Currency crisis the best are the best investment of RMB in the Mainland

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"I believe that the monetary crisis the best are the renminbi, the best investment in the

Mainland." CPPCC National Committee member, Friends of Hong Kong Association President Chan Wing

Kee, on the 10th at two sessions of collective News Center said. In his view, in the current

financial crisis, the investment in China are "currently the most promising thing."

Day 10, six members of Hong Kong and Macao on the "how to deal with the global financial

crisis" by Chinese and foreign media.

Chan Wing-kee said that in response to the current financial crisis, the most important way is

to boost confidence, "confidence important than gold." He said that although Hong Kong and Macao by

the financial crisis, a greater impact, but "the Mainland in the second half of this year from the

financial crisis can come out the bottom, then the second is the implementation of recovery of Hong

Kong and Macao."

CPPCC National Committee member, Hong Kong Tom Lee Chen Eric accountants Ernst said that the

Chinese government's economic policies stimulating domestic demand, to do a lot of counter-cyclical

investment, This is利人利己measures, there is very good for Hong Kong impact.

Guangdong about the "Proton-for-bird cage" policy, the CPPCC National Committee members, the

Hong Kong Chinese General Chamber of Commerce Choi said that this policy should be gradually

carried out, because labor-intensive enterprises are also important. He believes that, in the face

of the financial tsunami, Chinese on the one hand, to promote industrial upgrading in transition,

on the other hand, in order to maintain employment.

Chan Wing-kee was also suggested that around 3% of the current insurance premium is the ratio

of domestic sales fell 1 percent, because "It's whether it is in Hong Kong, Macau or the Mainland

to engage small and medium-sized domestic market has considerable benefits."

About Hong Kong and Macao and the Mainland financial cooperation, the CPPCC National Committee

members, the Hong Kong Chinese General Chamber of Commerce will Dong Hua-Feng Zhang hoped that Hong

Kong banks can participate in domestic enterprises loans. "Can be conducted through Hong Kong banks

loans, Hong Kong's banking system has many of RMB loans can help the enterprises." He said.

CPPCC member and Macao entrepreneurs颜延龄express, hit by the financial crisis spread to

international investment mainly by the significant effect on the real estate industry in Macao. In

addition, Macau's gaming industry has also declined, "but this decline was not as we imagine it or

was extreme, but in previous years, high growth, now slowing, the growth rate slowed."

颜延龄of Macao's economic development in 2009 is optimistic. "The forecast for this year's

total revenue last year, with more or less the same level of income will not decline much, the

overall economic situation is still positive." He said.

Present at the press conference members of the Hong Kong and Macao at the end of a news

conference, the initiative for reporters手挽手lenses that work together to respond to crises.