Foreign VC funds have long faced a lack of policy transparency and market volatility in China, but China is attempting to grant foreign VCs easier access and simplify investment procedures to sustain the entrepreneurial wave, according to a guideline released by the State Council last September. As the environment to invest across borders becomes friendlier and more lucrative, foreign VCs that are traditionally not active in China are gradually getting more involved with the China scene. On Day 2 of TechCrunch Shenzhen, we talked to three of them.

500 Startups: One of the world’s most active investors in early stage startups, 500 Startups first entered the greater China region in 2013. Its newly appointed China Partner Edith Yeung previously serves as vice president of overseas markets for Dolphin Browser, one of the earliest Chinese mobile startups to achieve overseas success.

Sparklabs: Founded in Seoul four years ago, Sparklabs opened its first China accelerator in Beijing this May with a focus to help Chinese companies go global. It is also launching a fintech vertical in Hong Kong and in Taipei later this year, according to Bernard Moon, co-founder of Sparklabs.

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Rita Liao

Telling the uncommon China stories through tech. I can be reached at ritacyliao [at] gmail [dot] com.