These outlets are allowed to operate all kinds of permitted business which will generate more Guangdong-Macao cross-border RMB business. Third, at the same time, financial infrastructure as a platform between Guangdong and Macao should be linked up to provide better facilities for Guangdong-Macao cross-border RMB business. In this connection, Macao has rolled out the discussion with PBOC Guangzhou Branch.
Both sides are endeavouring along this direction. We believe the clearing systems can be linked up gradually in the next one or two years. Apart from promoting cross-border RMB business between Guangdong and Macao, further steps to widen the cross-border movement and use of RMB will be of importance to elevating the status of RMB internationally.