Quotable

"Economists generally agree that the Chinese economy has dropped to the lower band of the L-shaped trajectory; I think it is still possible that growth may continue to fluctuate and even further drop a little bit, but there would not be the danger of an economic hard landing."

YU YONGDING, an economist at the Institute of World Economics and Politics of the Chinese Academy of Social Sciences

"The food industry has gained a growing influence in the country's economy in the past six years. It plays an important role in boosting domestic consumption and accelerating supply-side structural reform."

WAN ZAOTIAN, COFCO vice-president China National Cereals, Oils and Foodstuffs Corp, the country's biggest food trader by revenue, will accelerate its pace of building warehouses and logistics facilities in the world's major grain-producing regions this year

(China Daily European Weekly 07/21/2017 page24)