Going forward, premised on security, liquidity and value preservation and appreciation, it will be our long-term objective to invest foreign exchange reserves sustainably. We will continue to implement the ESG concept in the course of investment and enhance the depth and width of ESG investing and risk management.
In addition to stepping up green bond investment, we will take active steps to try making sustainable investments through entrusted investment, cooperation with international financial organizations, or outbound direct investment via equity investment institutions such as the Silk Road Fund. And we will improve the framework for the analysis and assessment of risks posed by climate change to reserves investment.