March 14, 2021

What China's five-year plan could mean for venture capital's tech sectors

Source: Yahoo! Finance

Journalist: James Thorne

China recently unveiled its strategic economic vision for the next five years in a lengthy plan that could help shape the direction of high-tech industries laden with venture capital-backed startups.

The country's 14th five-year plan calls for increased investment in a number of emerging sectors, from cryptocurrencies to quantum computing. It also makes clear that the Chinese government wants to continue attracting foreign capital by loosening restrictions in certain industries and reforming its domestic stock exchanges.

Read the full story and more from Yahoo! Finance.

Author

  • Jordan Schneider

    Adjunct Fellow, Technology and National Security Program

    Jordan Schneider is a China technology analyst at The Rhodium Group, as well as the host of the ChinaTalk podcast and newsletter. He previously worked for Bridgewater and the ...