 Distinguished Professor Dali and all the experts, ladies and gentlemen, all the distinguished guests, good afternoon. With my six colleagues, we are very excited and proud to be part of the delegates coming from China, so it's my great pleasure to give you a presentation to share with you our best practices in terms of how we're realizing the value of ecosystem services. I will talk about our experience and lessons learned. So first, allow me to give you an introduction from two perspectives. So first part, I'll give you an overview of the city of Lishui. Lishui is situated in the south east of China, it's the most eco-friendly city in China. President Xi Jinping paid special attention to the city of Lishui. He paid eight visits to Lishui. He said that Lishui has freshwater and lush mountains, it's a natural beauty. He also said that the lush mountain and freshwater are invaluable assets, especially for Lishui. So Lishui is richly endowed with ecological resources, we strive for green development and we earned a lot of awards. It's called the national level ecological demo zone, it's called the national level climate resilient city, the international leisure and recreational city, the most beautiful city in China, a hometown of longevity, an excellent tourist city in China, the home of photography, a national civilized city. So both on the national and international levels, Lishui is leading the way. So first of all, Lishui has a very beautiful ecology, very representative of a Chinese city. We have beautiful mountain, freshwater, quality air and pleasant climate. We have so many beautiful mountains, there are over 3,500 mountains that are a thousand meters higher. The forest coverage rate is over 80%. We have really quality water, very beautiful mountains and over 95% of the surface water met a second level national standard. We also have quality air, the average concentration of negative oxygen ion per cubic centimeter is over 3,000. We have pleasant climate, the average temperature is 17.9 degrees Celsius, the average precipitation is 1599 millimeter, the average rainy days every year is about 166. So we have a typical ecological and liveable city, it's also named the only homeland of longevity in China. And second of all, Lishui says the example for green development, it's a typical mountainous city, the area size is over 17.3,000 square kilometers, over 90% of the cities are mountains. It's also the place of ethnic minorities. The Jingning County is the major settlement for the Shuo minority, it's also the only autonomous county for the Shuo people. In recent years, we have been striving for a very unique ecological development path. So regarding our area size, the average GDP as well as the average income per capita are all higher than the national average. So by studying Lishui's development, you can get a sense of China's typical city development and ethnic minority development. So Lishui provides a very convincing story in terms of ecological protection and green development. And third, Lishui is a historical city for arts and culture. We have a lot of historical and cultural treasures in Lishui. It's called a World Ceramic City. China's Longquan Saladong in 2009 was recognized by UNESCO as the Intangible Cultural Heritage for the ceramic firing technique. And also Longquan Sword is world renowned. In 2009, it was recognized as an Intangible Cultural Heritage by China. Also the Qingtian Stone carving is sold globally. In 1915, in the city of San Francisco, during the pandemic, the Pacific International Expo is given the highest award. In 2006, it was listed among the first batch of Intangible Cultural Heritage in China. Lishui also has the most densely clustered ancient villages with authentic South China style. We have over 158 ancient villages. It has a strong flavor of hometown, nostalgia. People have a strong emotional attachment to it. And the fourth, Lishui is a place to facilitate friendship and make bridges. Back to the Song and Yuan dynasties, a lot of people of Lishui, they traveled across the Maritime Silk Road and the brown Lishui's ceramics, forests, tea, and the mushroom all over the world. Since the 17th century, more and more Lishui people, with the ambition to promoting the culture, they travel across the world and make friendships. And they became the very earliest entrepreneurs outside of China. So currently, there are about 400,000 Lishui people living in over 130 countries and regions. And they are becoming the facilitators and the cultural promoters and the great contributors to world peace. And the second, the city of Lishui, I will talk about our best approaches in terms of how we realize the value of ecological products. So in the past, we have been working very hard to protect our ecology. And also, we try to transform our ecological resources into economic advantages. We hope to set a good example for the whole China and adding and maintaining the value of our natural capital. And first of all, we actually established a mechanism for value realization and formulate an institutional framework back in 2000. We proposed the concept of building the city upon ecology and promoting the city upon green development. And in 2008, the government proposed a Lishui City Economic Congress General Plan. And in 2017, we also established a green development and comprehensive reform innovation zone. We also proposed a certain drinking water protection law. And also over 95% of the