China Online News, June 11 (Reporter Li Jiajia) "Real estate is an important part of the Chinese economy. Saying that you are not interested in real estate is equivalent to saying that you are not interested in breathing." Chairman and Chief Executive Officer of Blackstone Group The executive officer and co-founder Su Shimin said this in an online dialogue at the "14th China Investment Annual Meeting and Annual Summit" held in Shanghai recently.
He said that in the future, Blackstone is willing to invest in two types of real estate in China: the first is warehousing assets, and the second is urban shopping malls. At the same time, China's hotel industry will start slowly.
Su Shimin said that Blackstone will continue to focus on China, and beyond real estate, see the continuous innovation opportunities in the fields of technology and medical care.
The sudden new coronary pneumonia epidemic has affected the world, changed people's views on some things, and will also bring some changes to the investment industry. For example, people will pay more attention to technology, and how technology affects people's lives and ways of doing things; for example, funds will continue to flow into alternative asset management companies, that is, venture capital companies. "Compared to the past, we will encounter more uncertainties in the future. But looking at the investment environment in the next four to five years for almost all economies," Su Shimin said.
Compared with the United States, China's private equity industry started late, but Su Shimin believes that China's private equity industry and venture capital industry are very strong. "From the beginning to the present, China's venture capital industry has experienced 20 years of spring and autumn, but its performance has been impressive. Stunning".
The reason is that he attributed it to Chinese companies, which not only have strong growth momentum, but also focus on technology. "I found that Chinese investors are prepared and willing to take risks. The future of China's venture capital industry is wonderful."
He also took the biotechnology industry as an example. "In this epidemic, we see that everyone is desperately developing vaccines. Many large pharmaceutical companies are joint ventures with biotechnology companies that have cracked the vaccine problem. These companies have completed many of the major companies have not yet launched. Research." Su Shimin believes that as China's development becomes more mature and more familiar with technology, biology and related industries, a very robust industry is about to be born. In addition, the proliferation of healthcare in China has become a profitable industry.
In addition to the above, Su Shimin also pointed out that Chinese investors are very active in various venture capital activities. "Especially in the field of artificial intelligence that is now causing global change, only China has the strongest investment momentum." (Finish)