IntroductionChina is preparing to establish a massive 1 trillion yuan venture capital guidance fund to support innovation and high technology industries. The initiative represents one of the largest state-backed financial commitments in China’s history and underscores Beijing’s determination to accelerate breakthroughs in strategic
Investment trends in AI, clean tech, and biotech despite global headwinds. China’s venture capital (VC) landscape has undergone dramatic shifts in recent years. Once dominated by consumer internet investments, the focus in 2025 has turned toward sectors aligned with state priorities artificial intelligence,
How Hillhouse Capital reshaped China’s startup ecosystem and global investment flows. The Architect of Capital When it comes to China’s tech boom, entrepreneurs often take the spotlight Jack Ma, Pony Ma, Zhang Yiming. But behind many of these stories stands Zhang Lei, founder
