China’s first Golden Bull award ceremony for equity investment & summit forum hosted by the China Securities Journal and the China Fortune Institute was held in Beijing on August 26. In his opening address, Ge Wei, the chairman and chief executive of the China Fortune Media Group and the chairman of the China Securities Journal Co., Ltd., said that over the past 20 some years, China’s equity investment market has been growing rapidly. By the end of this July, China’s private funds has managed a total amount of nearly RMB 10 trillion, over RMB 6.1 trillion of which are managed by private equity funds and venture capital funds.

Ge Wei noted that China’s equity investment industry has been playing an increasingly unique role. Equity funds has participated in a wide range of industries and projects including the film production, the bicycle sharing, the local construction as well as the launch of the Belt and Road Initiative. It is fair to say that the equity investment has become an important part of the asset allocation during the transition and upgrading of the Chinese economy.

Ge Wei also said that with the further improvement of the financing structural system, the equity investment, as one of the most effective ways for the financial sector to serve the real economy, still have a great growth potential in the years to come.