Quotable

"The closed residential communities have not adapted to urbanization across the country, and the new age is pushing us to do urban planning with new concepts."

Cheng Xinwen, chief judge of the Supreme People's Court civil tribunal. The court responded on Feb 23 to a new urban planning guideline from the central government saying that roads in new residential communities should be open to the public rather than reserved for private use.

"Employment is increasing rather than decreasing, and a massive wave of entrepreneurship and innovation is sweeping the nation. These factors could offset the pressure brought by the slowing economy."

Zhang Mao, head of State Administration for Industry and Commerce, after it was reported that an average of 12,000 companies were registered a day in China last year.

"Chinese money, in terms of the country's GDP or its government reserves, is only a tiny portion of the wealth in North America and Europe. China simply cannot buy up the world."

Alistair Michie, who works for strategic consultancy NICG and has been an adviser to the China State Administration for Foreign Experts Affairs.

(China Daily European Weekly 02/26/2016 page2)