The annual per capita expenditure on rural schoolchildren at the time was less than 10 yuan, Xie found.

那个时候，解海龙发现，农村孩子上学，每年每人的投入不足10元。

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Xie also thinks Beijing may allow the yuan to appreciate this year, but only by a small amount.

谢先生也认为今年北京可能会允许人民币升值，但幅度不会太大。

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Xie says it's wrong to conclude from China's trade surplus that the yuan is undervalued.

谢先生说从中国的贸易顺差得出人民币被低估是错误的。

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Xie Yuan, director of Department of American and Oceanian Affairs at the CPAFFC, told the China Daily that improving sub-national level economic cooperation and local employment would be the main topics among the governors.

FORBES: Looking For Jobs, Four States Turn To China

Andy Xie, an economist at Morgan Stanley, calculates that, in real terms, the yuan has risen by 40-50% against both the dollar and the euro since 1993.

ECONOMIST: China's economy