China’s policymakers appear more determined than ever to rewrite the global technology playbook, and their new national fund signals a decisive step in that direction. Rather than pinning hopes on incremental improvements or tinkering with existing structures, the central government is ready to plunge deeper into uncharted territory. We’re witnessing a deliberate shift in investment philosophy: from backing a single industry to cultivating the next generation of breakthroughs that could redefine the nation’s competitive edge.