At the recently held China Wealth Management 50 Forum 2025 Annual Meeting in Beijing, themed "Stepping into the '16th Five-Year Plan' Period to Build a Financial Powerhouse," Wu Hai, Chairman of China Internet Investment Fund, shared his insights.
Speaking at the "Finance Empowering Technological Innovation" roundtable forum, Wu Hai stated that the current new round of technological revolution and industrial transformation, characterized primarily by digitalization and intelligentization, is accelerating breakthroughs. He noted that technological evolution exhibits characteristics of long cycles, nonlinearity, and high uncertainty.
Regarding financial support for technological innovation, Wu Hai emphasized the need to persistently adhere to four directions: "reinforcing weaknesses, strengthening advantages, deploying in frontier areas, and optimizing the ecosystem." Specifically, "reinforcing weaknesses" mainly involves increasing investment in foundational software and hardware at risk of supply chain disruption.
"Strengthening advantages" focuses on using investment to help digital technologies further unleash their enabling and efficiency-boosting effects. "Deploying in frontier areas" primarily entails making sustained investments in cutting-edge, disruptive technologies aligned with national strategic needs.
The key to "optimizing the ecosystem" lies in building an industrial ecosystem and exploring a new empowerment model of "policy guidance + resource connection + ecosystem co-creation," aiming to channel more and better innovative resources into the invested companies.
