Health Care Continues To Draw Top Venture Dollars

Financial consulting firm ChinaVenture has published a Q1 2008 report on China's venture investment, which shows health care continues to be the hot favorite for investors. Capital injected in the industry reached $83.99 million in the quarter, 55.6 percent up over the same year-ago period. The proportion of funds channeled into health care by project number increased from 9.7 percent in Q1 2006 to 12.5 percent in Q4 2007; the percentage of total capital climbed from 10.4 percent to 22.3 percent over the same period. The number of health care programs invested in 2007 jumped to 32 from 19 the previous year; the $303 million attracted was 309.5 percent more than 2006. ChinaVenture believes that China's health reform policies and potential market are encouraging more funds into the industry, making it a key investment area. (Click here for more - Chinese language)