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实际利率有望下降

He said the country also plans to expand overseas institutional investors' access to the exchange bond market.

He suggested that controlling the leverage growth rate, instead of roughly driving down the ratio, could be more efficient to tackle debt risk.

He started One Free Dive Club in 2013, China's first free diving club. Now the club has branches in over 10 major cities in China and other locations in Southeast Asia.

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He underlined that they will not "hide" the smartphones' losses within the TV, audio, camera division's numbers. Sony shut down a smartphone factory in Beijing at the end of March as it seeks to cut the losses of its mobile division.

He said the Seoul-based automaker will "focus on stabilizing the level of incentives and inventories".

He said the mining sector had recovered from the doldrums, with the 2016 output of non-renewable energy reaching 3.46 billion tons of coal equivalent, 1.28 billion tons of iron ore and 52.83 million tons of 10 types of non-ferrous metal.

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He said the establishment of the association makes him hopeful for the development and application of "intelligent automobile" technology and the "internet of vehicles".

He said the leaders' summit to be held in China in the first half of 2020 showed the great importance China attached to the 17+1 platform as well as the hope of the 17 CEEC nations to elevate the cooperation.

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He said the authorities had only rolled out policies for employees on fixed contracts and had failed to cover those employed more flexibly.

He said the incomes of Chinese families, particularly those in large cities, have increased greatly over the past decade, and well-off parents are looking for more informative, customized and international education for their children.