On November 5th, 2013, National Association of Financial Market Institutional Investors (NAFMII) held special services activities for members of Zhejiang Province in Hangzhou Xinqiao Hotel, lawyer Zhu Zhihui, our senior partner, was invited to the event. During the activities, Lu Zhengwei, the chief economist of Industrial Bank introduced the current objective economy and policy. Zheng Xinying, the deputy general manager of investment banking department of China Merchants Bank, introduced the recent situation and development trend of inter-bank bond market. Heads of relevant departments of the Association shared his experience about relevant business matters of issuance of debt financing instruments, and discussed with the members.