China PE investment surges in April

Updated 2017-05-08 15:01:20 Xinhua

China witnessed a sharp increase of private equity (PE) investment in April, boosted by big deals in the medical and IT sectors, said a latest industry report.

The combined investment in 42 PE deals made public was .4 billion in April, much higher than the 466 million dollars registered in April last year, according to the report by China Venture, an industry information provider.

In comparison, the combined investment volume in 160 venture capital (VC) deals stood at around billion last month, less than the .6 billion in April last year.

Against the backdrop of mass innovation and entrepreneurship, China has embraced PE and VC investment, especially in emerging industries.

China saw a 49-percent growth in PE and VC investment last year, though global fundraising and investment as a whole fell, according to a recent PwC report.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58July 19 2018 18:03:37

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16July 19 2018 18:03:37

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18July 19 2018 18:03:37

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords