Numbers on Aug.10-16
$1.17 billion
In the second quarter of this year, the amount of venture capital invested in China totaled $1.169 billion, soaring 64.6 percent compared with the first quarter, according to the venture capital research institution SeekFortune. Over 52 percent of the venture capital went to the TMT industry (technology, media and telecommunications).
5 billions
A new coalfield, capable of producing 5 billion tons of coal, was discovered in Inner Mongolia Autonomous Region. Because of the discovery, Inner Mongolia has supplanted Shanxi Province as the largest coal resource base in China. |