China’s Crowdfunding Market as of 2014

There were 116 crowdfunding platforms (excluding those for nonprofits) in China as of the end of 2014, up from 78 a year ago, according to a report on China’s crowdfunding market by online financial product search service Rong360. Of these, 27 are equity crowdfunding sites.

A total of RMB915 million (about US$148m) was raised through crowdfunding sites in 2014, according to the Rong360 report.

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