The stable price drop combined with the gradual decline in housing investments, is what the government wants to result from its macro-control,
More Quotes from Zheng Jingping:
We need to control the availability of credit.Zheng Jingping
It is fundamentally normal but it is at the upper end of the potential growth range and we need to take note of it.
Zheng Jingping
China imports about 40 of its oil so of course we are affected, especially the industries that are high consumers of oil or that process oil products.
Zheng Jingping
as long as we continue to earnestly implement the government's macroeconomic control policies and perform solidly in the fourth quarter, then the long-term targets we set earlier this year will be realized.
Zheng Jingping
The key of our policy lies in preventing the (real estate) prices from surging too fast, instead of bringing down the prices abruptly, which is not in line with the law of economy or interests of the government and ordinary people.
Zheng Jingping
The oil price increase surely will have impact on China's economy as 40 percent of oil consumed in the country is imported, ... especially on some sectors, like agricultural means of production, oil refinery and public transport. But the impact is limited.
Zheng Jingping
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Based on Topics: Government Quotes, Investment QuotesBased on Keywords: macro-control
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