2017 saw China demonstrate the power of policy and marked great success in demand creation. Gas demand grew by 32 bcm, or 15% year-on-year. The increased use of gas has proved beneficial to air quality improvement. As China continues to look at clean energy including natural gas to achieve its long-term goal of improving living standards in the country, gas demand has bright growth prospects. Currently, gas accounts for 7% of China's total energy demand. We believe it will continue to gain share in the energy mix from that low base. In this update, we've revised up demand in 2020-2035 compared with our H2 2017 outlook, and extended the outlook to 2040.