In recent days, the executive meeting of China’s State Council noted that the platform economy has many features such as data effect, instant effect and convenient effect, which is of great significance to empower the real economy and develop new quality productivity, therefore, the physical market should deeply explore the integration path and promote the construction of a modern economic system. On November 26, the group comprehended the meaning of the meeting, summarized the requirements of the meeting, actively organized online training, and conveyed the replicable plan of "physical stores+ platform" to the market at all levels.

Group executives stressed that the instructions covered by the "meeting" oriented group development of physical economy, with industrial potential, therefore, it is necessary to expand their horizons, open their minds, get a clear picture of "regulation" and "rules" of the authoritative platform, and give full play to the platform economy to empower the physical economy. At the same time, we should clear our position, make differences in the market of "physical stores + platform", and achieve dual-effect empowerment.

At present, CFI is actively exploring in the field of "physical stores + platform", taking the lead in " the 3.0 version of live streaming". In the next step, from the perspective of enterprises, the Group will continue to make efforts in the path of more integration of innovative physical economy and platform economy, and promote the high-quality development of the physical economy.