 Hi, my name is Xu Wendell and I'm here to talk about the state of innovation. So there are five aspects of innovations mostly needed, including the public health, employment skills, natural energies and resources, information technologies, and the city and the society. So the main gaps of innovations mainly include the talents, also the policymaking issues, and most of the award is who is the right player into this innovation game. The private sector is actually playing a much bigger roles than before than the public sectors. Before maybe the local government would just jump out and making a policy or point a direction where the whole society is going to go. But nowadays with the technology development or with the more freedom of individuals and the private sectors, actually companies can be decisive like what kind of aspects they want to invest on or what kind of technology they want to bring into people depends on the mass public's needs instead of government's giving a directory policies. But after all, it's all about the encouraged difference and individualities in such a global sense of communities.