China is creating a huge fund to help tech companies grow! It's like a giant piggy bank with $138 billion to invest in cool new inventions. This money will go to businesses working on things like super-fast computers and clean energy.
The plan is to support businesses for a long time, even if things get risky. It's all part of China's goal to become a leader in technology.
This big investment will help create many new jobs and amazing inventions!
- The fund will invest in areas like AI, quantum tech, and clean energy.
- It will focus on helping new companies get started.
- China hopes this will boost its economy and make it a global tech leader.
| Fact | Number |
|---|---|
| Amount of money in the fund | $138 billion |
| Target economic growth for China | ~5% |
