Mergers and acquisitions expanding across the nation's technology sector

This year has witnessed a sharp rise in M&A activities in China's technology sector.

Data from Dealogic, a global market observer, show that acquisitions led by Chinese technology firms reached $25.6 billion by last Tuesday, compared with $9.3 billion during the same period last year, and $17.66 billion for 2013. Year-to-date deal volume reached a record high of 275 deals, compared with 218 for 2013.

While overall Chinese acquisitions have reached a record $162.5 billion so far this year, up 27 percent year-on-year, the technology sector saw 175.72 percent growth in value, making it the third most active sector in M&A activities after resource and finance. The deal value of outbound technology M&A surged 175.77 percent year-to-date.