In the West, if a city faces financial difficulties, it'll go bankrupt. But in China, cities will be subsidised by the Ministry of Finance. So some small- and medium-sized cities aren't worried about going bankrupt. They figure the central government will help them out.

If you only get money, but you don't care about a thing, right or wrong, you cannot last. That cannot sustain you for the future.

My next goal is for Shenzhen to become the model of environmentally-friendly and sustainable development.

Wang Shi Quotes