XU: Sustainable development is the main theme of the future civil aviation industry and surely is one of the new quality productive forces in the aviation sector. Replacing traditional fossil fuels with sustainable aviation fuel is currently a relatively mature solution for carbon reduction in the aviation industry. China has huge advantages in raw material acquisition, industrial foundation, united governance and great executive ability. Airbus has been applying and promoting the use of SAF in China since 2022, and we have started to use SAF for test flights and delivery flights in Tianjin. Airbus is also ambitious to work with stakeholders to build the SAF industry in China to promote the large-scale production and use of SAF.

　　Q3DeepSeek has been a buzzword and surprised the world starting this year. AI technology has been deeply integrated with various industries around the world. What opportunities do you foresee for your business from AI technology? What's your view on China's ability to sustain innovation in breakthrough technologies in the coming years?

　　HU: We see AI as a critical tool, not only for enhancing efficiency and risk management, but also for unleashing new industry opportunities, such as in smart manufacturing. UBS is actively embracing the transformative power of AI. Currently, we are rolling out 50,000 Microsoft 365 Copilot licenses globally, the largest Copilot deployment within the global financial services industry to date. With this, we are enhancing productivity and reshaping our business capability. DeepSeek demonstrates the ability for China to innovate in the technological field and could drive the growth of AI applications in many industries in China. We are confident in China's ability to achieve breakthrough innovations.