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Venture Capital Booming in China

Posted on July 15, 2008

Tech Start Ups carried a blog post a couple of days ago on the VC industry in China. I think the story originated with Xinhua. This year's Q2 numbers for venture capital in China are up 70% over last years numbers.There were 159 venture capital projects funded in Q2, according to the report. About $1.2 billion was invested in these projects. About half those projects were in the middle of their funding cycles, still expanding. A quarter of them were matured enterprises. The Internet technology sector alone accounted for 42% of the project that got VC funding in Q2. lumaxartSee full article....

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beijing , china , vc , xinhua