*  *  *  Chairman Conrad, Senator Gregg, and other members of the Committee, I am pleased to be here to offer my views on the federal budget and related issues. At the outset, I should underscore that I speak only for myself and not necessarily for my colleagues at the Federal Reserve.
Today, I would like to share with you my observations on three issues. The first issue is mobilizing funds for a sustainable transition. Under the leadership of the CPC Central Committee and the State Council, the PBC has been working with relevant departments to improve the top-level design of green finance.