Core Viewpoint - The Central Enterprise Strategic Emerging Industry Development Fund has been officially launched, with an initial fundraising of 51 billion yuan, aimed at supporting the development of strategic emerging industries in China [1][2]. Group 1: Fund Overview - The fund is initiated by the State-owned Assets Supervision and Administration Commission (SASAC) and managed by China Reform Holdings Corporation [1]. - The fund will focus on investments in areas such as new generation information technology, artificial intelligence, new energy, new materials, high-end equipment, biomedicine, and quantum technology [1]. - The establishment of the fund is seen as a crucial step in supporting the development of strategic emerging industries by central enterprises [1]. Group 2: Investment Strategy - The fund aims to address the weaknesses in the industrial chain of state-owned enterprises and to promote cutting-edge innovation [1]. - The SASAC emphasizes a new positioning, approach, team, and mechanism for the fund, focusing on enhancing new productive forces and serving the development of strategic emerging industries [1]. Group 3: Fund Management and Performance - China Reform Holdings has been identified as a pilot for state capital operation since early 2016 and transitioned to a deepening reform phase in December 2022 [1]. - As of October 28, the fund management company has invested in over 320 projects, totaling more than 120 billion yuan [2].
央企战新基金启航 首期募集510亿元
Xin Hua Wang·2025-10-29 13:16