9month27day-28Today, Frost & SullivanFrost & SullivanCo-hosted by Frost & Sullivan, LeadLeo and Lianyuan Media Group, with the participation of Tencent Cloud2022The 1st New Investment Expo and the 16th Frost & Sullivan Global Growth, Innovation and Leadership (GILThe Summit (hereinafter referred to as the 'Conference') grandly opened at the Shanghai International Convention Center. Dr. Wang Xin, Global Partner and President of Frost & Sullivan Greater China, delivered a speech at the conference.
Live video
The full text of Dr. Wang Xin's speech is as follows:
Distinguished leaders, guests, media friends, and online viewers, Hello everyone!
First of all, on behalf of the event organizers Frost & Sullivan and co-organizers LeadLeo, I would like to express my heartfelt gratitude and warm welcome to all of you!
New investment is a brand-new investment concept and methodology
"New investment" is a brand-new concept and methodology of investing. In the past, "fundraising, investment management, and exit" was the classic investment model. With the reform and upgrading of the capital market and the intensification of competition in the primary market in recent years, investment institutions have become more urgent about early judgment of opportunities and the exploration of targets in the earlier upstream stages.
According to the report of the National Bureau of Statistics, last year China's total R&D investment was2.8trillion yuan, accounting forGDPrecent2.5%It firmly ranks as the world's second-largest spender on research and development funding. According to reports from the World Intellectual Property Organization, whether it is the global innovation index or the intensity of R&D expenditure, China has ranked globally as12,13Ranked ahead of innovative countries such as France and the Netherlands.
Although China's innovation-driven development momentum has strengthened and new progress has been made in building an innovative country over the past decade, there is still room for further improvement in terms of the 'magnitude' rather than 'strength' of China's investment in science and technology.15Most large enterprises are high-tech companies, and China's high-tech sector has not yet fully entered the ranks of the highest market value companies, with room for further improvement. The state places great emphasis on innovation and technology. The long-term growth potential and investment opportunities for Chinese technology innovation enterprises are enormous. To fully tap the growth potential of science and technology innovation enterprises and accelerate their growth rate, it requires the joint efforts and collaboration of all sectors of society. Especially, the support from the capital market is crucial to jointly creating an upgraded version of the classic investment model of 'fund raising, investment management, and exit'.
New Investment is a three-dimensional, multi-dimensional spatial point matrix service system
For this reason, we have specially invited professionals from various institutions including industry, academia, research, and investment to establish the Frost & Sullivan & LeadLeo Science and Technology Innovation Expert Committee. "Many hands make light work," and all stakeholders collaborate highly to provide integrated service solutions for enterprise development. We believe that by working together hand in hand, each fulfilling their duties, we can meticulously craft and long-term practice pan-region investment management, benefiting all stakeholders and contributing to the country's innovative development.
New investments shoulder the mission of 'three empowersess'
Frost & Sullivan, in collaboration with its partners, adds value to corporate capital operations with professional knowledge, fuels industry transformation and upgrading, and provides services for national economic development.
As of the end of last year, the number of small, medium and micro enterprises across the country reached4,800Ten thousand households, compared2012Year-end growth2.7times, accounting for more than95%, absorbing more than80%createGDPexceed70%However, during the rapid development phase, most startups do not possess a relatively mature business plan or direction of development, and their understanding of policies and industries is relatively superficial. Especially in the first two years of entrepreneurship, which are critical for growth, risks are higher and need to be guarded against.
This year, the number of fresh university graduates in our country exceeded one million for the first time, setting new historical highs both in scale and increment. Moreover, amidst the 'mass entrepreneurship and innovation' craze, more and more college students are engaging in entrepreneurial practices. However, they also face issues such as financing difficulties, lack of experience, and inadequate services. They similarly need professional institutions to facilitate their career selection, employment, entrepreneurship, and innovation.
At the same time, in the face of an uncertain environment, investment institutions need to accurately assess global trends and national policies to find more certain investment opportunities, as well as have a profound understanding of 'good industries' and 'good enterprises'.
