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"Foreign investors are also gradually quitting labor-intensive industries and shifting to services and technology-intensive industries in China," he said.
"For any talk to be useful, one party needs to be keeping its words. If one side keeps chopping and changing all the time the talk would be pointless," the vice-minister was quoted by the Agence France-Presse as saying.
"Fiscal expansions and monetary contractions strengthen currencies," said Jason Furman, a professor at the Harvard Kennedy School and former chairman of the White House Council of Economic Advisers, adding America's currency has strengthened by an average of more than 7 percent against those of its trading partners since April.
"For example, although many Chinese agree with the concept of achieving global asset diversification on a conceptual level, they feel reluctant when they realize that investing in overseas assets can typically only generate a 6 to 8 percent return," he said.
"Having a secondary listing in Hong Kong can help grow these companies' investor bases, considering the Shanghai-Hong Kong Stock Connect mechanism," Liu said.
来源：资阳报