China’s social security fund NSSF sets up $709m megafund to invest in Greater Bay Area

China’s social security fund NSSF sets up $709m megafund to invest in Greater Bay Area

Photo by Harli Marten on Unsplash

China’s government-controlled National Social Security Fund (NSSF) has launched its third region-specific megafund in Shenzhen at a size of 5.1 billion yuan ($708.5 million) to primarily invest in technological innovations in the country’s southern Greater Bay Area (GBA).

Edited by: Pramod Mathew

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