On November 16, 2022, the 2022 Autumn Forum, hosted by Yuanhe Chencun, was held in Suzhou. Attendees included Liu Chengwei, Chairman and President of Yuanhe Holdings; Huang Qifan, Researcher and former Mayor of Chongqing; Jia Kang, Founding Dean of the China Academy of New Supply Economics and a specially appointed expert in the National Committee of the Chinese People's Political Consultative Conference’s Talent Pool for Participation and Deliberation; Xu Qing, Managing Partner at Yuanhe Chencun; Chen Fei, Managing Partner at Eli Lilly Asia Fund Management; Hong Tianfeng, Co-founder and Managing Partner at Fangguang Capital; Wang Hang, Founding Partner at Housheng Investment; Yan Li, Founding Partner and CEO of Zhongding Capital; along with numerous partners from top-tier domestic investment firms—everyone gathered in Suzhou for this annual autumn gathering.

The report of the 20th National Congress of the Communist Party of China emphasized the need to firmly focus on developing the real economy, promoting a new model of industrialization, and accelerating the building of a manufacturing powerhouse, a quality-focused nation, a spacefaring power, a transportation leader, a cyber-strong nation, and a digitally advanced China. In his thematic presentation titled "Core Insights from the 20th Congress and Prospects for the Macroeconomic Outlook," Jia Kang, Founding Dean of the China New Supply Economics Research Institute and a specially appointed expert in the National Committee of the Chinese People's Political Consultative Conference’s Talent Pool for Participation and Consultation, explained that to transform China’s manufacturing sector from large-scale to world-class competitive strength, we must strive to move up from the middle position of the "smile curve" toward its upper ends—both left and right. This can be achieved by driving management innovation and technological breakthroughs through institutional reforms, thereby unlocking the vast untapped potential inherent in China’s remarkable "growth momentum." Only then can we genuinely support the high-quality, transformative development of the real economy by enhancing overall factor productivity.

Since 2006, Yuanhe Chencun has been actively involved in fund-of-funds investing, deeply engaging with and witnessing the evolution of China's RMB-denominated private equity investment market over the past 16 years—alongside the shifting industry dynamics and market cycles. During his sharing session, Xu Qing, Managing Partner at Yuanhe Chencun, emphasized that "riding the waves" means aligning with national strategies and market trends while maintaining a strong sense of proactive initiative. By doing so, investors can confidently navigate market fluctuations, take the lead in asset allocation, and ultimately weather even the most challenging cycles.

During the roundtable discussion, Xu Qing, Managing Partner at Yuanhe Chukun and moderator, joined forces with Chen Fei, Partner at Eli Lilly Asia Fund Management; Hong Tianfeng, Co-founder and Managing Partner at Fangguang Capital; Wang Hang, Founding Partner at Housheng Investment; and Yan Li, Founding Partner and CEO of Zhongding Capital—four distinguished guests—to explore the theme "A Broad Vision for Enduring Success," delving into recent market and industry shifts, personal insights, and forward-looking perspectives for the future.