China Investment Report 2016 was recently unveiled at a seminar on new economy investment which was held in Beijing on April 12, 2016. Attendees at the China Investment Report 2016 Press Conference & New Economy Investment Seminar included: Liu Zhihong, chairman of the supervisory board of JIC; Li Yang, director of State Finance and Development Laboratory & CASS member; Zhang Liqun, macroeconomic research fellow at the State Council Development Research Center; and Xie Shouguang, president of the Social Science Academic Press. More than 30 media agencies provided live coverage of this event.

The China Investment Report 2016 was released at the seminar. It looked into a number of issues, including the future of the Chinese economy and investment trends and opportunities within key sectors. It also analyzed hotspots and various types of investment markets from the perspective of macroeconomics, the investment market and notable movements in the industry. In addition, the report provided a comprehensive analysis of the investment situation in China, while conducting a comparison of different investment markets in terms of yields, buoyancy and investment efficiency. It also made projections about these different markets for 2016. The China Investment Report was first launched in 2012. It has been issued on an annual basis for five consecutive years.

In his opening speech, Liu Zhihong pointed out that the world economy is experiencing a major correction. With weak recoveries in the advanced economies and falling growth rates in the emerging markets, the global slowdown has become the “new normal”. Multi-faceted and deep-level contradictions which have evolved over the years as a result of extensive growth are now escalating. This makes structural adjustment imperative amid the economic slowdown. The era of the New Economy is characterized by a decline in traditional sectors and the rise of emerging industries. Against the backdrop of this New Economy, we should identify driving forces, and consequently, new investment hotspots in the Chinese economy. A focus should be placed on new technologies, new momentum and a new institutional framework. Meanwhile, growing needs related to elderly care, high-quality lifestyles and personalized services are now driving spending within the consumer market. These are providing some new momentum for economic growth. From the institutional perspective, shifts in thinking on economic development like supply side reforms are delivering new economic dividends through industrial restructuring and innovation. This is creating even more investment opportunities.