Sunday, 29 March, 2026
China Launches Massive Venture Capital Funds to Fuel Hard Tech Innovation
By Isha
China has established several state-backed venture capital funds to drive investment into "hard technology" sectors, according to state media. These funds target critical areas like semiconductors, advanced manufacturing, and aerospace to achieve greater technological self-reliance. By channeling capital into deep-tech startups, Beijing aims to counter foreign export curbs and solidify its global competitive edge.
Read full story at Economic Times