Rebirth: Return to 1991 to be the richest man

Chapter 1775: It’s hard to get back from the past, we must change it

"Don't worry, Jiang Hai, we will definitely strive for a good ranking."

Jin Changan said extremely seriously.

If the Qiuhai football team can be ranked among the best at this time, it will definitely be good news for Qiuhai.

The battle between Qiu Hai and foreign companies is about to begin, and any related matters will affect the competition between the two.

China now has great expectations for football.

If the Qiuhai football team has enough results, it will definitely bring enough attention to Qiuhai.

When they thought of this, Jin Changan and Li Detian put all their thoughts on the Qiuhai football team.

The two of them really couldn't help Qiu Hai's business competition.

What they can do now is to give Chen Jianghai some help from other aspects.

As Chen Jianghai's friends, the two of them felt that it was time to do something for Chen Jianghai.

Before this, Chen Jianghai had always been helping them and showing them the way.

This time, Jin Changan hopes to bring some help to Chen Jianghai through his own efforts.

The next game is very important for the Qiuhai football team.

Jin Changan and Li Detian pay attention to every game and make sure that the Qiuhai football team achieves good results.

The two of them had even planned to pool their money together and buy them if there were any good players.

The purpose is very simple. The Qiuhai football team must become famous in this selection competition and increase the exposure of the word Qiuhai as much as possible.

……

During this period, after the new products of foreign manufacturers were launched on the market, they were sought after by many people, and the sales volume can be said to be quite good.

Seeing the sales volume in their hands, the executives of foreign companies were very happy.

They haven't had such good sales for a long time since Qiu Hai appeared.

It seems that launching new technologies and new products is indeed a feasible approach in China.

Regarding this point, in fact, China's executives have already made similar requests to the headquarters.

Because of the prejudice against the Chinese market, the headquarters did not take the opinions of these executives and called them back directly.

In their view, China is a backward country with insufficient consumption power.

Even if new products are launched, sales in China will not be very good.

Instead of doing this, it is better to continue dumping backward products, easily harvest the Chinese market, and make profits.

Facts have proved that China’s consumption power has increased.

Coupled with Qiuhai's previous products, the biggest factor affecting consumers' purchases is the technology and quality of the product.

It is no longer realistic for Chinese consumers to buy outdated products.

If you want consumers to pay, you must show enough sincerity.

If sincerity is not enough, consumers will naturally not pay.

The China of today is no longer the China of the past.

Especially in the electrical appliance industry, earth-shaking changes have taken place.

The emergence of Qiu Hai has made the entire electrical appliance industry in China a big step forward.

In terms of technology, Qiuhai can already compete with foreign companies in many places.

It is not impossible to surpass foreign companies with specific technologies.

In a word, because of Qiu Hai, China's electrical appliance industry has become more and more mature, and foreign companies can no longer manipulate it at will.

If you want to make money, put out your best product.

Otherwise, not many people will pay for some outdated technology.

After foreign companies knew their own sales, they became even more curious about Qiu Hai's sales.

Qiu Hai's new products have already been released, but they are not yet available so soon.

If you want to know the sales volume of Qiu Hai, you still need to wait for some time.Today's foreign companies wish that time would pass faster.

They wanted to see whether Qiuhai's new products had any new technologies.

If not, it would be great fun.

Even if there is, foreign companies are not panic at all.

If Qiu Hai has skills, it simply means that everyone is equal in strength.

In this case, foreign companies think that if they want to win, it will not be difficult.

Having dominated the market in China for so many years, foreign companies have enough confidence in themselves.

Qiuhai has been able to seize the market in recent years entirely because foreign companies have not focused on the Chinese market.

Now that foreign companies are making a comeback, and with such intensity, they take it for granted that Qiu Hai's good days are over.

All the results will be known after Qiu Hai's new products are launched.

When Qiu Hai and foreign companies were about to go to war, another big thing happened.

At this time, a wave of layoffs began to erupt in the country.

The reform of state-owned enterprises has finally begun.

After experiencing brilliance, most of the state-owned enterprises have to say goodbye to China at this time.

When Chen Jianghai saw the news, he knew that the country was about to undergo a bloodletting campaign.

The biggest reason why state-owned enterprises have been eliminated is naturally that they cannot keep up with the trend of the times.

To put it simply, the non-operating expenses of state-owned enterprises are too high.

What is considered non-operating expenses naturally refers to the benefits provided to employees of state-owned enterprises.

This part of the money can account for as much as 30.00% of the overall management expenditure of state-owned enterprises!

In other words, compared with private enterprises, state-owned enterprises inexplicably spend 30.00% more.

This is definitely a huge number, enough to overwhelm companies.

If such an enterprise does not have enough power to carry out development and innovation, and has considerable hematopoietic function, it will really be in trouble if it is not eliminated.

Historically, China issued more than 2000 billion special treasury bonds this year.

Its function is simple, that is, to replenish funds for the four major banks.

After doing so, the capital adequacy ratio of the four major banks was barely [-]%.

Subsequently, the Chinese government established four major asset management companies next year and purchased [-] trillion yuan of bad debts from the four major banks.

Most of the bad debts are left by state-owned enterprises.

You know, even with so much money, these accounts were not settled in the end.

From this we can also see how serious the original losses were.

It has already reached a point where it is difficult to recover and must change.

Since [-], state-owned enterprises have been undergoing reform.

The government has tried various methods and models, but unfortunately none of them have produced good results.

Various reforms, spending a lot of money and energy, have never been able to change the situation of state-owned enterprises.

The losses of state-owned enterprises are becoming more and more serious.

Many asset-liability ratios in the past have reached a terrifying 80.00%.

Last year's financial crisis made the country determined that state-owned enterprises must be reformed.

Reform must be carried out, but it is the workers who suffer.

After state-owned enterprise employees were laid off, they simply could not find a job.

They have stayed in state-owned enterprises for too long and cannot adapt to the outside world.

(End of this chapter)