152	26	i'innouation	i'innouation	PROPN
cjal-9251	1152	27	)	)	PUNCT
cjal-9251	1152	28	,	,	PUNCT
cjal-9251	1152	29	in	in	ADP
cjal-9251	1152	30	order	order	NOUN
cjal-9251	1152	31	to	to	PART
cjal-9251	1152	32	qualify	qualify	VERB
cjal-9251	1152	33	for	for	ADP
cjal-9251	1152	34	these	these	DET
cjal-9251	1152	35	tax	tax	NOUN
cjal-9251	1152	36	exemptions	exemption	NOUN
cjal-9251	1152	37	,	,	PUNCT
cjal-9251	1152	38	they	they	PRON
cjal-9251	1152	39	must	must	AUX
cjal-9251	1152	40	hold	hold	VERB
cjal-9251	1152	41	their	their	PRON
cjal-9251	1152	42	shares	share	NOUN
cjal-9251	1152	43	for	for	ADP
cjal-9251	1152	44	5	5	NUM
cjal-9251	1152	45	years	year	NOUN
cjal-9251	1152	46	,	,	PUNCT
cjal-9251	1152	47	immediately	immediately	ADV
cjal-9251	1152	48	reinvest	reinvest	VERB
cjal-9251	1152	49	all	all	DET
cjal-9251	1152	50	fund	fund	NOUN
cjal-9251	1152	51	distributions	distribution	NOUN
cjal-9251	1152	52	,	,	PUNCT
cjal-9251	1152	53	and	and	CCONJ
cjal-9251	1152	54	hold	hold	VERB
cjal-9251	1152	55	no	no	DET
cjal-9251	1152	56	more	more	ADJ
cjal-9251	1152	57	than	than	ADP
cjal-9251	1152	58	25	25	NUM
cjal-9251	1152	59	%	%	NOUN
cjal-9251	1152	60	of	of	ADP
cjal-9251	1152	61	the	the	DET
cjal-9251	1152	62	portfolio	portfolio	NOUN
cjal-9251	1152	63	company	company	NOUN
cjal-9251	1152	64	's	's	PART
cjal-9251	1152	65	shares	share	NOUN
cjal-9251	1152	66	.	.	PUNCT
cjal-9251	1153	1	329	329	NUM
cjal-9251	1153	2	such	such	ADJ
cjal-9251	1153	3	onerous	onerous	ADJ
cjal-9251	1153	4	exemption	exemption	NOUN
cjal-9251	1153	5	requirements	requirement	NOUN
cjal-9251	1153	6	reduce	reduce	VERB
cjal-9251	1153	7	the	the	DET
cjal-9251	1153	8	effective	effective	ADJ
cjal-9251	1153	9	ness	ness	NOUN
cjal-9251	1153	10	of	of	ADP
cjal-9251	1153	11	the	the	DET
cjal-9251	1153	12	tax	tax	NOUN
cjal-9251	1153	13	policy	policy	NOUN
cjal-9251	1153	14	in	in	ADP
cjal-9251	1153	15	encouraging	encourage	VERB
cjal-9251	1153	16	vc	vc	PROPN
cjal-9251	1153	17	investments	investment	NOUN
cjal-9251	1153	18	.330	.330	NUM
cjal-9251	1153	19	in	in	ADP
cjal-9251	1153	20	contrast	contrast	NOUN
cjal-9251	1153	21	,	,	PUNCT
cjal-9251	1153	22	japanese	japanese	ADJ
cjal-9251	1153	23	tax	tax	NOUN
cjal-9251	1153	24	law	law	NOUN
cjal-9251	1153	25	's	's	PART
cjal-9251	1153	26	hostility	hostility	NOUN
cjal-9251	1153	27	to	to	ADP
cjal-9251	1153	28	the	the	DET
cjal-9251	1153	29	use	use	NOUN
cjal-9251	1153	30	of	of	ADP
cjal-9251	1153	31	equity	equity	NOUN
cjal-9251	1153	32	as	as	ADP
cjal-9251	1153	33	an	an	DET
cjal-9251	1153	34	incentive	incentive	NOUN
cjal-9251	1153	35	means	mean	VERB
cjal-9251	1153	36	that	that	SCONJ
cjal-9251	1153	37	additional	additional	ADJ
cjal-9251	1153	38	cash	cash	NOUN
cjal-9251	1153	39	-	-	PUNCT
cjal-9251	1153	40	flow	flow	NOUN
cjal-9251	1153	41	rights	right	NOUN
cjal-9251	1153	42	can	can	AUX
cjal-9251	1153	43	not	not	PART
cjal-9251	1153	44	be	be	AUX
cjal-9251	1153	45	used	use	VERB
cjal-9251	1153	46	by	by	ADP
cjal-9251	1153	47	venture	venture	NOUN
cjal-9251	1153	48	capitalists	capitalist	NOUN
cjal-9251	1153	49	to	to	PART
cjal-9251	1153	50	encourage	encourage	VERB
cjal-9251	1153	51	entrepreneurs	entrepreneur	NOUN
cjal-9251	1153	52	to	to	PART
cjal-9251	1153	53	give	give	VERB
cjal-9251	1153	54	up	up	ADP
cjal-9251	1153	55	management	management	NOUN
cjal-9251	1153	56	326	326	NUM
cjal-9251	1153	57	see	see	VERB
cjal-9251	1153	58	text	text	NOUN
cjal-9251	1153	59	accompanying	accompanying	ADJ
cjal-9251	1153	60	notes	note	NOUN
cjal-9251	1153	61	239	239	NUM
cjal-9251	1153	62	-	-	SYM
cjal-9251	1153	63	271	271	NUM
cjal-9251	1153	64	,	,	PUNCT
cjal-9251	1153	65	supra	supra	NOUN
cjal-9251	1153	66	.	.	PUNCT
cjal-9251	1154	1	327	327	NUM
cjal-9251	1154	2	see	see	VERB
cjal-9251	1154	3	part	part	NOUN
cjal-9251	1154	4	i.b.5	i.b.5	ADJ
cjal-9251	1154	5	,	,	PUNCT
cjal-9251	1154	6	supra	supra	NOUN
cjal-9251	1154	7	.	.	PUNCT
cjal-9251	1155	1	328	328	NUM
cjal-9251	1155	2	deloitte	deloitte	NOUN
cjal-9251	1155	3	,	,	PUNCT
cjal-9251	1155	4	france	france	PROPN
cjal-9251	1155	5	2016	2016	NUM
cjal-9251	1155	6	highlights	highlight	NOUN
cjal-9251	1155	7	22	22	NUM
cjal-9251	1155	8	(	(	PUNCT
cjal-9251	1155	9	2016	2016	NUM
cjal-9251	1155	10	)	)	PUNCT
cjal-9251	1155	11	,	,	PUNCT
cjal-9251	1155	12	available	available	ADJ
cjal-9251	1155	13	at	at	ADP
cjal-9251	1155	14	http	http	ADJ
cjal-9251	1155	15	:	:	PUNCT
cjal-9251	1155	16	//bit.ly/2t2gges	//bit.ly/2t2gge	NOUN
cjal-9251	1155	17	.	.	PUNCT
cjal-9251	1155	18	329	329	NUM
cjal-9251	1155	19	de	de	X
cjal-9251	1155	20	chert	chert	PROPN
cjal-9251	1155	21	llp	llp	PROPN
cjal-9251	1155	22	,	,	PUNCT
cjal-9251	1155	23	private	private	ADJ
cjal-9251	1155	24	eqibty	eqibty	NOUN
cjal-9251	1155	25	2010	2010	NUM
cjal-9251	1155	26	voltjme	voltjme	NOUN
cjal-9251	1155	27	2	2	NUM
cjal-9251	1155	28	:	:	PUNCT
cjal-9251	1155	29	venture	venture	NOUN
cjal-9251	1155	30	capital	capital	NOUN
cjal-9251	1155	31	:	:	PUNCT
cjal-9251	1155	32	country	country	NOUN
cjal-9251	1155	33	q&a	q&a	PROPN
cjal-9251	1155	34	france	france	PROPN
cjal-9251	1155	35	54	54	NUM
cjal-9251	1155	36	(	(	PUNCT
cjal-9251	1155	37	2010	2010	NUM
cjal-9251	1155	38	)	)	PUNCT
cjal-9251	1155	39	,	,	PUNCT
cjal-9251	1155	40	http://bit.ly/2s3s6x4	http://bit.ly/2s3s6x4	NUM
cjal-9251	1155	41	.	.	PUNCT
cjal-9251	1156	1	s30	s30	PROPN
cjal-9251	1156	2	ann	ann	PROPN
cjal-9251	1156	3	baker	baker	PROPN
cjal-9251	1156	4	et	et	PROPN
cjal-9251	1156	5	al	al	PROPN
cjal-9251	1156	6	,	,	PUNCT
cjal-9251	1156	7	ventu	ventu	ADJ
cjal-9251	1156	8	re	re	NOUN
cjal-9251	1156	9	capital	capital	NOUN
cjal-9251	1156	10	investment	investment	NOUN
cjal-9251	1156	11	in	in	ADP
cjal-9251	1156	12	france	france	PROPN
cjal-9251	1156	13	:	:	PUNCT
cjal-9251	1156	14	market	market	NOUN
cjal-9251	1156	15	and	and	CCONJ
cjal-9251	1156	16	regulatory	regulatory	ADJ
cjal-9251	1156	17	overview	overview	NOUN
cjal-9251	1156	18	,	,	PUNCT
cjal-9251	1156	19	westlaw	westlaw	PROPN
cjal-9251	1156	20	united	united	PROPN
cjal-9251	1156	21	kindom	kindom	PROPN
cjal-9251	1156	22	,	,	PUNCT
cjal-9251	1156	23	http://tmsnrt	http://tmsnrt	PROPN
cjal-9251	1156	24	.rs/2ttcjwj	.rs/2ttcjwj	PROPN
cjal-9251	1156	25	.	.	PUNCT
cjal-9251	1157	1	208	208	NUM
cjal-9251	1157	2	columbia	columbia	PROPN
cjal-9251	1157	3	journal	journal	NOUN
cjal-9251	1157	4	of	of	ADP
cjal-9251	1157	5	asian	asian	ADJ
cjal-9251	1157	6	law	law	NOUN
cjal-9251	1158	1	[	[	X
cjal-9251	1158	2	vol	vol	NOUN
cjal-9251	1158	3	.	.	PUNCT
cjal-9251	1158	4	30	30	NUM
cjal-9251	1158	5	:	:	PUNCT
cjal-9251	1158	6	160	160	NUM
cjal-9251	1158	7	control.331	control.331	NUM
cjal-9251	1158	8	japan	japan	PROPN
cjal-9251	1158	9	's	's	PART
cjal-9251	1158	10	ambiguous	ambiguous	ADJ
cjal-9251	1158	11	and	and	CCONJ
cjal-9251	1158	12	unfriendly	unfriendly	ADJ
cjal-9251	1158	13	tax	tax	NOUN
cjal-9251	1158	14	rules	rule	NOUN
cjal-9251	1158	15	thus	thus	ADV
cjal-9251	1158	16	present	present	VERB
cjal-9251	1158	17	a	a	DET
cjal-9251	1158	18	real	real	ADJ
cjal-9251	1158	19	hindrance	hindrance	NOUN
cjal-9251	1158	20	to	to	ADP
cjal-9251	1158	21	the	the	DET
cjal-9251	1158	22	development	development	NOUN
cjal-9251	1158	23	of	of	ADP
cjal-9251	1158	24	its	its	PRON
cjal-9251	1158	25	vc	vc	PROPN
cjal-9251	1158	26	industry	industry	NOUN
cjal-9251	1158	27	.	.	PUNCT
cjal-9251	1159	1	332	332	NUM
cjal-9251	1159	2	ultimately	ultimately	ADV
cjal-9251	1159	3	,	,	PUNCT
cjal-9251	1159	4	policymakers	policymaker	NOUN
cjal-9251	1159	5	should	should	AUX
cjal-9251	1159	6	strike	strike	VERB
cjal-9251	1159	7	a	a	DET
cjal-9251	1159	8	right	right	ADJ
cjal-9251	1159	9	balance	balance	NOUN
cjal-9251	1159	10	when	when	SCONJ
cjal-9251	1159	11	providing	provide	VERB
cjal-9251	1159	12	tax	tax	NOUN
cjal-9251	1159	13	breaks	break	NOUN
cjal-9251	1159	14	.	.	PUNCT
cjal-9251	1160	1	if	if	SCONJ
cjal-9251	1160	2	a	a	DET
cjal-9251	1160	3	policymaker	policymaker	NOUN
cjal-9251	1160	4	is	be	AUX
cjal-9251	1160	5	of	of	ADP
cjal-9251	1160	6	the	the	DET
cjal-9251	1160	7	view	view	NOUN
cjal-9251	1160	8	that	that	SCONJ
cjal-9251	1160	9	the	the	DET
cjal-9251	1160	10	benefits	benefit	NOUN
cjal-9251	1160	11	of	of	ADP
cjal-9251	1160	12	encouraging	encourage	VERB
cjal-9251	1160	13	vc	vc	PROPN
cjal-9251	1160	14	shall	shall	AUX
cjal-9251	1160	15	outweigh	outweigh	VERB
cjal-9251	1160	16	the	the	DET
cjal-9251	1160	17	potential	potential	ADJ
cjal-9251	1160	18	loss	loss	NOUN
cjal-9251	1160	19	in	in	ADP
cjal-9251	1160	20	tax	tax	NOUN
cjal-9251	1160	21	revenue	revenue	NOUN
cjal-9251	1160	22	,	,	PUNCT
cjal-9251	1160	23	it	it	PRON
cjal-9251	1160	24	may	may	AUX
cjal-9251	1160	25	introduce	introduce	VERB
cjal-9251	1160	26	a	a	DET
cjal-9251	1160	27	more	more	ADV
cjal-9251	1160	28	favorable	favorable	ADJ
cjal-9251	1160	29	tax	tax	NOUN
cjal-9251	1160	30	regime	regime	NOUN
cjal-9251	1160	31	to	to	PART
cjal-9251	1160	32	boost	boost	VERB
cjal-9251	1160	33	the	the	DET
cjal-9251	1160	34	vc	vc	PROPN
cjal-9251	1160	35	sector	sector	NOUN
cjal-9251	1160	36	.	.	PUNCT
cjal-9251	1161	1	however	however	ADV
cjal-9251	1161	2	,	,	PUNCT
cjal-9251	1161	3	excessive	excessive	ADJ
cjal-9251	1161	4	tax	tax	NOUN
cjal-9251	1161	5	incentives	incentive	NOUN
cjal-9251	1161	6	would	would	AUX
cjal-9251	1161	7	distort	distort	VERB
cjal-9251	1161	8	the	the	DET
cjal-9251	1161	9	efficacy	efficacy	NOUN
cjal-9251	1161	10	of	of	ADP
cjal-9251	1161	11	market	market	NOUN
cjal-9251	1161	12	forces	force	NOUN
cjal-9251	1161	13	in	in	ADP
cjal-9251	1161	14	allocating	allocate	VERB
cjal-9251	1161	15	capital	capital	NOUN
cjal-9251	1161	16	and	and	CCONJ
cjal-9251	1161	17	may	may	AUX
cjal-9251	1161	18	allow	allow	VERB
cjal-9251	1161	19	poor	poor	ADJ
cjal-9251	1161	20	performing	perform	VERB
cjal-9251	1161	21	vc	vc	NOUN
cjal-9251	1161	22	firms	firm	NOUN
cjal-9251	1161	23	to	to	PART
cjal-9251	1161	24	survive	survive	VERB
cjal-9251	1161	25	on	on	ADP
cjal-9251	1161	26	tax	tax	NOUN
cjal-9251	1161	27	incentives	incentive	NOUN
cjal-9251	1161	28	and	and	CCONJ
cjal-9251	1161	29	government	government	NOUN
cjal-9251	1161	30	subsidies	subsidy	NOUN
cjal-9251	1161	31	.	.	PUNCT
cjal-9251	1162	1	3	3	X
cjal-9251	1162	2	.	.	X
cjal-9251	1162	3	active	active	ADJ
cjal-9251	1162	4	stock	stock	NOUN
cjal-9251	1162	5	market	market	NOUN
cjal-9251	1162	6	through	through	ADP
cjal-9251	1162	7	the	the	DET
cjal-9251	1162	8	launch	launch	NOUN
cjal-9251	1162	9	of	of	ADP
cjal-9251	1162	10	the	the	DET
cjal-9251	1162	11	national	national	PROPN
cjal-9251	1162	12	otc	otc	PROPN
cjal-9251	1162	13	market	market	NOUN
cjal-9251	1162	14	neeq	neeq	NOUN
cjal-9251	1162	15	and	and	CCONJ
cjal-9251	1162	16	the	the	DET
cjal-9251	1162	17	nasdaq	nasdaq	NOUN
cjal-9251	1162	18	-	-	PUNCT
cjal-9251	1162	19	like	like	ADJ
cjal-9251	1162	20	chinext	chinext	NOUN
cjal-9251	1162	21	board	board	NOUN
cjal-9251	1162	22	with	with	ADP
cjal-9251	1162	23	lowered	lower	VERB
cjal-9251	1162	24	listing	listing	NOUN
cjal-9251	1162	25	requirements	requirement	NOUN
cjal-9251	1162	26	,	,	PUNCT
cjal-9251	1162	27	china	china	PROPN
cjal-9251	1162	28	has	have	AUX
cjal-9251	1162	29	greatly	greatly	ADV
cjal-9251	1162	30	improved	improve	VERB
cjal-9251	1162	31	the	the	DET
cjal-9251	1162	32	ipo	ipo	NOUN
cjal-9251	1162	33	exit	exit	NOUN
cjal-9251	1162	34	options	option	NOUN
cjal-9251	1162	35	for	for	ADP
cjal-9251	1162	36	vc	vc	NOUN
cjal-9251	1162	37	-	-	PUNCT
cjal-9251	1162	38	backed	back	VERB
cjal-9251	1162	39	firms	firm	NOUN
cjal-9251	1162	40	.	.	PUNCT
cjal-9251	1163	1	333	333	NUM
cjal-9251	1163	2	arguably	arguably	ADV
cjal-9251	1163	3	,	,	PUNCT
cjal-9251	1163	4	the	the	DET
cjal-9251	1163	5	establishment	establishment	NOUN
cjal-9251	1163	6	of	of	ADP
cjal-9251	1163	7	sme	sme	ADJ
cjal-9251	1163	8	-	-	PUNCT
cjal-9251	1163	9	specific	specific	ADJ
cjal-9251	1163	10	board	board	NOUN
cjal-9251	1163	11	and	and	CCONJ
cjal-9251	1163	12	the	the	DET
cjal-9251	1163	13	reduction	reduction	NOUN
cjal-9251	1163	14	of	of	ADP
cjal-9251	1163	15	listing	list	VERB
cjal-9251	1163	16	requirements	requirement	NOUN
cjal-9251	1163	17	can	can	AUX
cjal-9251	1163	18	be	be	AUX
cjal-9251	1163	19	copied	copy	VERB
cjal-9251	1163	20	by	by	ADP
cjal-9251	1163	21	other	other	ADJ
cjal-9251	1163	22	stock	stock	NOUN
cjal-9251	1163	23	market	market	NOUN
cjal-9251	1163	24	-	-	PUNCT
cjal-9251	1163	25	centered	center	VERB
cjal-9251	1163	26	countries	country	NOUN
cjal-9251	1163	27	to	to	PART
cjal-9251	1163	28	foster	foster	VERB
cjal-9251	1163	29	vc	vc	PROPN
cjal-9251	1164	1	if	if	SCONJ
cjal-9251	1164	2	those	those	DET
cjal-9251	1164	3	countries	country	NOUN
cjal-9251	1164	4	are	be	AUX
cjal-9251	1164	5	willing	willing	ADJ
cjal-9251	1164	6	to	to	PART
cjal-9251	1164	7	bear	bear	VERB
cjal-9251	1164	8	the	the	DET
cjal-9251	1164	9	high	high	ADJ
cjal-9251	1164	10	legislative	legislative	ADJ
cjal-9251	1164	11	costs	cost	NOUN
cjal-9251	1164	12	.	.	PUNCT
cjal-9251	1165	1	moreover	moreover	ADV
cjal-9251	1165	2	,	,	PUNCT
cjal-9251	1165	3	the	the	DET
cjal-9251	1165	4	effectiveness	effectiveness	NOUN
cjal-9251	1165	5	of	of	ADP
cjal-9251	1165	6	new	new	ADJ
cjal-9251	1165	7	stock	stock	NOUN
cjal-9251	1165	8	exchanges	exchange	NOUN
cjal-9251	1165	9	is	be	AUX
cjal-9251	1165	10	affected	affect	VERB
cjal-9251	1165	11	by	by	ADP
cjal-9251	1165	12	the	the	DET
cjal-9251	1165	13	existing	exist	VERB
cjal-9251	1165	14	structure	structure	NOUN
cjal-9251	1165	15	of	of	ADP
cjal-9251	1165	16	the	the	DET
cjal-9251	1165	17	financial	financial	ADJ
cjal-9251	1165	18	market	market	NOUN
cjal-9251	1165	19	.	.	PUNCT
cjal-9251	1166	1	given	give	VERB
cjal-9251	1166	2	their	their	PRON
cjal-9251	1166	3	longstanding	longstanding	ADJ
cjal-9251	1166	4	and	and	CCONJ
cjal-9251	1166	5	well	well	ADV
cjal-9251	1166	6	-	-	PUNCT
cjal-9251	1166	7	established	establish	VERB
cjal-9251	1166	8	bank	bank	NOUN
cjal-9251	1166	9	-centered	-centere	VERB
cjal-9251	1166	10	systems	system	NOUN
cjal-9251	1166	11	,	,	PUNCT
cjal-9251	1166	12	countries	country	NOUN
cjal-9251	1166	13	like	like	ADP
cjal-9251	1166	14	japan	japan	PROPN
cjal-9251	1166	15	and	and	CCONJ
cjal-9251	1166	16	germany	germany	PROPN
cjal-9251	1166	17	334	334	NUM
cjal-9251	1166	18	may	may	AUX
cjal-9251	1166	19	face	face	VERB
cjal-9251	1166	20	difficulties	difficulty	NOUN
cjal-9251	1166	21	in	in	ADP
cjal-9251	1166	22	attempting	attempt	VERB
cjal-9251	1166	23	to	to	PART
cjal-9251	1166	24	develop	develop	VERB
cjal-9251	1166	25	into	into	ADP
cjal-9251	1166	26	market	market	NOUN
cjal-9251	1166	27	-	-	PUNCT
cjal-9251	1166	28	centered	center	VERB
cjal-9251	1166	29	systems	system	NOUN
cjal-9251	1166	30	without	without	ADP
cjal-9251	1166	31	far	far	ADV
cjal-9251	1166	32	reaching	reach	VERB
cjal-9251	1166	33	reforms	reform	NOUN
cjal-9251	1166	34	.	.	PUNCT
cjal-9251	1167	1	path	path	NOUN
cjal-9251	1167	2	dependency	dependency	NOUN
cjal-9251	1167	3	may	may	AUX
cjal-9251	1167	4	present	present	VERB
cjal-9251	1167	5	a	a	DET
cjal-9251	1167	6	thorny	thorny	ADJ
cjal-9251	1167	7	problem	problem	NOUN
cjal-9251	1167	8	for	for	ADP
cjal-9251	1167	9	institutional	institutional	ADJ
cjal-9251	1167	10	change	change	NOUN
cjal-9251	1167	11	.	.	PUNCT
cjal-9251	1168	1	b.	b.	PROPN
cjal-9251	1168	2	investment	investment	NOUN
cjal-9251	1168	3	vehicle	vehicle	NOUN
cjal-9251	1168	4	the	the	DET
cjal-9251	1168	5	chinese	chinese	PROPN
cjal-9251	1168	6	limited	limited	PROPN
cjal-9251	1168	7	partnership	partnership	NOUN
cjal-9251	1168	8	vehicle	vehicle	NOUN
cjal-9251	1168	9	is	be	AUX
cjal-9251	1168	10	made	make	VERB
cjal-9251	1168	11	available	available	ADJ
cjal-9251	1168	12	for	for	ADP
cjal-9251	1168	13	both	both	CCONJ
cjal-9251	1168	14	domestic	domestic	ADJ
cjal-9251	1168	15	and	and	CCONJ
cjal-9251	1168	16	foreign	foreign	ADJ
cjal-9251	1168	17	investors	investor	NOUN
cjal-9251	1168	18	,	,	PUNCT
cjal-9251	1168	19	and	and	CCONJ
cjal-9251	1168	20	remarkably	remarkably	ADV
cjal-9251	1168	21	provides	provide	VERB
cjal-9251	1168	22	the	the	DET
cjal-9251	1168	23	twin	twin	ADJ
cjal-9251	1168	24	benefits	benefit	NOUN
cjal-9251	1168	25	of	of	ADP
cjal-9251	1168	26	separate	separate	ADJ
cjal-9251	1168	27	legal	legal	ADJ
cjal-9251	1168	28	personality	personality	NOUN
cjal-9251	1168	29	and	and	CCONJ
cjal-9251	1168	30	tax	tax	NOUN
cjal-9251	1168	31	transparent	transparent	ADJ
cjal-9251	1168	32	treatment	treatment	NOUN
cjal-9251	1168	33	at	at	ADP
cjal-9251	1168	34	the	the	DET
cjal-9251	1168	35	entity	entity	NOUN
cjal-9251	1168	36	level.335	level.335	PROPN
cjal-9251	1168	37	331	331	NUM
cjal-9251	1168	38	shishido	shishido	NOUN
cjal-9251	1168	39	,	,	PUNCT
cjal-9251	1168	40	supra	supra	PROPN
cjal-9251	1168	41	note	note	NOUN
cjal-9251	1168	42	4	4	NUM
cjal-9251	1168	43	.	.	X
cjal-9251	1168	44	sweat	sweat	NOUN
cjal-9251	1168	45	equity	equity	NOUN
cjal-9251	1168	46	may	may	AUX
cjal-9251	1168	47	be	be	AUX
cjal-9251	1168	48	challenged	challenge	VERB
cjal-9251	1168	49	by	by	ADP
cjal-9251	1168	50	the	the	DET
cjal-9251	1168	51	japanese	japanese	ADJ
cjal-9251	1168	52	national	national	PROPN
cjal-9251	1168	53	tax	tax	PROPN
cjal-9251	1168	54	agency	agency	NOUN
cjal-9251	1168	55	as	as	ADP
cjal-9251	1168	56	a	a	DET
cjal-9251	1168	57	gift	gift	NOUN
cjal-9251	1168	58	and	and	CCONJ
cjal-9251	1168	59	entrepreneurs	entrepreneur	NOUN
cjal-9251	1168	60	will	will	AUX
cjal-9251	1168	61	have	have	VERB
cjal-9251	1168	62	to	to	PART
cjal-9251	1168	63	pay	pay	VERB
cjal-9251	1168	64	gift	gift	NOUN
cjal-9251	1168	65	tax	tax	NOUN
cjal-9251	1168	66	.	.	PUNCT
cjal-9251	1169	1	332	332	NUM
cjal-9251	1169	2	hajime	hajime	NOUN
cjal-9251	1169	3	tanahashi	tanahashi	VERB
cjal-9251	1169	4	et	et	PROPN
cjal-9251	1169	5	al	al	PROPN
cjal-9251	1169	6	,	,	PUNCT
cjal-9251	1169	7	venture	venture	NOUN
cjal-9251	1169	8	capital	capital	PROPN
cjal-9251	1169	9	financ	financ	PROPN
cjal-9251	1169	10	ing	ing	ADJ
cjal-9251	1169	11	in	in	ADP
cjal-9251	1169	12	jap	jap	PROPN
cjal-9251	1169	13	an	an	X
cjal-9251	1169	14	:	:	PUNCT
cjal-9251	1169	15	a	a	DET
cjal-9251	1169	16	combination	combination	NOUN
cjal-9251	1169	17	of	of	ADP
cjal-9251	1169	18	the	the	DET
cjal-9251	1169	19	familiar	familiar	ADJ
cjal-9251	1169	20	and	and	CCONJ
cjal-9251	1169	21	the	the	DET
cjal-9251	1169	22	unique	unique	ADJ
cjal-9251	1169	23	in	in	ADP
cjal-9251	1169	24	private	private	ADJ
cjal-9251	1169	25	equity	equity	NOUN
cjal-9251	1169	26	2010	2010	NUM
cjal-9251	1169	27	volume	volume	NOUN
cjal-9251	1169	28	2	2	NUM
cjal-9251	1169	29	:	:	PUNCT
cjal-9251	1169	30	vel\"l'ure	vel\"l'ure	NOUN
cjal-9251	1169	31	capital	capital	NOUN
cjal-9251	1169	32	15	15	NUM
cjal-9251	1169	33	,	,	PUNCT
cjal-9251	1169	34	15	15	NUM
cjal-9251	1169	35	(	(	PUNCT
cjal-9251	1169	36	2010	2010	NUM
cjal-9251	1169	37	)	)	PUNCT
cjal-9251	1169	38	,	,	PUNCT
cjal-9251	1169	39	http://bit.ly/2s36xml	http://bit.ly/2s36xml	NOUN
cjal-9251	1169	40	.	.	NOUN
cjal-9251	1169	41	333	333	NUM
cjal-9251	1169	42	lin	lin	PROPN
cjal-9251	1169	43	,	,	PUNCT
cjal-9251	1169	44	supra	supra	PROPN
cjal-9251	1169	45	note	note	PROPN
cjal-9251	1169	46	61	61	NUM
cjal-9251	1169	47	,	,	PUNCT
cjal-9251	1169	48	at	at	ADP
cjal-9251	1169	49	17	17	NUM
cjal-9251	1169	50	.	.	PUNCT
cjal-9251	1170	1	33	33	NUM
cjal-9251	1170	2	-	-	PUNCT
cjal-9251	1170	3	l	l	NOUN
cjal-9251	1170	4	see	see	NOUN
cjal-9251	1170	5	gilson	gilson	PROPN
cjal-9251	1170	6	&	&	CCONJ
cjal-9251	1170	7	black	black	ADJ
cjal-9251	1170	8	,	,	PUNCT
cjal-9251	1170	9	supra	supra	PROPN
cjal-9251	1170	10	note	note	PROPN
cjal-9251	1170	11	37	37	NUM
cjal-9251	1170	12	(	(	PUNCT
cjal-9251	1170	13	discussing	discuss	VERB
cjal-9251	1170	14	the	the	DET
cjal-9251	1170	15	correlation	correlation	NOUN
cjal-9251	1170	16	betwee	betwee	NOUN
cjal-9251	1170	17	n	n	PART
cjal-9251	1170	18	stock	stock	NOUN
cjal-9251	1170	19	mru	mru	PROPN
cjal-9251	1170	20	:	:	PUNCT
cjal-9251	1170	21	ket	ket	NOUN
cjal-9251	1170	22	and	and	CCONJ
cjal-9251	1170	23	vc	vc	PROPN
cjal-9251	1170	24	market	market	NOUN
cjal-9251	1170	25	in	in	ADP
cjal-9251	1170	26	bank	bank	NOUN
cjal-9251	1170	27	-	-	PUNCT
cjal-9251	1170	28	centered	center	VERB
cjal-9251	1170	29	systems	system	NOUN
cjal-9251	1170	30	)	)	PUNCT
cjal-9251	1170	31	.	.	PUNCT
cjal-9251	1171	1	see	see	VERB
cjal-9251	1171	2	also	also	ADV
cjal-9251	1171	3	bernard	bernard	PROPN
cjal-9251	1171	4	s.	s.	PROPN
cjal-9251	1171	5	black	black	PROPN
cjal-9251	1171	6	&	&	CCONJ
cjal-9251	1171	7	ronald	ronald	PROPN
cjal-9251	1171	8	j.	j.	PROPN
cjal-9251	1171	9	gilson	gilson	PROPN
cjal-9251	1171	10	,	,	PUNCT
cjal-9251	1171	11	venture	venture	NOUN
cjal-9251	1171	12	capital	capital	NOUN
cjal-9251	1171	13	and	and	CCONJ
cjal-9251	1171	14	the	the	DET
cjal-9251	1171	15	structure	structure	NOUN
cjal-9251	1171	16	of	of	ADP
cjal-9251	1171	17	capital	capital	PROPN
cjal-9251	1171	18	mark	mark	PROPN
cjal-9251	1171	19	ets	ets	PROPN
cjal-9251	1171	20	:	:	PUNCT
cjal-9251	1171	21	banks	bank	NOUN
cjal-9251	1171	22	versus	versus	ADP
cjal-9251	1171	23	stock	stock	NOUN
cjal-9251	1171	24	markets	market	NOUN
cjal-9251	1171	25	,	,	PUNCT
cjal-9251	1171	26	47	47	NUM
cjal-9251	1171	27	j.	j.	PROPN
cjal-9251	1171	28	fin	fin	PROPN
cjal-9251	1171	29	.	.	PUNCT
cjal-9251	1172	1	econ	econ	PROPN
cjal-9251	1172	2	.	.	PUNCT
cjal-9251	1173	1	243	243	NUM
cjal-9251	1173	2	(	(	PUNCT
cjal-9251	1173	3	1998	1998	NUM
cjal-9251	1173	4	)	)	PUNCT
cjal-9251	1173	5	(	(	PUNCT
cjal-9251	1173	6	same	same	ADJ
cjal-9251	1173	7	)	)	PUNCT
cjal-9251	1173	8	.	.	PUNCT
cjal-9251	1174	1	aa.~	aa.~	NOUN
cjal-9251	1174	2	see	see	VERB
cjal-9251	1174	3	part	part	NOUN
cjal-9251	1174	4	lc	lc	PROPN
cjal-9251	1174	5	,	,	PUNCT
cjal-9251	1174	6	su	su	PROPN
cjal-9251	1174	7	,	,	PUNCT
cjal-9251	1174	8	pm	pm	NOUN
cjal-9251	1174	9	.	.	PUNCT
cjal-9251	1175	1	if	if	SCONJ
cjal-9251	1175	2	a	a	DET
cjal-9251	1175	3	foreigner	foreigner	NOUN
cjal-9251	1175	4	individual	individual	NOUN
cjal-9251	1175	5	or	or	CCONJ
cjal-9251	1175	6	enterprise	enterprise	NOUN
cjal-9251	1175	7	establishes	establish	VERB
cjal-9251	1175	8	a	a	DET
cjal-9251	1175	9	limited	limited	ADJ
cjal-9251	1175	10	partnership	partnership	NOUN
cjal-9251	1175	11	in	in	ADP
cjal-9251	1175	12	china	china	PROPN
cjal-9251	1175	13	,	,	PUNCT
cjal-9251	1175	14	it	it	PRON
cjal-9251	1175	15	is	be	AUX
cjal-9251	1175	16	subject	subject	ADJ
cjal-9251	1175	17	to	to	ADP
cjal-9251	1175	18	additional	additional	ADJ
cjal-9251	1175	19	regulations	regulation	NOUN
cjal-9251	1175	20	including	include	VERB
cjal-9251	1175	21	the	the	DET
cjal-9251	1175	22	provisions	provision	NOUN
cjal-9251	1175	23	on	on	ADP
cjal-9251	1175	24	the	the	DET
cjal-9251	1175	25	registration	registration	NOUN
cjal-9251	1175	26	of	of	ADP
cjal-9251	1175	27	foreign	foreign	NOUN
cjal-9251	1175	28	-	-	PUNCT
cjal-9251	1175	29	funded	fund	VERB
cjal-9251	1175	30	partnership	partnership	NOUN
cjal-9251	1175	31	enterprises	enterprise	NOUN
cjal-9251	1175	32	and	and	CCONJ
cjal-9251	1175	33	the	the	DET
cjal-9251	1175	34	measures	measure	NOUN
cjal-9251	1175	35	for	for	ADP
cjal-9251	1175	36	the	the	DET
cjal-9251	1175	37	formation	formation	NOUN
cjal-9251	1175	38	of	of	ADP
cjal-9251	1175	39	partnership	partnership	NOUN
cjal-9251	1175	40	enterprises	enterprise	NOUN
cjal-9251	1175	41	inside	inside	ADP
cjal-9251	1175	42	china	china	PROPN
cjal-9251	1175	43	by	by	ADP
cjal-9251	1175	44	foreign	foreign	ADJ
cjal-9251	1175	45	enterprises	enterprise	NOUN
cjal-9251	1175	46	or	or	CCONJ
cjal-9251	1175	47	individuals	individual	NOUN
cjal-9251	1175	48	.	.	PUNCT
cjal-9251	1176	1	waishang	waishang	PROPN
cjal-9251	1176	2	touzi	touzi	PROPN
cjal-9251	1176	3	hehuo	hehuo	PROPN
cjal-9251	1176	4	qiye	qiye	AUX
cjal-9251	1176	5	dengji	dengji	VERB
cjal-9251	1176	6	guanli	guanli	PROPN
cjal-9251	1176	7	guiding	guiding	NOUN
cjal-9251	1176	8	(	(	PUNCT
cjal-9251	1176	9	1	1	NUM
cjal-9251	1176	10	~	~	SYM
cjal-9251	1176	11	illit9	illit9	NOUN
cjal-9251	1176	12	:	:	PUNCT
cjal-9251	1176	13	l'it-%tk1e~!'f	l'it-%tk1e~!'f	ADJ
cjal-9251	1176	14	:	:	PUNCT
cjal-9251	1176	15	ic.~ml1i'ue	ic.~ml1i'ue	ADJ
cjal-9251	1176	16	'	'	PUNCT
cjal-9251	1176	17	.	.	PUNCT
cjal-9251	1176	18	)	)	PUNCT
cjal-9251	1177	1	[	[	X
cjal-9251	1177	2	provisions	provision	NOUN
cjal-9251	1177	3	on	on	ADP
cjal-9251	1177	4	the	the	DET
cjal-9251	1177	5	registration	registration	NOUN
cjal-9251	1177	6	of	of	ADP
cjal-9251	1177	7	foreign	foreign	NOUN
cjal-9251	1177	8	-	-	PUNCT
cjal-9251	1177	9	funded	fund	VERB
cjal-9251	1177	10	partnership	partnership	NOUN
cjal-9251	1177	11	enterprises	enterprise	NOUN
cjal-9251	1177	12	]	]	PUNCT
cjal-9251	1177	13	,	,	PUNCT
cjal-9251	1177	14	promulgated	promulgate	VERB
cjal-9251	1177	15	by	by	ADP
cjal-9251	1177	16	state	state	NOUN
cjal-9251	1177	17	administration	administration	NOUN
cjal-9251	1177	18	for	for	ADP
cjal-9251	1177	19	industry	industry	NOUN
cjal-9251	1177	20	and	and	CCONJ
cjal-9251	1177	21	commerce	commerce	PROPN
cjal-9251	1177	22	,	,	PUNCT
cjal-9251	1177	23	jan	jan	PROPN
cjal-9251	1177	24	.	.	PROPN
cjal-9251	1177	25	29	29	NUM
cjal-9251	1177	26	,	,	PUNCT
cjal-9251	1177	27	2010	2010	NUM
cjal-9251	1177	28	,	,	PUNCT
cjal-9251	1177	29	effective	effective	ADJ
cjal-9251	1177	30	mar	mar	PROPN
cjal-9251	1177	31	.	.	PROPN
cjal-9251	1177	32	1	1	NUM
cjal-9251	1177	33	,	,	PUNCT
cjal-9251	1177	34	2010	2010	NUM
cjal-9251	1177	35	)	)	PUNCT
cjal-9251	1177	36	,	,	PUNCT
cjal-9251	1177	37	http://bit.ly/2sdwb1n	http://bit.ly/2sdwb1n	NUM
cjal-9251	1177	38	;	;	PUNCT
cjal-9251	1177	39	waiguo	waiguo	PROPN
cjal-9251	1177	40	qiye	qiye	PROPN
cjal-9251	1177	41	huozhe	huozhe	PROPN
cjal-9251	1177	42	geren	geren	PROPN
cjal-9251	1177	43	zai	zai	PROPN
cjal-9251	1177	44	zhongguo	zhongguo	PROPN
cjal-9251	1177	45	jinei	jinei	PROPN
cjal-9251	1177	46	sheli	sheli	PROPN
