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Changbaishan (CNS) ?C Private capital has abandoned scalper-style investments and formed conglomerates to invest in fixed assets and other emerging industries, Jiang Xipei, board chairman of the Far East Holding Group, said Wednesday at the China Private Economy Development Forum.
The real estate and stock markets have been private capital's main investment channels, an issue that has been addressed by the government.
Jiang said he hopes the government will analyze the investment circumstances and set more reasonable policies to guide and encourage the investment of private capital.
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