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"Companies that are able to get the benchmark interest rates are few, and in most cases, bond-issuers have to accept banks' buoyancy, which is more than 20 percent. So, the cost of loans may end up higher than direct financing costs."

"China's laser display industry has achieved great advances in the past few years to possess a number of patents and a group of leading enterprises," said Xu Feng, an engineer with CCID Think Tank under the Ministry of Industry and Information Technology.

"Cramming in the subway and sitting all day in a cubicle is not the life I wanted," said Jiao Qi, 30, who had a white-collar job in Shanghai.

"China's employment situation is holding steady, better than other major economies," he said. Wei told the media that the current employment situation will lay a solid foundation for stable and healthy economic development next year.

"Confidence among entrepreneurs has improved and expectations for the Chinese economy remain stable and positive," said Zhang Yongjun, a researcher at the China Center for International Economic Exchanges in Beijing.