The value-added service should be the core of venture capital (VC) investment, said Wang Qiwen, a partner of Shenzhen Stone Venture Capital Investment Management Co, at Friday's forum on the development of China's venture capital investment for start-ups.
There was more active trading than last year at the 13th China Hi-Tech Fair (CHTF), Gao Guohui, secretary general of the organizing committee, told a news conference yesterday.
The 13th China Hi-tech Fair is unveiled in Shenzhen on Nov 16, 2011.
A venture capital/private equity (VC/PE) center will be established at the Shenzhen Hi-Tech Industrial Park to help high-tech companies obtain finance, a senior government official said Thursday.
The Chinese government should cut tax and loosen regulation of its financial system to solve problems that small- and medium-sized enterprises (SMEs) are currently facing, according to attendants at the China Hi-tech Forum in Shenzhen on Nov 17.
Jim Rogers, co-founder of the Quantum Fund, said Thursday at the China Hi-tech Forum 2011 that he is still confident that China is where the money is.
A senior Chinese commerce official said on Wednesday that the country will work to optimize the import mix of mechanical and electronic products so they can play a bigger role in China's restructuring efforts.
When visitors to the China Hi-Tech Fair point a terminal and a red fish in a fishbowl, a nearby screen displays detailed information of the fish, including the species, spawning place, weight, features and breeding record.
While the world is still worried about how China can restructure its economy, the 13th China Hi-tech Fair indicates that Chinese companies are on the right track with their focus on high technologies.
AT this year's China Hi-Tech Fair, the exhibition area of ComNet sponsored by International Data Group (IDG) was increased to 30,000 square meters and the number of exhibitors also increased to 90, an increase of 30 percent compared with last year.
With the expanding influence of CHTF at abroad, it attracts much attention and active involvement from more and more countries' governments.
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