以“强省强市”为支点 “强治理+精运作”并重 国家级“耐心资本”布局科创进入新阶段

Core Viewpoint - The establishment of the social security science and technology innovation funds in Jiangsu and Zhejiang provinces, each with an initial scale of 50 billion yuan, marks a significant step in the national-level "patient capital" strategy for deepening investment in the science and technology innovation sector [1] Group 1: Fund Establishment and Structure - The Jiangsu social security science and technology innovation fund was launched in Suzhou on October 31, 2023, in collaboration with the National Social Security Fund, Jiangsu provincial government, and Suzhou municipal government [1] - The Zhejiang social security science and technology innovation fund was established on October 27, 2023, through a partnership involving the Zhejiang provincial government, the National Social Security Fund, and Agricultural Bank of China [1] - Both funds aim to leverage social capital for investment in the science and technology sector, supporting the "Innovation Zhejiang" initiative and the development of new productivity [1] Group 2: Differentiated Operation Strategies - The funds are designed to adapt to local industrial characteristics, with Jiangsu focusing on high-end manufacturing and biomedicine, while Zhejiang emphasizes strategic emerging industries and future industries [2][3] - Jiangsu's fund employs a "mother fund + direct investment" dual-layer structure, allowing for rapid adjustments in investment strategies based on local industry strengths [3] - Zhejiang's fund utilizes a "1+6" mother-son fund matrix, aiming to establish six sub-funds by the end of 2025, each targeting specific sectors [2] Group 3: Central-Local-Financial Collaboration - The establishment of these funds reflects the implementation of the national development and reform commission's guidelines for enhancing coordination between national and local funds [4] - The collaboration involves the National Social Security Fund providing long-term capital support, local governments offering project resources and policy backing, and large financial institutions like Agricultural Bank of China facilitating financial services [5] - This model addresses the challenges of traditional fund operations by ensuring a cohesive interaction between funding, projects, and management, thereby fostering a sustainable innovation ecosystem [5]