Growth of middle-income group globally offers new opportunities in services sector

Fosun Group, China's largest private conglomerate, will speed up its investment in the health and tourism fields this year and also focus on investment opportunities in developing markets, Chairman and co-founder Guo Guangchang said at a Reuters Newsmaker event on Tuesday.

"With the rise of the Chinese middle class, services such as insurance, finance, healthcare and education have huge development potential," said Guo, known as the Warren Buffett of China.