“History has proven that any country or region overly reliant on real estate eventually pays a heavy price.”
Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, warning against the financialization of real estate in some Chinese cities, at the 11th Lujiazui Forum held in Shanghai from June 13 to 14
“The biggest key to the development of the Chinese economy is free entry, namely opening every trade and industry. It’s the heart of fair competition.”
Zhang Weiying, professor at the National School of Development, Peking University, during a recent interview with financial portal Caixin
“The Chinese government never participates in the purchases of domestic enterprise or exporting intellectual property... What the government wants is to build a good environment that respects knowledge and protects intellectual property.”
Wang Shouwen, vice-minister at China’s Ministry of Commerce, at a recent press conference where he said Chinese firms or individuals had filed 1.5 million IP applications in 2018, leading the world for the eighth consecutive year
“The real economy is slowing down year after year in every aspect, while finance and real estate develop very fast. The imbalanced industrial structure, or in other words, premature deindustrialization, has caused an array of problems, including an imbalance between the real and virtual economies.”
Huang Qunhui, director of the Institute of Economics, Chinese Academy of Social Sciences, at a recent forum at the Renmin University of China
“The worst result would be a broken global value chain with more terrible influence on the world economy than that caused by the 2008 financial crisis.”
Ju Jiandong, director of the Center for International Finance and Economics Research of Tsinghua University, at a recent seminar held in Tsinghua University on the China-US trade conflict
“I hope we uphold one country, two systems and Hong Kong maintain its unique society based on the capitalist system. If it changes, China will lose a dimension worthy of reference for the Chinese mainland.”
Hu Xijin, editor-in-chief of State-run newspaper Global Times, in his blog calling for young people to refrain from political extremes regarding China’s one country, two systems policy
“The increasing integration of different scientific disciplines is all based on natural science.” Chen Zhiwen, general editor of education portal eol.cn, calling for more attention to the development of university science departments in an article for Caixin
“If we fall back into the sloganing of ‘support domestic goods and boycott foreign goods’ and narrow issues to a sense of nationalism, as Ren Zhengfei [CEO of Huawei] put it [during an interview with China Central Television], this would be detrimental to the country.
Hong Kong author Leung Man-tao warning against rising nationalism among Chinese people amid the China-US trade conflict while hosting a social commentary TV program