12 Quotes by Hong Liang

Since China moved on the currency last July, the economy has been charging along. China should feel comfortable and confident in driving through reforms. There has been no economic or financial turbulence.

Only adjusting the lending rate alone increases the banks' lending margin. Everything else being equal, it enhances banks incentive to lend.

I think we've passed an inflection point. We're seeing an end to the golden period of extremely low-cost labor in China. There are plenty of workers, but the supply of uneducated workers is shrinking.

January trade numbers appeared stronger than expected, in line with global growth momentum.

Last year, food price inflation was 38 percent and this year it's only 1.6 percent, so that's the one variable that has given the government a lot of room to liberalize prices.

Such an early and decisive policy adjustment will indeed strengthen the credibility of the central bank, and give investors more confidence.

We now have a new snapshot of the Chinese economy. This is not slightly bigger, it's a significantly bigger economy.

The acceleration of loan growth will add further fuel to the current growth momentum and we see upside risks to our growth and inflation forecasts this year. The economy is accelerating on all three cylinders.

We believe domestic demand will increasingly become a much more important driver for growth...in the coming years.