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.