Technology and finance helped the transformation and upgrading of the real economy in the post-epidemic era.

The sudden outbreak of the "Black Swan" crisis at the beginning of The Boxer at the End of the Sea surprised everyone. This is a national stress test on the real economy, government governance, enterprise management and people's lives.

Since it is a crisis, the natural crisis is also organic! Prime Minister Churchill said, "Don't waste a crisis". Where are the opportunities after the crisis? What has changed in COVID-19 and what has not? Today, I want to share with you the opportunity of financial industry transformation and upgrading in the post-epidemic era.

First of all, I want to share four observations about the impact of the epidemic on the current economy and society.

1. COVID-19 has changed the speed of economic growth, but has not changed the direction of deepening reform.

Although everyone is calculating the "economic cost of isolation". As an event-driven event, COVID-19 has accelerated the increasing proportion of the new economy in the high-tech industries represented by the seven major areas of "new infrastructure", and also helped the traditional high-growth economic model to leap into a new era of high-quality economic development. Therefore, COVID-19 has changed the speed of economic growth, but has not changed the direction of deepening reform.

2. COVID-19 has changed the organizational form of enterprise schools and promoted the further cloudization of business education.

We have all seen that "cloud office", "cloud group construction", "cloud education" and "cloud medical care" provide a big data foundation for economic digitalization and fundamentally change the behavior of enterprises and consumers!

3. COVID-19 has changed the government governance mode and accelerated the intelligent management of digital cities.

We also see that government governance and community management are rapidly becoming electronic, informational and digital. Real-time tracking and publishing of epidemic information and community epidemic control have been realized online and digitized. Other cities in Shanghai have also promulgated intelligent management to speed up digital cities.

4. COVID-19 has changed the proportion of online and offline entities and accelerated the integration and development of digital economy.

Family economy and non-contact economy have been hotly debated and have indeed happened. We have seen which industries are in short supply and which industries are idle during this isolation period. Express delivery, takeaway, fresh food, e-commerce, etc. They are all understaffed. It also recruits idle employees from other offline industries, resulting in a new model and new format of "flexible employment" and "employee sharing", which puts forward new topics for the future new labor relations and labor mobility market. The real economy continues to move from offline to online!

Based on the above four points, with the promotion of 5G and the Internet of Things, the scientific and technological development of the real economy will be further accelerated under the catalysis of COVID-19, making the real economy move towards an era of more scientific and technological, online and offline integration. However, how finance can serve the new digital economy needs to accelerate the transformation and upgrading of the technology industry.

I have three suggestions: technology and finance should be digital, intelligent and international.

Digitalization of technology and finance.

Let's focus on the great opportunity period of bank opening after the epidemic, especially mobile banking and microfinance!

2) Microfinance: IDC also predicts that by 202 1, 45% of banks will reach out to long-tail consumers and small and medium-sized enterprises by using machine learning, non-traditional data and cooperation with financial technology companies. During the quarantine period, small and medium-sized enterprises suffered the most. After the outbreak of COVID-19, many small and medium-sized enterprises need to resume their work and production as soon as possible. However, we also know that small and medium-sized enterprises are facing tight cash flow or shortage, and the contradiction between difficult and expensive financing will become more obvious because of the epidemic. In this epidemic, the most affected are the small and medium-sized enterprises in offline catering, retail, tourism and entertainment industries. In rural areas, because of the difficulty of material transportation, the digitalization and electronization of logistics also need to provide opportunities for upgrading the logistics field.

On the other hand, consumer finance will have greater opportunities for development after the epidemic. We see that due to the slow control of overseas epidemic situation, exports may be basically misfiring in the first half of the year and remain weak throughout the year. Consumption is extremely important to stimulate the economy! On the one hand, the online consumption scene broke out. With the aggravation of the epidemic, offline traffic almost disappeared, forcing online traffic channels to acquire customers through the outbreak of online consumption scenarios. On the other hand, consumer finance technology is becoming more and more important. During this epidemic, many consumer financial institutions have begun to exert the power of financial technology to enable users to obtain high-quality and convenient financial service experience. We see that even governments at all levels distribute electronic coupons online. After the epidemic, I believe that the whole consumer finance industry will be more aware of the importance of financial technology to the whole industry.

In the post-epidemic era, unmanned supermarkets, unmanned convenience stores, etc. It will accelerate their development and bring greater leap-forward development to the personalized service of payment industry and network finance!

2. Technology and finance are smart

Here we focus on two opportunities: smart insurance and smart investment.

2) Smart investment: Online investment transactions and smart investment will also usher in huge development opportunities. How to intelligently introduce incremental funds into the capital market and how to intelligently trade and invest online will accelerate the ecological development of direct financing in the post-epidemic era and effectively do a good job in asset risk pricing and market-oriented resource allocation.

3. Internationalization of technology and finance

Under the tide of digital economy in the post-epidemic era, online cross-border consumption in China will further bring huge imagination. With the control of epidemic situation and the recovery of consumption capacity, digital cross-border electronic commerce and new online consumption formats will emerge as the times require and develop more vigorously. This will also drive the integration and construction of the global logistics system!

