The three major 100 billion funds in Hangzhou, Zhejiang Province have landed.

Xinhua News Agency, May 31, China (Hangzhou)-- at the 2023 China (Hangzhou) Industry and Finance Ecological Summit, the three major 100 billion funds were released. It is reported that on the basis of the original, Hangzhou has upgraded to build three 100 billion parent funds, namely, the Hangzhou Science and Technology Fund, the Hangzhou Innovation Fund and the Hangzhou M & A Fund, to promote the formation of a "3000N" Hangzhou fund cluster with a total size of more than 300 billion yuan. The meeting also issued the "Hangzhou Industry Investment and Finance Ecological Building Action Declaration" and "Hangzhou Science and Technology Innovation Group to implement Science and Technology Finance" 1 million "Project Action Plan".