After five consecutive years of strong growth, the number of crowdfunding platforms in Chinese market dropped from 427 to 280 in 2017. The Chinese Securities Regulatory Commission defined equity crowdfunding as illegal practices in the end of 2016, which could be one of the reasons causing the significant closure of this kind of platforms.
Number of crowdfunding platforms in China from 2012 to 2017
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Number of platforms
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State Information Center. (March 20, 2018). Number of crowdfunding platforms in China from 2012 to 2017 [Graph]. In Statista. Retrieved July 05, 2024, from https://www.statista.com/statistics/1032492/china-crowdfunding-platform-number/
State Information Center. "Number of crowdfunding platforms in China from 2012 to 2017." Chart. March 20, 2018. Statista. Accessed July 05, 2024. https://www.statista.com/statistics/1032492/china-crowdfunding-platform-number/
State Information Center. (2018). Number of crowdfunding platforms in China from 2012 to 2017. Statista. Statista Inc.. Accessed: July 05, 2024. https://www.statista.com/statistics/1032492/china-crowdfunding-platform-number/
State Information Center. "Number of Crowdfunding Platforms in China from 2012 to 2017." Statista, Statista Inc., 20 Mar 2018, https://www.statista.com/statistics/1032492/china-crowdfunding-platform-number/
State Information Center, Number of crowdfunding platforms in China from 2012 to 2017 Statista, https://www.statista.com/statistics/1032492/china-crowdfunding-platform-number/ (last visited July 05, 2024)
Number of crowdfunding platforms in China from 2012 to 2017 [Graph], State Information Center, March 20, 2018. [Online]. Available: https://www.statista.com/statistics/1032492/china-crowdfunding-platform-number/