Is De Guindos jocking?

I have not written in this blog for a long time and intend to do it more from October onward. Before that, however, I could not resit to include a quote from the Spanish Minister De Guindos today: "Si hay algo de lo que estamos lejanos es del modelo chino. España es un país competitivo y su competitividad no se tienen que basar en salarios bajos, sino en la productividad, el capital humano, la formación y el desarrollo de la investigación con productos de valor añadido elevado". Does Spain really have a model? And how they plan to develop that kind of model with sharp cuts in research and development and the university sector?