On July 10, Chinese Venture grandly released its 2023-2024 annual list of China's industrial investments. Leveraging its deep accumulation and forward-looking layout in the consumer industry, Harvest Capital won the title of "Best Investment Institution in China's New Consumption Sector" on the 2023-2024 Chinese Venture List.

The 2024 (10th) China Industrial Investment Summit, hosted by Chinese Venture Media and Chinese Venture Fund of Funds Research Institute, and co-organized by Chinese Venture Finance and Chinese Venture Consulting, was themed "Through the Narrow Gate." The summit profoundly analyzed the trends and opportunities of the new quality development of China's industrial investment.

Currently, the Chinese consumer market is in a transitional period from the third consumption era to the fourth consumption era. In the future, China needs to complete the transformation from a production-oriented society to a consumption-oriented society. The consumer sector is the stabilizer and ballast stone of China's economy, an essential path for China to emerge from the middle-income trap and move toward high-quality modernization in the Chinese style. We have long been optimistic about the Chinese consumer market.

Mr. Song Xiangqian, Chairman and Founding Partner of Harvest Capital, recently stated in an interview with TMTPost:

"We believe that under the circumstances of releasing the dividends of China's economic system, the improvement in production efficiency and potential growth rate, as well as the release of potential growth capacity, is astonishing.

As participants in economic construction, we will continue to promote this progress. The best work for entrepreneurs or investors is to actively participate in society and live positively. Ensuring excellent business operations, solving more employment, paying more taxes, promoting industry progress, reforming industrial foundations, developing new quality productivity—starting from our own ego and id, from our own enterprises and industries, to achieve genuine high-quality growth and to renew and shine new quality productivity.

We maintain a long-term optimistic attitude, have a positive outlook on the Chinese economy, and have a positive outlook on Chinese consumption. We consider ourselves an effective variable in economic activities."

Harvest Capital will also continue to be committed to empowering enterprises to comprehensively improve their management capabilities and efficiency through deep industrial understanding and operational management capabilities, achieving value escape.