Quotable

Cultivating a healthy market environment will help promote the enterprises' development. The best way to do that is through less government intervention."

Wu Xiabo, dean of the School of Management at Zhejiang University, said most of the enterprises in China, irrespective of their size and scale, are unhappy with the government's current role in the market.

We consider that vulnerabilities have risen to the point where containing them should be a priority. Therefore, additional stimulus should only be deployed if growth slows significantly below this year's target.

David Lipton, first deputy managing director of the International Monetary Fund, said containing financial risks and avoiding further stimulus measures should be the main priorities for policymakers in China.

Jointly owned homes will contain home price increases and help change Beijing's model of macro controls on the housing market.

Zhao Baogen, an analyst with Uwin Real Estate Research Center, said Shenzhen's plan to further test individual-government joint home ownership would alleviate pressure on the property market.

(China Daily Africa Weekly 06/13/2014 page18)