IDG: Investment return of China into investment paradise under the financial crisis is up to 80%

Xinhua Beijing, November 18, according to the Hong Kong "Wen Wei Po" reported that the United States International Data group IDG Chairman McGovern yesterday, said in Shenzhen, Shenzhen's High-tech investment annual return of up to 80% than in other parts of China, the return on investment is a full one, with the launch of the gem, for overseas investors, China will be the investor's paradise after the financial crisis.　　Shenzhen's High-tech investment in the annual return of up to 80%. It is reported that, as the world's largest information technology publishing, research, exhibition and Technology venture capital company, IDG2008 Annual global turnover of 3.2 billion U.S. dollars, currently in China's IT market, IDG joint ventures and cooperation published more than 40 kinds of publications, each year to hold 18 exhibitions and more than 60 meetings.　　As early as 1993, IDG set up the first foreign venture capital fund in China, the total amount of funds developed and managed in China is as high as $2.5 billion. In the context of the recession, McGovern says, it is a good opportunity for powerful and far-sighted investors to invest. Because at this time the enterprise mentality is normal, the price is not high, like Kingdee, Tencent and so on, he was in the 1997 Asian financial turmoil after the investment.　　He said that when the Chinese market is good, it is "The entrepreneur's paradise, the investor's Purgatory", but after the financial crisis, it has become an investor's paradise. IDG in the financial crisis after the investment focus on the media, online games, movies and other fields to meet the needs of consumers now.　　McGovern said the global economy is facing difficulties under the impact of the financial crisis, but China's GDP is expected to grow by 8% this year, and China is shifting from manufacturing to innovation-oriented power.　　For technical innovation, with research and development institutions, brands, patents in Shenzhen, where the average annual return on investment can reach 50% to 60%, or even 80%, than in other parts of China, the return on investment a full one times, with the launch of the gem, for overseas investors, China and Shenzhen market is emitting endless charm. He also said that the main purpose of this meeting is to discuss the investment intention with two Shenzhen enterprises, and will also inspect more Shenzhen enterprises.