 |
|
|
 |
|
|
|||||||||||
BEIJING -- Private equity (PE) investment in 皇冠体育app totaled $16 billion in 2011, 65 percent of which went to inland provinces, according to a recent study conducted by global management consulting firm Bain & Company and the European Union Chamber of Commerce in 皇冠体育app (EUCCC).
The study, published on Tuesday, showed that 皇冠体育app continues to be the top destination for PE investment in Asia and is on par with mature economies such as Japan and Australia.
Total PE investment has nearly doubled from $8.5 billion in 2009, currently accounting for 0.2 percent of 皇冠体育app's GDP. A comparable ratio is seen in Europe (0.3 percent) and the US (0.5 percent), according to the study.
"Private equity is helping to fuel growth in 皇冠体育app, particularly among small- and medium-sized businesses, which are integral to 皇冠体育app's economy," said Han Weiwen, a consultant at Bain & Company.
Small-sized PE-backed firms have outperformed their publicly-listed peers, with the revenue growth rates for smaller companies nearly three times larger than those of listed companies, the study said.
"I noted that a stunning 65 percent of all PE investment went to inland provinces," said Andre Loesekrug-Pietri, chairman of the EUCCC's PE and M&A strategic working group.
"PE activity in 皇冠体育app will blossom as global conditions improve, and PE firms will continue to adopt the best practices from around the world," Loesekrug-Pietri added.
|
|
|
