32 Quotes by Zheng Jingping
- Author Zheng Jingping
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There is no doubt that if the two countries do not get along it will affect the economic and trade relationship between them,
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- Author Zheng Jingping
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Simply resorting to currency appreciation cannot solve the problem. This has been illustrated by Japan's case.
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China's overall crude oil consumption is about 8% or 9% of world consumption and per capita consumption is a little less. So we are affected (by high prices) but the degree that we are affected is limited.
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- Author Zheng Jingping
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China's high rate of bank savings, investment, robust market demand and abundant labor forces guarantee the rapid growth of the Chinese economy.
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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.
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China has measures to limit the effects of rising crude oil prices.
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Frankly, I don't think this coincidence will happen again.
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It is fundamentally normal but it is at the upper end of the potential growth range and we need to take note of it.
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- Author Zheng Jingping
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National economic and social development is upbeat, marked by fast yet stable economic growth.
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