The launch of the Mandatory Provident Fund Scheme will create more jobs in difficult times, according to Tung Chee-hwa. Addressing a dinner hosted by the Hong Kong Federation of Insurers last night, Mr Tung said the scheme would not only foster the growth of the capital market but more job opportunities. He cited reports that some firms had already decided to increase staff to handle the new business. 'While this is not the primary aim of the [fund], the job opportunities which it will create for members of our workforce is nevertheless a bonus which, particularly at this time, we will all welcome very much,' he said. Mr Tung said the Government shared the pain felt by the community in the face of the economic downturn. Stressing there was no 'instant medicine and solutions', Mr Tung maintained the economy would recover with the stimulus package outlined in the Budget announced in February. But he added the 'adjustment period should not be too far away'. 'At that time Hong Kong will be better, Hong Kong will be stronger,' he said, urging people to 'be patient'. 'It will take time . . . It is going to be painful for a little while longer but at the end of the day we will be that much better off.' The Democratic Party wants flea markets set up to help relieve rising unemployment. The suggestion formed part of a plan by the party to ease short-term unemployment pressures. The Government was also urged to double the amount of assets allowed for those living on benefits, and to reduce interest rates.