Chapter 413 The Butterfly Effect
In the evening, Liu Tao was watching the 7 o'clock news.

Every day he would take time out to watch the 7 o'clock news.

Whether it is international news or domestic news, whether it is central government policies or local people's livelihood, Seven O'Clock News is the most authoritative publishing organization.

At this time, an international news was being reported that the U.S. Department of Commerce and the Ministry of International Trade and Industry of Japan officially signed the "U.S.-Japan Semiconductor Agreement" after more than a year of wrangling.

Liu Tao's butterfly effect is very obvious. In this regard, the United States increased pressure and forced Japan to sign this agreement.

The most important reason for this is that Intel’s current situation is far less prosperous than in another time and space.

In another time and space, in 1982, IBM's PC launched a personal computer craze, which led to a surge in sales of X86 series processors and created huge profits for Intel.

But in this life, X86 has already died in the womb. Intel's original profit source lies in the memory business, but now the memory business has also been greatly squeezed.

This made life very difficult for Intel.

Although Intel is not the largest semiconductor company in the United States, its influence in the semiconductor field is unmatched by many other peers. Robert Noyce, one of the three founders of Intel, is known as the "Father of Silicon Valley".

When Intel mobilized the entire Silicon Valley to put pressure on the US government in order to survive, the efficiency of the White House immediately improved.

The main content of this US-Japan semiconductor agreement is to set the export prices of six types of Japanese semiconductors to the United States and third countries, thereby preventing Japanese companies from dumping at low prices.

Liu Tao shook his head slightly. In fact, this was just picking on the weak.

Compared with Chinese semiconductors, Japanese semiconductors are undoubtedly easier to control.

There is no way. One is the owner and the other is the dog. It is too easy for the owner to control the pet dog.

In this wave, the biggest beneficiary is definitely not the United States, but China Semiconductor!
Since the overall situation in Hong Kong has been determined and the 1987 timetable has been released, Hong Kong's economic structure has been undergoing transformation under the promotion of Liu Tao.

It is no longer like before when everyone was rushing into real estate crazily.

With the presence of China Semiconductor, Hong Kong's electronics industry is developing very rapidly. Computers are not easy to use, but game consoles and game cartridges are different, and this has become an opportunity for many people.

Hong Kong's gaming industry is now developing very rapidly, with exports of game consoles, game cartridges, etc. increasing year by year. Hong Kong's gaming industry has even developed game CDs.

The profits generated by game cartridges and game discs for game companies are actually higher than those of game consoles.

Hua Xia Semiconductor makes money from memory and other products. After all, these are inseparable from Hua Xia Semiconductor.

In addition to the gaming industry, there is also the CD manufacturing industry.

Videotapes, cassettes, magnetic tapes, etc. are rapidly being replaced by CDs. Hong Kong is the world's largest CD manufacturing base, or transit station, with CDs exported from Hong Kong to all parts of the world.

Liu Tao could foresee that with the signing of the US-Japan Semiconductor Agreement, Japan's electronics industry development would suffer a severe blow.

He also became more and more certain of his judgment that the Plaza Accord would definitely happen because the United States needed to suck blood to recover in order to get through the difficult period.

Looking around the world, there is no better target for bloodsucking than Japan.

The seven o'clock news reported that the State Council had issued a notice to implement a fiscal management system of "dividing tax types, determining revenue and expenditure, and grading and contracting" from this year onwards. This is a further measure taken by the state in the tax field.

It basically divides the central and local fiscal revenues according to the types of taxes, and divides their fiscal expenditures according to their subordinate relationships. Local governments set expenditures based on revenues, seek balance, and use them on a lump sum basis. It is a reform made on the basis of the original "dividing revenues and expenditures, and grading and grading" system after the "profit-to-tax" reform of state-owned enterprises.

In terms of taxation, the country is always changing and exploring.

For example, this year, a notice was issued on January 1, exempting newly established township enterprises from income tax on a regular basis. If they still have difficulties after the expiration of the period, they can continue to be exempted on a regular basis. The expenses used by township enterprises to subsidize social expenditures can be listed before tax at 1% of profits.

There are also the Interim Regulations on Urban Maintenance and Construction Tax issued on February 2, which require that all units and individuals that pay product tax, value-added tax, and business tax are taxpayers of urban maintenance and construction tax. The tax rate in urban areas is 8%, the tax rate in county towns and towns is 7%, and the tax rate in rural areas is 5%.

Liu Tao is not concerned about taxes, because Panshan Group currently implements a fixed tax rate, with the military industry paying 10% of its turnover and the civilian sector paying 20% ​​of its turnover.

This tax rate will not be adjusted in the short term.

Because asking Panshan Group to pay taxes is already excessive.

Look at which military-industrial enterprises in the country pay taxes, and which major exporters and foreign exchange earners don’t have a lot of preferential policies?

But the following news is related to Panshan Group.

That is the "Decision on Education System Reform". This document clarifies the measures, steps and objectives of the education system reform, proposes to gradually implement nine-year compulsory education, vigorously develop vocational and technical education, reform the enrollment plan and graduate allocation system of higher education institutions, and expand the autonomy of higher education institutions in running schools.

Panshan Group began to implement nine-year compulsory education a few years ago. As a pilot unit, it has been groping and exploring. Panshan Group has quite a few primary and secondary schools.

Currently, there are five colleges and universities under the jurisdiction of Panshan Group under the China North Industries Group Corporation.

"It seems that the country has also seized the opportunity and invested more funds to cultivate more talents, seize opportunities, and attract more overseas funds to invest in China." Liu Tao whispered to himself.

This is a signal that the country will continue to expand the college entrance examination admission rate and cultivate more talents.

At the same time, promote the reform and development of education.

Panshan Group is also suffering from a lack of talent in this regard.

Relying solely on its own training mechanism, it can only train qualified workers, but it is difficult to train a large number of excellent workers.

As for management talents and scientific research talents, it is very difficult to cultivate them on our own, and we have to rely on universities.

It just so happens that these two types of talents are very important. Management talents can better manage enterprises and departments, reduce unnecessary internal friction, and allow enterprises to run smoothly. Scientific research talents, on the other hand, represent the vitality of enterprises and determine the present and future of enterprises.

The importance of talent is beyond doubt.

This can be seen from the college students assigned to Panshan Group in recent years. After receiving systematic education in school, these college students can easily be trained to become talents when they arrive at Panshan Group, and the success rate is very high.

Some of these people have even reached middle-level management positions and have great potential.

(End of this chapter)

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