Rebirth: Return to 1991 to be the richest man

Chapter 1769 I really met my opponent

Nowadays, Qiu Hai is the well-deserved leader in China's electrical appliance industry. No one will doubt this.

These foreign-funded enterprises had a difficult time under Qiu Hai's suppression.

You know, before Qiuhai Electric, China's home appliance industry was basically dominated by foreign capital.

In that era, the prices of foreign-owned home appliances were ridiculously high.

If the price is high and the product quality and technology are acceptable, consumers will naturally have no objection.

The key is that these foreign capitals building factories in China are using technologies that have been eliminated.

This makes consumers very uncomfortable.

At that time, the entire Chinese electrical appliance market required technology but no technology, and capital but no capital. Basically, there was no brand that could really stand out.

Foreign-funded companies can be said to be giants to these Chinese electrical appliance companies.

It would be too difficult for Chinese national brands to compete with them.

In this case, foreign-funded enterprises have absolute say.

It is precisely because of this that when consumers face these injustices, they can only hold their noses and admit it.

All this changed after the rise of Qiu Hai.

Qiuhai's products have completely crushed foreign-invested products in terms of quality and price.

Under such circumstances, it is only natural that Qiu Hai can rise in China.

Most consumers in China have long been dissatisfied with foreign-funded companies.

Now that someone has come out to replace them, consumers are naturally very happy to see it happen.

At first, foreign-funded enterprises were not too worried about Qiu Hai's appearance.

In their opinion, Qiu Hai's success was nothing more than good luck.

As long as Qiuhai's technology falls behind, foreign-funded enterprises can rise again.

What foreign-funded enterprises did not expect was that Qiuhai was not an ordinary national enterprise.

Chen Jianghai is not an ordinary businessman. He focuses on the sustainable development of enterprises.

Under this circumstance, Qiuhai's annual investment in research and development is absolutely astronomical.

Not to mention national enterprises, even foreign-funded enterprises cannot compare with Qiuhai in terms of R&D investment.

As a result, Qiu Hai's technological progress can be described as rapid.

Slowly, Qiuhai began to occupy most of the domestic electrical appliance market.

By the time foreign-funded enterprises reacted, Qiuhai had already become a climate change.

At this time, foreign-funded enterprises actually had nothing to do with Qiu Hai.

With technology, capital, and market, Qiu Hai is not afraid of these foreign-funded enterprises at all.

Just when foreign-funded companies were preparing to use new technologies to compete with Qiuhai, they discovered that it was already too late.

Most of Qiu Hai's skills are actually comparable to theirs!
Under such circumstances, it is no longer something that foreign investors can do casually if they want to take back their own market.

Foreign electrical appliance brands have been suppressed by Qiu Hai in recent years, and basically have little ability to fight back. This is why.

It is impossible to say that those foreign investors have no temper.

The clay bodhisattva still has three points of anger.

Not to mention these foreign-funded enterprises that have their eyes above their heads and are arrogant about everything.

But he couldn't surpass Qiu Hai technically, so he couldn't be Qiu Hai's opponent.

This grievance lasted for several years.

After years of hard work and courage, foreign-funded companies that were holding their breath and wanting to fight back finally came up with some new technologies.In their view, as soon as these new technologies come out, they will have the capital to compete with Qiu Hai.

In order to deal with Qiu Hai, these companies that were originally rivals made deliberate plans. They all started to connect in private, put aside their grievances between each other, and chose to cooperate.

These foreign-funded enterprises will release new products at the same time, which is naturally agreed upon, otherwise there would be no such tacit understanding at all.

As the saying goes, the enemy of my enemy is my friend.

Now Qiu Hai can be said to be their common enemy, and a powerful enemy that cannot be ignored.

They have already felt the deep crisis.

If Qiu Hai is allowed to continue to develop, it may really drive them out of the Chinese market.

Therefore, under such severe circumstances, these foreign-funded enterprises that have been fighting for their lives as opponents naturally have to join hands and fight together.

They all knew in their hearts that as long as Qiu Hai was defeated, they could slowly carve up the entire Chinese electrical appliance market.

At that time, the Eight Immortals will cross the sea, each according to his own ability.

It can only be said that foreign-funded enterprises have made really good plans.

Nowadays, China's economy is getting better and better, and its consumption power is getting stronger and stronger.

With such a huge market, it would be strange for foreign-funded enterprises not to be jealous.

Under such circumstances, it is completely understandable that they are eager to launch new technologies to seize Qiuhai's market.

Suddenly, the whole country was full of news about these foreign-funded enterprises.

After experiencing Qiu Hai's advertising war, all companies have seen the huge effects of advertising, so they are paying more and more attention to publicity.

It is precisely because of this that the development of China's advertising industry in recent years can be described as rapid.

It is no exaggeration to say that Chen Jianghai has driven an industry by himself.

The news all over the sky is about foreign-funded enterprises, and almost without exception they are badmouthing Qiu Hai.

Everyone believed that Qiu Hai would definitely be defeated when faced with such a formation.

You must know that the foreign-funded companies Qiuhai faced at this time were all powerful and widely recognized established companies.

Among them, many are among the top [-] in the world, and they are absolutely powerful in terms of strength.

This time, Qiu Hai really met his match.

When consumers see so many new products on the market, their eyes are dazzled and they feel a little overwhelmed.

Before the new products of foreign-funded enterprises are released, they simply look down upon the products of foreign-funded enterprises.

With a gem like Qiu Hai in front, the products of foreign-funded enterprises are really not enough.

What's more, the products of these foreign-funded enterprises are often expensive, which puts many consumers away.

Now, in order to join forces to attack Qiu Hai, foreign-funded enterprises have come up with new products and new technologies. This way, they will become more competitive.

When consumers spend money, they naturally want to buy the best products.

In this case, price is not the only factor they consider.

In terms of price, foreign-funded enterprises are naturally slightly higher.

While many consumers are still waiting and watching, some consumers are already boasting about foreign-funded enterprises.

This small group of consumers, relying on some innate or acquired advantages, have always used electrical appliances from foreign companies.

In their impression, foreign electrical appliances are better than domestic ones.

I have to say that some of them really worship foreign countries and always feel that the moon in foreign countries is rounder.

(End of this chapter)