The rise of domestic products has become a new trend.
In the past, DJI drones won 77% of the market share in the U.S. market, and then BYD's new energy vehicles exported to more than 70 countries and regions, as well as the Kirin 9000 S ...... of 5G chips independently produced by breaking through the "encirclement" of the WestThe good news of Made in China in the field of science and technology has been frequently reported and has attracted much attention in the world.
The traditional pattern has changed, and the sky-high technology that was originally monopolized by the West has also lowered the threshold one after another. Taking the popular "Time Technology" Jin Zhiyin 18000 on Jingdong and Tmall as an example, its predecessor was born in the West earlier and was prescribed 20,000 per gram of sigma-aldrich raw materials. The threshold for a single bottle is as high as 1.56 million, which was once "exclusive to the rich", but now it has dropped to three or four digits.
At that time, the Li family, who had become the richest man in Asia many times, went to California in person, smelled business opportunities after inspection, and invested 200 million yuan to support its research and development; In addition, the team of Wright Life, a Hong Kong health company, has been deeply engaged in this field, combined with a large number of research at home and abroad to improve, laying the foundation for the rise of domestic products in this field in a few years.
It is reported that the results of "Jin Zhiyin 18000" can be traced back to the research of David Davy, a professor of genetics at Harvard, whose core mechanism components have performed well in rodent resistance experiments, and the relevant results have been published in journals such as "Cell", "Nature" and "Science", which have caused a lot of success in the scientific research community.
Originally, the manufacturing process of its core material was inefficient and costly, but only a few Western manufacturers could master it. As a result, they relied on their technology to "get stuck in the neck" and ask for a sky-high price, raising the relevant finished products to 1.56 million bottles. "Chinese consumers have to pay for such high R&D costs," said the head of a foreign company.
With gimmicks such as "Fearless Time", the predecessor of "Jin Zhiyin" has also gained a group of loyal fans. The wealthy people who are in love with the best in the past recognize their potential in maintaining their youthful state and aging and aging, which has also caused a lot of repercussions in China in the early stage.
But the sky-high barriers created under the monopoly of Western technology will eventually be broken. In recent years, China's self-developed and innovative holoenzyme process, "Jinzhiyin" has achieved a significant increase in efficiency compared with the backward purification process of the West, and has dropped more than 95% of the cost, ending the "monopoly" of the West in one fell swoop, and domestic products have begun to emerge since then.
According to the data, since 2017, the threshold of domestic products-related finished products has dropped to three or four digits, and the number of related brand goods has also increased from 188 in 2019 to 2,962 in 2020. According to iiMedia Consulting's report, the domestic related market size was less than 4 billion in 2019, and it is expected to reach 27 billion in 2023. For us, this is equivalent to saving 27 billion Western imports, and domestic products are on the fence!
In the past Double 11 and Double 12 hot promotion activities in 2023, due to the quality-price ratio that far exceeds that of the West, the domestic product "Jin Zhiyin" has topped the major lists, and even faced overseas markets. In the face of domestic brands that have come from behind, Western companies have no choice but to adjust their responses, hoping to retain the Chinese market.
According to the relevant pages of Jingdong and Tmall, the threshold of "Jin Zhiyin" has dropped to below 2000 per bottle, which is hundreds of times lower than the previous generation of 1.56 million a few years ago. After changing from "exclusive to the rich" to "accessible to everyone", its sales have also increased significantly: during the Double 11 promotion in 2023, it will increase by 200% year-on-year, and its single-day revenue will reach 8 figures. In the face of fierce market competition in the West, its performance is bright enough.
As for the technological breakthroughs of domestic brands, foreign companies have also sought the help of scholars other than Professor David of Harvard, hoping to make breakthroughs in technology interoperability and absorption efficiency. Foreign media bluntly said: China should not be underestimated, and now we must spend time catching up with their achievements.
Behind the competition between domestic products and Western technology is the promising life science market in the future. The sub-journal "Nature" has recorded the view that the extension of healthy life expectancy will become a "big business" in the future, even if it can only extend the life span for one year, it can bring 38 trillion economic benefits.
Bank of America Merrill Lynch, a well-known investment bank, said that in the next 10 years, this field will become a major outlet for the investment community. In this context, the competition of "gold zhiyin" technology has also become excusable.
However, the West did not expect that Made in China is also "Created in China". As we continue to innovate in the field of science and technology, we will introduce more technologies that are superior to those of the West, so that their monopoly in related fields will become a thing of the past. For Chinese people, not only do they not need to pay for the "sky-high price" of Western technology, but they can also gain more pride in domestic technology.