This is a major favorable policy that will boost China’s attractiveness for investment and innovation. — Guo Shengxiang, dean of the Academy of APEC Creative Finance, explaining that China’s tax reform will be beneficial for the many market players as it will mean a lighter burden.
Innovation is the source of corporate profitability. — Yuan Liqun, vice- president of home appliance producer Midea Group and deputy to the National People’s Congress, China’s top legislature, commenting on the innovation-drive development.
Investment from high technology firms is welcome, but we will be more cautious about foreign investment in areas that are not enviroment friendly. — Bai Ming, a research fellow at the Chinese Academy of International Trade and Economic Cooperation, commenting on the Ministry of Commerce’s statement recently welcoming foreign capital.