I looked at the eight ministries' document, but there is one document that everyone has overlooked. The CSRC issued the "Regulatory Guidelines on the Offshore Issuance of Asset-Backed Securities Tokenized on Domestic Assets." This guideline has several significant implications: 1. No matter how difficult regulation may be, RWA at least opens a door. 2. It basically means that traditional ABS-type products similar to those domestically can try to develop RWA. For example, accounts receivable between enterprises, financial leasing, REIT-like products (such as highway toll rights), and photovoltaic power stations. In theory, all of these can be pursued. 3. Commercial real estate might also be a possibility. There are also products like auto loan ABS (which may require consideration of data compliance issues). Essentially, most products that can be ABS in the domestic market could potentially be involved.