Venture Capital Funding in China Greentech
greentechmediaChina's role in greentech has been hyped extensively in the media, but there is some debate about whether it lives up to that hype in reality. For instance, some argue that China is not a friendly place for early-stage greentech startups, because it lacks the venture capital funding communities that are present in the US.
However, China makes up for this in deficit in other ways, such as the wealth of government-supported incubators for new technologies. Many local governments in China have a lot of cash, and they want to put it to work. This makes China a healthy field for early-stage opportunity, perhaps even for US or European firms that have technology that could be useful in the Chinese market. Chine is planning to direct the lion's share of its smart grid buildout over the next five years toward massive new transmission systems that will connect solar and wind resources in the west to the biggest cities in the east.
greentechmediaChina's role in greentech has been hyped extensively in the media, but there is some debate about whether it lives up to that hype in reality. For instance, some argue that China is not a friendly place for early-stage greentech startups, because it lacks the venture capital funding communities that are present in the US.
However, China makes up for this in deficit in other ways, such as the wealth of government-supported incubators for new technologies. Many local governments in China have a lot of cash, and they want to put it to work. This makes China a healthy field for early-stage opportunity, perhaps even for US or European firms that have technology that could be useful in the Chinese market. Chine is planning to direct the lion's share of its smart grid buildout over the next five years toward massive new transmission systems that will connect solar and wind resources in the west to the biggest cities in the east.
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