Foreign Media: China Life has recently established a semiconductor industry fund, responding to Beijing's call for "patient capital" (patient capital).
Due to the characteristics of the semiconductor industry—long R&D cycles, massive investment, and slow returns—it requires long-term financial support rather than short-term gains.
In recent years, Chinese central and local state-owned enterprises have been setting up related funds to increase investment in the chip supply chain, helping enhance indigenous innovation capabilities and reduce reliance on external technologies. This move reflects China’s strategy of deploying long-term capital in the semiconductor sector to support industrial upgrading and technological competition.
Original article: toutiao.com/article/1870519143438348/
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