Resolution in the context of the Key attributes is a new concept that requires a paradigm shift. Going forward, resolution is about earlier intervention, preserving value, restoring confidence, and preventing ‘fire sale’ losses.
China has recently put forward the Global Data Security Initiative, calling for respect of sovereignty, jurisdiction and data security management rights. It is a basic principle to balance development and security. And we will enhance cross-border coordination to jointly promote a more open, fair and nondiscriminatory business environment. Ladies and gentlemen, The booming digital economy connects us more closely than ever before.