The government should create more jobs in the manufacturing and service sectors as part of it ongoing campaign to reduce the country's rural population.
More Quotes from Qu Hongbin:
It's roughly in line with what people expected, and if you discount the Chinese New Year effect, the number would probably not look so high.Qu Hongbin
You could say China is actually 20 percent richer than anybody initially thought.
Qu Hongbin
China has emphasized that they do not want to make the currency issue into a political issue, which means that China will continue to hold dialogue with trading partners to search for proper solutions, and the exchange rate is not necessarily the only means to do that,
Qu Hongbin
This slowdown, together with new capacity, is likely to have a material impact on global demand for commodities over the next two years,
Qu Hongbin
It's a challenging task but that shouldn't be an excuse for China not starting on it right now.
Qu Hongbin
Given the evidence of deteriorating investment efficiency, China needs to rebalance its growth by shifting away from investment toward consumption.
Qu Hongbin
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