I'd like to tell everyone, the next change in the (yuan exchange rate level) is happening everyday. Every hour it is going on.

The next adjustment will come in the foreign exchange market.

If we sell large quantities of U.S. treasuries, it would cause the price to plunge. We're not going to do that.

The yuan is no longer pegged to the US dollar and will not see further official adjustment.

So there is no need to rely on administrative adjustment any more.

I hope to see an integrated solution created to deal with both the local pollution problem and the global climate change problem.