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What does the buyout era mean in the economy?
It refers to the era of buyout in economics.

It shows that China is now in the era of mergers and acquisitions.

"M&A era":

In 20 15, the total amount of M&A transactions that China enterprises participated in reached US$ 806.02 billion, up 78.3% year-on-year. M&A has become a shortcut and trend for enterprises to go global, and more and more enterprises have joined in. 20 15 the M&A boom continues to heat up, driven by the skyrocketing stock market, industry integration and the restructuring of state-owned enterprises. With the deepening of reform and innovation, capital chasing industries with sustained high growth potential, such as biomedicine, mobile internet and other fields, has accounted for a relatively high proportion in recent years, and will focus on emerging industries that meet the policy orientation of the 13 th Five-Year Plan in the future. The gradual development of the New Third Board provides a very favorable investment environment for domestic M&A funds, which will surely push the investment in M&A to a new climax.