
"Patient capital" has become increasingly active at digital trade fairs, with state-owned funds and financial institutions deeply connected with the science and technology innovation industry
AI-generated summary
Zhejiang's regional innovation capability ranks fourth in the country for four consecutive years, and its digital economic development level ranks among the top in the country. The 5th Global Digital Trade Expo was held in Hangzhou from September 23 to 27.
China News Service, Hangzhou, September 27 (Xi Jinyan) From September 23 to 27, the 5th Global Digital Trade Expo was held in Hangzhou. As an important window in the field of global digital trade, this digital trade fair not only focuses on displaying cutting-edge technologies, innovative products and application scenarios, but also becomes an important platform for observing capital flows, industrial trends and science and technology innovation ecology.
Compared with previous years, "patient capital" has become more active at this digital trade fair, and the picture of the in-depth connection between the science and technology industry and financial capital has become clearer. From the port and shipping scene to the AI industry chain, from state-owned funds to financial institutions, a "two-way rush" with capital as the link and technology as the traction is accelerating in Zhijiang.
The so-called "patient capital" emphasizes long-termism, value investment and industry companionship. It does not take short-term returns as its sole orientation, but pays more attention to growing together with the industry and evolving with technology. This feature is particularly obvious at this digital trade fair. The innovation incubation section brings together a large number of hard technology and digital innovation companies. Project roadshows, capital matchmaking, and technology demonstrations are intertwined, making the exhibition not only a window to "see technology" but also a platform to "find partners."
As a financial sector enterprise under Zhejiang Haigang Group, Zhejiang Haigang Asset Management Co., Ltd. ("Zhegang Asset Management" for short), together with Haigang Venture Capital and Zhegang Leasing, participated in the Digital Trade Fair for the first time and made an appearance in the "HATCH-TECH" science and technology innovation ecological area of the artificial intelligence exhibition area. For this state-owned asset management platform that has grown up relying on world-class hub port resources, participating in the exhibition is not only a display, but also a proactive attack with scenes, funds, and needs.
It is reported that Seaport Venture Capital, as the main platform for the fund business of Zhejiang Seaport Group, focuses on the ecological construction of the port and shipping industry. Through professional fund management and market-oriented operating mechanisms, it uses capital as a link to promote innovation in the port and shipping industry and the integration of upstream and downstream resources. Zhejiang Gang Leasing is mainly engaged in consulting services related to direct leasing, sale and leaseback, commercial factoring and financial leasing, providing diversified financial support for industrial chain enterprises.
"This is the first time I have participated in the Digital Trade Fair this year." Ni Jialu, deputy general manager of Harbor Venture Capital, said that during this exhibition, Harbor Venture Capital "looked for technology with scenarios and found partners with funds" and truly felt the investment promotion effect of the Digital Trade Fair. For example, the innovation incubation section where the company is located has brought together a large number of hard technology and digital innovation companies, and the Digital Trade Fair as a whole has also gathered many high-quality companies, many of which are highly matched with the fund's investment direction.
"We hope to rely on the long-term mechanism of the Digital Trade Fair platform to give full play to the leading role of state-owned capital, explore more high-quality projects that can be implemented, and promote the 'two-way rush' between cutting-edge technology and the port industry." Ni Jialu said.
From ports to oceans and aerospace, from the upstream and downstream of the industrial chain to digital innovation scenarios, state-owned funds are participating in the transformation and upgrading of Zhejiang's digital trade and port and shipping economy in a more patient, professional, and industry-friendly manner.
In addition to state-owned funds, many financial institutions also showed off their financial resources at this digital trade fair, demonstrating the latest practices of financial support for technological innovation and digital trade. In the ICBC exhibition area, the AI map display area focuses on material chips, computing power models, perception control, and intelligent applications, transforming artificial intelligence into real scenes that can be seen, felt, and experienced. Visitors can visit along the main line and intuitively feel the chain extension of AI from underlying technology to industry applications. This is not only an integrated feast of scientific and technological achievements, but also the epitome of two-way empowerment, symbiosis and mutual prosperity between finance and scientific innovation.
The person in charge of the booth said that every step of an AI technology from the laboratory to industrialization, R&D, production line expansion, and market development is inseparable from financial support—start-up capital in the chip laboratory, financial guarantee for the construction of intelligent computing centers, and scientific and technological enterprises from start-up to landing in the capital market. Financial water does not only intervene in a certain link, but continues to flow along the entire cycle of the AI industry chain.
In terms of supporting artificial intelligence, the bank relies on industry maps, professional teams, exclusive services, theme activities, etc. to deeply embed financial services into the entire cycle of the AI industry chain, covering upstream supporting facilities such as chips, advanced packaging, liquid cooling, and optical modules, while reaching various intelligent application scenarios. From "looking at the industry" to "understanding the industry", from "providing funds" to "allocating resources", financial institutions are accelerating their transformation from traditional credit service providers to co-builders of the scientific and technological innovation ecosystem.
The two-way rush of science and technology innovation and capital cannot be separated from the soil of a rich innovation ecology. Up to now, Zhejiang's regional innovation capability has ranked fourth in the country for four consecutive years, and its digital economic development level ranks among the top in the country. Industrial clusters worth hundreds of billions and trillions in high-end equipment, biomedicine, and new materials have accelerated their rise. Cutting-edge scientific and technological enterprises such as the "Hangzhou Six Little Dragons" and "New Eight Horsemen" have thrived and become one of the most active areas for venture capital in the country.
Looking from the window of the Digital Trade Fair, Zhejiang is forming a new synergy: driven by real scenarios such as ports, manufacturing, and the digital economy, supported by patient capital such as state-owned funds and financial institutions, and pioneered by hard technology and digital innovation enterprises, it will promote the deep integration of the innovation chain, industrial chain, capital chain, and talent chain. As the long-term mechanism of the Digital Trade Fair platform continues to release its effects, more financial capital and scientific and technological innovation projects are expected to meet, get to know each other, and accompany each other in Zhejiang, and jointly outline a new picture of high-quality development of digital trade.

