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UPDATED: December 14, 2007 NO.51 DEC.20, 2007
China Attracts $3.18 Billion in Venture Capital
 
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Numbers of the Week

$3.18 billion

China had attracted $3.18 billion in venture capital by the end of November this year. The figure is 78.9 percent higher than the entire year of 2006, according to research institution Zero2IPO. Foreign-funded companies held the dominant proportion with 79.5 percent of the total venture capital.

10 %

Central SOEs (state-owned enterprises directly affiliated with the Central Government) in the fields of tobacco, petroleum and power, will have to pay a maximum of 10 percent of their gross profits back to the government.

 



 
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