Eric Xu leads GGV's China-focused yuan-denominated funds under the Jiyuan Capital brand and serves as a key steward of the firm's RMB strategy even after GGV's global split, maintaining long-term continuity in the Chinese market. He takes an operator-centric approach to evaluating retail and vending startups, prioritizing teams with deep supply chain and operations experience over short-term profitability or expansion speed, and explicitly views supply chain work as 70% of offline retail success. Eric Xu leads GGV's China-focused yuan-denominated funds under the Jiyuan Capital brand and serves as a key steward of the firm's RMB strategy even after GGV's global split, maintaining long-term continuity in the Chinese market. He takes an operator-centric approach to evaluating retail and vending startups, prioritizing teams with deep supply chain and operations experience over short-term profitability or expansion speed, and explicitly views supply chain work as 70% of offline retail success.