CPPCC members taking media questions on "seeking stable and healthy economic development"

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Members of the 12th National Committee of the CPPCC, China's top political advisory body, are currently holding a press conference on "seeking stable and healthy economic development."

Below is what members have said so far.

CPPCC Member Yang Kaisheng on preventing financial risks:

Financial risks in China are still controllable, given the fact that the amount of bad loans of Chinese commercial banks is still relatively low.

Giving priority to preventing financial risks is in accordance with China’s current situation. However, regulations and laws still need to be improved in order to enhance authorities’ supervision.

Press Conference held by the CPPCC/ CGTN Photo‍

CPPCC Member Chen Xiwen on structural supply-side reforms in agriculture:

The main target of China’s structural supply-side reform in the agricultural sector is to improve the comprehensive competitiveness of Chinese agricultural products in the world.

With a relatively small scale industry, one way to enhance China’s competitive edge in agriculture is through technological innovation.

CPPCC Member Qian Yingyi on China’s shift from depending on population dividend to talent dividend:

The move is inevitable and serves as an important opportunity for China.

Under increasingly dipping number of laborers and a growing population of students with tertiary education, there is great potential in China succeeding in depending on its talent pool for economic growth.

All in all, the transformation relies on education and is a long term process.

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