The Beijing Economic-Technological Development Area (Beijing E-Town) recently announced that the scale of its fund cluster has exceeded 50 billion yuan ($7.13 billion).

This fund cluster in Beijing E-Town focuses on serving national strategies, supporting future industries, and empowering the demonstration area of industrial innovation for the creation of new quality productive forces.

It includes a 30 billion yuan AIC equity investment fund and an industrial investment fund of over 2 billion yuan.

As of now, Beijing E-Town has established a comprehensive fund management system including direct investment funds, market-oriented sub-funds, merger funds, and CVC funds. It has built a healthy fund ecosystem covering the entire life cycle of enterprise development from the seed stage to angel investment, VC, and PE stages. The ecosystem aims to serve the four leading industries and future industries in Beijing E-Town, providing abundant financial resources to fully integrate innovation chains, industrial chains, fund chains, service chains, and talent chains.

At present, Beijing E-Town is actively constructing four national strategic industry clusters, continuously strengthening the four leading industries and six future industries, and customizing the development of an industry innovation demonstration zone of new quality productive forces according to local conditions. In order to fully leverage long-term funds and patient capital as "boosters" for high-quality economic development, Beijing E-Town is coordinating fiscal funds and State-owned capital, increasing supporting financial assistance, continuously optimizing the entrepreneurial investment environment, and attracting more social capital to support regional industrial development with a leverage of 5 times.

Beijing E-Town will also utilize the investment support and resource integration role of the E-Town fund system, attract more social capital to flow into the area, promote the deep integration of funds and technology, drive industrial development engines, and continuously advance the construction of new quality productive forces and the establishment of a modern industrial system in the region.