Quotable

A perfect financial market law system is one of the necessary conditions for the sustainable and healthy development of the financial sector. However, promoting the building of a legal system for the banking sector will not be smooth, and will not happen overnight."

Lian Ping, chief economist at the Bank of Communications

"The government should cultivate the financial system of startups, with its venture capital guiding fund and private angel investment funds. It may be the most basic, effective and necessary development strategy to promote public entrepreneurship."

Zuo Xiaolei, chief economist of China Galaxy Securities, Beijing

"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

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