“Recycling is a key link in the battery life cycle... By 2042, half of the world’s batteries are expected to be made with reclaimed lithium.”
Zeng Yuqun, president of battery maker CATL, at the 2024 World New Energy Vehicle Conference held by the China Association for Science and Technology and Hainan provincial government from September 27 to 29
“We have to face the reality that US sanctions against China’s AI chip sector are unlikely to be lifted anytime soon. Under these sanctions, China’s semiconductor manufacturing will lag for quite some time, limiting the advancement of China- made chips... Sustainable computing power can only be built on chip manufacturing processes that are realistically accessible.”
Xu Zhijun, vice-president of telecommunication giant Huawei, claiming the company already has the solution to this issue at Shanghai tech conference HUAWEI CONNECT 2024 in late September
“No country or economic theory has proven that deflation and weak demand can be solved merely through the wealth effect created by boosting the stock market.”
Song Xiangqian, co- founder and president of Harvest Capital, writing for Caixin on October 8
“By 2025, all State- owned enterprises must implement a system for adjusting or removing underperforming employees. We have to clearly define the standard for removal, based on performance assessments, and prevent the replacement of performance-based removals with reasons like disciplinary violations, retirement or voluntary resignation.”
Wang Hongzhi, deputy director of the State-owned Assets Supervision and Administration of the State Council, at a government meeting on September 27
“Promoting diversity and inclusivity in China’s higher education system is an urgent priority. The key is not to grant more privileges and resources to universities already able to grant more advanced degrees. Instead, specialized development and addressing specific needs should be the way more universities and colleges survive.”
Zhang Duanhong, director of the Education Policy Institute, Tongji University and Liu Hong, associate researcher at the Fudan Development Institute, on the homogeneity of Chinese universities for journal Science Times in late September
“Government departments at various levels are facing a lot of problems in defining responsibilities, resulting in unclear management roles. Specifically, the division of power between levels of government is not well defined, which has hindered the government’s effectiveness and quality of public services.”
Lou Jiwei, former Chinese finance minister, at the Asia New Vision Forum 2024 hosted by financial portal Caixin in Singapore in late September
“The capital [provided through the central bank‘s new loan facility] for listed companies to buy back or increase their holdings has specific conditions and limitations. It remains a red line of financial regulations that money from commercial banks cannot enter the stock market. So some interpreting the recent central bank’s monetary policies to mean that banks are directly buying stocks is unfounded.”
Xiang Songzuo, director of the Financial Institute of the Guangdong-Hong Kong-Macao Greater Bay Area, Shenzhen, Guangdong Province, and former chief economist of the Agricultural Bank of China, writing for Caixin on October 6
“ ‘Confront but do not break’ is the bottom line of Sino-US relations. The relationship remains unstable, with ongoing troubles, friction and conflict, let alone substantive improvements. What we have to consider now is not how to improve the relationship, but rather how to prevent it from worsening. Whether the next US administration can maintain this bottom line is also the key to Sino-US relations.”
Wu Xinbo, director of the Institute of International Studies at Fudan University, at a press conference during the 11th Beijing Xiangshan Forum held from September 12 to 14
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