As everyone knows, there is an imperial city with Chinese architecture in Vietnam. According to legend, this imperial city was modeled after the Forbidden City of China. Being in this imperial city is like being in the Forbidden City of Beijing.

This imperial city is located in Hue province in central Vietnam. It was built in 1802 and has a history of 219 years. The capital of the Nguyen Dynasty at that time was set here and it was the center of the country. The imperial city built after imitating the Forbidden City has been listed as a World Heritage Site, and Chinese characters can be seen everywhere in the scenic area.

The existing large-scale building complex in Vietnam is called the “low version” of the Forbidden City, and Chinese characters can be seen everywhere. The appearance of buildings such as the Hue Imperial City in Vietnam is not unexpected, and its roots can be traced back to ancient times. Thousands of years ago, Vietnam was only a county in China. After the Nguyen people established the Nguyen Dynasty, they attached themselves to China and became a dependent country of China.

The long-term affiliation has made the native Vietnamese culture influenced by China, and has developed belief and admiration for Chinese culture. The Chinese characters in the imperial city are enough to illustrate this point.

The imperial city of Hue is second to none in Vietnam’s ancient architecture. Its majestic structure, exquisite carvings, and long history add a sense of weight to the imperial city. Although the artistic presentation and charm are not as good as the Forbidden City of China, its importance is enough to be listed as a World Heritage Site.

From the outside of the imperial city, the entire building structure is almost the same as the Forbidden City. It is even suspected that this is a low-profile version of the Forbidden City of China. The square outer wall envelops the imperial city, and mottled marks can be seen everywhere. After years of wind and rain, the moat is overgrown with weeds and vines grow wildly, but the river is still crystal clear. Four city gates are embedded in the damaged wall. The main gate is the Meridian Gate. Only the emperor with high authority can enter through this gate. The other three gates are side gates. When Wumen entered, the eyes suddenly opened up, the red walls and yellow tiles set against each other, as if there was an invisible force pulling the line of sight, even though the wall was heavily filthy, it still couldn’t hide the light it exudes. There are not only square doors, but also arched doors. Ancient Vietnam, which was deeply influenced by Confucianism, was also very particular about the structure of the city gates. Confucianism pays attention to the harmony of the mean, the ethics is orderly, there is a garden in the square, and there is a square in the garden. The city gate has not only regular square gates but also round arches, which also confirms the ideology of Confucianism. Looking up, the overhanging eaves and the golden dragon carvings on the roof are vivid. On each overhanging eaves, there is a dragon curled up and crawling, looking at each other, as if guarding the imperial city. The body, hair, and tail fin of each dragon look like they are inlaid with colorful gemstones in the distance. The dragon is a symbol of China’s power, nobility, and honor. Dragons in the imperial city can be seen everywhere and built with a lot of money. It is not difficult to find that the infiltration of Chinese culture into Vietnam has been integrated into the national blood. Going deeper, you will find dragons everywhere. The door made of four stone pillars is full of dragons. The scene of the two dragons playing with beads on the roof of the main hall in front is extremely meticulous, and the craftsmanship is greatly admired. The imperial city and the Forbidden City of China not only have the same architectural structure, but also the palace inside. There are not only the place where the emperor and concubines live, but also the office of the emperor. The Palace of Qinzheng is the office place, and the Hall of Yangxin is the place where the emperor lives. The prince’s bedroom was called the Guangming Hall, Kuntai Hall, and Yanshou Palace was the residence of the Empress Dowager. In addition, the palace of the concubine is not explained one by one. Turning to the outside of a certain palace, there is an incense burner placed in the center, and three thin corners drag the arc-shaped incense burner. It is not like the small incense burner in the temple that can be held by hand. This incense burner is so big that two people can carry it. Do not move. The promenade in the imperial city attracts the most attention of tourists. A long corridor is red, with red pillars and golden carvings. Not only is the magnificent magnificent and the fineness is astounding, such a perfect artistic presentation can’t help but make people fascinated. Stayed for a long time, looking for traces of ancient people walking thousands of years ago. From a distance, there are several palaces with yellow walls. There are hollow carved windows in the walls and wooden pillars inside. They don’t look like imperial cities, but the appearance of temples. There is not only the imperial garden in the Forbidden City of China, but also in the imperial city of Hue. Walking along the cobblestone path towards the imperial garden, the imperial garden is right in front of you. Unlike what I imagined, there are no flowers in the imperial garden. It can be said to be a piece of grass. Perhaps thousands of years ago, the flowers were clustered and full of vitality, but now it is dilapidated and weeds grow wildly. Looking around the entire imperial city, there is not only a dragon but also another mascot, the Kylin, Golden Dragon and Kylin both represent good luck in China . The small details in the imperial city can show the mutual penetration of Chinese and Vietnamese cultures. Although many palaces remain intact in the imperial city, some of them are damaged. Even because of the war, only ruined walls were left, and they are now being gradually constructed. In the strong contrast with the magnificent palace, this ruined wall can’t help but make people sigh. The long time makes the past glory indifferent in history. This is also understandable. Looking at the ancient buildings in the long river of history, fortunately, they can be completely preserved in the withering and falling after the years have settled for the world to admire, and further explore their intrinsic value and significance. What has not been preserved, or only fragments are left, can only rely on literal memory to imagine the evidence of its existence. After the rain, the imperial city appeared empty and quiet, and every part of the imperial city was full of tourists. The heavy emptiness of the imperial city replaced the laughter of tourists, and the strong sense of history directly hits the depths of the tourists’ souls through these buildings. The collision of historical buildings and souls has injected a trace of fresh blood into this imperial city, instead of being dull and empty. In order to give visitors a first-hand experience of the past scenes of the imperial city, at the same time of the day, local actors will dress up in Nguyen Dynasty costumes for performances, which makes visitors feel like they are in the Nguyen Palace 200 years ago. . As if the undamaged Hue Imperial City is right in front of you, the red walls and golden tiles of the imperial city at that time were shining, the moat water was crystal clear, the palaces were elegant and comfortable, the imperial garden was full of flowers, the vegetation was prosperous, the pebbles were smooth and shiny, everything They are all very different from now. Although today’s imperial city is not as perfect as imagined, history has given it a sense of vicissitudes and unique flavor. The entrance fee to the Hue Imperial City is relatively high among all the attractions in Vietnam. Many tourists flock to it because it resembles the Forbidden City of China. Are you willing to spend a little money to experience the Hue Imperial Palace hundreds of years ago?

