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Chinese firms recorded 66 venture capital deals for the week ended March 28, the most of any week in 2020 and just below figures from the same time last year.To get more news about china industry research, you can visit acem.sjtu.edu.cn official website.
It's a sign that the VC industry in the rest of the world could also mount a quick recovery from travel restrictions and other measures that have made investing more challenging. In the first six weeks of the year, deal volume and capital raised in China had fallen more than 60% compared with the same period last year, according to PitchBook data.
But any optimism should be tempered with a note of caution. If a second wave of the virus were to hit China, stringent lockdown measures would be reinstated and deal activity would most likely dive again, said Alex Frederick, an emerging tech analyst at PitchBook.Containment measures intended to slow the outbreak sharply curtailed many of China's hallmark industries, notably manufacturing and logistics. But it has also drawn attention to new opportunities.
Two sectors that have seen an uptick in VC deals include advanced manufacturing and edtech, Frederick said. Last week, Chinese online education startup Yuanfudao hauled in $1 billion at a $7.8 billion valuation, according to Reuters, at a time when the world is rethinking the merits of remote teaching. And Chinese software companies have fared particularly well in recent weeks, with the industry claiming nearly a third of all deals in the country.
The rebound is a welcome sign for startups and investors in the US and Europe, who are now seeing investment activity begin to slide. In the last week of March, the number of deals in the US was down some 26% compared to February's weekly average, according to PitchBook data.That activity is likely to slow much more in the coming weeks as the US grapples with more official cases of COVID-19 than any other country. There is a natural lag time between when deals are made and when they are announced publicly.
If investors are able to find deals, there's money to fund them. Globally, venture capitalists had around $188.7 billion in dry powder as of mid-year 2019, according to a recent PitchBook analyst note on COVID-19's Influence on the US VC Market. That works out to more than two-and-a-half years of capital on hand.
Investors may also find that the market turmoil will make for new opportunities. During the Great Recession, the share of companies raising money at lowered valuations grew sharply, according to the analyst note. Investors also tend to demand more protection in deals during downturns, such as liquidation preferences and dividend rights.
The world's second-biggest economy saw growth of 4.9% between July and September, compared to the same quarter last year.To get more China economy news, you can visit shine news official website.
However, the figure is lower than the 5.2% expected by economists.
China is now leading the charge for a global recovery based on its latest gross domestic product (GDP) data.
The near-5% growth is a far cry from the slump the Chinese economy suffered at the start of 2020 when the pandemic first emerged.
For the first three months of this year China's economy shrank by 6.8% when it saw nationwide shutdowns of factories and manufacturing plants.
It was the first time China's economy contracted since it started recording quarterly figures back in 1992.The key economic growth figures released on Monday suggest that China's recovery is gathering pace, although experts often question the accuracy of its economic data.
The quarterly figures are compared to the same quarter of 2019.
"I don't think the headline number is bad," said Iris Pang, chief China economist for ING in Hong Kong. "Job creation in China is quite stable which creates more consumption."
China's trade figures for September also pointed to a strong recovery, with exports growing by 9.9% and imports growing by 13.2% compared to September last year.
Over the previous two decades, China had seen an average economic growth rate of about 9% although the pace has gradually been slowing.
While the Covid-19 pandemic has hampered this year's growth targets, China also remains in a trade war with the US which has hurt the economy.China's economy continues to grow at rates unimaginable in other Covid-hit countries.
Draconian lockdown measures to control the virus combined with some government stimulus appeared to have worked well.
While growth of 4.9% is slightly below some forecasts, industrial output - a good barometer of state controlled activity - came in above expectations.
China's communist party rulers wanted to see ramped up supply, but retail sales were slower than predicted.
Nonetheless it appears to be a broadening recovery with the all-important services sector rebounding.
Domestic tourists and travellers have probably helped the recovery continue by spending their money at home because global restrictions mean they can't - yet - go abroad.
The world's second-biggest economy saw growth of 4.9% between July and September, compared to the same quarter last year.To get more China economy news, you can visit shine news official website.
However, the figure is lower than the 5.2% expected by economists.
China is now leading the charge for a global recovery based on its latest gross domestic product (GDP) data.
The near-5% growth is a far cry from the slump the Chinese economy suffered at the start of 2020 when the pandemic first emerged.
For the first three months of this year China's economy shrank by 6.8% when it saw nationwide shutdowns of factories and manufacturing plants.
It was the first time China's economy contracted since it started recording quarterly figures back in 1992.The key economic growth figures released on Monday suggest that China's recovery is gathering pace, although experts often question the accuracy of its economic data.
