Goldman Sachs Asia Pacific CEO: Huge Investment Opportunities in Chinese Technology, Suggests Optimizing Capital Matching and Exit Mechanisms.

At the 2026 Lujiazui Forum General Assembly, Kevin D. SNEADER, President of Goldman Sachs Asia-Pacific, stated that China's technological innovation has reached a turning point, and AI technology is expected to contribute 8% to China's labor productivity within the next decade. He pointed out that China's absolute investment in AI-related fields is approximately 10% of that of the United States, with significant room for growth. There is a capital gap concentrated in the early and growth stages, and there is an urgent need to establish a market-driven early-stage financing system, introducing "patient capital" and strengthening corporate governance. SNEADER suggested that at the policy level, regulatory guidelines should be further clarified to improve the efficiency and predictability of mid-stage financing approvals; meanwhile, exit channels for institutional investors should be expanded to accelerate capital circulation.