Wu Jun, former vice president of Tencent: 2018 new companies in the financial industry are mainly blockchain companies

Wu Jun, former vice president of Tencent, said that since 2018, "capital winter" has become a hot word. According to statistics, there were 1,245 new companies in January-September 2018, which was significantly lower than 20,895 in 2015, 1,2012 in 2016, and 6,672 in 2017. In terms of sub-sectors, the number of new enterprises in business services was the highest, with 241; followed by 217 in the financial industry, mainly due to the establishment of a number of blockchain enterprises in 2018.