Longguo implemented a planned economy from the mid-50s and carried out economic reforms until the late 70s.

For more than 20 years, enterprises within each system have been living like a team, eating from the same big pot.

No distinction between each other, cooperate with each other.

Any exclusive patent of a company can be shared free of charge by other companies.

The means of production are supplied at a fair price. If one enterprise encounters difficulties in research, a large number of enterprises will immediately lend a helping hand.

Since the implementation of the economic reform, the state has reduced its financial allocations to its subordinate enterprises, and each enterprise has begun to transform into a joint-stock company, seeking its own way out and taking responsibility for its own profits and losses.

A series of new problems have emerged before the heads of various companies: how to take the path of market economy?

How to seek the greatest benefits for yourself in cooperation with foreign companies.

These problems have always plagued various companies.

In the early 1980s, the westerly wind blew eastward.

A large number of foreign goods entered the Dragon Country, and all kinds of remarks praising foreign countries were heard everywhere, which led a large number of domestic business leaders to develop a naive idea that foreigners valued the spirit of contract.

As long as we provide the products they need with quality and quantity, our company can make huge profits.

the reality is cruel.

Seeing the conflict between Northern Machinery Group and the island country's photoresist companies, a bucket of cold water was poured on everyone's heads.

Foreign companies are not good guys and Westerners are not philanthropists.

Once a company goes abroad and steps into the international market, and comes into conflict with certain overseas companies, even if other companies do not attack it together, they will definitely take the opportunity to add insult to injury and make a fortune from it.

The collective price increase of photoresists around the world is the best proof.

Everyone actually knows why the higher authorities and Northern Machinery Group held this conference.

As the meeting progressed, the spirit of the meeting permeated everyone's minds.

Focus our efforts, develop together, and work together to fight against the double standards policies of Western companies.

Development decisions became the main theme of the meeting.

The Ministry of Electronics Industry will join hands with Northern Machinery Group to establish a large semiconductor company.

Longguo Microelectronics Group.

All companies participating in the meeting will become supporting members of this group.

The Ministry of Electronics Industry provides policies and full support at all levels.

Northern Machinery Group provides financial technology, talent and market resources.

The two companies each hold half of the shares. The Ministry of Electronics Industry is not responsible for the actual work of the group, but only provides guidance.

On some major issues, Lin Kaifeng will make the decision on his own.

The group’s annual profit is divided into three parts, one part is submitted to relevant departments, and the other part is invested in the development of numerous semiconductor companies.

The last part will be used as profit for Northern Machinery Group.

After the meeting, each company received its first order.

Integrate existing resources, focus on the advantageous projects of each company, and form a complete semiconductor upstream and downstream industrial chain.

This upstream and downstream industrial chain is different from the semiconductor industry chain built by the Northern Economic Group itself.

It covers a full range of technologies, research and development, equipment updates and upgrades, and technical personnel training.

The content of the cooperation is extremely large.

It can't be explained clearly in just a few words.

Immediately afterwards, Lin Kaifeng subdivided the projects for the technical team that moved to Pengcheng Industrial Zone.

On the basis of ensuring the existing research, Lin Kaifeng separated a group of people from the technical team to further upgrade the current processor.

Currently, the Mechanical Group has the ability to design 8-bit and 16-bit game console processors respectively.

In Lin Kaifeng's opinion, this is far from enough.

Research on 32-bit processors must be started immediately.

There is still one year before the Plaza Accord officially begins.

One year later, the United States will lead finance ministers of many countries to carry out economic reaping from the island countries.

In this economic harvest, the island nation's economy became the biggest loser.

The United States has forcibly put the economic growth that has lasted for more than two decades on hold.

The global economic crisis a few years later completely burst the island nation’s economic bubble.

From that day on, the island nation's economy never recovered.

In the entire economic harvesting plan, the United States is targeting not only the island country, but also another economic powerhouse.

West Prussia.

As defeated countries, West Prussia and the island country have both achieved remarkable economic development. One is the world's second largest economy, and the other is a major scientific research powerhouse with development in multiple fields.

Unlike the island countries, although West Prussia was also targeted by the United States, it did not fall into despair.

The reason is all due to a major event that shocked the world in the late 80s and early 90s.

The Soviet Union collapsed.

The member states and satellite states have separated and lived independently.

West Prussia completed its merger with East Prussia and gained a whole new market.

"Brother Lin, you are amazing. The real estate market in Hong Kong has collapsed in the past two years. Many bosses who became rich overnight by speculating in land eventually chose to jump off the roof."

Not long after, Wang Lei came to the mainland.

After nearly two years of development, the real estate investment company established by Lin Kaifeng and Wang Lei has grown to a considerable scale.

When the real estate company was first established, Lin Kaifeng made two decisions.

First, based in the port city, find the right opportunity to acquire a large number of real estate projects in the port city.

Second, invest domestically.

Build residential houses and commercial hotels in major cities such as coastal special economic zones.

Not long ago, Wang Lei reached an agreement with relevant departments of Pengcheng to build a modern residential building in Pengcheng.

At the same time, a large commercial hotel will be built on the outskirts of Lin Kaifeng's industrial zone.

Lin Kaifeng handed the brewed tea to Wang Lei and said, "The development of any matter has two sides. Throughout the 70s, the global economy was booming. As one of the world's top trading cities, Hong Kong City relied on its own electronic manufacturing industry to achieve rapid overall economic development, which led to a sharp rise in real estate prices."

"Because of the special geographical location of Hong Kong, it is very susceptible to external influences. Since the country and Britain reached a negotiation on the ownership of Hong Kong, local capital has become uneasy, and investors have gradually lost confidence in Hong Kong's real estate, so real estate prices will naturally fall sharply."

"In one or two years, Hong Kong's property prices will rise again. The mainland has made it clear that it will not change Hong Kong's current economic development and will continue to maintain its current development model."

Hearing this, Wang Lei put the tea aside and said, "Brother Lin and I have the same opinion on this point. Starting this year, the number of local residents who immigrate abroad has begun to decrease, proving that people's hearts have stabilized. Once people's hearts are stable, the demand for housing will further increase."

"The long-term slump in property prices will soon change."

Lin Kaifeng added: "The Hong Kong city's real estate market will usher in a new spring, but the island country's economy will soon enter a cold winter."

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like