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China

In: Angels without Borders Trends and Policies Shaping Angel Investment Worldwide

Author

Listed:
  • Wang Jiani
  • Chen Su

Abstract

Informal angel investors who are neither family nor friends of an entrepreneur, can be an excellent financing channel for start-ups. Over the past 20 years angel investment has been developing in tandem with the exponential growth of science and technology start-ups in the US and Europe. Chinese angel investing emerged at the end of the 20th century with the expansion of the internet and high-tech enterprises. In recent years more and more entrepreneurs, investors and professionals have taken part in angel activity. The standardization and institutionalization of angel investment is also speeding up. Various angel associations, groups and networks have been formed in Beijing, Shanghai, Guangzhou and other cities. Numerous policies promoting angel investment have been enacted, particularly in local governments such as Jiangsu province, Hubei province, Ningbo, Wenzhou, Chengdu, Chongqing and Luoyang…

Suggested Citation

  • Wang Jiani & Chen Su, 2015. "China," World Scientific Book Chapters, in: John May & Manhong Mannie Liu (ed.), Angels without Borders Trends and Policies Shaping Angel Investment Worldwide, chapter 13, pages 139-150, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814733816_0013
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