Xiamen venture capital circle seizes the opening
At the beginning of the New Year, Xiamen city's entrepreneurial enterprises and venture capital institutions have taken positive action to seize the opening.
The investment and financing of entrepreneurial enterprises is an important facet for observing the development of the new economy. In 2022, the number of investment and financing events in Xiamen reached 196, a year-on-year increase of 24 percent, and revealed the vitality of the city's entrepreneurial enterprises.
As the Year of the Rabbit begins, Digital Intelligence Gravity Motion Technology in Xiamen Software Park Phase III has received more funding of 15 million yuan ($2.22 million) from investors, such as well-known basketball player Yi Jianlian.
After the Spring Festival holiday, Xiamen High-Tech Investment, a subsidiary of the Administrative Committee of Xiamen Torch Hi-Tech Industrial Development Zone, has been focusing on areas such as semiconductors, new materials and biomedicine to find promising entrepreneurial enterprises.
At the same time, Xiamen High-Tech Investment's Gaoxin Chuangzhen Phase I Fund has invested in Xiamen Junde Medical Technology, an innovative medical technology project.
Founded in 2020, Junde Medical Technology is a high-tech company specializing in fields such as innovative drugs and devices made of biopolymers to cure chronic diseases.
Why Xiamen
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Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.