(Economic Observation) Chief Look 2021: Which Industries Are "Money Scenes" Bright?
Beijing, January 3 (China News Service) -- Where should the funds be invested? At the beginning of each year, for the government, enterprises or ordinary people, in order to achieve various goals such as social and people's livelihood, strategic development, value preservation and appreciation in the new year, they must face the above problems. In an interview with China News Agency, a number of chief experts gave their judgments on the industry's "money scene", and they can also explore which industries will be more "gold-sucking" in the future.
"For the Chinese economy in 2021, my personal feeling is that it will enter the new economy Jugra cycle, the so-called Jugra cycle is a new round of social investment cycle, which will last at least 10 years." Lu Political Commissar, chief economist of Industrial Bank, said bluntly that the new economy mainly refers to the new momentum that the epidemic has greatly stimulated the digitization and greening of the economy.
He further said that from a digital point of view, 5G, big data, artificial intelligence and other industries have been widely used in real life due to the epidemic, making all parties believe that it is necessary to accelerate the development of contactless economy and e-government, which will bring a lot of investment in software and hardware and new infrastructure. From a greening perspective, Chinese officials will coordinate and promote carbon peaking and carbon neutral action plans, which means that a lot of green investment is needed.
"One area we're very bullish on is renewables." Xiong Yi, chief economist of Deutsche Bank China, pointed out that global climate cooperation will be further strengthened in 2021, and China has also raised its commitments and targets for climate change. At present, the entire renewable energy, especially photovoltaic and wind power, has developed into an era of parity, which means that future renewable energy projects do not need continuous government subsidies for blood transfusions to achieve their own profitability.
Xiong Yi also said that with the recovery of demand, especially the recovery of auto market demand, the manufacturing boom driven by market demand will continue in 2021, because this demand is a healthy release of consumption potential, rather than relying on short-term demand brought by government subsidies or stimulus policies. "In 2021, we are likely to see a very booming situation in which both manufacturing profits and investment are rising at the same time."
Li Jin, chief researcher of the China Enterprise Research Institute, believes that there are more opportunities for emerging industries and emerging consumption in economic development this year. For example, the environmental protection industry, new energy vehicles, emerging service industries, equipment manufacturing industry digital transformation and transformation.
Kang Yong, Chief Economist of KPMG China, pointed out that among the opportunities for economic development in 2021, it is more optimistic about the continued investment growth of the technology industry. "Because during the epidemic, we have seen that the technology industry and the digital economy have played a very important role in preventing and controlling the epidemic and driving the economy, so the continuous digitization process of the entire economy will be further accelerated."
For individual investors, Wang Hanfeng, managing director and chief strategist of CICC, reminded that compared with last year's relaxed policy environment, this year with the recovery of growth, the policy will be adjusted, in this context, 2021 stock index can not have too high expectations, but some structural opportunities in the market can still be expected, such as independent technology, digital transformation, green energy development and other related sectors.
Yang Chang, head of the policy group and chief analyst of the Zhongtai Securities Policy Research Institute, said that the main variables of the overseas economy this year are the trend of the epidemic and the vaccination progress and effect of major economies in Europe and the United States, if the overseas economy is gradually repaired, then the markets including rmb, commodities, precious metals, stocks and other markets will face the possibility of a new choice of a direction.
Su Peike, chief researcher of the Institute of Public Policy of the University of International Business and Economics, said that when doing personal asset allocation, the future focus can be placed on the equity field, especially the secondary market, and ordinary investors can participate in it through professional funds or institutions. In the past two years, China's capital market has seen a momentum of accelerated reform, such as the implementation of the registration system, the implementation of the strictest delisting system, etc., the quality of listed companies will be higher and higher in the future, and the selection of stocks should be laid out around companies with core assets in China. (End)
Source: China News Network