Singaporean venture capitalists remain bullish on Chinese VC market
Six Singaporean venture capitalists, who are active in Chinese Venture Capital market over the last decade, gathered on Tuesday at a forum to share their experiences and expectations towards the Chinese market. China has entered into a new phase of growth, with the private sector playing an increasingly important role in promoting the economy. Outbound investments from China have also surpassed inward investment flows, which provide new opportunities for businesspeople from Singapore and other countries.
Sun Xueling, CEO of Business China, organizer of the forum "Riding the waves of the future economy - opportunities in China," said that the InfoTech sector has become a fast growing area in the Chinese economy, and many Singaporeans have played a role in the growth of this sector in China.
Jui Tan, managing partner of BlueRun Ventures China is one of them. He joined BlueRun in 2005 and has since been active in VC investments in China. Indicating that the Chinese market is fast-changing, he said VC in China is a business of both risk and opportunity.