The staff of the trade management department of China have been tragic in order to balance the trade with China's major importing countries. In order to find more export products, these staff searched around the country to find more export foreign exchange-making products.

What Xu Guo is talking about now is simply putting forward a new idea, which is to use advanced Western technologies and cheap human resources in China to create competitive light industrial products.

From a technical perspective alone, this model can completely achieve a perfect fit with the heavy industry in China's major importers.

After hearing what Xu Guo said, Niu Shouzhuo couldn't help but sigh that his idea was very inspiring. He had discussed it many times when he went to the meeting, in order to balance the trade between China and the main importing countries of China.

Although shortly after the founding of the country, China and the northern brother countries signed trade agreements and payment method agreements between the two parties, the trade between the two parties is based on bilateral barter trade based on the agreement reached by negotiations between the two parties once a year.

The method of handing over the physical goods and then checking on the books is adopted. In this way, neither party agreed to pay the current world-wide foreign exchange for settlement. This method is collectively called agreed bookkeeping trade.

According to the first trade agreement and payment agreement between the two parties signed by the two parties in the past two years, the two parties determined the prices of major commodities based on the world price. Since the price of raw materials in the market was low at that time, the two parties later fixed the contract price to become a fixed price.

Due to this price pricing method, the price of raw materials has been locked, and we are precisely using export raw materials to balance the trade between the two, so we have become a simple raw material provider.

At that time, this situation seemed unchangeable because our machinery and equipment and technology were imported from the North Brothers. It was basically impossible to produce the products and sell them back.

Now Niu Shouzhuo saw from Xu Guo’s idea that the possibility of us vigorously developing light industry is not too big a threshold for food processing, clothing manufacturing, etc. Apart from a certain degree of quality differences, other things can be achieved by using low labor costs.

Next, the light industry machinery and equipment imported through Xiangjiang are not actually too strict in the control of such machines. As long as one or two prototypes can be imported, it can also be copied in China for expanding production.

The more Niu Shouzhuo thought about it, the more he felt it made sense. With our current technical strength and the actual needs of our good brothers, we must vigorously develop trade between the two sides and balance the trade quota between the two sides. It is a very practical thing to develop light industry in China.

At present, our financial resources are limited. In order to catch up with developed countries as soon as possible, we can only develop heavy industry first and establish a basic industrial foundation, just like the north.

Therefore, the first five-year plan in preparation was basically spent on heavy industry. Although there was some investment in light industry, it was mainly to meet the basic production and living needs of the people.

Niu Shouzhuo saw from his dialogue with Xu Guo that the development directions were different from those discussed at the meeting before, and vigorously developed light industry by introducing external investment and technology. These developed light industries are completely aimed at the external market, especially the actual needs of the good brothers and big brothers.

This method can not only double the value of domestic raw materials without the need for state investment, but also solve the problem of domestic labor employment. It can be said that it is a very good method.

The only thing to consider is whether it is suitable for the current China, but this is not something that an academic person who is simply engaged in academic research can decide. The specific one is to report to the top during the meeting and let the top consider it comprehensively.

Niu Shouzhuo quickly thought about the above questions in his head, and suddenly realized that he had neglected the student in front of him.

"I'm sorry, Xu Guo, because I was deeply inspired by what you said, I was so impressed by what you thought about."

"It's okay, principal. I think this is often the case when things are happening. This time it will be an honor for me to inspire you."

Xu Guo was really happy to hear what he said inspire the other party. Although the other party did not say that he was inspired in any specific aspect, no matter what, I think some of the industrial development concepts he brought with him should be conveyed to the above through the channels of Principal Niu.

"Student Xu Guo, I think your thesis opening report is quite good. Have you written any papers before?"

Because of appreciation, Niu Shouzhuo began to care about Xu Guo.

"Report to the principal, I did write several papers before and have been published in newspapers or magazines."

"Oh, it's pretty good, let's hear it."

So Xu Guo briefly described the title and general content of the paper he had published in the newspaper to Principal Niu.

After listening to Xu Guo's brief description, Niu Shouzhuo found that the student in front of him was even more interesting. Although those papers were not very profound, writing the paper itself proved that he had the same basic qualities as undergraduate graduates. The two paper proposal reports submitted today also proved this point.

"It seems that you are doing a solid academic job. How do you feel after studying in college for so long?"

"I feel pretty good. Before I went to college, I had already finished my math that I had to study in college economics. Now I have basically finished my own studies of several major courses, otherwise I would have no time to do papers."

After hearing Xu Guo say this, Niu Shouzhai became a little interested and picked a few questions to answer him. From the results, we can see that what Xu Guo said is not false.

After the Q&A, Niu Shouzhe saw that Xu Guo really had some knowledge of the things in the textbook and could not ask too many new ideas. So he simply asked him a question he was thinking about just now.

"You mentioned just now that you introduced foreign funds to deep-process the raw materials and products we produce, and through this, we can improve our product export situation.

Now I would like to ask if you have considered whether it will have an impact on our economy after it is introduced, and if it has an impact, will this impact be controlled?"

Regarding this question, there are very mature models to learn from in the future market, so Xu Guo can answer it very easily. However, in order to be safe, he specially found a solution that can control the scope of influence.

"I think the reason why the principal asked this is definitely because the administrators before the founding of the country gave up too much interests when introducing foreign funds, and the losses of these interests further reduced the space for national industries' development.
Chapter completed!