China PE veterans point to growth sectors

The key to investing in China is to find companies that can leverage the country’s population and relatively cheap manufacturing costs to achieve scale and branding power in new industries, according to a group of well-known private-equity and venture-capital investors from China.

Speaking at a luncheon organised by the Asia Society, the panel included a roster of seasoned China investors Deng Feng from Northern Light Venture Capital, Wang Chaoyong from ChinaEquity International, Neil Shen of Sequoia Capital China, Andrew Yan of SAIF Partners and Hang Lung’s Ronnie Chan.

They all had different stories to tell, but generally shared a similar optimism about the size of the...