FOFWEEKLY·2025-10-28 10:06Group 1 - The Zhejiang Social Security Science and Technology Innovation Fund has officially launched in Zhejiang, marking a significant step in supporting innovation-driven development strategies in China [1] - The fund is jointly established by the Zhejiang Provincial Government, the National Social Security Fund Council, and Agricultural Bank of China, reflecting a strong collaboration between industry and finance [1] - The initial scale of the fund is 50 billion yuan, aimed at leveraging social capital to invest in key areas of scientific and technological innovation [1] Group 2 - The fund's establishment is aligned with the spirit of the 20th National Congress of the Communist Party of China, emphasizing the importance of patient capital in fostering new productive forces [1] - The fund aims to accelerate the construction of a modern industrial system unique to Zhejiang, promoting localized development of new productive forces [1]