China imports about 40% of its oil so of course we are affected, especially the industries that are high consumers of oil or that process oil products.

So there must be trade surplus in the processing trade.

China’s overall crude oil consumption is about 8% or 9% of world consumption and per capita consumption is a little less. So we are affected (by high prices) but the degree that we are affected...

The increase in the first quarter is a bit fast but previous experience tells us the first quarter generally accounts for only a small portion of the whole-year’s investment.

It should arouse concern, and actually has aroused our attention.

The nation’s economy has continued to develop towards the target of macro-regulation as a good momentum of steady and rapid growth is maintained.

There is no doubt that if the two countries do not get along it will affect the economic and trade relationship between them,

The current oil price couldn’t represents the relations between supply and demand, … speculation has played a more important role in the increase of oil prices.

Prominent problems include a too prompt growth rate in fixed-asset investments and bank loans, which the country plans to adopt measures to tackle, as well as measures to ensure it keeps its steady economic growth.

We should pay attention to control of bank credit offerings and strengthen guidance for commercial banks.

This is a characteristic that the United States, Japan and European Union countries do not have.

National economic and social development is upbeat, marked by fast yet stable economic growth.

It is fundamentally normal but it is at the upper end of the potential growth range and we need to take note of it.

China’s high rate of bank savings, investment, robust market demand and abundant labor forces guarantee the rapid growth of the Chinese economy.

China has measures to limit the effects of rising crude oil prices.

There are prominent problems that call for our attention, such as rapid growth of investment in fixed assets and of bank loans.

The trade surplus in China may last for a period as China’s advantage of low production cost still exists.

Everyone knows that during the 1970s the Japanese yen traded at 380 yen to the dollar and then appreciated to 110 yen per dollar. But Japan has all along enjoyed a trade surplus with the...

A modest slowdown, if conducive to the long-term, stable development, is very good.

The key of our policy lies in preventing the (real estate) prices from surging too fast, instead of bringing down the prices abruptly, which is not in line with the law of economy or interests...

The economy should grow by about 9% or more, giving next year a good start.

The oil price increase surely will have impact on China’s economy as 40 percent of oil consumed in the country is imported, … especially on some sectors, like agricultural means of production, oil refinery and...

Prominent problems include too quick growth in fixed-asset investments and bank loans, which the country will adopt measures to tackle to ensure a steady and relatively fast economic expansion.

We should see the slowdown in price increases as positive,

Bank loans grew a bit faster in the first quarter, which has gained the attention of the State Council. Rapid expansion may boost the economy in the short term, but it will eventually lead to...

as long as we continue to earnestly implement the government’s macroeconomic control policies and perform solidly in the fourth quarter, then the long-term targets we set earlier this year will be realized.

We need to control the availability of credit.

Simply resorting to currency appreciation cannot solve the problem. This has been illustrated by Japan’s case.

Trade problems cannot be solved simply by letting the exchange rate rise or fall.

We need to attach importance to the sustainability of economic growth. We also need a better use of resources and to protect the environment.

Frankly, I don’t think this coincidence will happen again.

The stable price drop combined with the gradual decline in housing investments, is what the government wants to result from its macro-control,