BEIJING, July 12 (Xinhua) -- China's Internet industry saw increased investment and financing in 2018, with 2,685 investment and financing cases disclosed, an increase of 107.2 percent compared with that of 2017, according to a research report released by Internet Society of China, on Friday.
The transaction amount of the investment and financing deals in China's Internet industry totaled 69.7 billion U.S. dollars last year, an increase of 43.8 percent year on year.
Fields such as high-tech chips, artificial intelligence(AI) applications, medical health and quality education saw most capital inflow last year, which helped these industries achieve leap-forward development, said the report.
From the perspective of investment for start-ups, the capital flow showed investors' optimistic attitude towards the growth trend of Internet start-ups from the fourth quarter of 2017 to the end of 2018, showed the report.
In terms of transaction value, the transactions mainly concentrated on the sectors of Internet finance, e-commerce, travel and local life.
(Edited by Bao Nuomin, baonuomin@xinhua.org)
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