(1) The huge capital demand for my country's economic construction and a large number of high-quality investment projects provide a broad application space and material basis for ABS financing. High-speed economic growth gives my country's economy a relatively strong investment value.

At present, some large foreign financial intermediaries are even more optimistic about my country's ABS project financing market.

(2) Our country has initially developed a legal environment for ABS financing. The huge unit trusts, mutual funds, retirement benefits, medical insurance and other funds in Japan, Western Europe and the United States are growing day by day, reaching nearly one trillion US dollars, but these funds cannot be counted.

Enter the Chinese market.

With the promulgation of laws such as the Negotiable Instruments Law, the Trust Law, the Insurance Law, and the Securities Law, it is inevitable to develop the ABS financing model.

(3) The ABS financing method gets rid of the restrictions of credit evaluation grade and broadens the financing channels. The ABS financing method is also a private, non-governmental way and operates in accordance with the rules of the market economy.

As my country's financial market continues to improve, the ABS method will also be widely recognized.

So far, the ABS financing method has made it possible for our country's enterprises and projects to enter the international high-grade securities investment market through credit guarantee and credit enhancement plans.

(4) The use of ABS financing will help my country enter the high-end project financing field as soon as possible. ABS financing is financing through asset securitization and is also the future development direction of project financing.

Carrying out ABS project financing will accelerate the integration of my country's project financing with foreign capital markets and promote faster and broader development of our country's economy.

Entering the 21st century, the rapid development of the domestic economy requires a large amount of capital investment. However, traditional investment promotion and existing financing channels cannot meet the demand. The development of new financing channels has increasingly become an important issue for my country's economic development.

Under this circumstance, the ABS financing model will inject vitality into my country's capital market and become a realistic choice for project financing in my country.