district was actually considered as an ecological razor. And we build up a negative list for industrial development. Second of all, we focus on our ecological products and the services to build a market net. We hope to provide a very quality products and cultivate certain key projects. For example, we are promoting a global agricultural heritage, which is called aquaponics. We grow rice and fish at the same time in a symbiotic environment. We hope to realize the concept that 100 kilograms of fish, 1,000 kilograms of rice, and 10,000 yuan. We hope to promote our branding. We also registered the very first public brand, Lishui Shenggong. We established an international certification alliance to do the verification work. And we accomplished a supply chain development. And we had over 1,000 cooperative bases. Our agricultural products are sold in Beijing, Shanghai, and other 20 provinces and cities. The brand Lishui Shenggong in 2017, the sales volume is over 1 billion US dollars. The value of the brand is over 400 million US dollars. And we are also awarded the 2016 Innovation Award for Social Governance. We are also expanding e-commerce. We leverage internet to expand our sales channel. And there are over 13,000 e-commerce vendors in Lishui. And the professional staff, over 42,000 people, the accumulative sales is over 1.5 billion US dollars. Your success story was also talked about as a best practice for combining internet with agriculture. No, so we want to have different mortgages practices so that we can conduct rural areas financial reforms so that we can have green financing and credits over 1.5 billion US dollars. So as to provide the result for promoting the biological products in Lishui, thirdly, we want to focus on the value realization of the adjusting services of ecosystem and make an arrangement of development. So in Lishui, we pioneered the reform innovation of the river right. And we have the third year management to make sure about the river. And we also have been able to have 1,300 years dollars per kilometer of the river canal. So that this has been recognized as one of the top 10 water management practices in 2015. And also we have quality air, quality soil, quality climate, healthy food ingredients so that a lot of the businesses having attracted to look at here, for instance, Kowloon Farmers Institute of Lishui decided to come to Lishui and also acquired a local business, Guoxin Pharmaceuticals. Compared to other similar pharmaceutical businesses, Guoxin Pharmaceuticals Water Claiming costs have been decreased by 50% annually and also be able to reduce this net amount of feed by 60% yearly. Recently, this company also invested greatly in environmental protection equipment so that the energy consumption decreased by 90% so that we have a wing-wing Lishui story. And also in our agricultural climate, and we have quality certification, we have the tea leaves, apples, apple pears, and plums, and we have six different fruit species and 17 different batches of agricultural products. And, importantly, we are able to focus on the value realization of cultural services and ecosystem and promoting industrial coverage and convergence. We view Lishui City as a huge brand name, as a beautiful area and a great garden, and we have Lishui Shenzhen as a brand for tourism and promoting industrial convergence because we have the southern China as much of feelings and ecological ingredients as well as our humanitarian characteristics so that a lot of people and tourists come here to enjoy our bed and breakfast environment. So for our BNB GDP, we increased 40% annually, and for 11 consecutive years, we maintain a high growth rate of 25% year by year. And also we recognize as the most beautiful countryside as well as the China's most beautiful garden as well as other different wars around China. So we combine culture with tourism, and we have the Yellow Empire culture, Shizu Empire, wood carving culture, bubble song culture, photography culture, so that we can revitalizing our traditional industries, and we also develop these safeguarding efforts of our old and traditional houses, and we have been then recognized as the pioneer area for the national level tourism in this foreign innovation area, as well as the model area for tourism nationally. And our city also recognized July 29th, a Stakeological Inspiration Day of Lishui City, so that on that day, all the people from Lishui were talking about ecology, love ecology, to protect ecology in our ecosystem, and we want to make sure that the green ecological transportation and efforts will be promoted, green transportation, low carbon consumption, and we also reduce our carbon emission by 30,000 tons per year. Ladies and gentlemen, every expert, natural capital is the foundation to support global wealth. We need to have a valuation of our ecological products, and it's so important to make sure that we will be able to transfer natural resources into natural capital. We will keep doing this in Lishui, and we will promote further our mechanism of the model of Lishui City, so that we will provide even more success stories and vivid stories and cases so that we can jointly make efforts to sustain development of our human being. In closing, once again, I wish all success of this symposium, and you are deeply invited and welcome to visit Lishui City in China so that we can jointly work together to make sure that we'll have a sustainable future. Thank you so much.