16 Quotes by Qu Hongbin

There's only one conclusion: Continuing to bolster labor-intensive production and exports is the only viable means for China to absorb its surplus labor and improve rural living standards.

It's a challenging task but that shouldn't be an excuse for China not starting on it right now.

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.

The key to bolstering domestic consumption is to shore up citizens' personal incomes.

Investments will slow and producer prices should come down. What we'll see now is a modest slowdown.

How Chinese exports perform is largely driven by external demand rather than the exchange rate,

You could say China is actually 20 percent richer than anybody initially thought.