Rebirth of the Hong Kong Tycoon

Chapter 214 Chapter 213: Long Road Ahead
Xiangjiang's current pillar industries are small household appliances and textiles.

Without technology accumulation, you can just buy a production line and gather workers to start work.

Piece-rate wages, no basic salary, and you get paid as much as you do. You can only earn about 2000 yuan a month after working hard.

Between Tsuen Wan and North Point, there are countless such sweatshops.

Xiangjiang's trade prosperity was built on countless factory sisters and factory brothers.

However, there is an unchanging iron law in the manufacturing industry. It will migrate to areas with lower manufacturing costs, which is irreversible.

False prosperity!
Once the export volume drops sharply, the huge unemployed population will cause a huge impact, so it must be buffered in advance.

Richard understands these truths better than Lin Huaile. It's just finding new economic growth points, which is not as easy as talking about it.

A new industrial chain needs to invest real money regardless of cost.

Money is still a trivial matter, and the time cost alone is daunting.

"A computer that costs more than two thousand dollars has a very single function. Even if it needs to be developed, it will take more than ten years."

"The price alone is not acceptable to ordinary people."

"How can you guarantee that it is the future!"

Richard pondered for a moment and asked the most critical question.

"The potential of the semiconductor industry is huge, the theme of the world tends to be peaceful, and the new generation of teenagers in Europe and the United States pay more attention to inner entertainment."

"Nintendo in Japan, you must have heard of it. They and Mitsubishi jointly launched the TV game platform Color TV Game 6, which contains 6 simple versions of tennis games, and has sold hundreds of thousands of copies in Japan."

"I invited a professional consulting company to conduct research and found that the entertainment industry is huge."

"You have also seen Apple computers, which can only edit simple text."

"But what TV can do, computers can also do, and even TV may be defeated by computers in the future."

"Fengrun will establish Fengrun Electronics Company next month to formally enter the semiconductor industry."

"We will imitate the design concept of Apple Computer, assemble and design the first generation of products."

"Mr. He Jiaping, a radio professor at Hong Kong University, will serve as the chief designer. He is considered a top talent in the entire Asian radio field."

"After the product design is successful, I will apply for the establishment of the Asia Electronics Technology Exhibition, and prepare to turn Xiangjiang into a high-tech capital."

Lin Huaile looked into the distance, his mouth full of imagination about the future.

A good businessman must be an excellent speaker.

To attract investment and support, you need a sharp tongue to convince the other party that the industry has a bright future.

The most important point is that Lin Huaile truly believes that the semiconductor industry will succeed. After all, he has personally experienced how the entire industry grows bigger and stronger.

"future!"

Richard muttered something in his mouth.

He is well aware of the situation of several emerging semiconductor companies in Japan. In Asia, the only two companies that can compete with Xiangjiang are Japan and South Korea.

The industrial support of the Yankees has allowed the industries of the two countries to take off rapidly.

The home appliance industry that Xiangjiang has cultivated in recent years has fought with them from Southeast Asia to North America and Europe. If it weren't for Xiangjiang's preferential tariffs, it would have been defeated long ago.

The role of the Chief Secretary is to ensure the sound and orderly development of Xiangjiang.

He was watching "The Chrysanthemum and the Knife" recently, and the description of the little devil was very accurate, with patience and cruelty coexisting.

Richard's understanding and positioning of himself is very accurate. He is the first person to set the policy direction. In this regard, he is much better than many older Whitehall colonial officials.

Many older British colonial officials tend to become slack because they are far away from the British mainland and have been delayed in promotion.

But Richard is different, he has a bright future.

Washington's support for Japan's large-scale global free dumping is not necessarily because it wants to curb the development of Xiangjiang.

This is the conclusion he came to after sorting out the trivial data left by his predecessor.

In Xiangjiang, the hardest hit by the dumping of Japanese goods is the stationery, hardware, and home appliance industries.

Take several local home appliance companies as an example. Last year, they produced a total of 15 TV sets, exported sets, and sold the rest in the local market in Hong Kong.

The sets of TVs exported are mainly sold in London, British territories, the Middle East, Australia, Africa, Europe, India, Indonesia, Egypt and other regions.

These are the traditional territories of the empire, and also the traditional dumping grounds of Xiangjiang.

But this year, things have changed.

The dumping of Japanese goods, which quickly recovered with the support of Washington and stood out in Asia, had a huge impact on Hong Kong's industry and commerce.

In addition to London, other British colonies and the Middle East still maintain the original sales volume of Hong Kong's home appliance industry this year.

Australia, Africa, Europe, India, Indonesia, and Egypt, the original sales places of Xiangjiang, have been invaded by Japanese products.

The CIF price is even lower than the ex-factory price of Xiangjiang, which easily squeezes Hong Kong stationery out of these areas.

However, Xiangjiang does not have enough strength to fight a price war with Japan, because the price of raw materials has risen, and there is no basis for a price war with Japanese products to compete for the market.

The Whitehall Assistant Secretary for Economic Affairs has made three phone calls this week alone, asking how to change the current difficult situation.

Richard was speechless and thought that he could only cover up the past, saying that the Governor's Office was formulating an industrial revitalization plan.

"What kind of support do you need?"

The severe situation made it impossible for Richard to maintain a calm expression, so he finally let go and asked Lin Huaile his ultimate goal.

"I need a loan and I need the full support of the Governor-General."

Lin Huaile didn't hesitate, and directly opened his mouth like a lion. Everyone in Xiangjiang knew that Richard had the right to control loans of more than one billion pounds.

"Ha ha!"

Seeing the little thief in front of him, Richard finally revealed his true intentions, grinned, and said, "The money I have is for improving the port."

"Governor MacLehose has also tried a few times, and wants to invest this loan in municipal construction."

"They're all staring at each other."

"As a janitor, I dare not take any action. If I take a wrong step, Whitehall will hear the news and call to reprimand me."

"By the way, how will you make arrangements for Wen Ning's future?"

Richard suddenly changed the subject and asked about his wife's career development.

Lin Huaile already had a draft in mind, without any hesitation, he replied directly: "Mrs. Wen Ning can only serve for five years at the evangelistic meeting. After five years, she will be reorganized and become the honorary chairman."

"I also take into account that the time in office is a bit short."

"So I specially reserved the position of independent director of Fengrun Insurance for my wife, with an annual salary of 50."

"The image ambassador of the Xiangjiang Tennis Open, the honorary chairman of the board of directors, with an annual salary of 30."

"As long as these two institutions are still in my hands, Mrs. Wen Ning will take office forever."

"You should understand this revolving door mechanism better than me!".

(End of this chapter)