“The People’s Bank of China (PBoC) might be the first central bank in the world to launch a digital currency.”
Huang Qifan, deputy director-general of the China Center for International Economic Exchange, at the first Bund Summit, a financial forum held in Shanghai, adding that the PBoC has researched digital currencies for more than five years and understands them well
“China will keep opening its financial industry, including providing a fairer competition environment by canceling restrictions on the foreign investment ratio for foreign-funded financial organizations.”
Yi Gang, president of the People’s Bank of China at the 40th International Monetary and Financial Committee meeting held in Washington, DC from October 18 to 19
“Despite the declining poverty rate nationwide, more people are feeling poor. The reason lies in the growing difficulty of social mobility.”
Xiong Yihan, professor and deputy dean of the School of International Relations and Public Affairs, Fudan University, writing for financial portal Caixin
“[To rebalance the China-US relationship at higher levels], China needs to deepen reforms and expand its opening-up based on its modernization goals. The US should recognize the trends of the times and have a more rational understanding [of China].”
Lu Feng, a professor at the National School of Development, Peking University, at a recent forum on the new possible ways forward for the China-US trade relationship hosted by Lu’s school and New York University Shanghai
“The fading of the demographic dividend does not refer to a turning point, but indicates a redistribution of labor between different industrial sectors. We have to and should guide labor to more efficient sectors, such as higher-end manufacturing and modern service industries, to form a new demographic dividend.”
He Fan, a professor at Antai Economics-Management College, Shanghai Jiao Tong University, pointing out on his Caixin blog that the demographic dividend is always an issue of labor division
“There are far more people and speech spreading hatred among Hong Kong’s youth than those spreading love and conscience... We must protect the next generation, and protect them from hatred.”
Former Hong Kong Chief Executive Leung Chun-ying writing in an essay analyzing the reasons behind the violent protests in his city, reposted by the Central Committee of the Communist Youth League on its Weibo account
“We should neither blindly encourage investment nor inhibit it to cut overcapacity. Instead, we should conduct institutional and structural reforms based on competitive and ownership neutrality.”
Tian Guoqiang, dean of the School of Economics and the Institute for Advanced Research, Shanghai University of Finance and Economics, at a recent forum on industrial growth hosted by the Institute of Urban Development, Nanjing Audit University
“Workplace discrimination against pregnant women shows that the problem isn’t whether to encourage families to have more children, but how to go about it. It is the long-term lack of support [for pregnant women] that has led to extensive discrimination. ”
Zhou Wei, a law professor at Sichuan University, commenting to Caixin about reports of a 41-year-old woman being fired from a property management company in Guangzhou because she was pregnant
“I hope the people of both countries fully realize that the importance of China-Japan relations will not change with some people’s likes or dislikes.”
Cheng Yonghua, former Chinese ambassador to Japan, speaking to NewsChina
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