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"Challenges and competition can only make strong companies stronger," Wang said. XCMG converted the slump into an opportunity to review its weaknesses and come up with corresponding solutions.
"China accounted for approximately 30 percent of the cumulative growth in world GDP since 2010; absent this support, there is a very good chance that the world would have lapsed back into renewed global recession in the aftermath of the financial crisis," he said.
"China has been the second-largest life insurance market in the world, but market potential remains large as the population ages and spending on healthcare increases", Su added.
"China exports a large number of tourists every year, we need to get a bigger share ... I invite the Chinese people to visit Egypt and I'm sure they will love it," the official said.
"China is seeing a new wave of urbanization, with third- and fourth-tier cities beginning to emerge as sizeable urban clusters. With megacities arguably reaching their limits and gripes about quality of life rising, smaller cities have an opportunity to compete for talent and resources," said Wang Dan, China analyst at EIU.
来源：资阳报