cjal-9251	1177	47	hefuo	hefuo	PROPN
cjal-9251	1177	48	qiye	qiye	PROPN
cjal-9251	1177	49	2017	2017	NUM
cjal-9251	1177	50	)	)	PUNCT
cjal-9251	1177	51	engineering	engineer	VERB
cjal-9251	1177	52	a	a	DET
cjal-9251	1177	53	venture	venture	NOUN
cjal-9251	1177	54	capital	capital	NOUN
cjal-9251	1177	55	market	market	NOUN
cjal-9251	1177	56	209	209	NUM
cjal-9251	1177	57	in	in	ADP
cjal-9251	1177	58	taiwan	taiwan	PROPN
cjal-9251	1177	59	,	,	PUNCT
cjal-9251	1177	60	the	the	DET
cjal-9251	1177	61	recently	recently	ADV
cjal-9251	1177	62	introduced	introduce	VERB
cjal-9251	1177	63	limited	limited	ADJ
cjal-9251	1177	64	partnership	partnership	NOUN
cjal-9251	1177	65	is	be	AUX
cjal-9251	1177	66	not	not	PART
cjal-9251	1177	67	seen	see	VERB
cjal-9251	1177	68	as	as	ADP
cjal-9251	1177	69	a	a	DET
cjal-9251	1177	70	viable	viable	ADJ
cjal-9251	1177	71	investment	investment	NOUN
cjal-9251	1177	72	vehicle	vehicle	NOUN
cjal-9251	1177	73	for	for	ADP
cjal-9251	1177	74	venture	venture	NOUN
cjal-9251	1177	75	capitalists	capitalist	NOUN
cjal-9251	1177	76	.	.	PUNCT
cjal-9251	1178	1	the	the	DET
cjal-9251	1178	2	limited	limited	ADJ
cjal-9251	1178	3	partnership	partnership	NOUN
cjal-9251	1178	4	is	be	AUX
cjal-9251	1178	5	taxed	tax	VERB
cjal-9251	1178	6	the	the	DET
cjal-9251	1178	7	same	same	ADJ
cjal-9251	1178	8	way	way	NOUN
cjal-9251	1178	9	as	as	SCONJ
cjal-9251	1178	10	a	a	DET
cjal-9251	1178	11	taiwanese	taiwanese	ADJ
cjal-9251	1178	12	company	company	NOUN
cjal-9251	1178	13	and	and	CCONJ
cjal-9251	1178	14	the	the	DET
cjal-9251	1178	15	lack	lack	NOUN
cjal-9251	1178	16	of	of	ADP
cjal-9251	1178	17	tax	tax	NOUN
cjal-9251	1178	18	transparent	transparent	ADJ
cjal-9251	1178	19	treatment	treatment	NOUN
cjal-9251	1178	20	severely	severely	ADV
cjal-9251	1178	21	limits	limit	VERB
cjal-9251	1178	22	its	its	PRON
cjal-9251	1178	23	functionality.ass	functionality.as	NOUN
cjal-9251	1178	24	in	in	ADP
cjal-9251	1178	25	the	the	DET
cjal-9251	1178	26	u.k	u.k	PROPN
cjal-9251	1178	27	.	.	PROPN
cjal-9251	1178	28	and	and	CCONJ
cjal-9251	1178	29	singapore	singapore	PROPN
cjal-9251	1178	30	,	,	PUNCT
cjal-9251	1178	31	limited	limited	ADJ
cjal-9251	1178	32	partnerships	partnership	NOUN
cjal-9251	1178	33	do	do	AUX
cjal-9251	1178	34	not	not	PART
cjal-9251	1178	35	have	have	VERB
cjal-9251	1178	36	separate	separate	ADJ
cjal-9251	1178	37	legal	legal	ADJ
cjal-9251	1178	38	personality	personality	NOUN
cjal-9251	1178	39	as	as	SCONJ
cjal-9251	1178	40	they	they	PRON
cjal-9251	1178	41	are	be	AUX
cjal-9251	1178	42	based	base	VERB
cjal-9251	1178	43	on	on	ADP
cjal-9251	1178	44	the	the	DET
cjal-9251	1178	45	common	common	ADJ
cjal-9251	1178	46	law	law	NOUN
cjal-9251	1178	47	aggregate	aggregate	NOUN
cjal-9251	1178	48	approach	approach	NOUN
cjal-9251	1178	49	on	on	ADP
cjal-9251	1178	50	partnership	partnership	NOUN
cjal-9251	1178	51	.	.	PUNCT
cjal-9251	1179	1	singapore	singapore	PROPN
cjal-9251	1179	2	's	's	PART
cjal-9251	1179	3	drafter	drafter	NOUN
cjal-9251	1179	4	specifically	specifically	ADV
cjal-9251	1179	5	highlighted	highlight	VERB
cjal-9251	1179	6	the	the	DET
cjal-9251	1179	7	concern	concern	NOUN
cjal-9251	1179	8	that	that	SCONJ
cjal-9251	1179	9	overseas	overseas	ADJ
cjal-9251	1179	10	tax	tax	NOUN
cjal-9251	1179	11	authorities	authority	NOUN
cjal-9251	1179	12	may	may	AUX
cjal-9251	1179	13	treat	treat	VERB
cjal-9251	1179	14	the	the	DET
cjal-9251	1179	15	singapore	singapore	PROPN
cjal-9251	1179	16	limited	limit	VERB
cjal-9251	1179	17	partnership	partnership	NOUN
cjal-9251	1179	18	as	as	ADP
cjal-9251	1179	19	an	an	DET
cjal-9251	1179	20	opaque	opaque	ADJ
cjal-9251	1179	21	entity	entity	NOUN
cjal-9251	1179	22	for	for	ADP
cjal-9251	1179	23	tax	tax	NOUN
cjal-9251	1179	24	purposes	purpose	NOUN
cjal-9251	1179	25	if	if	SCONJ
cjal-9251	1179	26	it	it	PRON
cjal-9251	1179	27	has	have	VERB
cjal-9251	1179	28	a	a	DET
cjal-9251	1179	29	separate	separate	ADJ
cjal-9251	1179	30	legal	legal	ADJ
cjal-9251	1179	31	personality	personality	NOUN
cjal-9251	1179	32	.	.	PUNCT
cjal-9251	1180	1	in	in	ADP
cjal-9251	1180	2	turn	turn	NOUN
cjal-9251	1180	3	,	,	PUNCT
cjal-9251	1180	4	this	this	PRON
cjal-9251	1180	5	would	would	AUX
cjal-9251	1180	6	affect	affect	VERB
cjal-9251	1180	7	the	the	DET
cjal-9251	1180	8	adoption	adoption	NOUN
cjal-9251	1180	9	rate	rate	NOUN
cjal-9251	1180	10	of	of	ADP
cjal-9251	1180	11	the	the	DET
cjal-9251	1180	12	limited	limited	ADJ
cjal-9251	1180	13	partnership	partnership	NOUN
cjal-9251	1180	14	in	in	ADP
cjal-9251	1180	15	singapore	singapore	PROPN
cjal-9251	1180	16	.	.	PUNCT
cjal-9251	1181	1	337	337	NUM
cjal-9251	1181	2	however	however	ADV
cjal-9251	1181	3	,	,	PUNCT
cjal-9251	1181	4	the	the	DET
cjal-9251	1181	5	tax	tax	NOUN
cjal-9251	1181	6	transparency	transparency	NOUN
cjal-9251	1181	7	benefit	benefit	NOUN
cjal-9251	1181	8	arguably	arguably	ADV
cjal-9251	1181	9	does	do	AUX
cjal-9251	1181	10	not	not	PART
cjal-9251	1181	11	need	need	VERB
cjal-9251	1181	12	to	to	PART
cjal-9251	1181	13	be	be	AUX
cjal-9251	1181	14	inevitably	inevitably	ADV
cjal-9251	1181	15	intertwined	intertwine	VERB
cjal-9251	1181	16	with	with	ADP
cjal-9251	1181	17	the	the	DET
cjal-9251	1181	18	absence	absence	NOUN
cjal-9251	1181	19	of	of	ADP
cjal-9251	1181	20	separate	separate	ADJ
cjal-9251	1181	21	legal	legal	ADJ
cjal-9251	1181	22	personality	personality	NOUN
cjal-9251	1181	23	.	.	PUNCT
cjal-9251	1182	1	the	the	DET
cjal-9251	1182	2	entity	entity	NOUN
cjal-9251	1182	3	approach	approach	NOUN
cjal-9251	1182	4	will	will	AUX
cjal-9251	1182	5	ensure	ensure	VERB
cjal-9251	1182	6	the	the	DET
cjal-9251	1182	7	continuity	continuity	NOUN
cjal-9251	1182	8	of	of	ADP
cjal-9251	1182	9	partnerships	partnership	NOUN
cjal-9251	1182	10	by	by	ADP
cjal-9251	1182	11	conferring	confer	VERB
cjal-9251	1182	12	perpetual	perpetual	ADJ
cjal-9251	1182	13	succession	succession	NOUN
cjal-9251	1182	14	and	and	CCONJ
cjal-9251	1182	15	providing	provide	VERB
cjal-9251	1182	16	a	a	DET
cjal-9251	1182	17	more	more	ADV
cjal-9251	1182	18	ideal	ideal	ADJ
cjal-9251	1182	19	business	business	NOUN
cjal-9251	1182	20	vehicle	vehicle	NOUN
cjal-9251	1182	21	for	for	ADP
cjal-9251	1182	22	investors	investor	NOUN
cjal-9251	1182	23	.	.	PUNCT
cjal-9251	1183	1	338	338	NUM
cjal-9251	1183	2	india	india	PROPN
cjal-9251	1183	3	,	,	PUNCT
cjal-9251	1183	4	on	on	ADP
cjal-9251	1183	5	the	the	DET
cjal-9251	1183	6	other	other	ADJ
cjal-9251	1183	7	hand	hand	NOUN
cjal-9251	1183	8	,	,	PUNCT
cjal-9251	1183	9	has	have	VERB
cjal-9251	1183	10	no	no	DET
cjal-9251	1183	11	limited	limited	ADJ
cjal-9251	1183	12	partnership	partnership	NOUN
cjal-9251	1183	13	and	and	CCONJ
cjal-9251	1183	14	vc	vc	PROPN
cjal-9251	1183	15	funds	fund	NOUN
cjal-9251	1183	16	largely	largely	ADV
cjal-9251	1183	17	rely	rely	VERB
cjal-9251	1183	18	on	on	ADP
cjal-9251	1183	19	the	the	DET
cjal-9251	1183	20	trust	trust	NOUN
cjal-9251	1183	21	structure	structure	NOUN
cjal-9251	1183	22	.	.	PUNCT
cjal-9251	1184	1	investors	investor	NOUN
cjal-9251	1184	2	become	become	VERB
cjal-9251	1184	3	trust	trust	NOUN
cjal-9251	1184	4	beneficiaries	beneficiary	NOUN
cjal-9251	1184	5	and	and	CCONJ
cjal-9251	1184	6	contractually	contractually	ADV
cjal-9251	1184	7	retain	retain	VERB
cjal-9251	1184	8	the	the	DET
cjal-9251	1184	9	ability	ability	NOUN
cjal-9251	1184	10	to	to	PART
cjal-9251	1184	11	exercise	exercise	VERB
cjal-9251	1184	12	restricted	restrict	VERB
cjal-9251	1184	13	passive	passive	ADJ
cjal-9251	1184	14	control	control	NOUN
cjal-9251	1184	15	over	over	ADP
cjal-9251	1184	16	the	the	DET
cjal-9251	1184	17	gp	gp	NOUN
cjal-9251	1184	18	's	's	PART
cjal-9251	1184	19	investment	investment	NOUN
cjal-9251	1184	20	decisions	decision	NOUN
cjal-9251	1184	21	via	via	ADP
cjal-9251	1184	22	the	the	DET
cjal-9251	1184	23	contribution	contribution	NOUN
cjal-9251	1184	24	agreement.3	agreement.3	ADP
cjal-9251	1184	25	39	39	NUM
cjal-9251	1184	26	the	the	DET
cjal-9251	1184	27	trust	trust	NOUN
cjal-9251	1184	28	offers	offer	VERB
cjal-9251	1184	29	organizational	organizational	ADJ
cjal-9251	1184	30	flexibility	flexibility	NOUN
cjal-9251	1184	31	,	,	PUNCT
cjal-9251	1184	32	limited	limited	ADJ
cjal-9251	1184	33	liability	liability	NOUN
cjal-9251	1184	34	for	for	ADP
cjal-9251	1184	35	investors	investor	NOUN
cjal-9251	1184	36	,	,	PUNCT
cjal-9251	1184	37	and	and	CCONJ
cjal-9251	1184	38	tax	tax	NOUN
cjal-9251	1184	39	transparency	transparency	NOUN
cjal-9251	1184	40	.	.	PUNCT
cjal-9251	1185	1	340	340	NUM
cjal-9251	1185	2	however	however	ADV
cjal-9251	1185	3	,	,	PUNCT
cjal-9251	1185	4	notwithstanding	notwithstanding	ADP
cjal-9251	1185	5	the	the	DET
cjal-9251	1185	6	indian	indian	PROPN
cjal-9251	1185	7	trust	trust	PROPN
cjal-9251	1185	8	's	's	PART
cjal-9251	1185	9	ability	ability	NOUN
cjal-9251	1185	10	to	to	PART
cjal-9251	1185	11	reasonably	reasonably	ADV
cjal-9251	1185	12	govern	govern	VERB
cjal-9251	1185	13	the	the	DET
cjal-9251	1185	14	investment	investment	NOUN
cjal-9251	1185	15	relations	relation	NOUN
cjal-9251	1185	16	between	between	ADP
cjal-9251	1185	17	the	the	DET
cjal-9251	1185	18	managers	manager	NOUN
cjal-9251	1185	19	and	and	CCONJ
cjal-9251	1185	20	investors	investor	NOUN
cjal-9251	1185	21	,	,	PUNCT
cjal-9251	1185	22	the	the	DET
cjal-9251	1185	23	trust	trust	NOUN
cjal-9251	1185	24	's	's	PART
cjal-9251	1185	25	lack	lack	NOUN
cjal-9251	1185	26	of	of	ADP
cjal-9251	1185	27	separate	separate	ADJ
cjal-9251	1185	28	legal	legal	ADJ
cjal-9251	1185	29	personality	personality	NOUN
cjal-9251	1185	30	remains	remain	VERB
cjal-9251	1185	31	a	a	DET
cjal-9251	1185	32	drawback	drawback	NOUN
cjal-9251	1185	33	.	.	PUNCT
cjal-9251	1186	1	arguably	arguably	ADV
cjal-9251	1186	2	,	,	PUNCT
cjal-9251	1186	3	if	if	SCONJ
cjal-9251	1186	4	the	the	DET
cjal-9251	1186	5	jurisdiction	jurisdiction	NOUN
cjal-9251	1186	6	has	have	AUX
cjal-9251	1186	7	preexisting	preexist	VERB
cjal-9251	1186	8	business	business	NOUN
cjal-9251	1186	9	forms	form	NOUN
cjal-9251	1186	10	that	that	PRON
cjal-9251	1186	11	are	be	AUX
cjal-9251	1186	12	functionally	functionally	ADV
cjal-9251	1186	13	similar	similar	ADJ
cjal-9251	1186	14	to	to	ADP
cjal-9251	1186	15	the	the	DET
cjal-9251	1186	16	limited	limited	ADJ
cjal-9251	1186	17	partnership	partnership	NOUN
cjal-9251	1186	18	,	,	PUNCT
cjal-9251	1186	19	there	there	PRON
cjal-9251	1186	20	is	be	VERB
cjal-9251	1186	21	then	then	ADV
cjal-9251	1186	22	less	less	ADV
cjal-9251	1186	23	pressing	pressing	ADJ
cjal-9251	1186	24	need	need	NOUN
cjal-9251	1186	25	to	to	PART
cjal-9251	1186	26	enact	enact	VERB
cjal-9251	1186	27	limited	limited	ADJ
cjal-9251	1186	28	partnership	partnership	NOUN
cjal-9251	1186	29	legislation	legislation	NOUN
cjal-9251	1186	30	.	.	PUNCT
cjal-9251	1187	1	moreover	moreover	ADV
cjal-9251	1187	2	,	,	PUNCT
cjal-9251	1187	3	if	if	SCONJ
cjal-9251	1187	4	governments	government	NOUN
cjal-9251	1187	5	wish	wish	VERB
cjal-9251	1187	6	to	to	PART
cjal-9251	1187	7	introduce	introduce	VERB
cjal-9251	1187	8	the	the	DET
cjal-9251	1187	9	limited	limited	ADJ
cjal-9251	1187	10	partnership	partnership	NOUN
cjal-9251	1187	11	,	,	PUNCT
cjal-9251	1187	12	they	they	PRON
cjal-9251	1187	13	must	must	AUX
cjal-9251	1187	14	be	be	AUX
cjal-9251	1187	15	willing	willing	ADJ
cjal-9251	1187	16	to	to	PART
cjal-9251	1187	17	provide	provide	VERB
cjal-9251	1187	18	the	the	DET
cjal-9251	1187	19	vehicle	vehicle	NOUN
cjal-9251	1187	20	with	with	ADP
cjal-9251	1187	21	sufficient	sufficient	ADJ
cjal-9251	1187	22	benefits	benefit	NOUN
cjal-9251	1187	23	and	and	CCONJ
cjal-9251	1187	24	attributes	attribute	NOUN
cjal-9251	1187	25	to	to	PART
cjal-9251	1187	26	meet	meet	VERB
cjal-9251	1187	27	the	the	DET
cjal-9251	1187	28	business	business	NOUN
cjal-9251	1187	29	needs	need	NOUN
cjal-9251	1187	30	of	of	ADP
cjal-9251	1187	31	potential	potential	ADJ
cjal-9251	1187	32	users	user	NOUN
cjal-9251	1187	33	;	;	PUNCT
cjal-9251	1187	34	failure	failure	NOUN
cjal-9251	1187	35	to	to	PART
cjal-9251	1187	36	do	do	AUX
cjal-9251	1187	37	so	so	ADV
cjal-9251	1187	38	will	will	AUX
cjal-9251	1187	39	result	result	VERB
cjal-9251	1187	40	in	in	ADP
cjal-9251	1187	41	waste	waste	NOUN
cjal-9251	1187	42	of	of	ADP
cjal-9251	1187	43	legislative	legislative	ADJ
cjal-9251	1187	44	resources	resource	NOUN
cjal-9251	1187	45	.	.	PUNCT
cjal-9251	1188	1	guanli	guanli	PROPN
cjal-9251	1188	2	banfa	banfa	PROPN
cjal-9251	1188	3	(:	(:	PROPN
cjal-9251	1188	4	yr	yr	PROPN
cjal-9251	1188	5	ii	ii	PROPN
cjal-9251	1188	6	:	:	PUNCT
cjal-9251	1188	7	lj	lj	PROPN
cjal-9251	1188	8	'	'	PUNCT
cjal-9251	1188	9	:	:	PUNCT
cjal-9251	1188	10	~§.it~	~§.it~	PUNCT
cjal-9251	1188	11	·	·	PUNCT
cjal-9251	1188	12	1.a	1.a	NUM
cjal-9251	1188	13	.	.	PUNCT
cjal-9251	1189	1	te	te	PROPN
cjal-9251	1189	2	rfi	rfi	PROPN
cjal-9251	1189	3	00	00	PUNCT
cjal-9251	1190	1	it	it	PRON
cjal-9251	1190	2	p'i	p'i	VERB
cjal-9251	1190	3	ii	ii	PROPN
cjal-9251	1190	4	.ll	.ll	PUNCT
cjal-9251	1191	1	.g	.g	PROPN
cjal-9251	1191	2	.	.	PUNCT
cjal-9251	1191	3	!	!	PUNCT
cjal-9251	1192	1	:	:	PUNCT
cjal-9251	1192	2	le	le	X
cjal-9251	1192	3	:	:	PUNCT
cjal-9251	1192	4	lj	lj	PROPN
cjal-9251	1192	5	'	'	PUNCT
cjal-9251	1192	6	:	:	PUNCT
cjal-9251	1193	1	j	j	PROPN
cjal-9251	1193	2	!	!	PUNCT
cjal-9251	1193	3	:	:	PUNCT
cjal-9251	1193	4	mt	mt	PROPN
cjal-9251	1193	5	)	)	PUNCT
cjal-9251	1194	1	[	[	X
cjal-9251	1194	2	measures	measure	NOUN
cjal-9251	1194	3	for	for	ADP
cjal-9251	1194	4	the	the	DET
cjal-9251	1194	5	formation	formation	NOUN
cjal-9251	1194	6	of	of	ADP
cjal-9251	1194	7	partnership	partnership	NOUN
cjal-9251	1194	8	enterprises	enterprise	NOUN
cjal-9251	1194	9	inside	inside	ADP
cjal-9251	1194	10	china	china	PROPN
cjal-9251	1194	11	by	by	ADP
cjal-9251	1194	12	foreign	foreign	ADJ
cjal-9251	1194	13	enterprises	enterprise	NOUN
cjal-9251	1194	14	or	or	CCONJ
cjal-9251	1194	15	individuals	individual	NOUN
cjal-9251	1194	16	]	]	PUNCT
cjal-9251	1194	17	,	,	PUNCT
cjal-9251	1194	18	(	(	PUNCT
cjal-9251	1194	19	promulgated	promulgate	VERB
cjal-9251	1194	20	by	by	ADP
cjal-9251	1194	21	the	the	DET
cjal-9251	1194	22	state	state	PROPN
cjal-9251	1194	23	council	council	PROPN
cjal-9251	1194	24	,	,	PUNCT
cjal-9251	1194	25	aug	aug	PROPN
cjal-9251	1194	26	.	.	PROPN
cjal-9251	1194	27	19	19	NUM
cjal-9251	1194	28	,	,	PUNCT
cjal-9251	1194	29	2009	2009	NUM
cjal-9251	1194	30	,	,	PUNCT
cjal-9251	1194	31	effective	effective	ADJ
cjal-9251	1194	32	mar	mar	PROPN
cjal-9251	1194	33	.	.	PROPN
cjal-9251	1194	34	1	1	NUM
cjal-9251	1194	35	,	,	PUNCT
cjal-9251	1194	36	2010	2010	NUM
cjal-9251	1194	37	)	)	PUNCT
cjal-9251	1194	38	,	,	PUNCT
cjal-9251	1194	39	http	http	NOUN
cjal-9251	1194	40	:	:	PUNCT
cjal-9251	1194	41	//bit.ly/2ss0c77	//bit.ly/2ss0c77	X
cjal-9251	1194	42	.	.	PUNCT
cjal-9251	1195	1	3;j6	3;j6	NUM
cjal-9251	1195	2	cheryl	cheryl	PROPN
cjal-9251	1195	3	h.l	h.l	PROPN
cjal-9251	1195	4	.	.	PROPN
cjal-9251	1195	5	hsieh	hsieh	PROPN
cjal-9251	1195	6	,	,	PUNCT
cjal-9251	1195	7	m&a	m&a	PROPN
cjal-9251	1195	8	alert	alert	NOUN
cjal-9251	1195	9	:	:	PUNCT
cjal-9251	1195	10	introduction	introduction	NOUN
cjal-9251	1195	11	of	of	ADP
cjal-9251	1195	12	the	the	DET
cjal-9251	1195	13	taiwan	taiwan	PROPN
cjal-9251	1195	14	limited	limited	PROPN
cjal-9251	1195	15	partnership	partnership	PROPN
cjal-9251	1195	16	act	act	PROPN
cjal-9251	1195	17	,	,	PUNCT
cjal-9251	1195	18	k&l	k&l	PROPN
cjal-9251	1195	19	gates	gate	NOUN
cjal-9251	1195	20	(	(	PUNCT
cjal-9251	1195	21	j	j	PROPN
cjal-9251	1195	22	uly	uly	PROPN
cjal-9251	1195	23	27	27	NUM
cjal-9251	1195	24	,	,	PUNCT
cjal-9251	1195	25	2015	2015	NUM
cjal-9251	1195	26	)	)	PUNCT
cjal-9251	1195	27	,	,	PUNCT
cjal-9251	1195	28	http://bit.ly	http://bit.ly	PRON
cjal-9251	1195	29	/2ss8vdb	/2ss8vdb	PUNCT
cjal-9251	1195	30	.	.	PUNCT
cjal-9251	1196	1	:	:	PUNCT
cjal-9251	1196	2	m	m	VERB
cjal-9251	1196	3	government	government	NOUN
cjal-9251	1196	4	of	of	ADP
cjal-9251	1196	5	singapore	singapore	PROPN
cjal-9251	1196	6	,	,	PUNCT
cjal-9251	1196	7	study	study	NOUN
cjal-9251	1196	8	team	team	NOUN
cjal-9251	1196	9	on	on	ADP
cjal-9251	1196	10	limited	limited	ADJ
cjal-9251	1196	11	partnerships	partnership	NOUN
cjal-9251	1196	12	and	and	CCONJ
cjal-9251	1196	13	limited	limited	ADJ
cjal-9251	1196	14	liability	liability	NOUN
cjal-9251	1196	15	partnerships	partnership	NOUN
cjal-9251	1196	16	,	,	PUNCT
cjal-9251	1196	17	supra	supra	ADJ
cjal-9251	1196	18	note	note	NOUN
cjal-9251	1196	19	286	286	NUM
cjal-9251	1196	20	,	,	PUNCT
cjal-9251	1196	21	at	at	ADP
cjal-9251	1196	22	paras	para	NOUN
cjal-9251	1196	23	.	.	PUNCT
cjal-9251	1197	1	7.1.5	7.1.5	NUM
cjal-9251	1197	2	-7.1.7	-7.1.7	PROPN
cjal-9251	1197	3	.	.	PUNCT
cjal-9251	1198	1	338	338	NUM
cjal-9251	1198	2	the	the	DET
cjal-9251	1198	3	u.k	u.k	PROPN
cjal-9251	1198	4	.	.	PROPN
cjal-9251	1198	5	has	have	AUX
cjal-9251	1198	6	considered	consider	VERB
cjal-9251	1198	7	changing	change	VERB
cjal-9251	1198	8	the	the	DET
cjal-9251	1198	9	aggregate	aggregate	ADJ
cjal-9251	1198	10	approach	approach	NOUN
cjal-9251	1198	11	to	to	ADP
cjal-9251	1198	12	the	the	DET
cjal-9251	1198	13	entity	entity	NOUN
cjal-9251	1198	14	approach	approach	NOUN
cjal-9251	1198	15	on	on	ADP
cjal-9251	1198	16	partn	partn	ADJ
cjal-9251	1198	17	erships	ership	NOUN
cjal-9251	1198	18	.	.	PUNCT
cjal-9251	1199	1	see	see	VERB
cjal-9251	1199	2	law	law	NOUN
cjal-9251	1199	3	commission	commission	PROPN
cjal-9251	1199	4	&	&	CCONJ
cjal-9251	1199	5	scottish	scottish	PROPN
cjal-9251	1199	6	law	law	PROPN
cjal-9251	1199	7	commission	commission	PROPN
cjal-9251	1199	8	,	,	PUNCT
cjal-9251	1199	9	partnership	partnership	NOUN
cjal-9251	1199	10	law	law	NOUN
cjal-9251	1199	11	:	:	PUNCT
cjal-9251	1199	12	report	report	NOUN
cjal-9251	1199	13	on	on	ADP
cjal-9251	1199	14	a	a	DET
cjal-9251	1199	15	reference	reference	NOUN
cjal-9251	1199	16	under	under	ADP
cjal-9251	1199	17	section	section	NOUN
cjal-9251	1199	18	3(1)(e	3(1)(e	ADJ
cjal-9251	1199	19	)	)	PUNCT
cjal-9251	1199	20	of	of	ADP
cjal-9251	1199	21	the	the	DET
cjal-9251	1199	22	law	law	NOUN
cjal-9251	1199	23	commissions	commission	NOUN
cjal-9251	1199	24	act	act	VERB
cjal-9251	1199	25	1965	1965	NUM
cjal-9251	1199	26	(	(	PUNCT
cjal-9251	1199	27	2003	2003	NUM
cjal-9251	1199	28	)	)	PUNCT
cjal-9251	1199	29	,	,	PUNCT
cjal-9251	1199	30	http://bit.ly/2s34yid	http://bit.ly/2s34yid	NOUN
cjal-9251	1199	31	.	.	PUNCT
cjal-9251	1199	32	339	339	NUM
cjal-9251	1199	33	see	see	VERB
cjal-9251	1199	34	purvi	purvi	PROPN
cjal-9251	1199	35	kapadia	kapadia	PROPN
cjal-9251	1199	36	&	&	CCONJ
cjal-9251	1199	37	poorvi	poorvi	PROPN
cjal-9251	1199	38	sanjanwala	sanjanwala	PROPN
cjal-9251	1199	39	,	,	PUNCT
cjal-9251	1199	40	venture	venture	NOUN
cjal-9251	1199	41	capital	capital	NOUN
cjal-9251	1199	42	investment	investment	NOUN
cjal-9251	1199	43	in	in	ADP
cjal-9251	1199	44	_	_	PROPN
cjal-9251	1199	45	india	india	PROPN
cjal-9251	1199	46	:	:	PUNCT
cjal-9251	1199	47	market	market	NOUN
cjal-9251	1199	48	and	and	CCONJ
cjal-9251	1199	49	regulatory	regulatory	ADJ
cjal-9251	1199	50	overview	overview	NOUN
cjal-9251	1199	51	,	,	PUNCT
cjal-9251	1199	52	thomsen	thomsen	PROPN
cjal-9251	1199	53	reuters	reuters	PROPN
cjal-9251	1199	54	practical	practical	ADJ
cjal-9251	1199	55	law	law	NOUN
cjal-9251	1199	56	(	(	PUNCT
cjal-9251	1199	57	2013	2013	NUM
cjal-9251	1199	58	)	)	PUNCT
cjal-9251	1199	59	,	,	PUNCT
cjal-9251	1199	60	http	http	NOUN
cjal-9251	1199	61	:	:	PUNCT
cjal-9251	1200	1	//tms	//tms	PROPN
cjal-9251	1200	2	nrt.rs	nrt.rs	PROPN
cjal-9251	1200	3	/2w	/2w	X
cjal-9251	1200	4	bm0um	bm0um	PROPN
cjal-9251	1200	5	(	(	PUNCT
cjal-9251	1200	6	last	last	ADJ
cjal-9251	1200	7	visited	visit	VERB
cjal-9251	1200	8	aug	aug	PROPN
cjal-9251	1200	9	.	.	PROPN
cjal-9251	1200	10	19	19	NUM
cjal-9251	1200	11	,	,	PUNCT
cjal-9251	1200	12	2017	2017	NUM
cjal-9251	1200	13	)	)	PUNCT
cjal-9251	1200	14	.	.	PUNCT
cjal-9251	1201	1	3	3	NUM
cjal-9251	1201	2	-	-	SYM
cjal-9251	1201	3	10	10	NUM
cjal-9251	1201	4	nisnith	nisnith	ADP
cjal-9251	1201	5	desai	desai	PROPN
cjal-9251	1201	6	associates	associates	PROPN
cjal-9251	1201	7	,	,	PUNCT
cjal-9251	1201	8	india	india	PROPN
cjal-9251	1201	9	,	,	PUNCT
cjal-9251	1201	10	in	in	ADP
cjal-9251	1201	11	private	private	ADJ
cjal-9251	1201	12	equity	equity	NOUN
cjal-9251	1201	13	209	209	NUM
cjal-9251	1201	14	,	,	PUNCT
cjal-9251	1201	15	210	210	NUM
cjal-9251	1201	16	(	(	PUNCT
cjal-9251	1201	17	charles	charles	PROPN
cjal-9251	1201	18	martin	martin	PROPN
cjal-9251	1201	19	ed	ed	PROPN
cjal-9251	1201	20	.	.	PROPN
cjal-9251	1201	21	,	,	PUNCT
cjal-9251	1201	22	2010	2010	NUM
cjal-9251	1201	23	)	)	PUNCT
cjal-9251	1201	24	.	.	PUNCT
cjal-9251	1202	1	210	210	NUM
cjal-9251	1202	2	columbia	columbia	PROPN
cjal-9251	1202	3	journal	journal	NOUN
cjal-9251	1202	4	of	of	ADP
cjal-9251	1202	5	a	a	DET
cjal-9251	1202	6	sian	sian	ADJ
cjal-9251	1202	7	law	law	NOUN
cjal-9251	1203	1	[	[	X
cjal-9251	1203	2	vol	vol	NOUN
cjal-9251	1203	3	.	.	PUNCT
cjal-9251	1203	4	30	30	NUM
cjal-9251	1203	5	:	:	SYM
cjal-9251	1203	6	160	160	NUM
cjal-9251	1203	7	c.	c.	NOUN
cjal-9251	1203	8	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1203	9	to	to	PART
cjal-9251	1203	10	encourage	encourage	VERB
cjal-9251	1203	11	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1203	12	,	,	PUNCT
cjal-9251	1203	13	china	china	PROPN
cjal-9251	1203	14	engaged	engage	VERB
cjal-9251	1203	15	in	in	ADP
cjal-9251	1203	16	a	a	DET
cjal-9251	1203	17	series	series	NOUN
cjal-9251	1203	18	of	of	ADP
cjal-9251	1203	19	entrepreneur	entrepreneur	NOUN
cjal-9251	1203	20	-	-	ADJ
cjal-9251	1203	21	friendly	friendly	ADJ
cjal-9251	1203	22	company	company	NOUN
cjal-9251	1203	23	law	law	NOUN
cjal-9251	1203	24	reforms	reform	NOUN
cjal-9251	1203	25	.	.	PUNCT
cjal-9251	1204	1	341	341	NUM
cjal-9251	1204	2	these	these	DET
cjal-9251	1204	3	reforms	reform	NOUN
cjal-9251	1204	4	can	can	AUX
cjal-9251	1204	5	be	be	AUX
cjal-9251	1204	6	easily	easily	ADV
cjal-9251	1204	7	learned	learn	VERB
cjal-9251	1204	8	by	by	ADP
cjal-9251	1204	9	other	other	ADJ
cjal-9251	1204	10	jurisdictions	jurisdiction	NOUN
cjal-9251	1204	11	.	.	PUNCT
cjal-9251	1205	1	taiwan	taiwan	PROPN
cjal-9251	1205	2	,	,	PUNCT
cjal-9251	1205	3	for	for	ADP
cjal-9251	1205	4	example	example	NOUN
cjal-9251	1205	5	,	,	PUNCT
cjal-9251	1205	6	is	be	AUX
cjal-9251	1205	7	also	also	ADV
cjal-9251	1205	8	currently	currently	ADV
cjal-9251	1205	9	undergoing	undergo	VERB
cjal-9251	1205	10	company	company	NOUN
cjal-9251	1205	11	law	law	NOUN
cjal-9251	1205	12	reform	reform	NOUN
cjal-9251	1205	13	to	to	PART
cjal-9251	1205	14	streamline	streamline	VERB
cjal-9251	1205	15	the	the	DET
cjal-9251	1205	16	business	business	NOUN
cjal-9251	1205	17	incorporation	incorporation	NOUN
cjal-9251	1205	18	and	and	CCONJ
cjal-9251	1205	19	operation	operation	NOUN
cjal-9251	1205	20	process	process	NOUN
cjal-9251	1205	21	.	.	PUNCT
cjal-9251	1206	1	342	342	NUM
cjal-9251	1206	2	china	china	PROPN
cjal-9251	1206	3	also	also	ADV
cjal-9251	1206	4	provided	provide	VERB
cjal-9251	1206	5	numerous	numerous	ADJ
cjal-9251	1206	6	policy	policy	NOUN
cjal-9251	1206	7	incentives	incentive	NOUN
cjal-9251	1206	8	and	and	CCONJ
cjal-9251	1206	9	tax	tax	NOUN
cjal-9251	1206	10	reliefs	relief	NOUN
cjal-9251	1206	11	to	to	PART
cjal-9251	1206	12	improve	improve	VERB
cjal-9251	1206	13	innovation	innovation	NOUN
cjal-9251	1206	14	,	,	PUNCT
cjal-9251	1206	15	legislative	legislative	ADJ
cjal-9251	1206	16	and	and	CCONJ
cjal-9251	1206	17	institutional	institutional	ADJ
cjal-9251	1206	18	infrastructure	infrastructure	NOUN
cjal-9251	1206	19	for	for	ADP
cjal-9251	1206	20	the	the	DET
cjal-9251	1206	21	vc	vc	PROPN
cjal-9251	1206	22	industry.s	industry.s	PROPN
cjal-9251	1206	23	43	43	NUM
cjal-9251	1206	24	the	the	DET
cjal-9251	1206	25	continuous	continuous	ADJ
cjal-9251	1206	26	nature	nature	NOUN
cjal-9251	1206	27	of	of	ADP
cjal-9251	1206	28	these	these	DET
cjal-9251	1206	29	policy	policy	NOUN
cjal-9251	1206	30	incentives	incentive	NOUN
cjal-9251	1206	31	is	be	AUX
cjal-9251	1206	32	key	key	ADJ
cjal-9251	1206	33	to	to	ADP
cjal-9251	1206	34	the	the	DET
cjal-9251	1206	35	rapid	rapid	ADJ
cjal-9251	1206	36	development	development	NOUN
cjal-9251	1206	37	of	of	ADP
cjal-9251	1206	38	the	the	DET
cjal-9251	1206	39	chinese	chinese	ADJ
cjal-9251	1206	40	vc	vc	PROPN
cjal-9251	1206	41	market	market	NOUN
cjal-9251	1206	42	.	.	PUNCT
cjal-9251	1207	1	the	the	DET
cjal-9251	1207	2	importance	importance	NOUN
cjal-9251	1207	3	of	of	ADP
cjal-9251	1207	4	continual	continual	ADJ
cjal-9251	1207	5	government	government	NOUN
cjal-9251	1207	6	support	support	NOUN
cjal-9251	1207	7	may	may	AUX
cjal-9251	1207	8	also	also	ADV
cjal-9251	1207	9	be	be	AUX
cjal-9251	1207	10	seen	see	VERB
cjal-9251	1207	11	in	in	ADP
cjal-9251	1207	12	taiwan	taiwan	PROPN
cjal-9251	1207	13	's	's	PART
cjal-9251	1207	14	example	example	NOUN
cjal-9251	1207	15	where	where	SCONJ
cjal-9251	1207	16	investors	investor	NOUN
cjal-9251	1207	17	in	in	ADP
cjal-9251	1207	18	high	high	ADJ
cjal-9251	1207	19	-	-	PUNCT
cjal-9251	1207	20	tech	tech	NOUN
cjal-9251	1207	21	start	start	NOUN
cjal-9251	1207	22	-	-	PUNCT
cjal-9251	1207	23	ups	up	NOUN
cjal-9251	1207	24	were	be	AUX
cjal-9251	1207	25	historically	historically	ADV
cjal-9251	1207	26	granted	grant	VERB
cjal-9251	1207	27	a	a	DET
cjal-9251	1207	28	hefty	hefty	ADJ
cjal-9251	1207	29	income	income	NOUN
cjal-9251	1207	30	tax	tax	NOUN
cjal-9251	1207	31	deduction	deduction	NOUN
cjal-9251	1207	32	.	.	PUNCT
cjal-9251	1208	1	while	while	SCONJ
cjal-9251	1208	2	this	this	DET
cjal-9251	1208	3	tax	tax	NOUN
cjal-9251	1208	4	relief	relief	NOUN
cjal-9251	1208	5	policy	policy	NOUN
cjal-9251	1208	6	brought	bring	VERB
cjal-9251	1208	7	about	about	ADP
