Quotable quotes from 2021 Financial Street Forum

Pan Gongsheng, vice-governor of the central bank and head of the State Administration of Foreign Exchange

China's real estate market and related financial markets showed some fluctuations, which is the expected response of market entities after individual enterprises' default.

Due to the financial regulators' guidance, the excessive increase of the risk appetite of financial institutions and the market has gradually been reversed, while financing behavior and prices in financial markets are gradually returning to normal.