 Intellectual Property took centre stage here in Beijing this week. On June 20, the WIPO diplomatic conference on the protection of audiovisual performances got off to an excellent start. Negotiators from WIPO's 185 member states have made good progress in substantive discussions to finalise a treaty. The main committee adopted unanimously the 20 substantive articles of the proposed treaty to recommend those for adoption by the plenary of the conference. So far everything is on track and going exactly in the right direction. We still have other steps to accomplish of course but everything is very positive for the moment. Up until now the framework has been, international framework has been very comprehensive and it covers authors, composers, writers, artists and it covers musical performers but it does not cover adequately audiovisual performers or their performances. So that will be the major highlight, it will be a major step forward in granting international protection for audiovisual performances. In addition to the diplomatic conference there has been a flurry of activities including a number of side events organised by the Chinese government as well as a series of bilateral meetings. Honourable media, how do you do? It's a great privilege for me to meet you. Musical performers are protected, authors are protected, artists are protected but actors are not. It's just an historical anomaly and this is going to close that gap and give protection for actors. Yes I was doing the dubbing for the post-production right now. Now it's time for the official diplomatic ceremony, we'd like to invite Director General Mr. Gehry, Director Mr. Liu and of course His Excellency Mayor Guo Jinglong to cut the ribbon and officially launch tonight's event. And I can see the excitement that is surrounding it.