cjal-9251	1208	8	substantial	substantial	ADJ
cjal-9251	1208	9	capital	capital	NOUN
cjal-9251	1208	10	injection	injection	NOUN
cjal-9251	1208	11	in	in	ADP
cjal-9251	1208	12	the	the	DET
cjal-9251	1208	13	vc	vc	PROPN
cjal-9251	1208	14	sector	sector	NOUN
cjal-9251	1208	15	from	from	ADP
cjal-9251	1208	16	1995	1995	NUM
cjal-9251	1208	17	to	to	ADP
cjal-9251	1208	18	2000	2000	NUM
cjal-9251	1208	19	,	,	PUNCT
cjal-9251	1208	20	it	it	PRON
cjal-9251	1208	21	was	be	AUX
cjal-9251	1208	22	subsequently	subsequently	ADV
cjal-9251	1208	23	abolished	abolish	VERB
cjal-9251	1208	24	in	in	ADP
cjal-9251	1208	25	2000	2000	NUM
cjal-9251	1208	26	.	.	PUNCT
cjal-9251	1209	1	344	344	NUM
cjal-9251	1209	2	the	the	DET
cjal-9251	1209	3	termination	termination	NOUN
cjal-9251	1209	4	of	of	ADP
cjal-9251	1209	5	policy	policy	NOUN
cjal-9251	1209	6	incentives	incentive	NOUN
cjal-9251	1209	7	directly	directly	ADV
cjal-9251	1209	8	contributed	contribute	VERB
cjal-9251	1209	9	to	to	ADP
cjal-9251	1209	10	the	the	DET
cjal-9251	1209	11	taiwanese	taiwanese	ADJ
cjal-9251	1209	12	vc	vc	PROPN
cjal-9251	1209	13	industry	industry	NOUN
cjal-9251	1209	14	's	's	PART
cjal-9251	1209	15	decline	decline	NOUN
cjal-9251	1209	16	in	in	ADP
cjal-9251	1209	17	recent	recent	ADJ
cjal-9251	1209	18	y	y	PROPN
cjal-9251	1209	19	:	:	PUNCT
cjal-9251	1209	20	ears	ear	NOUN
cjal-9251	1209	21	,	,	PUNCT
cjal-9251	1209	22	proving	prove	VERB
cjal-9251	1209	23	that	that	SCONJ
cjal-9251	1209	24	governmental	governmental	ADJ
cjal-9251	1209	25	promotion	promotion	NOUN
cjal-9251	1209	26	of	of	ADP
cjal-9251	1209	27	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1209	28	requires	require	VERB
cjal-9251	1209	29	consistent	consistent	ADJ
cjal-9251	1209	30	and	and	CCONJ
cjal-9251	1209	31	long	long	ADJ
cjal-9251	1209	32	-	-	PUNCT
cjal-9251	1209	33	term	term	NOUN
cjal-9251	1209	34	effort.3	effort.3	PROPN
cjal-9251	1209	35	45	45	NUM
cjal-9251	1209	36	conclusion	conclusion	NOUN
cjal-9251	1209	37	china	china	PROPN
cjal-9251	1209	38	,	,	PUNCT
cjal-9251	1209	39	as	as	ADP
cjal-9251	1209	40	an	an	DET
cjal-9251	1209	41	experimentalist	experimentalist	NOUN
cjal-9251	1209	42	in	in	ADP
cjal-9251	1209	43	law	law	NOUN
cjal-9251	1209	44	and	and	CCONJ
cjal-9251	1209	45	development	development	NOUN
cjal-9251	1209	46	,	,	PUNCT
cjal-9251	1209	47	offers	offer	VERB
cjal-9251	1209	48	an	an	DET
cjal-9251	1209	49	important	important	ADJ
cjal-9251	1209	50	example	example	NOUN
cjal-9251	1209	51	of	of	ADP
cjal-9251	1209	52	how	how	SCONJ
cjal-9251	1209	53	a	a	DET
cjal-9251	1209	54	government	government	NOUN
cjal-9251	1209	55	can	can	AUX
cjal-9251	1209	56	engineer	engineer	VERB
cjal-9251	1209	57	a	a	DET
cjal-9251	1209	58	vc	vc	NOUN
cjal-9251	1209	59	market	market	NOUN
cjal-9251	1209	60	.	.	PUNCT
cjal-9251	1210	1	this	this	DET
cjal-9251	1210	2	article	article	NOUN
cjal-9251	1210	3	finds	find	VERB
cjal-9251	1210	4	that	that	SCONJ
cjal-9251	1210	5	the	the	DET
cjal-9251	1210	6	chinese	chinese	ADJ
cjal-9251	1210	7	government	government	NOUN
cjal-9251	1210	8	has	have	AUX
cjal-9251	1210	9	played	play	VERB
cjal-9251	1210	10	an	an	DET
cjal-9251	1210	11	important	important	ADJ
cjal-9251	1210	12	role	role	NOUN
cjal-9251	1210	13	in	in	ADP
cjal-9251	1210	14	helping	help	VERB
cjal-9251	1210	15	the	the	DET
cjal-9251	1210	16	nation	nation	NOUN
cjal-9251	1210	17	to	to	PART
cjal-9251	1210	18	establish	establish	VERB
cjal-9251	1210	19	the	the	DET
cjal-9251	1210	20	three	three	NUM
cjal-9251	1210	21	key	key	ADJ
cjal-9251	1210	22	elements	element	NOUN
cjal-9251	1210	23	of	of	ADP
cjal-9251	1210	24	a	a	DET
cjal-9251	1210	25	vc	vc	NOUN
cjal-9251	1210	26	market	market	NOUN
cjal-9251	1210	27	,	,	PUNCT
cjal-9251	1210	28	when	when	SCONJ
cjal-9251	1210	29	one	one	PRON
cjal-9251	1210	30	had	have	AUX
cjal-9251	1210	31	not	not	PART
cjal-9251	1210	32	developed	develop	VERB
cjal-9251	1210	33	organically	organically	ADV
cjal-9251	1210	34	.	.	PUNCT
cjal-9251	1211	1	this	this	DET
cjal-9251	1211	2	article	article	NOUN
cjal-9251	1211	3	has	have	AUX
cjal-9251	1211	4	shown	show	VERB
cjal-9251	1211	5	the	the	DET
cjal-9251	1211	6	important	important	ADJ
cjal-9251	1211	7	role	role	NOUN
cjal-9251	1211	8	of	of	ADP
cjal-9251	1211	9	the	the	DET
cjal-9251	1211	10	government	government	NOUN
cjal-9251	1211	11	in	in	ADP
cjal-9251	1211	12	.creating	.create	VERB
cjal-9251	1211	13	a	a	DET
cjal-9251	1211	14	vc	vc	NOUN
cjal-9251	1211	15	market	market	NOUN
cjal-9251	1211	16	through	through	ADP
cjal-9251	1211	17	law	law	NOUN
cjal-9251	1211	18	and	and	CCONJ
cjal-9251	1211	19	policy	policy	NOUN
cjal-9251	1211	20	.	.	PUNCT
cjal-9251	1212	1	one	one	NUM
cjal-9251	1212	2	characteristic	characteristic	NOUN
cjal-9251	1212	3	of	of	ADP
cjal-9251	1212	4	the	the	DET
cjal-9251	1212	5	chinese	chinese	ADJ
cjal-9251	1212	6	vc	vc	PROPN
cjal-9251	1212	7	market	market	NOUN
cjal-9251	1212	8	is	be	AUX
cjal-9251	1212	9	that	that	SCONJ
cjal-9251	1212	10	it	it	PRON
cjal-9251	1212	11	is	be	AUX
cjal-9251	1212	12	created	create	VERB
cjal-9251	1212	13	and	and	CCONJ
cjal-9251	1212	14	led	lead	VERB
cjal-9251	1212	15	by	by	ADP
cjal-9251	1212	16	governments	government	NOUN
cjal-9251	1212	17	,	,	PUNCT
cjal-9251	1212	18	both	both	PRON
cjal-9251	1212	19	on	on	ADP
cjal-9251	1212	20	central	central	ADJ
cjal-9251	1212	21	and	and	CCONJ
cjal-9251	1212	22	local	local	ADJ
cjal-9251	1212	23	levels	level	NOUN
cjal-9251	1212	24	,	,	PUNCT
cjal-9251	1212	25	through	through	ADP
cjal-9251	1212	26	continuous	continuous	ADJ
cjal-9251	1212	27	law	law	NOUN
cjal-9251	1212	28	and	and	CCONJ
cjal-9251	1212	29	policy	policy	NOUN
cjal-9251	1212	30	reforms	reform	NOUN
cjal-9251	1212	31	.	.	PUNCT
cjal-9251	1213	1	meanwhile	meanwhile	ADV
cjal-9251	1213	2	,	,	PUNCT
cjal-9251	1213	3	although	although	SCONJ
cjal-9251	1213	4	china	china	PROPN
cjal-9251	1213	5	's	's	PART
cjal-9251	1213	6	market	market	NOUN
cjal-9251	1213	7	is	be	AUX
cjal-9251	1213	8	established	establish	VERB
cjal-9251	1213	9	by	by	ADP
cjal-9251	1213	10	governments	government	NOUN
cjal-9251	1213	11	,	,	PUNCT
cjal-9251	1213	12	a	a	DET
cjal-9251	1213	13	key	key	ADJ
cjal-9251	1213	14	reason	reason	NOUN
cjal-9251	1213	15	for	for	ADP
cjal-9251	1213	16	its	its	PRON
cjal-9251	1213	17	rise	rise	NOUN
cjal-9251	1213	18	is	be	AUX
cjal-9251	1213	19	the	the	DET
cjal-9251	1213	20	central	central	ADJ
cjal-9251	1213	21	government	government	NOUN
cjal-9251	1213	22	's	's	PART
cjal-9251	1213	23	efforts	effort	NOUN
cjal-9251	1213	24	at	at	ADP
cjal-9251	1213	25	adopting	adopt	VERB
cjal-9251	1213	26	a	a	DET
cjal-9251	1213	27	more	more	ADV
cjal-9251	1213	28	market	market	NOUN
cjal-9251	1213	29	-	-	PUNCT
cjal-9251	1213	30	oriented	orient	VERB
cjal-9251	1213	31	approach	approach	NOUN
cjal-9251	1213	32	towards	towards	ADP
cjal-9251	1213	33	capital	capital	NOUN
cjal-9251	1213	34	allocation	allocation	NOUN
cjal-9251	1213	35	.	.	PUNCT
cjal-9251	1214	1	this	this	PRON
cjal-9251	1214	2	is	be	AUX
cjal-9251	1214	3	reflected	reflect	VERB
cjal-9251	1214	4	in	in	ADP
cjal-9251	1214	5	three	three	NUM
cjal-9251	1214	6	ways	way	NOUN
cjal-9251	1214	7	:	:	PUNCT
cjal-9251	1214	8	first	first	ADV
cjal-9251	1214	9	,	,	PUNCT
cjal-9251	1214	10	the	the	DET
cjal-9251	1214	11	newly	newly	ADV
cjal-9251	1214	12	established	establish	VERB
cjal-9251	1214	13	svcigf	svcigf	NOUN
cjal-9251	1214	14	and	and	CCONJ
cjal-9251	1214	15	the	the	DET
cjal-9251	1214	16	new	new	ADJ
cjal-9251	1214	17	regulations	regulation	NOUN
cjal-9251	1214	18	governing	govern	VERB
cjal-9251	1214	19	the	the	DET
cjal-9251	1214	20	ggfs	ggfs	NOUN
cjal-9251	1214	21	to	to	PART
cjal-9251	1214	22	reduce	reduce	VERB
cjal-9251	1214	23	government	government	NOUN
cjal-9251	1214	24	intervention	intervention	NOUN
cjal-9251	1214	25	.	.	PUNCT
cjal-9251	1215	1	second	second	ADJ
cjal-9251	1215	2	,	,	PUNCT
cjal-9251	1215	3	the	the	DET
cjal-9251	1215	4	changing	change	VERB
cjal-9251	1215	5	role	role	NOUN
cjal-9251	1215	6	of	of	ADP
cjal-9251	1215	7	the	the	DET
cjal-9251	1215	8	central	central	ADJ
cjal-9251	1215	9	government	government	NOUN
cjal-9251	1215	10	:	:	PUNCT
cjal-9251	1215	11	from	from	ADP
cjal-9251	1215	12	a	a	DET
cjal-9251	1215	13	direct	direct	ADJ
cjal-9251	1215	14	341	341	NUM
cjal-9251	1215	15	see	see	NOUN
cjal-9251	1215	16	part	part	NOUN
cjal-9251	1215	17	i.d	i.d	PROPN
cjal-9251	1215	18	,	,	PUNCT
cjal-9251	1215	19	supra	supra	NOUN
cjal-9251	1215	20	.	.	PUNCT
cjal-9251	1216	1	342	342	NUM
cjal-9251	1216	2	tseng	tseng	PROPN
cjal-9251	1216	3	&	&	CCONJ
cjal-9251	1216	4	fu	fu	PROPN
cjal-9251	1216	5	,	,	PUNCT
cjal-9251	1216	6	supra	supra	PROPN
cjal-9251	1216	7	note	note	NOUN
cjal-9251	1216	8	209	209	NUM
cjal-9251	1216	9	.	.	PUNCT
cjal-9251	1217	1	:	:	PUNCT
cjal-9251	1217	2	w	w	X
cjal-9251	1217	3	:	:	PUNCT
cjal-9251	1217	4	i	i	PRON
cjal-9251	1217	5	see	see	VERB
cjal-9251	1217	6	appendix	appendix	NOUN
cjal-9251	1217	7	2	2	NUM
cjal-9251	1217	8	,	,	PUNCT
cjal-9251	1217	9	infra	infra	NOUN
cjal-9251	1217	10	.	.	PUNCT
cjal-9251	1218	1	344	344	NUM
cjal-9251	1218	2	see	see	VERB
cjal-9251	1218	3	zhang	zhang	PROPN
cjal-9251	1218	4	yuning	yune	VERB
cjal-9251	1218	5	(	(	PUNCT
cjal-9251	1218	6	*	*	PUNCT
cjal-9251	1218	7	ff	ff	NOUN
cjal-9251	1218	8	'	'	PUNCT
cjal-9251	1218	9	r	r	NOUN
cjal-9251	1218	10	)	)	PUNCT
cjal-9251	1218	11	,	,	PUNCT
cjal-9251	1218	12	weishenme	weishenme	PROPN
cjal-9251	1218	13	zai	zai	PROPN
cjal-9251	1218	14	taiwan	taiwan	PROPN
cjal-9251	1218	15	chuangye	chuangye	PROPN
cjal-9251	1218	16	nabudao	nabudao	PROPN
cjal-9251	1218	17	chuangtou	chuangtou	PROPN
cjal-9251	1218	18	de	de	PROPN
cjal-9251	1218	19	qian	qian	PROPN
cjal-9251	1218	20	?	?	PUNCT
cjal-9251	1219	1	su	su	PROPN
cjal-9251	1219	2	shizhong	shizhong	PROPN
cjal-9251	1219	3	:	:	PUNCT
cjal-9251	1219	4	taiwan	taiwan	PROPN
cjal-9251	1219	5	rang	ring	VERB
cjal-9251	1219	6	zaoqi	zaoqi	PROPN
cjal-9251	1219	7	touzizhe	touzizhe	PROPN
cjal-9251	1219	8	dou	dou	PROPN
cjal-9251	1219	9	bian	bian	PROPN
cjal-9251	1219	10	bendan	bendan	PROPN
cjal-9251	1219	11	(	(	PUNCT
cjal-9251	1219	12	19fti	19fti	NOUN
cjal-9251	1219	13	>	>	X
cjal-9251	1219	14	.	.	PUNCT
cjal-9251	1220	1	te	te	PROPN
cjal-9251	1221	1	¤t	¤t	ADV
cjal-9251	1221	2	~¤•	~¤•	PRON
cjal-9251	1221	3	]	]	X
cjal-9251	1222	1	*	*	PUNCT
cjal-9251	1222	2	1	1	X
cjal-9251	1222	3	'	'	PART
cjal-9251	1222	4	flj	flj	PROPN
cjal-9251	1222	5	¤~	¤~	PROPN
cjal-9251	1222	6	t9	t9	PROPN
cjal-9251	1222	7	:	:	PUNCT
cjal-9251	1222	8	(	(	PUNCT
cjal-9251	1222	9	l(j	l(j	PROPN
cjal-9251	1222	10	~	~	SYM
cjal-9251	1222	11	?	?	SYM
cjal-9251	1222	12	$	$	SYM
cjal-9251	1222	13	tfr	tfr	X
cjal-9251	1222	14	,	,	PUNCT
cjal-9251	1222	15	'	'	PUNCT
cjal-9251	1222	16	i	i	PRON
cjal-9251	1222	17	!	!	PUNCT
cjal-9251	1222	18	'	'	PUNCT
cjal-9251	1222	19	:	:	PUNCT
cjal-9251	1222	20	,	,	PUNCT
cjal-9251	1222	21	:	:	PUNCT
cjal-9251	1222	22	&	&	CCONJ
cjal-9251	1222	23	ij	ij	PROPN
cjal-9251	1222	24	:	:	PUNCT
cjal-9251	1222	25	i'jill	i'jill	PROPN
cjal-9251	1222	26	t9	t9	PROPN
cjal-9251	1222	27	:	:	PUNCT
cjal-9251	1222	28	m	m	NOUN
cjal-9251	1222	29	~-1ftl	~-1ftl	NOUN
cjal-9251	1222	30	*	*	PUNCT
cjal-9251	1222	31	'	'	PUNCT
cjal-9251	1222	32	/i	/i	PUNCT
cjal-9251	1222	33	)	)	PUNCT
cjal-9251	1223	1	[	[	X
cjal-9251	1223	2	why	why	SCONJ
cjal-9251	1223	3	taiwan	taiwan	PROPN
cjal-9251	1223	4	entrepreneurs	entrepreneur	NOUN
cjal-9251	1223	5	can	can	AUX
cjal-9251	1223	6	not	not	PART
cjal-9251	1223	7	receive	receive	VERB
cjal-9251	1223	8	venture	venture	NOUN
cjal-9251	1223	9	capital	capital	NOUN
cjal-9251	1223	10	funding	funding	NOUN
cjal-9251	1223	11	?	?	PUNCT
cjal-9251	1224	1	su	su	PROPN
cjal-9251	1224	2	shizhong	shizhong	PROPN
cjal-9251	1224	3	:	:	PUNCT
cjal-9251	1224	4	taiwan	taiwan	PROPN
cjal-9251	1224	5	made	make	VERB
cjal-9251	1224	6	a	a	DET
cjal-9251	1224	7	fool	fool	NOUN
cjal-9251	1224	8	out	out	ADP
cjal-9251	1224	9	of	of	ADP
cjal-9251	1224	10	early	early	ADJ
cjal-9251	1224	11	-	-	PUNCT
cjal-9251	1224	12	stage	stage	NOUN
cjal-9251	1224	13	investors	investor	NOUN
cjal-9251	1224	14	]	]	PUNCT
cjal-9251	1224	15	,	,	PUNCT
cjal-9251	1224	16	keji	keji	PROPN
cjal-9251	1224	17	baoju	baoju	PROPN
cjal-9251	1224	18	(	(	PUNCT
cjal-9251	1224	19	flhuha	flhuha	PROPN
cjal-9251	1224	20	)	)	PUNCT
cjal-9251	1225	1	[	[	X
cjal-9251	1225	2	techorange	techorange	NOUN
cjal-9251	1225	3	]	]	X
cjal-9251	1225	4	(	(	PUNCT
cjal-9251	1225	5	apr	apr	PROPN
cjal-9251	1225	6	.	.	PROPN
cjal-9251	1225	7	15	15	NUM
cjal-9251	1225	8	,	,	PUNCT
cjal-9251	1225	9	2013	2013	NUM
cjal-9251	1225	10	)	)	PUNCT
cjal-9251	1225	11	,	,	PUNCT
cjal-9251	1225	12	http://bit.ly/2tlnqsl	http://bit.ly/2tlnqsl	PROPN
cjal-9251	1225	13	.	.	PUNCT
cjal-9251	1226	1	346	346	NUM
cjal-9251	1226	2	i	i	PROPN
cjal-9251	1226	3	d.	d.	PROPN
cjal-9251	1226	4	2017	2017	NUM
cjal-9251	1226	5	)	)	PUNCT
cjal-9251	1226	6	engineering	engineer	VERB
cjal-9251	1226	7	a	a	DET
cjal-9251	1226	8	venture	venture	NOUN
cjal-9251	1226	9	capital	capital	NOUN
cjal-9251	1226	10	market	market	NOUN
cjal-9251	1226	11	211	211	NUM
cjal-9251	1226	12	financial	financial	ADJ
cjal-9251	1226	13	intermediary	intermediary	NOUN
cjal-9251	1226	14	that	that	PRON
cjal-9251	1226	15	decides	decide	VERB
cjal-9251	1226	16	how	how	SCONJ
cjal-9251	1226	17	exactly	exactly	ADV
cjal-9251	1226	18	capital	capital	NOUN
cjal-9251	1226	19	is	be	AUX
cjal-9251	1226	20	to	to	PART
cjal-9251	1226	21	be	be	AUX
cjal-9251	1226	22	allocated	allocate	VERB
cjal-9251	1226	23	to	to	ADP
cjal-9251	1226	24	a	a	DET
cjal-9251	1226	25	mere	mere	ADJ
cjal-9251	1226	26	facilitator	facilitator	NOUN
cjal-9251	1226	27	and	and	CCONJ
cjal-9251	1226	28	provider	provider	NOUN
cjal-9251	1226	29	of	of	ADP
cjal-9251	1226	30	capital	capital	NOUN
cjal-9251	1226	31	.	.	PUNCT
cjal-9251	1227	1	third	third	ADJ
cjal-9251	1227	2	,	,	PUNCT
cjal-9251	1227	3	that	that	DET
cjal-9251	1227	4	private	private	ADJ
cjal-9251	1227	5	capital	capital	NOUN
cjal-9251	1227	6	is	be	AUX
cjal-9251	1227	7	becoming	become	VERB
cjal-9251	1227	8	the	the	DET
cjal-9251	1227	9	major	major	ADJ
cjal-9251	1227	10	source	source	NOUN
cjal-9251	1227	11	of	of	ADP
cjal-9251	1227	12	vc346	vc346	PROPN
cjal-9251	1227	13	with	with	ADP
cjal-9251	1227	14	the	the	DET
cjal-9251	1227	15	eased	eased	ADJ
cjal-9251	1227	16	regulatory	regulatory	ADJ
cjal-9251	1227	17	regime	regime	NOUN
cjal-9251	1227	18	,	,	PUNCT
cjal-9251	1227	19	the	the	DET
cjal-9251	1227	20	more	more	ADV
cjal-9251	1227	21	liberal	liberal	ADJ
cjal-9251	1227	22	regulatory	regulatory	ADJ
cjal-9251	1227	23	framework	framework	NOUN
cjal-9251	1227	24	governing	govern	VERB
cjal-9251	1227	25	the	the	DET
cjal-9251	1227	26	vc	vc	PROPN
cjal-9251	1227	27	market	market	NOUN
cjal-9251	1227	28	,	,	PUNCT
cjal-9251	1227	29	the	the	DET
cjal-9251	1227	30	predominance	predominance	NOUN
cjal-9251	1227	31	of	of	ADP
cjal-9251	1227	32	the	the	DET
cjal-9251	1227	33	limited	limited	ADJ
cjal-9251	1227	34	partnership	partnership	NOUN
cjal-9251	1227	35	,	,	PUNCT
cjal-9251	1227	36	and	and	CCONJ
cjal-9251	1227	37	the	the	DET
cjal-9251	1227	38	increased	increase	VERB
cjal-9251	1227	39	number	number	NOUN
cjal-9251	1227	40	of	of	ADP
cjal-9251	1227	41	private	private	ADJ
cjal-9251	1227	42	vc	vc	PROPN
cjal-9251	1227	43	firms	firm	NOUN
cjal-9251	1227	44	,	,	PUNCT
cjal-9251	1227	45	start	start	NOUN
cjal-9251	1227	46	-	-	PUNCT
cjal-9251	1227	47	ups	up	NOUN
cjal-9251	1227	48	and	and	CCONJ
cjal-9251	1227	49	entrepreneurs	entrepreneur	NOUN
cjal-9251	1227	50	.	.	PUNCT
cjal-9251	1228	1	by	by	ADP
cjal-9251	1228	2	providing	provide	VERB
cjal-9251	1228	3	the	the	DET
cjal-9251	1228	4	legislative	legislative	ADJ
cjal-9251	1228	5	and	and	CCONJ
cjal-9251	1228	6	institutional	institutional	ADJ
cjal-9251	1228	7	infrastructure	infrastructure	NOUN
cjal-9251	1228	8	for	for	ADP
cjal-9251	1228	9	the	the	DET
cjal-9251	1228	10	vc	vc	PROPN
cjal-9251	1228	11	market	market	NOUN
cjal-9251	1228	12	,	,	PUNCT
cjal-9251	1228	13	the	the	DET
cjal-9251	1228	14	government	government	NOUN
cjal-9251	1228	15	can	can	AUX
cjal-9251	1228	16	facilitate	facilitate	VERB
cjal-9251	1228	17	the	the	DET
cjal-9251	1228	18	increased	increase	VERB
cjal-9251	1228	19	role	role	NOUN
cjal-9251	1228	20	of	of	ADP
cjal-9251	1228	21	market	market	NOUN
cjal-9251	1228	22	forces	force	NOUN
cjal-9251	1228	23	,	,	PUNCT
cjal-9251	1228	24	especially	especially	ADV
cjal-9251	1228	25	in	in	ADP
cjal-9251	1228	26	the	the	DET
cjal-9251	1228	27	area	area	NOUN
cjal-9251	1228	28	of	of	ADP
cjal-9251	1228	29	capital	capital	NOUN
cjal-9251	1228	30	allocation	allocation	NOUN
cjal-9251	1228	31	.	.	PUNCT
cjal-9251	1229	1	the	the	DET
cjal-9251	1229	2	chinese	chinese	ADJ
cjal-9251	1229	3	experience	experience	NOUN
cjal-9251	1229	4	offers	offer	VERB
cjal-9251	1229	5	several	several	ADJ
cjal-9251	1229	6	lessons	lesson	NOUN
cjal-9251	1229	7	to	to	ADP
cjal-9251	1229	8	other	other	ADJ
cjal-9251	1229	9	countries	country	NOUN
cjal-9251	1229	10	:	:	PUNCT
cjal-9251	1229	11	first	first	ADV
cjal-9251	1229	12	,	,	PUNCT
cjal-9251	1229	13	governments	government	NOUN
cjal-9251	1229	14	can	can	AUX
cjal-9251	1229	15	help	help	VERB
cjal-9251	1229	16	solve	solve	VERB
cjal-9251	1229	17	the	the	DET
cjal-9251	1229	18	three	three	NUM
cjal-9251	1229	19	-	-	PUNCT
cjal-9251	1229	20	factor	factor	NOUN
cjal-9251	1229	21	simultaneity	simultaneity	NOUN
cjal-9251	1229	22	problem	problem	NOUN
cjal-9251	1229	23	-	-	PUNCT
cjal-9251	1229	24	by	by	ADP
cjal-9251	1229	25	providing	provide	VERB
cjal-9251	1229	26	public	public	ADJ
cjal-9251	1229	27	funds	fund	NOUN
cjal-9251	1229	28	through	through	ADP
cjal-9251	1229	29	the	the	DET
cjal-9251	1229	30	well	well	ADV
cjal-9251	1229	31	-	-	PUNCT
cjal-9251	1229	32	designed	design	VERB
cjal-9251	1229	33	government	government	NOUN
cjal-9251	1229	34	programs	program	NOUN
cjal-9251	1229	35	;	;	PUNCT
cjal-9251	1229	36	by	by	ADP
cjal-9251	1229	37	introducing	introduce	VERB
cjal-9251	1229	38	business	business	NOUN
cjal-9251	1229	39	-	-	PUNCT
cjal-9251	1229	40	friendly	friendly	ADJ
cjal-9251	1229	41	legal	legal	ADJ
cjal-9251	1229	42	vehicles	vehicle	NOUN
cjal-9251	1229	43	;	;	PUNCT
cjal-9251	1229	44	and	and	CCONJ
cjal-9251	1229	45	by	by	ADP
cjal-9251	1229	46	improving	improve	VERB
cjal-9251	1229	47	the	the	DET
cjal-9251	1229	48	regulatory	regulatory	ADJ
cjal-9251	1229	49	environment	environment	NOUN
cjal-9251	1229	50	for	for	ADP
cjal-9251	1229	51	fund	fund	NOUN
cjal-9251	1229	52	raising	raising	NOUN
cjal-9251	1229	53	,	,	PUNCT
cjal-9251	1229	54	investments	investment	NOUN
cjal-9251	1229	55	,	,	PUNCT
cjal-9251	1229	56	and	and	CCONJ
cjal-9251	1229	57	exits	exit	NOUN
cjal-9251	1229	58	,	,	PUNCT
cjal-9251	1229	59	governments	government	NOUN
cjal-9251	1229	60	can	can	AUX
cjal-9251	1229	61	encourage	encourage	VERB
cjal-9251	1229	62	capital	capital	NOUN
cjal-9251	1229	63	supply	supply	NOUN
cjal-9251	1229	64	,	,	PUNCT
cjal-9251	1229	65	boost	boost	VERB
cjal-9251	1229	66	entrepreneur	entrepreneur	NOUN
cjal-9251	1229	67	participation	participation	NOUN
cjal-9251	1229	68	,	,	PUNCT
cjal-9251	1229	69	and	and	CCONJ
cjal-9251	1229	70	attract	attract	VERB
cjal-9251	1229	71	knowledgeable	knowledgeable	ADJ
cjal-9251	1229	72	financial	financial	ADJ
cjal-9251	1229	73	intermediaries	intermediary	NOUN
cjal-9251	1229	74	to	to	ADP
cjal-9251	1229	75	the	the	DET
cjal-9251	1229	76	market	market	NOUN
cjal-9251	1229	77	.	.	PUNCT
cjal-9251	1230	1	second	second	ADJ
cjal-9251	1230	2	,	,	PUNCT
cjal-9251	1230	3	governments	government	NOUN
cjal-9251	1230	4	can	can	AUX
cjal-9251	1230	5	facilitate	facilitate	VERB
cjal-9251	1230	6	the	the	DET
cjal-9251	1230	7	creation	creation	NOUN
cjal-9251	1230	8	of	of	ADP
cjal-9251	1230	9	a	a	DET
cjal-9251	1230	10	market	market	NOUN
cjal-9251	1230	11	premised	premise	VERB
cjal-9251	1230	12	on	on	ADP
cjal-9251	1230	13	market	market	NOUN
cjal-9251	1230	14	forces	force	NOUN
cjal-9251	1230	15	and	and	CCONJ
cjal-9251	1230	16	private	private	ADJ
cjal-9251	1230	17	contracting	contracting	NOUN
cjal-9251	1230	18	by	by	ADP
cjal-9251	1230	19	restricting	restrict	VERB
cjal-9251	1230	20	its	its	PRON
cjal-9251	1230	21	own	own	ADJ
cjal-9251	1230	22	participation	participation	NOUN
cjal-9251	1230	23	to	to	ADP
cjal-9251	1230	24	being	be	AUX
cjal-9251	1230	25	a	a	DET
cjal-9251	1230	26	lp	lp	NOUN
cjal-9251	1230	27	,	,	PUNCT
cjal-9251	1230	28	and	and	CCONJ
cjal-9251	1230	29	leaving	leave	VERB
cjal-9251	1230	30	capital	capital	NOUN
cjal-9251	1230	31	allocation	allocation	NOUN
cjal-9251	1230	32	decisions	decision	NOUN
cjal-9251	1230	33	to	to	ADP
cjal-9251	1230	34	private	private	ADJ
cjal-9251	1230	35	-	-	PUNCT
cjal-9251	1230	36	sector	sector	NOUN
cjal-9251	1230	37	parties	party	NOUN
cjal-9251	1230	38	with	with	ADP
cjal-9251	1230	39	right	right	ADJ
cjal-9251	1230	40	incentives	incentive	NOUN
cjal-9251	1230	41	.	.	PUNCT
cjal-9251	1231	1	347	347	NUM
cjal-9251	1231	2	failure	failure	NOUN
cjal-9251	1231	3	to	to	PART
cjal-9251	1231	4	do	do	AUX
cjal-9251	1231	5	so	so	ADV
cjal-9251	1231	6	would	would	AUX
cjal-9251	1231	7	prevent	prevent	VERB
cjal-9251	1231	8	the	the	DET
cjal-9251	1231	9	industry	industry	NOUN
cjal-9251	1231	10	from	from	ADP
cjal-9251	1231	11	attaining	attain	VERB
cjal-9251	1231	12	sustainable	sustainable	ADJ
cjal-9251	1231	13	growth	growth	NOUN
cjal-9251	1231	14	.	.	PUNCT
cjal-9251	1232	1	nevertheless	nevertheless	ADV
cjal-9251	1232	2	,	,	PUNCT
cjal-9251	1232	3	there	there	PRON
cjal-9251	1232	4	is	be	VERB
cjal-9251	1232	5	substantial	substantial	ADJ
cjal-9251	1232	6	room	room	NOUN
cjal-9251	1232	7	for	for	ADP
cjal-9251	1232	8	improvement	improvement	NOUN
cjal-9251	1232	9	in	in	ADP
cjal-9251	1232	10	china	china	PROPN
cjal-9251	1232	11	.	.	PUNCT
cjal-9251	1233	1	various	various	ADJ
cjal-9251	1233	2	institutional	institutional	ADJ
cjal-9251	1233	3	impediments	impediment	NOUN
cjal-9251	1233	4	within	within	ADP
cjal-9251	1233	5	each	each	DET
cjal-9251	1233	6	factor	factor	NOUN
cjal-9251	1233	7	,	,	PUNCT
cjal-9251	1233	8	as	as	SCONJ
cjal-9251	1233	9	highlighted	highlight	VERB
cjal-9251	1233	10	above	above	ADV
cjal-9251	1233	11	,	,	PUNCT
cjal-9251	1233	12	may	may	AUX
cjal-9251	1233	13	prevent	prevent	VERB
cjal-9251	1233	14	the	the	DET
cjal-9251	1233	15	industry	industry	NOUN
cjal-9251	1233	16	from	from	ADP
cjal-9251	1233	17	realizing	realize	VERB
cjal-9251	1233	18	its	its	PRON
cjal-9251	1233	19	true	true	ADJ
cjal-9251	1233	20	potential	potential	NOUN
cjal-9251	1233	21	.	.	PUNCT
cjal-9251	1234	1	moreover	moreover	ADV
cjal-9251	1234	2	,	,	PUNCT
cjal-9251	1234	3	in	in	ADP
cjal-9251	1234	4	light	light	NOUN
cjal-9251	1234	5	of	of	ADP
cjal-9251	1234	6	china	china	PROPN
cjal-9251	1234	7	's	's	PART
cjal-9251	1234	8	unique	unique	ADJ
cjal-9251	1234	9	party	party	NOUN
cjal-9251	1234	10	-	-	PUNCT
cjal-9251	1234	11	state	state	NOUN
cjal-9251	1234	12	system	system	NOUN
cjal-9251	1234	13	,	,	PUNCT
cjal-9251	1234	14	conflicts	conflict	NOUN
cjal-9251	1234	15	between	between	ADP
cjal-9251	1234	16	the	the	DET
cjal-9251	1234	17	central	central	ADJ
cjal-9251	1234	18	and	and	CCONJ
cjal-9251	1234	19	local	local	ADJ
cjal-9251	1234	20	governments	government	NOUN
cjal-9251	1234	21	,	,	PUNCT
cjal-9251	1234	22	the	the	DET
cjal-9251	1234	23	flawed	flaw	VERB
cjal-9251	1234	24	cadre	cadre	NOUN
cjal-9251	1234	25	appointment	appointment	NOUN
cjal-9251	1234	26	system	system	NOUN
cjal-9251	1234	27	,	,	PUNCT
cjal-9251	1234	28	and	and	CCONJ
cjal-9251	1234	29	the	the	DET
cjal-9251	1234	30	flawed	flawed	ADJ
cjal-9251	1234	31	incentive	incentive	NOUN
cjal-9251	1234	32	mechanisms	mechanism	NOUN
cjal-9251	1234	33	of	of	ADP
cjal-9251	1234	34	government	government	NOUN
cjal-9251	1234	35	officials	official	NOUN
cjal-9251	1234	36	,	,	PUNCT
cjal-9251	1234	37	it	it	PRON
cjal-9251	1234	38	is	be	AUX
cjal-9251	1234	39	difficult	difficult	ADJ
cjal-9251	1234	40	to	to	PART
cjal-9251	1234	41	ensure	ensure	VERB
cjal-9251	1234	42	that	that	SCONJ
cjal-9251	1234	43	local	local	ADJ
cjal-9251	1234	44	governments	government	NOUN
cjal-9251	1234	45	completely	completely	ADV
cjal-9251	1234	46	do	do	AUX
cjal-9251	1234	47	not	not	PART
cjal-9251	1234	48	intervene	intervene	VERB
cjal-9251	1234	49	in	in	ADP
cjal-9251	1234	50	the	the	DET
cjal-9251	1234	51	capital	capital	NOUN
cjal-9251	1234	52	allocation	allocation	NOUN
cjal-9251	1234	53	process	process	NOUN
cjal-9251	1234	54	.	.	PUNCT
cjal-9251	1235	1	i	i	PRON
cjal-9251	1235	2	suggest	suggest	VERB
cjal-9251	1235	3	that	that	SCONJ
cjal-9251	1235	4	the	the	DET
cjal-9251	1235	5	design	design	NOUN
cjal-9251	1235	6	of	of	ADP
cjal-9251	1235	7	the	the	DET
cjal-9251	1235	8	government	government	NOUN
cjal-9251	1235	9	programs	program	NOUN
cjal-9251	1235	10	should	should	AUX
cjal-9251	1235	11	be	be	AUX
cjal-9251	1235	12	improved	improve	VERB
cjal-9251	1235	13	to	to	PART
cjal-9251	1235	14	keep	keep	VERB
cjal-9251	1235	15	such	such	ADJ
cjal-9251	1235	16	intervention	intervention	NOUN
cjal-9251	1235	17	to	to	ADP
cjal-9251	1235	18	a	a	DET
cjal-9251	1235	19	minimum	minimum	NOUN
cjal-9251	1235	20	,	,	PUNCT
cjal-9251	1235	21	while	while	SCONJ
cjal-9251	1235	22	ensuring	ensure	VERB
cjal-9251	1235	23	that	that	SCONJ
cjal-9251	1235	24	the	the	DET
cjal-9251	1235	25	government	government	NOUN
cjal-9251	1235	26	's	's	PART
cjal-9251	1235	27	policy	policy	NOUN
cjal-9251	1235	28	goals	goal	NOUN
cjal-9251	1235	29	are	be	AUX
cjal-9251	1235	30	still	still	ADV
cjal-9251	1235	31	realized	realize	VERB
cjal-9251	1235	32	.	.	PUNCT
cjal-9251	1236	1	additionally	additionally	ADV
cjal-9251	1236	2	,	,	PUNCT
cjal-9251	1236	3	the	the	DET
cjal-9251	1236	4	next	next	ADJ
cjal-9251	1236	5	big	big	ADJ
cjal-9251	1236	6	challenge	challenge	NOUN
