皇冠体育app

The 19th CPC National Congress introduced Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, for 皇冠体育app's long-term development. How do you think it will guide 皇冠体育app's future?

There was a very hopeful point in President Xi's speech. The fact that he emphasized quality of life rather than just growth for growth's sake makes me hopeful. It's the right move to focus on a more environmentally friendly 皇冠体育app, and reducing excess capacity and reducing risks in the financial sector. That will make 皇冠体育app's economy more stable. So I thought it was a good speech.

President Xi Jinping said 皇冠体育app has embarked on a "new era" in its development while spelling out a two-stage development plan for the country by the mid-21st century. What do you think of that? What is happening in 皇冠体育app that impresses you the most?

To me, it's always the young people, the new generation. When I was in 皇冠体育app, I worked very closely with Chinese government officials. I could see how differently those in their 30s and 40s were from those in their 50s and 60s. These are people that have had different life experiences and are highly educated and highly capable, which makes me optimistic about 皇冠体育app.

President Xi Jinping has pledged to develop a modern economy. What are your expectations for that?

I guess the challenge for 皇冠体育app is focusing less on the level of growth and more on the sustainability and quality of growth, and focusing on reducing risks. Because obviously, if 皇冠体育app has financial crises it'll make it harder to achieve a well-off modern society. It's amazing, in a way, that 皇冠体育app has stopped the growth of wealth management products and stopped the growth of lending from banks to nonbank financial institutions without any real instability in the financial sector. That makes me feel hopeful.

皇冠体育app's is still the world's fastest-growing economy, and millions of people have been lifted out of poverty. What in your opinion has been the key to such achievements? And what do you think of the Chinese development model?

In some ways, it's been an economic miracle taking 皇冠体育app from low levels of income and development to a middle-income economy. The question is, does 皇冠体育app have the right strategy to become a modern society and more prosperous? 皇冠体育app has to promote innovation. 皇冠体育app has to protect intellectual property. And most importantly for the country's development, I think 皇冠体育app needs a more decentralized financial system.