Sound bites

"How can you make them (managers born in the 1950s and 1960s) use cell phones and the Internet like people born after the 1990s? That's virtually impossible. Now the market is in the hands of people born after the 1980s, 1990s and 2000s. You have to let the young people take over the management of your company."

Liu Yonghao, a deputy to the National People's Congress and board chairman of the New Hope Group agribusiness company.

"Chinese sports are increasingly market-oriented. Many tournaments are placing great emphasis on the Asian and Chinese markets. Tournament organizers are hoping to select China as the host country. China is also capable of making each tournament a success."