Zhang Yichen, chairman and CEO of CITIC Capital Holdings Ltd and a member of the 14th Chinese People's Political Consultative Conference National Committee, highlighted the critical role of private equity investment in bolstering the real economy of the Chinese mainland.
According to Zhang, the Chinese mainland's overall objective for the financial sector is to support the real economy, and private equity investment is vital for channeling funds directly into key economic areas. This strategic focus ensures sustained growth and development by fostering investment in various industries.
CITIC Capital's commitment to private equity investment aligns with overarching national objectives, promoting economic stability and expansion. By prioritizing the infusion of capital into the real economy, the financial sector helps drive innovation, create jobs, and enhance overall economic resilience.
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CITIC Capital chairman: Private equity investment boosts real economy
cgtn.com
