China’s recent push to regulate the country’s fastest-growing sectors begs the question of whether the market is still investable. No industry may seem safe from Beijing’s reach. Even finding reliable data could get that much harder. But that looks too pessimistic.

Sectors crucial to Beijing’s long-term industrial policy still offer growth potential. It also helps if the owners of these companies keep low profiles.

Beijing has two important long-term targets. Its “Made in China 2025” blueprint, which aims to advance local technology and manufacturing capabilities, and its goal of achieving carbon neutrality by 2060. Both initiatives overlap in supporting makers of renewable energy products, electric cars and batteries, shipbuilders, and chipmakers. Of these, renewable energy stocks and electric car makers offer plenty of momentum.