The mainland's health care, financial services and environment protection-related businesses are the three major sectors that former American International Group chairman Maurice Greenberg would like to invest in through his own private equity firm.
The 81-year-old insurance veteran told the South China Morning Post that he would like to invest in the emerging markets of the mainland, India, Russia, Brazil and the United States.
He says he believes the mainland will bypass Germany this year to become the third-largest economy in the world, and will ultimately become the world's No1 economy, surpassing the US and Japan.
'China is going to be either the No1 or No2 economy worldwide in 20 years time. In fact, I believe it is more likely that China will be No1 rather than No2 in the world when I talk to you again in 2027,' Mr Greenberg said.
He plans to invest in a number of projects in the mainland through his privately run equity fund company CV Starr.
'I am looking at a number of health care-related projects in China because China is undergoing a major reform process in its medical and health-care system. This will pave the way for a lot of growth opportunities in this area,' Mr Greenberg said.