As China's financial sector further opens up and its foreign trade witnesses exponential growth, the need for international financial transaction will naturally skyrocket. And we want to grasp this chance.

The opening-up (of the financial sector) will bring mounting pressure on the domestic banks, which will motivate them to improve their management.

In this area, SWIFT can also play a constructive role by introducing to Chinese banks the internationally-proven standard and global best practice.

And we want to double that figure in the next three to five years.