久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Economy

China's startups boom as money pours in

(Xinhua) Updated: 2015-06-18 14:00

TIANJIN -- Young entrepreneurs are rushing to launch their dream business as investors and policy makers enthusiastically encourage a new startup trend, opening doors for people to strike gold and reverse the economic slowdown.

In the first quarter of 2015, Chinese investors staked about $260 million in angel capital, tripling the amount registered in the same period a year earlier, venture capital and private equity research firm Zero2IPO Group said on Wednesday.

The money went to finance 349 business ventures, doubling the number of projects launched in the first quarter last year, the research firm said.

Of the money invested, 43 percent was put into companies related to telecommunications and 37 percent in Internet.

Some analysts said the investment was over-concentrated in those sectors.

The Chinese government has been propping up a mass entrepreneurship scheme, vowing to unleash the full potential of innovation by cutting off policy hurdles and rolling out financial support.

It comes as the central government launches broader efforts to reduce administrative interference, bolster the private sector and reform state-owned enterprises as Chinese economy slowed to a six-year-low of 7 percent in the first quarter.

Policy makers believe more innovation and high-tech industries can help renew the made-in-China image and help support the world's second largest economy.

New efforts have caught the eye of both rich company owners and professionals as tales of fortune and declining corporate profits prompted many of their peers to leave their jobs to ride the startup wave.

The wave has seen hundreds of new mobile applications taking new approaches to taxi-hailing, healthcare and finance in the hope of catching the eye of venture capitals.

New technologies like "big data" or "cloud computing" provide a lot of new business opportunities as they offer easier access for young entrepreneurs.

"It is a golden era for both entrepreneurs and angel investors, " said Chen Bin, executive vice president of AngelCrunch, a startup brokerage firm.

According to government data, nearly 3.7 million new companies were registered in 2014, up 46 percent than a year earlier.

Statistics from the Ministry of Human Resources and Social Security showed Internet-related industry greatly contributed to the 13.2 million new jobs last year.

To garner more money in the investment pool, the central government has decided to set up a state venture capital fund.

Local governments are also moving to launch venture funds. In dozens of cities like Beijing and Shanghai, university graduates and professionals alike can be rewarded free rent or tax cuts in their startups endeavor.

State-owned enterprises are encouraged to either take part in or establish venture investment funds.

"Government-led reforms and growing enthusiasm in entrepreneurship will make China a leader in high-tech industries, " said Dai Jinping, director of Nankai Institute of International Economics.

China's startup investment, however, is still in a fledgling state compared with that in the United States. About $28.8 billion was spent as angel capital in the United States last year, which financed 75,000 projects.

Guidelines issued by the Chinese government on Tuesday may give investors more incentive to finance startups. The government plans to make new rules for startups relating to IPOs and bonds.

To file for an IPO, businesses must have turned a profit for the most recent two years and have posted accumulated profits of no less than 10 million yuan ($1.6 million). For startups, this means filing for an IPO is out of their reach.

As such, plans for a new strategic emerging industries board at the Shanghai Stock Exchange is being considered.

The Shanghai bourse is mulling relaxed criteria for listings on the new board, and the government will look into ways to allow the listing of Internet and high-tech companies that are still unprofitable on the ChiNext, the NASDAQ-style board.

Yinghe law firm co-founder Shen Wei said many other obstacles should also be removed for startup investment, suggesting more detailed policies are needed to protect the interests of investors and startup founders.

"The lack of standard company management can also be a risk," he said.

The government can encourage more money to pour in venture investment if tax breaks are offered to offset losses, Chen said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 美国一级片在线观看 | 国产免费一级精品视频 | 国产成人综合高清在线观看 | 免费成年网 | 亚洲欧美日韩国产精品一区 | 亚洲国产精品免费 | 欧美韩国xxx | 99国产福利视频区 | 国产乱子视频 | 成人一级视频 | 免费在线亚洲 | 亚洲精品久久一区二区无卡 | 欧美日本一区二区 | 欧美日本韩国一区二区 | 国产欧美日韩亚洲 | 欧美亚洲国产成人综合在线 | 最新国产精品亚洲 | 免看一级一片一在线看 | 偷偷操不一样的久久 | 亚洲欧美一级久久精品 | 在线观看 a国v | 久在线观看视频 | 久久久久日韩精品无 | 国产香蕉国产精品偷在线观看 | 免费一级欧美片在线观免看 | 亚洲精彩 | 大臿蕉香蕉大视频成人 | 色综合日韩 | 国产在线一区二区三区四区 | 色婷婷91 | 欧美熟videos肥婆 | 中文字幕乱码中文乱码51精品 | 毛片视频免费观看 | 亚洲欧洲视频在线 | 337p粉嫩大胆噜噜噜鲁 | 亚洲成人免费在线观看 | 91精品人成在线观看 | 一级免费| 欧美日韩精品一区二区三区视频 | 高清欧美性xxxx成熟 | 中文三级视频 |