A roast duck restaurant can go public to make money, and then issue a large number of stocks! People don't care how much profit this roast duck restaurant can make every year, as long as they buy stocks and wait for them to appreciate, because here is the largest concentration of financial speculators in the world, and any stock is

It is an opportunity, but in fact it contains huge financial risks.

The same is true for housing prices in Hong Kong. Everyone is driving up housing prices. What is the direct result of this? Manufacturing, even high-end manufacturing, cannot survive at all!

Land prices are so expensive, and the cost pressure to build factories there is too high! Basic manufacturing industries are prohibitive.

What is the direct result of the failure of the real economy to take off? A large number of low-skilled young people are unable to obtain employment opportunities. Once there is a slight disturbance in the economy, these people will be the first to make a fuss because they have no food to eat.

What happens when the financial crisis is over? These people will plunge into the stock market and real estate market again, further driving up housing prices and stock prices. This is a vicious cycle with no end or end.

So it seems that the current problem in Hong Kong is a problem of this or that. In the final analysis, it is an economic problem! System problem!

There are serious problems with Hong Kong's original system. There have been no fundamental changes from 1997 to now. The country has seen it very clearly. If this problem is not solved early, there may not be any problems in the next step.

Both Taizu and Chengzu realized this. Institutional issues must be reformed from top to bottom, and they must not be ambiguous even if they pay a price.

Looking at Huawei again, do you really think that Huawei is just a sudden technological advancement and Americans are afraid of it? Not so, or it is an institutional problem that the technology comes first and leads to the establishment of rules!

If Huawei masters 5G technology, it will establish China's institutional rules in the fields of communications and high-tech. The various systems that Americans have worked hard to establish in this field and have allowed countries around the world to abide by for decades and hundreds of years will be overthrown.

replace.

In the future, people's deep-seated dependence on the systems of European and American countries will gradually be released. Huawei's 5G and the original communication technologies and rules of European and American countries are fundamentally different concepts, as incompatible as European religion and China's Confucian civilization!

Rules derive civilization, civilization creates value, value derives wealth, and wealth needs a reasonable institutional structure to distribute! The West is constantly strengthening the possession and concentration of the wealth of the entire lower class by the upper class.

China has accumulated five thousand years of civilization to this day. In modern times, it is true that wealth has been created and accumulated through the reform of rules at the middle and lower levels, but the structure and rules at the top have not changed.

Achieving food and clothing, a well-off society and great harmony is a national policy that our country has always adhered to. During the reform and opening up, our country's top leaders have been working hard to build their own systems and rules in all walks of life.

Huawei is the best example. With Huawei, Chinese people no longer eat dirt! Instead, they let latecomers eat dirt. This is the first-mover advantage of the system.

If you want to do well, you must establish your first-mover advantage in a certain field and then formulate rules! Temporary technological advancement in a certain field does not mean anything, forming an institutional advantage is the most critical.

It has been a long time since Huawei established its 5G technological advantages. It has formed a complete set of rules and regulations. This has attracted the attention of European and American countries. Otherwise, do you think they would care about China's leadership in a certain field?

Our manned spaceflight is so expensive, why do we have to carry out various innovations again and again and keep trying to launch? And our country's orbiting satellites initially lost money, but we still kept launching them, and now we are making money.

Why? If others recognize your rules, your rules will become the system!

This applies in any field, not simply in politics, which would be too shallow to look at it that way.

You are engaged in the field of physical manufacturing, so if you want your company to develop for a long time, then establish confidence and benchmarks, and become the next Huawei, instead of always being like the vast number of private entrepreneurs in China, who are willing to work as OEMs and servants for others, and are complacent.

Counterattack in life is achieved by depriving ordinary workers of their meager surplus value...

Mr. Ma's words were so shocking that Ji Dongqing had to re-examine the octogenarian old man in front of him. He seemed to have underestimated him in the past so many years.

Only now can I really see the other person clearly. This knowledge alone cannot be understood without decades of painstaking research. Most people just follow what others say.

Especially when it comes to the vast number of private entrepreneurs in China, the conclusion is absolutely pertinent and hits the mark.

Including Zou Heizi and his gang, all without exception are earning price difference orders for external processing. Nowadays, the majority of so-called entrepreneurs are still immersed in the dream of external OEM.

As for innovation and independent research and development, it is basically zero.

"Mr. Ma, what did you do before? I used to watch you run marathons, so I know so much about this..."

Ji Dongqing couldn't hold it back in the end and turned to Mr. Ma.

"My grandfather is in the Department of Science..."

"Ahem, talkative! Identity is not important. China's future development path will be transformed in just one or two years! You can understand that I am very happy that you can develop to this point, but I also hope that you can shoulder this responsibility.

!You have to know that not many people can be as lucky as you!"

“Eighty percent of entrepreneurs have already died on the road, and half of the remaining 20% ​​will choose to sell their business to the other half, and half of the other half will choose to eventually go into finance and turn the business into a tool for attracting money!

You are one of the few people who have been running a business at the same time and still have peace of mind as an entity, which is not easy!"

"Remember the lessons of the Hong Kong issue, and read more of our ancient books! Since ancient times, there has been no stability without agriculture, no business, no wealth. What will be the final outcome of our country's commercial era that lacked agricultural support in the farming era? In the modern era of industrialization, agriculture is still the foundation of the country.

The foundation! Industry is the road to a strong country, and finance is just a financial tool to store wealth!"

"Our country is also at the critical stage of transformation in modern times. Whether finance is tamed or tamed in our country will be a big problem. You will encounter it soon, but don't panic, just do it according to your heart, and don't force it.

This is also the advice given to you by my old friend!"

Mr. Ma saw that Ji Dongqing had listened to his remarks and was very happy, but he didn't say much.

After all, Ji Dongqing's development to this point relies on his own indomitable drive, rather than an old man like himself treating Ji Dongqing as a puppet behind his back.
Chapter completed!