 I'll be very, very brief. I'm very happy to say that I've been participating in this WPC workshop on China for three consecutive years since 2015. I will also talk about trade and economic issues related to China. More specifically, I would like to ask several questions to our Chinese colleagues. Because they just finished the 19th Party Congress of the Chinese Communist Party, maybe details are not yet revealed, but still I want to raise some questions. Actually, numerous world media, news media, acknowledged that leadership of Xi Jinping and Xi has been definitely strengthened and predicted that the major policies, including economic policy, will be more effectively implemented. I would like to discuss a few issues related to international trade to my Chinese colleagues. First of all, I would like to start with the Chinese role and its leadership in the coming years. As Britain Xi noted, China will show a more proactive leadership in the international community. As we know well, the 11th Ministeral Conference of WTO will be held next month in the Buenos Aires Argentina. According to Geneva sources, a few issues regarding fisheries, subsidies, and agricultural issue will be seriously discussed at the MC-11. However, we also hear that there are still large differences among major participating countries. And also some news media reported that the US strongly argues that there will be no any agreements at all at the upcoming MC-11 due to typical negotiations. Furthermore, it is predicted that how to deal with the Doha Round in the future will be even included in an official agenda of MC-11. One more frustrating issue is that bacon members of the WTO appellate body cannot be filled due to the blocking of the selection process by the United States. We are concerned that this kind of incident that may hurt the credibility of the WTO function, settlement function, which has been fully respected by the members despite the long impasse of the Doha Round negotiations. I would like to hear the positions of China as the largest trading nation in the world on MC-11 and WTO appellate body situation and more generally on the current difficult situation of the multilateral trading system. Second, I would like to discuss about regional trade agreements. In response to the ineffective performance of the multilateral trading system, a large number of bilateral and regional free trade agreements have been pursued. Among the mega RTAs, only TPP was concluded but failed to be implemented because of the US decision to withdraw from it. Recently, trade experts and news media are suggesting that China should play a leading role in the RCEP negotiation, which are yet to be concluded and eventually informing of FTA-AP in the long run. However, based on the progress made so far, the RCEP is not expected to be a high standard RTA. I would like to hear from Chinese colleagues the major reasons for the slow progress of the RCEP negotiations and the possible Chinese leadership in the remaining negotiations. Third, I would like to discuss about trade policy of the US President Trump. President Trump is frequently saying that the US is seriously concerned with the excessively large magnitude of its bilateral trade deficit against China and argues this huge bilateral trade imbalances mainly due to unfair trade practices of China. Recently, President Trump has enhanced his criticism against the Chinese unfair trade practices, such as dumping, circumventing trade remedy duties, expert subsidies, violation of RPRs, and so on by saying that they are predatory. Furthermore, US is considering a Section 232 investigation based on the security concerns to restrict imports of steel and aluminum. The US is also examining its major trading partner, whether they are, as Professor Cooper mentioned, manipulating the currency in favor of the export and also US refuges granting the market economy status to China. Some trade experts are concerning that the trade disputes between US and China may lead the world trading environment to some kind of trade war. I greatly appreciate if our Chinese colleagues give us the Chinese view on the current US-China trade relations. Fourth, I'd like to touch upon China's future economic policy direction. After the conclusion of the party Congress, there seems to be an agreement that China's policy of reform and opening will be continued. However, I would like to raise one question on the future economic policy. During his speech at the party Congress, President Xi mentioned the role of state-owned enterprise will be strengthened in the future. Maybe I get the misunderstanding, but I thought that it may be contradictory to deepening market-oriented economic reforms. I would like to hear also the background of President Xi's statement on this state-owned enterprises. One more concern is that we are experiencing globally oversupply as well as over-capacity problems in certain sectors, such as steel. If certain industries enter into restructuring process, there will be some resistance from workers in those industries. Then the implementation of the market-opening policy may be facing difficulties and possibly delayed. I'd like to hear from Chinese colleagues how China is dealing with these kind of problems. Lastly, maybe Professor Zhao already mentioned a little bit. I want to hear more about the situation of expansion of free trade zones after establishing the first one in Shanghai in 2013 has been pursued. And the current state of China's bilateral investment negotiations with EU, if possible. I'll stop here. Thank you very much.