Xu pointed out that government over-stimulus and poor corporate management and financial supervision were key factors leading to the rising leverage ratio.
Xu said a country's central bank plays a special role in its financial system, and the conference highlighted the central bank's role in macro prudential management and avoiding systemic risk.
Yanai said that he believes Japanese companies should seize the opportunity and increase their investment volume in China.
Xu said that the dairy producer had similar such overseas acquisition plans for the next few years.
Years of operating on Taobao, the Chinese customer-to-customer site, have taught Yang the importance of attractive display pictures, which are crucial to enhancing the click-purchase rate.
Yang said Sino-Russian relations continued to develop at high levels under the strategic planning by President Xi Jinping and his Russian counterpart Vladimir Putin.
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Yang Hongtao, a 45-year-old driver in Changchun, Jilin province, spent about 700 yuan (0) in two months to build a 6-meter-long tactile paving on a bus.
Yan Yuejin, research director with the E-house China R&D Institute, predicted the property market will continue to heat up as a growing number of cities showed no sign of cooling down in August.
Xu helped the Wang family build 360 square meters of pens and they received a subsidy of 100 yuan per square meter from the local government.
Yang Changxiao, an economist with brokerage firm Zhongtai Securities, attributed the consistent LPR to the absence of obvious liquidity tightening in the market and the fact that conditions at home do not justify a rush for monetary policy adjustment.