We hope investment will slow down because eventually, that growth won't be profitable.
The investment picture is still pretty bright, and as long as investment continues to be strong, production will likely remain strong.
Retail sales growth is mainly driven by higher volumes, and the pricing power of retailers remains quite limited because of competition.
I think it's a good gesture. The government is showing concern about the financial industry especially with some of the smaller brokers complaining about the lack of business.
Developing a more diversified income base, whether it is fee-based or from trading, is always a good strategy. Interest rates will remain low in China and Bank of Communications needs to develop more retail products.