Quotable

'From an increase in margin trading, some retail investors are flocking back to the market."

Zhao Bingtong, a trader at Guosen Securities Co in Shenzhen. Chinese stocks rose, sending the benchmark index to a two-month high, after economic data showed faster services growth, and margin debt posted its longest stretch of gains since August.

"Digital products, such as videos, are important products for e-commerce."

Daniel Zhang, CEO of Alibaba Group Holding Ltd, says Youku's high-quality video content will be a core component of Alibaba's digital offerings. Alibaba is taking full control of Youku Tudou Inc, a leading Internet video company in China, in a move to further push into digital entertainment.

"It is useless to blame China for other competitors' high costs and low efficiency, which cannot solve their essential problems. If they cannot raise efficiency, they will lose market share."

Li Xinchuang, deputy secretary-general of Beijing-based China Iron and Steel Industry Association, says fading steel industry competitiveness, rather than China, is responsible for the job losses in the United Kingdom and it was unfair that the media coverage in the UK had turned a blind eye on China's job creation in the country.

(China Daily Africa Weekly 10/23/2015 page18)