Quotable

"There is a direct relationship between the housing market and the car market. If housing prices rise, people feel safe and spend freely. So, the car market will expand with a booming housing market."

Li Xiang, founder of Autohome Inc, an online platform for Chinese automobile consumers

"The government should cultivate the financial system of startups, with its venture capital guiding fund and private angel investment funds."

Zuo Xiaolei, chief economist of China Galaxy Securities, Beijing

(China Daily European Weekly 07/17/2015 page18)