 Ladies and gentlemen, good afternoon. It's my great honor to be here to introduce our work in China. So just now, our three Chinese speakers introduced their work from policy perspectives. So my introduction is about a very specific case, is how society can support government to protect the land and help the community to improve their livelihoods. So my speech, the team of my speech, is the Land Trust Practice in China. So as you know, the Land Trust in the US is very common tool to protect the land. But in China, this is very new, because all the land in China is owned by government. So in the past five years, or six years, we are trying to build new models in China to apply to China's policy situations. So before the introduction, there is overall pictures. So this map shows from the Chinese National Biodiversity and Conservation Strategy and Action Plan. So the dark green areas is conservation priority areas. It's covered almost 30% of the total lands of China. And almost 15% of them is permitted by government as a nature reserve. So you can see there's still a big conservation gaps over there. But in China, because all of the land is owned by government, so all the conservation model is controlled or governance by government. So we don't think this is enough to protect our critical lands. And on one aspect, not only the spatial gaps still existing in China, but also the management gap is well-existing in China. Most of our lower-level parks or preserves still in paper parks. So consider these situations. We are trying to build a new model is to introduce the society, the philosophy money, into the land conservation to support the government to fill the gaps, not only for both spatial and also the management. So there's a basic knowledge about the land tenure system in China. So by law, all the land in China is belong to the people. But government have authority to represent for the people to manage all the land. In other words, actually, all the land is belong to the government. And technically, the land ownership in China is categorized into state-owned and collectively old. And the private land ownership is not exist. I see the private only have a certain year's management use right or use only can use right. So usually, the groups, individuals, or entities allow to use the land from 30 to 17 years. But the policy is changed to very positive directions. So in 2008, China is promote forest land tenure reform in which is allowed as a private or individual's entities can technically own the land at least a certain years of the land. And the government policy also encourage the civil society participant and social investment, we call the PPP models. Which is the purpose of this policy is the PPP policy is to want to leverage the private money into the conservation areas. So on the other hand, we can see very dramatic growth in Chinese philosophy market. So you can see the curves in the past 10 years. The numbers of NGO and the money of the philosophy in market is booming. So we see there's possible that society can play a significant role to help government to protect the land. So in 2012, we started to our pilot in Sichuan province, which is the core areas of the Panda habitats. So this county is Pinwu county of Sichuan province. In this county, there's over 200 of the Panda living in this country, which is the numberist of the Panda in China. So we go through back the conservation gaps and looking and find out a piece of land which is the neighbor of two national preserves. And in between two national preserves, there is a piece of land that is around 11,000 hectares with very old growth forest and also very key corridors for pandas, but not covered by any type of preserve. It used to be a forest farm, but not well-being management, like many other areas in China. So we use this place as our model, pilot model, to explore the land trust in China. So we take five years to work out this model. And we establish a private foundation to hold the land management rights and provide the funding for constructions and management. And the local land trust preserve is managed by a newly-founded NGO and fully funded by the private foundations. And not only to working on the conservation, but also to work with communities because most of the life of the communities is still coming from the mountains. So we have to work with the local communities to help them to understand what is conservation and what they can do with us. So the name of this land trust is La Hogo is officially registered as county levels preserved, but quite differently is managed by foundations. So we call this our first land trust in China. And technically it is the first private managed preserves. So we invited 22 very influential Chinese entrepreneurs and with initial 30 million US dollar into the private foundations. And the foundation invests around 3.3 million US dollar for this preserved establishment. We spent three years to build these new reserves. And in operations annually, this preserve cost half million US dollar. So this preserve is composed by three pieces of land. Two is state-owned. One is collective-owned. So state-owned, we signed the lease contract with government with no fees. But we commit we are going to continue to invest the conservation fund and to help the surrounding community to have a green growth opportunities. And collective forest, we buy it. And in three pieces of land composed to this preserve, we get 50 years, land 10 years. And finally, we applied to county-level nature reserves and legally to make this piece of land as a preserves. So structure like this. The management right is under the private foundation named as Paradise Foundations. And the daily work is managed by the local nature conservation center. And they hired 34 staff to patrolling and arranging and manage these preserves. And the preserve is supervised, still supervised by government, but technically gets bought from the nature conservancy. So through this structure, we build a partnership from all sectors, including government, NGO, and community. So after we establish this new private reserve, we use open standards. We call the conservation action planning to develop a managed plan and implement as a plan. And we strictly manage the exit and entrance point. We're not going to develop any tourist because this place need time to recover. And we established a range-wide patrolling system and to send our staff to working on these areas daily. And we monitor all the data to present the results of the conservation. Except the conservation areas, we also consider, as I said, we also consider the community development. So at the face of the master planning, we are not only to make the plan for the preserve, but also include the surrounding communities into our planning areas, so we call expansion areas. And we help the local community to plan the eco-friendly industries. And we offer some initial funds to support them, to develop by themselves. And we help them to link the market. So now, five years later, the quality of this reserve, ecological quality is much improved. During our monitoring data, we can see there's 13 wild pandas living in these preserves. And you can easily to see wildlife in these areas. And also, the community, our surrounding community is around 200 families, and half of them who is joining our eco-friendly products process. And their income, annual income, increased $1,000 a year. So almost a double their annual income. So this model we see, only one model is a good story, but we still see many challenges, challenges from policy, money, sustainability. But we are still trying to promote this model because we see many local Chinese NGOs is willing to use this model to expand. So last year, we jointly to invite the other 22 NGOs to formulate a land trust alliance. And we set up a joint goals to protect one percentage of China's territorial land by societies. So this is a very simple example that how the nation can serve as a traditional land trust to introduce this model in China and apply to China. But the background, because of the land policy is quite different. So we use a different legal conservation and community engagement methods to achieve our goals. So we are looking forward future to work more partners to expand these models. So this is my speech. Thank you very much.