Fortune China and ZERO2IPO Research jointly launched the 2022 TOP 30 Most Influential Investors in China list. Duane Kuang, Founding Managing Partner of Qiming Venture Partners, was given this honor.
The list, representing the 30 most influential investors in China’s VC/PE industry, is selected based on criteria including the category of candidates’ institutions, fund management, candidates’ industry influence, as well as the amount, scale, returns, and market value of candidates’ portfolio.
Duane pointed out that the investment environment for innovations has experienced rapid changes in the past 20 years, which requires a deep understanding of eight new underlying logics — China’s new economy is taking a different innovation path from that of the United States; Chinese companies that can compete in an open environment have more long-term investment value; the growing community of technology natives in the changing demographic structure continues to bring innovation dividends; the new generation of entrepreneurs has a stronger capability of technological innovation; Chinese entrepreneurs are embracing new globalization paradigm under changing market environment and restructured supply chain; it is difficult to establish a company with user traffic model in a short period of time; entrepreneurs continue to undertake the mission of creating wealth in the era of common prosperity; ESG has become the common language for global entrepreneurs and innovators.
According to Fortune China, as ongoing COVID-19 pandemic and geopolitical conflicts have brought uncertainties in 2022, entrepreneurs and investors are facing great challenges. Meanwhile, new opportunities like China’s “dual carbon” goals, ESG, and Web 3.0 are emerging, meaning the price of high-quality assets may be at a low point right now.