Economic Observer reporter Qian Yujuan 2021 has a special significance for Kuaishou. We went through our first decade since our inception and completed our IPO in February, becoming a public company that serves more than 300 million users a day.
As a pioneer in the short video industry, Kuaishou has made the expression of video accepted and loved by more people. Today, more than 500 million people use Kuaishou every year, more than 100 million people share their lives in Kuaishou, and more than 20 million people earn income in Kuaishou.
The short video live broadcast industry, including Kuaishou, on the one hand, has improved the inclusiveness and convenience of the supply of online public cultural services; on the other hand, it has spawned new formats and new models, promoted the transformation and upgrading of traditional industries, and burst out greater economic potential and social value. Taking live e-commerce as an example, this new form of e-commerce is efficiently connecting urban and rural areas and regions, opening up new high-efficiency channels for the upward movement of agricultural products and the downward trend of industrial products.
All along, Kuaishou has adhered to the development concept of fairness and inclusiveness, and also believes that the short video live broadcast industry will be further integrated with the real economy. Entering 2022, whether it is to promote knowledge inclusion, cultural services, or to promote rural revitalization, regional development, and digital practices and digital connections in all walks of life, there are many opportunities. I hope that in the future, with the continuous expansion of short video live broadcast application scenarios, more users, especially those in rural and underdeveloped areas, will benefit more.
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