Big role for private investment

Precious business opportunities exist alongside challenges, expert says

China's private capital will play a major role in the country's fixed-asset investment over the next eight years, reaching 80 percent among the total figure, a researcher with a government think tank said.

"From 2013 to 2020, China's annual investment growth rate will be around 18 percent, which cannot be completed without private investors," Bao Yujun, president of the China Private Enterprises Research Association, said on Saturday during the private sector roundtable of the Boao Forum for Asia Annual Conference, held in Hainan province.