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Qiu Yong said fundraising in China’s equity investment market exceeded 1 trillion yuan in H1 2026, up 49% year-on-year, with focus on hard-tech and future industries including artificial intelligence and quantum technology.
China's venture capital sector is recovering, with investment in early-stage startups, smaller companies, long-term projects and hard-tech industries becoming a key market trend, China's vice science and technology minister Qiu Yong said on Tuesday, state media CCTV reported.($1 = 6.7036 Chinese yu…