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flag ICBC launches $11.04 billion fund to invest in tech sectors, aligning with China's 2025 policy goals.

flag China's Industrial and Commercial Bank of China (ICBC) has launched an 80 billion yuan ($11.04 billion) fund to invest in "hard technology" areas like semiconductors and advanced manufacturing, supporting the private economy. flag This aligns with China's 2025 policy goals to boost consumption and technological innovation amid tensions with the U.S.

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