cjal-9251	1236	7	for	for	ADP
cjal-9251	1236	8	the	the	DET
cjal-9251	1236	9	government	government	NOUN
cjal-9251	1236	10	is	be	AUX
cjal-9251	1236	11	to	to	PART
cjal-9251	1236	12	further	far	ADV
cjal-9251	1236	13	develop	develop	VERB
cjal-9251	1236	14	a	a	DET
cjal-9251	1236	15	vc	vc	NOUN
cjal-9251	1236	16	market	market	NOUN
cjal-9251	1236	17	based	base	VERB
cjal-9251	1236	18	on	on	ADP
cjal-9251	1236	19	private	private	ADJ
cjal-9251	1236	20	contracting	contracting	NOUN
cjal-9251	1236	21	.	.	PUNCT
cjal-9251	1237	1	in	in	ADP
cjal-9251	1237	2	this	this	DET
cjal-9251	1237	3	regard	regard	NOUN
cjal-9251	1237	4	,	,	PUNCT
cjal-9251	1237	5	one	one	NUM
cjal-9251	1237	6	key	key	ADJ
cjal-9251	1237	7	task	task	NOUN
cjal-9251	1237	8	is	be	AUX
cjal-9251	1237	9	to	to	PART
cjal-9251	1237	10	ensure	ensure	VERB
cjal-9251	1237	11	the	the	DET
cjal-9251	1237	12	effective	effective	ADJ
cjal-9251	1237	13	enforcement	enforcement	NOUN
cjal-9251	1237	14	of	of	ADP
cjal-9251	1237	15	the	the	DET
cjal-9251	1237	16	various	various	ADJ
cjal-9251	1237	17	contracts	contract	NOUN
cjal-9251	1237	18	covering	cover	VERB
cjal-9251	1237	19	the	the	DET
cjal-9251	1237	20	entire	entire	ADJ
cjal-9251	1237	21	vc	vc	NOUN
cjal-9251	1237	22	cycle	cycle	NOUN
cjal-9251	1237	23	.	.	PUNCT
cjal-9251	1238	1	as	as	SCONJ
cjal-9251	1238	2	the	the	DET
cjal-9251	1238	3	effect	effect	NOUN
cjal-9251	1238	4	of	of	ADP
cjal-9251	1238	5	private	private	ADJ
cjal-9251	1238	6	ordering	ordering	NOUN
cjal-9251	1238	7	in	in	ADP
cjal-9251	1238	8	china	china	PROPN
cjal-9251	1238	9	may	may	AUX
cjal-9251	1238	10	not	not	PART
cjal-9251	1238	11	be	be	AUX
cjal-9251	1238	12	known	know	VERB
cjal-9251	1238	13	for	for	ADP
cjal-9251	1238	14	years	year	NOUN
cjal-9251	1238	15	to	to	PART
cjal-9251	1238	16	come	come	VERB
cjal-9251	1238	17	,	,	PUNCT
cjal-9251	1238	18	considerable	considerable	ADJ
cjal-9251	1238	19	future	future	ADJ
cjal-9251	1238	20	research	research	NOUN
cjal-9251	1238	21	will	will	AUX
cjal-9251	1238	22	be	be	AUX
cjal-9251	1238	23	required	require	VERB
cjal-9251	1238	24	before	before	SCONJ
cjal-9251	1238	25	meaningful	meaningful	ADJ
cjal-9251	1238	26	suggestions	suggestion	NOUN
cjal-9251	1238	27	can	can	AUX
cjal-9251	1238	28	be	be	AUX
cjal-9251	1238	29	offered	offer	VERB
cjal-9251	1238	30	.	.	PUNCT
cjal-9251	1239	1	lastly	lastly	ADV
cjal-9251	1239	2	,	,	PUNCT
cjal-9251	1239	3	the	the	DET
cjal-9251	1239	4	engineering	engineering	NOUN
cjal-9251	1239	5	of	of	ADP
cjal-9251	1239	6	a	a	DET
cjal-9251	1239	7	venture	venture	NOUN
cjal-9251	1239	8	capital	capital	NOUN
cjal-9251	1239	9	market	market	NOUN
cjal-9251	1239	10	is	be	AUX
cjal-9251	1239	11	highly	highly	ADV
cjal-9251	1239	12	specific	specific	ADJ
cjal-9251	1239	13	to	to	ADP
cjal-9251	1239	14	the	the	DET
cjal-9251	1239	15	context	context	NOUN
cjal-9251	1239	16	of	of	ADP
cjal-9251	1239	17	each	each	DET
cjal-9251	1239	18	country	country	NOUN
cjal-9251	1239	19	.	.	PUNCT
cjal-9251	1240	1	on	on	ADP
cjal-9251	1240	2	top	top	NOUN
cjal-9251	1240	3	of	of	ADP
cjal-9251	1240	4	capital	capital	NOUN
cjal-9251	1240	5	,	,	PUNCT
cjal-9251	1240	6	specialized	specialized	ADJ
cjal-9251	1240	7	financial	financial	ADJ
cjal-9251	1240	8	intermediaries	intermediary	NOUN
cjal-9251	1240	9	and	and	CCONJ
cjal-9251	1240	10	entrepreneurs	entrepreneur	NOUN
cjal-9251	1240	11	,	,	PUNCT
cjal-9251	1240	12	an	an	DET
cjal-9251	1240	13	effective	effective	ADJ
cjal-9251	1240	14	vc	vc	NOUN
cjal-9251	1240	15	market	market	NOUN
cjal-9251	1240	16	also	also	ADV
cjal-9251	1240	17	requires	require	VERB
cjal-9251	1240	18	346	346	NUM
cjal-9251	1240	19	see	see	NOUN
cjal-9251	1240	20	table	table	NOUN
cjal-9251	1240	21	l	l	NOUN
cjal-9251	1240	22	,	,	PUNCT
cjal-9251	1240	23	supra	supra	NOUN
cjal-9251	1240	24	.	.	PUNCT
cjal-9251	1241	1	3	3	NUM
cjal-9251	1241	2	-	-	SYM
cjal-9251	1241	3	11	11	NUM
cjal-9251	1241	4	see	see	VERB
cjal-9251	1241	5	generally	generally	ADV
cjal-9251	1241	6	gilson	gilson	PROPN
cjal-9251	1241	7	,	,	PUNCT
cjal-9251	1241	8	supra	supra	PROPN
cjal-9251	1241	9	note	note	PROPN
cjal-9251	1241	10	l.	l.	PROPN
cjal-9251	1241	11	212	212	NUM
cjal-9251	1241	12	columbia	columbia	PROPN
cjal-9251	1241	13	journal	journal	PROPN
cjal-9251	1241	14	of	of	ADP
cjal-9251	1241	15	asian	asian	ADJ
cjal-9251	1241	16	law	law	NOUN
cjal-9251	1241	17	(	(	PUNCT
cjal-9251	1241	18	vol	vol	NOUN
cjal-9251	1241	19	.	.	PROPN
cjal-9251	1241	20	30:160	30:160	NUM
cjal-9251	1241	21	a	a	DET
cjal-9251	1241	22	wide	wide	ADJ
cjal-9251	1241	23	range	range	NOUN
cjal-9251	1241	24	of	of	ADP
cjal-9251	1241	25	complex	complex	ADJ
cjal-9251	1241	26	social	social	ADJ
cjal-9251	1241	27	,	,	PUNCT
cjal-9251	1241	28	legal	legal	ADJ
cjal-9251	1241	29	,	,	PUNCT
cjal-9251	1241	30	and	and	CCONJ
cjal-9251	1241	31	economic	economic	ADJ
cjal-9251	1241	32	institutions	institution	NOUN
cjal-9251	1241	33	348	348	NUM
cjal-9251	1241	34	:	:	PUNCT
cjal-9251	1241	35	robust	robust	ADJ
cjal-9251	1241	36	stock	stock	NOUN
cjal-9251	1241	37	markets	market	NOUN
cjal-9251	1241	38	,	,	PUNCT
cjal-9251	1241	39	349	349	NUM
cjal-9251	1241	40	sophisticated	sophisticated	ADJ
cjal-9251	1241	41	auditing	auditing	NOUN
cjal-9251	1241	42	and	and	CCONJ
cjal-9251	1241	43	legal	legal	ADJ
cjal-9251	1241	44	professions	profession	NOUN
cjal-9251	1241	45	,	,	PUNCT
cjal-9251	1241	46	strong	strong	ADJ
cjal-9251	1241	47	investor	investor	NOUN
cjal-9251	1241	48	protection	protection	NOUN
cjal-9251	1241	49	,	,	PUNCT
cjal-9251	1241	50	350	350	NUM
cjal-9251	1241	51	effective	effective	ADJ
cjal-9251	1241	52	judicial	judicial	ADJ
cjal-9251	1241	53	enforcement	enforcement	NOUN
cjal-9251	1241	54	of	of	ADP
cjal-9251	1241	55	contracts	contract	NOUN
cjal-9251	1241	56	,	,	PUNCT
cjal-9251	1241	57	liberal	liberal	ADJ
cjal-9251	1241	58	bankruptcy	bankruptcy	NOUN
cjal-9251	1241	59	laws	law	NOUN
cjal-9251	1241	60	,	,	PUNCT
cjal-9251	1241	61	351	351	NUM
cjal-9251	1241	62	and	and	CCONJ
cjal-9251	1241	63	an	an	DET
cjal-9251	1241	64	effective	effective	ADJ
cjal-9251	1241	65	reputation	reputation	NOUN
cjal-9251	1241	66	market	market	NOUN
cjal-9251	1241	67	.	.	PUNCT
cjal-9251	1242	1	further	further	ADJ
cjal-9251	1242	2	research	research	NOUN
cjal-9251	1242	3	must	must	AUX
cjal-9251	1242	4	be	be	AUX
cjal-9251	1242	5	done	do	VERB
cjal-9251	1242	6	in	in	ADP
cjal-9251	1242	7	these	these	DET
cjal-9251	1242	8	particular	particular	ADJ
cjal-9251	1242	9	areas	area	NOUN
cjal-9251	1242	10	for	for	SCONJ
cjal-9251	1242	11	there	there	PRON
cjal-9251	1242	12	to	to	PART
cjal-9251	1242	13	be	be	AUX
cjal-9251	1242	14	a	a	DET
cjal-9251	1242	15	comprehensive	comprehensive	ADJ
cjal-9251	1242	16	examination	examination	NOUN
cjal-9251	1242	17	of	of	ADP
cjal-9251	1242	18	how	how	SCONJ
cjal-9251	1242	19	the	the	DET
cjal-9251	1242	20	relationship	relationship	NOUN
cjal-9251	1242	21	between	between	ADP
cjal-9251	1242	22	the	the	DET
cjal-9251	1242	23	government	government	NOUN
cjal-9251	1242	24	and	and	CCONJ
cjal-9251	1242	25	the	the	DET
cjal-9251	1242	26	free	free	ADJ
cjal-9251	1242	27	market	market	NOUN
cjal-9251	1242	28	should	should	AUX
cjal-9251	1242	29	be	be	AUX
cjal-9251	1242	30	balanced	balance	VERB
cjal-9251	1242	31	and	and	CCONJ
cjal-9251	1242	32	how	how	SCONJ
cjal-9251	1242	33	the	the	DET
cjal-9251	1242	34	effectiveness	effectiveness	NOUN
cjal-9251	1242	35	of	of	ADP
cjal-9251	1242	36	contractual	contractual	ADJ
cjal-9251	1242	37	design	design	NOUN
cjal-9251	1242	38	can	can	AUX
cjal-9251	1242	39	be	be	AUX
cjal-9251	1242	40	maximized	maximize	VERB
cjal-9251	1242	41	.	.	PUNCT
cjal-9251	1243	1	ultimately	ultimately	ADV
cjal-9251	1243	2	,	,	PUNCT
cjal-9251	1243	3	it	it	PRON
cjal-9251	1243	4	remains	remain	VERB
cjal-9251	1243	5	to	to	PART
cjal-9251	1243	6	be	be	AUX
cjal-9251	1243	7	seen	see	VERB
cjal-9251	1243	8	whether	whether	SCONJ
cjal-9251	1243	9	the	the	DET
cjal-9251	1243	10	chinese	chinese	ADJ
cjal-9251	1243	11	vc	vc	PROPN
cjal-9251	1243	12	market	market	NOUN
cjal-9251	1243	13	can	can	AUX
cjal-9251	1243	14	replicate	replicate	VERB
cjal-9251	1243	15	the	the	DET
cjal-9251	1243	16	success	success	NOUN
cjal-9251	1243	17	c	c	NOUN
cjal-9251	1243	18	:	:	PUNCT
cjal-9251	1243	19	ifthe	ifthe	PROPN
cjal-9251	1243	20	u.s	u.s	PROPN
cjal-9251	1243	21	.	.	PROPN
cjal-9251	1243	22	market	market	NOUN
cjal-9251	1243	23	in	in	ADP
cjal-9251	1243	24	the	the	DET
cjal-9251	1243	25	long	long	ADJ
cjal-9251	1243	26	run	run	NOUN
cjal-9251	1243	27	.	.	PUNCT
cjal-9251	1244	1	a;s	a;s	NOUN
cjal-9251	1244	2	armour	armour	PROPN
cjal-9251	1244	3	&	&	CCONJ
cjal-9251	1244	4	cumming	cumming	PROPN
cjal-9251	1244	5	,	,	PUNCT
cjal-9251	1244	6	supra	supra	PROPN
cjal-9251	1244	7	note	note	NOUN
cjal-9251	1244	8	119	119	NUM
cjal-9251	1244	9	.	.	PUNCT
cjal-9251	1244	10	.	.	PUNCT
cjal-9251	1244	11	.	.	PUNCT
cjal-9251	1245	1	ai	ai	VERB
cjal-9251	1245	2	9	9	NUM
cjal-9251	1245	3	i	i	PRON
cjal-9251	1245	4	address	address	VERB
cjal-9251	1245	5	the	the	DET
cjal-9251	1245	6	correlation	correlation	NOUN
cjal-9251	1245	7	between	between	ADP
cjal-9251	1245	8	the	the	DET
cjal-9251	1245	9	stock	stock	NOUN
cjal-9251	1245	10	market	market	NOUN
cjal-9251	1245	11	and	and	CCONJ
cjal-9251	1245	12	the	the	DET
cjal-9251	1245	13	venture	venture	NOUN
cjal-9251	1245	14	capital	capital	NOUN
cjal-9251	1245	15	market	market	PROPN
cjal-9251	1245	16	m	m	PROPN
cjal-9251	1245	17	lin	lin	PROPN
cjal-9251	1245	18	,	,	PUNCT
cjal-9251	1245	19	supra	supra	PROPN
cjal-9251	1245	20	note	note	NOUN
cjal-9251	1245	21	61	61	NUM
cjal-9251	1245	22	.	.	PUNCT
cjal-9251	1245	23	.	.	PUNCT
cjal-9251	1246	1	=	=	NOUN
cjal-9251	1246	2	armour	armour	PROPN
cjal-9251	1246	3	&	&	CCONJ
cjal-9251	1246	4	cu	cu	PROPN
cjal-9251	1246	5	~	~	PROPN
cjal-9251	1246	6	g	g	PROPN
cjal-9251	1246	7	,	,	PUNCT
cjal-9251	1246	8	sup	sup	NOUN
cjal-9251	1246	9	~	~	PUNCT
cjal-9251	1246	10	a	a	DET
cjal-9251	1246	11	no_te	no_te	NOUN
cjal-9251	1246	12	ll"9	ll"9	PROPN
cjal-9251	1246	13	at	at	ADP
cjal-9251	1246	14	597	597	NUM
cjal-9251	1246	15	.	.	PUNCT
cjal-9251	1247	1	armour	armour	NOUN
cjal-9251	1247	2	and	and	CCONJ
cjal-9251	1247	3	cumming	cumming	NOUN
cjal-9251	1247	4	's	's	PART
cjal-9251	1247	5	empirical	empirical	ADJ
cjal-9251	1247	6	findings	finding	NOUN
cjal-9251	1247	7	show	show	VERB
cjal-9251	1247	8	that	that	SCONJ
cjal-9251	1247	9	the	the	DET
cjal-9251	1247	10	mvestor	mvestor	NOUN
cjal-9251	1247	11	fnendliness	fnendliness	NOUN
cjal-9251	1247	12	of	of	ADP
cjal-9251	1247	13	a	a	DET
cjal-9251	1247	14	country	country	NOUN
cjal-9251	1247	15	's	's	PART
cjal-9251	1247	16	legal	legal	ADJ
cjal-9251	1247	17	and	and	CCONJ
cjal-9251	1247	18	fiscal	fiscal	ADJ
cjal-9251	1247	19	enviro	enviro	NOUN
cjal-9251	1247	20	·	·	PUNCT
cjal-9251	1248	1	t	t	NOUN
cjal-9251	1248	2	·	·	PUNCT
cjal-9251	1248	3	·	·	PUNCT
cjal-9251	1248	4	ifi	ifi	PROPN
cjal-9251	1248	5	d	d	PROPN
cjal-9251	1248	6	.	.	PUNCT
cjal-9251	1249	1	nmen	nman	NOUN
cjal-9251	1249	2	ls	ls	PROPN
cjal-9251	1249	3	afi	afi	PROPN
cjal-9251	1249	4	sign	sign	NOUN
cjal-9251	1249	5	ca	can	AUX
cjal-9251	1249	6	nt	not	PART
cjal-9251	1249	7	etermmant	etermmant	VERB
cjal-9251	1249	8	of	of	ADP
cjal-9251	1249	9	the	the	DET
cjal-9251	1249	10	supply	supply	NOUN
cjal-9251	1249	11	of	of	ADP
cjal-9251	1249	12	venture	venture	NOUN
cjal-9251	1249	13	capital	capital	NOUN
cjal-9251	1249	14	investment	investment	NOUN
cjal-9251	1249	15	to	to	ADP
cjal-9251	1249	16	entrepreneurial	entrepreneurial	ADJ
cjal-9251	1249	17	rms	rm	NOUN
cjal-9251	1249	18	.	.	PUNCT
cjal-9251	1250	1	351	351	NUM
cjal-9251	1251	1	i	i	PROPN
cjal-9251	1251	2	d.	d.	PROPN
cjal-9251	1251	3	(	(	PUNCT
cjal-9251	1251	4	arguing	argue	VERB
cjal-9251	1251	5	that	that	SCONJ
cjal-9251	1251	6	a	a	DET
cjal-9251	1251	7	more	more	ADV
cjal-9251	1251	8	liberal	liberal	ADJ
cjal-9251	1251	9	personal	personal	ADJ
cjal-9251	1251	10	bankruptcy	bankruptcy	NOUN
cjal-9251	1251	11	law	law	NOUN
cjal-9251	1251	12	stimulates	stimulate	VERB
cjal-9251	1251	13	demand	demand	NOUN
cjal-9251	1251	14	for	for	ADP
cjal-9251	1251	15	venture	venture	NOUN
cjal-9251	1251	16	~ap1tal	~ap1tal	ADJ
cjal-9251	1251	17	finance	finance	NOUN
cjal-9251	1251	18	)	)	PUNCT
cjal-9251	1251	19	.	.	PUNCT
cjal-9251	1252	1	~~wever	~~wever	PUNCT
cjal-9251	1252	2	,	,	PUNCT
cjal-9251	1252	3	as	as	SCONJ
cjal-9251	1252	4	there	there	PRON
cjal-9251	1252	5	is	be	VERB
cjal-9251	1252	6	no	no	DET
cjal-9251	1252	7	personal	personal	ADJ
cjal-9251	1252	8	bankruptcy	bankruptcy	NOUN
cjal-9251	1252	9	law	law	NOUN
cjal-9251	1252	10	in	in	ADP
cjal-9251	1252	11	china	china	PROPN
cjal-9251	1252	12	,	,	PUNCT
cjal-9251	1252	13	this	this	DET
cjal-9251	1252	14	article	article	NOUN
cjal-9251	1252	15	will	will	AUX
cjal-9251	1252	16	not	not	PART
cjal-9251	1252	17	address	address	VERB
cjal-9251	1252	18	this	this	DET
cjal-9251	1252	19	issue	issue	NOUN
cjal-9251	1252	20	in	in	ADP
cjal-9251	1252	21	the	the	DET
cjal-9251	1252	22	context	context	NOUN
cjal-9251	1252	23	of	of	ADP
cjal-9251	1252	24	china	china	PROPN
cjal-9251	1252	25	.	.	PUNCT
cjal-9251	1253	1	2017	2017	NUM
cjal-9251	1253	2	]	]	PUNCT
cjal-9251	1253	3	engineering	engineer	VERB
cjal-9251	1253	4	a	a	DET
cjal-9251	1253	5	venture	venture	NOUN
cjal-9251	1253	6	capital	capital	NOUN
cjal-9251	1253	7	market	market	NOUN
cjal-9251	1253	8	213	213	NUM
cjal-9251	1253	9	appendixes	appendix	NOUN
cjal-9251	1253	10	appendix	appendix	VERB
cjal-9251	1253	11	1	1	NUM
cjal-9251	1253	12	:	:	PUNCT
cjal-9251	1253	13	legislative	legislative	ADJ
cjal-9251	1253	14	efforts	effort	NOUN
cjal-9251	1253	15	at	at	ADP
cjal-9251	1253	16	tackling	tackle	VERB
cjal-9251	1253	17	the	the	DET
cjal-9251	1253	18	simultaneity	simultaneity	NOUN
cjal-9251	1253	19	problem	problem	NOUN
cjal-9251	1253	20	in	in	ADP
cjal-9251	1253	21	china	china	PROPN
cjal-9251	1253	22	capital	capital	PROPN
cjal-9251	1253	23	legislative	legislative	ADJ
cjal-9251	1253	24	efforts	effort	NOUN
cjal-9251	1253	25	existing	exist	VERB
cjal-9251	1253	26	&	&	CCONJ
cjal-9251	1253	27	potential	potential	ADJ
cjal-9251	1253	28	problems	problem	NOUN
cjal-9251	1253	29	private	private	ADJ
cjal-9251	1253	30	capital	capital	NOUN
cjal-9251	1253	31	:	:	PUNCT
cjal-9251	1253	32	(	(	PUNCT
cjal-9251	1253	33	1	1	X
cjal-9251	1253	34	)	)	PUNCT
cjal-9251	1253	35	removed	remove	VERB
cjal-9251	1253	36	regu	regu	NOUN
cjal-9251	1253	37	latory	latory	NOUN
cjal-9251	1253	38	restrictions	restriction	NOUN
cjal-9251	1253	39	that	that	PRON
cjal-9251	1253	40	prevented	prevent	VERB
cjal-9251	1253	41	certain	certain	ADJ
cjal-9251	1253	42	institutional	institutional	ADJ
cjal-9251	1253	43	investors	investor	NOUN
cjal-9251	1253	44	from	from	ADP
cjal-9251	1253	45	investing	invest	VERB
cjal-9251	1253	46	in	in	ADP
cjal-9251	1253	47	vc	vc	PROPN
cjal-9251	1253	48	funds	fund	NOUN
cjal-9251	1253	49	,	,	PUNCT
cjal-9251	1253	50	thus	thus	ADV
cjal-9251	1253	51	broadening	broaden	VERB
cjal-9251	1253	52	the	the	DET
cjal-9251	1253	53	investor	investor	NOUN
cjal-9251	1253	54	base	base	NOUN
cjal-9251	1253	55	;	;	PUNCT
cjal-9251	1253	56	(	(	PUNCT
cjal-9251	1253	57	2	2	X
cjal-9251	1253	58	)	)	PUNCT
cjal-9251	1253	59	tax	tax	NOUN
cjal-9251	1253	60	incentives	incentive	NOUN
cjal-9251	1253	61	to	to	PART
cjal-9251	1253	62	attract	attract	VERB
cjal-9251	1253	63	private	private	ADJ
cjal-9251	1253	64	capital	capital	NOUN
cjal-9251	1253	65	in	in	ADP
cjal-9251	1253	66	vc	vc	PROPN
cjal-9251	1253	67	investments	investment	NOUN
cjal-9251	1253	68	;	;	PUNCT
cjal-9251	1253	69	(	(	PUNCT
cjal-9251	1253	70	3	3	X
cjal-9251	1253	71	)	)	PUNCT
cjal-9251	1253	72	foreign	foreign	ADJ
cjal-9251	1253	73	investors	investor	NOUN
cjal-9251	1253	74	were	be	AUX
cjal-9251	1253	75	progressively	progressively	ADV
cjal-9251	1253	76	permitted	permit	VERB
cjal-9251	1253	77	to	to	PART
cjal-9251	1253	78	make	make	VERB
cjal-9251	1253	79	equity	equity	NOUN
cjal-9251	1253	80	investments	investment	NOUN
cjal-9251	1253	81	through	through	ADP
cjal-9251	1253	82	various	various	ADJ
cjal-9251	1253	83	specia	specia	NOUN
cjal-9251	1253	84	l	l	NOUN
cjal-9251	1253	85	schemes	scheme	NOUN
cjal-9251	1253	86	;	;	PUNCT
cjal-9251	1253	87	(	(	PUNCT
cjal-9251	1253	88	4	4	X
cjal-9251	1253	89	)	)	PUNCT
cjal-9251	1253	90	regulatory	regulatory	ADJ
cjal-9251	1253	91	environment	environment	NOUN
cjal-9251	1253	92	for	for	ADP
cjal-9251	1253	93	exits	exit	NOUN
cjal-9251	1253	94	was	be	AUX
cjal-9251	1253	95	improved	improve	VERB
cjal-9251	1253	96	to	to	PART
cjal-9251	1253	97	attract	attract	VERB
cjal-9251	1253	98	venture	venture	NOUN
cjal-9251	1253	99	capital	capital	NOUN
cjal-9251	1253	100	investments	investment	NOUN
cjal-9251	1253	101	.	.	PUNCT
cjal-9251	1254	1	public	public	ADJ
cjal-9251	1254	2	capital	capital	NOUN
cjal-9251	1254	3	:	:	PUNCT
cjal-9251	1254	4	(	(	PUNCT
cjal-9251	1254	5	1	1	X
cjal-9251	1254	6	)	)	PUNCT
cjal-9251	1254	7	a	a	DET
cjal-9251	1254	8	large	large	ADJ
cjal-9251	1254	9	numb	numb	NOUN
cjal-9251	1254	10	er	er	INTJ
cjal-9251	1254	11	of	of	ADP
cjal-9251	1254	12	ggfs	ggfs	NOUN
cjal-9251	1254	13	were	be	AUX
cjal-9251	1254	14	set	set	VERB
cjal-9251	1254	15	up	up	ADP
cjal-9251	1254	16	to	to	PART
cjal-9251	1254	17	inject	inject	VERB
cjal-9251	1254	18	capital	capital	NOUN
cjal-9251	1254	19	into	into	ADP
cjal-9251	1254	20	the	the	DET
cjal-9251	1254	21	market	market	NOUN
cjal-9251	1254	22	,	,	PUNCT
cjal-9251	1254	23	with	with	ADP
cjal-9251	1254	24	the	the	DET
cjal-9251	1254	25	intention	intention	NOUN
cjal-9251	1254	26	of	of	ADP
cjal-9251	1254	27	attracting	attract	VERB
cjal-9251	1254	28	matching	matching	NOUN
cjal-9251	1254	29	capital	capital	NOUN
cjal-9251	1254	30	from	from	ADP
cjal-9251	1254	31	the	the	DET
cjal-9251	1254	32	private	private	ADJ
cjal-9251	1254	33	sector	sector	NOUN
cjal-9251	1254	34	;	;	PUNCT
cjal-9251	1254	35	(	(	PUNCT
cjal-9251	1254	36	2	2	X
cjal-9251	1254	37	)	)	PUNCT
cjal-9251	1254	38	the	the	DET
cjal-9251	1254	39	svcigf	svcigf	PROPN
cjal-9251	1254	40	scheme	scheme	PROPN
cjal-9251	1254	41	supports	support	VERB
cjal-9251	1254	42	a	a	DET
cjal-9251	1254	43	market	market	NOUN
cjal-9251	1254	44	-	-	PUNCT
cjal-9251	1254	45	oriented	orient	VERB
cjal-9251	1254	46	approach	approach	NOUN
cjal-9251	1254	47	to	to	ADP
cjal-9251	1254	48	capital	capital	PROPN
cjal-9251	1254	49	al	al	PROPN
cjal-9251	1254	50	location	location	NOUN
cjal-9251	1254	51	.	.	PUNCT
cjal-9251	1255	1	public	public	ADJ
cjal-9251	1255	2	capital	capital	NOUN
cjal-9251	1255	3	:	:	PUNCT
cjal-9251	1255	4	(	(	PUNCT
cjal-9251	1255	5	1	1	X
cjal-9251	1255	6	)	)	PUNCT
cjal-9251	1255	7	certain	certain	ADJ
cjal-9251	1255	8	local	local	ADJ
cjal-9251	1255	9	governments	government	NOUN
cjal-9251	1255	10	'	'	PART
cjal-9251	1255	11	heavy	heavy	ADJ
cjal-9251	1255	12	intervention	intervention	NOUN
cjal-9251	1255	13	in	in	ADP
cjal-9251	1255	14	the	the	DET
cjal-9251	1255	15	management	management	NOUN
cjal-9251	1255	16	of	of	ADP
cjal-9251	1255	17	the	the	DET
cjal-9251	1255	18	fund	fund	NOUN
cjal-9251	1255	19	and	and	CCONJ
cjal-9251	1255	20	allocation	allocation	NOUN
cjal-9251	1255	21	of	of	ADP
cjal-9251	1255	22	capital	capital	NOUN
cjal-9251	1255	23	;	;	PUNCT
cjal-9251	1255	24	(	(	PUNCT
cjal-9251	1255	25	2	2	X
cjal-9251	1255	26	)	)	PUNCT
cjal-9251	1255	27	governmenta	governmenta	NOUN
cjal-9251	1255	28	l	l	PROPN
cjal-9251	1255	29	guar	guar	NOUN
cjal-9251	1255	30	antees	antee	NOUN
cjal-9251	1255	31	of	of	ADP
cjal-9251	1255	32	investment	investment	NOUN
cjal-9251	1255	33	losses	loss	NOUN
cjal-9251	1255	34	;	;	PUNCT
cjal-9251	1255	35	(	(	PUNCT
cjal-9251	1255	36	3	3	X
cjal-9251	1255	37	)	)	PUNCT
cjal-9251	1255	38	comp	comp	NOUN
cjal-9251	1255	39	licated	licate	VERB
cjal-9251	1255	40	internal	internal	ADJ
cjal-9251	1255	41	structure	structure	NOUN
cjal-9251	1255	42	of	of	ADP
cjal-9251	1255	43	local	local	ADJ
cjal-9251	1255	44	ggfs	ggfs	NOUN
cjal-9251	1255	45	.	.	PUNCT
cjal-9251	1256	1	suggestions	suggestion	NOUN
cjal-9251	1256	2	public	public	ADJ
cjal-9251	1256	3	capital	capital	NOUN
cjal-9251	1256	4	:	:	PUNCT
cjal-9251	1256	5	(	(	PUNCT
cjal-9251	1256	6	1	1	X
cjal-9251	1256	7	)	)	PUNCT
cjal-9251	1256	8	governmental	governmental	ADJ
cjal-9251	1256	9	guarantees	guarantee	NOUN
cjal-9251	1256	10	of	of	ADP
cjal-9251	1256	11	investment	investment	NOUN
cjal-9251	1256	12	losses	loss	NOUN
cjal-9251	1256	13	should	should	AUX
cjal-9251	1256	14	be	be	AUX
cjal-9251	1256	15	abolished	abolish	VERB
cjal-9251	1256	16	;	;	PUNCT
cjal-9251	1256	17	(	(	PUNCT
cjal-9251	1256	18	2	2	X
cjal-9251	1256	19	)	)	PUNCT
cjal-9251	1256	20	governmental	governmental	ADJ
cjal-9251	1256	21	intervention	intervention	NOUN
cjal-9251	1256	22	in	in	ADP
cjal-9251	1256	23	the	the	DET
cjal-9251	1256	24	selection	selection	NOUN
cjal-9251	1256	25	of	of	ADP
cjal-9251	1256	26	portfolio	portfolio	NOUN
cjal-9251	1256	27	companies	company	NOUN
cjal-9251	1256	28	and	and	CCONJ
cjal-9251	1256	29	funds	fund	NOUN
cjal-9251	1256	30	'	'	PART
cjal-9251	1256	31	managers	manager	NOUN
cjal-9251	1256	32	should	should	AUX
cjal-9251	1256	33	be	be	AUX
cjal-9251	1256	34	restricted	restrict	VERB
cjal-9251	1256	35	;	;	PUNCT
cjal-9251	1256	36	(	(	PUNCT
cjal-9251	1256	37	3	3	X
cjal-9251	1256	38	)	)	PUNCT
cjal-9251	1256	39	the	the	DET
cjal-9251	1256	40	structure	structure	NOUN
cjal-9251	1256	41	of	of	ADP
cjal-9251	1256	42	the	the	DET
cjal-9251	1256	43	local	local	ADJ
cjal-9251	1256	44	ggfs	ggfs	NOUN
cjal-9251	1256	45	should	should	AUX
cjal-9251	1256	46	be	be	AUX
cjal-9251	1256	47	simplified	simplify	VERB
cjal-9251	1256	48	to	to	PART
cjal-9251	1256	49	reduce	reduce	VERB
cjal-9251	1256	50	bureaucracy	bureaucracy	NOUN
cjal-9251	1256	51	;	;	PUNCT
cjal-9251	1256	52	(	(	PUNCT
cjal-9251	1256	53	4	4	X
cjal-9251	1256	54	)	)	PUNCT
cjal-9251	1256	55	a	a	DET
cjal-9251	1256	56	well	well	ADV
cjal-9251	1256	57	-	-	PUNCT
cjal-9251	1256	58	designed	design	VERB
cjal-9251	1256	59	appraisal	appraisal	NOUN
cjal-9251	1256	60	and	and	CCONJ
cjal-9251	1256	61	compensation	compensation	NOUN
cjal-9251	1256	62	system	system	NOUN
cjal-9251	1256	63	should	should	AUX
cjal-9251	1256	64	be	be	AUX
cjal-9251	1256	65	established	establish	VERB
cjal-9251	1256	66	to	to	PART
cjal-9251	1256	67	provide	provide	VERB
cjal-9251	1256	68	right	right	ADJ
cjal-9251	1256	69	incentives	incentive	NOUN
cjal-9251	1256	70	;	;	PUNCT
cjal-9251	1256	71	(	(	PUNCT
cjal-9251	1256	72	5	5	X
cjal-9251	1256	73	)	)	PUNCT
cjal-9251	1256	74	continuous	continuous	ADJ
cjal-9251	1256	75	education	education	NOUN
cjal-9251	1256	76	of	of	ADP
cjal-9251	1256	77	government	government	NOUN
cjal-9251	1256	78	officia	officia	PROPN
cjal-9251	1256	79	ls	ls	ADJ
cjal-9251	1256	80	on	on	ADP
cjal-9251	1256	81	the	the	DET
cjal-9251	1256	82	nature	nature	NOUN
cjal-9251	1256	83	of	of	ADP
cjal-9251	1256	84	the	the	DET
cjal-9251	1256	85	vc	vc	PROPN
cjal-9251	1256	86	industry	industry	NOUN
cjal-9251	1256	87	.	.	PUNCT
cjal-9251	1257	1	214	214	NUM
cjal-9251	1257	2	specialized	specialized	ADJ
cjal-9251	1257	3	financial	financial	ADJ
cjal-9251	1257	4	intermediaries	intermediary	NOUN
cjal-9251	1257	5	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1257	6	columbia	columbia	PROPN
cjal-9251	1257	7	journal	journal	PROPN
cjal-9251	1257	8	of	of	ADP
cjal-9251	1257	9	asian	asian	ADJ
cjal-9251	1257	10	law	law	NOUN
cjal-9251	1257	11	legislative	legislative	ADJ
cjal-9251	1257	12	efforts	effort	NOUN
cjal-9251	1257	13	existing	exist	VERB
cjal-9251	1257	14	&	&	CCONJ
cjal-9251	1257	15	potential	potential	ADJ
cjal-9251	1257	16	problems	problem	NOUN
cjal-9251	1257	17	(	(	PUNCT
cjal-9251	1257	18	1	1	X
cjal-9251	1257	19	)	)	PUNCT
cjal-9251	1257	20	the	the	DET
cjal-9251	1257	21	limited	limited	ADJ
cjal-9251	1257	22	partnership	partnership	NOUN
cjal-9251	1257	23	was	be	AUX
cjal-9251	1257	24	introduced	introduce	VERB
cjal-9251	1257	25	;	;	PUNCT
cjal-9251	1257	26	(	(	PUNCT
cjal-9251	1257	27	2	2	X
cjal-9251	1257	28	)	)	PUNCT
cjal-9251	1257	29	various	various	ADJ
cjal-9251	1257	30	foreign	foreign	ADJ
cjal-9251	1257	31	investment	investment	NOUN
cjal-9251	1257	32	vehicles	vehicle	NOUN
cjal-9251	1257	33	were	be	AUX
cjal-9251	1257	34	introduced	introduce	VERB
cjal-9251	1257	35	to	to	PART
cjal-9251	1257	36	attract	attract	VERB
cjal-9251	1257	37	foreign	foreign	ADJ
cjal-9251	1257	38	capital	capital	NOUN
cjal-9251	1257	39	.	.	PUNCT
cjal-9251	1258	1	(	(	PUNCT
cjal-9251	1258	2	1	1	X
cjal-9251	1258	3	)	)	PUNCT
cjal-9251	1258	4	the	the	DET
cjal-9251	1258	5	government	government	NOUN
cjal-9251	1258	6	has	have	AUX
cjal-9251	1258	7	embarked	embark	VERB
cjal-9251	1258	8	on	on	ADP
cjal-9251	1258	9	a	a	DET
cjal-9251	1258	10	policy	policy	NOUN
cjal-9251	1258	11	of	of	ADP
cjal-9251	1258	12	encouraging	encourage	VERB
cjal-9251	1258	13	mass	mass	ADJ
cjal-9251	1258	14	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1258	15	and	and	CCONJ
cjal-9251	1258	16	mass	mass	NOUN
cjal-9251	1258	17	innovation	innovation	NOUN
cjal-9251	1258	18	through	through	ADP
cjal-9251	1258	19	institutional	institutional	ADJ
cjal-9251	1258	20	measures	measure	NOUN
cjal-9251	1258	21	;	;	PUNCT
cjal-9251	1258	22	(	(	PUNCT
cjal-9251	1258	23	2	2	X
cjal-9251	1258	24	)	)	PUNCT
cjal-9251	1258	25	the	the	DET
cjal-9251	1258	26	company	company	NOUN
cjal-9251	1258	27	law	law	NOUN
cjal-9251	1258	28	,	,	PUNCT
cjal-9251	1258	29	tax	tax	NOUN
cjal-9251	1258	30	law	law	NOUN
cjal-9251	1258	31	and	and	CCONJ
cjal-9251	1258	32	securities	security	NOUN
cjal-9251	1258	33	law	law	NOUN
cjal-9251	1258	34	were	be	AUX
cjal-9251	1258	35	revised	revise	VERB
cjal-9251	1258	36	to	to	PART
cjal-9251	1258	37	facilitate	facilitate	VERB
cjal-9251	1258	38	setting	set	VERB
cjal-9251	1258	39	up	up	ADP
