China’s latest government work report introduced a surprising new focus: nurturing fast-growing "gazelle companies" alongside unicorns 🦄. These agile startups—poised for rapid scaling—are part of a broader push to turbocharge innovation and economic resilience. "This signals confidence in homegrown tech talent," says Raymond Yeung, ANZ’s Chief Greater China Economist, in an exclusive chat with CGTN.
"Prioritizing high-tech SMEs and private infrastructure investment creates a multiplier effect," Yeung noted, highlighting how these policies could attract global capital and stabilize growth.
So, what’s a gazelle company? Think of them as speed-focused innovators in sectors like AI, green energy, or biotech—startups ready to sprint past hurdles. With over $100B+ pledged for tech hubs and roads-to-rail projects, China aims to blend public ambition with private-sector hustle. Could this strategy redefine Asia’s economic playbook? 🔍
For young entrepreneurs and investors eyeing Asia, there’s never been a better time to watch this space. 🚀
