Moreover, China’s EMBA is also recognized by the international community. This Monday Financial Times published 2012 Global EMBA program ranking. FT has nine categories of ranking in business education. I noticed that out of the nine, mainland China’s business schools are ranked in six categories. In each of the five of six categories, only one or two mainland China’s business schools are ranked. Only in one category, EMBA, nine programs of seven mainland China’s business schools are ranked in top 100. Three of the top ten are mainland China’s business programs, and Tsinghua-INSEAD joint degree EMBA program is ranked No. 4 globally, the best ranking result so far by any mainland China’s business schools in any categories ranked by FT. This is in fact the first time Tsinghua ever participated in any FT ranking, and only five years after the launch of our EMBA joint program with INSEAD. Therefore I say, in business education, mainland China’s EMBA program is arguably one and only one program that is truly outstanding and claims the respect from the rest of the world.