China's ultimate digital user experience will also provide practical experience for overseas anti-epidemic and returning to work and production after the epidemic! Copying China's digital economy model and the experience from China will also be copied overseas. Although affected by overseas epidemics, the prevention and control of domestic epidemics and the rapid iteration of digital economy triggered by epidemics have once again shown us the great opportunity of overseas "China Replication" model and the innovative development space of technology and finance in the Belt and Road region!

COVID-19, unexpectedly, gave our whole country a sap at the beginning of the Year of the Rat, which made the whole country almost "stuffy" at home, but it also brought thinking and reflection, less agitation and more calm! The temporary pause is to correct the course, set sail better and start again! The whole world needs to "unite as one and overcome the difficulties together"! Today is the vernal equinox, and Wuhan and the whole country are welcoming it.

Come to "Double Zero" COVID-19 and grow up! We are looking forward to the day when spring blooms, and also usher in the turning point of China's anti-epidemic and the normalization of resumption of work and production! Seneca, an ancient Roman philosopher, also said, "We are waves in the same sea, leaves in the same tree and flowers in the same garden". Under the background of this community of human destiny, we can't be immune to it. I wish the global war epidemic a smooth sailing! We also believe that only by upgrading traditional industries such as finance through scientific and technological transformation can technology and finance help the recovery of the real economy, leap onto a new track of high-quality economic development, and promote the globalization of technology and finance, so that the world can avoid slipping into the quagmire of economic recession!

Related Q&A: Is Zhenrongbao reliable? Zhenrongbao is still reliable. Zhenrongbao has a complete investment guarantee mechanism, which can provide users with a safer financial management model. At present, the registered number of Zhenrongbao investment is close to 2 million, and its users are all over the country, which has attracted extensive attention from the industry and won unanimous praise from users. Of course, it also depends on what products you choose, such as fixed deposit, current deposit and quick investment. The income of different products is different, and the annualized income of regular products is as high as 8.5%; The expected compound annualized income for the current period is 5.49%; The expected annualized interest rate of quick investment is 5%+, and the maximum income can be doubled. Generally speaking, the income of Zhenrongbao is still relatively stable.

Related question and answer: the price of gold plummeted! July 2023 1 What are the gold prices of major gold shops? Since July 1, the price of gold has suddenly dropped a lot. Many people said in the WeChat group that the price of gold plummeted and rushed to buy gold ornaments. This time of year is very suitable for buying much cheaper.

My wife has long wanted to buy an ancient bracelet. At the beginning of the year, she asked the price. Many well-known gold brands are about one gram in 480 yuan, and the lightest bracelet needs more than 20 grams. She thinks it's a little expensive, and it's still unacceptable to spend more than 1 1,000 yuan on a piece of jewelry.

I heard that the price of gold has dropped this time, so I went to the mall to see how much gold is a gram. Is it cheaper than the beginning of the year?

July 1 What's the price of gold?

I went to the gold counter in the supermarket, and the salespeople said that the price had been reduced, but when I asked, 500 yuan started. Laofengxiang brand 508 yuan a gram, Leofoo 508 yuan a gram, Chow Tai Fook, Zhou Dasheng 507 yuan a gram, China gold 505 yuan a gram.

"Has the price really dropped? Isn't 480 yuan a gram on New Year's Day? How cheap is it to pay more than 500 yuan now? " The wife is puzzled, isn't it cheaper to reduce the price? Why is it more expensive than before?

"It's really cheap. This time, some brands of gold took off and landed one gram from 5 yuan, and some brands lost money from 2 yuan. This is the first price cut in the first half of the year! " The salesman explained patiently.

"On New Year's Day in 2023, the price of gold was relatively cheap. It was about 470-480 yuan per gram. In the first half of the year, the price of gold has been rising, up 5.6 times. At the highest time, in June, some gold brands rose to one gram in 530 yuan, so the price this time is really suitable. " The salesman gave a brief introduction to the price of gold.

My wife checks the price of gold from her mobile phone. The price of gold in June is really not low. On June 6, the price of gold reached its peak. The price of Zhou Dasheng brand gold is one gram in 530 yuan, one gram in Laofengxiang gold and one gram in 520 yuan, and the price of other gold in Laomiao is around 5 15 yuan.

"Gold is getting more and more expensive. Even if the price is reduced, it is much higher than the expected price. It seems that I can't buy this gold bracelet, "my wife said to me with some self-deprecation.

Why can the price of gold reach more than 500 yuan, while the recycling price is only around 390 yuan?

The recovery price of gold is only in 390 yuan, and the difference between the selling price and the recovery price is 120 yuan. Why is this happening? Why do we buy gold jewelry at 400-500 yuan/gram, but when we get it back, we find that the price is only about 390 yuan/gram? What is the reason? Why can't 390 yuan buy a gram of gold?

The recovery price of gold is based on the gold price in the gold market on that day, and the manual fee, processing fee and brand premium when buying gold jewelry will not be calculated. Moreover, when the gold market falls, the recovery price of gold will be lower.

The recovery price of gold is lower than the gold price in the gold market, and gold recovery merchants also have to make money. Therefore, the higher the selling price, the higher the recycling price, and the bigger the price difference, so individuals can't buy cheap gold.