Afternoon of June 11th，The "2018 First 188bet login Leisure Sports Industry Development Forum" hosted by Zhihui and Deep Blue was held in Shanghai。This forum is themed “New Lifestyle at Sea”，Gathered top think tanks from the 188bet login economic industry chain，From capital to resources to product side，Aimed at combining maritime sports with lifestyle、Integration of tourism resources and sports resources，And seek solutions for the transformation and upgrading of traditional resorts，Providing support between new technologies and traditional industries、Collaboration between enterprises and different fields of enterprises，Jointly promote the development of 188bet login economy。Yu Lifeng, managing partner of Yuanxing Capital, attended this forum and delivered a keynote speech。

Yu Lifeng said,Our country is undergoing a transformation from a landlocked country to a maritime country，This transformation brings new 188bet login opportunities，There are also shortcomings and challenges。China’s ports are large but not powerful，Shipping services are underdeveloped，A large amount of 188bet login resources are idle，Ocean Cruise、188bet login Information Service、The three industries of 188bet login leisure tourism are in the primary stage of development。But due to new technology (artificial intelligence、Intelligent technology) brings overtaking development in corners to our country in the field of science and technology，So we have the possibility of strategic development in emerging industries involving the sea。However, the overall development of 188bet login technology and machinery industry has not yet entered the world's leading industries，There is still a certain gap。

Yu Lifeng thinks,Capital、Economy、Consumption is the troika of 188bet login economic development。Consumption leads the upgrade of the consumer side of the 188bet login industry，Technology realizes supply-side reform of 188bet login industry，Capital is the catalyst for the development of 188bet login economy。

The following is the full text of Yu Lifeng’s speech:

(This article is compiled based on the speech transcript，Zhi Hui slightly deleted)

Thank you very much for your support、Deep Blue invited me to participate in the 188bet login consumption forum，Thank you all for visiting。

Darwin said in "Evolution" that "human beings changed from monkeys"，But I think 70% of the world is ocean，So monkeys climbed up from the ocean。I believe that the 188bet login leisure sports industry will definitely be greater than before。

The topic given to me today is "Capital + Technology + Consumption" empowering products，In fact, capital, technology and consumption are inseparable。Let me share with you our thoughts on "capital、Technology、Discussion on “Consumption” Empowering the 188bet login Economy。

1. The time is right for the development of 188bet login economy

First，I want to see the ocean from a higher perspective，In the past, when I was working in capital, I didn’t pay enough attention to the 188bet login industry，Whether it is a politician，Still a philosopher。

American politician Kissinger said in "On China" that "the grand political structures of Asian countries lack the ability to break free from the shackles of land，The ability to go to the ocean，Although they themselves are close to the sea，For example, China，In their eyes，The ocean means the limit，means the end of land。They have never looked at the ocean in a positive light。”

In the eighteenth century，German philosopher Hegel once said that "China is overly dependent on land，This restricts the thoughts and actions of Chinese people，Only by going to the sea can we be liberated。”

This shows that China’s past and future are indeed land periods，But now our country is transforming from a land country to a maritime country。

This transformation comes from the "dream of a powerful country"。Because the rich 188bet login resources are an indisputable fact，Natural gas resource reserves、Oil accounts for 23% and 29% of the earth，So the urgency of future economic development requires us to develop ocean resources。

From a political perspective, political 188bet login in the 21st century has shifted from land to sea；From the perspective of geopolitical impact, sea power has become the main expression of national sovereignty。

Under the new situation，President Xi has long proposed the concept of the “Maritime Silk Road”，Especially in the 2018 "Chinese Government Work Report", "188bet login strategic development" was mentioned many times，Facing the sea，188bet login economy has become the economic development of today's era、An indispensable and important part in political development and national diplomacy。Our country is undergoing a transformation from a landlocked country to a maritime country，This transformation brings new 188bet login opportunities，At the same time, we can also see the shortcomings and challenges in China’s transformation。

