Investment in real estate is still a good choice, whether in China or overseas, industry insiders say.
Jiang Le, global partner of Unifortune, a Beijing-based financial services provider, says that Hong Kong and Singapore are good choices for Chinese people to invest, as the economies of these regions are stable and tax rates relatively low.
Experts gathered to discuss wise investments during the recent Universal Fortune Gathering 2017 forum.
Zheng Di, who was once in charge of fixed-income investment at Fosun Group, is also optimistic about real estate, as he believes the industry will stay strong globally. He suggests that individual investors could invest in real estate and bonds the major part of their assets. They could put the rest into equity investment and angel capital investment.
He says there are also many opportunities in the stock market and he is quite optimistic about the electric car industry.
Dong Yunwei, director of financial research institute Unifortune, says he is quite optimistic about the cultural industry, the healthcare sector and high-end manufacturing. On one hand, China's growing middle-class is demanding a high-quality lifestyle and, on the other, China's policies have been working to boost of these industries. For example, China launched the Made in China 2025 strategy to upgrade the manufacturing sector, he explains.
