Wealthy shift focus to investment: Survey
By Lyu Chang | China Daily | Updated: 2013-10-10 07:21
China's top entrepreneurs, who have achieved extraordinary business success in the past decades, are moving away from their core businesses to become more involved in investment, a ranking of the wealthiest investors in the world's second-largest economy showed on Wednesday.
"It is a clear trend that many entrepreneurs are shifting from their traditional core industries looking for other investment opportunities," said Rupert Hoogewerf, chairman and the chief researcher of the Hurun Report, a luxury magazine publisher.
"They have changed their businesses, because China's economy is evolving," he said.
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