Premier Zhu consoles HK investors

Zhu Rongji, Premier of State Council of the PRC, said that the slowdown of the global economy imposes negative impact on the exports of the PRC, as well as the re-exports and even the economic development of Hong Kong. In his opinion, the GDP growth of Hong Kong this year will exceed 1% and so he is not too pessimistic about the economy of Hong Kong. Meanwhile, he said that he is confident that the PRC GDP growth can remain at 7% this year despite the pressure from the US economy. Premier Zhu advised the Hong Kong people to unite. And he claimed that it is important to make decisions and put them into practice instead of simply having discussions.

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