What is hot in China’s venture capital land nowadays besides artificial intelligence? The answer: autonomous driving.
Back in 2015, when the Chinese government issued its China 2025 blueprint, it named autonomous driving as a key sector for the nation’s technological and economic future. VCs have responded by crowding into the sector. Over the past ten months, Chinese investors have made eight major deals worth over US$280 million, according to data from China Money Network.
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