"New Investments" is committed to empowering the unmet needs of enterprises, industries, and society through the aforementioned initiatives.
Frost & Sullivan has more than60Accumulated industry-wide databases over the years. Frost & Sullivan and LeadLeo have nearly500The human analyst team at LeadLeo has long been committed to in-depth industry and corporate original research. The LeadLeo reports are included by one of the world's largest financial market data and infrastructure providers, Refinitiv. The LeadLeo reports can be accessed accurately.190country4More than 10,000 institutions,40For users of the Ten-thousand-Dollar Professional Finance platform, seamless integration is available, building a bridge between both the supply and demand sides of investment and financing.
Frost & Sullivan'60We have been committed to capital market services for many years and understand quite well what kind of enterprises can succeedIPO listingWe enable investors to exit; we also have rich experience in how to package and highlight investment highlights, as well as how to maintain a healthy interaction with the capital market.
For enterprises at different development stages, we help them focus on innovation and R&D capabilities through initiatives such as the 'Pioneer Program', 'Lighthouse Program', and 'Best Practice Awards'. We assist them in establishing effective investment and financing strategies, talent strategies, industrial ecosystems, and market layouts, thereby building core competitiveness to achieve deeper long-term driving growth.
growth Sci-tech innovation Leadership
Achieving growth is the top priority for corporate development, while innovation and entrepreneurship are the core driving forces. Becoming a market leader is a lofty goal for companies to ensure their long-term sustainability. 'New investments' refer to those made in companies that have already achieved or are expected to demonstrate growth, innovation, and leadership in the future. The Frost & Sullivan Summit integrates professional resources, a pool of high-quality targets, capital pools, and expert teams in growth and innovation. It deeply empowers practitioners of 'new investment' by helping enterprises achieve growth, empowering industrial transformation and upgrading through innovation, cultivating leading Chinese entrepreneurs, and ultimately promoting China's economic and social development.
The Frost & Sullivan Summit is attended by more than across the globe.20Countries and regions, with nearly30With its 10-year history of hosting, it has successfully attracted the world1000Strong participation from leading companies, top domestic and international investment institutions, and other leading enterprises helps them identify opportunities, accelerate growth, innovate continuously, and gain a leadership position in an increasingly complex and dynamic world. The Frost & Sullivan Summit has been held since2008Since its inception in China last year, the event has successfully held sixteen sessions domestically. It has become an important platform for outstanding domestic enterprises, academic institutions, investment experts, and regulatory authorities to exchange successful experiences and jointly explore development directions. It is also a crucial window through which the world can understand China's most cutting-edge development trends.
2022The year is a crucial one for the implementation of the "14th Five-Year Plan" and also an era of forging ahead towards the second centenary goal. Against the backdrop of China's entry into a new development pattern of "dual circulation" and industrial upgrading, opportunities in the times have deeply intersected with capital deployment. Cultivating and strengthening new drivers represented by new technologies, new industries, new business forms, and new models cannot be separated from the empowerment of industrial capital and the drive of technological innovation.
Against this backdrop, we have focused on the 'New Investment' theme for the first time this year and added a New Investment Expo. We aim to create a professional platform that focuses on investment and financing services in the new era. We welcome everyone to visit and inspect over the next two days, listen to the roadshow reports of startup teams, and pay attention to and support their innovative practices.
For this reason, we have specially invited professionals from various institutions including industry, academia, research, and investment to establish the Frost & Sullivan & LeadLeo Science and Technology Innovation Expert Committee. "Many hands make light work," and all stakeholders collaborate highly to provide integrated service solutions for enterprise development. We believe that by joining hands, each performing their part meticulously, we can carefully craft and long-term practice all-domain investment management, benefiting all stakeholders and contributing to the country's innovative development.
Acknowledgements
Finally, we would like to express our heartfelt gratitude to the co-sponsors of this conference: Titanium Media, Roadshow China, and Huajun Media Group, as well as our partners at the conference: Yunxing Medical and Silan Technology.
Thank you all!
