From the perspective of normal fluctuations and structural adjustment of the economy, this paper redefines asset bubbles as a self-circulating system in some parts of the national economy, based on "unreal" factors.

State-owned assets and State-owned enterprise reforms have been slow in some areas.

The Silk Road aims at openness, cooperation, mutual learning and win-win results.

As a joint project beneficial to the economic development in all participating countries, the Belt and Road initiative is the cause for all.

The primary goal of building "One Belt and One Road" is to boost the economic development, stability and prosperity of the countries in the region. Promoting trade, investment cooperation is the important means to achieve the goal.

I'd like to take this opportunity to talk about the mutual connectivity in the Belt and Road initiative.

State-owned capital investment companies are an important way to improve the supervision of State-owned assets, with the focus on capital management.

State-owned capital investment companies serve as an isolation layer between the government and State-owned enterprises and they are different to some extent.