 So let me start with Mr Akita, Mr Akita, the floor is yours, I have asked all the panelists to speak about six, seven minutes before having exchanges and turning to the audience. Mr Akita, the floor is yours. Hi, thank you very much for having me here today. I'm sorry I couldn't come to the conference venue, actually when I was invited I get excited and I check all the information about Abu Dhabi from culture, restaurant and food and so on, as well as conference agenda. So I hope I can visit Abu Dhabi in the future. So, I will finish my process in six minutes, so I just want to make three brief points. First point is about the changing nature of US China rivalry. Second point is the prospect of that rivalry. And thirdly, lastly, is about what we should do to win this competition. So first point, changing nature of US China rivalry. Before the pandemic, I think that the rivalry was more or less about competition over the high tech and maritime security domain. But through this pandemic. Now we have a very important new element with this rivalry. That is fierce competition over the political system. In short, competition between communist party regime political system versus US democratic system. So now US generally believe that communist party regime is part of responsible to this COVID situation in the US or other country. And the US believe that if communist party allows freedom of press or press freedom of expression. Maybe Beijing could have avoided this situation and could contain the outbreak of the infection in Wuhan at earlier stage. So US perceive this situation as a program of the political system. On the other hand, China believe that US current situation is largely due to the former Trump administration's way to handle the COVID. Beijing now explained the narrative that communist party regime system is superior than US democratic system. So it seems to me that now it is this rivalry is beyond high tech or maritime security, but also to do with the political system. This is the first point. That's the second point. What is the prospect of this rivalry? I'm afraid to say that I think that Western countries are in less favorable position and Beijing is in a much better position now. Let's look at the economic front. China has signed mega FTA agreement with 15 Asian countries last year. It is called RCEP. Now China also apply the participation to TPP. We cannot underestimate China's willingness to enter TPP. On the other hand, US does not have any alternative economic strategy. US is not maybe willing to come back to TPP. So this is economic competition. And also on the military front, again, we have to admit that China is in a more favorable position as of today. China's military now deploys about five times more submarine aircraft planes and also warships than US military deploys in the Pacific. And according to the projection of US in the Peicombe, this military balance of power will shift toward China's favorable war in coming years. So second point is that we are not in a favorable position now vis-à-vis China. So that leads to my last short point. What should we do to win this competition? Obviously, we nearly need to have better common in the Pacific strategy to push back. We have in each individual country or EU now have their own strategies, but we have to have common strategy. But this is very, very difficult because this tolerance to counter China largely differs depending on Asian countries. For example, Japan and Australia can accept highest risk to counter China because we are the treaty ally of US and we are under the security umbrella of US. But on the contrary, Asian country, relatively small and largely rely on China economically, cannot afford to recent China. So accommodating all these Asian like minded country and proceed in the Pacific strategy is very, very difficult, but I don't think it's impossible. My conclusion is this. If we were to be, we were the painter, let's say. Maybe we should pursue georgio-sula point-rism painter's approach rather than alternate painter approach. That is, on campus, we placed dots on the important spots with like minded country. And accumulate those dots with aim to evolve to be ambiguous in the Pacific strategy. So that's dots includes high-tech or supply chain or consequential digital rulemaking. So this is approach rather than a portrait painter approach to draw clear picture, strategic picture and impose it to everybody. That's it. Thank you very much. Thank you very much, Mr. Akita, for your points on the changing nature of the rivalry between the US and China for the prospects. You argue that China is in the better position. So it would be certainly the good way to start the discussion with Renault who may have another vision and also for your proposal at the end.