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Published online by Cambridge University Press: 09 February 2021
This book has sought to provide an understanding of the unique features of the Chinese venture capital (VC) market, especially from the perspective of legal and corporate practices. Drawing on the materials covered earlier in this book with regard to the life cycle of VC in China – fundraising, investment, and exit – this chapter seeks to answer the questions raised in the first chapter on a more principled basis. 1. How did China create the world’s second-largest VC market within such a short period of time? 2. Are there any lessons of general applicability, which may be extracted from China’s VC story? 3. What are the ways forward for China’s VC market? These questions will each be discussed in turn.
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