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"Facing the situation, we will consider policies for the next step. In general, we should continue to pursue a monetary policy that will be eased or tightened to the right degree," Liu said at a news conference held by the State Council Information Office.

"Excessive costs and very poor benefits for customer ties and image building simply don't justify the effort," said Ferdinand Dudenhoeffer, director of the Center for Automotive Research at the University of Duisburg-Essen. "Car shows are doomed unless they find a new approach."

"Every year, we make laudable commitments -- but they are not backed with the requisite financial and political support. We repeat statistics about the sustainability of inclusive peace processes -- but that is not how we mediate most conflicts," he said.

"Deng managed to unite Chinese society and motivate individuals to participate in the modernization process. At the same time, the commitment to China's socialist path of development has not been lost."

"Despite corresponding changes in local measurements in case a city's home prices show signs of overheating, I think stability will continue to be the key word for real estate sector in the second half of the year," said Chen Sheng, president of the China Real Estate Data Academy.