Quotable

Allowing private investors to participate in state-owned banks' reform is more urgent than setting up private banks. Otherwise, the dominance of state-owned banks cannot be broken and private banks will find it hard to expand."

Tan Haojun, financial commentator

"Globally, a city that is more competitive does not necessarily have top companies, but it does have better public services and lower living costs. Those factors will be the core competitiveness of China's cities in the future."

Li Yujia, a researcher at the Shenzhen Property Research Center

"Entrepreneurship is not a substitute for a job; rather, it is an engine of economic development. In the Internet Plus era, the threshold for becoming a successful entrepreneur is rising, and it's crucial to have a clear picture of the overall economic situation and the relevant industries."

Ye Tan, financial commentator

(China Daily European Weekly 06/26/2015 page18)