cjal-9251	1258	40	and	and	CCONJ
cjal-9251	1258	41	doing	do	VERB
cjal-9251	1258	42	business	business	NOUN
cjal-9251	1258	43	;	;	PUNCT
cjal-9251	1258	44	(	(	PUNCT
cjal-9251	1258	45	3	3	X
cjal-9251	1258	46	)	)	PUNCT
cjal-9251	1258	47	a	a	DET
cjal-9251	1258	48	large	large	ADJ
cjal-9251	1258	49	number	number	NOUN
cjal-9251	1258	50	of	of	ADP
cjal-9251	1258	51	substantive	substantive	ADJ
cjal-9251	1258	52	laws	law	NOUN
cjal-9251	1258	53	were	be	AUX
cjal-9251	1258	54	promulgated	promulgate	VERB
cjal-9251	1258	55	or	or	CCONJ
cjal-9251	1258	56	revised	revise	VERB
cjal-9251	1258	57	to	to	PART
cjal-9251	1258	58	improve	improve	VERB
cjal-9251	1258	59	it	it	PRON
cjal-9251	1258	60	infrastructure	infrastructure	NOUN
cjal-9251	1258	61	.	.	PUNCT
cjal-9251	1259	1	(	(	PUNCT
cjal-9251	1259	2	1	1	X
cjal-9251	1259	3	)	)	PUNCT
cjal-9251	1259	4	regulatory	regulatory	ADJ
cjal-9251	1259	5	problems	problem	NOUN
cjal-9251	1259	6	concerning	concern	VERB
cjal-9251	1259	7	the	the	DET
cjal-9251	1259	8	limited	limited	ADJ
cjal-9251	1259	9	partnership	partnership	NOUN
cjal-9251	1259	10	;	;	PUNCT
cjal-9251	1259	11	(	(	PUNCT
cjal-9251	1259	12	2	2	X
cjal-9251	1259	13	)	)	PUNCT
cjal-9251	1259	14	private	private	ADJ
cjal-9251	1259	15	ordering	ordering	NOUN
cjal-9251	1259	16	problems	problem	NOUN
cjal-9251	1259	17	for	for	ADP
cjal-9251	1259	18	limited	limited	ADJ
cjal-9251	1259	19	partnerships	partnership	NOUN
cjal-9251	1259	20	:	:	PUNCT
cjal-9251	1259	21	lp	lp	ADJ
cjal-9251	1259	22	activism	activism	NOUN
cjal-9251	1259	23	and	and	CCONJ
cjal-9251	1259	24	internal	internal	ADJ
cjal-9251	1259	25	conflicts	conflict	NOUN
cjal-9251	1259	26	.	.	PUNCT
cjal-9251	1260	1	(	(	PUNCT
cjal-9251	1260	2	1	1	X
cjal-9251	1260	3	)	)	PUNCT
cjal-9251	1260	4	excessive	excessive	ADJ
cjal-9251	1260	5	tax	tax	NOUN
cjal-9251	1260	6	preference	preference	NOUN
cjal-9251	1260	7	treatment	treatment	NOUN
cjal-9251	1260	8	is	be	AUX
cjal-9251	1260	9	given	give	VERB
cjal-9251	1260	10	at	at	ADP
cjal-9251	1260	11	the	the	DET
cjal-9251	1260	12	local	local	ADJ
cjal-9251	1260	13	level	level	NOUN
cjal-9251	1260	14	;	;	PUNCT
cjal-9251	1260	15	(	(	PUNCT
cjal-9251	1260	16	2	2	X
cjal-9251	1260	17	)	)	PUNCT
cjal-9251	1260	18	a	a	DET
cjal-9251	1260	19	lack	lack	NOUN
cjal-9251	1260	20	of	of	ADP
cjal-9251	1260	21	personal	personal	ADJ
cjal-9251	1260	22	bankruptcy	bankruptcy	NOUN
cjal-9251	1260	23	law	law	NOUN
cjal-9251	1260	24	and	and	CCONJ
cjal-9251	1260	25	a	a	DET
cjal-9251	1260	26	lack	lack	NOUN
cjal-9251	1260	27	of	of	ADP
cjal-9251	1260	28	dual	dual	ADJ
cjal-9251	1260	29	class	class	NOUN
cjal-9251	1260	30	structure	structure	NOUN
cjal-9251	1260	31	;	;	PUNCT
cjal-9251	1260	32	(	(	PUNCT
cjal-9251	1260	33	3	3	X
cjal-9251	1260	34	)	)	PUNCT
cjal-9251	1260	35	a	a	DET
cjal-9251	1260	36	lack	lack	NOUN
cjal-9251	1260	37	of	of	ADP
cjal-9251	1260	38	dualclass	dualclass	NOUN
cjal-9251	1260	39	stock	stock	NOUN
cjal-9251	1260	40	structure	structure	NOUN
cjal-9251	1260	41	under	under	ADP
cjal-9251	1260	42	chinese	chinese	ADJ
cjal-9251	1260	43	corporate	corporate	ADJ
cjal-9251	1260	44	law	law	NOUN
cjal-9251	1260	45	;	;	PUNCT
cjal-9251	1260	46	(	(	PUNCT
cjal-9251	1260	47	4	4	X
cjal-9251	1260	48	)	)	PUNCT
cjal-9251	1260	49	ip	ip	NOUN
cjal-9251	1260	50	rights	right	NOUN
cjal-9251	1260	51	are	be	AUX
cjal-9251	1260	52	insufficiently	insufficiently	ADV
cjal-9251	1260	53	protected	protect	VERB
cjal-9251	1260	54	.	.	PUNCT
cjal-9251	1261	1	[	[	X
cjal-9251	1261	2	vol	vol	NOUN
cjal-9251	1261	3	.	.	NOUN
cjal-9251	1261	4	30:160	30:160	NUM
cjal-9251	1261	5	suggestions	suggestion	NOUN
cjal-9251	1261	6	addressing	address	VERB
cjal-9251	1261	7	regulatory	regulatory	ADJ
cjal-9251	1261	8	problems	problem	NOUN
cjal-9251	1261	9	concerning	concern	VERB
cjal-9251	1261	10	the	the	DET
cjal-9251	1261	11	limited	limited	ADJ
cjal-9251	1261	12	partnership	partnership	NOUN
cjal-9251	1261	13	vehicle	vehicle	NOUN
cjal-9251	1261	14	such	such	ADJ
cjal-9251	1261	15	as	as	ADP
cjal-9251	1261	16	by	by	ADP
cjal-9251	1261	17	removing	remove	VERB
cjal-9251	1261	18	the	the	DET
cjal-9251	1261	19	maximum	maximum	ADJ
cjal-9251	1261	20	number	number	NOUN
cjal-9251	1261	21	of	of	ADP
cjal-9251	1261	22	partners	partner	NOUN
cjal-9251	1261	23	and	and	CCONJ
cjal-9251	1261	24	providing	provide	VERB
cjal-9251	1261	25	more	more	ADV
cjal-9251	1261	26	detailed	detailed	ADJ
cjal-9251	1261	27	statutory	statutory	ADJ
cjal-9251	1261	28	rules	rule	NOUN
cjal-9251	1261	29	on	on	ADP
cjal-9251	1261	30	partners	partner	NOUN
cjal-9251	1261	31	'	'	PART
cjal-9251	1261	32	duties	duty	NOUN
cjal-9251	1261	33	and	and	CCONJ
cjal-9251	1261	34	lps	lps	PROPN
cjal-9251	1261	35	'	'	PART
cjal-9251	1261	36	derivative	derivative	ADJ
cjal-9251	1261	37	action	action	NOUN
cjal-9251	1261	38	.	.	PUNCT
cjal-9251	1262	1	(	(	PUNCT
cjal-9251	1262	2	1	1	X
cjal-9251	1262	3	)	)	PUNCT
cjal-9251	1262	4	consider	consider	VERB
cjal-9251	1262	5	promulgating	promulgate	VERB
cjal-9251	1262	6	personal	personal	ADJ
cjal-9251	1262	7	bankruptcy	bankruptcy	NOUN
cjal-9251	1262	8	law	law	NOUN
cjal-9251	1262	9	to	to	PART
cjal-9251	1262	10	ensure	ensure	VERB
cjal-9251	1262	11	that	that	SCONJ
cjal-9251	1262	12	honest	honest	ADJ
cjal-9251	1262	13	failed	fail	VERB
cjal-9251	1262	14	entrepreneurs	entrepreneur	NOUN
cjal-9251	1262	15	are	be	AUX
cjal-9251	1262	16	protected	protect	VERB
cjal-9251	1262	17	and	and	CCONJ
cjal-9251	1262	18	given	give	VERB
cjal-9251	1262	19	a	a	DET
cjal-9251	1262	20	fresh	fresh	ADJ
cjal-9251	1262	21	start	start	NOUN
cjal-9251	1262	22	;	;	PUNCT
cjal-9251	1262	23	(	(	PUNCT
cjal-9251	1262	24	2	2	X
cjal-9251	1262	25	)	)	PUNCT
cjal-9251	1262	26	consider	consider	VERB
cjal-9251	1262	27	adopting	adopt	VERB
cjal-9251	1262	28	the	the	DET
cjal-9251	1262	29	dual	dual	ADJ
cjal-9251	1262	30	class	class	NOUN
cjal-9251	1262	31	stock	stock	NOUN
cjal-9251	1262	32	structure	structure	NOUN
cjal-9251	1262	33	;	;	PUNCT
cjal-9251	1262	34	(	(	PUNCT
cjal-9251	1262	35	3	3	X
cjal-9251	1262	36	)	)	PUNCT
cjal-9251	1262	37	ip	ip	NOUN
cjal-9251	1262	38	rights	right	NOUN
cjal-9251	1262	39	protection	protection	NOUN
cjal-9251	1262	40	should	should	AUX
cjal-9251	1262	41	be	be	AUX
cjal-9251	1262	42	enhanced	enhance	VERB
cjal-9251	1262	43	.	.	PUNCT
cjal-9251	1263	1	2017	2017	NUM
cjal-9251	1263	2	]	]	PUNCT
cjal-9251	1263	3	engineering	engineer	VERB
cjal-9251	1263	4	a	a	DET
cjal-9251	1263	5	venture	venture	NOUN
cjal-9251	1263	6	capital	capital	NOUN
cjal-9251	1263	7	market	market	NOUN
cjal-9251	1263	8	215	215	NUM
cjal-9251	1263	9	appendix	appendix	NOUN
cjal-9251	1263	10	2	2	NUM
cjal-9251	1263	11	:	:	PUNCT
cjal-9251	1263	12	legal	legal	ADJ
cjal-9251	1263	13	developments	development	NOUN
cjal-9251	1263	14	and	and	CCONJ
cjal-9251	1263	15	the	the	DET
cjal-9251	1263	16	government	government	NOUN
cjal-9251	1263	17	's	's	PART
cjal-9251	1263	18	role	role	NOUN
cjal-9251	1263	19	in	in	ADP
cjal-9251	1263	20	developing	develop	VERB
cjal-9251	1263	21	the	the	DET
cjal-9251	1263	22	venture	venture	NOUN
cjal-9251	1263	23	capital	capital	NOUN
cjal-9251	1263	24	market	market	NOUN
cjal-9251	1263	25	of	of	ADP
cjal-9251	1263	26	china	china	PROPN
cjal-9251	1263	27	1978	1978	NUM
cjal-9251	1263	28	-	-	SYM
cjal-9251	1263	29	2016352	2016352	NUM
cjal-9251	1263	30	dates	date	VERB
cjal-9251	1263	31	feb	feb	PROPN
cjal-9251	1263	32	.	.	PROPN
cjal-9251	1263	33	9	9	NUM
cjal-9251	1263	34	,	,	PUNCT
cjal-9251	1263	35	2006	2006	NUM
cjal-9251	1263	36	july	july	PROPN
cjal-9251	1263	37	6	6	NUM
cjal-9251	1263	38	,	,	PUNCT
cjal-9251	1263	39	2007	2007	NUM
cjal-9251	1263	40	june	june	PROPN
cjal-9251	1263	41	5	5	NUM
cjal-9251	1263	42	,	,	PUNCT
cjal-9251	1263	43	2008	2008	NUM
cjal-9251	1263	44	oct	oct	NOUN
cjal-9251	1263	45	.	.	PROPN
cjal-9251	1263	46	18	18	NUM
cjal-9251	1263	47	,	,	PUNCT
cjal-9251	1263	48	2008	2008	NUM
cjal-9251	1263	49	sept	sept	PROPN
cjal-9251	1263	50	.	.	PUNCT
cjal-9251	1263	51	5,2010	5,2010	NUM
cjal-9251	1263	52	law	law	NOUN
cjal-9251	1263	53	/	/	SYM
cjal-9251	1263	54	policy	policy	NOUN
cjal-9251	1263	55	capital	capital	NOUN
cjal-9251	1263	56	"	"	PUNCT
cjal-9251	1263	57	outlin	outlin	PROPN
cjal-9251	1263	58	e	e	PROPN
cjal-9251	1263	59	of	of	ADP
cjal-9251	1263	60	the	the	DET
cjal-9251	1263	61	national	national	ADJ
cjal-9251	1263	62	medium	medium	ADJ
cjal-9251	1263	63	and	and	CCONJ
cjal-9251	1263	64	long	long	ADJ
cjal-9251	1263	65	-	-	PUNCT
cjal-9251	1263	66	term	term	NOUN
cjal-9251	1263	67	science	science	NOUN
cjal-9251	1263	68	and	and	CCONJ
cjal-9251	1263	69	technology	technology	NOUN
cjal-9251	1263	70	development	development	NOUN
cjal-9251	1263	71	plan	plan	NOUN
cjal-9251	1263	72	"	"	PUNCT
cjal-9251	1263	73	(	(	PUNCT
cjal-9251	1263	74	2006	2006	NUM
cjal-9251	1263	75	-	-	SYM
cjal-9251	1263	76	2020	2020	NUM
cjal-9251	1263	77	)	)	PUNCT
cjal-9251	1263	78	published	publish	VERB
cjal-9251	1263	79	.	.	PUNCT
cjal-9251	1264	1	303	303	NUM
cjal-9251	1264	2	"	"	PUNCT
cjal-9251	1264	3	interi	interi	ADJ
cjal-9251	1264	4	m	m	NOUN
cjal-9251	1264	5	measures	measure	NOUN
cjal-9251	1264	6	for	for	ADP
cjal-9251	1264	7	the	the	DET
cjal-9251	1264	8	management	management	NOUN
cjal-9251	1264	9	of	of	ADP
cjal-9251	1264	10	venture	venture	NOUN
cjal-9251	1264	11	capital	capital	NOUN
cjal-9251	1264	12	guidance	guidance	NOUN
cjal-9251	1264	13	funds	fund	NOUN
cjal-9251	1264	14	which	which	PRON
cjal-9251	1264	15	support	support	VERB
cjal-9251	1264	16	science	science	NOUN
cjal-9251	1264	17	and	and	CCONJ
cjal-9251	1264	18	technology	technology	NOUN
cjal-9251	1264	19	-	-	PUNCT
cjal-9251	1264	20	based	base	VERB
cjal-9251	1264	21	small	small	ADJ
cjal-9251	1264	22	and	and	CCONJ
cjal-9251	1264	23	medium	medium	ADJ
cjal-9251	1264	24	enterprises	enterprise	NOUN
cjal-9251	1264	25	"	"	PUNCT
cjal-9251	1264	26	publi	publi	NOUN
cjal-9251	1264	27	shed	shed	VERB
cjal-9251	1264	28	.	.	PUNCT
cjal-9251	1265	1	351	351	NUM
cjal-9251	1265	2	national	national	ADJ
cjal-9251	1265	3	social	social	ADJ
cjal-9251	1265	4	security	security	NOUN
cjal-9251	1265	5	fund	fund	NOUN
cjal-9251	1265	6	was	be	AUX
cjal-9251	1265	7	allowed	allow	VERB
cjal-9251	1265	8	to	to	PART
cjal-9251	1265	9	make	make	VERB
cjal-9251	1265	10	equity	equity	NOUN
cjal-9251	1265	11	investments	investment	NOUN
cjal-9251	1265	12	.	.	PUNCT
cjal-9251	1266	1	3	3	NUM
cjal-9251	1266	2	m	m	NOUN
cjal-9251	1266	3	"	"	PUNCT
cjal-9251	1266	4	guidance	guidance	NOUN
cjal-9251	1266	5	on	on	ADP
cjal-9251	1266	6	the	the	DET
cjal-9251	1266	7	establishment	establishment	NOUN
cjal-9251	1266	8	and	and	CCONJ
cjal-9251	1266	9	operation	operation	NOUN
cjal-9251	1266	10	of	of	ADP
cjal-9251	1266	11	the	the	DET
cjal-9251	1266	12	venture	venture	NOUN
cjal-9251	1266	13	capital	capital	NOUN
cjal-9251	1266	14	guidance	guidance	NOUN
cjal-9251	1266	15	funds	fund	NOUN
cjal-9251	1266	16	"	"	PUNCT
cjal-9251	1266	17	published	publish	VERB
cjal-9251	1266	18	.	.	PUNCT
cjal-9251	1267	1	306	306	NUM
cjal-9251	1267	2	"	"	PUNCT
cjal-9251	1267	3	interim	interim	ADJ
cjal-9251	1267	4	measures	measure	NOUN
cjal-9251	1267	5	for	for	ADP
cjal-9251	1267	6	equity	equity	NOUN
cjal-9251	1267	7	investment	investment	NOUN
cjal-9251	1267	8	with	with	ADP
cjal-9251	1267	9	insurance	insurance	NOUN
cjal-9251	1267	10	.funds	.funds	PUNCT
cjal-9251	1267	11	"	"	PUNCT
cjal-9251	1267	12	issued	issue	VERB
cjal-9251	1267	13	.	.	PUNCT
cjal-9251	1268	1	357	357	NUM
cjal-9251	1268	2	implications	implication	NOUN
cjal-9251	1268	3	for	for	ADP
cjal-9251	1268	4	vc	vc	PROPN
cjal-9251	1268	5	market	market	NOUN
cjal-9251	1268	6	encouraged	encourage	VERB
cjal-9251	1268	7	setting	set	VERB
cjal-9251	1268	8	up	up	ADP
cjal-9251	1268	9	guidance	guidance	NOUN
cjal-9251	1268	10	funds	fund	NOUN
cjal-9251	1268	11	to	to	PART
cjal-9251	1268	12	support	support	VERB
cjal-9251	1268	13	start	start	NOUN
cjal-9251	1268	14	-	-	PUNCT
cjal-9251	1268	15	ups	up	NOUN
cjal-9251	1268	16	in	in	ADP
cjal-9251	1268	17	the	the	DET
cjal-9251	1268	18	seed	seed	NOUN
cjal-9251	1268	19	stage	stage	NOUN
cjal-9251	1268	20	.	.	PUNCT
cjal-9251	1269	1	introduced	introduce	VERB
cjal-9251	1269	2	institutional	institutional	ADJ
cjal-9251	1269	3	mechanisms	mechanism	NOUN
cjal-9251	1269	4	to	to	PART
cjal-9251	1269	5	encourage	encourage	VERB
cjal-9251	1269	6	innovation	innovation	NOUN
cjal-9251	1269	7	and	and	CCONJ
cjal-9251	1269	8	support	support	VERB
cjal-9251	1269	9	high	high	ADJ
cjal-9251	1269	10	-	-	PUNCT
cjal-9251	1269	11	tech	tech	NOUN
cjal-9251	1269	12	start	start	NOUN
cjal-9251	1269	13	-	-	PUNCT
cjal-9251	1269	14	ups	up	NOUN
cjal-9251	1269	15	.	.	PUNCT
cjal-9251	1270	1	greatly	greatly	ADV
cjal-9251	1270	2	increased	increase	VERB
cjal-9251	1270	3	the	the	DET
cjal-9251	1270	4	vc	vc	PROPN
cjal-9251	1270	5	funding	funding	NOUN
cjal-9251	1270	6	.	.	PUNCT
cjal-9251	1271	1	provided	provide	VERB
cjal-9251	1271	2	clear	clear	ADJ
cjal-9251	1271	3	guidance	guidance	NOUN
cjal-9251	1271	4	on	on	ADP
cjal-9251	1271	5	the	the	DET
cjal-9251	1271	6	guidance	guidance	NOUN
cjal-9251	1271	7	funds	fund	NOUN
cjal-9251	1271	8	.	.	PUNCT
cjal-9251	1272	1	insurance	insurance	NOUN
cjal-9251	1272	2	funds	fund	NOUN
cjal-9251	1272	3	were	be	AUX
cjal-9251	1272	4	allowed	allow	VERB
cjal-9251	1272	5	to	to	PART
cjal-9251	1272	6	invest	invest	VERB
cjal-9251	1272	7	in	in	ADP
cjal-9251	1272	8	vc	vc	PROPN
cjal-9251	1272	9	funds	fund	NOUN
cjal-9251	1272	10	.	.	PUNCT
cjal-9251	1273	1	352	352	NUM
cjal-9251	1273	2	this	this	DET
cjal-9251	1273	3	table	table	NOUN
cjal-9251	1273	4	seeks	seek	VERB
cjal-9251	1273	5	to	to	PART
cjal-9251	1273	6	highlight	highlight	VERB
cjal-9251	1273	7	the	the	DET
cjal-9251	1273	8	most	most	ADV
cjal-9251	1273	9	important	important	ADJ
cjal-9251	1273	10	legal	legal	ADJ
cjal-9251	1273	11	developments	development	NOUN
cjal-9251	1273	12	in	in	ADP
cjal-9251	1273	13	relation	relation	NOUN
cjal-9251	1273	14	to	to	ADP
cjal-9251	1273	15	the	the	DET
cjal-9251	1273	16	development	development	NOUN
cjal-9251	1273	17	of	of	ADP
cjal-9251	1273	18	the	the	DET
cjal-9251	1273	19	vc	vc	PROPN
cjal-9251	1273	20	market	market	NOUN
cjal-9251	1273	21	in	in	ADP
cjal-9251	1273	22	china	china	PROPN
cjal-9251	1273	23	.	.	PUNCT
cjal-9251	1274	1	353	353	NUM
cjal-9251	1274	2	guojia	guojia	NOUN
cjal-9251	1274	3	zhongchangqi	zhongchangqi	PROPN
cjal-9251	1274	4	kexue	kexue	PROPN
cjal-9251	1274	5	he	he	PRON
cjal-9251	1274	6	jishu	jishu	NOUN
cjal-9251	1274	7	fazhan	fazhan	NOUN
cjal-9251	1274	8	guiha	guiha	ADJ
cjal-9251	1274	9	gangyao	gangyao	NOUN
cjal-9251	1274	10	(	(	PUNCT
cjal-9251	1274	11	2006	2006	NUM
cjal-9251	1274	12	2020	2020	NUM
cjal-9251	1274	13	nian	nian	ADJ
cjal-9251	1274	14	)	)	PUNCT
cjal-9251	1274	15	(	(	PUNCT
cjal-9251	1274	16	!	!	X
cjal-9251	1274	17	ei5(cp	ei5(cp	NOUN
cjal-9251	1274	18	-	-	PUNCT
cjal-9251	1274	19	f.(:.jvj	f.(:.jvj	NOUN
cjal-9251	1274	20	,	,	PUNCT
cjal-9251	1274	21	m~;f;!ltt*.titlih'.e:!w!:liilll	m~;f;!ltt*.titlih'.e:!w!:liilll	NOUN
cjal-9251	1274	22	!	!	PUNCT
cjal-9251	1275	1	(	(	PUNCT
cjal-9251	1275	2	2006	2006	NUM
cjal-9251	1275	3	-	-	SYM
cjal-9251	1275	4	2020	2020	NUM
cjal-9251	1275	5	~	~	PUNCT
cjal-9251	1275	6	)	)	PUNCT
cjal-9251	1275	7	)	)	PUNCT
cjal-9251	1276	1	[	[	X
cjal-9251	1276	2	national	national	ADJ
cjal-9251	1276	3	medium	medium	ADJ
cjal-9251	1276	4	and	and	CCONJ
cjal-9251	1276	5	long	long	ADJ
cjal-9251	1276	6	term	term	NOUN
cjal-9251	1276	7	development	development	NOUN
cjal-9251	1276	8	plan	plan	NOUN
cjal-9251	1276	9	for	for	ADP
cjal-9251	1276	10	science	science	NOUN
cjal-9251	1276	11	and	and	CCONJ
cjal-9251	1276	12	technology	technology	NOUN
cjal-9251	1276	13	(	(	PUNCT
cjal-9251	1276	14	2006	2006	NUM
cjal-9251	1276	15	2020	2020	NUM
cjal-9251	1276	16	)	)	PUNCT
cjal-9251	1276	17	)	)	PUNCT
cjal-9251	1276	18	(	(	PUNCT
cjal-9251	1276	19	promulgated	promulgate	VERB
cjal-9251	1276	20	by	by	ADP
cjal-9251	1276	21	the	the	DET
cjal-9251	1276	22	nat	nat	NOUN
cjal-9251	1276	23	'	'	PUNCT
cjal-9251	1276	24	!	!	PUNCT
cjal-9251	1277	1	assembly	assembly	PROPN
cjal-9251	1277	2	,	,	PUNCT
cjal-9251	1277	3	feb	feb	PROPN
cjal-9251	1277	4	.	.	PROPN
cjal-9251	1277	5	9	9	NUM
cjal-9251	1277	6	,	,	PUNCT
cjal-9251	1277	7	2006	2006	NUM
cjal-9251	1277	8	,	,	PUNCT
cjal-9251	1277	9	effective	effective	ADJ
cjal-9251	1277	10	feb	feb	PROPN
cjal-9251	1277	11	.	.	PROPN
cjal-9251	1277	12	9	9	NUM
cjal-9251	1277	13	,	,	PUNCT
cjal-9251	1277	14	2006	2006	NUM
cjal-9251	1277	15	)	)	PUNCT
cjal-9251	1277	16	,	,	PUNCT
cjal-9251	1278	1	http://bit.ly/2ssxtr2	http://bit.ly/2ssxtr2	PROPN
cjal-9251	1278	2	.	.	PUNCT
cjal-9251	1279	1	354	354	NUM
cjal-9251	1279	2	kejixing	kejixe	VERB
cjal-9251	1279	3	zhongxiao	zhongxiao	PROPN
cjal-9251	1279	4	qiye	qiye	PROPN
cjal-9251	1279	5	chuangye	chuangye	PROPN
cjal-9251	1279	6	touzi	touzi	PROPN
cjal-9251	1279	7	yindao	yindao	VERB
cjal-9251	1279	8	jijin	jijin	PROPN
cjal-9251	1279	9	guanli	guanli	PROPN
cjal-9251	1279	10	zanxing	zanxing	PROPN
cjal-9251	1279	11	banfa	banfa	NOUN
cjal-9251	1279	12	(	(	PUNCT
cjal-9251	1279	13	wtt	wtt	PROPN
cjal-9251	1279	14	!	!	PUNCT
cjal-9251	1280	1	fl	fl	PROPN
cjal-9251	1280	2	cp	cp	INTJ
cjal-9251	1280	3	,	,	PUNCT
cjal-9251	1280	4	j	j	PROPN
cjal-9251	1280	5	,	,	PUNCT
cjal-9251	1280	6	¤tl	¤tl	PROPN
cjal-9251	1280	7	tit	tit	X
cjal-9251	1280	8	m	m	VERB
cjal-9251	1280	9	<	<	X
cjal-9251	1280	10	ji	ji	X
cjal-9251	1280	11	!	!	PUNCT
cjal-9251	1280	12	,	,	PUNCT
cjal-9251	1280	13	j.	j.	PROPN
cjal-9251	1280	14	j.!i	j.!i	PROPN
cjal-9251	1280	15	!	!	PUNCT
cjal-9251	1280	16	.	.	PUNCT
cjal-9251	1281	1	ft	ft	PRON
cjal-9251	1281	2	tr	tr	ADJ
cjal-9251	1281	3	1.j	1.j	NUM
cjal-9251	1281	4	-	-	PUNCT
cjal-9251	1281	5	t	t	NOUN
cjal-9251	1281	6	!	!	PUNCT
cjal-9251	1281	7	)	)	PUNCT
cjal-9251	1282	1	[	[	X
cjal-9251	1282	2	interim	interim	ADJ
cjal-9251	1282	3	measures	measure	NOUN
cjal-9251	1282	4	for	for	ADP
cjal-9251	1282	5	administration	administration	NOUN
cjal-9251	1282	6	of	of	ADP
cjal-9251	1282	7	technological	technological	ADJ
cjal-9251	1282	8	sme	sme	NOUN
cjal-9251	1282	9	venture	venture	PROPN
cjal-9251	1282	10	cap	cap	NOUN
cjal-9251	1282	11	ital	ital	ADJ
cjal-9251	1282	12	guidance	guidance	NOUN
cjal-9251	1282	13	funds	fund	NOUN
cjal-9251	1282	14	]	]	PUNCT
cjal-9251	1282	15	(	(	PUNCT
cjal-9251	1282	16	jointly	jointly	ADV
cjal-9251	1282	17	promulgated	promulgate	VERB
cjal-9251	1282	18	by	by	ADP
cjal-9251	1282	19	ministry	ministry	PROPN
cjal-9251	1282	20	of	of	ADP
cjal-9251	1282	21	finance	finance	NOUN
cjal-9251	1282	22	of	of	ADP
cjal-9251	1282	23	the	the	DET
cjal-9251	1282	24	prc	prc	PROPN
cjal-9251	1282	25	and	and	CCONJ
cjal-9251	1282	26	ministry	ministry	PROPN
cjal-9251	1282	27	of	of	ADP
cjal-9251	1282	28	science	science	NOUN
cjal-9251	1282	29	and	and	CCONJ
cjal-9251	1282	30	technology	technology	NOUN
cjal-9251	1282	31	of	of	ADP
cjal-9251	1282	32	the	the	DET
cjal-9251	1282	33	prc	prc	PROPN
cjal-9251	1282	34	,	,	PUNCT
cjal-9251	1282	35	jul	jul	PROPN
cjal-9251	1282	36	.	.	PROPN
cjal-9251	1282	37	6	6	NUM
cjal-9251	1282	38	,	,	PUNCT
cjal-9251	1282	39	2007	2007	NUM
cjal-9251	1282	40	,	,	PUNCT
cjal-9251	1282	41	effective	effective	ADJ
cjal-9251	1282	42	jul	jul	PROPN
cjal-9251	1282	43	.	.	PROPN
cjal-9251	1282	44	6	6	NUM
cjal-9251	1282	45	,	,	PUNCT
cjal-9251	1282	46	2007	2007	NUM
cjal-9251	1282	47	,	,	PUNCT
cjal-9251	1282	48	http://bit.ly/2tbmgwu	http://bit.ly/2tbmgwu	PROPN
cjal-9251	1282	49	.	.	PUNCT
cjal-9251	1283	1	=	=	PRON
cjal-9251	1283	2	wang	wang	PROPN
cjal-9251	1283	3	mengmeng	mengmeng	PROPN
cjal-9251	1283	4	ceiijjilji	ceiijjilji	PROPN
cjal-9251	1283	5	)	)	PUNCT
cjal-9251	1283	6	,	,	PUNCT
cjal-9251	1283	7	jigou	jigou	VERB
cjal-9251	1283	8	lp	lp	PROPN
cjal-9251	1283	9	de	de	PROPN
cjal-9251	1283	10	pe	pe	PROPN
cjal-9251	1283	11	touzi	touzi	PROPN
cjal-9251	1283	12	xianzhuang	xianzhuang	PROPN
cjal-9251	1284	1	quanguo	quanguo	PROPN
cjal-9251	1284	2	shebao	shebao	VERB
cjal-9251	1284	3	jijin	jijin	PROPN
cjal-9251	1284	4	baoxian	baoxian	ADJ
cjal-9251	1284	5	jijin	jijin	NOUN
cjal-9251	1284	6	(	(	PUNCT
cjal-9251	1284	7	-i	-i	PUNCT
cjal-9251	1284	8	/	/	SYM
cjal-9251	1284	9	l	l	NOUN
cjal-9251	1284	10	:	:	PUNCT
cjal-9251	1284	11	jq	jq	PROPN
cjal-9251	1284	12	lp	lp	PROPN
cjal-9251	1284	13	(	(	PUNCT
cjal-9251	1284	14	l{j	l{j	NOUN
cjal-9251	1284	15	pe	pe	NOUN
cjal-9251	1284	16	12:~~:tr-:i	12:~~:tr-:i	NUM
cjal-9251	1284	17	:	:	PUNCT
cjal-9251	1284	18	oot±~~~	oot±~~~	PRON
cjal-9251	1284	19	[	[	X
cjal-9251	1284	20	current	current	ADJ
cjal-9251	1284	21	investment	investment	NOUN
cjal-9251	1284	22	status	status	NOUN
cjal-9251	1284	23	of	of	ADP
cjal-9251	1284	24	pe	pe	PROPN
cjal-9251	1284	25	institutional	institutional	PROPN
cjal-9251	1284	26	lps	lps	PROPN
cjal-9251	1284	27	national	national	PROPN
cjal-9251	1284	28	social	social	PROPN
cjal-9251	1284	29	security	security	NOUN
cjal-9251	1284	30	fund	fund	NOUN
cjal-9251	1284	31	insurance	insurance	NOUN
cjal-9251	1284	32	funds	fund	NOUN
cjal-9251	1284	33	]	]	PUNCT
cjal-9251	1284	34	(	(	PUNCT
cjal-9251	1284	35	aug	aug	PROPN
cjal-9251	1284	36	.	.	PROPN
cjal-9251	1284	37	8	8	NUM
cjal-9251	1284	38	,	,	PUNCT
cjal-9251	1284	39	2014	2014	NUM
cjal-9251	1284	40	)	)	PUNCT
cjal-9251	1284	41	,	,	PUNCT
cjal-9251	1284	42	tou	tou	PROPN
cjal-9251	1284	43	zhong	zhong	PROPN
cjal-9251	1284	44	wang	wang	PROPN
cjal-9251	1284	45	(	(	PUNCT
cjal-9251	1284	46	titrfl	titrfl	NOUN
cjal-9251	1284	47	~	~	PUNCT
cjal-9251	1284	48	)	)	PUNCT
cjal-9251	1285	1	[	[	X
cjal-9251	1285	2	china	china	PROPN
cjal-9251	1285	3	venture	venture	PROPN
cjal-9251	1285	4	)	)	PUNCT
cjal-9251	1285	5	,	,	PUNCT
cjal-9251	1285	6	http://bit.ly/2tbt9jj	http://bit.ly/2tbt9jj	NOUN
cjal-9251	1285	7	.	.	PUNCT
cjal-9251	1286	1	=	=	PRON
cjal-9251	1286	2	guanyu	guanyu	NOUN
cjal-9251	1286	3	chuangye	chuangye	NOUN
cjal-9251	1286	4	touzi	touzi	PROPN
cjal-9251	1286	5	yindao	yindao	AUX
cjal-9251	1286	6	jijin	jijin	PROPN
cjal-9251	1286	7	guifan	guifan	PROPN
cjal-9251	1286	8	sheli	sheli	PROPN
cjal-9251	1286	9	yu	yu	PROPN
cjal-9251	1286	10	yunzuo	yunzuo	PROPN
cjal-9251	1286	11	zhidao	zhidao	PROPN
cjal-9251	1286	12	yijian	yijian	PROPN
cjal-9251	1286	13	(:	(:	PROPN
cjal-9251	1286	14	:	:	PUNCT
cjal-9251	1286	15	x:-'f	x:-'f	PROPN
cjal-9251	1287	1	¤tl	¤tl	PROPN
cjal-9251	1287	2	~tit~	~tit~	PUNCT
cjal-9251	1287	3	<	<	X
cjal-9251	1287	4	ji	ji	X
cjal-9251	1287	5	.fj	.fj	PROPN
cjal-9251	1287	6	,	,	PUNCT
cjal-9251	1287	7	m	m	PROPN
cjal-9251	1287	8	li	li	X
cjal-9251	1287	9	"	"	PUNCT
cjal-9251	1287	10	il_-"5	il_-"5	PROPN
cjal-9251	1287	11	iii	iii	NUM
cjal-9251	1287	12	fl	fl	PROPN
cjal-9251	1287	13	,	,	PUNCT
cjal-9251	1287	14	ffi	ffi	PROPN
cjal-9251	1287	15	jlr	jlr	PROPN
cjal-9251	1287	16	.	.	PUNCT
cjal-9251	1288	1	i	i	PRON
cjal-9251	1288	2	:	:	PUNCT
cjal-9251	1288	3	j{l	j{l	PROPN
cjal-9251	1288	4	.	.	PUNCT
cjal-9251	1288	5	)	)	PUNCT
cjal-9251	1289	1	[	[	X
cjal-9251	1289	2	guiding	guide	VERB
cjal-9251	1289	3	opinions	opinion	NOUN
cjal-9251	1289	4	on	on	ADP
cjal-9251	1289	5	establishment	establishment	NOUN
cjal-9251	1289	6	and	and	CCONJ
cjal-9251	1289	7	operation	operation	NOUN
cjal-9251	1289	8	of	of	ADP
cjal-9251	1289	9	venture	venture	NOUN
cjal-9251	1289	10	capital	capital	NOUN
cjal-9251	1289	11	guidance	guidance	NOUN
cjal-9251	1289	12	funds	fund	NOUN
cjal-9251	1289	13	)	)	PUNCT
cjal-9251	1289	14	(	(	PUNCT
cjal-9251	1289	15	promulgated	promulgate	VERB
cjal-9251	1289	16	by	by	ADP
cjal-9251	1289	17	state	state	PROPN
cjal-9251	1289	18	council	council	PROPN
cjal-9251	1289	19	office	office	PROPN
cjal-9251	1289	20	,	,	PUNCT
cjal-9251	1289	21	oct	oct	PROPN
cjal-9251	1289	22	.	.	PROPN
cjal-9251	1289	23	18	18	NUM
cjal-9251	1289	24	,	,	PUNCT
cjal-9251	1289	25	2008	2008	NUM
cjal-9251	1289	26	,	,	PUNCT
cjal-9251	1289	27	effective	effective	ADJ
cjal-9251	1289	28	oct	oct	PROPN
cjal-9251	1289	29	.	.	PROPN
cjal-9251	1289	30	18	18	NUM
cjal-9251	1289	31	,	,	PUNCT
cjal-9251	1289	32	2008	2008	NUM
cjal-9251	1289	33	)	)	PUNCT
cjal-9251	1289	34	,	,	PUNCT
cjal-9251	1289	35	http://bit.ly/2sxp7hs	http://bit.ly/2sxp7hs	PROPN
cjal-9251	1289	36	,	,	PUNCT
cjal-9251	1289	37	351	351	NUM
cjal-9251	1289	38	baoxian	baoxian	ADJ
cjal-9251	1289	39	zijin	zijin	NOUN
cjal-9251	1289	40	touzi	touzi	PROPN
cjal-9251	1289	41	guquan	guquan	PROPN
cjal-9251	1289	42	zanxing	zanxing	PROPN
cjal-9251	1289	43	ba	ba	PROPN
cjal-9251	1289	44	nfa	nfa	PROPN
cjal-9251	1289	45	(	(	PUNCT
cjal-9251	1289	46	~~.!'ff	~~.!'ff	X
cjal-9251	1289	47	~	~	SYM
cjal-9251	1289	48	tlt	tlt	ADJ
cjal-9251	1289	49	~	~	SYM
cjal-9251	1289	50	jllttlfirr	jllttlfirr	PROPN
cjal-9251	1289	51	/	/	SYM
cjal-9251	1289	52	j	j	NOUN
cjal-9251	1289	53	-	-	PUNCT
cjal-9251	1289	54	i't	i't	PROPN
cjal-9251	1289	55	)	)	PUNCT
cjal-9251	1290	1	[	[	X
cjal-9251	1290	2	interim	interim	ADJ
cjal-9251	1290	3	measures	measure	NOUN
cjal-9251	1290	4	for	for	ADP
cjal-9251	1290	5	insurance	insurance	NOUN
cjal-9251	1290	6	funds	fund	NOUN
cjal-9251	1290	7	making	make	VERB
cjal-9251	1290	8	equity	equity	NOUN
cjal-9251	1290	9	investments	investment	NOUN
cjal-9251	1290	10	]	]	PUNCT
cjal-9251	1290	11	(	(	PUNCT
cjal-9251	1290	12	promulgated	promulgate	VERB
cjal-9251	1290	13	by	by	ADP
cjal-9251	1290	14	china	china	PROPN
cjal-9251	1290	15	216	216	NUM
cjal-9251	1290	16	dates	date	NOUN
cjal-9251	1290	17	jan	jan	PROPN
cjal-9251	1290	18	.	.	PROPN
cjal-9251	1290	19	24	24	NUM
cjal-9251	1290	20	,	,	PUNCT
cjal-9251	1290	21	2011	2011	NUM
cjal-9251	1290	22	may	may	PROPN
cjal-9251	1290	23	2011	2011	NUM
cjal-9251	1290	24	july	july	PROPN
cjal-9251	1290	25	16	16	NUM
cjal-9251	1290	26	,	,	PUNCT
cjal-9251	1290	27	2012	2012	NUM
cjal-9251	1290	28	feb	feb	X
cjal-9251	1290	29	.	.	PROPN
cjal-9251	1290	30	18	18	NUM
cjal-9251	1290	31	,	,	PUNCT