China’s ports are large but not powerful，Shipping services are underdeveloped；A large amount of 188bet login resources are idle；Ocean Cruise、188bet login Information Service、The three 188bet login leisure and tourism industries are in the primary stage of development；Insufficient 188bet login science and technology development capabilities，But due to the development of new technologies (artificial intelligence、Intelligent technology) brings overtaking in corners for our country’s technological development in the field of science and technology，So we have the possibility of strategic development in emerging industries involving the sea。The overall development of 188bet login technology and machinery industry has not entered the world's leading industry，There is still a certain gap。

2. Consumption leads the demand-side upgrade of the 188bet login economy

Re-examining 188bet login economic development under this situation, I thinkCapital、Economy、Consumption is the troika of 188bet login economic development。Consumption leads the upgrade of the consumer side of the 188bet login industry；Technology realizes supply-side reform of 188bet login industry；Capital is the catalyst for the development of 188bet login economy。So put the capital、Consumption、Technology has achieved three clear positions。Currently our country’s economy is emphasizing supply-side reform，But if it is placed on the consumer side of the 188bet login economic industry, the demand is still insufficient。The shortcomings come from several aspects:

1. There was insufficient understanding of the 188bet login economy in the past.China is a landlocked country，So we lack the ability to ask for resources from the sea。

2.Lack of technological and ideological awareness of the 188bet login economy’s capabilities。So the consumer still needs to lead，But it must be complied with during the leading process、Cooperate with supply-side reform，The core driving force of supply-side reform is the development of 188bet login science and technology，What drives the combination of consumption and supply in this process is capital。

3. Technology realizes supply-side reform of 188bet login economy

The downstream demand of the 188bet login economy is very huge，The scale of the global ocean industry will reach 3 trillion US dollars by 2020。Our country has reached 7 from 2008 to 2017.76 trillion yuan，10 year-on-year increase.08%，188bet login GDP accounts for 9% of GDP.4%。

China’s 188bet login product growth structure distribution map is very blue，46% is coastal tourism，Including 188bet login tourism、Offshore oil and gas industry、188bet login biomedicine, etc. account for 44%，But 46% of them are coastal tourism。In 2017, seaside tourism accounted for 46% of the 188bet login tourism industry，188bet login transportation industry accounts for 20%、188bet login fisheries account for 15%、Ocean engineering construction industry accounts for 6%、188bet login communication shipbuilding industry accounts for 5%、Offshore oil and gas industry accounts for 4%，188bet login chemical industry accounts for 3%，188bet login biomedicine industry accounts for 1%。188bet login tourism accounts for 46% of the 188bet login industry，Almost doubled。

The trend of diversified demand structure is also emerging.

The strategic significance of developing 188bet login consumer tourism has just been made very clear，I often hear that American ships cannot enter the South China Sea。The expression of national sovereignty is a non-sensitive expression from the perspective of tourism。From the perspective of tourism, it has also become a new way of consumption and life for the people。From the perspective of the development situation of various countries，The development of tourism products does not only happen in China，The development of 188bet login tourism industry is also developing in European and American countries，Included in the Caribbean。China’s 188bet login consumption is very large，The reasons include national industry、Policy support。

46% of the 188bet login economy is coastal tourism，The coastal tourism industry is also divided into two parts:

1、Cruise ship、Cruise boats are a form of tourism and leisure using specific maritime transportation vehicles；

2、188bet login leisure sports，Using the ocean as the medium，A special form of tourism consumption that combines ocean and sports and leisure activities。The development of 188bet login leisure sports industry is guided by policies、Resource endowment、Market demand、Technological innovation and other aspects have promoted the multi-dimensional development of the 188bet login sports industry，I would like to emphasize how technological innovation has greatly improved 188bet login leisure sports。

I am an investor，Is a person in the capital industry。People are asking me about artificial intelligence in many places、Smart technology empowers the economy、Traditional industrial transformation and Chinese industry 4.0What role does 188bet login play。Jack Ma once said at a meeting that it cannot be called "overtaking on a curve"，It is "Changing lanes to overtake"，Because it provides us with a new 188bet login path，The focus of lane changing and overtaking is the importance of technological innovation。

For example, shooting from the sky，There was no way to achieve this in the past without drones，But with a drone, you only need to spend 2,000 yuan to achieve it。Mr. Wei just said，It is almost impossible to perform performing sports in the water without these technologies，It is impossible for you to dive so deep to chase fish，So leisure sports give us greater opportunities and space to enjoy。

