At this juncture, the concept of the New Economy is still somewhat unclear, essentially combining a range of rather diverse factors which have in common that they potentially raise the speed at which the economy can grow before inflation starts to accelerate.
*  *  *  Salutations Mr Cai Jianbo (First Executive Vice President China UnionPay) Mr Kevin McCarthy (Bank South Pacific Country Head for Fiji) Representatives of the Embassy of the People’s Republic of China Representatives of the credit issuing banks and China UnionPay Distinguished guests Ladies and Gentlemen Introduction Bula vinaka and Ni How It is an honour for me to be here today at the launch of the business partnership between China UnionPay and Bank South Pacific.