I’m looking forward to see in terms of further opening the country to foreign investors and to foreign corporations, to issues like RMB liberalization, the liberalization of interest rates.

I think there is a need, especially in municipal level in China, to find new ways to raise money and try to reduce the level of debt, that has been growing very rapidly.

People may say that “the growth has been slowing, last year it was only 7.4 percent.” My answer to this is, 7.4 percent of the $10 trillion, the economy is very, very substantial. It’s more than the entire economy in year 2000.

I think the reforms are well-managed, and it is probably potential for growth of five, six, seven percent for quite many years ... I expect that the growth will be around 7 percent.

-- Guy Saint-Jacques,

Canadian Ambassador to China