
China Life insurers commit $600M to Shanghai’s three key industries
China Life has increasingly used both S transactions and fund investments to gain exposure to technology assets.

China Life has increasingly used both S transactions and fund investments to gain exposure to technology assets.

By emphasizing long-term, “patient” investments, the initiative aims to support high-tech startups through every stage of their development — from initial research to full-scale industrialization.

Hangzhou’s Runmiao Fund, with an initial size of 2 billion yuan ($290 million) and a 20-year lifespan, focuses on providing first-round financing for early-stage technology firms.