From the digital RMB red envelope, we can see the development opportunities in the next 10 years

Recently, Beijing issued 10 million digital RMB, and Shenzhen also issued 10 million before. Many cities will join the ranks of digital RMB in the future. Digital RMB is a legal currency in digital form issued by the People's Bank of China, operated by designated operating institutions and exchanged to the public. For us, it is similar to Alipay and WeChat payments. Anyway, there is a bunch of data on the phone, but it is different for the monetary system. This is not the scope of our discussion.

Digital RMB is a legal mobile payment. This is of far-reaching significance, especially in light of the current epidemic situation. Looking back at the past 20 years, or to be exact, 2017, in 2003, SARS was rampant and everyone could only stay at home, so online shopping and online office were born, and the emergence of Alipay provided a reassurance for online shopping. It solved the problem of fund security in online transactions. Over the next decade, until now, everyone can witness the tremendous changes in the development of China's e-commerce. At the same time, it has also spawned many industries, including e-commerce, express delivery, mobile payment, peripheral payment, and so on.

History is surprisingly similar. From last year to now, the epidemic has been raging for more than a year. We don’t feel anything in the epidemic oasis in our lives, but people abroad may not be so well off. Although the epidemic is not over yet, it will end eventually. This is inevitable. Human beings have overcome countless natural disasters for thousands of years. This is beyond doubt, but how to rebuild after it is over is a problem. I think it is very likely that the whole world will replicate China’s development over the past decade.

This can also be further verified from official data in 2020.

With the continuous vaccination, the end of the epidemic is just around the corner. In the future, exports will certainly increase greatly. Because only when China is peaceful and prosperous and all production activities are normal, China will once again take up the banner of the world's factory and do its part to work with people all over the world to get out of the shadow of the epidemic. If poor, China will take care of itself; if rich, China will help the world. This is the nobility in the Chinese bones.

Then, several industries should have attractive development opportunities.

1. Cross-border e-commerce is just like opening an online store in the past. Moving from offline to online is also an opportunity for a reshuffle. In the past ten years in China, the business model has basically been solidified. Many top stores have been enjoying the top dividends, while the bottom stores have been ignored.

2. In the express delivery industry, cross-border express delivery will certainly become like domestic express delivery. For cross-border shopping in countries with good hardware facilities, next-day delivery will become as common as same-day delivery. Narrowing this gap is a great opportunity.

3. Mobile payment is our current digital currency. How can we talk about trust across the screen? It must be endorsed by an authoritative third party. This is more of a national-level competition.

4. Related upstream and downstream industries. For example, in cross-border e-commerce, art design, operation, advertising search, factories, express delivery industry, sea, land and air transportation, and then the coordination of various links, technology update management. Mobile payment, technology development and maintenance, testing, security, terminals, etc.

Let's wait and see. When the time comes, you can buy a bottle of European wine in the morning and drink with it in the evening. Going abroad is just like going to China now. With a mobile phone in hand, you can go anywhere. Maybe you won't need a mobile phone at that time. You can pay by face recognition, voice payment, or other payment methods. You can just be there in person.

History will not repeat itself, but it will be surprisingly similar, because human nature has not changed for thousands of years. There is nothing new in the world.