Quotable

The restriction reflects a battle between the Chinese and US high-tech industries. Although US suppliers could ask for permission to sell products to ZTE, the US authorities will definitely deny such a request."

Zhu Jinsong, an analyst at Haitong Securities Co Ltd, Shanghai, on the restriction when ZTE Corp is in talks with the US government over the telecom equipment manufacturer's alleged violations of a US trade restriction.

"New gadgets such as drones and interconnected smart home devices are set to create exciting demand, just as smartphones did a few years ago."

Frank Meng, chairman of Qualcomm China, which says it will step up its investments as China enters the age of the Internet of Things.

"Supply-side reform has been visible in agriculture. Both the authorities and market players have been adjusting output and capacity goals for a wide range of farm produce."

A Ministry of Agriculture statement issued after Premier Li Keqiang announced the government will increase efforts to develop and expand use of new farm technologies and machinery.

(China Daily European Weekly 03/18/2016 page24)