China embraces new outbound investment demand
China has grown to a stage where there is a huge market demand for Chinese companies to innovate in how they invest, participants said during a business forum.
“China is gearing up for broader and more in-depth opening-up, which will lead to new paths and ways of outbound investment,” Liu Jun, executive vice president of China Investment Corporation, said during the China-EU Investment Forum.
As a sovereign fund operator, Liu said his company has been innovating in setting up funds serving both outbound and inbound investors.
It is expected that more tailored investment funds will be established between Chinese and European companies, with Belgium a good option, said Qiu Jun, chairman of JIC Holding, a state-owned investment company.
“The first step is to find good partners that you can trust, and build up relations based on shared vision,” said Koen Van Loo, CEO of SFPI-FPIM, a Belgiam investment fund company.
Jos Peeters, managing partner of Capricorn Partners, said there are many R&D opportunities in Belgium that can create new benefits for the society, such as life sciences.
The forum was hosted by JIC Group against the backdrop of the visit of Belgium’s Princess Astrid in Shanghai. The princess is on a five-day visit to China and is heading her country’s biggest-ever trade delegation.