国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

China's PE scale exceeds 10 trillion yuan as a first

chinadaily.com.cn | Updated: 2017-09-13 14:44

China's PE scale exceeds 10 trillion yuan as a first

The Assets Under Management (AUM) of Private Equity (PE) firms and privately offered funds exceeded 10 trillion yuan for the first time. [Photo/VCG]

The Assets Under Management (AUM) of Private Equity (PE) firms and privately offered funds exceeded 10 trillion yuan for the first time, China Fund News reported on Wednesday.

The real payment of AUM of PE firms and privately offered funds rose to 10.21 trillion yuan ($1.56 trillion) by the end of August, the Asset Management Association of China (AMAC) revealed.

The number of private equity firms has risen to 20,652 by the end of August, an increase of 542, compared with one month earlier. In addition, the number of privately offered funds has increased to 60,688, 1,954 more than that in July, the AMAC data showed.

The total number of employees in these private equity firms currently stands at 228,900 and 164,900 people have registered in a professional system, accounting for 72.04 percent of the total, the report said.

Private equity firms are mainly based in Shanghai, Shenzhen and Beijing, with 4,324 firms in Shanghai, 4,092 in Shenzhen and 3,922 in Beijing, AMAC data revealed.

In terms of scale, China's private equity firms and privately offered funds match publicly offered funds, which was 10.68 trillion yuan by the end of July, the report said.

Typically, investors of private equity firms include insurers, government-backed funds, corporates and wealthy individuals.

According to a report of China-Venture Group, there were 589 private equity deals in the first half of this year and their investments totaled $28.3 billion, up 4.5 percent year-on-year.

China's mass innovation and entrepreneurship programs are the major forces for the robust development of China's private equity funds, contributing to nearly 62 percent of the total PE scale, China Fund News reported.

China's innovation and entrepreneurship initiative began in 2014 and in July, the State Council, China's Cabinet, released a guideline that the government will encourage State-led investments as well as private investments in startups, especially those in the high-tech sector,to help finance innovation.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
辽阳市| 阳谷县| 永丰县| 确山县| 安阳县| 双鸭山市| 句容市| 望都县| 永德县| 湘乡市| 伊春市| 广河县| 沾化县| 汽车| 肇庆市| 饶河县| 纳雍县| 江都市| 延川县| 义乌市| 昌都县| 白城市| 都江堰市| 上虞市| 平塘县| 文水县| 洪雅县| 迁西县| 宁陵县| 宜良县| 东光县| 阳谷县| 南溪县| 同心县| 本溪市| 邹城市| 横山县| 河东区| 富阳市| 安义县| 民权县|