The 10th China Venture Capital (VC) and Private Equity Annual Forum in Shanghai has found more than 850 attendees in a buoyant mood.

The VC market is very active in China with the first 11 months of 2010 surpassing comparable figures from previous years.

Gavin Ni, president of event organisers Zero2IPO, at the start of the conference said there was a 57% increase in VC funds raised, with an aggregate of $10bn commited.

The exit market was also very active with 133 flotations far exceeding trade sales, he added.

The number of initial public offerings was a response to the high price…