First, we will improve cross-border trade facilitation under the current account while reform of the foreign exchange sector will move ahead to streamline administration, delegate power, improve regulation and upgrade services; and a foreign exchange supervisory system will be established, which focuses on credit risk assessment and ex-post verification.
In Vancouver, when similar measures were introduced last year, we saw the market cool for a period of time. But it is picking up again. So, given we expect household spending to slow somewhat, it could surprise us and provide an unexpected boost to growth in the near term, which is another risk we mentioned in April.