The country's primary goal now is to develop the economy. Construction is going on everywhere, which requires a lot of raw materials. The demand for steel and cement is increasing at a rate of tens of percent every year, especially steel production. In recent years,
The increase rate has almost reached 50%. Three years ago, the Shanghai Steel Plant introduced a steel project with an annual output of 5 million tons in the island country. This project alone used more than 10 billion US dollars in foreign exchange reserves.
It became the largest investment in the history of New China.
These raw materials require electricity, but the country’s electricity resources are insufficient!
So the country wants to save people's electricity consumption as much as possible and use more electricity for industry. When do people use more electricity? Of course it is after get off work. Well, let's move the time forward by one hour so that everyone can go to bed early. .
This trick is simple and crude, and very useful. It is a last resort in special times. However, the time in this life is somewhat different from the previous one. In the previous life, the country started to implement daylight saving time in 1986, while in this life it was in 1985.
Year, one year ahead of schedule, this change should be caused by Liu Lang, because the country in this life is stronger in reform and opening up than in the same period in the previous life.
Liu Lang sat in the car and looked at the night view of the capital. The capital had undergone tremendous changes in half a year. There were many more buildings along the streets. Even though it was already half past eight in the evening, many construction sites were still under construction.
The construction site is brightly lit by light bulbs.
“In less than half a year, the capital has really changed a lot!”
Liu Lang looked outside and sighed.
"Liu Lang, what is this? You don't know, right? Now the country has begun to study the liberalization of land leasing. If nothing happens, it will be passed at the meeting at the end of this year. By then, private land sales will be allowed. This policy
Once implemented, it won’t take long for the capital to be completely transformed!”
Wang Zhendong smiled.
"Well, not bad!"
Liu Lang nodded. If this policy is implemented this year, it will be two years earlier than in the previous life. It is obvious that this is the butterfly effect caused by Liu Lang.
"It is a good thing for the country to liberalize land. Allowing private participation in land development can lead to better and faster construction, and can also bring income to the country, thereby promoting the development of the real estate industry, but...! Forget it, let's not talk about this for now.
Got it!"
In the past life, the real estate industry was a pain in the hearts of many young people. High-priced houses extinguished the dreams of many young people. Especially in big cities, you may not be able to earn a house even if you work hard for your whole life.
Of course, there are internal reasons why housing prices were so high in the previous life. The main reason is the imbalance of the country's industries, mainly foreign trade. In the more than ten years since the mid-1990s, the growth of small commodities around the world has
Eighty to ninety percent of manufacturing comes from China, and "Made in China" has become the most well-known name in the world. However, too much reliance on foreign trade is also a major drawback of China. When the world economic crisis occurs, China's economy will be affected.
affected.
The domestic real estate industry grew fastest in two time periods. The first was in 1998, when the Asian financial crisis broke out. South Asian countries were the first to be affected, with currencies depreciating significantly and inflation serious.
Especially Indonesia, a fucked-up country, almost went bankrupt under the attack of financial tycoon Soros. Then countries like Malaysia and the Philippines suffered disaster one after another, and the financial crisis formed.
Hong Kong Island also suffered a huge impact that year, but with the support of the country, it survived and was not as miserable as Indonesia.
However, the impact of the financial crisis still hit the country, with trade orders sharply reduced and the country's economy facing the risk of a hard landing.
In order to stimulate economic development, Bai Weiren, who had just taken office at that time, started policies to stimulate domestic demand. How to stimulate domestic demand in the shortest possible time? He focused on real estate.
The real estate industry has a very wide scope. Steel, cement, processing, transportation and other industries are all downstream industries of real estate. The booming development of these industries naturally drives other industries. The development brought by these industries offsets the decline caused by the international financial crisis.
The impact it brings.
This policy had an immediate effect. The domestic economy achieved a soft landing, and the lives of ordinary people were not greatly affected. However, everything has two sides, and the development of the real estate industry also caused housing prices to rise.
From 1998 to 2008, after nearly ten years of rising prices, house prices reached a very high position. The country also saw the hidden dangers and decided to rectify them. It can be a fate that affects people. In 2008, the United States
The most serious subprime mortgage crisis in history occurred. Many banks that had existed for nearly a century went bankrupt one after another. A global financial crisis formed again. The huge impact caused the country's export trade to shrink significantly.
As a last resort, the country once again used the same method as ten years ago, and housing prices across the country rose again.
It can be seen that the housing price problem is not what ordinary people think. The big reason is that it is a last resort. If we don't do this, the country's economy may be hit more seriously. The fundamental reason is that the country's industrial development is very unbalanced.
, relying too much on foreign trade, once the world economy is in crisis, China will be affected.
Of course, the global financial crisis affects not only small commodities, but also bulk commodities, but the impact will certainly not be too great. For example, people around the world may not buy commodities such as cars and food, but food and cars cannot.
Don’t buy, for example, South Korea and island countries, they were less affected by the two financial crises, especially the island countries are the most representative.
The island nation's economic development reached its peak in the 1970s and 1980s. In the 1980s, Japan's economy was so powerful that it frantically purchased European and American corporate assets.
Sony spent a huge US$3 billion to buy Columbia, the "soul of America" in Hollywood; Panasonic spent nearly US$5 billion to buy Universal Pictures; Mitsubishi Heavy Industries spent US$800 million to buy New York's Rockefeller, known as the "American icon"
Fifty-one percent of the shares in the center.
By the early 1990s, the national GDP had exceeded three trillion US dollars. What was the GDP of the United States that year? It was only 5.9 trillion, which means that the island country had reached half of the United States. If it developed at the rate at that time, it might
Within ten years it will reach the level of the United States.
Seeing the rapid development of the island country, the Americans went to trouble. As early as the early 1980s, they continued to stimulate the stock market and real estate of the island country through various means. They also signed the "Plaza Accord" with the island country. This agreement is an overlord clause. The main reason
This is because the U.S. fiscal deficit has increased sharply, and the external
The trade deficit increased significantly. The United States hoped to increase the export competitiveness of its products through the depreciation of the U.S. dollar to improve the U.S. international balance of payments imbalance, so it signed this agreement. However, the economic development of the island countries was also somewhat overheated at that time, and the appreciation of the yen could help Japan expand overseas.
market and establish joint ventures.
After the Plaza Accord was signed, the yen appreciated sharply and the domestic bubble expanded rapidly. Eventually, the bursting of the real estate bubble caused the island nation's economy to stagnate for more than 20 years. This stagnation lasted for more than 20 years until 17 years later, nearly 30 years later.
, the GDP of the island country is less than 5 trillion U.S. dollars, which has less than doubled compared with 1990. At that time, the GDP of the United States was nearly 20 trillion U.S. dollars, and has more than tripled in the past thirty years.