 That's all I have to say about the causes of China's aging population. I've looked at three causes. First, China's policy of encouraging more birth in the 1950s and early 1960s. Then, the introduction of policies that favored smaller families, ending in one child policy in 1979. And finally, the social phenomena of think couples. Now I shall hand over to Thomas who will discuss the effects of the causes and the possible solutions for the problem. Thomas, over to you. Thank you, Wing. So this is Thomas. I'm going to briefly talk about the effects of the aging population and look at, at the same time, look at some solutions for these problems.