Core Insights - The investment landscape in China's venture capital is characterized by a "one strong, many strong" and "similarity with differences" pattern, with the Yangtze River Delta leading significantly [1] - The article analyzes four major economic regions, highlighting their scale, investment consensus, and unique sectors, creating a comprehensive view of capital flow [1] Regional Investment Landscape - The primary market in China has formed a clear tiered structure, with the Yangtze River Delta as the most active venture capital center, recording 4,256 investment events and attracting 311.58 billion yuan [2][4] - The second tier includes the Beijing-Tianjin-Hebei, Guangdong-Hong Kong-Macau, and Central-Western regions, with investment events close in number: 1,364, 1,542, and 1,346 respectively, indicating increasing competition among these regions [4] Core Investment Consensus - Despite regional differences, there is a strong national consensus on seven key investment sectors: artificial intelligence applications, pharmaceuticals, biotechnology, medical devices, new energy, integrated circuits, and robotics [5][7] - Integrated circuits have the highest consensus, ranking among the top two investment hotspots in the Yangtze River Delta (597 events), Guangdong-Hong Kong-Macau (160 events), and Central-Western regions (110 events) [5] Unique Regional Advantages - Each region has developed differentiated sectors based on local resources, creating unique competitive advantages: - Beijing-Tianjin-Hebei: Notable for aerospace (76 events), AIGC (60 events), and AI foundational technologies (52 events), showcasing its role as a national technology innovation center [8][10] - Yangtze River Delta: Strong industrial chain collaboration, with new materials (332 events) as a significant sector, complementing the leading integrated circuit industry [10][13] - Guangdong-Hong Kong-Macau: Focus on intelligent equipment (88 events), reflecting a deep foundation in precision manufacturing and the integration of cutting-edge technology with industry [15] - Central-Western Regions: Actively converting local resource advantages into industrial momentum, with new materials (104 events) emerging as a key growth area [18] Conclusion - The 2025 venture capital landscape in China illustrates a dynamic picture of "concentration with dispersion, consensus with uniqueness," defining the direction of capital flow and presenting opportunities for entrepreneurs and investors [19]
长三角融资占了全国的近半，京津冀屈居第2 梯队
3 6 Ke·2026-01-13 12:16