Quotes of the day

"The recovery in real estate sales has been reasonable due to the money supply growth and the interest rate cut. But from a long-term perspective, it is still lower than the 20 to 30 percent growth rates seen some time ago. It is uncertain if the current real estate growth rates are sustainable."

Su Jian, an economics researcher at Peking University

"The concept that fast income growth of the workers will affect the development of enterprises and the country's economy is wrong. Higher income can expand consumption, drive economic growth and alleviate the pressure of the social security fund, which are tricky problems for China."