China's Venture Capital Market in 'The Handbook on China's Financial System'

Abstract

The current expansion of China's venture capital (VC) market has chugged into its 10th year in 2019. The mystery of developing from nothing to the second largest market in the world yet fails to make China's VC market more attractive to researchers in this field. Our chapter is attempting to trigger more related research in the near future by first taking a snapshot of such a titan and distilling the central message of what the data have to say about the unique aspects of Chinese venture capitalists raising capital, making deals, and finding exits. We also provide an introduction to alternative forms to traditional VC investments in China and put an end to the chapter with a brief overview of the regulatory environment change for the industry.

Keywords: Venture Capital, China