
Zhejiang Innovation Investment Group promotes artificial intelligence technology from laboratory to industrial application through capital ties
AI-generated summary
The 5th Global Digital Trade Expo was held in Hangzhou from September 23 to 27. Zhejiang Province, through provincial government investment funds, focuses on supporting basic, technical and application-level projects in the field of artificial intelligence.
China News Service, Hangzhou, September 24 (Guo Qiyu) A humanoid robot blinks and raises its hand, and can make more than 30 natural micro-expressions at a time; an intelligent foreign trade platform generates multi-lingual product introductions with one click, serving overseas merchants 24 hours a day; brain-computer interface equipment helps paralyzed patients control robotic arms with their thoughts... At the Fifth Global Digital Trade Expo, vivid pictures of artificial intelligence integrating into reality can be seen everywhere.
From September 23 to 27, the 5th Global Digital Trade Fair was held in Hangzhou, Zhejiang, with artificial intelligence exhibitors accounting for more than one-third. When artificial intelligence accelerates from technical concepts to real scenarios, who will support those "incomprehensible" cutting-edge technologies?
Walking into the Zhejiang Provincial Innovation Investment Group's booth, a circular tour line connected 19 hard technology companies, belonging to the four themes of future intelligent manufacturing, future information, future space, and future energy.
"These 19 companies are all companies we have invested in and are currently cooperating with. We hope that through the Digital Trade Fair, we can help companies better connect to the world and go global." In front of the booth, a staff member of the Zhejiang Innovation Investment Group introduced that among them are Qiannao Technology, one of the "Hangzhou Six Little Dragons", Sunrise, the first domestic company to achieve large-scale mass production and delivery of inference GPUs, and Xinuo Future and Weti Robots, which realize the domestic replacement of dexterous hand and visual tactile sensors.
From computing power chips, quantum computing, AI data services, to biological manufacturing, commercial aerospace, and embodied intelligence, the key links of Zhejiang's artificial intelligence industry chain are also being rolled out one after another.
As a provincial-level investment platform in Zhejiang, the total scale of the Zhejiang Provincial Innovation Investment Group's managed fund group has exceeded 300 billion yuan. Through cyclical investment and leveraging amplification, it has driven more than 500 billion yuan of social capital to invest in Zhejiang.
On one side of the booth, the model of the Jingjie energy-gathering "Starlink Magnetic Mirror" nuclear fusion device stood quietly. This is Zhejiang's forward-looking contribution to the differentiated fusion track. Jingjie Energy is the first nuclear fusion machine company in Zhejiang incubated by the Fusion Theory and Simulation Center of Zhejiang University. It is also a rare representative company on the domestic differentiated fusion track.
"After so many years of scientific research experience, although sometimes it has not been smooth, my confidence in fusion energy has never wavered." Fu Guoyong, founder of Jingjie Energy, professor and doctoral supervisor at the School of Physics of Zhejiang University, said that the company's original 'star-linked magnetic mirror' fusion configuration combines the dual advantages of magnetic mirrors and stellarators, striving to achieve low-cost, long-stable and controllable nuclear fusion.
The return of patient capital is not only the appreciation of investment, but also the ability of each company to turn "stuck" technology into "localization".
At the digital trade fair, Eagle Semiconductor exhibited a VCSEL chip for AI optical interconnection, becoming the second company in the world to independently design and mass-produce 100G high-speed VCSEL chips, breaking the long-term foreign monopoly; the integrated brake-by-wire and intelligent suspension exhibited by BOBST The air supply system realizes the domestic replacement of core components of automobile intelligent chassis and enters the supply chain of international mainstream automobile manufacturers; the visual and tactile sensor of the Wetai robot has a tactile resolution of 10,000 points per square centimeter, a minimum recognition force of 0.01 N, and can stably grasp micron-level chip pins.
Behind these hard technology companies, Zhejiang Patient Capital has provided early support and support.
The artificial intelligence industry chain is long, with close upstream and downstream cooperation, from hardware carriers such as AI computing chips and memory chips, to upstream material and equipment manufacturing, to downstream models and applications.
Zhejiang Patient Capital is deeply involved in this industrial chain, using capital as a link to promote the artificial intelligence industry ecology from "single point breakthrough" to "full chain collaboration."
For example, focusing on technological breakthroughs and scenario implementation, Zhejiang Industrial Fund has invested in nearly a hundred projects in the "AI+" application field through the dual-wheel drive of "sub-fund + direct investment", covering the entire chain of "basic layer - technology layer - application layer", promoting artificial intelligence technology from laboratories to thousands of industries.
A set of data outlines Zhejiang Patient Capital’s in-depth development in the field of artificial intelligence: As of the end of July this year, the Zhejiang Provincial Government Investment Fund has established a total of 49 funds related to the field of artificial intelligence, with a total scale of 34.9 billion yuan, and has invested in a total of 352 artificial intelligence projects in the province.
Fund after fund and project after project, the investment is not only capital, but also Zhejiang’s strategic patience and confidence in the artificial intelligence industry that has been honed for ten years, allowing more “incomprehensible” cutting-edge technologies to grow into a visible industrial future.

Germany's five major economic research institutions released their autumn reports on September 24, raising their GDP growth forecasts to 1.3% in 2026 and to 1.1% in 2027. Experts point out that despite a recovery driven by exports and artificial intelligence boom, Germany is still plagued by challenges such as high energy prices, an aging population and structural policy uncertainty.

On September 24, the pure car and truck carrier "Grand Egypt" was delivered and set sail in Nantong, Jiangsu under the escort of Nantong Maritime Safety Administration. The ship has a total length of 220 meters, can carry 9,800 vehicles, is equipped with ammonia fuel power upgrade conditions, and represents the high-end ship level of China's green and intelligent manufacturing.

In response to the increase in the minimum wage, Pan Junrong, chairman of the Federation of Trade Unions, expressed his affirmation and believed that corporate profits should be returned to employees. However, he emphasized that improving people's happiness in life should not be solely the responsibility of enterprises, and called on the government to use the tax revenue generated by AI dividends to support the development of traditional industries and small and medium-sized enterprises.

China News Service reporters visited the pineapple and custard apple producing area in Taitung, Taiwan, and recorded the pollination and planting techniques of fruit farmers. Farmers and experts interviewed said that the mainland market is crucial to Taitung pineapple custard apples. Through differentiated quality routes and cold chain logistics optimization, the two sides have complementary potential in the field of agricultural product trade.

The Monetary Policy Committee of the People's Bank of China held a regular meeting in the third quarter of 2026, emphasizing that it will continue to implement moderately loose monetary policies, increase countercyclical adjustments, and strengthen coordination of monetary and fiscal policies to promote stable economic growth and price recovery, and focus on supporting areas such as technological innovation and the construction of "Six Networks."
On September 23, the "China's Guangcai Cause Xinjiang Tour" event was held in Urumqi. The event attracted more than 300 private entrepreneurs to participate, promoted 144 industrial investment projects with an intended amount of 45.1 billion yuan, and donated 135 million yuan in public welfare funds and materials, aiming to help Xinjiang's economic development through industrial layout, technological empowerment and employment support.