How will a new high-tech fund help China’s emerging industries grow?

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  we will take a look at how China's newly announced high tech fund is going to grow AI

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  and other emerging industries in Syria.

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  by searching World Today China will establish a national venture capital guidance fund to strengthen innovation.

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  The head of China's National Development

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  and Reform Commission announced this particular move at the two sessions.

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  Zheng Shanjie said they aim to attract a trillion yuan in capital with the fund

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  or some US$138 billion over 20 years from local governments and private industry.

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  The fund will focus on cutting edge areas including artificial intelligence,

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