Quotable

"The soaring economy and application of information technology, and the changing population structure between urban and rural areas, will push China's express sector to a further division among more sophisticated and segmented markets."

Ma Junsheng, director-general of the State Post Bureau of China, saying China is likely to become the world's largest market for express services this year, aided by the e-commerce boom and fast rural infrastructure development.

"China is a huge market. You always have to employ people here just for the Chinese market. But it has to continue to move up the value chain so that it is competitive globally."

Mark Hutchison, president and chief executive officer of GE Greater China, commenting on the findings of a recent study that more than 70 percent of the US-based companies don't plan to move their production facilities out of China this year. The study by the American Chamber of Commerce in Shanghai said that 20 percent of these companies would further improve the productivity of their operations in China.

"Establishing, perfecting and implementing laws and regulations for the board is vital to protect the interests of investors."

Hong Hao, managing director and chief strategist of BOCOM International Holdings Co Ltd, the international investment banking and securities arm of Bank of Communications, saying that the strategic emerging industry board will help ease funding problems for domestic high-growth companies.

(China Daily Africa Weekly 03/14/2014 page20)