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3. Layout of emerging scientific and technological fieldsThe Investment Value of Internet ETF(SH513050)5. Investment strategy

China Internet Industry: Future Prospect and Investment Value of China Internet ETF(SH513050)In the future, Internet players will focus on three major directions: cultivating the first interval (volume efficiency), ambushing the second curve (expanding business) and finding incremental markets (expanding overseas). Combined with the three major tracks of Internet realization, an echelon of Internet steady state has been formed, and BTP (Byte, Tencent, Pinduoduo) will be in a relatively steady state pattern for a relatively long period of time.About the future development of Internet industry.

3. Changes in policy and market environment3. Layout of emerging scientific and technological fieldsThis paper will deeply discuss the future development of China's Internet industry and the investment value of China's Internet ETF(SH513050).