"It makes sense that Premier Li would offer hope that China will rebalance its economy, given the emphasis since the 18th Party Congress and the two sessions on sustained growth and reform. Specifically, China will have to rebalance away from inefficient investment-driven growth and move toward faster consumption rates. His speech sets the stage for major reform, particularly by fighting entrenched interests and inertia in local governments, State-owned enterprises, the export sector and even the financial system itself. The conference in Dalian allowed Li to reassure foreign investors and markets that China is sincerely committed to managing continued economic reform and growth."

Jon Taylor, professor of political science at the University of St. Thomas in Houston, Texas

"Premier Li outlined a clear and pragmatic vision for sustaining economic growth and addressing the massive and complex social and economic issues confronting China. The Bay Area Council is proud to be partnering with China on expanding trade, investment and economic cooperation between our two countries and, as Premier Li describes, exploring 'new ways to open China to the outside world'."