The first episode of the five-episode large-scale political film “The Look of You” in the centenary of the founding of the party “Faith” Faith is the spiritual “calcium” of communists. From the bloody revolutionary war period to the arduous new era of socialism with Chinese characteristics, for centuries, the Chinese Communists have always strengthened their ideals and convictions, united and led the people to overcome difficulties and invincible. This kind of power travels through time and space and becomes stronger over time, illuminating the way forward and enlightening the future. At the beginning of the 20th century, China was dying and distressed. In the days of wind and rain, the first full Chinese translation of the “Communist Manifesto” was published, like a flash of lightning, piercing the dark night. The founding of the Communist Party of China promoted Marxism toward factories and mines. In the face of heavy oppression, more and more workers have picked up the “Communist Manifesto”, took the initiative to absorb progressive ideas, and draw on the strength of struggle. People also brought pamphlets with the head of the “big beard” to the countryside. The seeds of faith began to take root in the fields. In those days, no matter where they were, many people were using their own methods to pursue the brightest in their beliefs. In 1927, the Kuomintang, which betrayed the revolution, blatantly “cleared the party against the Communist Party” throughout the country. Zhang Chaoxie, then the head of the organization of the CCP’s Yongxiu District Committee, was killed by bandits. Wang Jingyan, who studied far away in Moscow, resolutely returned to China and continued his revolutionary career where her husband had struggled before his death. Wang Jingyan and the male comrades travelled through the mountains and rivers to carry out rural work. Within a year, the county’s Communist Party members grew to more than 400. On a rainy night full of thoughts, she lightly chanted the lyrics “I and You” that she and her husband wrote together, “Great ideals and common ambitions, let us live and die together, I am you.” In June 1928, 26-year-old Wang Jingyan died after being arrested. When Fanghua was 25 and 26 years old, why did Zhang Chaoxie and Wang Jingyan take care of their lives and revolutionize them at their own expense? Later generations tried to understand their beliefs and choices from the letters. Countless young soldiers of the Red Army have traded their young lives for the hope of the Chinese revolution. And most of them couldn’t even leave their names. In 1934, when the Red Army assembled, the 17 brothers in Ruijinhuawu Village, Jiangxi once planted 17 pine trees, telling their families that “seeing the pine is like seeing the person”. They rushed to the battlefield and never returned. Today, these 17 “trees of faith” are still thriving. At the beginning of the founding of New China, one was poor and the other was in vain, and a hundred waste was waiting for prosperity. People embark on a new Long March road. The 26-year-old “Han of Coal” Ma Wanshui responded to the call of the state and came to Hebei Longyan Iron Mine, which supplies much-needed resources for large-scale construction across the country. Yu Changqing, former member of the “Ma Wanshui Group” recalled, “He wielded a 12-pound sledgehammer, and later hit 800 and 1,000. Others won’t work for three or two minutes, and Ma Wanshui’s eye is five or six minutes. His strength is too great.” The real and imminent sense of crisis pushed Ma Wanshui forward. This persevering Communist Party member firmly believes that the hands of workers will eventually build a modern socialist China. Sixty years have passed, and the Ma Wanshui team, which initially had only 18 people, has stepped forward step by step, went abroad, and developed into a company with an annual output value of nearly 300 million yuan. The journey of the road is consistent. The river of history continues to rush forward. In 1977, 19-year-old Huang Danian went all the way north from Guixian, Guangxi to Jilin University. On the days when the snow was flying, he wandered in the sea of ​​knowledge in the thin clothes, hungry and thirsty, not feeling cold at all. When graduating from undergraduate, Huang Danian wrote a farewell message in the notebook of his classmates. Just 9 words, it’s as heavy as possible. The scorching faith, supporting all the efforts and fatigue of these years, has long been melted into the core of his life. Huang Danian’s return to China promoted China’s entry into the “Deep Earth Era” and took five years to complete the 20-year road of developed countries. The hero has no regrets, this Communist Party member who pursues ideals and sticks to his faith all his life dedicated his most precious life to the motherland where his dreams started. Several generations of communists have succumbed to the road, worked hard, and passed on from generation to generation, never giving up. This belief originates from the scientific theory of Marxism. Today, the same belief is resonating in the “back wave.” Time flies, the world on the map has undergone profound changes in a century. The gleams of light in the long chaotic night have now converged into a dazzling galaxy. The vicissitudes of Linggu, the original intention remains the same. No matter what era, the Communists’ determination to pursue their ideals and serve the people has never changed, and their beliefs have become stronger over time. Producer: Sun Chengbin and Liu Gang Planning: Li Keyong and Li Zhongfa Producer: Sun Zhiping Executive Producer: Zhang Pingfeng and Li Jie Director: Li Yaguang Main camera: Guo Gang and Li Haiwei Camera crew: Fan Junwei, Jiang Mingming, Rao Rao, Kong Linghang, Li Yuhui, Tan Guanghua, Yang Fan, Yue Wenting Huang Hexun, Cen Zhilian, Liu Bin, Wang Yiwen, Li Xiaobo, Wu Feizuo, Pan Xu, Feng Yuan, and Li Tao Camera Assistant: An Feiyang Tan Yifan Yang Yuhua Liu Jiajun Academic Advisor: Jin Minqing Luo Pinghan Feng Lixia Lai Desheng Vision: Xia Yong Commentary: Wang Shuailong Calligraphy: Huang Qiuyuan Special thanks to Central Party School Central Party History and Literature Research Institute Institute of Modern History, Chinese Academy of Social Sciences Thanks Wang Jingyan Organization Cadre College China Huaye Science and Industry Group Co., Ltd. Filming Xinhua News Agency Audio and Video Department

