愉悦资本刘二海：中国企业引领的新全球化，正在快速展开

Core Viewpoint - The importance of societal tolerance for failure is emphasized in the investment industry, particularly in the context of China's unique industrial development path compared to the United States [1] Group 1: Investment Industry Insights - Liu Erhai, founder and managing partner of Joy Capital, highlights that investment in China requires an increased focus on industrial dimensions, as well as considerations of geopolitical and regulatory factors [1] - The new globalization led by Chinese enterprises is rapidly unfolding, indicating a shift in global economic dynamics [1]