On November 6, Mr. Hou Yunchun, Vice President of DRC, met with a delegation headed by Mr. Phil Gramm, former Chairman of U.S. Senate Banking Committee, and Vice Chairman of UBS Investment Bank. The two sides had an in-depth discussion on the US economy and the changes in the financial regulatory environment. Mr. Long Guoqiang, Director General from DRC’s Research Department of Foreign Economic Relations, Ms. Zhang Chenghui, Deputy Director General from DRC’s Research Institute of Finance, Ms. Jiang Xiheng, Division Director from DRC’s International Cooperation Department, and Wang Hui from DRC’s General Office, were present at the meeting.