11 Total Quotes

Qu Hongbin Quotes

How Chinese exports perform is largely driven by external demand rather than the exchange rate,
Qu Hongbin
#Chinese

China has emphasized that they do not want to make the currency issue into a political issue, which means that China will continue to hold dialogue with trading partners to search for proper solutions, and the exchange rate is not necessarily the only means to do that,
Qu Hongbin
#China

The government should create more jobs in the manufacturing and service sectors as part of it ongoing campaign to reduce the country's rural population.
Qu Hongbin
#Government

Given the evidence of deteriorating investment efficiency, China needs to rebalance its growth by shifting away from investment toward consumption.
Qu Hongbin
#Efficiency

Given the evidence of deteriorating investment efficiency, China needs to rebalance its growth by shifting away from investment towards consumption.
Qu Hongbin
#Efficiency

But if you have a big trade surplus it will give Western politicians an excuse or tool for them to put pressure on the currency.
Qu Hongbin
#Politicians

We expect growth in fixed investment to slow from 27 percent last year to 15 percent in 2004 and around 10 percent in 2005,
Qu Hongbin
#Growth

There's only one conclusion: Continuing to bolster labor-intensive production and exports is the only viable means for China to absorb its surplus labor and improve rural living standards.
Qu Hongbin
#Labor

There are various hidden uncertainties if we look at the main growth engines. Exports depend on external factors and it will be a big question as to whether China's exports can be a single flower blossoming if the world economy slows next year.
Qu Hongbin
#Growth

We need to read this with caution, this is largely a reflection of the Chinese New Year distortion, therefore we should not see it as a pick up in inflation.
Qu Hongbin
#Caution

Simply because as a matter of fact China still has plenty of rural surplus laborers and people are talking about a magnitude of more than 200 million - so you know from national-wide point of view, there is plenty of labor supply there.
Qu Hongbin
#People