China to have reached KRW 130 trillion in venture investment… US to have been passed with KRW 91 trillion
Park Joung-jin | truth@ | 2018-02-07 11:16:49
The number of start-up investments in venture companies in China reached KRW 129 trillion last year.
According to the Chinese market researcher on February 5, entrepreneurial company, venture investment in China last year reached CNY 241.1 billion in the first quarter, CNY 202.7 billion in the second quarter, CNY 146.6 billion in the third quarter, and CNY 148.8 billion in the fourth quarter. The won is KRW 128.57 trillion.
Investments were centered on 10 industries such as e-commerce, games, medical health, finance, education and transportation. In 2016, 3116 investments were made mainly in these industries, but last year, this number dropped to 1385. Investments increased KRW 21 trillion compared to 2016, but the number of investment projects declined, suggesting that investment climate in China is changing from `machine gun strategy` to `sniper strategy` based on growth potential. By city, Beijing, Shanghai and Shenzhen were invested heavily.
Shin Dong-won, CEO of Neo-Fly China, said, "China is also becoming a conservative investment industry, with a tendency to place importance on performance as well as potential." With IT companies such as Tencent and Alibaba leading the venture ecosystem, API (application program interface), etc., and it is necessary to make efforts to create synergy with individual start-up. "
Meanwhile, China`s venture capital investment last year was well ahead of US investment. According to the US Venture Capital Association and Pitchbook, a research firm, venture investment in the United States last year amounted to USD 84.2 billion for 8035 companies and KRW 91.88 billion and China has surpassed it.
China`s investment is more than 50 times the domestic venture capital investment. According to the Ministry of Small Business and Venture Business, the size of domestic venture capital investment reached a record high of KRW 2.38 trillion last year. Although it increased by more than 10% over the previous year, there is a big gap compared with other establishment indicators between China and Korea.
According to the Korea International Trade Association, the number of newly-emerging enterprises in China in 2016 was 552,800 up 24.5% from the previous year. Among the 615,000 university graduates in China, the ratio of founders reached 8%. In contrast, the number of new companies in Korea increased by only 2.5 % to 96,155 (as of 2016), while the number of college graduates was only 4626 (as of 2015), which is 0.8 percent of the total. It means that start-up business in China is not so much compared with domestic business, and that start-ups in China start with a much stronger initial investment than domestic ones and start with growth base.
However, in China, there is a difference in the results of the investment scale survey by research institutions. Venture investment amounted to KRW 173 trillion in last year, and `Jing Data` in China, which was surveyed by Chinese investor, was KRW 84 trillion.
According to a mid-term official, "Investments in China and the United States are a survey of how much investment companies invested in venture companies." The recently announced mid-term data showed that investment in startups The total amount invested by the Venture Investment Association under the Special Law on Venture Investment, and the total investment notified by the law. "
Shenzhen (China)= By Park Joung-jin truth@
[ copyright ⓒ The Digitaltimes ]
According to the Chinese market researcher on February 5, entrepreneurial company, venture investment in China last year reached CNY 241.1 billion in the first quarter, CNY 202.7 billion in the second quarter, CNY 146.6 billion in the third quarter, and CNY 148.8 billion in the fourth quarter. The won is KRW 128.57 trillion.
Investments were centered on 10 industries such as e-commerce, games, medical health, finance, education and transportation. In 2016, 3116 investments were made mainly in these industries, but last year, this number dropped to 1385. Investments increased KRW 21 trillion compared to 2016, but the number of investment projects declined, suggesting that investment climate in China is changing from `machine gun strategy` to `sniper strategy` based on growth potential. By city, Beijing, Shanghai and Shenzhen were invested heavily.
Shin Dong-won, CEO of Neo-Fly China, said, "China is also becoming a conservative investment industry, with a tendency to place importance on performance as well as potential." With IT companies such as Tencent and Alibaba leading the venture ecosystem, API (application program interface), etc., and it is necessary to make efforts to create synergy with individual start-up. "
Meanwhile, China`s venture capital investment last year was well ahead of US investment. According to the US Venture Capital Association and Pitchbook, a research firm, venture investment in the United States last year amounted to USD 84.2 billion for 8035 companies and KRW 91.88 billion and China has surpassed it.
China`s investment is more than 50 times the domestic venture capital investment. According to the Ministry of Small Business and Venture Business, the size of domestic venture capital investment reached a record high of KRW 2.38 trillion last year. Although it increased by more than 10% over the previous year, there is a big gap compared with other establishment indicators between China and Korea.
According to the Korea International Trade Association, the number of newly-emerging enterprises in China in 2016 was 552,800 up 24.5% from the previous year. Among the 615,000 university graduates in China, the ratio of founders reached 8%. In contrast, the number of new companies in Korea increased by only 2.5 % to 96,155 (as of 2016), while the number of college graduates was only 4626 (as of 2015), which is 0.8 percent of the total. It means that start-up business in China is not so much compared with domestic business, and that start-ups in China start with a much stronger initial investment than domestic ones and start with growth base.
However, in China, there is a difference in the results of the investment scale survey by research institutions. Venture investment amounted to KRW 173 trillion in last year, and `Jing Data` in China, which was surveyed by Chinese investor, was KRW 84 trillion.
According to a mid-term official, "Investments in China and the United States are a survey of how much investment companies invested in venture companies." The recently announced mid-term data showed that investment in startups The total amount invested by the Venture Investment Association under the Special Law on Venture Investment, and the total investment notified by the law. "
Shenzhen (China)= By Park Joung-jin truth@