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Views from NPC Members

03-06 12:31 Caijing

Aviation, insurance, bank, coal and power

Coal and Power: Li Xiolin, chairman of China Power International Development

» The key to resolving the tension between China's coal supply and power generation is to push forward with the integration of operations of the two industries, said Li Xiaolin, chairman of China Power International Development Ltd.

» Li suggested that coal miners and power plants should join hands in coal mining development and power generation in order to resolve the distorted relationship between the two industries.

 

 

Aviation: Liu Shaoyong, general manager of China Eastern Airlines

» The government should issue a stimulus plan to boost the aviation industry, said Liu Shaoyong, general manager of China Eastern Airlines Group.

» Liu suggested that supportive policies including capital injection, optimizing air routes, accelerating carriers' reshuffle and expanding cross-strait markets should be issued to help Chinese airliners in the weakening market

 

Policy BanksAre Needed: Liu Kegu, former China Development Bank vice president

» Policy financial institutions are still needed for China’s economy, said former China Development Bank vice president Liu Kegu.

» The role of the policy bank is to achieve national strategic goals by adjusting the economy, rather than maximizing profits, said Liu.

» The CDB is undergoing a transformation to become a commercial operation without government subsidies.

 

Insurance Funds Investing in Stocks: CIRC chairman Wu Dingfu

» CIRC chairman Wu Dingfu said that the upper limit for insurance funds to invest in equity markets will not be changed.

» Insurance funds have not reached their limit in stock investment, said Wu on the sideline of the National People’s Congress Conference.

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