VENTURE CAPITAL STARING AT BEIJING

AsiaInfo Services, November, 2006

AsiaInfo Services 11-22-2006 Venture Capital Staring at Beijing BEIJING, Nov 22, 2006 (SinoCast via COMTEX) -- Venture capital is prospering in Beijing and most of it was put into start-up enterprises. 13 provinces in China attracted venture capital in the first half of 2006. Beijing has been a place gathering large amounts of venture capital and this year is no exception.

49 cases of venture capital investment were reached in the first half-year, followed by 35 cases in Shanghai, 12 cases in Shenzhen and 6 in Guangzhou. The total venture capital in Beijing valued USD 392 million, far more than the value in Shanghai. Part from IT industry, venture capital also focuses on traditional industry. For instance, Actis Capital LLP China branch and Baring Private...