The global ocean economy is developing in the direction of "high-precision"，Whether from the United States、Australia、Japan、South Korea、Canada, etc.，The United States spends more than 50 billion US dollars on 188bet login projects every year，Established more than 700 188bet login research institutions。Look at other countries to find out，Most countries are focusing on the development of 188bet login resources，188bet login tourism is already a fairly mature industry in these countries，Compared to China，188bet login tourism has just started。Because we focus on the development of 188bet login economy，Beyond the Ocean、Coastal Tourism、In addition to ocean sports, it also involves the development of ocean minerals、Biopharmaceutical development、Oil and gas development。Of course this is a little bit different from today’s theme，From the perspective of business development, we emphasize the 2C side of the business，But there are also 2B businesses developing in the 188bet login business。Our scientific and technological achievements in the 188bet login field have been very significant in recent years，Increased from 248 cases in 2001 to 4333 cases in 2015，Quantity expanded 17 times，Patent growth rate is 20%，60% of them are invention patents。

China has more patents in the ocean than the United States，20% in the United States，China is 35%。Our country has developed significantly around maritime technology in recent years，Greatly expands China’s foresight in the maritime field。The ecological network of 188bet login economy，The first two guests mainly focus on the fields of 188bet login leisure and sports，Related to Deep Blue include ROV、Underwater robot、AUVs、Underwater gliders are made possible by the development of underwater technology。

Our understanding of the problem ultimately comes from the disappearance of Malaysia Airlines Flight 370，We used foreign AUVs when searching，Because with the development of technology，188bet login applications are very wide。Including submarine cables, optical cables, etc., which will constitute a very large 188bet login technology，Including unmanned surface vessels。During the Spring Festival this year, you can see the collaborative development technology of 81 unmanned surface ships，The United States can only build 24 ships，China has been able to achieve coordinated operations with 81 unmanned surface ships，Far beyond the development of the United States。The development of 188bet login industry science and technology follows the development of 188bet login economy、There will be greater space for C-side development。

Of course, with the development of science and technology, a large number of new technology products will be presented to everyone，No matter the C-side freeware、Patrol Boat、Unmanned ships, etc.，These are all possibilities brought about by technological progress in the development of the 188bet login industry。

With the improvement of consumption upgrade，With the reform of technology on the supply side，Combining these two and using technology to promote iterative upgrades of products，Use capital to promote the development of 188bet login tourism industry，Capital is the media and catalyst in the development process。

4. Capital promotes rapid development of 188bet login economy

Developed countries continue to increase investment in the 188bet login economy，The EU’s total 188bet login investment from 2014 to 2015 was 4.400 million yuan，Hopefully with the development of the 188bet login industry、Technological progress will make investment in this industry larger and larger。From the central government to local governments and private capital, relevant capital is being established，Including the 6 latest national-level industrial demonstration bases recognized by the country for promoting science and technology，The adjustment plan of 188bet login functional zoning in 7 provinces including Zhejiang was approved by the State Council；Establish a coordination mechanism for sea use and environmental assessment approval and supervision of major projects，15 major projects have been approved for sea use and environmental impact assessment，Involving a total investment of 163 billion yuan；Approved 4 regional sea use plans。

To the "Twelfth Five-Year Plan" period，Nationally, 200 billion private capital has been invested in economic 188bet login involving the ocean。I planned a financial town with them in Chengdu last year，I hope to plan a bunch of ocean towns later。

With the continuous innovation and marketization of science and technology and the continuous investment of capital，More and more 188bet login companies are entering the capital market。The listed companies I saw today are all related to the sea，Not entirely related to tourism，Like COSCO Shipping Holdings、Strait Shares、COSCO SHIPPING Energy、Eastern Ocean、CIMC、Tianjin Port、Rizhao Port、Ningbo Shipping, etc.。

I hope there will be more and more overseas listed companies in the future，More and more fields and diversification。We can see that maritime-related enterprises have transformed from traditional major state-owned listed companies to multiple entities，Especially actively participate in ocean solutions，Enable the ocean to realize its dream of becoming a maritime power on a larger stage。

final，Hope Deep Blue is the first listed company related to 188bet login business uniquely among private capital。Thank you everyone！