Every time we see the global financial crisis happen, it is the industry trend in the next stage. Compared with this new crown virus epidemic, SARS has a far greater impact on China than the world. When SARS occurred, the entire Guangdong Province of China, including Shenzhen, was shut down. In fact, even Beijing was shut down. But in fact, China’s e-commerce has risen from that time.

China’s e-commerce rises after SARS

Before 2003, many Chinese e-commerce was actually B2B. Alibaba started out as a yellow page and a B2B directory. Taobao was launched in 2004 and Alipay was launched in 2005. SARS will cause a great impact, allowing enterprises to transform and new economic models will arise.

For example, we often compare the new crown virus epidemic with SARS, which is often disease to disease. But looking at the next level, the industrial model is likely to change because of this. Obviously, I believe many people have seen this wave. After the New Crown epidemic, few people now go out for meetings. Schools are closed. Try not to meet with clients when visiting. How to do? Get online.

Before last year, although everyone talked about 5G, it was still a very vague topic. Because no one has tried, most people haven’t. Want to say that online mobile phone chase 4G is enough, what is 5G? But after the new crown virus epidemic came, everyone found that 5G is likely to be a necessity in the future.

5G applications may be implemented early due to the epidemic

5G can be used, for example, in long-distance video or office or telemedicine, if you do not have high speed, low latency, high resolution, that telemedicine can not reach. An X-ray is placed on the current 4G architecture, and the doctor can see it. It may be blurred, but he must do it on 5G. With its low latency and high resolution, condition judgment can be done in the 5G world.

Communication between people is slowly becoming a contactless economy. Do n’t dare to deliver. Think about it this way. If the cars running on the road are all self-driving cars, all delivery robots or drones are delivering, these can only be achieved by wider broadband and 5G conditions.

In fact, the automobile industry is the first to bear the brunt of the 5G era, because unmanned vehicles need this thing most. He may have to spend another 10 years on this thing. It may catalyze the epidemic of the new crown virus. It will happen in another 3 or 5 years because of the market Demand came out.

In the past, as of the end of last year, in fact, various companies including 5G, artificial intelligence or software investment have continued to make. But until the end of last year, the average company was still investing less than 20% of his annual capital expenditure, which was slowly investing. Now that the new crown virus epidemic, let investment 5G speed up, otherwise a famous restaurant, usually guests, come now if the guests do not come to the restaurant, what should I do? He is going to do this on someone else ’s platform, and that ’s something he had n’t thought of in the past 10 years, or he had thought about it. Originally it was done slowly, but the impact of the new crown virus epidemic, now the hotel is facing no guests, no cash flow, what should I do to maintain it? We have to sell things in new ways.

Investors should take a quick look at the next industry trend. The new crown virus epidemic is the same as the financial tsunami and the Internet bubble in the past. You must repair the damage caused by the epidemic and introduce corresponding measures. Whether it is policy or industrial technology, the industrial technology changes caused by the new crown virus will Far more important than policy.

The corresponding strategy during the financial tsunami was policy changes, such as the US government restricting investment banking operations, or some flexibility in monetary policy. However, if the new crown virus epidemic is solved by financial means, as much as the FED cuts interest rates or releases so much funds, it may stabilize the situation in emerging markets, but it cannot solve the problem. Because financial markets use money to solve, the new crown virus epidemic has to be solved with drugs. This will certainly happen because of the economic model change caused by Wuhan pneumonia.

From the perspective of the financial industry, our contactless economy may grow explosively.