Venture Capital and the Law in China
Hong Kong Law Journal, Vol. 37, p. 229, 2007
Posted: 11 Jul 2009
Date Written: 2007
Entering into the 'Eleventh Five-Year' period, China is dedicated to transforming its former extensive economic mode into an intensive one. The transformation highlights China's latest national development strategy of 'independent innovation' of which the institution of venture capital plays a crucial catalyst role. This article gives a comprehensive examination on the Chinese regulatory framework of venture capital activities. It intensively studies the phenomenon of the polarised performance between foreign and domestic players in China's venture capital market. This article finds that the legal institutions under which they operate contribute significantly to their performance. Based on the identified institutional gaps, suggestions are provided for the continuous legal reform in this area.
Suggested Citation: Suggested Citation