The Russia-Ukraine conflict has lasted for more than three years. This war not only cost Russia a heavy price, but also made it the most severely sanctioned country in the world.

The scale of sanctions imposed by Western countries on Russia has been unprecedented, from finance to livelihoods, from energy to military industry, covering almost every field, and has had far-reaching implications for this once world power.

However, the encounter with Russia has also provided important leads to China's response to the complex international situation.

First, let's take a look at how Russia is sanctioned.

Before the outbreak of the Russian-Ukrainian conflict, Russia had a total of thousands of sanctions items on the Western sanctions list.

After the escalation of the conflict, the number of sanctions quickly exceeded 30,000, making it the country with the most severe sanctions in the world.

The financial system was almost paralyzed: most Russian banks were excluded from the SWIFT international settlement system, resulting in a significant decline in their foreign trade settlement capabilities; platforms such as Apple Pay and Google Pay restricted Russian users; the London and New York Stock Exchanges directly delisted Russian company stocks, and Swiss banks froze tens of billions of dollars in Russian assets.

This series of measures led to the depreciation of the ruble, the stock market crash, and Russia¡¯s overseas assets were almost destroyed.

Sanctions also go deep into the area of people's livelihood.

The daily life of the Russian people has been significantly affected, food prices have risen, and inflation has remained high. Even if the Russian government has introduced measures to try to stabilize prices, the prices of basic foods such as bread, milk, eggs have continued to rise. Unemployment has risen and the pressure on people has doubled. At the same time, the Russian technology industry has also suffered from sanctions.

Chip companies such as TSMC and Intel collectively cut off supplies, and Boeing stopped selling aircraft parts to Russia, causing the aviation industry to be in trouble. Smartphone prices have soared, and the lack of spare parts has even made many devices impossible to upgrade or repair.

Sanctions in the energy sector have directly hit the lifeline of the Russian economy.

As the world's largest energy exporter, Russia relies heavily on oil and natural gas exports for its GDP. However, the United States and the United Kingdom were the first to announce a comprehensive ban on the import of Russian energy, while the European Union imposed a crude oil price limit order, forcing Russia to sell oil at a low price.

Energy export volume and income have dropped sharply, and the chain reaction has spread to the entire petrochemical industry chain, resulting in shrinking corporate profits and rising unemployment.

Russia's tragic experience has sounded the alarm for China.

In the context of globalization, how does China respond to similar comprehensive sanctions?

Fortunately, China has the world¡¯s only all-industry chain layout, which has become a key advantage in tackling sanctions.

In addition to importing oil and natural gas, China has also made world-leading technological breakthroughs in the fields of wind power, hydropower, photovoltaics and nuclear energy, and has mastered ultra-high voltage power transmission technology, which can achieve self-sufficiency when energy supply is limited.

In the financial sector, China has deployed the RMB Cross-Border Payment System (CIPS) early, covering more than 189 countries, gradually reducing its reliance on the SWIFT system.

Domestic payment systems such as Paypal and WeChat payments have long become mainstream, almost free from Apple payments or Google payments withdrawal from the Chinese market.

However, China¡¯s advantage does not mean that it can be cared for.

The shortcomings in the chip field are still the "card neck" issue, and the urgent need to accelerate technological breakthroughs.At the same time, China's high foreign trade dependence, how to maintain economic stability in a complex international situation, is also a long-term challenge.

The lesson of Russia tells us that no country can depend on others forever. Only continuously improving the layout of the entire industrial chain, enhancing financial and risk prevention capabilities, and building a comprehensive defense system can stand unbeatable in future international competition.