China Focus: Unicorns, gazelles, little giants: tech startups thrive in "fund jungle"

NAMPA / Xinhua

2025-07-06

by Xinhua writers Cheng Yunjie, Chen Shangying and Yao Yuan HEFEI, July 6 (Xinhua) -- In a high-stakes race to pursue next-generation technologies, Chinese startups specializing in artificial intelligence, autonomous driving, and advanced manufacturing are gaining momentum through a novel but supportive financing model called the "fund jungle." This ecosystem -- a dense network of government-led investment funds, venture capital and corpora......

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