On June 10, the Cross-Strait Industrial Integration Development Fund, jointly initiated by ICBC Financial Asset Investment, BOC Financial Asset Investment, Fujian Provincial Financial Investment Co., Ltd., Fujian Investment & Development Group Co., Ltd., Fuzhou Jinrong Holding Group Co., Ltd., and Zhangzhou State-Owned Capital Operation Group Co., Ltd., was signed in Fuzhou. The fund is expected to have a scale of 10 billion yuan and will closely follow the main line of “integration,” be based in Fujian, radiate across the Strait, and serve the whole country. Adhering to the principles of market-orientation, rule of law, and professionalism, it will guide the aggregation of high-quality elements, focus on industries where the two sides have complementary strengths, actively deploy technology innovation and strategic emerging industries, deepen cross-strait technology R&D cooperation and technology transfer, build a new platform for cross-strait cooperation and exchange, and promote cross-strait integrated development to a new level.