Venture capital funds flock to China's eastern Zhejiang province amid hi-tech push

By Yahoo! Finance   |   1 month ago
Venture capital funds flock to China's eastern Zhejiang province amid hi-tech push

In 2024, Zhejiang province in China attracted the most venture capital funding, focusing on AI and robotics. Hangzhou, the capital, is home to major tech companies and start-ups. The province's success is attributed to government support and incentives for innovation despite economic challenges.

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