Video Game Empire - Chapter 696
Although the Asian financial crisis in 1997 had a considerable impact on Hong Kong, it was far less tragic than in another time and space. On the contrary, it helped Hong Kong’s economy quickly curb the overheating momentum brought about by the hype over the return.
After the new SAR government came to power, Hong Kong’s economy relied on the large-scale government infrastructure developed in the New Territories, which temporarily made up for the industrial hollowing crisis brought about by the ebb of the electronics industry, making Hong Kong’s original large industrial employment population have sufficient buffer time. To gradually transfer to the service industry and other fields.
After the electronics industry began to go north one after another due to cost issues, the Hong Kong economy has also accelerated the pace of a new round of upgrading and transformation. In addition to the rapid growth of the financial industry, service industry and import and export trade, the biggest bright spot is the rise of the Internet industry.
Since the 1980s, Hong Kong’s Internet development has been in a leading position in the world under the full promotion of Li Xuan. The proportion of Internet users in Hong Kong has also ranked first in the world for more than ten consecutive years.
Therefore, when the Internet wave swept the global market since the 1990s, the good basic atmosphere made Hong Kong a hot spot for entrepreneurship that can keep pace with Silicon Valley, and a large number of world-renowned unicorn companies were born here.
For example, quora, the world’s largest search engine company, occupies more than 90% of the global search engine market. There is also the world’s largest social software service company, ICQ, which was first used by the R&D personnel of the Oriental Group for internal online communication. After commercialization, it quickly swept the world. And the world’s largest online transnational commercial procurement platform – Global Trade Network, this online B2B website established by Oriental Commercial and relying on its global marketing network, has more than 7 million suppliers from more than 100 countries around the world. merchants and buyers. Its annual transaction volume and market share far exceed that of Alibaba, which has focused its attention on C2C (Taobao) in another time and space.
If these companies still have more or less connections with Li Xuan, then other companies are huge surprises that Li Xuan did not expect.
For example, in 1990, a group of Hong Kong college students who like to travel in poverty started a travel diary sharing community called “Go”. Ten years later, this humble website has developed into the world’s largest online travel service platform.
There are also two headhunting consultants working in a headhunting company in Hong Kong, who also resigned and started their own businesses through the Internet wave. It took them only six years to develop the company they founded into the world’s largest job search social networking site.
In 2005, Hong Kong’s Hong Kong Economic Journal conducted a wealth survey, and there were more than 100 Internet upstarts with assets of over one billion in Hong Kong, becoming an emerging force that can compete with the traditional rich.
More and more new heroes of wealth continue to emerge, but Li Xuan, the famous “God of Wealth Li”, has begun to keep a low profile. If it weren’t for the annual Forbes list of richest people, and he did his part to hang him at the top of the list, many people would have forgotten that he is the richest man in the world.
As early as 2000, Li Xuan announced his official retirement and completely resigned from all positions in the Oriental Group. This news once caused a global sensation. You must know that in 2000, Li Xuan was only forty, and most people had just started their businesses at this age.
And Li Xuan not only chose to retire himself, but also opened the first round of large-scale power transfer since the establishment of the Oriental Group. The group of veterans who started the business with him at the beginning also began to retreat behind the scenes, giving the stage of performance to the newly emerging juniors.
Li Xuan’s former secretary Ke Lilun, after nearly 20 years of training in the Oriental Group, finally took the position of chairman and became the new leader of the Oriental Group.
Although the leadership of the Oriental Group has undergone a major change of blood, the transfer of power within the company is actually very smooth, and there is no turbulence. In fact, as early as two or three years before Li Xuan announced his retirement, he began to gradually focus most of his energy on company affairs. Many important decisions of the group have actually begun to be decided by Ke Lilun, who was transferred from the chairman of Oriental Group China to the headquarters as deputy director.
After getting on the horse for another ride, Li Xuan can finally officially announce his retirement. Of course, he couldn’t really ignore such a big Eastern bloc, but he did have a lot less trouble after retirement.
For example, in the 2000 U.S. election in full swing, the candidates from the Republican and Democratic parties—Gore and George W. Bush both had close relationships with him. He just used the excuse of retirement to avoid these political disturbances.
Gore was originally the star politician who most supported the development of the Internet in the United States, and Bush Jr. was also closely related to many American high-tech entrepreneurs because of Li Xuan’s relationship. The battle between the two in Silicon Valley was fierce, and the Eastern Group was inevitably involved.
If Li Xuan hadn’t retired, he would definitely become the focus of their contention. No matter which side he supported, he would offend the other side! But it was different when he retired early. He is no longer a public figure and naturally has good reasons to avoid the spotlight. So he simply went to remote and backward areas in China to investigate for half a year in the name of the Haichuan Foundation, and did not return to Hong Kong until the dust of the US election was settled.
Bush in this time and space has been elected governor of Texas since 1990, and was successfully re-elected governor in 1994. But after his second term expired in 1998, he neither sought a third term as governor nor turned to run for Congress, but began preparing for the presidential election two years in advance.
With his outstanding performance during his eight-year governorship in Texas and his father, Bush Sr.’s large political legacy, almost no one in the Republican Party has come out to challenge Bush Jr.’s presidential candidacy. Under his leadership, the highly united Republican Party successfully regained the presidency. This time, Bush defeated Gore in an open and fair manner, which is much more convincing than a controversial victory in another time and space.
It is naturally the best choice for Li Xuan that Bush Jr. can come to power. With only the close relationship between Bush and the Eastern Group, which has been constantly and chaotically, the company will certainly develop with peace of mind during his tenure.
The Bush family deserves to be related to the war, first in Afghanistan, then in the second Gulf War. In his short first four-year term as president, Bush Jr. was even more mad than his father, and even launched two large-scale wars in one breath.
These two wars have continuously involved most of the energy of the United States, and have seriously damaged the national strength of the United States. China, on the other hand, took advantage of the good opportunity that the United States wanted to pursue itself (not to make trouble behind its back), and began to accelerate its development.
For example, in the semiconductor industry, Dongfang Semiconductor was approved by the US government in 2002 to allow it to build a new semiconductor factory in China using a 0.15-micron process. The technical process of China’s semiconductor industry, after decades of catching up, has finally begun to truly approach the world’s advanced level!
In the eight years when George W. Bush was President of the United States~www.mtlnovel.com~ Oriental Semiconductor quickly built five fabs in China with three processes of 0.15 micron, 0.13 micron and 90 nanometer, and its 25% production capacity was rapid It was transferred to a factory in mainland China for production.
Of course, no matter how advanced the technology is, it will still become obsolete after a long time, which is especially prominent in the semiconductor industry where the replacement speed is fast. The biggest contribution of Dongfang Group to China’s high-tech industry lies not only in bringing advanced technologies, but also in cultivating a large number of high-end R&D talents who have personally participated in the development of cutting-edge technologies.
According to the internal statistics of Orient Group, from 1985 to 2005, the total number of R&D personnel recruited by Orient Group from the mainland exceeded 250,000. Taking chip development as an example, more than two-thirds of the core technical talents of various domestic companies have worked in the Oriental Group.
Oriental Group can be described as China’s largest Whampoa Military Academy in semiconductor, computer, software, Internet and many other high-tech industries!
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