Since the beginning of 2021, the world has experienced a series of large-scale cyber attacks. (Source: Reuters) In an age where technology is creeping into every aspect of life, the term cyberattack is not new. Many people think simply that a cyber attack is an attempt by a hacker to steal data or money by infiltrating a computer network, databases, network infrastructure, websites, and devices. individual or organization. But now, hackers have found a way to make a lot of money illegally by attacking physical infrastructure targets, disrupting essential services, affecting not only to a person, a company that can spread to an entire city, even a country. Cyberattacks on the rise Over the past time, the US has continuously suffered from ransomware attacks targeting large companies, non-governmental organizations and government agencies. Most recently, on June 2, a ferry terminal operator service in the US state of Massachusetts became the target of a cyber attack, partially disrupting the ferry service payment system. Previously, hackers attacked the world’s leading meat processing group JBS SA, a branch in the US. In early May, the largest US oil pipeline operator Colonial Pipeline was also attacked by ransomware and forced to shut down some systems, disrupting supplies and pushing gasoline prices to record highs. green. Not only the US, the targets of hackers are very diverse. According to data from cybersecurity company BlackFog, from the beginning of 2021 to the present, US organizations and businesses have suffered 52 ransomware attacks, three times higher than the second-ranked country, the UK (16 (16). competition), followed by France (7), Canada (7), Australia (4), the Netherlands (4) and India (3). The rest of the world suffered only 39 attacks by hackers. Danger wave According to CNN, hacker groups have found that attacking critical service infrastructure can easily make them more money, in less time. These types of attacks have the potential to cause chaos in life, which can lead to product scarcity, push prices higher… The bigger the disruption, the quicker the hacked companies pay the hacker to fix the problem soon. The US Cybersecurity and Infrastructure Agency (CISA) has listed 16 industries as critical infrastructure sectors, including energy, healthcare, financial services, water, etc. Attacks, disruption of these industries can have a dramatic impact, undermining the US economy and security. More dangerously, most companies in this industry do not consider themselves technology-focused companies, leaving the operating system defenseless against increasingly sophisticated attacks by hackers. In addition, it is no coincidence that cyber attacks have increased sharply in the context of the raging Covid-19 pandemic. Millions of people move to remote work, including employees with access to critical infrastructure, while ransomware is deployed simply by enticing victims to click a link in an email. . Eric Cole, a former cybersecurity official under President Barack Obama, said that in order to promote automation, the internal networks of critical infrastructures are now networked and make the risk more risky. higher attack. In particular, hospital systems and healthcare providers are often targeted because they are busy dealing with Covid-19 and have little time to update their defenses. In response to this new wave of danger, on June 3, the White House sent an open letter, asking essential service companies to “consider ransomware as a threat to our core business.” themselves, rather than simply risk data theft.” US Commerce Secretary Gina Raimondo on June 6 asked the private sector of the country to be vigilant against the increasing wave of cyber attacks, and said that the threat is always present and even present. may become more severe. In order to protect your safety as well as your wallet, according to CNN , not only the US, companies, organizations and agencies also need to quickly close potential vulnerabilities in the system, update software and ensure that the most important functions are “immune” from damage. network attacks. Individuals also need to be cautious and alert before clicking on any link on the internet.

US soldiers take part in a joint exercise called African Lion in Grier Labouihi, Morocco. (Photo: AFP/VNA) U.S.-led forces are conducting the operation joint exercise with Morocco, entitled “ African lion .” According to the Africa Command (AFRICOM) under the US Department of Defense, more than 7,000 troops come from 9 countries and the North Atlantic Treaty Organization (North Atlantic Treaty Organization). NATO ) is participating in the exercise that started on June 8 and is expected to end on June 18. In a notice posted on the website, AFRICOM confirmed that this is the largest exercise of this force. The exercise aims to enhance combat readiness for the US and partner countries. The exercise was conducted mainly across Morocco, from Kenitra Air Base in the north to the Tan Tan and Guerir Labouhi training grounds in the south. The exercise includes many contents, including training on land, in the air and at sea; tactical simulation; training in commanding and combating violent extremist organizations; defense in cyberspace. In recent days, the soldiers have participated in many activities, including patrolling off the Canary Islands of Spain and the air force conducting training exercises. Africa Lion 2021 is one of the large-scale exercises co-organized and directed by AFRICOM and the Royal Moroccan Armed Forces aimed at enhancing cooperation and training, interoperability and promoting cooperation. promote the exchange of experience and knowledge between different military units to achieve the best combat ability.

