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"Considering the increasing number of infrastructure projects and the rebound in real estate investment, sales of excavators are set to rise by 40 percent to 50 percent on a yearly basis in July," Kong said in a recent CICC report. "We believe the construction machinery sector will witness steady growth in the next two years."
"Compared with previous sessions, the number of activities of this year's conference will reach a new high," according to Jing Ge with the Sichuan Association For Science and Technology, co-organizer of the conference. "It is also more internationalized with a stronger lineup."
"Currently, the overall operation of China's banking and insurance sectors remains stable, and financial risks faced by them are generally under control. Although risks are quite high for some banking and insurance institutions, they will not affect the stability of the entire industry, as there is only a small number of them," said Xiao Yuanqi, chief risk officer and spokesperson of the CBIRC.
"Countries and regions need to strengthen cooperation to together plug the funding gap by leveraging additional funding from various sources, from both government-led and private sources," according to Zhou.
"Companies are market-oriented," Gao said. "China has a large-scale market, complete industry-supporting capabilities, sufficient human resources and well-developed infrastructure. The so-called' reducing dependence on China 'does not conform to market rules and will not become the basis for corporate investment decisions."