Talking with friends from home, here are a few summaries:



Domestic deflation is severe, consumption is extremely cheap, and businesses are struggling.

Outside the Yangtze River Delta and the Pearl River Delta, people are largely pessimistic about the economy and prospects, seeing no way out, and young people are facing serious unemployment.

Web3+AI is one of the few opportunities that is widely regarded positively, traditional entrepreneurs have already entered or are seeking opportunities to enter, and AI-based Web3 asset issuance and operation may be the most important narrative and opportunity in the crypto space.
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