Global Release Summit of "The White Paper of China New Economy 2018" Defined 7 Features of China's New Economy

SHENZHEN, China, July 5, 2018 /PRNewswire/ -- The first China new economy qualitative and quantitative report, "The White Paper of China New Economy 2018", was released on June 30^th in Shenzhen, China, by Qheedata Co. Ltd, showing and defining the 7 major features of China's new economy to the world, and evaluating the new economic enterprises in China. At the global release summit, more than 800 people attended, including China's leading innovative entrepreneurs, active investment institutes, research experts, and industry leaders.

At the global release summit of "The White Paper of China New Economy 2018", the publisher- Qheedata Co. Ltd's co-founder and CEO, Li Xiaoqiang, made a systematic interpretation of the white paper. He said that the white paper made a quantitative, multi-dimensional analysis of the 20 major sectors and 270 segments of the new economy in China, including industry, investment and enterprises.

In an interview, Li Xiaoqiang said, "We systematically define the whole state of China's new economy in the White Paper, which offers decision-making solutions for macro policy, micro investment, and even business decisions."

Based on quantitative data, the white paper summarized and defined the seven features of China's new economy for the first time.

First, the China new economy creates a new Chinese lifestyle, accelerating consumption and creating a better life experience for people.

Second, the China new economy encourages new businesses, new economic innovations, and creating new business models and products.

Third, the China new economy shapes new investment trends. The China new economy has shaped Chinese characteristic investment trends for VC, PE, and M & A, which featured ecotype investment and government-guided funds .

Fourth, the China new economy promotes a new credit system; new technology greatly changes people's attitude towards credit and accelerates the improvement of the credit situation of the whole society.

Fifth, the China new economy brings new enterprise growth. Innovation-related policies coupled with the government's decentralization and the number of registrations of commercial entities continues to grow at a high rate each year.

Sixth, the China new economy stimulates unicorns. In China's new economy the unicorn growth rate is much higher than traditional enterprises, and the number of Chinese unicorns is comparable to the international level.

Seventh, the China new economy is globalizing. In China's new economy the enterprise operation present the characteristics of accelerating globalization and provide growth engine for the world.

"The release of such a white paper is on the hope that more global enterprises and investment institutes have a more comprehensive understanding on China's new economy," Wang Ray, the director of the white paper editing team, said.  "At the same time, it is just the beginning, and we are expecting more people to pay attention to China's new economy and put forward valuable views."

The global release summit also released the Top 50 investment institutes in China and 700 leading enterprises and unicorns. According to the organizers, the leading 700 is the epitome of China's new economy. On this basis, Qheedata Co. Ltd will gradually introduce the series of new economic AIEV index of the new economy so as to better reflect the development trend and state of China's new economy, and offer as a reference for policy-making and decision-making for investment market. "We will update the 'The White Paper of China New Economy' series every year and hold the annual global release summit. We can look forward to the continuous innovation of China," Qheedata Co. Ltd co-founder and CEO Li Xiaoqiang said.

After the release, the summit carried out a new economic round table forum. The forum covered new financial forums, such as new media forum, artificial intelligence forum, biotechnology and advanced medical treatment forum, blockchain forum and other hot economic fields. The forums gathered entrepreneurs of well-known enterprises, active investors, and industry experts. They shared their wisdom, views and witty words in their professional discussion about technological innovation, investment opportunities and future development trends.

The Summit of "The White Paper of China New Economy 2018" has been affirmed and praised by the attendees and participants. Zou Runrong, deputy director of the Dongguan city (in Guangdong, China) Science and Technology Development Research Center, said: "I am very surprised! It is inspiring. Qheedata AIEV intelligent real-time valuation system, white paper and leading enterprises 700 list can objectively give the enterprise evaluation from the third party, which is of great reference value for the investment institutes. It is also useful to the management of local government. Through this system, we can have a clear understanding and evaluation for the overall regional enterprises, the growth of the enterprises, the trend and future of the development, and whether the unicorns will appear. We are now being in cooperation talk with Qheedata Co. Ltd. With this quantitative valuation AIEV system, we plan to have a systematic and quantitative assessment of the enterprises in Dongguan region, and have a systematic understanding of Dongguan local economy."

Liang Kuo, general manager of Baifude Capital told reporters that he has learned a lot about advanced information and knowledge in the summit. As an investor, he saw the importance and power of Fintech applications at the conference. When finance and technology are integrated, financial services will not only be upgraded, but new products and new markets will appear also. The AIEV quantitative evaluation system undoubtedly provides the investment institutions with reference to the enterprise evaluation.

Huang Zhihu, a partner of Bitehonsam Capital Group, said that Qheedata Co. Ltd AIEV intelligent real-time valuation system provides a real-time solution for investors on enterprise valuation. In the traditional way of due diligence investigation, the investment company would cost lots of manpower and spend a long time to do enterprise valuation. The real-time valuation of AIEV provides a good reference for their investment. It can shorten the period of investigation and save a lot of time and cost. It is expected to be applied in the future work.

About Qheedata Co. Ltd

Qheedata AI Equity Valuation © (AIEV) is a financial data analysis system and software Fintech solution company, with headquarters located in Shenzhen, China, serving global clients worldwide. We innovate the world's first instant real-time online equity valuation model AIEV system. We provide professionals, investors, banks, investing banks, organizations, research institutes and governments with the most current financial data valuation on public and private companies and equity, to help them make a better decision on investment and risk control.

Qheedata Co Ltd.
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Web: www.qheedata.com 
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SOURCE Qheedata AI Equity Valuation