Justin Lin Yifu pointed out that future Chinese economy would still be driven by investment rather than consumption. Technology innovation and infrastructure investment would be the two main driving forces of investment.

Miao Wei, minister of Industry and Information Technology of China, said recently that present administrative approval mechanism had contributed to overcapacity, standard policy should be implemented.

Miao Yu, minister of Industry and Information Technology of China said at the China Development Forum 2013 March25th, if excess production capacity was at appropriate level, the government should tolerate or even welcome it.