Quotable

"In general, China's current economic situation is stable and the growth rate is within the government's target set earlier this year."

Zhu Hongren, chief engineer at the Ministry of Industry and Information Technology, saying that China's GDP growth in the first half of this year could be higher than 7.5 percent, the official target for 2012.

"The EU should think carefully before taking measures against Chinese solar exports."

Shen Danyang, spokesman for the Ministry of Commerce, rejecting accusations the European Union made against two telecom giants, Huawei Technologies Co Ltd and ZTE Corp, of receiving government subsidies. He said the claims were groundless because the companies evolved through their own research and development in a competitive market.

"We are launching a new concept which has not been seen in the Chinese market."

Stephen Mackerel, CEO of Best Buy Mobile (Asia). The company announced its return to China with the introduction of Best Buy Mobile, a mobile devices retailing business.

(China Daily 06/29/2012 page14)