Core Viewpoint - The article discusses how China, through the International Intelligent Supply Chain Holding Group, is proposing a new solution to challenge the dominance of the US dollar in global trade and finance, aiming for a more equitable global economic order [1][2]. Group 1: The Shift from Dollar Dominance to China's Response - The past global economy was characterized by a "one-way cycle" under dollar control, while the future is envisioned as a "shared prosperity cycle" driven by intelligent supply chains [3]. - The core strategy of the International Intelligent Supply Chain is to counter the dollar's "threefold harvesting" with a "threefold counterattack" using China's technological and supply chain strengths [4]. Group 2: Intelligent Supply Chain System - The "Intelligent Supply Chain System" is a global smart economic ecosystem that integrates smart manufacturing, Chinese warehousing, overseas delivery, and local services, with digital RMB as the core of settlement [9]. - This system allows for the free flow of resources, products, technology, and capital through a digital, transparent, and intelligent "trade highway" [10]. Group 3: The Role of Digital RMB - Digital RMB serves as a crucial foundation for the Intelligent Supply Chain, functioning not only as a payment tool but also as a "trustworthy settlement mechanism" [15][16]. - Transactions using digital RMB can be completed in minutes, with each transaction being traceable and verifiable, enhancing security and preventing capital flight and money laundering [17][18]. Group 4: Vision for Shared Prosperity - The vision of the Intelligent Supply Chain is to ensure that ordinary people benefit from technological advancements, allowing participants to become not just consumers but also stakeholders through mechanisms like "Intelligent Chain Points" and "equity dividends" [21][22]. - The system is expected to create new job opportunities across various sectors, contributing to a stable international supply network [23][24]. Group 5: China's Role in Globalization - China is transitioning from being a participant in globalization to becoming a shaper of globalization, moving towards a new order based on value creation rather than financial hegemony [26]. - The initiative represents a shift from "financial hegemony" to "technological co-governance" and aims to establish a fair global order where every trade is visible and every individual shares in the benefits [27].

Group 1 - The core point of the news is that China, as the largest importer of iron ore, is moving away from dollar pricing, with BHP being notified to stop purchasing iron ore not priced in RMB [1][3] - This move is seen as a significant step in breaking the dominance of the US dollar in global trade [3] - The decision aims to enhance China's bargaining power in international markets, reducing reliance on the dollar and mitigating exchange rate risks [3] Group 2 - The impact on BHP is that while they may be reluctant, they are unlikely to abandon the Chinese market due to its size, as China accounts for 85% of their market share [3] - The potential reaction from the US could involve pressuring Australia to create complications for China, indicating geopolitical implications [3] - Overall, this shift is viewed as a crucial step for China to increase its influence in global trade negotiations [3]