The Iraq War continues.

The U.S. Air Force and Navy stepped up their strikes, launching more missiles at Iraq and launching large-scale air strikes in an attempt to destroy Iraq's air defenses and air power and reduce Iraq's war potential.

After three days of missile attacks on Israel and Turkey, Iraqi missile forces have basically exhausted their short-range ballistic missiles and have stopped.

Meanwhile, China is already preparing for the upcoming Spring Festival.

It's the end of the year, and all walks of life are strengthening their work on safety in production. Factories, shopping malls, streets, etc. are all strengthening awareness, inspections, and training on safety in production.

Liu Tao visited various companies under Panshan Group and returned to the headquarters of Panshan Group on January 1.

From November, Kunming becomes colder. In November, the average daily maximum temperature is 11℃ and the average daily minimum temperature is 11℃. In December, the average daily maximum temperature is 20℃ and the average daily minimum temperature is 8℃. In January, the average daily maximum temperature is 12℃ and the average daily minimum temperature is 16℃.

You can even see snow in the mountains or at higher altitudes.

Liu Tao's return to Panshan Group's headquarters also means that Panshan Group's year-end party committee meeting has begun!

There were no major personnel adjustments at this year's year-end Party Committee meeting, only some minor ones.

Liu Tao spoke highly of the work done in 2003.

The year 2003 was a year of extraordinary significance for Panshan Group. Both the military and civilian fields flourished, and both wings flew together, ushering in tremendous development, with turnover and profits rising significantly.

This is the third consecutive year of significant increase since 2001.

In the military industry, thanks to the substantial increase in order volume, China Southern Ordnance Industry Group Corporation completed RMB 2003 billion in 4300, including RMB 2856 billion in foreign trade orders and RMB 1444 billion in internal orders.

Since 2001, the United States has significantly increased its military spending. The shift in U.S. strategy has stirred up trouble in the world. All countries have been affected and have significantly increased their military spending and purchased advanced weapons and equipment.

Countries in the Middle East, South Asia, and Southeast Asia are all eliminating old military equipment and updating them with new weapons and equipment. Even some Latin American countries are purchasing advanced weapons and equipment.

China Southern Ordnance Industry Group Corporation has been busy for a whole year and has delivered a rather shocking report card.

In the civilian sector, the total revenue of China National Petroleum Corporation alone exceeded 3 trillion yuan!
China National Petroleum Corporation has also become the second highest revenue-generating group in the civil sector of Panshan Group.

The company with the highest revenue was not any other company, but China Southwest Industrial Group Corporation. In 2003, the total sales of automobiles and motorcycles exceeded 3.7 million again, and the total sales of China Southwest Industrial Group Corporation exceeded trillion yuan.

Ranked third in total revenue is China Southern Power Grid Corporation, which supplied 4.2 trillion kWh of electricity throughout the year and had total revenue of 1.8 trillion yuan.

Ranked fourth is China Communications Investment Holding Group Corporation, with railway passenger and freight revenue of 8208 billion yuan, highway revenue of 3265 billion yuan, and total revenue of 1.15 trillion yuan.

In fifth place is China Mobile Communications Group Corporation, with a total revenue of RMB 6985 billion, and in sixth place is China Internet Group Corporation, with a total revenue of RMB 6213 billion.

Next is China Southwest Electronics Group Corporation, which sold 2003 million desktop computers and 2589 million laptops in 2565 alone. The revenue from desktop computers and laptops alone exceeded RMB 2100 billion. Adding after-sales service, spare parts sales, chips, mobile phones, etc., the total turnover of China Southwest Electronics Group Corporation exceeded RMB 5000 billion.

Ranked eighth in total revenue is China Aerospace Services Group Corporation, with total revenue of 3289 billion yuan.

Combined with other aspects, Panshan Group's total revenue in 2003 reached RMB 16.89 billion, accounting for about 40% of the national GDP.

Of course, a considerable portion of this is overseas revenue. Excluding overseas revenue, the total revenue in China accounts for more than 25%.

However, the calculation cannot be so simple and crude, because corporate revenue and GDP are not simply equated.

But this also reflects how huge the Panshan Group has grown to and what a terrifying behemoth it has become.

In recent years, there have been constant voices calling for the splitting up of Panshan Group. After all, Panshan Group is too large, so large that it is unimaginable.

The most frequently repeated reason for the split is that monopoly is not conducive to market development.

However, Panshan Group has always emphasized that it pays taxes when it is due and keeps clear accounts. The total amount of taxes it pays each year makes it undoubtedly the country's largest taxpayer, and it is also the central enterprise that pays the most profits each year.

Even now, these people have not been able to succeed.

The total revenue is high, and the total expenditure is also high!
Although Liu Tao is very happy about this year's explosive growth, he still remains rational.

For example, in the military industry, overseas orders will only take one or two years, and the future will still be mainly domestic. Domestic weapons and equipment procurement is about 100 to 200 billion yuan a year. In the future, the total revenue of the military industry will not increase but will decrease, and is estimated to remain at a total revenue of 200 billion yuan.

The revenue of China National Petroleum Corporation surged mainly because of the sharp increase in the prices of oil and natural gas. However, the prices of oil and natural gas will not remain high. In the future, due to the increase in volume and the decrease in prices, the revenue will not change much, but the profit will drop significantly. The profit of China National Petroleum Corporation increased significantly this year because of the use of strategic reserve oil and overseas reserve oil depots.

As for the automobile and motorcycle industries, the European and American markets are not optimistic, especially in the American market. Some voices have already appeared. If the Americans make some small moves, it will also affect the sales of automobiles and motorcycles in the United States. Of course, the same is true for motorcycles. After buying a car, it is impossible to buy it every year.

If there is any aspect of revenue that has uncertainty, it is Southwest Electronics Group Corporation. The global market for desktop computers has shrunk, while the market for notebook computers has increased significantly. Whether this is good or bad is still unknown.

In addition, the investment in railways, highways and electricity has not yet been recovered.

There is also the China Mobile Group Corporation. The next big move is to popularize 3G. The construction of 3G base stations will require an investment of hundreds of billions of RMB.

Although the construction of 3G base stations in China will be completed in the first three years, followed by the construction of 3G base stations in Southeast Asia and South Asia, and the Middle East and Africa will be more through cooperation, there is no doubt that the investment will be very large!

In addition, large hydroelectric power stations and nuclear power plants also require heavy investments! (End of this chapter)

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