Market overview: The H1’22 GDP grew by 0.4% YoY and the real economy became more resilient Macroeconomy: A package of policies and measures to stabilize the economy has been released to efficiently coordinate covid control and economic development VC/PE supervision: The VC/PE industry has improved standardization and the market environment is open and inclusive VC/PE policy: Many places continue to support the development of the VC/PE industry and encourage the building of sci-tech venture capital centers U.S. vs. China: China’s VC/PE market kept slowing down and VC&PE investment in the U.S. rose slightly YoY Market overview: There were 379 newly registered equity investment fund managers in H1’22 and the number of deregistered reached 561 Market overview: There were 49,200 equity investment funds * filed with the AMAC as of the end of H1’22 with 4,109 in H1’22.

2022年上半年，中国股权投资基金新募集数量和金额分别达2,701支，7,724.55亿人民币，同比下滑7.2%、10.3%，人民币基金中大额基建和国资产业基金频频设立；同时受海外上市环境恶化等因素影响外币基金募资持续放缓。

清科创业（01945.HK）旗下清科研究中心发布《2022年第一季度中国股权投资市场研究报告》。数据显示，2022年第一季度，受复杂的国际形势和频发的国内疫情影响，我国股权投资市场整体交易节奏放缓。

2021年，我国股权投资市场整体表现活跃，募投总额均打破历史记录。

2021年，我国股权投资市场整体表现活跃，募投总额均打破历史记录。

China VC/PE Market Review Q3’21

2021年前三季度中国股权投资市场回顾与展望

China VC/PE Market Review H1’21

完整版

On April 16, 2021, the National Bureau of Statistics released the latest national economic data, showing that in Q1’21, China's GDP increased by 18.3% YOY and economic operation kept the momentum of stable growth while continued the pandemic prevention and control.