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New opportunities lie in 'new normal'

China's ongoing transition to a "new normal" featuring slower but better quality growth means new investment opportunities, in areas ranging from e-commerce to high-end manufacturing, attendees of the Boao Forum for Asia agreed. "Aggravated overcapacity would not be an issue if investment was channeled to sectors with capacity shortages," said Justin Yifu Lin, a former World Bank chief economist, in a recent article published by the forum. "Investing in industrial upgrading and technological innovation would be an entry route for businesses seeking opportunities in China," he said.