Part 10/13:

Utilities, especially those with state ownership like gas and power companies, are considered safer bets due to their highly regulated pricing and limited exposure to policy shocks. For example, China Gas is highlighted as a stable investment choice within this sector. These industries tend to operate under strict government oversight, limiting unforeseen regulatory changes.

Strategic Sectors for Long-term Growth

The Chinese government heavily promotes sectors aligned with its long-term strategic objectives. Notably:

• Technological Self-Reliance: Emphasizing the development of semiconductor industries and other high-tech sectors to achieve technological independence.