Yao Jingyuan, Contract Research Fellow, Counsellors' Office of the State Council said:

Two main reasons for the slowdown of Chinese economy are: firstly, slow recovery of world economy, the revival of trade protectionism, and shrinkage in export; secondly, the adjustment of economic growth mode and economic structure.
China's consumption is upgrading, the rapid growth of auto market is necessary.
China should not depend on export only, to increase domestic demand is necessary.