Xin Hua Wang·2025-10-27 13:30Core Viewpoint - The Zhejiang Social Security Science and Technology Innovation Fund, with a scale of 50 billion yuan, has been officially established to facilitate the flow of financial resources into the real economy and support the integration of technological and industrial innovation [1] Group 1: Fund Establishment and Purpose - The fund aims to enhance effective investment in supporting technological innovation and the deep integration of industrial innovation [1] - It is jointly funded by the Zhejiang provincial government, the National Social Security Fund Council, and Agricultural Bank of China [1] - The signing ceremony for the fund took place in Hangzhou, Zhejiang [1] Group 2: Investment Strategy - The fund will operate under principles of marketization, rule of law, and professionalism, with the autonomy to select projects [1] - It will focus on building a modern industrial system, emphasizing intelligent, green, and integrated development [1] - The fund aims to support major strategies, key areas, and weak links, promoting the use of new technologies to upgrade traditional industries [1] Group 3: Future Plans - The National Social Security Fund Council plans to increase its investment in the real economy, ensuring effective resource allocation and high-quality funding supply [1] - The focus will be on supporting the integration of technological and industrial innovation [1] - The investment operations will be conducted in a standardized and orderly manner [1]