China Expects $2.5 Billion in VC This Year – Return Rate of 30%
Submitted by Bill Belew on Sunday, 18 March 2007No Comment
According to the Zero2ipo Group, a leading VC service provider, venture capital investment will amount to 2.5 billion U.S. dollars this year.
The main areas of investment will be:
1. Information technology
2. new media
3. telecommunicationa
4. semiconductor
The average return rate was more than 30% with foreign firms gaining twice as much as domestic firms.
China has issued a new tax policy that writes off the tax equivalent of 70% of the investment.
VC investment was up 51.5% last year to $1.78 billion, almost three-quarters from foreign investors.
Do you need a reason to invest in China? 30% return rate sounds pretty good.
However, be sure to do your homework first.
What do you think about investing in China?
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