[Hangzhou SASAC: the total size of Hangzhou industrial fund cluster will eventually exceed 300 billion yuan]. Hangzhou SASAC issued a public announcement on "opinions on the implementation of Hangzhou Industrial Fund Cluster to promote the Development of Strategic emerging Industries", led by the Hangzhou Municipal Government. Integrate and set up Hangzhou Science and Technology Fund, Hangzhou Innovation Fund and Hangzhou M & A Fund, which participate in investing in N industry parent funds, sub-funds, special sub-funds, etc., and finally form a "3000N" Hangzhou fund cluster with a total scale of more than 300 billion yuan.