The quarterly figures are compared to the same quarter of 2019.
"I don't think the headline number is bad," said Iris Pang, chief China economist for ING in Hong Kong. "Job creation in China is quite stable which creates more consumption."
China's trade figures for September also pointed to a strong recovery, with exports growing by 9.9% and imports growing by 13.2% compared to September last year.
Over the previous two decades, China had seen an average economic growth rate of about 9% although the pace has gradually been slowing.
While the Covid-19 pandemic has hampered this year's growth targets, China also remains in a trade war with the US which has hurt the economy.China's economy continues to grow at rates unimaginable in other Covid-hit countries.
Draconian lockdown measures to control the virus combined with some government stimulus appeared to have worked well.
While growth of 4.9% is slightly below some forecasts, industrial output - a good barometer of state controlled activity - came in above expectations.
China's communist party rulers wanted to see ramped up supply, but retail sales were slower than predicted.
Nonetheless it appears to be a broadening recovery with the all-important services sector rebounding.
Domestic tourists and travellers have probably helped the recovery continue by spending their money at home because global restrictions mean they can't - yet - go abroad.
MMOs are low-key the best places to spend Holidays. There's usually a visual overhaul you can explore over an expansive map, themed events, and a massive community to celebrate with. World of Warcraft and its older-looking cousin, Wow Classic, aim to be your Halloween destinations this year, with the annual Hallow's End event running in both games from now right on through All Hallow's Eve.To get more news about wow gold classic for sale, you can visit lootwowgold official website.
"Observed by both the Horde and the Alliance, Hallow's End is a celebration of the break between the Forsaken and the Scourge. Many tricks and treats await adventurers seeking holiday fun, including defeating the Headless Horseman, visiting inns and cities for fun items such as masks and costumes, and eating way too much candy in one sitting," reads the event's official description.
Due to obvious content limitations, WoW Classic's Halloween event isn't nearly as deep as the full retail version's event, although there's plenty to see and do in either case. As for what's going on in 2004-era WoW, the main attractions are quests. Horde players can access Wickerman Festival quests via Darkcaller Yanka by the Wickerman Statue in Tirisfal Glades, while Alliance players will find event quests by speaking to Sergeant Hartman in Southshore.Then there's the 16-slot Pumpkin Bag item, which you can loot from any 50+ Undead mob, and Trick or Treating, which allows you to go to any inn, once per hour, and either get a costume (trick) or a goody bag with candy, Flimsy Masks, and Hallowed Wands (treat). There's also an apple-bobbing event at inns that can buff Stamina and Spirit, the Hallow's End Orphan Treats questline, and the Wickerman buff, which gives a 25% health regen, mana regen, and stamina buff for two hours.
The retail version of World of Warcraft is hosting a much more intricate event, and fan-site Wowhead keeps a yearly catalog of every little detail, item, upgrade, and quest available this year and all previous years.
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Enzymes, the biological catalysts, have revolutionized various industries, including food, pharmaceuticals, and textiles. One such enzyme that has gained attention is the OHL enzyme powder. This article delves into the significance of OHL enzyme powder and its applications in biotechnology.Get more news about ohl enzyme powder,you can vist our website!
OHL enzyme powder is a type of enzyme preparation that has found extensive use in various biotechnological applications. Enzymes are proteins that speed up chemical reactions, and in powder form, they offer ease of storage and application.
The use of OHL enzyme powder in the food industry is noteworthy. It aids in the breakdown of complex molecules, enhancing the taste and texture of food products. For instance, it can be used in brewing to break down starches into fermentable sugars.
In the pharmaceutical industry, OHL enzyme powder plays a crucial role in drug synthesis. It can catalyze specific reactions, leading to high-purity compounds. This specificity reduces the need for purification steps, making drug production more efficient and cost-effective.
OHL enzyme powder also finds application in the textile industry. It can be used for bio-polishing, a process that removes fuzz and pills from fabric surfaces, resulting in a smooth and glossy finish.
However, the use of OHL enzyme powder comes with challenges. Enzymes are sensitive to environmental conditions like temperature and pH. Therefore, maintaining optimal conditions is crucial for their activity. Moreover, enzymes can be inhibited by certain chemicals, affecting their efficiency.
To overcome these challenges, researchers are exploring various strategies. One approach is enzyme immobilization, where enzymes are attached to a solid support. This not only enhances their stability but also allows their reuse.
In conclusion, OHL enzyme powder has significantly impacted biotechnology with its diverse applications. However, challenges persist, and addressing them will pave the way for more extensive use of this versatile biocatalyst.