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Zheng Jingping Quotes

«It is fundamentally normal but it is at the upper end of the potential growth range and we need to take note of it.»
«China has measures to limit the effects of rising crude oil prices.»
«National economic and social development is upbeat, marked by fast yet stable economic growth.»
«The increase in the first quarter is a bit fast but previous experience tells us the first quarter generally accounts for only a small portion of the whole-year's investment.»
«So there must be trade surplus in the processing trade.»
«The trade surplus in China may last for a period as China's advantage of low production cost still exists.»
«Simply resorting to currency appreciation cannot solve the problem. This has been illustrated by Japan's case.»
«Prominent problems include too quick growth in fixed-asset investments and bank loans, which the country will adopt measures to tackle to ensure a steady and relatively fast economic expansion.»
«Bank loans grew a bit faster in the first quarter, which has gained the attention of the State Council. Rapid expansion may boost the economy in the short term, but it will eventually lead to inflation and economic disorders and we should consider it seriously.»
«Prominent problems include a too prompt growth rate in fixed-asset investments and bank loans, which the country plans to adopt measures to tackle, as well as measures to ensure it keeps its steady economic growth.»

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