Thu Cuc health system TCI is a medical unit in the North with foreign investment. In August 2020, Vinacapital Investment Fund poured capital of 26.7 million USD, equivalent to nearly 617 billion VND. From this capital, Thu Cuc TCI quickly realizes the strategy of “covering” high-quality medical services across the country. Currently, Thu Cuc TCI Medical System includes 3 facilities: Thu Cuc International General Hospital (286 Thuy Khue, Tay Ho), Thu Cuc International General Clinic (216 Tran Duy Hung, Cau Giay). and Thu Cuc General Clinic (32 Dai Tu, Hoang Mai). These are all large-scale medical facilities, located at three key gateway locations of the capital. Thu Cuc International General Hospital was established in August 2011, as the first facility and precursor of Thu Cuc TCI Health System. The 11-storey hospital is located on the edge of West Lake, which has been a familiar medical examination and treatment address for many years for people in Hanoi and neighboring provinces. The remaining two facilities have an area of ​​​​more than 7,000m2, equivalent to a large hospital. In which, Campus 216 Tran Duy Hung was established in March 2019, including 7 floors, located at a trade location, convenient for travel, and Campus 32 Dai Tu was established in March 2021, located at the southern gateway of the capital where there is a busy trade density and an increasingly dense population. Campus 216 Tran Duy Hung – on the left and Campus 32 Dai Tu – on the right. The facilities of Thu Cuc TCI all have airy and harmoniously designed spaces. The clinics and treatment rooms are spacious, clean, comfortable, self-contained, ensuring privacy for patients. The waiting area for examination is arranged with many trees to bring a feeling of comfort and relaxation. The waiting area is arranged with many trees to create a pleasant feeling for patients. Thu Cuc TCI owns a strong team of experts including many leading experts and doctors who directly examine and treat a variety of diseases in different specialties such as: general internal medicine, cardiology, hepatology, urology. , neuroendocrine, endocrinology, digestive, musculoskeletal, otolaryngology, eye, dermatology, pediatrics, obstetrics and gynecology, oncology, laboratory, imaging, functional exploration, endoscopy, surgery faculty… The team of leading experts at Thu Cuc TCI held interdisciplinary consultations to avoid getting sick. In addition, the entire system of medical machinery and equipment at Thu Cuc TCI is synchronously and modernly invested, such as an MRI system, a 128-series CT scanner, a Power express automatic robot test, 300x magnification NBI endoscope, 5D ultrasound, one-way sterile operating room system, etc. Thu Cuc TCI owns the Power Express automated testing system which is being applied at 12/17 leading hospitals in the US. In addition to the investment in 286 Thuy Khue facility, 2 other facilities of Thu Cuc TCI are fully equipped with modern medical machines and equipment to form a closed examination process. As a result, cases requiring inpatient treatment, major surgery, and childbirth will be transferred from facilities 32 Dai Tu and 216 Tran Duy Hung to Thu Cuc International General Hospital. Shipping is completely free. Many outstanding benefits when choosing a large-scale medical facility Visiting large-scale facilities such as Thu Cuc TCI gives patients the opportunity to detect diseases through just one visit. That is thanks to a team of leading experts in many fields and the application of interdisciplinary consultation. Combined with a system of modern equipment, it helps to diagnose the disease quickly and accurately, detect potential diseases, treat on target, not miss the disease. At Thu Cuc TCI, the test results and diagnoses are recognized in case the patient is transferred to other major hospitals. This result can be used immediately without rework, significantly reducing costs, time and effort for the patient. In addition, patients are also guaranteed maximum health insurance benefits thanks to the application of “2 tiers” of insurance, namely Health Insurance and Guarantee Insurance. Medical records are linked between facilities, convenient to track and look up. Online appointment booking system, quick and convenient call center appointment booking system…

