Only after being reborn did I realize how fascinating the world of the rich is.

Secretary Li nodded: "Indeed, especially the cultural industry, which is currently a sector that the country is strongly supporting, and it is also a long-term strategic development decision of ours."

Spreading our 5,000-year-old Chinese culture to the world, allowing people worldwide to understand our traditional culture, can promote our international cultural exchange and indirectly boost our international economic development.

"Another aspect is the upstream and downstream industries of the chip industry chain. After we have chip foundries, we also need to invest in the excellent chip design companies upstream and the major chip manufacturers downstream. This will at least help us get orders."

Many people think that chips are only for mobile phones and computers, but in fact, a large number of electrical appliances also need chips, such as televisions, refrigerators, various LCD screens, car sensors, and even smart locks in the home.

These chips do not require advanced manufacturing processes; 65nm, 90nm, or even 180nm processes are sufficient to meet the requirements.

Li Xiaofeng was willing to invest in a chip foundry because the Li Group itself owns an electric vehicle factory and a drone company, both of which require chips.

With the strong support of Secretary Li, Li Xiaofeng is confident that he can secure enough orders to support the production capacity of his chip foundry.

In fact, computer chips do not require very advanced manufacturing processes; only smartphones require such state-of-the-art chip manufacturing processes.

This is mainly because the area of ​​a mobile phone cannot be too large, and it is best not to be too thick either. There is only so much space inside, so all the components must be as small as possible.

In my previous life, although China's chip industry was not as advanced as that of foreign countries, it was able to compete on equal footing with foreign chip industries by focusing on low-to-mid-end mature processes.

In this life, Li Xiaofeng also joined in. With the hundreds of billions of assets that the Li Group already possesses, he can certainly give a boost to China's chip industry.

Secretary Li smiled and said, "Okay, I trust you. Investing the funds in your hands is much more promising than investing them in those real estate companies."

However, I must make it clear to you first that I have principles in doing things. I can help you coordinate matters within the bounds of my principles, but I will not go along with your nonsense about matters that go beyond my principles.

Also, once you have funds, you must be careful to control your group's debt ratio. Don't act recklessly and bankrupt the group, which would ultimately drag down these high-tech industries. Understand?

"Rest assured, the Li Group has been steadily progressing to where it is today. The reason why the group has decided to increase its external investment is to earn some money from other companies and develop the Li Group's industries."

Soon, Secretary Li arranged for Li Xiaofeng to meet with the group of chip foundry technology engineers from the Bay Area and hold talks with their leader.

The person in charge was named Chen Jianfeng. He was very polite and courteous on the surface, but everyone could feel his disdain for mainlanders.

"You mainlanders are no good. There are simply not many chip talents on the mainland. The students trained in schools are even less likely to be competent in chip-related work!"

Li Xiaofeng smiled and said calmly, "Mr. Chen, as far as I know, Chinese people make up at least one-third of Silicon Valley, and the vast majority of them were trained by universities in mainland China."

"The talents in mainland China are mostly test-oriented, lacking innovation, and are not suitable for the chip industry."

"Mr. Chen, first of all, you need to understand one thing: the chip technology you brought is not the most advanced technology in the chip industry. Although our mainland's chip industry is lagging behind, that is no reason for you to be complacent."

Secondly, engineers responsible for chip production in factories do not need innovative talents, but rather test-taking talents with solid basic knowledge. Only engineers responsible for research and development need to be innovative.

Furthermore, it's not that we lack innovative talent in mainland China. In fact, we are currently lagging behind in many technological fields. Our priority should be to catch up and reach the world's advanced technological level before we can consider innovation.

It's like a child who must learn to walk before learning to run. If you try to run before you can even walk steadily, you're bound to fall.

Chen Jianfeng gently pushed up his glasses with his index finger and said in a somewhat disdainful tone, "President Li, it's pointless for you to try to defend yourselves here. Everyone in the world knows that you mainlanders like to steal other people's technology."

"Heh, according to you, the whole world stole China's technology to develop!"

"What do you mean by that?"

"Without China's papermaking technology, how did Western civilization develop?"

Without the printing press of China, how did Western civilization spread so rapidly?

Without China's gunpowder, how did the West breach those heavily fortified medieval castles?

Without the Chinese compass, how did the West usher in the Age of Exploration?

"You're just hyping yourself up. What evidence do you have to prove that you created these technologies? Besides, this happened so long ago. Don't you feel ashamed to bring it up again?"

"Mr. Chen, don't you consider yourself Chinese?"

Chen Jianfeng remained silent.

Li Xiaofeng smiled and continued calmly, "Yes, back then there was no such thing as technology patents. Everyone could use it, and we had no say in it."

Why is it that when others use our technology without saying a word, but we use technology whose patent protection period has expired, or borrow from other people's patents to develop our own, we are considered thieves?

Also, since you mentioned that ancient times are quite distant, let's talk about modern times. John Bull was the first to usher in the steam age, and later the Prussians developed their technology by drawing on John Bull's techniques. Then, the great American nation developed its technology by drawing on the technologies of the whole world.

If you truly respect history and facts, you should know that everything I say is true. All the late-developing industrial and technological powers first learned from others.

When we've reached the pinnacle of learning from others, and there are no more countries around us to learn from, then we begin technological innovation. This is a historical fact and an inevitable law of technological development.

Chen Jianfeng didn't know how to refute, so he simply changed the subject: "President Li, arguing won't solve anything, let's get back to the main topic!"

Since you don't have anyone here who can take on the responsibility, and no one understands the chip industry, isn't it only right that our technical team takes over the operation and management?