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Venture Capital Firms Inject Over USD 1bn into China in 2004.
(From SinoCast China Business Daily News)
BEIJING, December 20, SinoCast -- Venture capital (VC) firms have injected USD 1.269 billion into the 253 Chinese mainland businesses and their affiliates by far in 2004, a new record in the history.
Gavin Ni, chairman and CEO of Zero2IPO Ltd., the most influential VC research and consulting institution in China, announced that venture capital businesses at home and abroad were more active in China this year, keeping the rebounding trend from 2003.
In particular, the VC investment volume increased 43% year on year while …
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