He said that the Tibet-related issues bear on China’s sovereignty and territorial integrity and core interests, and that the Tibet affairs are China’s internal affairs which any foreign country has no right to intervene in.
He said that securities brokerages had previously used M&As to go abroad, but after the start of the connect they could now participant directly in global trading.
He said possible downsides may include some enterprises employing fewer people, making it harder for some impoverished people to find jobs. But these problems could be offset by other measures, such as developing industries in impoverished villages, thus helping them find jobs without having to migrate to big cities.
He said "the prosperity and well-being of billions of people in our region will depend on how we can foster growth through increased connectivity and increased integration of our economies."
He said he was pleased that a host of US companies are actively participating in the expo, an event that demonstrates China's willingness to increase imports and expand its opening-up.
He said previous Legislative Council voting results will not be affected.
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He said he believes the restrictions were put in place mainly because the Chinese authorities wanted to focus on not opening up the market too quickly, and"to protect foreign investors at a time when many Chinese companies' corporate governance standards were still lagging behind international standards".
He said it was time to revoke the emergency use authorization issued by the FDA, which approved the drug for seriously ill patients who were hospitalized or for whom a clinical trial was not available.
He said China will promote international communications to help the international community understand the country and enhance exchanges and cooperation with other countries.
He said Macao's basic fiscal reserves and surplus reserves amounted to 569.54 billion patacas (about .49 billion), while there was 163.25 billion patacas (about .20 billion) in foreign exchange reserves at the beginning of 2019, and the government had the financial capability to establish such a fund.