The rise of a great power: starting with military industry

Chapter 603: Don’t Earn the Fastest Dollar
9am the next day.

The State Science and Technology Commission convened the first national Torch Plan working meeting, officially opening the four-day meeting.

Liu Tao also expressed his own opinions and put forward many favorable guiding policies for the industry.

"At the same time, I suggest that Torch Parks, or Torch High-tech Industrial Development Zones, be established in major cities across the country to foster relevant high-tech enterprises and provide policy support."

Liu Tao proposed to establish the Torch Park, which later became the famous Torch High-tech Industrial Development Zone.

Develop industries in a large-scale, clustered, international and specialized way, and make high-tech industries stronger and bigger.

In terms of industries, industries with high technology content and high added value, such as the electronics industry, automobile industry, motorcycle industry, home appliance industry, biomedical industry, etc., will be supported and have various preferential policies, including loan preferential policies, tax preferential policies, and government special funding rewards, etc.

After the four-day meeting, Liu Tao stayed in Beijing for another three days before returning to Panshan Group headquarters.

At this time, Liu Ziyu and his classmates were on summer vacation and had not returned yet, so the student offices were closed.

After finishing his work, Liu Tao stood by the window, looking at Dianchi Lake and drinking tea from a cup.

He was not really used to drinking Pu'er tea at first, but the more he drank it the more he enjoyed it.

Of course, there is not only Pu'er tea in his office, but also Biluochun, Longjing and other teas.

Liu Tao even has a collection of Dahongpao tea leaves from the mother trees of Wuyi Mountain.

This thing is extremely rare and the output is pitifully low, with an annual output of about 70 to 80 taels, and at most only about one kilogram.

It is a special tea.

It is almost impossible to appear in the market.

Liu Tao usually couldn't bear to drink it, but kept it as a collection. He would only take it out to make tea for real guests.

Liu Tao was thinking about many things in his mind at this moment.

Next, regarding domestic affairs, apart from the 011 aviation industrial base, the new automobile manufacturing plant, the motorcycle manufacturing plant, the new wafer fab and foundry, the most important thing is the four major hydropower stations on the Jinsha River and the Three Gorges Project.

As for the Shenyang-Haikou Expressway, part of it has been opened to traffic, and the entire line is expected to be open to traffic before the Spring Festival. It has been six years since its launch in 1982. This first expressway in China has opened a new chapter in Chinese transportation and accumulated a large number of construction technologies, including bridge and tunnel construction technologies.

The double-track Beijing-Kowloon Railway is being built at a rapid pace. It is expected that in one year's time, the Beijing-Kowloon Railway, this century-long project, will be fully completed.

The Beijing-Shanghai Railway is scheduled to open to traffic during the National Day holiday, and the entire line will be completed in 1990.

After more than a year of operation of the Beijing-Kowloon Railway, the benefits of high-speed rail can be said to have been fully demonstrated.

Because of Liu Tao, China mastered the high-speed rail technology in advance, which directly enabled China's railways to achieve leapfrog development.

If it weren't for Liu Tao, China would have improved its railway technology step by step, constantly transforming and speeding up its railways. It was not until after the millennium that China built its first high-speed railway, the Beijing-Tianjin Intercity High-Speed ​​Railway. The Beijing-Tianjin Intercity High-Speed ​​Railway was not officially put into operation until 2008.

And now, it has been advanced by a full twenty-one years, and the mileage is not 166 kilometers, but 2536 kilometers!

Adding the 1454 kilometers of the Beijing-Shanghai Railway, China's high-speed rail mileage has reached 3990 kilometers.

It can be said that through the Beijing-Kowloon Railway and the Beijing-Shanghai Railway, China has mastered all high-speed railway technologies, including construction technology.

Next, China will just need to continue to replicate and build, and there will not be any major technical problems. At most, there will be different geological problems that need to be dealt with when constructing different lines.

As for overseas, Nanyang mainly has three railways, four inland waterways, and the resettlement of immigrants from Myanmar, Laos, Cambodia, and NATO to attract people there, as well as the construction of several docks and ports.

Africa is mainly engaged in the development of various minerals, including the exploitation of natural gas and oil. The Middle East will still be the focus of orders for China Southern Ordnance Industry Group Corporation.

In South America, the main focus is on mineral development and agricultural products. As for doing something else, it is almost impossible.

Because it is America's backyard and the United States has a huge influence there, but it is very far away from China and out of reach, so it is just a place where you can make small profits and do minor things. The United States turns a blind eye and both sides make their own money.

All I can say is that it is too far from heaven and too close to America!
In Australia, the layout is mainly iron ore.

"We have to start withdrawing from Japan now, otherwise we won't make the last dollar!" Liu Tao muttered to himself.

After the signing of the Plaza Accord, in order to stimulate economic development, the Bank of Japan adopted a very loose financial policy, encouraging funds to flow into the real estate and stock markets, causing real estate prices to soar.

From 1986 to now, housing prices in Japan have doubled!
Tempted by the sudden rise in housing prices, many Japanese began to lose patience. They found that they could make money faster by speculating in stocks and real estate, so they took out their savings to speculate.

Today, Japan, whose land area is equivalent to that of California, has a total land value that is four times the total land value in the United States.

The land price in Tokyo alone is almost as high as the total land price in the United States.

You can imagine how crazy it is.

Even Liu Tao was frightened by this kind of madness.

Last year's super Black Monday initially hit the Japanese stock market hard, but amid this madness, the Japanese stock market was the first to recover and soon rose again.

The current exchange rate of the Japanese yen is 1 US dollar to 120 Japanese yen.

Before the Plaza Accord was signed, the yen exchange rate was 1 US dollar = 240 yen. In just three years, the yen exchange rate rose from 1 US dollar to 240 yen to 120 yen, doubling.

And this appreciation of the yen continues.

At first, about 2400 billion yen, or 10 billion U.S. dollars, was left in Japan. Later, on Black Monday, a portion of the funds was left. Now, the total assets in Japan have reached 13500 billion yen, or 112.5 billion U.S. dollars.

This rate of asset appreciation is extremely terrifying.

When the assets are transferred back to the country, the rate of appreciation will be even more terrifying due to the depreciation of the RMB.

Nowadays, those who do export business are making a lot of money. The most important reason is not how high the profit is in US dollars, but because the renminbi continues to depreciate, so that 1 US dollar can be exchanged for more renminbi.

1980年的时候，人民币的汇率是1美元=1.8503人民币，而现在是1美元=3.7221人民币。

After a few years, 1 US dollar can be exchanged for nearly 2 RMB.

As far as Liu Tao remembers, the Japanese economic bubble did not begin to burst until after 1991, and by 1993 the Japanese real estate industry had completely collapsed. That means if history is followed, there were still a few years of profits to be made.

But he didn't like to make the last dollar because the risk was too great. Something might happen at some point. If there was some historical change and the Japanese bubble burst prematurely, the loss would be huge.

So Liu Tao decided to lock in the profit.

As for those who want to make the last dollar, let them do it. He won’t make any anyway.

With this money, he can do more.

The next opportunity to get rich quickly like this one would have to wait until the 90s.

(End of this chapter)