cjal-9251	1290	32	2013	2013	NUM
cjal-9251	1290	33	aug	aug	NOUN
cjal-9251	1290	34	.	.	PUNCT
cjal-9251	1291	1	13,2014	13,2014	PROPN
cjal-9251	1291	2	columbia	columbia	PROPN
cjal-9251	1291	3	jour	jour	PROPN
cjal-9251	1291	4	:	:	PUNCT
cjal-9251	1291	5	val	val	NOUN
cjal-9251	1291	6	of	of	ADP
cjal-9251	1291	7	asian	asian	PROPN
cjal-9251	1291	8	la	la	PROPN
cjal-9251	1291	9	iv	iv	X
cjal-9251	1292	1	[	[	X
cjal-9251	1292	2	vol	vol	NOUN
cjal-9251	1292	3	.	.	NOUN
cjal-9251	1292	4	30:160	30:160	NUM
cjal-9251	1292	5	law	law	NOUN
cjal-9251	1292	6	/	/	SYM
cjal-9251	1292	7	policy	policy	NOUN
cjal-9251	1292	8	shanghai	shanghai	PROPN
cjal-9251	1292	9	published	publish	VERB
cjal-9251	1292	10	the	the	DET
cjal-9251	1292	11	"	"	PUNCT
cjal-9251	1292	12	implementation	implementation	NOUN
cjal-9251	1292	13	measures	measure	NOUN
cjal-9251	1292	14	on	on	ADP
cjal-9251	1292	15	the	the	DET
cjal-9251	1292	16	pilot	pilot	NOUN
cjal-9251	1292	17	program	program	NOUN
cjal-9251	1292	18	for	for	ADP
cjal-9251	1292	19	development	development	NOUN
cjal-9251	1292	20	of	of	ADP
cjal-9251	1292	21	foreign	foreign	ADJ
cjal-9251	1292	22	-	-	PUNCT
cjal-9251	1292	23	invested	invest	VERB
cjal-9251	1292	24	equity	equity	NOUN
cjal-9251	1292	25	investment	investment	NOUN
cjal-9251	1292	26	enterprises".=	enterprises".=	CCONJ
cjal-9251	1292	27	first	first	ADJ
cjal-9251	1292	28	batch	batch	NOUN
cjal-9251	1292	29	of	of	ADP
cjal-9251	1292	30	qualified	qualified	ADJ
cjal-9251	1292	31	foreign	foreign	ADJ
cjal-9251	1292	32	limited	limited	ADJ
cjal-9251	1292	33	partner	partner	NOUN
cjal-9251	1292	34	(	(	PUNCT
cjal-9251	1292	35	qflp	qflp	PROPN
cjal-9251	1292	36	)	)	PUNCT
cjal-9251	1292	37	funds	fund	NOUN
cjal-9251	1292	38	set	set	VERB
cjal-9251	1292	39	up	up	ADP
cjal-9251	1292	40	under	under	ADP
cjal-9251	1292	41	chongqing	chongqing	PROPN
cjal-9251	1292	42	qflp	qflp	PROPN
cjal-9251	1292	43	pilot	pilot	PROPN
cjal-9251	1292	44	program	program	NOUN
cjal-9251	1292	45	.	.	PUNCT
cjal-9251	1293	1	359	359	NUM
cjal-9251	1293	2	"	"	PUNCT
cjal-9251	1293	3	notice	notice	NOUN
cjal-9251	1293	4	on	on	ADP
cjal-9251	1293	5	issues	issue	NOUN
cjal-9251	1293	6	relating	relate	VERB
cjal-9251	1293	7	to	to	ADP
cjal-9251	1293	8	equity	equity	NOUN
cjal-9251	1293	9	and	and	CCONJ
cjal-9251	1293	10	real	real	ADJ
cjal-9251	1293	11	estate	estate	NOUN
cjal-9251	1293	12	investments	investment	NOUN
cjal-9251	1293	13	by	by	ADP
cjal-9251	1293	14	insurance	insurance	NOUN
cjal-9251	1293	15	funds	fund	NOUN
cjal-9251	1293	16	"	"	PUNCT
cjal-9251	1293	17	issued	issue	VERB
cjal-9251	1293	18	.	.	PUNCT
cjal-9251	1294	1	:	:	PUNCT
cjal-9251	1294	2	ioo	ioo	ADJ
cjal-9251	1294	3	"	"	PUNCT
cjal-9251	1294	4	interim	interim	ADJ
cjal-9251	1294	5	provisions	provision	NOUN
cjal-9251	1294	6	on	on	ADP
cjal-9251	1294	7	the	the	DET
cjal-9251	1294	8	management	management	NOUN
cjal-9251	1294	9	of	of	ADP
cjal-9251	1294	10	securities	security	NOUN
cjal-9251	1294	11	investment	investment	NOUN
cjal-9251	1294	12	funds	fund	NOUN
cjal-9251	1294	13	by	by	ADP
cjal-9251	1294	14	asset	asset	NOUN
cjal-9251	1294	15	management	management	NOUN
cjal-9251	1294	16	institutions	institution	NOUN
cjal-9251	1294	17	"	"	PUNCT
cjal-9251	1294	18	issued.361	issued.361	VERB
cjal-9251	1294	19	the	the	DET
cjal-9251	1294	20	state	state	PROPN
cjal-9251	1294	21	council	council	PROPN
cjal-9251	1294	22	issued	issue	VERB
cjal-9251	1294	23	"	"	PUNCT
cjal-9251	1294	24	severa	severa	NOUN
cjal-9251	1294	25	l	l	NOUN
cjal-9251	1294	26	opinions	opinion	NOUN
cjal-9251	1294	27	of	of	ADP
cjal-9251	1294	28	the	the	DET
cjal-9251	1294	29	state	state	NOUN
cjal-9251	1294	30	council	council	NOUN
cjal-9251	1294	31	on	on	ADP
cjal-9251	1294	32	accelerating	accelerate	VERB
cjal-9251	1294	33	the	the	DET
cjal-9251	1294	34	development	development	NOUN
cjal-9251	1294	35	of	of	ADP
cjal-9251	1294	36	modern	modern	ADJ
cjal-9251	1294	37	insurance	insurance	NOUN
cjal-9251	1294	38	service	service	NOUN
cjal-9251	1294	39	lndustry".362	lndustry".362	PROPN
cjal-9251	1294	40	implications	implication	NOUN
cjal-9251	1294	41	for	for	ADP
cjal-9251	1294	42	vc	vc	PROPN
cjal-9251	1294	43	market	market	NOUN
cjal-9251	1294	44	foreign	foreign	ADJ
cjal-9251	1294	45	-	-	PUNCT
cjal-9251	1294	46	lps	lps	PROPN
cjal-9251	1294	47	are	be	AUX
cjal-9251	1294	48	permitted	permit	VERB
cjal-9251	1294	49	to	to	PART
cjal-9251	1294	50	convert	convert	VERB
cjal-9251	1294	51	foreign	foreign	ADJ
cjal-9251	1294	52	currency	currency	NOUN
cjal-9251	1294	53	capital	capital	NOUN
cjal-9251	1294	54	into	into	ADP
cjal-9251	1294	55	rmb	rmb	PROPN
cjal-9251	1294	56	to	to	PART
cjal-9251	1294	57	invest	invest	VERB
cjal-9251	1294	58	into	into	ADP
cjal-9251	1294	59	rmb	rmb	NOUN
cjal-9251	1294	60	funds	fund	NOUN
cjal-9251	1294	61	.	.	PUNCT
cjal-9251	1295	1	encouraged	encourage	VERB
cjal-9251	1295	2	foreign	foreign	ADJ
cjal-9251	1295	3	capital	capital	NOUN
cjal-9251	1295	4	to	to	PART
cjal-9251	1295	5	make	make	VERB
cjal-9251	1295	6	equity	equity	NOUN
cjal-9251	1295	7	investments	investment	NOUN
cjal-9251	1295	8	in	in	ADP
cjal-9251	1295	9	chongqing	chongqing	PROPN
cjal-9251	1295	10	.	.	PUNCT
cjal-9251	1296	1	expanded	expand	VERB
cjal-9251	1296	2	the	the	DET
cjal-9251	1296	3	scope	scope	NOUN
cjal-9251	1296	4	of	of	ADP
cjal-9251	1296	5	permissible	permissible	ADJ
cjal-9251	1296	6	equity	equity	NOUN
cjal-9251	1296	7	investments	investment	NOUN
cjal-9251	1296	8	by	by	ADP
cjal-9251	1296	9	insurance	insurance	NOUN
cjal-9251	1296	10	funds	fund	NOUN
cjal-9251	1296	11	.	.	PUNCT
cjal-9251	1297	1	more	more	ADJ
cjal-9251	1297	2	institutional	institutional	ADJ
cjal-9251	1297	3	investors	investor	NOUN
cjal-9251	1297	4	,	,	PUNCT
cjal-9251	1297	5	such	such	ADJ
cjal-9251	1297	6	as	as	ADP
cjal-9251	1297	7	social	social	ADJ
cjal-9251	1297	8	security	security	NOUN
cjal-9251	1297	9	funds	fund	NOUN
cjal-9251	1297	10	,	,	PUNCT
cjal-9251	1297	11	insurance	insurance	NOUN
cjal-9251	1297	12	fund	fund	NOUN
cjal-9251	1297	13	s	s	PART
cjal-9251	1297	14	,	,	PUNCT
cjal-9251	1297	15	and	and	CCONJ
cjal-9251	1297	16	fund	fund	NOUN
cjal-9251	1297	17	companies	company	NOUN
cjal-9251	1297	18	were	be	AUX
cjal-9251	1297	19	permitted	permit	VERB
cjal-9251	1297	20	to	to	PART
cjal-9251	1297	21	make	make	VERB
cjal-9251	1297	22	equity	equity	NOUN
cjal-9251	1297	23	investment	investment	NOUN
cjal-9251	1297	24	.	.	PUNCT
cjal-9251	1298	1	expanded	expand	VERB
cjal-9251	1298	2	the	the	DET
cjal-9251	1298	3	industries	industry	NOUN
cjal-9251	1298	4	for	for	ADP
cjal-9251	1298	5	insurance	insurance	NOUN
cjal-9251	1298	6	companies	company	NOUN
cjal-9251	1298	7	to	to	PART
cjal-9251	1298	8	make	make	VERB
cjal-9251	1298	9	equity	equity	NOUN
cjal-9251	1298	10	investments	investment	NOUN
cjal-9251	1298	11	.	.	PUNCT
cjal-9251	1299	1	in	in	ADP
cjal-9251	1299	2	surance	surance	PROPN
cjal-9251	1299	3	regulatory	regulatory	ADJ
cjal-9251	1299	4	comm	comm	NOUN
cjal-9251	1299	5	.	.	PUNCT
cjal-9251	1299	6	,	,	PUNCT
cjal-9251	1299	7	sep	sep	PROPN
cjal-9251	1299	8	.	.	PROPN
cjal-9251	1299	9	6	6	NUM
cjal-9251	1299	10	,	,	PUNCT
cjal-9251	1299	11	2010	2010	NUM
cjal-9251	1299	12	,	,	PUNCT
cjal-9251	1299	13	effective	effective	ADJ
cjal-9251	1299	14	sep	sep	PROPN
cjal-9251	1299	15	.	.	PROPN
cjal-9251	1299	16	6	6	NUM
cjal-9251	1299	17	,	,	PUNCT
cjal-9251	1299	18	2010	2010	NUM
cjal-9251	1299	19	)	)	PUNCT
cjal-9251	1299	20	,	,	PUNCT
cjal-9251	1299	21	http://bit.ly/	http://bit.ly/	PROPN
cjal-9251	1299	22	2ssvwnk	2ssvwnk	NUM
cjal-9251	1299	23	.	.	PUNCT
cjal-9251	1299	24	358	358	NUM
cjal-9251	1299	25	guanyu	guanyu	PROPN
cjal-9251	1299	26	benshi	benshi	NOUN
cjal-9251	1300	1	kaizhan	kaizhan	ADP
cjal-9251	1300	2	waishang	waishang	PROPN
cjal-9251	1301	1	touzi	touzi	PROPN
cjal-9251	1301	2	guquan	guquan	PROPN
cjal-9251	1301	3	touzi	touzi	PROPN
cjal-9251	1301	4	qiye	qiye	PROPN
cjal-9251	1302	1	shidian	shidian	PROPN
cjal-9251	1302	2	gongzuo	gongzuo	PROPN
cjal-9251	1302	3	de	de	X
cjal-9251	1302	4	shishi	shishi	X
cjal-9251	1302	5	banfa	banfa	NOUN
cjal-9251	1302	6	(:	(:	VERB
cjal-9251	1302	7	x:'f-	x:'f-	PROPN
cjal-9251	1302	8	*	*	VERB
cjal-9251	1302	9	r!hf	r!hf	PROPN
cjal-9251	1302	10	jlu~	jlu~	VERB
cjal-9251	1302	11	itlin	itlin	PROPN
cjal-9251	1302	12	mj!lt-	mj!lt-	PROPN
cjal-9251	1302	13	&	&	CCONJ
cjal-9251	1302	14	!	!	PUNCT
cjal-9251	1302	15	31	31	NUM
cjal-9251	1302	16	:	:	PUNCT
cjal-9251	1302	17	ll't	ll't	PROPN
cjal-9251	1302	18	~~lb;!'.a	~~lb;!'.a	NUM
cjal-9251	1302	19	i	i	PRON
cjal-9251	1303	1	fl=	fl=	PROPN
cjal-9251	1303	2	(	(	PUNCT
cjal-9251	1303	3	l{j	l{j	NOUN
cjal-9251	1303	4	;	;	PUNCT
cjal-9251	1303	5	:	:	PUNCT
cjal-9251	1303	6	;	;	PUNCT
cjal-9251	1303	7	ti!lii	ti!lii	PROPN
cjal-9251	1303	8	/	/	SYM
cjal-9251	1303	9	j	j	NOUN
cjal-9251	1303	10	,	,	PUNCT
cjal-9251	1303	11	l	l	NOUN
cjal-9251	1303	12	'	'	PUNCT
cjal-9251	1303	13	!	!	PUNCT
cjal-9251	1303	14	)	)	PUNCT
cjal-9251	1304	1	[	[	X
cjal-9251	1304	2	measures	measure	NOUN
cjal-9251	1304	3	for	for	ADP
cjal-9251	1304	4	implementing	implement	VERB
cjal-9251	1304	5	the	the	DET
cjal-9251	1304	6	municipal	municipal	ADJ
cjal-9251	1304	7	pilot	pilot	NOUN
cjal-9251	1304	8	project	project	NOUN
cjal-9251	1304	9	of	of	ADP
cjal-9251	1304	10	foreign	foreign	ADJ
cjal-9251	1304	11	investment	investment	NOUN
cjal-9251	1304	12	equity	equity	NOUN
cjal-9251	1304	13	investment	investment	NOUN
cjal-9251	1304	14	enterprises	enterprise	NOUN
cjal-9251	1304	15	]	]	PUNCT
cjal-9251	1304	16	(	(	PUNCT
cjal-9251	1304	17	jointly	jointly	ADV
cjal-9251	1304	18	promulgated	promulgate	VERB
cjal-9251	1304	19	by	by	ADP
cjal-9251	1304	20	shanghai	shanghai	PROPN
cjal-9251	1304	21	financial	financial	PROPN
cjal-9251	1304	22	services	services	PROPN
cjal-9251	1304	23	office	office	PROPN
cjal-9251	1304	24	,	,	PUNCT
cjal-9251	1304	25	shanghai	shanghai	PROPN
cjal-9251	1304	26	municipal	municipal	PROPN
cjal-9251	1304	27	commission	commission	PROPN
cjal-9251	1304	28	of	of	ADP
cjal-9251	1304	29	commerce	commerce	PROPN
cjal-9251	1304	30	and	and	CCONJ
cjal-9251	1304	31	shanghai	shanghai	PROPN
cjal-9251	1304	32	administration	administration	PROPN
cjal-9251	1304	33	for	for	ADP
cjal-9251	1304	34	industry	industry	NOUN
cjal-9251	1304	35	and	and	CCONJ
cjal-9251	1304	36	commerce	commerce	PROPN
cjal-9251	1304	37	,	,	PUNCT
cjal-9251	1304	38	dec	dec	PROPN
cjal-9251	1304	39	.	.	PROPN
cjal-9251	1304	40	24	24	NUM
cjal-9251	1304	41	,	,	PUNCT
cjal-9251	1304	42	2010	2010	NUM
cjal-9251	1304	43	,	,	PUNCT
cjal-9251	1304	44	effective	effective	ADJ
cjal-9251	1304	45	jan	jan	PROPN
cjal-9251	1304	46	.	.	PROPN
cjal-9251	1304	47	24	24	NUM
cjal-9251	1304	48	,	,	PUNCT
cjal-9251	1304	49	2011	2011	NUM
cjal-9251	1304	50	)	)	PUNCT
cjal-9251	1304	51	,	,	PUNCT
cjal-9251	1304	52	http://bit.ly/2tv0s4p	http://bit.ly/2tv0s4p	NOUN
cjal-9251	1304	53	.	.	PUNCT
cjal-9251	1305	1	a	a	DET
cjal-9251	1305	2	,	,	PUNCT
cjal-9251	1305	3	o	o	PROPN
cjal-9251	1305	4	liu	liu	PROPN
cjal-9251	1305	5	xue	xue	PROPN
cjal-9251	1305	6	(	(	PUNCT
cjal-9251	1305	7	sci]~	sci]~	NUM
cjal-9251	1305	8	)	)	PUNCT
cjal-9251	1305	9	.	.	PUNCT
cjal-9251	1306	1	qflp	qflp	PROPN
cjal-9251	1306	2	zhengce	zhengce	PROPN
cjal-9251	1306	3	kuorong	kuorong	PROPN
cjal-9251	1306	4	hu	hu	PROPN
cjal-9251	1306	5	jing	jing	PROPN
cjal-9251	1306	6	jin	jin	PROPN
cjal-9251	1306	7	yu	yu	PROPN
cjal-9251	1306	8	sidi	sidi	PROPN
cjal-9251	1306	9	shidian	shidian	PROPN
cjal-9251	1306	10	(	(	PUNCT
cjal-9251	1306	11	qflp	qflp	PROPN
cjal-9251	1306	12	~ffi::jf	~ffi::jf	PROPN
cjal-9251	1306	13	"	"	PUNCT
cjal-9251	1306	14	tr'm"liltn!'ap11!:t!lia!:a	tr'm"liltn!'ap11!:t!lia!:a	ADJ
cjal-9251	1306	15	)	)	PUNCT
cjal-9251	1307	1	[	[	X
cjal-9251	1307	2	qflp	qflp	NOUN
cjal-9251	1307	3	policy	policy	NOUN
cjal-9251	1307	4	expansion	expansion	NOUN
cjal-9251	1307	5	:	:	PUNCT
cjal-9251	1307	6	shanghai	shanghai	PROPN
cjal-9251	1307	7	,	,	PUNCT
cjal-9251	1307	8	ijeijing	ijeije	VERB
cjal-9251	1307	9	,	,	PUNCT
cjal-9251	1307	10	tianjin	tianjin	NOUN
cjal-9251	1307	11	,	,	PUNCT
cjal-9251	1307	12	cho11gqi11	cho11gqi11	ADJ
cjal-9251	1307	13	g	g	NOUN
cjal-9251	1307	14	being	be	AUX
cjal-9251	1307	15	the	the	DET
cjal-9251	1307	16	four	four	NUM
cjal-9251	1307	17	pilot	pilot	NOUN
cjal-9251	1307	18	cities	city	NOUN
cjal-9251	1307	19	]	]	PUNCT
cjal-9251	1307	20	(	(	PUNCT
cjal-9251	1307	21	sep	sep	PROPN
cjal-9251	1307	22	.	.	PROPN
cjal-9251	1307	23	6	6	NUM
cjal-9251	1307	24	,	,	PUNCT
cjal-9251	1307	25	2011	2011	NUM
cjal-9251	1307	26	)	)	PUNCT
cjal-9251	1307	27	,	,	PUNCT
cjal-9251	1307	28	xinhua	xinhua	PROPN
cjal-9251	1307	29	08	08	NUM
cjal-9251	1307	30	(	(	PUNCT
cjal-9251	1307	31	.ffi	.ffi	PROPN
cjal-9251	1307	32	:	:	PUNCT
cjal-9251	1307	33	ff	ff	NOUN
cjal-9251	1307	34	,	,	PUNCT
cjal-9251	1307	35	08	08	NUM
cjal-9251	1307	36	)	)	PUNCT
cjal-9251	1308	1	[	[	X
cjal-9251	1308	2	xinhua	xinhua	PROPN
cjal-9251	1308	3	08	08	NUM
cjal-9251	1308	4	]	]	X
cjal-9251	1308	5	,	,	PUNCT
cjal-9251	1308	6	http://bit.ly/2uakvod	http://bit.ly/2uakvod	X
cjal-9251	1308	7	.	.	NOUN
cjal-9251	1308	8	000	000	NUM
cjal-9251	1308	9	guanyu	guanyu	PROPN
cjal-9251	1308	10	baox.ian	baox.ian	NOUN
cjal-9251	1308	11	zijin	zijin	NOUN
cjal-9251	1308	12	touzi	touzi	PROPN
cjal-9251	1308	13	guquan	guquan	PROPN
cjal-9251	1309	1	he	he	PRON
cjal-9251	1309	2	budongchan	budongchan	PROPN
cjal-9251	1309	3	youguan	youguan	PROPN
cjal-9251	1309	4	wenti	wenti	PROPN
cjal-9251	1309	5	de	de	X
cjal-9251	1309	6	tongzhi	tongzhi	PROPN
cjal-9251	1309	7	(	(	PUNCT
cjal-9251	1309	8	*	*	PUNCT
cjal-9251	1309	9	fflil:~m	fflil:~m	NOUN
cjal-9251	1309	10	~	~	X
cjal-9251	1309	11	n!1ijllujvlifl::fi";/j1"'11	n!1ijllujvlifl::fi";/j1"'11	PROPN
cjal-9251	1309	12	:x	:x	PROPN
cjal-9251	1309	13	:	:	PUNCT
cjal-9251	1309	14	fiij	fiij	PROPN
cjal-9251	1309	15	/	/	SYM
cjal-9251	1309	16	jili(l{jifli~	jili(l{jifli~	PROPN
cjal-9251	1309	17	)	)	PUNCT
cjal-9251	1310	1	[	[	X
cjal-9251	1310	2	notice	notice	NOUN
cjal-9251	1310	3	on	on	ADP
cjal-9251	1310	4	insurance	insurance	NOUN
cjal-9251	1310	5	funds	fund	NOUN
cjal-9251	1310	6	investing	invest	VERB
cjal-9251	1310	7	into	into	ADP
cjal-9251	1310	8	equity	equity	NOUN
cjal-9251	1310	9	and	and	CCONJ
cjal-9251	1310	10	real	real	ADJ
cjal-9251	1310	11	estate	estate	NOUN
cjal-9251	1310	12	]	]	PUNCT
cjal-9251	1310	13	(	(	PUNCT
cjal-9251	1310	14	promulgated	promulgate	VERB
cjal-9251	1310	15	by	by	ADP
cjal-9251	1310	16	china	china	PROPN
cjal-9251	1310	17	insurance	insurance	PROPN
cjal-9251	1310	18	regulatory	regulatory	PROPN
cjal-9251	1310	19	commission	commission	PROPN
cjal-9251	1310	20	,	,	PUNCT
cjal-9251	1310	21	jul	jul	PROPN
cjal-9251	1310	22	.	.	PROPN
cjal-9251	1310	23	16	16	NUM
cjal-9251	1310	24	,	,	PUNCT
cjal-9251	1310	25	2012	2012	NUM
cjal-9251	1310	26	,	,	PUNCT
cjal-9251	1310	27	effective	effective	ADJ
cjal-9251	1310	28	jul	jul	PROPN
cjal-9251	1310	29	.	.	PROPN
cjal-9251	1310	30	16	16	NUM
cjal-9251	1310	31	,	,	PUNCT
cjal-9251	1310	32	2012	2012	NUM
cjal-9251	1310	33	)	)	PUNCT
cjal-9251	1310	34	,	,	PUNCT
cjal-9251	1310	35	http://bit.ly/2sycojl	http://bit.ly/2sycojl	PROPN
cjal-9251	1310	36	.	.	PROPN
cjal-9251	1310	37	361	361	NUM
cjal-9251	1310	38	zichan	zichan	PROPN
cjal-9251	1310	39	guanli	guanli	PROPN
cjal-9251	1310	40	jigou	jigou	PROPN
cjal-9251	1310	41	kaizhan	kaizhan	PROPN
cjal-9251	1310	42	gongmu	gongmu	PROPN
cjal-9251	1310	43	zhengquan	zhengquan	PROPN
cjal-9251	1310	44	touzi	touzi	PROPN
cjal-9251	1310	45	jijin	jijin	PROPN
cjal-9251	1310	46	guanli	guanli	PROPN
cjal-9251	1310	47	yewu	yewu	PROPN
cjal-9251	1311	1	z	z	X
cjal-9251	1311	2	~	~	PUNCT
cjal-9251	1311	3	nxing	nxe	VERB
cjal-9251	1311	4	guiding	guiding	NOUN
cjal-9251	1311	5	(	(	PUNCT
cjal-9251	1311	6	m	m	PROPN
cjal-9251	1311	7	f	f	X
cjal-9251	1311	8	'	'	PUNCT
cjal-9251	1311	9	tr	tr	VERB
cjal-9251	1311	10	jll1	jll1	ADJ
cjal-9251	1311	11	.	.	PUNCT
cjal-9251	1312	1	;	;	PUNCT
cjal-9251	1313	1	j;t	j;t	NOUN
cjal-9251	1313	2	:	:	PUNCT
cjal-9251	1313	3	rf	rf	NOUN
cjal-9251	1314	1	ji	ji	NOUN
cjal-9251	1314	2	0	0	PUNCT
cjal-9251	1315	1	iie	iie	INTJ
cjal-9251	1315	2	!	!	PUNCT
cjal-9251	1316	1	31	31	NUM
cjal-9251	1316	2	:	:	PUNCT
cjal-9251	1316	3	l1	l1	PROPN
cjal-9251	1316	4	t	t	PROPN
cjal-9251	1316	5	ii1i	ii1i	PROPN
cjal-9251	1316	6	'	'	NUM
cjal-9251	1316	7	11	11	NUM
cjal-9251	1316	8	ll!l	ll!l	NOUN
cjal-9251	1316	9	.	.	PUNCT
cjal-9251	1317	1	*	*	PUNCT
cjal-9251	1317	2	l!f	l!f	ADP
cjal-9251	1317	3	ff~~	ff~~	NOUN
cjal-9251	1317	4	)	)	PUNCT
cjal-9251	1318	1	[	[	X
cjal-9251	1318	2	interim	interim	ADJ
cjal-9251	1318	3	provisions	provision	NOUN
cjal-9251	1318	4	on	on	ADP
cjal-9251	1318	5	the	the	DET
cjal-9251	1318	6	management	management	NOUN
cjal-9251	1318	7	of	of	ADP
cjal-9251	1318	8	public	public	ADJ
cjal-9251	1318	9	securities	security	NOUN
cjal-9251	1318	10	investment	investment	NOUN
cjal-9251	1318	11	funds	fund	NOUN
cjal-9251	1318	12	by	by	ADP
cjal-9251	1318	13	asset	asset	NOUN
cjal-9251	1318	14	management	management	NOUN
cjal-9251	1318	15	institutions	institution	NOUN
cjal-9251	1318	16	]	]	PUNCT
cjal-9251	1318	17	(	(	PUNCT
cjal-9251	1318	18	promulgated	promulgate	VERB
cjal-9251	1318	19	by	by	ADP
cjal-9251	1318	20	china	china	PROPN
cjal-9251	1318	21	securities	securities	PROPN
cjal-9251	1318	22	regulatory	regulatory	PROPN
cjal-9251	1318	23	commission	commission	PROPN
cjal-9251	1318	24	,	,	PUNCT
cjal-9251	1318	25	feb	feb	PROPN
cjal-9251	1318	26	.	.	PROPN
cjal-9251	1318	27	18	18	NUM
cjal-9251	1318	28	,	,	PUNCT
cjal-9251	1318	29	2013	2013	NUM
cjal-9251	1318	30	,	,	PUNCT
cjal-9251	1318	31	effective	effective	ADJ
cjal-9251	1318	32	jun	jun	PROPN
cjal-9251	1318	33	.	.	PROPN
cjal-9251	1318	34	1	1	NUM
cjal-9251	1318	35	,	,	PUNCT
cjal-9251	1318	36	2013	2013	NUM
cjal-9251	1318	37	)	)	PUNCT
cjal-9251	1318	38	,	,	PUNCT
cjal-9251	1318	39	http	http	ADV
cjal-9251	1318	40	:	:	PUNCT
cjal-9251	1318	41	//bit.ly	//bit.ly	PUNCT
cjal-9251	1318	42	/2tc4fnl	/2tc4fnl	PUNCT
cjal-9251	1318	43	.	.	PUNCT
cjal-9251	1319	1	362	362	NUM
cjal-9251	1319	2	guowuyuan	guowuyuan	PROPN
cjal-9251	1319	3	guanyu	guanyu	PROPN
cjal-9251	1319	4	jiakuai	jiakuai	PROPN
cjal-9251	1319	5	fazhan	fazhan	PROPN
cjal-9251	1319	6	xiandai	xiandai	PROPN
cjal-9251	1320	1	baoxian	baoxian	PROPN
cjal-9251	1320	2	fuwuye	fuwuye	PROPN
cjal-9251	1320	3	de	de	PROPN
cjal-9251	1320	4	ruogan	ruogan	PROPN
cjal-9251	1320	5	yijian	yijian	PROPN
cjal-9251	1320	6	(	(	PUNCT
cjal-9251	1320	7	l'.i	l'.i	ADJ
cjal-9251	1320	8	:	:	PUNCT
cjal-9251	1320	9	l*~:x:-f	l*~:x:-f	NOUN
cjal-9251	1320	10	-	-	PUNCT
cjal-9251	1320	11	jjuir1si:~3l	jjuir1si:~3l	PROPN
cjal-9251	1320	12	,	,	PUNCT
cjal-9251	1320	13	htflil:~!lr*~(l{j	htflil:~!lr*~(l{j	PROPN
cjal-9251	1320	14	,	,	PUNCT
cjal-9251	1320	15	s'-f-~!r	s'-f-~!r	PROPN
cjal-9251	1320	16	.	.	PUNCT
cjal-9251	1320	17	)	)	PUNCT
cjal-9251	1321	1	[	[	X
cjal-9251	1321	2	the	the	DET
cjal-9251	1321	3	state	state	PROPN
cjal-9251	1321	4	council	council	NOUN
cjal-9251	1321	5	's	's	PART
cjal-9251	1321	6	several	several	ADJ
cjal-9251	1321	7	opinions	opinion	NOUN
cjal-9251	1321	8	on	on	ADP
cjal-9251	1321	9	2017	2017	NUM
cjal-9251	1321	10	)	)	PUNCT
cjal-9251	1321	11	dates	date	VERB
cjal-9251	1321	12	dec	dec	PROPN
cjal-9251	1321	13	.	.	PROPN
cjal-9251	1321	14	12	12	NUM
cjal-9251	1321	15	,	,	PUNCT
cjal-9251	1321	16	2014	2014	NUM
cjal-9251	1321	17	nov	nov	NOUN
cjal-9251	1321	18	.	.	PROPN
cjal-9251	1321	19	12	12	NUM
cjal-9251	1321	20	,	,	PUNCT
cjal-9251	1321	21	2015	2015	NUM
cjal-9251	1321	22	dec	dec	PROPN
cjal-9251	1321	23	.	.	PROPN
cjal-9251	1321	24	25	25	NUM
cjal-9251	1321	25	,	,	PUNCT
cjal-9251	1321	26	2015	2015	NUM
cjal-9251	1321	27	may	may	NOUN
cjal-9251	1321	28	.	.	PUNCT
cjal-9251	1322	1	11	11	NUM
cjal-9251	1322	2	,	,	PUNCT
cjal-9251	1322	3	2016	2016	NUM
cjal-9251	1322	4	engineering	engineer	VERB
cjal-9251	1322	5	a	a	DET
cjal-9251	1322	6	venture	venture	NOUN
cjal-9251	1322	7	capital	capital	NOUN
cjal-9251	1322	8	market	market	NOUN
cjal-9251	1322	9	217	217	NUM
cjal-9251	1322	10	law	law	NOUN
cjal-9251	1322	11	/	/	SYM
cjal-9251	1322	12	policy	policy	NOUN
cjal-9251	1322	13	notice	notice	NOUN
cjal-9251	1322	14	of	of	ADP
cjal-9251	1322	15	the	the	DET
cjal-9251	1322	16	china	china	PROPN
cjal-9251	1322	17	insurance	insurance	PROPN
cjal-9251	1322	18	regulatory	regulatory	ADJ
cjal-9251	1322	19	commission	commission	NOUN
cjal-9251	1322	20	on	on	ADP
cjal-9251	1322	21	matters	matter	NOUN
cjal-9251	1322	22	concerning	concern	VERB
cjal-9251	1322	23	the	the	DET
cjal-9251	1322	24	investment	investment	NOUN
cjal-9251	1322	25	oflnsurance	oflnsurance	NOUN
cjal-9251	1322	26	funds	fund	NOUN
cjal-9251	1322	27	in	in	ADP
cjal-9251	1322	28	venture	venture	NOUN
cjal-9251	1322	29	capital	capital	NOUN
cjal-9251	1322	30	funds	fund	NOUN
cjal-9251	1322	31	:	:	PUNCT
cjal-9251	1322	32	163	163	NUM
cjal-9251	1322	33	ministry	ministry	NOUN
cjal-9251	1322	34	of	of	ADP
cjal-9251	1322	35	finance	finance	PROPN
cjal-9251	1322	36	issued	issue	VERB
cjal-9251	1322	37	the	the	DET
cjal-9251	1322	38	interim	interim	ADJ
cjal-9251	1322	39	measures	measure	NOUN
cjal-9251	1322	40	for	for	ADP
cjal-9251	1322	41	government	government	NOUN
cjal-9251	1322	42	investment	investment	NOUN
cjal-9251	1322	43	fund	fund	NOUN
cjal-9251	1322	44	(	(	PUNCT
cjal-9251	1322	45	zhengfu	zhengfu	PROPN
cjal-9251	1322	46	touzijijin	touzijijin	NOUN
cjal-9251	1322	47	zhonxing	zhonxing	PROPN
cjal-9251	1322	48	guanli	guanli	PROPN
cjal-9251	1322	49	banfa	banfa	PROPN
cjal-9251	1322	50	)	)	PUNCT
cjal-9251	1322	51	3g1	3g1	NUM
cjal-9251	1322	52	ministry	ministry	PROPN
cjal-9251	1322	53	of	of	ADP
cjal-9251	1322	54	finance	finance	PROPN
cjal-9251	1322	55	issued	issue	VERB
cjal-9251	1322	56	the	the	DET
cjal-9251	1322	57	guiding	guide	VERB
cjal-9251	1322	58	opinions	opinion	NOUN
cjal-9251	1322	59	of	of	ADP
cjal-9251	1322	60	the	the	DET
cjal-9251	1322	61	ministry	ministry	PROPN
cjal-9251	1322	62	of	of	ADP
cjal-9251	1322	63	finance	finance	NOUN
cjal-9251	1322	64	on	on	ADP
cjal-9251	1322	65	injecting	inject	VERB
cjal-9251	1322	66	fiscal	fiscal	ADJ
cjal-9251	1322	67	funds	fund	NOUN
cjal-9251	1322	68	into	into	ADP
cjal-9251	1322	69	government	government	NOUN
cjal-9251	1322	70	investment	investment	NOUN
cjal-9251	1322	71	funds	fund	NOUN
cjal-9251	1322	72	to	to	PART
cjal-9251	1322	73	support	support	VERB
cjal-9251	1322	74	industry	industry	NOUN
cjal-9251	1322	75	development	development	NOUN
cjal-9251	1322	76	(	(	PUNCT
cjal-9251	1322	77	guanyu	guanyu	PROPN
cjal-9251	1322	78	caizheng	caizheng	PROPN
cjal-9251	1322	79	zijin	zijin	PROPN
cjal-9251	1322	80	zhuzi	zhuzi	PROPN
cjal-9251	1322	81	zhengfu	zhengfu	PROPN
cjal-9251	1323	1	touzi	touzi	PROPN
cjal-9251	1323	2	jijin	jijin	PROPN
cjal-9251	1323	3	zhichi	zhichi	PROPN
cjal-9251	1323	4	chonye	chonye	PROPN
cjal-9251	1323	5	fazhan	fazhan	PROPN
cjal-9251	1323	6	de	de	PROPN
cjal-9251	1323	7	zhidao	zhidao	PROPN
cjal-9251	1323	8	yijian)3g$	yijian)3g$	PROPN
cjal-9251	1323	9	csrc	csrc	PROPN
cjal-9251	1323	10	issued	issue	VERB
cjal-9251	1323	11	a	a	DET
cjal-9251	1323	12	pilot	pilot	NOUN
cjal-9251	1323	13	scheme	scheme	NOUN
cjal-9251	1323	14	to	to	PART
cjal-9251	1323	15	grant	grant	VERB
cjal-9251	1323	16	ten	ten	NUM
cjal-9251	1323	17	banks	bank	NOUN
cjal-9251	1323	18	access	access	NOUN
cjal-9251	1323	19	to	to	ADP
cjal-9251	1323	20	vc	vc	PROPN
cjal-9251	1323	21	investments	investment	NOUN
cjal-9251	1323	22	following	follow	VERB
cjal-9251	1323	23	the	the	DET
cjal-9251	1323	24	removal	removal	NOUN
cjal-9251	1323	25	of	of	ADP
cjal-9251	1323	26	a	a	DET
cjal-9251	1323	27	legal	legal	ADJ
cjal-9251	1323	28	bar	bar	NOUN
cjal-9251	1323	29	on	on	ADP
cjal-9251	1323	30	banks	bank	NOUN
cjal-9251	1323	31	holding	hold	VERB
cjal-9251	1323	32	equity	equity	NOUN
cjal-9251	1323	33	in	in	ADP
cjal-9251	1323	34	non	non	ADJ
cjal-9251	1323	35	-	-	ADJ
cjal-9251	1323	36	financial	financial	ADJ
cjal-9251	1323	37	companies	company	NOUN
cjal-9251	1323	38	they	they	PRON
cjal-9251	1323	39	lend	lend	VERB
cjal-9251	1323	40	money	money	NOUN
cjal-9251	1323	41	to.366	to.366	NOUN
cjal-9251	1323	42	implications	implication	NOUN
cjal-9251	1323	43	for	for	ADP
cjal-9251	1323	44	vc	vc	PROPN
cjal-9251	1323	45	market	market	NOUN
cjal-9251	1323	46	allowed	allow	VERB
cjal-9251	1323	47	insurance	insurance	NOUN
cjal-9251	1323	48	funds	fund	NOUN
cjal-9251	1323	49	to	to	PART
cjal-9251	1323	50	invest	invest	VERB
cjal-9251	1323	51	into	into	ADP
cjal-9251	1323	52	venture	venture	NOUN
cjal-9251	1323	53	capital	capital	NOUN
cjal-9251	1323	54	funds	fund	NOUN
cjal-9251	1323	55	regulated	regulate	VERB
cjal-9251	1323	56	the	the	DET
cjal-9251	1323	57	government	government	NOUN
cjal-9251	1323	58	investment	investment	NOUN
cjal-9251	1323	59	funds	fund	NOUN
cjal-9251	1323	60	specified	specify	VERB
cjal-9251	1323	61	on	on	ADP
cjal-9251	1323	62	how	how	SCONJ
cjal-9251	1323	63	to	to	PART
cjal-9251	1323	64	use	use	VERB
cjal-9251	1323	65	the	the	DET
cjal-9251	1323	66	fiscal	fiscal	ADJ
cjal-9251	1323	67	fund	fund	NOUN
cjal-9251	1323	68	in	in	ADP
cjal-9251	1323	69	supporting	support	VERB
cjal-9251	1323	70	industry	industry	NOUN
cjal-9251	1323	71	developments	development	NOUN
cjal-9251	1323	72	allowed	allow	VERB
cjal-9251	1323	73	banks	bank	NOUN
cjal-9251	1323	74	to	to	PART
cjal-9251	1323	75	make	make	VERB
cjal-9251	1323	76	vc	vc	PROPN
cjal-9251	1323	77	investments	investment	NOUN
cjal-9251	1323	78	.	.	PUNCT
cjal-9251	1324	1	accelerating	accelerate	VERB
cjal-9251	1324	2	development	development	NOUN
cjal-9251	1324	3	of	of	ADP
cjal-9251	1324	4	the	the	DET
cjal-9251	1324	5	modern	modern	ADJ
cjal-9251	1324	6	insurance	insurance	NOUN
cjal-9251	1324	7	service	service	NOUN
cjal-9251	1324	8	sector	sector	NOUN
