Grace Liu, the co-CEO of a Chinese venture capital fund Fosun RZ Capital, said autonomous driving has 'great potential' because, when it takes off, it could affect the way people live and get around.
Venture capital investment in China fell significantly in the first three quarters of 2019 compared to the year prior, with only two deals above the $1 billion mark,Liu said she expected to see a pick up.
"I think the VC industry is still at it's early stage currently. So it will through its ups and downs," she said. "In 2020, I would expect the market to grow from this year. I don't think it will still at the very low stage level."Each morning, the “Beyond the Valley” newsletter brings you all the latest from the vast, dynamic world of tech – outside the Silicon Valley.
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