In the past three years, China has ensured a relatively stable life by taking precise measures for pandemic prevention and control, therefore has achieved an average annual economic growth rate of about 4.5 percent, higher than the world average of 1.8 percent.

Looking ahead to 2023, the global economic recovery still faces huge challenges. China's modernization drive, which is recovering from the pandemic and external impacts, must aim at high-quality development, with growth focus on both quantities and quality. I firmly believe that all of us will continue to work hard, move forward boldly and create a brighter tomorrow.

With the completion of the construction of backbone rail transit networks in cities, sustainability of rail transit infrastructure has emerged as a daunting challenge for all operators and local governments. MTR Corporation, one of the few rail transit companies in the world that is able to sustain profitability, is willing to work with governments at all levels and industry peers to contribute to the sustainable development of rail transit systems and the high-quality growth of the overall Chinese economy.