What do you think is the biggest risk in the future of China's economy?

Liu Shijin: China's economy in fact in recent years we have noticed a phenomenon, the so-called risk-free rate is too high. A few years ago more prominent has two, one is real estate, and a local financing platform some of these areas, they really can create so much value, its true efficiency is so high? There is no such high, so the risk is actually hidden. But do you think that our manufacturing enterprises can have so high returns? It is not good, so it is felt that the universal so-called financing, one is difficult one is expensive, it is difficult to solve the problem. But recently there has been a new, too high risk-free rate of such a field, this everyone knows that stock market is.