Investment opportunities open up in mainland as economic transition deepens says PE fund

Technology, media and telecommunications, and education present investment opportunities in mainland China, Xinhua reports.

The report cites the opinion of James Yang, managing partner and chairman of Pagoda Investment, a private equity fund. He claims economic restructuring and improving infrastructure may create opportunities in technology, media and telecommunications, education, healthcare and high-end consumer goods.

“The downward economic pressure might have some silver linings, as it could squeeze out the hype bubble and push for real innovation in new technology and sustainable business models,” Mr Yang was quoted as saying.

Meanwhile, the report says mainland firms have become more international through mergers and acquisitions. Outbound direct investment was US$102.7 billion in the first seven months of this year, a 61.8-percent increase year-on-year.