We should gradually increase imports to reduce the large surplus between U.S.-China and gradually buy less U.S. debt. Holding so much foreign-exchange reserves exerts a great deal of pressure on our monetary policy.

Products made in China facilitate American lives from when people wake up in the morning and to the time they go to bed at night.

The money we worked hard to earn is lent to foreign countries, allowing them to earn more money. This is not as good as us using the money to buy U.S. goods directly, which can effectively reduce the (trade) deficit.

People's knowledge on PE fund has been widened over the past decade and the environment to run PE fund in China is getting mature.

The import bill is too high. We should do our best to reduce imports and increase local output.

[The bill did not] markedly reduce these imports, ... We need to build a consensus around effective steps to use less oil in our transportation sector, which is the basic cause of our increasing reliance on oil imports.