It seems, however, that firms, seeking to boost production capacity so as not to miss the opportunity to increase profits in the global market, are maintaining their cautious scrutiny regarding the profitability of individual investment projects, having become more exposed to the discipline of the capital market. Against this background of growth in domestic and external demand, production is on an upward trend.
My response to this question is that while the Basel III reforms are set to be finalised by the end of the year and while there are no further reform plans in the policy pipeline, I feel we should frame the overall question a little differently.