BEIJING, June 25 (Xinhua) -- The Beijing Science & Technology Innovation Fund, a large-scale and long-term government-guided fund in China, was officially launched on June 24.
Xu Qiang, director of the Beijing Municipal Science & Technology Commission, disclosed that the total value of its parent fund reached 30 billion yuan, and is planned to reach 100 billion yuan.
The fund will not only invest in projects in Beijing, but also can invest into other provinces and regions at home and abroad, said Xu.
The key investment areas of the Beijing Science and Technology Innovation Fund include optoelectronics, next-generation information technology, nanotechnology, strategic new materials, new energy, bio-pharmaceuticals, smart manufacturing, modern agriculture, modern transportation, energy conservation and environmental protection, brain cognition and brain-like intelligence , quantum computing and quantum communication, big data, artificial intelligence and other 14 high-end hard technology industries. (Edited by Ma Xin, maxin11@xinhua.org)
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