our senior adviser, mr. rossise of you from fremont and san jose and around the bay area, thank you for being here on this first china-united states state and regional economic and trade discussion. as you know, san francisco has been home to the biggest and the oldest chinatown in the united states. and so, there could not be a more appreciative place to hold this conference. i will say as i said earlier to the vice minister that it is interesting to note to and i am a student of our chinese history. in the 1800's as darlene has mentioned, many of the ancestors came over from china and whether it was for economic opportunity or search of gold, it is interesting to know that today we're of course seeing our contemporaries coming to invest and look for partnerships opportunities in the united states and in san francisco. it is a very nice twist. i am proud to say that san francisco is the innovation capital of the world. and we have been dubbed the center for clean technology in the united states. our goal of reach

mr. mike rossi, senior adviser on jobs for governor brown. also officials from the delegation. neral of the department of foreign investment and administration. mr. wong shi. and mr. -- the commercial counselor of the department of corporation. and the director-general of the investment promotion agency of the ministry of commerce in china. we have more. the chairman of the tschida chamber of commerce -- china chamber of commerce. and from the china contractors association. and the president of the foreign trade and economic relations commission. and the deputy director general, department of commerce of the inner mongolia, autonomous region. the director of economic and trade office of [unintelligible] province. i would like to mention that locally, we have a city council member from fremont, ms. sue chan and supervisor malia cohen is in the house. thank you for coming. i remember not long ago when vice-president -- the vice- president visited the united states and i traveled to los angeles with our mayor at the time and what an event. and now a few months later, san francisco

mr. rossi want to take that one? >> i believe that direct on-line access could be helpful under those types of circumstances and when a firm was under financial duress, i think we would be making much greater use of actual -- tool checking several times during the day to make sure that the deposits are as reported by the firm and if there were fluctuations in those balances intraday, it could raise a red flag and create suspicion. with the funds are going down and miraculously at the end of the day they pop back up i think that would be something that would draw the tension of the regulator. >> ms. subfor you are certainly a feisty advocate on behalf of the organization. i am fully appointed with a nick thank you for your interest and your leadership. you cannot do a rain dance can you? >> i wish i could. [laughter] >> what the end insurance would you like to see developed? >> every form of assurance -- insurance has costs and drawbacks. to my own point of point of vien behalf of ngsa the first thing is urgency so we

mr. rossi want to take that one? >> i believe that direct on-line access could be helpful under those types of circumstances and when a firm was under financial duress, i think we would be making much greater use of actual -- tool checking several times during the day to make sure that the deposits are as reported by the firm and if there were fluctuations in those balances intraday, it could raise a red flag and create suspicion. with the funds are going down and miraculously at the end of the day they pop back up i think that would be something that would draw the tension of the regulator. >> ms. subfor you are certainly a feisty advocate on behalf of the organization. i am fully appointed with a nick thank you for your interest and your leadership. you cannot do a rain dance can you? >> i wish i could. [laughter] >> what the end insurance would you like to see developed? >> every form of assurance -- insurance has costs and drawbacks. to my own point of point of vien behalf of ngsa the first thing is urgency so we