Recently, 63 institutions including CITIC Securities and China International Capital Corporation (ZFZJ.CN) focused on investigating the licensed payment institution Lakala. Chairman Sun Taoran and the new general manager Chen Lie received a reception. During the exchange session, Sun Taoran targeted Digital currency, SaaS, payment rate, local push staff cost Responded to hot issues. There are investors asking questions, Please analyze, for example, within two to three years, where are the huge business opportunities for large-scale implementation of digital currency? In response, Sun Taoran responded: “About the new payment form, we talked about two sentences. First, it will change the payment pattern. Second, it will have an impact on the business format. In the era of digital currency, It will change the position and voice of the acquiring side in the payment industry, including Lakala. For business, it will give birth to many possibilities. After the digital renminbi comes out, all these things may have some changes, which will bring There are many business opportunities. As we just mentioned, in the supply chain, in the clearing and payment between wholesalers at all levels, it is very likely that digital currency will have a very big advantage, and digital currency may also create many other New things, because the entire digital currency is paid by you and all the information is recorded as a record. When we look forward, we can at least see these.” In 2020, La Cala’s performance continues to grow steadily. The annual net profit attributable to the parent is 931 million yuan, a year-on-year increase of 15.43%. From 2015 to 2019, La Cala’s net profit in the first five years has increased by more than 30%. From 2015 to 2020, the compound annual growth rate of net profit reached 50%, and the gross profit margin has remained high at 41%. In terms of strategic planning, Lakala disclosed that the deployment of digital currency and cross-border payment has achieved remarkable results, and the payment ecosystem is taking shape. It is building a technology platform to provide SaaS to enterprises and financial institutions and reconstructing new retail with full supply chain services. By 2023, La Cala will be established “ Payment, technology, new retail “The multi-dimensional merchant service system has achieved one of the best payment scale industries, the first echelon of cross-border payments, the best industrial Internet technology platform industry, and the top three in the new retail industry. Payment ecology , La Kala disclosed that the basis of La Kala payment is the “payment ecology”. By giving full play to the first-mover advantage of digital RMB, iterating payment tools, upgrading the payment industry ecology, and improving La Kala’s merchant structure, forming Merchants, users, banks, expansion agencies, promoters A widely connected ecology. At present, as one of the first two payment institutions to sign a strategic cooperation agreement with the Central Bank’s Digital Research Institute, Lakala has the ability to fully accept digital renminbi transactions. Digital renminbi is a national strategy, and the iteration of the payment method itself will give birth to new businesses. Opportunity, Lakala, as the first batch of in-depth participants, will undoubtedly reap more development dividends. Cross-border payment business will further broaden the scope of merchant services, and the expansion of merchant services will make it possible to implement value-added services. Technology , Lakala disclosed that with payment as the link, technology as the platform, through SaaS and various systems Financial institutions, banks, people, goods, markets All parties are connected to meet the needs of every piece of the ecology by generating data and risk control to help everyone make money. At present, Lakala’s technology SaaS includes corporate SaaS, merchant SaaS, cross-border e-commerce SaaS and financial institution SaaS. Through SaaS services, it covers corporate fund management, account management, risk management, and collection of ordinary merchants and cross-border e-commerce. Optimize various value-added services such as, marketing, operation, etc., and optimize the acquiring system and risk management system of financial institutions to better serve the small and micro merchant groups. New retail , La Kala disclosed that the deep integration of technological services and payment ecology has made the merchant service system more comprehensive and efficient, and the emergence of new retail business has given La Kala merchants more room for service. There are currently 144 million Chinese companies, 12 million retail merchants, and more than 4,000 banks. Lakala has built a business service system of “payment, technology, and new retail” to match the commercial value generated by the closed-loop ecosystem built by all parties. Lakala entered the third-party supply chain platform business market at the end of 2020. In the early stage, samples have been sampled in multiple cities to provide high-quality sources for retail stores, and further promote the in-depth coordination of payment business, supply chain, and technology services. The current market penetration rate is close to that of peers. 3-year level. Attachment: Communication link (Q investor, A chairman Sun Taoran) Q: The 2020 annual report has a more detailed explanation of the operation of digital currency, and also said that there may be an investment of 500 million yuan in the promotion of digital currency in the future. Can you expand or give an example to explain in detail, for example, how our digital currency is connected to the interfaces of various companies. In the future, in the process of using digital currency, how we will do business with UnionPay, or the apps of major banks. Okay, or other institutions that have the ability to act as a digital currency can generate synergy, or they can get more market share. A: Digital currency. In fact, the company established a special department more than a year ago, and a lot of people are participating. However, because this involves the overall progress, it has not been disclosed to the outside world, which is also a requirement of strategic partners. We only announced the strategic cooperation agreement when we entered the pilot program. The investment of 500 million yuan is only our first phase of the plan. In the future of digital currency operation, there are several things that can be seen. The first thing is that all places must be able to use digital currency, just like bank cards and scanning codes back then. When everyone has a digital currency in the future, all the acceptance links will become an acceptable digital currency. This is what we will see in the future. The country’s promotion of the issuance of legal digital currency means that all places that scan codes must be able to accept digital currency today. This is a very big thing to do. This thing requires technical capabilities and system capabilities to be connected. This is the transformation of the business side. The second thing is that from the issuance of digital currency to the circulation and promotion, tens of millions of merchants must be connected to the platform that receives the payment to help merchants quickly acquire the ability to accept digital currency. In the future, there will be many commercial banks. At present, more than 4,000 small and medium banks and rural credit cooperatives do not have the ability to accept digital renminbi. They have to connect with digital currencies. Lakala can provide them with digital renminbi interface services and include An aggregate payment solution within the digital renminbi. Therefore, in the future market of La Cala, we may not only cooperate with merchants, but also provide services for financial institutions and other institutions. The third is to cooperate with our current pilot projects and promotion. For some key points, such as the Winter Olympics, we will do more hands-on activities in advance. These three aspects are foreseeable. For example, in the new retail platform, such a multi-level B2B is the payment from the enterprise to the enterprise, and the multi-level payment at the distribution level. If each level pays a payment fee, even one thousand five or one thousand three. Very high numbers. It is possible that after the emergence of digital currency, through the SaaS system docking, it may be possible to greatly reduce the payment cost. These new innovations are also what we want to do. Q: The company’s logic is very clear. From the small high-frequency payment as the traffic entrance and the SaaS+ stickiness as the channel to improve user retention, it actually falls into the new consumption. The SaaS market is a hot spot for everyone. Can you expand it and share it with us? In fact, SaaS will face, it may be divided into large customers, medium-sized merchants, and small customers. In fact, the three types of play and logic are completely different, because the larger the customer, the higher the customer unit price, but the churn rate is relatively low, but its customization needs There are more, it may be heavier to do, and it may be biased towards the logic of traditional software. However, the small customer may seem to have a low unit price, but the quantity will not be large. This may have a certain relationship with the company’s strategy or thinking. I don’t know how the company considers this in the future? Can you share with us? Thank you. A: We use small high frequency as the entrance, use SaaS + stickiness, and finally enter the new retail and new consumption field. SaaS We form a product system by investing in kilometers, plus our own accumulation in the past. The key to SaaS is the core function, because SaaS is just a payment method and an interactive method. It is a