Gao Neng Liang
高能量
"Gao Neng Liang" (高能量) is a Chinese podcast co-produced by FreeS Capital (峰瑞资本) and Li Xiang (李翔), editor-in-chief of Dedao App and curator of the *Xiangtan* book series . The podcast features in-depth conversations between Li Xiang and FreeS founder Li Feng (李丰, nicknamed "Uncle Feng") on macroeconomics, technology, and business trends. FreeS Capital has been involved in the podcast's production since at least late 2022, with episodes covering topics from dollar hegemony and globalization to gaming economics and AI . Selected episodes are also published as text columns on FreeS Capital's WeChat account.
AI-generated — may contain errors, please verify.
Coverage
2026 Outlook: Finding the Wealth Code at the Inflection Point | Macro Musings
The "Macro Musings" column is now live.
Venture Capital Lens on the Two Sessions: Six Core Topics and Policy Roundup | FreeS Research --- Every March, China's "Two Sessions" — the annual meetings of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) — draw widespread attention. For investors and entrepreneurs, the government work report and policy signals released during this period serve as a critical compass for the year ahead. In this article, the FreeS Research team examines the 2024 Two Sessions through a venture capital lens, identifying six core topics most relevant to the tech and startup ecosystem: **AI and digital economy, hard tech and advanced manufacturing, new energy and carbon neutrality, biotech and healthcare, consumption and domestic circulation,** and **capital markets and fundraising environment.** We also map out the specific policy measures and investment implications for each. --- ## 1. AI and the Digital Economy: From "Development" to "Application" AI was elevated to a new level of urgency at this year's Two Sessions. The government work report explicitly called for **"deepening R&D and application of AI"** and **"launching the 'AI+' initiative"** — a notable shift from previous years' emphasis on "development" and
Hoping this can offer a fresh perspective and some food for thought.
FreeS Fund's 2024 Year in Review: Going Further Together, Doing What's Right Rather Than What's Easy
Thank you to every friend who has journeyed alongside FreeS Fund.
Why Is Going Global Still a Must, Even as Globalization Slows? | Li Feng Column
The Rise, Fall, and Future of Globalization
Li Xiang x Li Feng: Behind the "May Day" Travel Data — The Long-Term Trends Easy to Overlook | Li Feng Column
Try looking at it from a different angle.
Li Xiang x Li Feng: Key Timelines and Events Worth Watching in 2024 | Li Feng Column
Why is the period after the Two Sessions such an important inflection point?
Li Xiang × Li Feng: In Waves of Technological Change, Why Is Gaming Usually the First to Make Money? | Li Feng Column
From a Brief History of Gaming to New Online Game Regulations: Finding Innovation Opportunities in the Industry
Li Xiang x Li Feng: Stripping Away the Emotion, Let's Talk About Economic Variables for the Second Half of 2023 | Li Feng Column
A Conversation About the First and Second Halves of 2023
Every Brain Is a Unique Little Universe | FreeS Fund's World Autism Awareness Day Special
May every life be treated with gentleness.
Sharing 20 industry research reports and 1 podcast episode to kickstart your work.
What happened in the past? What changes lie ahead?
Li Xiang x Li Feng: The Dollar's "Monopolistic Success" and "Gradual Dilemma" | Li Feng Column
Can the U.S. Actually Bring Manufacturing Back?
