At present, there is still no realistic plan on how to involve the private sector in crisis resolution. In my opinion, the basic principle for private sector participation in crisis resolution is to work out a plan that will be acceptable to both the public and private sectors, and both investors and recipients. As for standards and codes, I want to emphasize two points.
One, the formulation and implementation of all standards and codes is aimed at promoting development and achieving prosperity for all, rather than merely implementing these standards and codes. Therefore, the formulation and implementation of standards and codes must achieve the objective of promoting economic development.