Quotable

It's just like what the smartphone does to our life. About 80 percent of features on a smartphone are no longer related to making phone calls. In the future, about 80 percent of the functions of a car will not be related to transportation."

Jack Ma, executive chairman of Alibaba Group Holding Ltd, which on July 6 unveiled an internet-enabled vehicle fitted with the YunOS operating system, part of its partnership with SAIC Motor Corp.

"Apparently, there is an increasing demand for solar products domestically, but we're still very prudent about expansion because we have to analyze the market and keep an eye on overcapacity."

Qian Jing, senior vice-president of JinkoSolar Holding Co Ltd, the world's largest solar panel producer in terms of shipments.

"Bank funding of fintech startups does not necessarily mean that they will flourish. In fact, the banks might well end up killing the innovation."

Emmanuel Daniel, chairman of The Asian Banker, a financial services industry intelligence provider, speaking on the sidelines of the China International Banking Convention 2016.

(China Daily Africa Weekly 07/08/2016 page24)