Full Coverages>Business>China Venture Capital Forum 2004
   
 

China seen as perfect market for VC
(Shenzhen Daily)
Updated: 2004-04-05 09:36

China was expected to become a perfect market for venture capital, said foreign speakers who addressed the 2004 China Venture Investment Seminar.

Todd Brooks, investment chief of US venture capital firm Mayfield, said China was spearheading world economic development with the fastest growth rate in gross domestic product. With a middle class taking shape, China had an indisputably unique status in the world economy, he said.

Encouraging China to set up a second board, he cited Silicon Valley and said there should be more tolerance in Asian cultures toward failure. He said that a great cultural difference between the West and the East was that the West was more tolerant. The essence of Silicon Valley culture was open-mindedness toward failure, he said.

While admitting great opportunities existed in China's venture capital market, some American capitalists also had worries. Brooks said Americans were fearful of Chinese Government interference. That was why many backed off at the last minute before getting into the Chinese market, he said.

Brooks also pointed to China's inadequacy in protecting intellectual property as another concern of American business. But he showed some confidence by saying it would take some time to set up a mechanism to protect intellectual property.

Other speakers said China's venture capital market was "mysterious" as many foreign businessmen knew little about it. That partly explained their hesitation in investing in China, they said.

But some foreign businesses have already entered China. One is Doll Capital Management of the United States. Its managing director Dixon Doll said his company had entered into partnership with Chinese companies such as Legend, 51job, UP Technologies (China) Ltd. and SMIC, a Shanghai-based chip firm.

Some speakers from Silicon Valley said the European market with its slow growth had high risks for American venture capital, while Israel, despite boasting many success stories, harbored hidden jeopardy because of its unstable political situation.

A question they then posed was: Can China be a perfect investment region for American venture capital? Their conclusion was that the middle class population in China would increase to about 100 million within one year, and with 700 million Chinese people wanting to improve their life, the country had great potential to upgrade its technologies and for venture capital investment.

Doll said no company could afford to neglect the Pacific economic rim, where investment cost was low while return was high. He referred to China as one of the best destinations, saying he had the least worry about making money in China.

Mayfield's Brooks said he had seen tremendous changes in Shenzhen since his last visit to the city five years ago. He said compared with the United States, China had huge opportunities.

 
  Story Tools  
   
 
     
主站蜘蛛池模板: 777xxxxx欧美| 人妻少妇精品视频一区二区三区| 手机看片国产福利| 天天爱天天做天天爽| 久久一区不卡中文字幕| 最漂亮夫上司犯连七天| 亚洲欧美久久精品一区| 真实国产乱子伦对白视频| 国产gaysexchina男同menxnxx| 91网站免费观看| 国产精品宅男在线观看| 99久久国产综合精品麻豆| 好男人在线神马影视在线观看www 好男人在线观看高清视频www | 国产精品无码无在线观看| chinese乱子伦xxxx国语对白| 性欧美18~19sex高清播放| 久久99国产精品久久99果冻传媒| 日韩在线视频精品| 亚洲AV无码成人专区| 欧美又黄又嫩大片a级| 亚洲欧美在线观看| 波多野结衣免费观看视频| 免费看又爽又黄禁片视频1000 | 天堂草原电视剧在线观看免费| 一级毛片60分钟在线播放久草高清在线 | 国产成人免费在线观看| 手机在线视频你懂的| 国产精品视_精品国产免费| 97久久精品亚洲中文字幕无码| 大胸美女放网站| jlzzjlzz亚洲乱熟在线播放| 婷婷影院在线观看| 一本大道高清香蕉中文大在线| 成人人免费夜夜视频观看| 中文字幕乱人伦视频在线| 抱着cao才爽| 中文字幕日韩人妻不卡一区| 教官你的太大了芊芊h| 中文字幕视频网| 成全动漫视频在线观看免费播放| 中文字幕日本最新乱码视频 |