On July 18th, according to Jin10 Data, at the beginning of July, during a meeting of Alibaba's core executives with long-term partners, the Alibaba management team reached a consensus: 'We need to have a business mindset. We need to focus on strategy. We need to have determination. We need to know our strengths and weaknesses.' This is a change. In the past, when the Alibaba management team talked about Alibaba, they preferred to emphasize 'mission,' 'vision,' 'tomorrow,' and 'innovation.' Now, they hope to emphasize pragmatism and 'having a business mindset.' A long-term Alibaba insider interprets this as meaning that Alibaba wants to squeeze out the false prosperity in its business, make business choices in line with the overall environment, and manage investments in a more detailed manner.