Video Game Empire

The past year is undoubtedly the most difficult year since China's reform and opening up. ○The nationwide rush to buy last year caused serious price hikes and inflation, which directly led to the failure of the central government's price breakthrough plan.

In order to control the blind panic consumption of the people, the state is forced to introduce a series of restrictive and suppressive policies. Specifically for the color TV industry, the unprecedented introduction of special consumption tax and localization development funds has made the retail price of color TVs rigidly rise by a large margin.

Naturally, the price increase has severely hit consumers' purchases. At the same time, at the turn of spring and summer last year, affected by the international environment, there was a serious outbreak in China, and the short honeymoon period between China and the West quickly came to an end. Affected by political turmoil, overseas investment has been cut sharply, which has directly caused the national economic growth rate to fall to the lowest point in a decade.

Against this background, China's color TV industry seems to have experienced a rapid roller coaster in the past two or three years. In 9 years, the national color TV sales reached an unprecedented 9.06 million units, an increase of 2 million units compared to the previous year. Just when the entire industry started to work hard and were looking forward to the next year's sales breaking the 0 million mark, last year's sales had an avalanche and fell back to only 720,000 units.

In the case of sluggish sales, although the output of color TVs across the country also fell simultaneously, it still reached 9 million units. Of course, this data has already stripped out the part of the output that is directly used for export by factories in the mainland like rca. In other words, last year, hundreds of TV factories across the country had a backlog of nearly 200,000 color TVs.

What's more serious is that since the sales of color TVs have been rising year after year, although the country strictly restricts the repeated introduction of color TV production lines, the impulse to expand production capacity in various places is still very high. Taking the color picture tube, the core accessory of color TV, as an example, in addition to the production base of Dongfang Group in the deep sea special zone, there are only three factories in the country that can produce it.

The Xianyang Color Tube Factory has a production capacity of 3.5 million, the Huhai Electronic Tube Factory has a production capacity of 300,000, and the Sino-Japanese joint venture Fuxin Electronic Tube Factory has a production capacity of 300,000. This 4 million production capacity, coupled with the 2 million CPT quota approved for domestic sales by rca company under the Oriental Group, and the TV industry base in the rca deep-sea special zone, have been put into production by other companies in the past two years. Only CPT production capacity, the country can only supply 7 million CPT only. Even if the output of color TVs is calculated after the output reduction last year, 2 million color tubes still need to be imported throughout the year to meet the production needs of various TV manufacturers.

However, according to the information collected by Dongfang Commercial Corporation, in the first half of this year alone, two new CPT factories, Beijing Panasonic and Jinling Huafei, will be officially put into operation, with a production capacity of 3.4 million and 900,000 respectively. In addition, in the second half of this year, there will be Huhai Yongxin, which has a designed production capacity of 700,000 pieces, as well as Mike Enterprises, which is wholly owned by an American company and has a production capacity of 500,000 pieces, and a Sino-French joint venture with a production capacity of 500,000 pieces. The three factories in East Guangdong Thompson have been put into operation successively.

That is to say, by the end of this year, the domestic production capacity of color tubes will increase by 0 million at once. Starting next year, the domestic CPT supply will fall into a cycle of severe oversupply. At the same time, Dongfang Commercial Co., Ltd. has just obtained approval from Beijing not long ago, and the quota of CPTs sold in China this year can be increased to 3 million.

Since last year, China's foreign exchanges have come to a standstill, and many foreign-funded projects that have been negotiated have been suspended or cancelled by foreign parties for various reasons. In order to avoid political risks, the Oriental Group has already started a planned strategic contraction in the mainland nine years in advance.

When the situation was turbulent last year, the Oriental Group had already completed its strategic adjustment, so it was hardly affected. Of course, Li Xuan is not really planning to withdraw from the mainland. After all, China will be the fastest growing market in the world with the greatest growth potential in the next three decades. Whoever loses the Chinese market loses the future

The Dongfang Group's actions are more out of self-protection. You must know that since last year, Beijing's political climate has undergone subtle changes. Even whether to continue to open to the outside world, there has been a fierce debate at the top of the central government.

This kind of chaotic situation will undoubtedly seriously interfere with the daily operations of foreign-funded enterprises like Dongfang Group. It should be known that many domestic private enterprise owners, in order to protect themselves, took the initiative to donate their factories to the country for free last year, laying many hidden dangers for the later clarity of corporate property rights.

And Li Xuan is also very clear that this contest between conservatives and reformers in the party will continue for two years, until another spring in 992, after the old man wrote a magnificent poem on the South Seashore, everything will fall into the dust. Certainly.

Of course, the Oriental Group does not mean to wait until 1992 before it can reflexively continue to invest in the Mainland. As the saying goes, the icing on the cake is not as good as the help in the snow. The period of real chaos has passed, and the domestic order has long since returned to normal. It's just that investors are cautious, and most people don't dare to risk their real money rashly until the debate in Beijing is settled.

This has also resulted in the fact that although the mainland is still actively shouting ~www.readwn.com~, the investment it can really attract is far less than expected, which has directly affected the healthy development of the national economy. Among them, capital from Europe, the United States and Japan, due to the political isolation of China at the government level, see no signs of thawing in the short term.

However, in the early days of reform and opening up, China’s foreign investment was not driven by Western capital, but by overseas Chinese capital from Hong Kong, Macau and Southeast Asia. Compared with the Western world, which is very unfamiliar to China, Chinese capital with the same origin and no cultural barriers is obviously easier to adapt to the domestic investment environment.

This time, although they are not as resolute as the Western capital to retreat, they are generally in a wait-and-see and hesitant state. For the mainland side, this force is the easiest to convince and win over right now. But if you want to really open the stalemate, at this time, you need an influential leader who can set an example to appease people's hearts.

And the best choice is undoubtedly Li Xuan, the Chinese light with the title of "the richest man in the world". If he can stand up and say one word about the future development of the mainland, it will be more effective than a hundred words from the domestic side.

Therefore, since the first day of New Year's Day, when the time turned over the 1980s and stepped into the new 1990s, the deep-sea special zone dispatched a powerful lobbying group including the mayor and the mayor, and took turns to carry out investigations against Dongfang Group and Li Xuan. Attack.

After turning the page in 1999, for Li Xuan, the largest landmine for investment in China has been eliminated, and the next step is to expand on a large scale. And since the mainland has brought it to the door, it is really unreasonable not to kill such a good opportunity.