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4 回声

Amazing 2020
In 2020, when COVID-19 outbreak came all over the world, China actively accelerated work and production
resumption. In the shadow of the global economy suffering from a heavy hit, China’s economy was the only
bright spot. In the past year, Chinese people lifted themselves out of poverty on schedule, marking the “Chi-
nese miracle” in the world history of poverty reduction. Some people said that it was a year of disaster, it is
better to get over. As well as we have gone through many trials and gained courage. We have persevered
in forging ahead regardless of wind and rain.

Not afraid of wind and rain
There is one group who stands on the road with a temperature up to 50 degrees and directs traffic in sum-
mer, and the one group who fights crime in the winter by crouching in cold cars. They are people’s refuge
in times of storm and they are the protectors in times of danger. In the days when the epidemic was raging,
they built a Great Wall for people’s lives and health. They are the adorable and respectable people’s police.

"Grassroots Banking"

Different types of Banks have their own strategic positioning and business model. In the past decade, the
rural Banks have given full play to the characteristics of “legal person” mechanism and increased the fi-
nancial supply to the local “agriculture, rural areas, and farmers” and small and micro enterprise. Its future
development opportunities lie in county economic development, inclusive finance, and institutional reform
dividends, while the challenges it faces are concentrated in competition in the industry, financial technology,
and brand recognition.

Why blind boxes are addictive
More and more people realize that the blind box economy has become an outlet. After Pop Mart, known as
the “blind box first share”, listed in Hong Kong, its opening stock price soared on the first day (December 11,
2020), and its market value exceeded 100 billion yuan, making it the first share of the domestic trendy play
culture leader. The 10th anniversary of the founding of Pop Mart has increased its net profit by 300 times in
two years, and its profitability is comparable to a “money printing machine.” So, what exactly are the blind
boxes that young people “buy”?

Yiwu City: Breakthrough in Adversity
In the last year, Yiwu, a small city in Zhejiang Province, deeply suffered from the industrial winter. In the
past, more than 500,000 foreign businessmen visited the Yiwu market each year. The lack of foreign
businessmen last year directly caused the “visible” depression in the 7 commercial cities. “I can only seek
stability this year, and I can’t expect to return to a normal level.” This is the most frequently words heard by
reporters in Trade City. “Export to domestic sales” seems to be the only way for Yiwu merchants to find new
business opportunities. However, this transition is not easy.