However, we are encouraged by the strong potential and opportunities in the markets and truly believe that long term investors can benefit from having exposure into the market. How could this impact the overall Chinese economy? There are currently over 3,000 listed stocks in the A share market—some of which have unique business models that can't be accessed by tapping overseas listed companies which can help add diversification benefits to global investors. By including A shares to MSCI's global indices, it will introduce additional investors, i.e., global institutional investors who are fundamentally long-term in style, which will help China's markets to be more healthy. Will this move make the MSCI index more compelling for investors? In the past, the exclusion of A-shares deprived index-based foreign investors the unique opportunity to directly participate in companies that are benefiting from one of the most dynamic economies in the world.