software-as-a-service method. The core depends on your function. What we do is to implement all the functions in the entire link of B2B, cloud stores, and cloud procurement in e-commerce, from the manufacturer to the end user, in the past eight years. For Lakala, the kilometer is equivalent to a semi-finished factory. There are all the accessories in this factory, which can be combined into any product. Lakala combined one thing, which is the system for offline retail stores. We docked the B2B on the cloud shop, docked cloud procurement, a series of functions, and then grafted our original accumulated functions, making this SaaS for the small shop, a user name and account can be used. But after all the data running on this, the payment is no problem, then you have to escrow, the bank can also evaluate your credit, or escrow, and bring the goods at the same time. This is our entry point. At present, the optimization problem of the supply chain must be solved. So our slogan is “good goods”, let it be good goods, more categories of goods, more good price goods, more money, this is what Lakala has to do. Q: If the digital currency level is implemented, we call it a new level, a new payment medium. So in the case of the second payment medium, the future is nothing more than establishing an ecosystem, whether it is a small cloud store or the supply side, or even the demand side. Please analyze, for example, within two to three years, where are the huge business opportunities for large-scale implementation of digital currency? A: Regarding the new payment form, we talked about two sentences. First, it will change the payment pattern. Second, it will have an impact on the business format. In the era of digital currency, the position and voice of the acquirer, including Lakala, in the payment industry will be changed. For business, it will give birth to many possibilities. After the digital renminbi comes out, there may be some changes in all these things, which will bring a lot of business opportunities. As we just mentioned, in the supply chain, in the clearing and payment between wholesalers at all levels, it is very likely that digital currency will have a very big advantage, and digital currency may also create many other new things, because The entire digital currency is paid by you and all the information in the entire process is recorded as a record. If we look forward, we can at least see these. Q: Payment is such a high-frequency application to provide more diversified corporate services to small and micro merchants. What is the key difficulty in the turning point? A: If only payment services are provided to merchants, in fact, the substitutability is still relatively large, but there is still the value of brands and services, and the brands and services themselves are also competitive in payment. After the “96 price reform” , The payment fee rate is going down, but Lakala’s market share is expanding, and profitability is improving, which is to concentrate on the head. If we superimpose it in addition to payment, and reach the merchant’s cash register and reach its shelf, the stickiness with the merchant will increase a lot. In fact, Square in the United States follows this model, which is to enter the cashiers and shelves of merchants. This is from our perspective. The merchant’s point of view is that when we provide these services, we have two benefits. The first one might be more SKUs and better prices. The second and more important thing is that when it puts its sales data, invoicing data and payment data on my platform, we can help it sort out its credit, which was originally unable to borrow money. Enterprises, cooperative banks can lend it to them. So merchants also have this kind of demand. As for why Lakala can do this? We currently include people who may certainly rely on ourselves in the cloud shop in the future. The number of expansion data for a single person and a month has reached more than 20. Why is it that local push is our business? To push this matter, it has a few data to calculate. The first is whether a local pusher can support himself, whether you can increase your monthly sales, the gross profit you earn, and whether you can provide your own salary. This will be a number. For example, if you develop X home in one month, you can support yourself. Second, can it feed the branch company? This branch company has amortized all its costs, so once everyone may assume that the first number is 8 and the second number is 15 for a month, the output per capita reaches 15 At home, this branch is break-even. Third, can you feed the headquarters? That number may be 25. When the per capita production capacity reaches 25, you can feed the headquarters, break even, start making profits, and repurchase. A lot of our data shows that each store purchases a larger amount and quantity in the second and third months. The good news is that our two-month per capita output is in the 60-point supply chain and 80-point system, and the per capita output exceeds 20 companies. For us, we know very well what it is. If this data can be maintained, and if our repurchase data can be maintained, we will look at it for another three months. If these numbers can be maintained, it is very likely to be in this area. We will make progress very quickly. Q: Now the concentration of the entire third-party payment is increasing. However, this rate may actually have a gap of more than 5 times compared with overseas Square. Do you think the rate gap will gradually stabilize through the increase in concentration in the future? The second question, maybe everyone is also concerned that in the context of digital renminbi, it can be anonymous. Will this bring some challenges to our acquiring business in the past? For example, whether the entire market capacity will shrink, the currency may be transferred directly through offline transactions, and it is no longer necessary to complete this liquidation through a third-party acquirer as it is now. A: Of course we hope that our rates are the same as internationally, but the reality in China is not like this, and under such a reality, the entire ecological development is now the best in the world. So I personally think that the matter of rates is a bit like the secondary stock market. The important thing is not how much you buy, but how much you sell. The difference between your buying and selling is what you earn. Therefore, for Lakala and for the acquirer, the important thing is that the space between the cost charged by the merchant and your cost is important, so it affects your income. So if it drops year-on-year, then your space will not change, or if the bottom drops more and the top drops less, your space will increase. This is an understanding of the rate, that is, you cannot look at a value in isolation , But should look at the space between them. Well, when the space is not as big as overseas, for example, what matters is the business management ability and scale effect, which will promote concentration. When this space is large, you may be able to make money by doing 100,000 merchants. But when the space is compressed, companies with less than 1 million merchants or less than 5 million merchants will have been squeezed out, and the rest will be more and more concentrated in the head. Therefore, such a situation is actually beneficial to La Cala. In the past two or three years, in fact, with the downward trend of rate competition, La Cala’s market share and profitability have been expanding. The latter question is the question of the transaction method. The merchant’s demand for payment is not just about swiping the card, you give me the money. It actually has a variety of needs. For example, the first is the need for account reconciliation. For merchants, he has to reconcile the accounts. Every transaction cannot be wrong. All transactions today cannot be wrong. There are errors in handling. There are also many payment-based requirements. These are not offline transactions, which can be solved by handling them yourself. It’s just a form of transaction, and it’s still a relatively small form of it. But behind this form, the entire other merchant services cannot be replaced. We have encountered this kind of merchant, he is willing to accept a payment institution, he is not willing to say that he accepts this and that. Because for him, if 200 goods are sold today, these 200 goods come from four payment institutions. For him, it is a huge workload. He is completely unable to make statistics on today’s sales, purchases, etc. A series of things. A company we invested in has done a lot of services in this area, such as a platform-like SaaS product-Qianacantong. Merchants are willing to treat you only. On this platform, I will clarify all your acceptance methods and needs. . Q: Let me ask again. For example, some customers just want to say that you provide streamlined services and transaction services, such as some newsstands. A: It’s just that you can complete the transaction. There are actually very few such merchants. Not at newsstands. When you buy a newspaper, he takes a small book and writes it down, which magazine you sell, how much money you receive, and takes a small book to keep track of, and then when you receive RMB, small merchants also take it. In a small book, write down how much the buns are, and how much is it. In fact, what payment institutions help merchants do is not just collecting money. After we gave him the cloud shop system, in fact, his ERP and CRM are all in it. For him, after every shipment comes in, it sells. How much we go out, how much we have left, and whether to purchase goods, have all been realized on IT. In fact, this is the impact of technology on business. This impact was originally provided by an independent SaaS company, but now it is only carried in with the service of Lakala payment.