cjal-9251	1324	9	]	]	PUNCT
cjal-9251	1324	10	(	(	PUNCT
cjal-9251	1324	11	promulgated	promulgate	VERB
cjal-9251	1324	12	by	by	ADP
cjal-9251	1324	13	state	state	NOUN
cjal-9251	1324	14	council	council	PROPN
cjal-9251	1324	15	,	,	PUNCT
cjal-9251	1324	16	aug	aug	PROPN
cjal-9251	1324	17	.	.	PROPN
cjal-9251	1324	18	13	13	NUM
cjal-9251	1324	19	,	,	PUNCT
cjal-9251	1324	20	2014	2014	NUM
cjal-9251	1324	21	)	)	PUNCT
cjal-9251	1324	22	,	,	PUNCT
cjal-9251	1324	23	http://bit.ly/2uvmoxf	http://bit.ly/2uvmoxf	PROPN
cjal-9251	1324	24	.	.	PROPN
cjal-9251	1324	25	363	363	NUM
cjal-9251	1324	26	zhongguo	zhongguo	PROPN
cjal-9251	1324	27	baojianhui	baojianhui	PROPN
cjal-9251	1324	28	guanyu	guanyu	PROPN
cjal-9251	1324	29	baoxian	baoxian	PROPN
cjal-9251	1324	30	zijin	zijin	NOUN
cjal-9251	1324	31	touzi	touzi	PROPN
cjal-9251	1324	32	chuangye	chuangye	NOUN
cjal-9251	1325	1	touzi	touzi	PROPN
cjal-9251	1325	2	jijin	jijin	PROPN
cjal-9251	1325	3	youguan	youguan	PROPN
cjal-9251	1325	4	shixiang	shixiang	PROPN
cjal-9251	1325	5	de	de	PROPN
cjal-9251	1325	6	tongzhi	tongzhi	PROPN
cjal-9251	1325	7	(	(	PUNCT
cjal-9251	1325	8	rt	rt	INTJ
cjal-9251	1325	9	,	,	PUNCT
cjal-9251	1325	10	[	[	X
cjal-9251	1325	11	3il	3il	NOUN
cjal-9251	1325	12	~	~	PUNCT
cjal-9251	1325	13	jla£::x-:-f-~il!t.!i'f.i	jla£::x-:-f-~il!t.!i'f.i	NUM
cjal-9251	1325	14	:	:	PUNCT
cjal-9251	1325	15	t	t	PROPN
cjal-9251	1325	16	:	:	PUNCT
cjal-9251	1325	17	l!:.!i'f~1	l!:.!i'f~1	PROPN
cjal-9251	1325	18	~	~	PROPN
cjal-9251	1325	19	t	t	PRON
cjal-9251	1325	20	:	:	PUNCT
cjal-9251	1325	21	l!:!1tali!i.i	l!:!1tali!i.i	NOUN
cjal-9251	1325	22	:	:	PUNCT
cjal-9251	1325	23	ffjc$j)ii(!gjffijij	ffjc$j)ii(!gjffijij	NOUN
cjal-9251	1325	24	)	)	PUNCT
cjal-9251	1326	1	[	[	X
cjal-9251	1326	2	notice	notice	NOUN
cjal-9251	1326	3	of	of	ADP
cjal-9251	1326	4	the	the	DET
cjal-9251	1326	5	circ	circ	NOUN
cjal-9251	1326	6	on	on	ADP
cjal-9251	1326	7	the	the	DET
cjal-9251	1326	8	relevant	relevant	ADJ
cjal-9251	1326	9	matters	matter	NOUN
cjal-9251	1326	10	concerning	concern	VERB
cjal-9251	1326	11	insurance	insurance	NOUN
cjal-9251	1326	12	funds	fund	NOUN
cjal-9251	1326	13	investing	invest	VERB
cjal-9251	1326	14	into	into	ADP
cjal-9251	1326	15	venture	venture	NOUN
cjal-9251	1326	16	capital	capital	NOUN
cjal-9251	1326	17	funds	fund	NOUN
cjal-9251	1326	18	]	]	PUNCT
cjal-9251	1326	19	(	(	PUNCT
cjal-9251	1326	20	promulgated	promulgate	VERB
cjal-9251	1326	21	by	by	ADP
cjal-9251	1326	22	china	china	PROPN
cjal-9251	1326	23	insurance	insurance	PROPN
cjal-9251	1326	24	regulatory	regulatory	ADJ
cjal-9251	1326	25	comm	comm	NOUN
cjal-9251	1326	26	.	.	PUNCT
cjal-9251	1326	27	,	,	PUNCT
cjal-9251	1326	28	dec	dec	PROPN
cjal-9251	1326	29	.	.	PROPN
cjal-9251	1326	30	12	12	NUM
cjal-9251	1326	31	,	,	PUNCT
cjal-9251	1326	32	2014	2014	NUM
cjal-9251	1326	33	,	,	PUNCT
cjal-9251	1326	34	effective	effective	ADJ
cjal-9251	1326	35	dec	dec	PROPN
cjal-9251	1326	36	.	.	PROPN
cjal-9251	1326	37	12	12	NUM
cjal-9251	1326	38	,	,	PUNCT
cjal-9251	1326	39	2014	2014	NUM
cjal-9251	1326	40	)	)	PUNCT
cjal-9251	1326	41	,	,	PUNCT
cjal-9251	1326	42	http://bit.ly/2tbnprn	http://bit.ly/2tbnprn	NOUN
cjal-9251	1326	43	.	.	PUNCT
cjal-9251	1326	44	364	364	NUM
cjal-9251	1326	45	interim	interim	ADJ
cjal-9251	1326	46	measures	measure	NOUN
cjal-9251	1326	47	on	on	ADP
cjal-9251	1326	48	government	government	NOUN
cjal-9251	1326	49	investment	investment	NOUN
cjal-9251	1326	50	funds	fund	NOUN
cjal-9251	1326	51	,	,	PUNCT
cjal-9251	1326	52	supra	supra	PROPN
cjal-9251	1326	53	note	note	NOUN
cjal-9251	1326	54	259	259	NUM
cjal-9251	1326	55	.	.	PUNCT
cjal-9251	1327	1	as	as	ADP
cjal-9251	1327	2	.	.	PUNCT
cjal-9251	1327	3	:	:	PUNCT
cjal-9251	1327	4	;	;	PUNCT
cjal-9251	1328	1	caizhengbu	caizhengbu	PROPN
cjal-9251	1328	2	guanyu	guanyu	PROPN
cjal-9251	1328	3	caizheng	caizheng	PROPN
cjal-9251	1328	4	zijin	zijin	PROPN
cjal-9251	1328	5	zhuzi	zhuzi	PROPN
cjal-9251	1328	6	zhengfu	zhengfu	PROPN
cjal-9251	1328	7	touzi	touzi	PROPN
cjal-9251	1328	8	jijin	jijin	PROPN
cjal-9251	1328	9	zhichi	zhichi	PROPN
cjal-9251	1328	10	chanye	chanye	PROPN
cjal-9251	1328	11	fazhan	fazhan	PROPN
cjal-9251	1328	12	de	de	X
cjal-9251	1328	13	zhidao	zhidao	PROPN
cjal-9251	1328	14	yijian	yijian	PROPN
cjal-9251	1328	15	(	(	PUNCT
cjal-9251	1328	16	mil$!:ffilxf	mil$!:ffilxf	NOUN
cjal-9251	1328	17	-	-	PUNCT
cjal-9251	1328	18	ma.!i'f.i	ma.!i'f.i	ADJ
cjal-9251	1328	19	:	:	PUNCT
cjal-9251	1328	20	t.l	t.l	NOUN
cjal-9251	1328	21	:	:	PUNCT
cjal-9251	1328	22	j;'ii5(jfft	j;'ii5(jfft	NOUN
cjal-9251	1328	23	:	:	PUNCT
cjal-9251	1328	24	l!:.!i'f~.i:5tr.l'f~:&:mf!9fti~:@:jll	l!:.!i'f~.i:5tr.l'f~:&:mf!9fti~:@:jll	PROPN
cjal-9251	1328	25	,	,	PUNCT
cjal-9251	1328	26	)	)	PUNCT
cjal-9251	1329	1	[	[	X
cjal-9251	1329	2	ministry	ministry	NOUN
cjal-9251	1329	3	of	of	ADP
cjal-9251	1329	4	finance	finance	NOUN
cjal-9251	1329	5	's	's	PART
cjal-9251	1329	6	guidance	guidance	NOUN
cjal-9251	1329	7	opinions	opinion	NOUN
cjal-9251	1329	8	on	on	ADP
cjal-9251	1329	9	financial	financial	ADJ
cjal-9251	1329	10	capital	capital	NOUN
cjal-9251	1329	11	injection	injection	NOUN
cjal-9251	1329	12	into	into	ADP
cjal-9251	1329	13	government	government	NOUN
cjal-9251	1329	14	investment	investment	NOUN
cjal-9251	1329	15	funds	fund	NOUN
cjal-9251	1329	16	to	to	PART
cjal-9251	1329	17	support	support	VERB
cjal-9251	1329	18	industry	industry	NOUN
cjal-9251	1329	19	development	development	NOUN
cjal-9251	1329	20	]	]	PUNCT
cjal-9251	1329	21	(	(	PUNCT
cjal-9251	1329	22	promulgated	promulgate	VERB
cjal-9251	1329	23	dec	dec	PROPN
cjal-9251	1329	24	.	.	PROPN
cjal-9251	1329	25	25	25	NUM
cjal-9251	1329	26	,	,	PUNCT
cjal-9251	1329	27	2015	2015	NUM
cjal-9251	1329	28	)	)	PUNCT
cjal-9251	1329	29	,	,	PUNCT
cjal-9251	1329	30	http://bit.ly/2uvmnto	http://bit.ly/2uvmnto	PROPN
cjal-9251	1329	31	.	.	PUNCT
cjal-9251	1330	1	"	"	PUNCT
cjal-9251	1330	2	66	66	NUM
cjal-9251	1330	3	zhu	zhu	PROPN
cjal-9251	1330	4	xiaoshan	xiaoshan	PROPN
cjal-9251	1330	5	(	(	PUNCT
cjal-9251	1330	6	,	,	PUNCT
cjal-9251	1330	7	li:~ljj	li:~ljj	PROPN
cjal-9251	1330	8	!	!	PUNCT
cjal-9251	1330	9	)	)	PUNCT
cjal-9251	1330	10	,	,	PUNCT
cjal-9251	1330	11	2016	2016	NUM
cjal-9251	1330	12	nian	nian	ADJ
cjal-9251	1330	13	chuangtou	chuangtou	PROPN
cjal-9251	1330	14	hangye	hangye	PROPN
cjal-9251	1330	15	shida	shida	PROPN
cjal-9251	1330	16	guanjianci	guanjianci	PROPN
cjal-9251	1330	17	(	(	PUNCT
cjal-9251	1330	18	2016	2016	NUM
cjal-9251	1330	19	mt	mt	PROPN
cjal-9251	1330	20	:	:	PUNCT
cjal-9251	1330	21	l!::fr~	l!::fr~	PROPN
cjal-9251	1330	22	+	+	CCONJ
cjal-9251	1330	23	:	:	PUNCT
cjal-9251	1330	24	:	:	PUNCT
cjal-9251	1330	25	kjctliiil	kjctliiil	ADJ
cjal-9251	1330	26	)	)	PUNCT
cjal-9251	1331	1	[	[	X
cjal-9251	1331	2	vc	vc	NUM
cjal-9251	1331	3	industry	industry	NOUN
cjal-9251	1331	4	's	's	PART
cjal-9251	1331	5	top	top	ADJ
cjal-9251	1331	6	10	10	NUM
cjal-9251	1331	7	key	key	ADJ
cjal-9251	1331	8	words	word	NOUN
cjal-9251	1331	9	for	for	ADP
cjal-9251	1331	10	2016	2016	NUM
cjal-9251	1331	11	]	]	PUNCT
cjal-9251	1331	12	(	(	PUNCT
cjal-9251	1331	13	dec	dec	PROPN
cjal-9251	1331	14	.	.	PROPN
cjal-9251	1331	15	30	30	NUM
cjal-9251	1331	16	,	,	PUNCT
cjal-9251	1331	17	2016	2016	NUM
cjal-9251	1331	18	)	)	PUNCT
cjal-9251	1331	19	,	,	PUNCT
cjal-9251	1331	20	zhengquan	zhengquan	PROPN
cjal-9251	1331	21	shibao	shibao	PROPN
cjal-9251	1331	22	wang	wang	PROPN
cjal-9251	1331	23	(	(	PUNCT
cjal-9251	1331	24	il1~111ffl1aiil	il1~111ffl1aiil	PROPN
cjal-9251	1331	25	)	)	PUNCT
cjal-9251	1331	26	[	[	X
cjal-9251	1331	27	stcn.com	stcn.com	X
cjal-9251	1331	28	]	]	X
cjal-9251	1331	29	,	,	PUNCT
cjal-9251	1331	30	http://bit.ly/2tvlfez	http://bit.ly/2tvlfez	PROPN
cjal-9251	1331	31	.	.	PUNCT
cjal-9251	1332	1	218	218	NUM
cjal-9251	1332	2	dates	date	NOUN
cjal-9251	1332	3	dec	dec	PROPN
cjal-9251	1332	4	.	.	PROPN
cjal-9251	1332	5	30	30	NUM
cjal-9251	1332	6	,	,	PUNCT
cjal-9251	1332	7	2016	2016	NUM
cjal-9251	1332	8	oct	oct	NOUN
cjal-9251	1332	9	.	.	PROPN
cjal-9251	1332	10	31	31	NUM
cjal-9251	1332	11	,	,	PUNCT
cjal-9251	1332	12	2002	2002	NUM
cjal-9251	1332	13	oct	oct	PROPN
cjal-9251	1332	14	.	.	PROPN
cjal-9251	1332	15	27	27	NUM
cjal-9251	1332	16	,	,	PUNCT
cjal-9251	1332	17	2005	2005	NUM
cjal-9251	1332	18	march	march	NOUN
cjal-9251	1332	19	1	1	NUM
cjal-9251	1332	20	,	,	PUNCT
cjal-9251	1332	21	2006	2006	NUM
cjal-9251	1332	22	aug.27,2006	aug.27,2006	NOUN
cjal-9251	1332	23	june	june	PROPN
cjal-9251	1332	24	1	1	NUM
cjal-9251	1332	25	,	,	PUNCT
cjal-9251	1332	26	2007	2007	NUM
cjal-9251	1332	27	collll	collll	NOUN
cjal-9251	1332	28	,	,	PUNCT
cjal-9251	1332	29	fbia	fbia	PROPN
cjal-9251	1332	30	journal	journal	NOUN
cjal-9251	1332	31	of	of	ADP
cjal-9251	1332	32	asian	asian	ADJ
cjal-9251	1332	33	law	law	NOUN
cjal-9251	1333	1	[	[	X
cjal-9251	1333	2	vol	vol	NOUN
cjal-9251	1333	3	.	.	NOUN
cjal-9251	1333	4	30:160	30:160	NUM
cjal-9251	1333	5	law	law	NOUN
cjal-9251	1333	6	/	/	SYM
cjal-9251	1333	7	policy	policy	NOUN
cjal-9251	1333	8	the	the	DET
cjal-9251	1333	9	national	national	ADJ
cjal-9251	1333	10	development	development	PROPN
cjal-9251	1333	11	and	and	CCONJ
cjal-9251	1333	12	reform	reform	PROPN
cjal-9251	1333	13	commission	commission	PROPN
cjal-9251	1333	14	issued	issue	VERB
cjal-9251	1333	15	interim	interim	ADJ
cjal-9251	1333	16	measures	measure	NOUN
cjal-9251	1333	17	for	for	ADP
cjal-9251	1333	18	government	government	NOUN
cjal-9251	1333	19	funded	fund	VERB
cjal-9251	1333	20	industrial	industrial	ADJ
cjal-9251	1333	21	investment	investment	NOUN
cjal-9251	1333	22	fund	fund	NOUN
cjal-9251	1333	23	management	management	NOUN
cjal-9251	1333	24	(	(	PUNCT
cjal-9251	1333	25	zhengfu	zhengfu	PROPN
cjal-9251	1333	26	chuzi	chuzi	PROPN
cjal-9251	1333	27	chanye	chanye	PROPN
cjal-9251	1333	28	t	t	PROPN
cjal-9251	1333	29	-	-	PUNCT
cjal-9251	1333	30	ouzijijin	ouzijijin	NOUN
cjal-9251	1333	31	zhanxing	zhanxe	VERB
cjal-9251	1333	32	guanli	guanli	PROPN
cjal-9251	1333	33	banfa)361	banfa)361	PROPN
cjal-9251	1333	34	implications	implication	NOUN
cjal-9251	1333	35	for	for	ADP
cjal-9251	1333	36	vc	vc	PROPN
cjal-9251	1333	37	market	market	NOUN
cjal-9251	1333	38	regulated	regulate	VERB
cjal-9251	1333	39	fund	fund	NOUN
cjal-9251	1333	40	raising	raising	NOUN
cjal-9251	1333	41	,	,	PUNCT
cjal-9251	1333	42	registration	registration	NOUN
cjal-9251	1333	43	,	,	PUNCT
cjal-9251	1333	44	approval	approval	NOUN
cjal-9251	1333	45	,	,	PUNCT
cjal-9251	1333	46	investments	investment	NOUN
cjal-9251	1333	47	,	,	PUNCT
cjal-9251	1333	48	disclosure	disclosure	NOUN
cjal-9251	1333	49	of	of	ADP
cjal-9251	1333	50	information	information	NOUN
cjal-9251	1333	51	,	,	PUNCT
cjal-9251	1333	52	evaluation	evaluation	NOUN
cjal-9251	1333	53	and	and	CCONJ
cjal-9251	1333	54	other	other	ADJ
cjal-9251	1333	55	issues	issue	NOUN
cjal-9251	1333	56	relating	relate	VERB
cjal-9251	1333	57	to	to	ADP
cjal-9251	1333	58	government	government	NOUN
cjal-9251	1333	59	funded	fund	VERB
cjal-9251	1333	60	industrial	industrial	ADJ
cjal-9251	1333	61	investment	investment	NOUN
cjal-9251	1333	62	fund	fund	NOUN
cjal-9251	1333	63	.	.	PUNCT
cjal-9251	1334	1	financial	financial	ADJ
cjal-9251	1334	2	intermediaries	intermediary	NOUN
cjal-9251	1334	3	"	"	PUNCT
cjal-9251	1334	4	provisions	provision	NOUN
cjal-9251	1334	5	concerning	concern	VERB
cjal-9251	1334	6	the	the	DET
cjal-9251	1334	7	administration	administration	NOUN
cjal-9251	1334	8	of	of	ADP
cjal-9251	1334	9	foreignfunded	foreignfunded	ADJ
cjal-9251	1334	10	venture	venture	NOUN
cjal-9251	1334	11	investment	investment	NOUN
cjal-9251	1334	12	enterprisesn	enterprisesn	NOUN
cjal-9251	1334	13	was	be	AUX
cjal-9251	1334	14	passed	pass	VERB
cjal-9251	1334	15	.	.	PUNCT
cjal-9251	1335	1	368	368	NUM
cjal-9251	1335	2	prc	prc	PROPN
cjal-9251	1335	3	company	company	NOUN
cjal-9251	1335	4	law	law	NOUN
cjal-9251	1335	5	was	be	AUX
cjal-9251	1335	6	revised	revise	VERB
cjal-9251	1335	7	.	.	PUNCT
cjal-9251	1336	1	369	369	NUM
cjal-9251	1336	2	"	"	PUNCT
cjal-9251	1336	3	interim	interim	ADJ
cjal-9251	1336	4	measures	measure	NOUN
cjal-9251	1336	5	for	for	ADP
cjal-9251	1336	6	administration	administration	NOUN
cjal-9251	1336	7	of	of	ADP
cjal-9251	1336	8	start	start	NOUN
cjal-9251	1336	9	-	-	PUNCT
cjal-9251	1336	10	up	up	ADP
cjal-9251	1336	11	investment	investment	NOUN
cjal-9251	1336	12	enterprises	enterprise	NOUN
cjal-9251	1336	13	2005	2005	NUM
cjal-9251	1336	14	"	"	PUNCT
cjal-9251	1336	15	came	come	VERB
cjal-9251	1336	16	into	into	ADP
cjal-9251	1336	17	force.370	force.370	NOUN
cjal-9251	1336	18	regulated	regulated	ADJ
cjal-9251	1336	19	foreign	foreign	ADJ
cjal-9251	1336	20	invested	invest	VERB
cjal-9251	1336	21	enterprises	enterprise	NOUN
cjal-9251	1336	22	.	.	PUNCT
cjal-9251	1337	1	introduced	introduce	VERB
cjal-9251	1337	2	the	the	DET
cjal-9251	1337	3	one	one	NUM
cjal-9251	1337	4	-	-	PUNCT
cjal-9251	1337	5	person	person	NOUN
cjal-9251	1337	6	company	company	NOUN
cjal-9251	1337	7	and	and	CCONJ
cjal-9251	1337	8	streamline	streamline	VERB
cjal-9251	1337	9	the	the	DET
cjal-9251	1337	10	process	process	NOUN
cjal-9251	1337	11	of	of	ADP
cjal-9251	1337	12	setting	set	VERB
cjal-9251	1337	13	up	up	ADP
cjal-9251	1337	14	a	a	DET
cjal-9251	1337	15	company	company	NOUN
cjal-9251	1337	16	.	.	PUNCT
cjal-9251	1338	1	regulated	regulate	VERB
cjal-9251	1338	2	domestic	domestic	ADJ
cjal-9251	1338	3	vc	vc	NOUN
cjal-9251	1338	4	enterprises	enterprise	NOUN
cjal-9251	1338	5	and	and	CCONJ
cjal-9251	1338	6	provided	provide	VERB
cjal-9251	1338	7	tax	tax	NOUN
cjal-9251	1338	8	incentives	incentive	NOUN
cjal-9251	1338	9	to	to	ADP
cjal-9251	1338	10	foreign	foreign	ADJ
cjal-9251	1338	11	invested	invest	VERB
cjal-9251	1338	12	vc	vc	PROPN
cjal-9251	1338	13	enterprises	enterprise	NOUN
cjal-9251	1338	14	.	.	PUNCT
cjal-9251	1339	1	prc	prc	PROPN
cjal-9251	1339	2	partnership	partnership	NOUN
cjal-9251	1339	3	enterprise	enterprise	NOUN
cjal-9251	1339	4	law	law	NOUN
cjal-9251	1339	5	introduced	introduce	VERB
cjal-9251	1339	6	the	the	DET
cjal-9251	1339	7	limited	limited	ADJ
cjal-9251	1339	8	was	be	AUX
cjal-9251	1339	9	passed	pass	VERB
cjal-9251	1339	10	.	.	PUNCT
cjal-9251	1340	1	371	371	NUM
cjal-9251	1340	2	"	"	PUNCT
cjal-9251	1340	3	circular	circular	ADJ
cjal-9251	1340	4	on	on	ADP
cjal-9251	1340	5	tax	tax	NOUN
cjal-9251	1340	6	policies	policy	NOUN
cjal-9251	1340	7	promoting	promote	VERB
cjal-9251	1340	8	development	development	NOUN
cjal-9251	1340	9	of	of	ADP
cjal-9251	1340	10	venture	venture	NOUN
cjal-9251	1340	11	capital	capital	NOUN
cjal-9251	1340	12	enterprises	enterprise	NOUN
cjal-9251	1340	13	"	"	PUNCT
cjal-9251	1340	14	came	come	VERB
cjal-9251	1340	15	into	into	ADP
cjal-9251	1340	16	force.372	force.372	NOUN
cjal-9251	1340	17	partnership	partnership	NOUN
cjal-9251	1340	18	.	.	PUNCT
cjal-9251	1341	1	provided	provide	VERB
cjal-9251	1341	2	tax	tax	NOUN
cjal-9251	1341	3	incentives	incentive	NOUN
cjal-9251	1341	4	to	to	PART
cjal-9251	1341	5	vc	vc	PROPN
cjal-9251	1341	6	invested	invest	VERB
cjal-9251	1341	7	enterprises	enterprise	NOUN
cjal-9251	1341	8	.	.	PUNCT
cjal-9251	1342	1	jg7	jg7	NOUN
cjal-9251	1342	2	interim	interim	ADJ
cjal-9251	1342	3	measures	measure	NOUN
cjal-9251	1342	4	for	for	ADP
cjal-9251	1342	5	government	government	NOUN
cjal-9251	1342	6	funded	fund	VERB
cjal-9251	1342	7	industrial	industrial	ADJ
cjal-9251	1342	8	investment	investment	NOUN
cjal-9251	1342	9	fund	fund	NOUN
cjal-9251	1342	10	management	management	NOUN
cjal-9251	1342	11	,	,	PUNCT
cjal-9251	1342	12	supra	supra	PROPN
cjal-9251	1342	13	note	note	PROPN
cjal-9251	1342	14	272	272	NUM
cjal-9251	1342	15	.	.	NOUN
cjal-9251	1343	1	968	968	NUM
cjal-9251	1343	2	provisions	provision	NOUN
cjal-9251	1343	3	concerning	concern	VERB
cjal-9251	1343	4	the	the	DET
cjal-9251	1343	5	administration	administration	NOUN
cjal-9251	1343	6	of	of	ADP
cjal-9251	1343	7	foreign	foreign	NOUN
cjal-9251	1343	8	-	-	PUNCT
cjal-9251	1343	9	funded	fund	VERB
cjal-9251	1343	10	business	business	NOUN
cjal-9251	1343	11	-	-	PUNCT
cjal-9251	1343	12	starting	start	VERB
cjal-9251	1343	13	investment	investment	NOUN
cjal-9251	1343	14	enterprises	enterprise	NOUN
cjal-9251	1343	15	,	,	PUNCT
cjal-9251	1343	16	supra	supra	PROPN
cjal-9251	1343	17	note	note	NOUN
cjal-9251	1343	18	114	114	NUM
cjal-9251	1343	19	.	.	PUNCT
cjal-9251	1343	20	369	369	NUM
cjal-9251	1343	21	cao	cao	PROPN
cjal-9251	1343	22	kangtai	kangtai	PROPN
cjal-9251	1343	23	(	(	PUNCT
cjal-9251	1343	24	lfffi~	lfffi~	PROPN
cjal-9251	1343	25	)	)	PUNCT
cjal-9251	1343	26	.	.	PUNCT
cjal-9251	1344	1	guanyu	guanyu	PROPN
cjal-9251	1344	2	"	"	PUNCT
cjal-9251	1344	3	zhonghua	zhonghua	PROPN
cjal-9251	1344	4	renmin	renmin	PROPN
cjal-9251	1344	5	gongheguo	gongheguo	PROPN
cjal-9251	1344	6	gongsi	gongsi	PROPN
cjal-9251	1344	7	fa	fa	PROPN
cjal-9251	1344	8	(	(	PUNCT
cjal-9251	1344	9	xiuding	xiuding	NOUN
cjal-9251	1344	10	cao'an	cao'an	NOUN
cjal-9251	1344	11	)	)	PUNCT
cjal-9251	1344	12	de	de	X
cjal-9251	1344	13	shuoming	shuoming	NOUN
cjal-9251	1344	14	(;	(;	ADV
cjal-9251	1344	15	}	}	PUNCT
cjal-9251	1344	16	(:	(:	NOUN
cjal-9251	1344	17	r	r	NOUN
cjal-9251	1344	18	(	(	PUNCT
cjal-9251	1344	19	rp:!f	rp:!f	VERB
cjal-9251	1344	20	<	<	X
cjal-9251	1344	21	a	a	DET
cjal-9251	1344	22	~	~	PROPN
cjal-9251	1344	23	jt	jt	PROPN
cjal-9251	1344	24	~	~	PROPN
cjal-9251	1344	25	ie0ii.l$	ie0ii.l$	NOUN
cjal-9251	1344	26	(	(	PUNCT
cjal-9251	1344	27	~i	~i	X
cjal-9251	1344	28	-	-	PUNCT
cjal-9251	1344	29	t1;t~	t1;t~	PROPN
cjal-9251	1344	30	)	)	PUNCT
cjal-9251	1344	31	)	)	PUNCT
cjal-9251	1345	1	b	b	X
cjal-9251	1345	2	<	<	X
cjal-9251	1345	3	j	j	X
cjal-9251	1345	4	~	~	SYM
cjal-9251	1345	5	rjl	rjl	X
cjal-9251	1345	6	)	)	PUNCT
cjal-9251	1346	1	[	[	X
cjal-9251	1346	2	explanation	explanation	NOUN
cjal-9251	1346	3	of	of	ADP
cjal-9251	1346	4	draft	draft	NOUN
cjal-9251	1346	5	revisions	revision	NOUN
cjal-9251	1346	6	of	of	ADP
cjal-9251	1346	7	the	the	DET
cjal-9251	1346	8	company	company	NOUN
cjal-9251	1346	9	law	law	NOUN
cjal-9251	1346	10	of	of	ADP
cjal-9251	1346	11	the	the	DET
cjal-9251	1346	12	people	people	NOUN
cjal-9251	1346	13	's	's	PART
cjal-9251	1346	14	republic	republic	NOUN
cjal-9251	1346	15	of	of	ADP
cjal-9251	1346	16	china	china	PROPN
cjal-9251	1346	17	]	]	PUNCT
cjal-9251	1346	18	,	,	PUNCT
cjal-9251	1346	19	address	address	NOUN
cjal-9251	1346	20	to	to	ADP
cjal-9251	1346	21	the	the	DET
cjal-9251	1346	22	nat'l	nat'l	NOUN
cjal-9251	1346	23	people	people	NOUN
cjal-9251	1346	24	's	's	PART
cjal-9251	1346	25	cong	cong	NOUN
cjal-9251	1346	26	.	.	PUNCT
cjal-9251	1347	1	(	(	PUNCT
cjal-9251	1347	2	feb	feb	PROPN
cjal-9251	1347	3	.	.	PROPN
cjal-9251	1347	4	25	25	NUM
cjal-9251	1347	5	,	,	PUNCT
cjal-9251	1347	6	2005	2005	NUM
cjal-9251	1347	7	)	)	PUNCT
cjal-9251	1347	8	,	,	PUNCT
cjal-9251	1347	9	http://bit.ly/2tuyeor	http://bit.ly/2tuyeor	PROPN
cjal-9251	1347	10	.	.	PUNCT
cjal-9251	1347	11	370	370	NUM
cjal-9251	1347	12	interim	interim	ADJ
cjal-9251	1347	13	measures	measure	NOUN
cjal-9251	1347	14	for	for	ADP
cjal-9251	1347	15	administration	administration	NOUN
cjal-9251	1347	16	of	of	ADP
cjal-9251	1347	17	start	start	NOUN
cjal-9251	1347	18	-	-	PUNCT
cjal-9251	1347	19	up	up	ADP
cjal-9251	1347	20	investment	investment	NOUN
cjal-9251	1347	21	enterprises	enterprise	NOUN
cjal-9251	1347	22	,	,	PUNCT
cjal-9251	1347	23	supra	supra	PROPN
cjal-9251	1347	24	note	note	NOUN
cjal-9251	1347	25	223	223	NUM
cjal-9251	1347	26	.	.	PUNCT
cjal-9251	1347	27	371	371	NUM
cjal-9251	1347	28	partnership	partnership	NOUN
cjal-9251	1347	29	enterprise	enterprise	NOUN
cjal-9251	1347	30	law	law	NOUN
cjal-9251	1347	31	,	,	PUNCT
cjal-9251	1347	32	supra	supra	PROPN
cjal-9251	1347	33	note	note	PROPN
cjal-9251	1347	34	160	160	NUM
cjal-9251	1347	35	.	.	PUNCT
cjal-9251	1348	1	372	372	NUM
cjal-9251	1348	2	guanyu	guanyu	PROPN
cjal-9251	1348	3	cujin	cujin	NOUN
cjal-9251	1348	4	chuangye	chuangye	NOUN
cjal-9251	1348	5	touzi	touzi	PROPN
cjal-9251	1348	6	qiye	qiye	PROPN
cjal-9251	1348	7	fazhan	fazhan	PROPN
cjal-9251	1348	8	youguan	youguan	PROPN
cjal-9251	1348	9	shuishou	shuishou	PROPN
cjal-9251	1348	10	zhengce	zhengce	PROPN
cjal-9251	1348	11	de	de	PROPN
cjal-9251	1348	12	tongzhi	tongzhi	PROPN
cjal-9251	1348	13	(;	(;	PUNCT
cjal-9251	1348	14	x	x	X
cjal-9251	1348	15	:	:	PUNCT
cjal-9251	1348	16	r{ie	r{ie	NOUN
cjal-9251	1348	17	:	:	PUNCT
cjal-9251	1348	18	i!¤1j	i!¤1j	NUM
cjal-9251	1348	19	~	~	SYM
cjal-9251	1348	20	tl!:~1blk~/i	tl!:~1blk~/i	PROPN
cjal-9251	1348	21	,	,	PUNCT
cjal-9251	1348	22	ff;x:~i&~ffi'i'i	ff;x:~i&~ffi'i'i	NOUN
cjal-9251	1348	23	<	<	X
cjal-9251	1348	24	jii!i~	jii!i~	NOUN
cjal-9251	1348	25	)	)	PUNCT
cjal-9251	1349	1	[	[	X
cjal-9251	1349	2	notice	notice	NOUN
cjal-9251	1349	3	on	on	ADP
cjal-9251	1349	4	relevant	relevant	ADJ
cjal-9251	1349	5	tax	tax	NOUN
cjal-9251	1349	6	policies	policy	NOUN
cjal-9251	1349	7	for	for	ADP
cjal-9251	1349	8	promoting	promote	VERB
cjal-9251	1349	9	development	development	NOUN
cjal-9251	1349	10	of	of	ADP
cjal-9251	1349	11	venture	venture	NOUN
cjal-9251	1349	12	capital	capital	NOUN
cjal-9251	1349	13	industry	industry	NOUN
cjal-9251	1349	14	]	]	PUNCT
cjal-9251	1349	15	,	,	PUNCT
cjal-9251	1349	16	jointly	jointly	ADV
cjal-9251	1349	17	issued	issue	VERB
cjal-9251	1349	18	by	by	ADP
cjal-9251	1349	19	ministry	ministry	PROPN
cjal-9251	1349	20	of	of	ADP
cjal-9251	1349	21	finance	finance	PROPN
cjal-9251	1349	22	and	and	CCONJ
cjal-9251	1349	23	state	state	PROPN
cjal-9251	1349	24	administration	administration	NOUN
cjal-9251	1349	25	of	of	ADP
cjal-9251	1349	26	taxation	taxation	PROPN
cjal-9251	1349	27	,	,	PUNCT
cjal-9251	1349	28	feb	feb	PROPN
cjal-9251	1349	29	.	.	PROPN
cjal-9251	1349	30	7	7	NUM
cjal-9251	1349	31	,	,	PUNCT
cjal-9251	1349	32	2007	2007	NUM
cjal-9251	1349	33	,	,	PUNCT
cjal-9251	1349	34	effective	effective	ADJ
cjal-9251	1349	35	jan	jan	PROPN
cjal-9251	1349	36	.	.	PROPN
cjal-9251	1349	37	1	1	NUM
cjal-9251	1349	38	,	,	PUNCT
cjal-9251	1349	39	2006	2006	NUM
cjal-9251	1349	40	,	,	PUNCT
cjal-9251	1349	41	http://bit.ly/2sdyack	http://bit.ly/2sdyack	PROPN
cjal-9251	1349	42	2017	2017	NUM
cjal-9251	1349	43	]	]	PUNCT
cjal-9251	1349	44	dates	date	VERB
cjal-9251	1349	45	june	june	PROPN
cjal-9251	1349	46	25	25	NUM
cjal-9251	1349	47	,	,	PUNCT
cjal-9251	1349	48	2008	2008	NUM
cjal-9251	1349	49	oct	oct	NOUN
cjal-9251	1349	50	.	.	PROPN
cjal-9251	1349	51	18	18	NUM
cjal-9251	1349	52	,	,	PUNCT
cjal-9251	1349	53	2008	2008	NUM
cjal-9251	1349	54	nov.25	nov.25	NOUN
cjal-9251	1349	55	,	,	PUNCT
cjal-9251	1349	56	2009	2009	NUM
cjal-9251	1349	57	dec	dec	PROPN
cjal-9251	1349	58	.	.	PROPN
cjal-9251	1349	59	28	28	NUM
cjal-9251	1349	60	,	,	PUNCT
cjal-9251	1349	61	2013	2013	NUM
cjal-9251	1349	62	sept	sept	NOUN
cjal-9251	1349	63	.	.	PROPN
cjal-9251	1349	64	2015	2015	NUM
cjal-9251	1349	65	mar	mar	PROPN
cjal-9251	1349	66	.	.	PROPN
cjal-9251	1349	67	1986	1986	NUM
cjal-9251	1349	68	engineering	engineer	VERB
cjal-9251	1349	69	a	a	DET
cjal-9251	1349	70	venture	venture	NOUN
cjal-9251	1349	71	capital	capital	NOUN
cjal-9251	1349	72	market	market	NOUN
cjal-9251	1349	73	2	2	NUM
cjal-9251	1349	74	19	19	NUM
cjal-9251	1349	75	law	law	NOUN
cjal-9251	1349	76	/	/	SYM
cjal-9251	1349	77	policy	policy	NOUN
cjal-9251	1349	78	"	"	PUNCT
cjal-9251	1349	79	operational	operational	ADJ
cjal-9251	1349	80	guidelines	guideline	NOUN
cjal-9251	1349	81	for	for	ADP
cjal-9251	1349	82	the	the	DET
cjal-9251	1349	83	private	private	ADJ
cjal-9251	1349	84	equity	equity	NOUN
cjal-9251	1349	85	investment	investment	NOUN
cjal-9251	1349	86	trust	trust	NOUN
cjal-9251	1349	87	business	business	NOUN
cjal-9251	1349	88	of	of	ADP
cjal-9251	1349	89	trust	trust	NOUN
cjal-9251	1349	90	companies	company	NOUN
cjal-9251	1349	91	2008	2008	NUM
cjal-9251	1349	92	"	"	PUNCT
cjal-9251	1349	93	came	come	VERB
cjal-9251	1349	94	into	into	ADP
cjal-9251	1349	95	force.s1s	force.s1s	PROPN
cjal-9251	1349	96	"	"	PUNCT
cjal-9251	1349	97	gui	gui	NOUN
cjal-9251	1349	98	ding	ding	NOUN
cjal-9251	1349	99	opinions	opinion	NOUN
cjal-9251	1349	100	on	on	ADP
cjal-9251	1349	101	the	the	DET
cjal-9251	1349	102	normalized	normalize	VERB
cjal-9251	1349	103	establishment	establishment	NOUN
cjal-9251	1349	104	and	and	CCONJ
cjal-9251	1349	105	operation	operation	NOUN
cjal-9251	1349	106	of	of	ADP
cjal-9251	1349	107	the	the	DET
cjal-9251	1349	108	venture	venture	NOUN
cjal-9251	1349	109	capital	capital	NOUN
cjal-9251	1349	110	guiding	guiding	NOUN
cjal-9251	1349	111	fund	fund	NOUN
cjal-9251	1349	112	made	make	VERB
cjal-9251	1349	113	by	by	ADP
cjal-9251	1349	114	the	the	DET
cjal-9251	1349	115	departments	department	NOUN
cjal-9251	1349	116	including	include	VERB
cjal-9251	1349	117	the	the	DET
cjal-9251	1349	118	development	development	NOUN
cjal-9251	1349	119	reform	reform	PROPN
cjal-9251	1349	120	commission	commission	PROPN
cjal-9251	1349	121	"	"	PUNCT
cjal-9251	1349	122	was	be	AUX
cjal-9251	1349	123	issued	issue	VERB
cjal-9251	1349	124	.	.	PUNCT
cjal-9251	1350	1	37•	37•	NUM
cjal-9251	1350	2	administrative	administrative	ADJ
cjal-9251	1350	3	measures	measure	NOUN
cjal-9251	1350	4	for	for	ADP
cjal-9251	1350	5	the	the	DET
cjal-9251	1350	6	establishment	establishment	NOUN
cjal-9251	1350	7	of	of	ADP
cjal-9251	1350	8	partnership	partnership	NOUN
cjal-9251	1350	9	enterprises	enterprise	NOUN
cjal-9251	1350	10	within	within	ADP
cjal-9251	1350	11	china	china	PROPN
cjal-9251	1350	12	by	by	ADP
cjal-9251	1350	13	foreign	foreign	ADJ
cjal-9251	1350	14	enterprises	enterprise	NOUN
cjal-9251	1350	15	or	or	CCONJ
cjal-9251	1350	16	individuals	individual	NOUN
cjal-9251	1350	17	was	be	AUX
cjal-9251	1350	18	published	publish	VERB
cjal-9251	1350	19	.	.	PUNCT
cjal-9251	1351	1	376	376	NUM
