Good morning everybody.

I am Chairman of APCEO in the U.S.

The subject of this summit is "to promote prosperity in Asia-Pacific region"

First I would like to thank Wuxi government. And I am very happy to, on behalf of APCEO association, congratulate the successful opening of this summit. I am very luck to witness Chin's rapid economic development. A great amount of foreign capital flowed into China which created many opportunities for the local companies. There will be more and more M & A in China in the future.