Recently, the 2023 Jazzyear Year-end Gala was grandly held in Beijing. The event released the "2023 China Technology Industry Investment Ranking", and Thousand-lantern Lake Venture Capital Town was selected as the "TOP 10 Best Technology Industry Fund Town of 2023". This marks the town's consecutive two-year inclusion in this ranking.

This event invited industry leaders, experts, executives, investors, and tech entrepreneurs to share the year's milestone events and industry trends. It recognized outstanding examples of technology-industry integration, and provided new directions for future industry integration.

Thousand-lantern Lake Venture Capital Town has successfully built a branded and influential ecosystem for innovation, entrepreneurship, and venture capital in the past 4 years since establishment. It has attracted a continuous influx of funds from across the nation. As of the end of October 2023, the Town has gathered 1609 fund institutions, with a total fund size exceeding 213.3 billion yuan. Notable institutions such as CS Richland Asset, IDG Capital, Yueke Group, Midea Capital, and GAC Capital have settled in the town.

The institutions that have set up operations are leveraging the power of capital to help businesses expand into broader national markets, thereby supporting the transformation, upgrading, and development of the real economy. According to statistics, as of the end of October 2023, fund institutions within the town have collectively invested in 1632 projects, with a total investment exceeding 124.2 billion yuan. These investments cover a wide range of industries, including new energy, semiconductors, advanced manufacturing, artificial intelligence, telecommunications, biomedicine, environmental protection, new materials, and semiconductor manufacturing, all of which are key industries supported by the national government.

Currently, the Town has garnered 15 honors, including "Top 50 Chinese Characteristic Towns in 2020", "Best Fund Town in China for 2021-2022" and "Top 10 Best Fund Town in 2022." These accolades reflect the growing recognition of the town's achievements and its status as a leading hub for innovation, entrepreneurship, and venture capital in China.

Reporter | Eleanor

Revisor | Eddie, Lynn

Photo | Thousand-lantern Lake Venture Capital Town