cjal-9251	1351	2	amendments	amendment	NOUN
cjal-9251	1351	3	to	to	ADP
cjal-9251	1351	4	the	the	DET
cjal-9251	1351	5	prc	prc	PROPN
cjal-9251	1351	6	company	company	NOUN
cjal-9251	1351	7	law	law	NOUN
cjal-9251	1351	8	,	,	PUNCT
cjal-9251	1351	9	effective	effective	ADJ
cjal-9251	1351	10	on	on	ADP
cjal-9251	1351	11	march	march	PROPN
cjal-9251	1351	12	1	1	NUM
cjal-9251	1351	13	2014	2014	NUM
cjal-9251	1351	14	.	.	PUNCT
cjal-9251	1352	1	376	376	NUM
cjal-9251	1352	2	china	china	PROPN
cjal-9251	1352	3	's	's	PART
cjal-9251	1352	4	business	business	NOUN
cjal-9251	1352	5	registration	registration	NOUN
cjal-9251	1352	6	system	system	NOUN
cjal-9251	1352	7	reform	reform	NOUN
cjal-9251	1352	8	on	on	ADP
cjal-9251	1352	9	integrating	integrate	VERB
cjal-9251	1352	10	"	"	PUNCT
cjal-9251	1352	11	t	t	PROPN
cjal-9251	1352	12	hree	hree	PROPN
cjal-9251	1352	13	certificates	certificate	NOUN
cjal-9251	1352	14	into	into	ADP
cjal-9251	1352	15	one	one	NUM
cjal-9251	1352	16	"	"	PUNCT
cjal-9251	1352	17	with	with	ADP
cjal-9251	1352	18	unified	unified	ADJ
cjal-9251	1352	19	credit	credit	NOUN
cjal-9251	1352	20	codes	code	NOUN
cjal-9251	1352	21	.	.	PUNCT
cjal-9251	1353	1	371	371	NUM
cjal-9251	1353	2	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1353	3	launch	launch	NOUN
cjal-9251	1353	4	of	of	ADP
cjal-9251	1353	5	national	national	ADJ
cjal-9251	1353	6	high	high	ADJ
cjal-9251	1353	7	technology	technology	NOUN
cjal-9251	1353	8	research	research	NOUN
cjal-9251	1353	9	and	and	CCONJ
cjal-9251	1353	10	development	development	NOUN
cjal-9251	1353	11	program	program	NOUN
cjal-9251	1353	12	of	of	ADP
cjal-9251	1353	13	china	china	PROPN
cjal-9251	1353	14	(	(	PUNCT
cjal-9251	1353	15	863	863	NUM
cjal-9251	1353	16	program	program	NOUN
cjal-9251	1353	17	)	)	PUNCT
cjal-9251	1353	18	.	.	PUNCT
cjal-9251	1354	1	378	378	NUM
cjal-9251	1354	2	implications	implication	NOUN
cjal-9251	1354	3	for	for	ADP
cjal-9251	1354	4	vc	vc	PROPN
cjal-9251	1354	5	market	market	NOUN
cjal-9251	1354	6	regulated	regulate	VERB
cjal-9251	1354	7	trust	trust	NOUN
cjal-9251	1354	8	-	-	PUNCT
cjal-9251	1354	9	type	type	NOUN
cjal-9251	1354	10	funds	fund	NOUN
cjal-9251	1354	11	.	.	PUNCT
cjal-9251	1355	1	provided	provide	VERB
cjal-9251	1355	2	clearer	clear	ADJ
cjal-9251	1355	3	guidance	guidance	NOUN
cjal-9251	1355	4	on	on	ADP
cjal-9251	1355	5	the	the	DET
cjal-9251	1355	6	operation	operation	NOUN
cjal-9251	1355	7	of	of	ADP
cjal-9251	1355	8	the	the	DET
cjal-9251	1355	9	funds	fund	NOUN
cjal-9251	1355	10	.	.	PUNCT
cjal-9251	1356	1	provided	provide	VERB
cjal-9251	1356	2	a	a	DET
cjal-9251	1356	3	new	new	ADJ
cjal-9251	1356	4	foreign	foreign	ADJ
cjal-9251	1356	5	-	-	PUNCT
cjal-9251	1356	6	invested	invest	VERB
cjal-9251	1356	7	vehicle	vehicle	NOUN
cjal-9251	1356	8	for	for	ADP
cjal-9251	1356	9	foreigners	foreigner	NOUN
cjal-9251	1356	10	.	.	PUNCT
cjal-9251	1357	1	abolished	abolish	VERB
cjal-9251	1357	2	the	the	DET
cjal-9251	1357	3	requirement	requirement	NOUN
cjal-9251	1357	4	of	of	ADP
cjal-9251	1357	5	minimum	minimum	ADJ
cjal-9251	1357	6	registered	register	VERB
cjal-9251	1357	7	capital	capital	NOUN
cjal-9251	1357	8	.	.	PUNCT
cjal-9251	1358	1	streamlining	streamline	VERB
cjal-9251	1358	2	the	the	DET
cjal-9251	1358	3	regis	regis	PROPN
cjal-9251	1358	4	tration	tration	PROPN
cjal-9251	1358	5	process	process	NOUN
cjal-9251	1358	6	of	of	ADP
cjal-9251	1358	7	starting	start	VERB
cjal-9251	1358	8	a	a	DET
cjal-9251	1358	9	business	business	NOUN
cjal-9251	1358	10	.	.	PUNCT
cjal-9251	1359	1	aimed	aim	VERB
cjal-9251	1359	2	to	to	PART
cjal-9251	1359	3	improve	improve	VERB
cjal-9251	1359	4	the	the	DET
cjal-9251	1359	5	country	country	NOUN
cjal-9251	1359	6	's	's	PART
cjal-9251	1359	7	innovation	innovation	NOUN
cjal-9251	1359	8	ability	ability	NOUN
cjal-9251	1359	9	and	and	CCONJ
cjal-9251	1359	10	development	development	NOUN
cjal-9251	1359	11	of	of	ADP
cjal-9251	1359	12	cutting	cut	VERB
cjal-9251	1359	13	-	-	PUNCT
cjal-9251	1359	14	edge	edge	NOUN
cjal-9251	1359	15	technology	technology	NOUN
cjal-9251	1359	16	.	.	PUNCT
cjal-9251	1360	1	373	373	NUM
cjal-9251	1360	2	operational	operational	ADJ
cjal-9251	1360	3	guidelines	guideline	NOUN
cjal-9251	1360	4	for	for	ADP
cjal-9251	1360	5	private	private	ADJ
cjal-9251	1360	6	equity	equity	NOUN
cjal-9251	1360	7	investment	investment	NOUN
cjal-9251	1360	8	business	business	NOUN
cjal-9251	1360	9	trust	trust	NOUN
cjal-9251	1360	10	companies	company	NOUN
cjal-9251	1360	11	,	,	PUNCT
cjal-9251	1360	12	supra	supra	PROPN
cjal-9251	1360	13	note	note	NOUN
cjal-9251	1360	14	178	178	NUM
cjal-9251	1360	15	.	.	PUNCT
cjal-9251	1361	1	974	974	NUM
cjal-9251	1361	2	opinion	opinion	NOUN
cjal-9251	1361	3	on	on	ADP
cjal-9251	1361	4	venture	venture	NOUN
cjal-9251	1361	5	capital	capital	NOUN
cjal-9251	1361	6	fund	fund	NOUN
cjal-9251	1361	7	specifications	specification	NOUN
cjal-9251	1361	8	and	and	CCONJ
cjal-9251	1361	9	operational	operational	ADJ
cjal-9251	1361	10	guidance	guidance	NOUN
cjal-9251	1361	11	,	,	PUNCT
cjal-9251	1361	12	supra	supra	PROPN
cjal-9251	1361	13	note	note	NOUN
cjal-9251	1361	14	81	81	NUM
cjal-9251	1361	15	.	.	PUNCT
cjal-9251	1362	1	s76	s76	NOUN
cjal-9251	1362	2	provisions	provision	NOUN
cjal-9251	1362	3	on	on	ADP
cjal-9251	1362	4	the	the	DET
cjal-9251	1362	5	registration	registration	NOUN
cjal-9251	1362	6	of	of	ADP
cjal-9251	1362	7	foreign	foreign	NOUN
cjal-9251	1362	8	-	-	PUNCT
cjal-9251	1362	9	funded	fund	VERB
cjal-9251	1362	10	partnership	partnership	NOUN
cjal-9251	1362	11	enterprises	enterprise	NOUN
cjal-9251	1362	12	,	,	PUNCT
cjal-9251	1362	13	supra	supra	PROPN
cjal-9251	1362	14	note	note	PROPN
cjal-9251	1362	15	335	335	NUM
cjal-9251	1362	16	.	.	PUNCT
cjal-9251	1363	1	376	376	NUM
cjal-9251	1363	2	gongsifa	gongsifa	NOUN
cjal-9251	1363	3	xiugai	xiugai	NOUN
cjal-9251	1363	4	yian	yian	ADJ
cjal-9251	1363	5	huo	huo	PROPN
cjal-9251	1363	6	tongguo	tongguo	PROPN
cjal-9251	1363	7	zhuce	zhuce	PROPN
cjal-9251	1363	8	renjiaozhi	renjiaozhi	PROPN
cjal-9251	1363	9	queli	queli	PROPN
cjal-9251	1363	10	(	(	PUNCT
cjal-9251	1363	11	0iili"!~i&i	0iili"!~i&i	NOUN
cjal-9251	1363	12	-	-	PUNCT
cjal-9251	1363	13	x;fe	x;fe	PROPN
cjal-9251	1363	14	~	~	PUNCT
cjal-9251	1363	15	il!ii	il!ii	NUM
cjal-9251	1363	16	:	:	PUNCT
cjal-9251	1363	17	t	t	NOUN
cjal-9251	1363	18	it	it	PRON
cjal-9251	1363	19	jilt	jilt	VERB
cjal-9251	1363	20	ia	ia	PROPN
cjal-9251	1363	21	.	.	PROPN
cjal-9251	1363	22	iii	iii	PROPN
cjal-9251	1363	23	:	:	PUNCT
cjal-9251	1363	24	f!itlliffl	f!itlliffl	X
cjal-9251	1363	25	.:i'l	.:i'l	PUNCT
cjal-9251	1363	26	)	)	PUNCT
cjal-9251	1364	1	[	[	X
cjal-9251	1364	2	compan	compan	NOUN
cjal-9251	1364	3	y	y	PROPN
cjal-9251	1364	4	law	law	PROPN
cjal-9251	1364	5	aniendment	aniendment	NOUN
cjal-9251	1364	6	bill	bill	NOUN
cjal-9251	1364	7	has	have	AUX
cjal-9251	1364	8	passed	pass	VERB
cjal-9251	1364	9	registration	registration	NOUN
cjal-9251	1364	10	system	system	NOUN
cjal-9251	1364	11	is	be	AUX
cjal-9251	1364	12	confirmed	confirm	VERB
cjal-9251	1364	13	]	]	X
cjal-9251	1364	14	(	(	PUNCT
cjal-9251	1364	15	dec	dec	PROPN
cjal-9251	1364	16	.	.	PROPN
cjal-9251	1364	17	29	29	NUM
cjal-9251	1364	18	,	,	PUNCT
cjal-9251	1364	19	2013	2013	NUM
cjal-9251	1364	20	)	)	PUNCT
cjal-9251	1364	21	,	,	PUNCT
cjal-9251	1364	22	caixin	caixin	NOUN
cjal-9251	1364	23	(	(	PUNCT
cjal-9251	1364	24	m;j"ffi	m;j"ffi	PROPN
cjal-9251	1364	25	)	)	PUNCT
cjal-9251	1364	26	[	[	X
cjal-9251	1364	27	caixin.com	caixin.com	X
cjal-9251	1364	28	]	]	X
cjal-9251	1364	29	,	,	PUNCT
cjal-9251	1364	30	http://bit	http://bit	PROPN
cjal-9251	1364	31	.	.	PUNCT
cjal-9251	1365	1	ly/2twtxbi	ly/2twtxbi	AUX
cjal-9251	1365	2	.	.	PROPN
cjal-9251	1366	1	377	377	NUM
cjal-9251	1366	2	guowuyuan	guowuyuan	PROPN
cjal-9251	1366	3	bangongting	bangongte	VERB
cjal-9251	1366	4	guany	guany	NOUN
cjal-9251	1366	5	u	u	PROPN
cjal-9251	1366	6	jiakuai	jiakuai	PROPN
cjal-9251	1366	7	tuijin	tuijin	NOUN
cjal-9251	1366	8	"	"	PUNCT
cjal-9251	1366	9	san	san	PROPN
cjal-9251	1366	10	zheng	zheng	X
cjal-9251	1366	11	he	he	PRON
cjal-9251	1366	12	yi	yi	PROPN
cjal-9251	1366	13	"	"	PUNCT
cjal-9251	1366	14	dengji	dengji	PROPN
cjal-9251	1366	15	zhidu	zhidu	PROPN
cjal-9251	1366	16	gaige	gaige	PROPN
cjal-9251	1366	17	de	de	PROPN
cjal-9251	1366	18	yijian	yijian	PROPN
cjal-9251	1366	19	(	(	PUNCT
cjal-9251	1366	20	li~~/.r0	li~~/.r0	PROPN
cjal-9251	1366	21	/	/	SYM
cjal-9251	1366	22	fx:-f-1ju~1m.i£"-=iieft-"!!icf!itl/.j!'.i&.i¥i(l(j:@:ji	fx:-f-1ju~1m.i£"-=iieft-"!!icf!itl/.j!'.i&.i¥i(l(j:@:ji	NOUN
cjal-9251	1366	23	!	!	PUNCT
cjal-9251	1366	24	.	.	PUNCT
cjal-9251	1366	25	)	)	PUNCT
cjal-9251	1367	1	[	[	X
cjal-9251	1367	2	opinions	opinion	NOUN
cjal-9251	1367	3	of	of	ADP
cjal-9251	1367	4	general	general	ADJ
cjal-9251	1367	5	office	office	NOUN
cjal-9251	1367	6	of	of	ADP
cjal-9251	1367	7	the	the	DET
cjal-9251	1367	8	state	state	NOUN
cjal-9251	1367	9	council	council	PROPN
cjal-9251	1367	10	on	on	ADP
cjal-9251	1367	11	accelerati	accelerati	PROPN
cjal-9251	1367	12	ng	ng	PROPN
cjal-9251	1367	13	the	the	DET
cjal-9251	1367	14	reform	reform	NOUN
cjal-9251	1367	15	of	of	ADP
cjal-9251	1367	16	the	the	DET
cjal-9251	1367	17	"	"	PUNCT
cjal-9251	1367	18	unification	unification	NOUN
cjal-9251	1367	19	of	of	ADP
cjal-9251	1367	20	three	three	NUM
cjal-9251	1367	21	certificates	certificate	NOUN
cjal-9251	1367	22	"	"	PUNCT
cjal-9251	1367	23	registration	registration	NOUN
cjal-9251	1367	24	system	system	NOUN
cjal-9251	1367	25	]	]	PUNCT
cjal-9251	1367	26	(	(	PUNCT
cjal-9251	1367	27	promulgated	promulgate	VERB
cjal-9251	1367	28	jun	jun	PROPN
cjal-9251	1367	29	.	.	PROPN
cjal-9251	1367	30	29	29	NUM
cjal-9251	1367	31	,	,	PUNCT
cjal-9251	1367	32	2015	2015	NUM
cjal-9251	1367	33	)	)	PUNCT
cjal-9251	1367	34	,	,	PUNCT
cjal-9251	1367	35	http://bit.ly/2ty	http://bit.ly/2ty	PROPN
cjal-9251	1367	36	h5rt	h5rt	PROPN
cjal-9251	1367	37	.	.	PROPN
cjal-9251	1368	1	378	378	NUM
cjal-9251	1368	2	press	press	NOUN
cjal-9251	1368	3	release	release	NOUN
cjal-9251	1368	4	,	,	PUNCT
cjal-9251	1368	5	keji	keji	PROPN
cjal-9251	1368	6	bu	bu	PROPN
cjal-9251	1368	7	(	(	PUNCT
cjal-9251	1368	8	.wttllil	.wttllil	PUNCT
cjal-9251	1368	9	)	)	PUNCT
cjal-9251	1369	1	[	[	X
cjal-9251	1369	2	ministry	ministry	NOUN
cjal-9251	1369	3	of	of	ADP
cjal-9251	1369	4	science	science	NOUN
cjal-9251	1369	5	and	and	CCONJ
cjal-9251	1369	6	technology	technology	NOUN
cjal-9251	1369	7	]	]	PUNCT
cjal-9251	1369	8	,	,	PUNCT
cjal-9251	1369	9	guojia	guojia	NOUN
cjal-9251	1369	10	gaojishu	gaojishu	NOUN
cjal-9251	1369	11	yanjiu	yanjiu	PROPN
cjal-9251	1369	12	fazhan	fazhan	PROPN
cjal-9251	1369	13	jihua	jihua	PROPN
cjal-9251	1369	14	(	(	PUNCT
cjal-9251	1369	15	863	863	NUM
cjal-9251	1369	16	jihua	jihua	NOUN
cjal-9251	1369	17	)	)	PUNCT
cjal-9251	1369	18	jiandu	jiandu	NOUN
cjal-9251	1369	19	weiyuanhui	weiyuanhui	PROPN
cjal-9251	1369	20	chengli	chengli	PROPN
cjal-9251	1369	21	(	(	PUNCT
cjal-9251	1369	22	ie*iltti	ie*iltti	PROPN
cjal-9251	1369	23	,	,	PUNCT
cjal-9251	1369	24	mlf-'1:~	mlf-'1:~	PROPN
cjal-9251	1369	25	jihtijj	jihtijj	PROPN
cjal-9251	1369	26	(	(	PUNCT
cjal-9251	1369	27	863	863	NUM
cjal-9251	1369	28	ittlj	ittlj	NOUN
cjal-9251	1369	29	)	)	PUNCT
cjal-9251	1369	30	lla'l!m~.91~/i.lg.:i'l	lla'l!m~.91~/i.lg.:i'l	VERB
cjal-9251	1369	31	)	)	PUNCT
cjal-9251	1370	1	[	[	X
cjal-9251	1370	2	supervisory	supervisory	ADJ
cjal-9251	1370	3	committee	committee	NOUN
cjal-9251	1370	4	established	establish	VERB
cjal-9251	1370	5	for	for	ADP
cjal-9251	1370	6	national	national	ADJ
cjal-9251	1370	7	high	high	ADJ
cjal-9251	1370	8	technology	technology	NOUN
cjal-9251	1370	9	research	research	NOUN
cjal-9251	1370	10	and	and	CCONJ
cjal-9251	1370	11	development	development	NOUN
cjal-9251	1370	12	program	program	NOUN
cjal-9251	1370	13	(	(	PUNCT
cjal-9251	1370	14	863	863	NUM
cjal-9251	1370	15	program	program	NOUN
cjal-9251	1370	16	)	)	PUNCT
cjal-9251	1370	17	]	]	PUNCT
cjal-9251	1370	18	(	(	PUNCT
cjal-9251	1370	19	aug	aug	PROPN
cjal-9251	1370	20	.	.	PROPN
cjal-9251	1370	21	30	30	NUM
cjal-9251	1370	22	,	,	PUNCT
cjal-9251	1370	23	2002	2002	NUM
cjal-9251	1370	24	)	)	PUNCT
cjal-9251	1370	25	,	,	PUNCT
cjal-9251	1370	26	http	http	ADV
cjal-9251	1370	27	:	:	PUNCT
cjal-9251	1370	28	//bit.ly/2ty6djc	//bit.ly/2ty6djc	NOUN
cjal-9251	1370	29	.	.	PUNCT
cjal-9251	1371	1	220	220	NUM
cjal-9251	1371	2	dates	date	NOUN
cjal-9251	1371	3	aug	aug	PROPN
cjal-9251	1371	4	.	.	PROPN
cjal-9251	1371	5	1988	1988	NUM
cjal-9251	1371	6	may	may	AUX
cjal-9251	1371	7	4	4	NUM
cjal-9251	1371	8	,	,	PUNCT
cjal-9251	1371	9	1998	1998	NUM
cjal-9251	1371	10	nov	nov	NOUN
cjal-9251	1371	11	.	.	PROPN
cjal-9251	1371	12	20	20	NUM
cjal-9251	1371	13	,	,	PUNCT
cjal-9251	1371	14	2014	2014	NUM
cjal-9251	1371	15	mar	mar	PROPN
cjal-9251	1371	16	.	.	PROPN
cjal-9251	1371	17	2	2	NUM
cjal-9251	1371	18	,	,	PUNCT
cjal-9251	1371	19	2015	2015	NUM
cjal-9251	1371	20	col	col	PROPN
cjal-9251	1371	21	umbia	umbia	PROPN
cjal-9251	1371	22	journal	journal	PROPN
cjal-9251	1371	23	of	of	ADP
cjal-9251	1371	24	asian	asian	ADJ
cjal-9251	1371	25	law	law	NOUN
cjal-9251	1372	1	[	[	X
cjal-9251	1372	2	vol	vol	NOUN
cjal-9251	1372	3	.	.	NOUN
cjal-9251	1372	4	30:160	30:160	NUM
cjal-9251	1372	5	law	law	NOUN
cjal-9251	1372	6	/	/	SYM
cjal-9251	1372	7	policy	policy	NOUN
cjal-9251	1372	8	the	the	DET
cjal-9251	1372	9	torch	torch	NOUN
cjal-9251	1372	10	plan	plan	NOUN
cjal-9251	1372	11	was	be	AUX
cjal-9251	1372	12	launched	launch	VERB
cjal-9251	1372	13	.	.	PUNCT
cjal-9251	1373	1	379	379	NUM
cjal-9251	1373	2	project	project	NOUN
cjal-9251	1373	3	985	985	NUM
cjal-9251	1373	4	was	be	AUX
cjal-9251	1373	5	launched	launch	VERB
cjal-9251	1373	6	.	.	PUNCT
cjal-9251	1374	1	aao	aao	PROPN
cjal-9251	1374	2	"	"	PUNCT
cjal-9251	1374	3	opinions	opinion	NOUN
cjal-9251	1374	4	of	of	ADP
cjal-9251	1374	5	the	the	DET
cjal-9251	1374	6	state	state	NOUN
cjal-9251	1374	7	coun	coun	PROPN
cjal-9251	1374	8	cil	cil	PROPN
cjal-9251	1374	9	on	on	ADP
cjal-9251	1374	10	supporting	support	VERB
cjal-9251	1374	11	the	the	DET
cjal-9251	1374	12	sound	sound	ADJ
cjal-9251	1374	13	development	development	NOUN
cjal-9251	1374	14	of	of	ADP
cjal-9251	1374	15	micro	micro	ADJ
cjal-9251	1374	16	and	and	CCONJ
cjal-9251	1374	17	small	small	ADJ
cjal-9251	1374	18	enter	enter	VERB
cjal-9251	1374	19	pri	pri	PROPN
cjal-9251	1374	20	ses	ses	PROPN
cjal-9251	1374	21	"	"	PUNCT
cjal-9251	1374	22	introduced	introduce	VERB
cjal-9251	1374	23	.	.	PUNCT
cjal-9251	1375	1	as•	as•	X
cjal-9251	1375	2	implications	implication	NOUN
cjal-9251	1375	3	for	for	ADP
cjal-9251	1375	4	vc	vc	PROPN
cjal-9251	1375	5	market	market	NOUN
cjal-9251	1375	6	a	a	DET
cjal-9251	1375	7	guiding	guide	VERB
cjal-9251	1375	8	plan	plan	NOUN
cjal-9251	1375	9	for	for	ADP
cjal-9251	1375	10	the	the	DET
cjal-9251	1375	11	deve	deve	PROPN
cjal-9251	1375	12	lopm	lopm	PROPN
cjal-9251	1375	13	ent	ent	NOUN
cjal-9251	1375	14	of	of	ADP
cjal-9251	1375	15	high	high	ADJ
cjal-9251	1375	16	tec	tec	ADJ
cjal-9251	1375	17	h	h	NOUN
cjal-9251	1375	18	industries	industry	NOUN
cjal-9251	1375	19	.	.	PUNCT
cjal-9251	1376	1	aimed	aim	VERB
cjal-9251	1376	2	to	to	PART
cjal-9251	1376	3	develop	develop	VERB
cjal-9251	1376	4	world	world	NOUN
cjal-9251	1376	5	-	-	PUNCT
cjal-9251	1376	6	class	class	NOUN
cjal-9251	1376	7	univ	univ	PROPN
cjal-9251	1376	8	ersit	ersit	PROPN
cjal-9251	1376	9	ies	ies	PROPN
cjal-9251	1376	10	.	.	PROPN
cjal-9251	1376	11	introduc	introduc	PROPN
cjal-9251	1376	12	ed	ed	PROPN
cjal-9251	1376	13	policy	policy	NOUN
cjal-9251	1376	14	measures	measure	NOUN
cjal-9251	1376	15	to	to	PART
cjal-9251	1376	16	support	support	VERB
cjal-9251	1376	17	smes	sme	NOUN
cjal-9251	1376	18	through	through	ADP
cjal-9251	1376	19	financial	financial	PROPN
cjal-9251	1376	20	s	s	PROPN
cjal-9251	1376	21	upport	upport	ADJ
cjal-9251	1376	22	,	,	PUNCT
cjal-9251	1376	23	tax	tax	NOUN
cjal-9251	1376	24	incent	incent	NOUN
cjal-9251	1376	25	ives	ive	NOUN
cjal-9251	1376	26	,	,	PUNCT
cjal-9251	1376	27	etc	etc	X
cjal-9251	1376	28	.	.	X
cjal-9251	1377	1	"	"	PUNCT
cjal-9251	1377	2	opinio	opinio	X
cjal-9251	1377	3	ns	ns	NUM
cjal-9251	1377	4	of	of	ADP
cjal-9251	1377	5	the	the	DET
cjal-9251	1377	6	state	state	NOUN
cjal-9251	1377	7	council	council	PROPN
cjal-9251	1377	8	on	on	ADP
cjal-9251	1377	9	promoted	promote	VERB
cjal-9251	1377	10	mark	mark	PROPN
cjal-9251	1377	11	et	et	PROPN
cjal-9251	1377	12	-	-	PUNCT
cjal-9251	1377	13	orie	orie	PROPN
cjal-9251	1377	14	ntated	ntate	VERB
cjal-9251	1377	15	mass	mass	NOUN
cjal-9251	1377	16	the	the	DET
cjal-9251	1377	17	expansion	expansion	NOUN
cjal-9251	1377	18	of	of	ADP
cjal-9251	1377	19	the	the	DET
cjal-9251	1377	20	space	space	NOUN
cjal-9251	1377	21	for	for	ADP
cjal-9251	1377	22	innovation	innovation	NOUN
cjal-9251	1377	23	.	.	PUNCT
cjal-9251	1378	1	mass	mass	ADJ
cjal-9251	1378	2	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1378	3	and	and	CCONJ
cjal-9251	1378	4	the	the	DET
cjal-9251	1378	5	promotion	promotion	NOUN
cjal-9251	1378	6	of	of	ADP
cjal-9251	1378	7	mass	mass	ADJ
cjal-9251	1378	8	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1378	9	"	"	PUNCT
cjal-9251	1378	10	iss	iss	PROPN
cjal-9251	1378	11	ued.382	ued.382	VERB
cjal-9251	1378	12	3'19	3'19	NUM
cjal-9251	1378	13	hu	hu	PROPN
cjal-9251	1378	14	oju	oju	PROPN
cjal-9251	1378	15	jihua	jihua	PROPN
cjal-9251	1378	16	xiangmu	xiangmu	PROPN
cjal-9251	1378	17	(:	(:	VERB
cjal-9251	1378	18	k	k	NOUN
cjal-9251	1378	19	:	:	PUNCT
cjal-9251	1378	20	l	l	NOUN
cjal-9251	1378	21	:	:	PUNCT
cjal-9251	1378	22	t	t	X
cjal-9251	1378	23	!	!	PUNCT
cjal-9251	1379	1	it	it	PRON
cjal-9251	1379	2	-	-	PUNCT
cjal-9251	1379	3	ill	ill	ADJ
cjal-9251	1379	4	l'.!il	l'.!il	ADJ
cjal-9251	1379	5	l	l	NOUN
cjal-9251	1379	6	=	=	NOUN
cjal-9251	1379	7	l	l	NOUN
cjal-9251	1379	8	)	)	PUNCT
cjal-9251	1380	1	[	[	X
cjal-9251	1380	2	torch	torch	NOUN
cjal-9251	1380	3	project	project	NOUN
cjal-9251	1380	4	]	]	PUNCT
cjal-9251	1380	5	,	,	PUNCT
cjal-9251	1380	6	kexue	kexue	PROPN
cjal-9251	1380	7	jishubu	jishubu	PROPN
cjal-9251	1380	8	huoju	huoju	PROPN
cjal-9251	1380	9	gaojishu	gaojishu	NOUN
cjal-9251	1380	10	chanye	chanye	PROPN
cjal-9251	1380	11	kai	kai	PROPN
cjal-9251	1380	12	fa	fa	PROPN
cjal-9251	1380	13	zhongxin	zhongxin	PROPN
cjal-9251	1380	14	(	(	PUNCT
cjal-9251	1380	15	:	:	PUNCT
cjal-9251	1380	16	m	m	VERB
cjal-9251	1380	17	'	'	NUM
cjal-9251	1380	18	7	7	NUM
cjal-9251	1380	19	'	'	PUNCT
cjal-9251	1380	20	tt	tt	X
cjal-9251	1380	21	;	;	PUNCT
cjal-9251	1380	22	;	;	PUNCT
cjal-9251	1380	23	tt	tt	PROPN
cjal-9251	1380	24	till	till	SCONJ
cjal-9251	1380	25	:	:	PUNCT
cjal-9251	1380	26	k	k	PROPN
cjal-9251	1380	27	1	1	NUM
cjal-9251	1380	28	:	:	PUNCT
cjal-9251	1380	29	e	e	SYM
cjal-9251	1380	30	i'/:i	i'/:i	PROPN
cjal-9251	1380	31	!	!	PUNCT
cjal-9251	1380	32	t	t	PROPN
cjal-9251	1380	33	;	;	PUNCT
cjal-9251	1380	34	;	;	PUNCT
cjal-9251	1380	35	tt	tt	PROPN
cjal-9251	1380	36	/	/	SYM
cjal-9251	1380	37	"	"	PUNCT
cjal-9251	1380	38	jf	jf	PROPN
cjal-9251	1380	39	1st	1st	PROPN
cjal-9251	1381	1	q	q	X
cjal-9251	1381	2	:	:	PUNCT
cjal-9251	1381	3	,	,	PUNCT
cjal-9251	1381	4	,	,	PUNCT
cjal-9251	1381	5	c	c	X
cjal-9251	1381	6	,	,	PUNCT
cjal-9251	1381	7	,	,	PUNCT
cjal-9251	1381	8	)	)	PUNCT
cjal-9251	1382	1	[	[	X
cjal-9251	1382	2	torch	torch	NOUN
cjal-9251	1382	3	high	high	ADJ
cjal-9251	1382	4	technology	technology	NOUN
cjal-9251	1382	5	indu	indu	NOUN
cjal-9251	1382	6	stry	stry	PROPN
cjal-9251	1382	7	development	development	PROPN
cjal-9251	1382	8	center	center	PROPN
cjal-9251	1382	9	,	,	PUNCT
cjal-9251	1382	10	ministry	ministry	PROPN
cjal-9251	1382	11	of	of	ADP
cjal-9251	1382	12	s	s	PROPN
cjal-9251	1382	13	cience	cience	PROPN
cjal-9251	1382	14	&	&	CCONJ
cjal-9251	1382	15	technology	technology	PROPN
cjal-9251	1382	16	]	]	PUNCT
cjal-9251	1382	17	,	,	PUNCT
cjal-9251	1382	18	http	http	X
cjal-9251	1382	19	:	:	PUNCT
cjal-9251	1382	20	//bit	//bit	NOUN
cjal-9251	1382	21	.	.	PUNCT
cjal-9251	1383	1	ly/2tc	ly/2tc	NOUN
cjal-9251	1383	2	qsgd	qsgd	VERB
cjal-9251	1383	3	.	.	PUNCT
cjal-9251	1384	1	380	380	NUM
cjal-9251	1384	2	press	press	NOUN
cjal-9251	1384	3	release	release	NOUN
cjal-9251	1384	4	,	,	PUNCT
cjal-9251	1384	5	jiaoyu	jiaoyu	NOUN
cjal-9251	1384	6	bu	bu	PROPN
cjal-9251	1384	7	(	(	PUNCT
cjal-9251	1384	8	l!j	l!j	PROPN
cjal-9251	1384	9	{	{	PUNCT
cjal-9251	1384	10	j,$	j,$	PROPN
cjal-9251	1384	11	)	)	PUNCT
cjal-9251	1385	1	[	[	X
cjal-9251	1385	2	ministry	ministry	NOUN
cjal-9251	1385	3	of	of	ADP
cjal-9251	1385	4	education	education	PROPN
cjal-9251	1385	5	]	]	PUNCT
cjal-9251	1385	6	,	,	PUNCT
cjal-9251	1385	7	"	"	PUNCT
cjal-9251	1385	8	985	985	NUM
cjal-9251	1385	9	gongc	gongc	PROPN
cjal-9251	1385	10	heng	heng	PROPN
cjal-9251	1385	11	"	"	PUNCT
cjal-9251	1385	12	jianjie	jianjie	PROPN
cjal-9251	1385	13	(	(	PUNCT
cjal-9251	1385	14	"	"	PUNCT
cjal-9251	1385	15	985	985	NUM
cjal-9251	1385	16	i	i	PRON
cjal-9251	1385	17	:	:	PUNCT
cjal-9251	1385	18	fi"\wjft	fi"\wjft	PROPN
cjal-9251	1385	19	)	)	PUNCT
cjal-9251	1385	20	[	[	X
cjal-9251	1385	21	intr	intr	NOUN
cjal-9251	1385	22	oductio	oductio	NOUN
cjal-9251	1385	23	n	n	ADP
cjal-9251	1385	24	to	to	PART
cjal-9251	1385	25	"	"	PUNCT
cjal-9251	1385	26	985	985	NUM
cjal-9251	1385	27	project	project	NOUN
cjal-9251	1385	28	"	"	PUNCT
cjal-9251	1385	29	]	]	PUNCT
cjal-9251	1385	30	,	,	PUNCT
cjal-9251	1385	31	http	http	PROPN
cjal-9251	1385	32	:	:	PUNCT
cjal-9251	1385	33	//bit.ly	//bit.ly	PUNCT
cjal-9251	1386	1	/2t3dua	/2t3dua	PUNCT
cjal-9251	1387	1	o.	o.	NOUN
cjal-9251	1387	2	381	381	NUM
cjal-9251	1387	3	guwuyuan	guwuyuan	PROPN
cjal-9251	1387	4	guanyu	guanyu	PROPN
cjal-9251	1387	5	fuchi	fuchi	PROPN
cjal-9251	1387	6	xiaoxing	xiaoxe	VERB
cjal-9251	1387	7	weixing	weixe	VERB
cjal-9251	1387	8	qiye	qiye	PROPN
cjal-9251	1387	9	jiankang	jiankang	PROPN
cjal-9251	1387	10	fazhan	fazhan	PROPN
cjal-9251	1387	11	de	de	PROPN
cjal-9251	1387	12	yiji	yiji	PROPN
cjal-9251	1387	13	an	an	DET
cjal-9251	1387	14	(	(	PUNCT
cjal-9251	1387	15	00~	00~	PROPN
cjal-9251	1387	16	~	~	SYM
cjal-9251	1387	17	*	*	PUNCT
cjal-9251	1387	18	r~~	r~~	NOUN
cjal-9251	1387	19	,	,	PUNCT
cjal-9251	1387	20	j-!tll,'tl~{e~{@./.,jf:,£m(i(]~~	j-!tll,'tl~{e~{@./.,jf:,£m(i(]~~	PROPN
cjal-9251	1387	21	)	)	PUNCT
cjal-9251	1388	1	[	[	X
cjal-9251	1388	2	opini	opini	PROPN
cjal-9251	1388	3	ons	ons	PROPN
cjal-9251	1388	4	of	of	ADP
cjal-9251	1388	5	state	state	PROPN
cjal-9251	1388	6	council	council	PROPN
cjal-9251	1388	7	on	on	ADP
cjal-9251	1388	8	supporting	support	VERB
cjal-9251	1388	9	health	health	NOUN
cjal-9251	1388	10	y	y	PROPN
cjal-9251	1388	11	developm	developm	VERB
cjal-9251	1388	12	ent	ent	NOUN
cjal-9251	1388	13	of	of	ADP
cjal-9251	1388	14	small	small	ADJ
cjal-9251	1388	15	and	and	CCONJ
cjal-9251	1388	16	micro	micro	NOUN
cjal-9251	1388	17	-	-	NOUN
cjal-9251	1388	18	enterprises	enterprise	NOUN
cjal-9251	1388	19	]	]	PUNCT
cjal-9251	1388	20	(	(	PUNCT
cjal-9251	1388	21	promulgat	promulgat	NOUN
cjal-9251	1388	22	~	~	PROPN
cjal-9251	1388	23	d	d	PROPN
cjal-9251	1388	24	nov	nov	PROPN
cjal-9251	1388	25	.	.	PROPN
cjal-9251	1388	26	20	20	NUM
cjal-9251	1388	27	,	,	PUNCT
cjal-9251	1388	28	2014	2014	NUM
cjal-9251	1388	29	)	)	PUNCT
cjal-9251	1388	30	,	,	PUNCT
cjal-9251	1388	31	http	http	ADV
cjal-9251	1388	32	:	:	PUNCT
cjal-9251	1388	33	//bit.ly	//bit.ly	PUNCT
cjal-9251	1388	34	/2u	/2u	PUNCT
cjal-9251	1388	35	btr6u	btr6u	PROPN
cjal-9251	1388	36	.	.	PUNCT
cjal-9251	1389	1	38"l	38"l	NUM
cjal-9251	1389	2	guowuyuan	guowuyuan	PROPN
cjal-9251	1389	3	bangongting	bangongte	VERB
cjal-9251	1389	4	guanyu	guanyu	PROPN
cjal-9251	1389	5	faz	faz	PROPN
cjal-9251	1389	6	han	han	PROPN
cjal-9251	1389	7	zhongchuang	zhongchuang	PROPN
cjal-9251	1389	8	kongjian	kongjian	PROPN
cjal-9251	1389	9	tuijin	tuijin	PROPN
cjal-9251	1389	10	dazhong	dazhong	PROPN
cjal-9251	1389	11	chuangxin	chuangxin	PROPN
cjal-9251	1389	12	chuangye	chuangye	PROPN
cjal-9251	1389	13	de	de	X
cjal-9251	1389	14	zhidao	zhidao	PROPN
cjal-9251	1389	15	yijian	yijian	PROPN
cjal-9251	1389	16	(	(	PUNCT
cjal-9251	1389	17	l	l	NOUN
cjal-9251	1389	18	:	:	PUNCT
cjal-9251	1389	19	iil~~1jihf::x	iil~~1jihf::x	NOUN
cjal-9251	1389	20	:	:	PUNCT
cjal-9251	1389	21	rlstma¤•j£fehfti1!:j;;:a¤•j	rlstma¤•j£fehfti1!:j;;:a¤•j	NOUN
cjal-9251	1389	22	~	~	NOUN
cjal-9251	1389	23	m\jli(i	m\jli(i	X
cjal-9251	1389	24	(	(	PUNCT
cjal-9251	1389	25	]	]	X
cjal-9251	1389	26	ffi	ffi	PROPN
cjal-9251	1389	27	-	-	PUNCT
cjal-9251	1389	28	d':@;~	d':@;~	PROPN
cjal-9251	1389	29	)	)	PUNCT
cjal-9251	1390	1	[	[	X
cjal-9251	1390	2	office	office	NOUN
cjal-9251	1390	3	of	of	ADP
cjal-9251	1390	4	state	state	PROPN
cjal-9251	1390	5	council	council	NOUN
cjal-9251	1390	6	's	's	PART
cjal-9251	1390	7	guidance	guidance	NOUN
cjal-9251	1390	8	opinions	opinion	NOUN
cjal-9251	1390	9	on	on	ADP
cjal-9251	1390	10	the	the	DET
cjal-9251	1390	11	development	development	NOUN
cjal-9251	1390	12	of	of	ADP
cjal-9251	1390	13	publi	publi	PROPN
cjal-9251	1390	14	c	c	PROPN
cjal-9251	1390	15	space	space	NOUN
cjal-9251	1390	16	to	to	ADP
cjal-9251	1390	17	prom	prom	PROPN
cjal-9251	1390	18	ote	ote	PROPN
cjal-9251	1390	19	innovation	innovation	NOUN
cjal-9251	1390	20	and	and	CCONJ
cjal-9251	1390	21	entrepreneurship	entrepreneurship	NOUN
cjal-9251	1390	22	]	]	PUNCT
cjal-9251	1390	23	(	(	PUNCT
cjal-9251	1390	24	promulgated	promulgate	VERB
cjal-9251	1390	25	mar	mar	PROPN
cjal-9251	1390	26	.	.	PROPN
cjal-9251	1390	27	11	11	NUM
cjal-9251	1390	28	,	,	PUNCT
cjal-9251	1390	29	2015	2015	NUM
cjal-9251	1390	30	)	)	PUNCT
cjal-9251	1390	31	,	,	PUNCT
cjal-9251	1390	32	http	http	NOUN
cjal-9251	1390	33	:	:	PUNCT
cjal-9251	1390	34	//bit.ly	//bit.ly	PUNCT
cjal-9251	1390	35	/2twdtzl	/2twdtzl	ADJ
cjal-9251	1390	36	.	.	PUNCT
