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Quotable quotes from the 2023 Boao Forum

chinadaily.com.cn

Updated: 2023-03-30 06:40

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Zhang Yuyan, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences

Zhang Yuyan delivers a speech at the Boao Forum for Asia Annual Conference. [Photo/VCG]

We analyzed 50 economies in Asia, and are more optimistic about the continent.

China started its latest reserve requirement cut (on March 27), releasing 500 to 530 billion yuan ($72.57 to 76.93 billion) into the banking system, which is a very positive sign for China's economic growth and for Asia as a whole.

We are optimistic about Asia's development this year, but we must also guard against uncertainties, risks and challenges.

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