73 venture capital (VC) investment deals were completed in China in the first quarter of 2008 amd they were valued at US$585 million, up 12.9% from the same period last year, according to a report by ChinaVenture.

Healthcare sector remained the most popular among investors with seven deals valued at US$83.99 million. Since the fourth quarter of 2007, the sector has been much chased by investors while the once-popular internet service sector has seen a shrinking number of deals.