App

China remains favored investment destination: WSJ
Updated: January 17, 2022 09:57 Xinhua

NEW YORK — China remains an investment destination as its technology startups attracted a record amount of venture funding last year, The Wall Street Journal reported on Jan 13.

In the year of 2021, venture-capital investors put $129 billion into more than 5,300 startups in China, higher than the market's last record of around $115 billion for 2018, the report quoted data of Preqin investment database as saying.

Unlike in previous years, when most Chinese tech funding went to internet startups in e-commerce, it said, the bulk of the money in the past year headed into areas such as semiconductors, biotechnology and information technology.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218