China high‑tech investment rose 4.6% YoY in 1H 2026 as venture capital activity
recovered. VCs point to AI development as the main driver, with funding
accelerating into AI, quantum technologies and compute. Chinese AI startup
fundraising in 1H 2026 exceeded CNY300bn, surpassing full‑year 2025.
Concentrated inflows have pushed valuations higher and produced a scramble for
allocations in the primary market.