The current position: Home page > News Center
The 2nd Jiangsu Venture Capital Summit convened
updated on:2020-11-22 09:10

On November 12, the 2nd Jiangsu Venture Capital Summit was hosted in Jiangbei New Area with the theme promoting industrial chain modernization through craftsmanship. Experts and scholars in the area of investment and industry were invited for a discussion on new opportunities for industrial chain modernization.

At the summit, Jiangsu Development and Reform Commission conferred plaques to six Jiangsu venture capital brand leading enterprises, nine demonstration enterprises, 18 outstanding teams, four Jiangsu venture capital cluster development demonstration zones, and three comprehensive service bases.

According to Li Kanzhen, Secretary and Director-General of the Provincial Development and Reform Commission, the first group of provincial-level venture capital leading and demonstration enterprises identified last year achieved a growth in fund-raising by RMB 60.8 billion, investment by RMB 23 billion, and the number of invested projects by 682 the same year, bringing the accumulative amount of fund-raising to RMB 403.8 billion, investment to RMB 171.3 billion, and the number of projects to 4,632, contributing greatly to innovation-driven development of Jiangsu with strong capital support.

Jiangsu indeed has become a desirable choice for investment. Statistics showed that as of the end of October 2020, the number of registered venture capital companies in development in Jiangsu reached 349, the largest in China, with RMB 57.529 billion of funds raised. In 2019, the number of private equity and venture capital investment in Jiangsu was 1,792, 10.63% of the national total and ranking fourth nationwide. 

Produced By 大汉网络 大汉版通发布系统