China Investment Corporation, Social Security Fund Council, among others, have established a new venture capital fund in Shanghai.

According to the business investigation app Qi Cha Cha, recently, the establishment of Guochuang Qi Cheng Entrepreneurship Investment Fund Limited Partnership was announced with a total investment of 10 billion yuan. Its business scope includes entrepreneurship investment. The equity penetration information from Qi Cha Cha shows that the enterprise is jointly funded by the National Social Security Fund Council and China Development Investment Corporation Limited.