National Tide 1980

Chapter 309: My Skill (Repair)

In the early 1980s, the port city, as the world's third largest financial center, experienced an overall boom due to manufacturing, real estate, and finance.

The per capita monthly salary has doubled from the late 1970s, exceeding the 1,500 Hong Kong dollar mark.

The official price in the Republic is equivalent to 270 yuan, and the black market price is 345 yuan.

As citizens of the most developed country in the world, the average monthly salary of Americans is close to one thousand US dollars.

The official price in the Republic is equivalent to 1,893 yuan, and the black market price is about 2,400 yuan.

On the other hand, in our republic, the per capita salary in the capital is only 60 yuan.

Even if they are absolute foreign aristocrats like Song Huagui and Ning Weimin.

Their income can equal the salary of several ministers, and they are among the top rich people in the Republic.

Then their income levels are far lower than their French counterparts.

Even because of completely different social systems, welfare systems, and exchange rate issues, the income gap has become even wider.

Mr. St. Bliss, the trademark agency manager hired by Pierre Carton in France, is an example.

Logically speaking, this company executive who is responsible for managing commercial licensing contracts for Pierre Carton is equal to Song Huagui at the administrative level.

But purely in terms of monthly salary, I am afraid that all the employees of the Republic Branch from top to bottom combined are barely worth the salary of one person.

This reality is undoubtedly worthy of deep sorrow for all our people.

But from another perspective, it is not worth our frustration.

Because it is precisely this that makes our republic full of unlimited commercial potential.

It is also the main reason that attracted Pierre Catton to come to the Republic to seek investment cooperation.

You must know that countries with backward economies will inevitably have more business needs, and there will also be products that are undervalued.

Then finding these value depressions is equivalent to finding profits.

We must admit that Pierre Carton, the French fashion design master, is really a shrewd businessman.

When many people in the Western world focus on the Republic, they focus on how we can feed one billion people.

It’s a joke that our country is so poor that its industrial base is a hundred years behind that of the Western world, and that it has nothing to offer except underground mineral deposits.

This old French man discovered that the cheap labor force in the Republic was actually a huge treasure.

And come and take action, immediately use this country's population to create benefits for your business empire.

So he saw the resources that others couldn't see and made a fortune.

Of course, we're afraid we have to say one more thing.

In this world, in this time and space, if there is a businessman who understands the situation of the Republic better than Pierre Carton and is more shrewd, it is Ning Weimin.

Why do you say that?

Just because although this kid doesn't have much financial strength, he faces far more restrictions than Pierre Carton.

However, he still fully exploited the potential of human resources and became the first and only local person to enjoy my country's demographic dividend.

Isn’t this awesome enough to explain the problem?

First of all, in terms of profit methods.

Use cheap labor to transform cheap inventory clothing, and then sell Ning Weimin at a high price in China.

It is obviously more cost-effective and smarter than Pierre Cardin, which sells clothing products produced in the Republic to Western countries and mainly earns the labor price difference.

Because Ning Weimin not only saw that our country’s living expenses such as housing, coal, water, electricity, food, transportation, medicine, culture, education, and labor services.

The consumption level of ordinary people is much lower than that of Western developed countries, and all these aspects are underestimated and ignored.

On the contrary, he is equally clear about high-end luxury goods, home appliances, clothing, and many light industrial products that represent advanced life and fashion.

However, because of our backward technical level, we are being severely sheared.

So it has two ends, the top is high and the bottom is low.

That's naturally a higher profit margin than just eating one piece of Pierre Carton.

In particular, with the aesthetics and knowledge that transcends the times, we use ready-made slow-selling and defective products to improve them.

If it succeeds, it will be a huge profit among huge profits.

For example, Ning Weimin now wants to make simple modifications to Curry's old-style dress before summer comes.

Specifically, the first is to change long sleeves into short sleeves.

The second is to change the lapels to round collars and sweetheart collars.

The third is to add different-colored piping to the cuffs, collar, and skirt.

Fourth, consider whether you can add a belt.

As far as the general status quo of domestic clothing lacks design is concerned these days.

Changes in these details are actually not difficult to impress customers.

Think about it, this is equivalent to selling the product at a higher price than the original product at a 20-30% discount on the production cost.

How many times the profit is it?

And what does it take?

It’s nothing more than a little cheap labor, water, electricity, office and rental costs.

In addition, an even more critical point is.

No matter how good you think, you still have to be able to do it.

It doesn’t matter if I don’t let you do it.

These days, the controversy over the employment of workers and the scale of development of individual industrial and commercial households is intensifying.

The economic turmoil in the South that shocked the whole country has just passed.

Although the final conclusion has not yet been announced, the "seven ups and downs" have become an ironclad line that defines the nature of private employment.

Why are the "Eight Kings" being investigated? Isn't it just an ideological dispute? The scale of the individual economy is still strictly controlled by the state?

This was the characteristic of the business environment at that time, and it belonged to the particularity of the times.

So according to the actual situation, these days, foreign businessmen can enjoy our demographic dividend, but our own people cannot. This is of course very unfair and very helpless.

But Ning Weimin used a very clever method to break through such restrictions and successfully achieved his goal.

It's just a trick to sell dog meat on sheep's head.

Through cooperation, let the street set up a sewing club to help him manage all the affairs of the workers.

In fact, it was like using the sewing club as a facade to hold up the front, and Ning Weimin used this to resist industrial and commercial taxes.

At the same time, Director Li from the street and Aunt Bian from the neighborhood committee became his workshop directors.

He doesn't even pay people wages, and they also need to raise equipment themselves.

But in turn, both of them had to thank him on behalf of the street and neighborhood committee.

Just look at what happened, Ning Weimin was like a wolf eating a rabbit, but he took every advantage he could and didn't waste any of it.

Isn't it just a matter of calculating business?

As for the workers, of course they were even more devastated.

There is no fixed salary, no benefits and labor insurance, and no paid holidays.

But for the words "no cap" and the processing fee of 20 to 30 cents per piece.

Leave everything at home behind every day, endure the exhaustion and come here to work hard.

Even if they want to chat, they are more casual.

But because of the work-by-piece distribution system, labor efficiency is better than that of workers in state-owned factories.

How would these people know?

Ning Weimin took care of the neighbors in No. 2 Courtyard and resold clothes for only fifty cents each.

Therefore, Su Jinsheng's fear that the sewing club will stop running after it is launched is purely unfounded.

Ning Weimin, who he was grateful for and believed to be a great benefactor, was also dazzled by the huge profits that the sewing club had brought to him since its opening.

I am happily planning carefully and continue to think about how to make more profits from it.

This can be seen from the conversation between this boy and Aunt Bian.

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