The Chinese economy will benefit from the reduction of overcapacity in the long run, although short-term pressure remains. The firms are capable of handling the downside risk. We do have some loss-making companies that no longer fit with economic development, so further structural adjustment is needed.
去产能肯定对经济长远发展有好处,短期也有压力,但企业也能处理好。一些亏损企业,不适合未来经济发展需要的企业,要在结构上做一些调整。
Fu Yuning, member of the CPPCC National Committee and chairman of China Resources Holding Co
——全国政协委员、华润集团董事长傅育宁
The risk in China's property market is a regional problem. There is no destocking pressure in the first and second-tier cities, but such problems do exist in smaller cities. Lowering the down payment and using financial leverage to encourage property purchases can serve as a way to "quench the thirst with poison" - it can only solve short-term problems.
楼市风险属于区域性问题。一二线城市库存情况一点都不严重,房地产去库存在小城市。我特别反对仅仅为了鼓励购房,而采取比如低首付和场外配资等饮鸩止渴的办法——这种只会解决短期问题。
Li Daokui, member of the CPPCC National Committee and economics professor at Tsinghua University
——全国政协委员、清华大学经济学教授李稻葵
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