AGRICULTURAL BANK OF CHINA(SH:601288) 投中网·2025-10-28 03:43Core Viewpoint - The establishment of the Zhejiang Social Security Science and Technology Innovation Fund, with an initial scale of 50 billion yuan, aims to support innovation-driven development and enhance the modern industrial system in Zhejiang [2][3]. Group 1 - The Zhejiang Social Security Science and Technology Innovation Fund was officially launched in Hangzhou on October 27, marking a significant step in supporting innovation in the region [3]. - The fund is a collaboration between the Zhejiang provincial government, the National Social Security Fund Council, and Agricultural Bank of China, reflecting a strong partnership between industry and finance [3]. - The fund's initial scale is set at 50 billion yuan, which will leverage social capital to invest in key areas of technological innovation [3]. Group 2 - The fund is designed to align with the national strategy for innovation-driven development and aims to bolster patient capital in the region [3]. - It is expected to facilitate the development of new productive forces tailored to local conditions, thereby accelerating the construction of a modern industrial system unique to Zhejiang [3].