The vibrant Chinese tech and startup ecosystem is attracting huge attention from investors and institutions hoping to grab a place in the heated innovation competition. According to Crunchbase’s latest analysis, in the second quarter of 2018, Chinese startups raised 47% of all reported VC dollar volume whereas North American companies raised 35% of the whole pie.

James Chou, CEO at Microsoft for Startups Shanghai, Garnett Ge, Head of Cross-Border Ventures at Plug and Play, and Vivian Law, Corporate Innovation Director at Chinaccelerator, talked about incubation investment yesterday at TechCrunch Hangzhou.

However, according to the panel, among the over two thousand VCs in China, a few are genuinely into acceleration and incubation.

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Runhua Zhao

Runhua Zhao is a technology reporter based in Beijing. Connect with her via email: runhuazhao@technode.com