Quotable

"The real estate bubble has exploded."

Andy Xie, a renowned Chinese economist, commenting that the adjustment of the real estate industry is the beginning of the restructuring of China's economy.

"China has been our second-biggest market, with more than half of our sales coming from our SUV model, the Cayenne. We expect it to beat the US to be our No 1 market in 2014."

Helmut Broeker, chief executive officer of Porsche (China) Motors Ltd, saying that with the China will overtake the United States as the largest market for the German luxury car brand in 2014.

"In the past, we had to go to them with a proposition. But now they send high-ranking executives to us to talk about cooperation and licensing."

Li Dong, chief engineer and solution center manager of Aigo Digital Technology Co Ltd, saying that the victory by Aigo in a lawsuit against international electronics giant Toshiba over its USB Plus patent has changed the attitude of a number of foreign companies.