Hong Liang
Hong Liang
access announced concrete continue domestic ease easier exchange foreign holding measures
Between now and May, we'll continue to see concrete measures being announced to ease restrictions on holding foreign exchange, easier access to foreign exchange by domestic firms and even by residents.
conditions expect financial second
We expect financial conditions to tighten in the second quarter.
bigger chinese slightly snapshot
We now have a new snapshot of the Chinese economy. This is not slightly bigger, it's a significantly bigger economy.
add current economy forecasts fuel further growth inflation loan momentum risks three upside
The acceleration of loan growth will add further fuel to the current growth momentum and we see upside risks to our growth and inflation forecasts this year. The economy is accelerating on all three cylinders.
china confident currency driving economic economy financial last moved since
Since China moved on the currency last July, the economy has been charging along. China should feel comfortable and confident in driving through reforms. There has been no economic or financial turbulence.
adjusting alone banks enhances incentive increases lending rate
Only adjusting the lending rate alone increases the banks' lending margin. Everything else being equal, it enhances banks incentive to lend.
believe coming demand domestic driver
We believe domestic demand will increasingly become a much more important driver for growth...in the coming years.
extremely golden labor passed period plenty seeing supply uneducated workers
I think we've passed an inflection point. We're seeing an end to the golden period of extremely low-cost labor in China. There are plenty of workers, but the supply of uneducated workers is shrinking.
appeared global growth january line numbers stronger trade
January trade numbers appeared stronger than expected, in line with global growth momentum.
food given government inflation last percent price room variable year
Last year, food price inflation was 38 percent and this year it's only 1.6 percent, so that's the one variable that has given the government a lot of room to liberalize prices.
adjustment central decisive early indeed investors policy strengthen
Such an early and decisive policy adjustment will indeed strengthen the credibility of the central bank, and give investors more confidence.
growth market stronger
This is much stronger growth than the market expected.