We hope the event is the just the beginning of credit knowledge dissemination and the improvement of credit awareness. The PBC will continue to support and actively engage itself in the building of a credit system in Beijing so as to push forward the reform and development of Beijing’s financial sector.
You can’t have liked that. We have taken some enormous steps forward with the European resolution authority and our banking supervision. But we haven’t yet reached our goal. For instance, European banking supervision is still lacking some tried and tested tools to be able to act more quickly and effectively.