China’s venture capital sector shows recovery, says minister

China’s venture capital industry is recovering as investment shifts toward early-stage startups and hard-tech sectors, Vice Science and Technology Minister Qiu Yong said Tuesday, according to state media CCTV. Fundraising in China’s equity investment market surpassed 1 trillion yuan ($149.17 billion) in the first half of 2026, up 49% from the same period a year ...

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