China’s test network connects 40 top universities in preparation for a society powered by artificial intelligence (Image: Shutterstock) Located at Tsinghua University, “Future Internet Technology Base” connects 40 universities, the country’s leading research institute with much lower bandwidth and latency than the current Internet. ; According to the Xinhua state news agency. This facility will serve as the “backbone” for the China Network Innovation Environment (CENI) – a research facility linking the largest cities in China – to confirm the effectiveness and safety of the public. network technology in the future before bringing it into commercial use. When completed in 2023, the CENI facility will become a prototype of the “Internet of the Future”, connecting almost everything – from home computers to cars on the street – to serve information without compromise. disruption in a society powered by artificial intelligence (AI). “We will put a lot of effort into it. The Internet of the future needs to withstand all kinds of attacks. It is important to our national security, ”an anonymous computer scientist who was involved in the project at Tsinghua University told SCMP. China’s current Internet is built with Western technology and is full of backdoors. The US government’s Prism project, for example, took advantage of these weaknesses to penetrate the Chinese government and some of its research institutes, including Tsinghua; according to “whistleblower” Edward Snowden. Following Snowden’s revelation, the Beijing government has stepped up efforts to replace Western hardware in its information infrastructures. In recent years, a number of Chinese telecom companies, including Huawei Technologies Co., have outperformed Western firms in 5G network development and many other technologies. But their lead is limited to certain areas, while foreign software and protocols still prevail in the Chinese network. The US government has also launched a multitude of test networks, including the Global Network Innovation Environment (GENI) to maintain their leadership position in networking technology. Other players – such as the EU, Japan and South Korea – have also started similar projects. According to Tan Hang, the lead scientist working on the CENI project, the construction of the Chinese test network began in 2019. China’s base is to counter the US GENI program, with completely different technology. For example, China will develop a brand new operating system to manage data flow and “conversation”. between devices on the future Internet network, with the support of domestically produced hardware – from routers, servers to computer chips…, according to Mr. Tan. This 1.7 billion yuan ($ 260 million) network base will “enhance our country’s competitiveness and allow us to gain an edge in the international cyber competition,” said Mr. Tan. more. China has now embarked on building the world’s largest 5G network, and in the foreseeable future, a large number of smart devices – including self-driving cars – will connect to the Internet. These devices can produce and request huge amounts of data, while allowing only minimal communication delay and each device needs a unique ID. According to Mr. Tan, the current Internet base, based on military technology from the 1980s, is not strong enough to meet future requirements. And the more things connected to the Internet, the greater the damage caused by a network attack. New security protocols developed by Chinese researchers to locate and identify any device in the future network will be tested in the CENI network; according to Mr. Tan. The CENI network “will support attack and defense training” by allowing more than 4,000 teams across the country to conduct separate experiments at the same time; he said. Of course, China’s network will not be isolated, but will connect to existing Internet networks, as well as test networks in other countries, including the Future Internet Research and Test Network (FIRE) of Europe; according to the EU.

