BEIJING, April 25 (Xinhua) -- Investment opportunities in China pose great appeal to foreign private investment firms as China remains as one of the fastest growing economies in the world, a foreign private equity (PE) firm said.
From a macro perspective, China's economy still reported robust growth rate and innovation vitality despite downward pressure, said Chang Sun, managing partner of global PE firm TPG's China branch.
Entering China in 1994, TPG is one of the earliest global private equity firms to witness the rapid development of China's enterprises.
Thanks to years of fast economic growth, TPG's investment in China accounts for 30 to 40 percent of the gross investment amount in Asia so far, topping 3.5 billion U.S. dollars in total, Sun said.
With the country's economy continuing to upgrade and restructure, consumer retail, technology innovation, financial service and medical health are key areas of TPG's investment focus.
In 2018, TPG and the limited partners it represented invested nearly two billion U.S. dollars in China, adding to evidence that the restructuring of China's economy has brought promising investment opportunities to PE investors, according to Sun.
