Private sector to drive 'Invented in China'

Added: 2026-05-22

[00:00:00]I think I'm optimistic for several reasons. So, you you see the whole the the policy orientation [music] towards encouraging private private business to do better in China. Second thing is that I think the the housing bubble collapse. I think [music] it's we're probably reaching the end of it.

[00:00:16]Uh maybe another uh 12 months and uh we can [music] probably get out of it. So, that's that's a general generally, you know, good for the economy. And the third thing is that I think the Chinese uh private enterprises has demonstrated a great efficiency, really innovation, uh and you know, sort of I think they can continue to do better better in the future. Uh I have done a study [music] that uh look at the all the uh Chinese innovation and I was amazed by how fast the progress has been. And uh a lot of that innovation still currently is in uh in a research form and I think uh in the next 5 to 10 years uh many of those are going to be show up in a product form form. [music] So, so I have a great uh you know, optimism in terms of uh uh you know, the Chinese you know, private companies [music] do well in the future.