Consumption, healthcare and technology are three sector picks for investing in China, said CITIC Capital's top executive on Tuesday.
"For us, the top priority ... is still on consumption, because it's still growing at a higher rate than GDP growth," said Zhang Yichen, chairman and CEO at CITIC Capital, the flagship investment arm of Chinese state-owned conglomerate CITIC Group.Speaking to CNBC at theZhang said health care is also an important sector as the Chinese society is aging rapidly, so there's robust demand for good health-care services.
Another potential area for investment is technology services due to the potential decoupling with the U.S. in that area, Zhang said.
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