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China launched three mega venture funds over $7B each to boost hard tech and tech independence.
China has launched three state-backed venture capital funds, each exceeding $7.14 billion, to invest in hard technology sectors like semiconductors, robotics, and aerospace, as part of a national push for technological self-reliance.
The funds, officially established on December 26, 2025, aim to support high-risk, long-term R&D in foundational industries, reduce dependence on foreign innovation, and stimulate private investment.
The move underscores Beijing’s strategic focus on advancing critical technologies amid global economic and geopolitical challenges.
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China lanzó tres mega fondos de riesgo de más de $ 7B cada uno para impulsar la tecnología y la independencia tecnológica.