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.


© lumaxart