Massa, CEO of Roundhill Investments, pointed out that the AI craze has boosted the demand for memory chips. Samsung, SK Hynix and Micron have formed an unshakable oligopoly pattern with decades of technology accumulation. Chinese companies are limited by process technology and export controls, making it difficult to catch up in the short term.

During the 2026 Mid-Autumn Festival holiday, the cultural tourism market in Guangdong Province grew significantly. The province received 24.817 million tourists and realized tourism spending of 12.55 billion yuan. Rural tourism, nighttime cultural tourism and health and leisure tourism have become hot spots. Various regions have effectively boosted holiday cultural tourism consumption by issuing consumption subsidies and holding special cultural activities.

Financial experts remind that the amount of savings is not the only indicator of retirement. If you have not tried to live on a retirement budget, lack a long-term care plan, have no consensus with your partner, or simply want to retire due to work burnout, it may be a financial risk. Experts recommend a comprehensive assessment of longevity risks and taxes.
According to Dataforce data, Chinese car brands’ share of the European new car market reached a new high of 11.7% in August. Its market share in Germany also reached 6.4%. Relying on the advantages of electrification technology, cost performance and industrial chain, Chinese car companies have rapidly emerged in the European electric vehicle transformation wave, despite facing the challenge of trade restrictions.

Data from the Beijing Municipal Bureau of Commerce shows that during this year’s Mid-Autumn Festival (September 25-27), the 127 companies under key monitoring achieved sales of 4.04 billion yuan, a year-on-year increase of 20%. The passenger flow in Beijing's 70 key business districts reached 27.088 million, an increase of 14.7%, and consumption in catering, culture, entertainment and tourism all showed a growth trend.

GlobalFoundries reports strong demand for optical networking modules in China, driven by a surge in data centre construction. The firm is expanding its local presence to support domestic clients.