China's overall crude oil consumption is about 8% or 9% of world consumption and per capita consumption is a little less. So we are affected (by high prices) but the degree that we are affected is limited.

The current oil price couldn't represents the relations between supply and demand, ... speculation has played a more important role in the increase of oil prices.

It should arouse concern, and actually has aroused our attention.

Frankly, I don't think this coincidence will happen again.

Prominent problems include a too prompt growth rate in fixed-asset investments and bank loans, which the country plans to adopt measures to tackle, as well as measures to ensure it keeps its steady economic growth.

A modest slowdown, if conducive to the long-term, stable development, is very good.