Monetary Policy: Su Ning, Vice Governor of People’s Bank of China

» China’s monetary policy needs refinements so that credit control does not have to be the only method, said Su Ning.

» Credit lending is not likely to grow significantly during the rest of the year.

» Su suggested regulators lower the required reserves ratio for commercial banks.

Oil Reserves: Yang Jigang, General Manager of Daqing Petrochemical Co.

» Yang Jigang said China's will strengthen the coordination of its national strategic oil reserves and commercial oil reserves.

» The two types of oil reserves can supplement each other in order to reduce costs and improve efficiency, said Yang.

Auto: Zuo Yanan, Chairman of Jianghuai Auto

» China should work out a clear development strategy for its auto industry, said Zuo.

» Policymakers should pay special attention to efficiency and resource allocation as the government encourages major automakers to merge.

Proprietary Brand: Jiang Ming, Chairman of Timing Group Ltd.

» Jiang Ming pressed legislators to come up with more effective protections for brands in China.

» Currently, the average life cycle of a commercial brand in China is only two years.