At present, large banks have begun to deploy, and some leading financial technology companies such as Suoxinda Holdings Co., Ltd. (abbreviated as Suoxinda, stock code: 03680.HK) have also entered the federal learning application. So what are the problems facing the large-scale implementation of federal learning in the financial industry? How to solve?

Banks “get together” federal study

“At present, some leading banks have begun to commercialize federal learning. For example, the recruitment of suppliers has begun. With the leading role of leading banks in the future, the trend of large-scale implementation of privacy computing technology in the financial industry is very obvious.” Dr. Shao Jun, a data scientist and senior researcher of Federal Learning of Suoxinda Holdings (stock code: 03680.HK) mentioned.

According to Xu Zhen, the application scenarios of federated learning in the industry are very large, which is equivalent to a data Taobao. It is expected that more federated learning-related infrastructure will be launched this year.

According to Dr. Shao Jun, a data scientist at Suoxinda Holdings and a senior researcher at Federated Learning, privacy computing is a computing theory and method for the full life cycle protection of private information. Specifically, it refers to the processing of video, audio, image, graphics, text, numerical value, and When ubiquitous network behavior information flow and other information, the private information involved is described, measured, evaluated, and fused to form a set of symbolic, formulaic, and quantitative evaluation standards for privacy calculation theories, algorithms and application technologies. Support the protection of privacy information of multiple systems integration. Federated learning is a type of privacy computing technology, a solution for machine learning and artificial intelligence to face more stringent data management regulations.

According to the “Federal Learning White Paper” released by Suoxinda Holdings, through compliant multi-dimensional federal data modeling, the effect of the risk control model can usually be improved by approximately 12% , Consumer finance enterprises and institutions have effectively saved credit review costs, and overall costs are expected to drop 5%-10% , And due to the increase and enrichment of data samples, the risk control ability is further enhanced.

The white paper mentioned that the core feature of federated learning is that all participating parties conduct joint data training without transferring their own data, so as to achieve the goal of joint modeling.

At present, federated learning has made progress in some key financial fields, such as smart risk control scenarios and privacy protection scenarios.

Dr. Shao Jun specifically stated that based on the multi-party security knowledge graph, it is possible to calculate financing service projects for small, medium and micro enterprises. Through the integration of graph computing and secure computing technology, cross-institutional (such as banks and operators) data can be realized under the conditions of protecting their respective data. Secure integration, build a joint relationship graph, break the data boundary of graph calculation, and identify more complex and comprehensive relationship chains and fraud risks.

In terms of privacy protection, it uses multi-party secure computing and image recognition technology to effectively verify the identity of merchants and cashiers, solves the management loopholes caused by equipment and manual verification in traditional acquiring management, and protects the privacy of merchants and cashiers. Effectively improve the risk control capabilities of acquiring institutions in anti-fraud and anti-money laundering on the basis of this, and reduce operating costs of acquiring institutions.

What is the difficulty of large-scale landing?

Compared with other fields, the financial field has stricter data control, so in the actual landing process, it always faces various problems.

“The realization of bridging between different privacy computing platforms has become an inevitable trend in the new situation. Different organizations apply different forms of privacy computing technology in different business scenarios; it will gradually form new data barriers that are actually difficult to connect. Therefore, searching for possible bridging agreements or even bridging platforms between different technology platforms will become a future demand.” Dr. Shao Jun from Suoxinda Holding said: “The common horizontal federated learning model is the most common and easy to achieve interconnection. Interoperability considers the joint modeling direction, but the interconnection of vertical federated learning is the main breakthrough point. Federal transfer learning itself can expand unlimited possibilities for future application scenarios.”

Regarding whether privacy computing technology can be implemented on a large scale in the financial industry in the future. Dr. Shao Jun from Suoxinda Holdings analyzed that, at present, every business line and related system in the financial field is undergoing digital transformation, and cross-departmental and even cross-institutional data circulation has become a rigid demand. As the awareness of privacy and security protection is increasing, data circulation is bound to require the support of privacy computing technology.

Speaking of difficulties in landing, Dr. Shao Jun said that there are currently a large number of small and medium-sized banks in my country, but such banks have limited technological capabilities, and have invested a lot in the preliminary construction of financial technology, and related projects have a long cycle. In addition, the market supervision of privacy computing products needs to be further improved. For privacy calculations, financial institutions should transform from passively accepting requirements to actively implementing financial-related products.

In response to the bottleneck of landing applications, Dr. Shao Jun, a data scientist at Suoxinda Holdings and a senior researcher at Federated Learning, pointed out that the first problem is efficiency. At present, large-scale general-purpose calculations cannot be done, only some simple calculations; secondly, security is due to privacy. It is difficult to quantify, and how to prove safety and how to evaluate needs to be further resolved. In addition, in addition to technology, there are more factors to consider. Such as compliance issues, how to define product attributes, and how to be recognized and supervised by relevant agencies are all issues that need to be considered.