Most people cannot connect the fact that only Suzhou currently has bio-communication networks with the idea that the valuation of companies holding the most commercial real estate in Suzhou will skyrocket.

Those who can make such connections are veterans who have been immersed in the world of online gambling for many years.

Speculative investors have the strongest associative abilities. After the magic made its first public appearance, the forestry company in the A-share market experienced a violent surge.

However, most ordinary people are aware that housing prices in Suzhou will rise.

Chinese people are most sensitive to housing prices.

A subway line is being built downstairs, so property prices will rise; a large commercial complex opens nearby, so property prices will rise; someone commits suicide by jumping off a building in the neighborhood, so property prices will fall.

Things happening around you can be quickly linked to the rise and fall of the property you own.

This is a case of the Pavlov effect.

So even though China's real estate market has stagnated for almost ten years, this stagnation refers to the overall situation.

Of course, some places are still making great strides, such as Suzhou, while others have fallen drastically, such as fourth-tier cities and even lower-level counties.

The residents of Suzhou are almost all aware that the value of their houses is about to rise significantly, so much so that in the past few days, there have been numerous cases of people insisting on breaching contracts even after the agreements have been signed.

Although everyone knows that China's real estate market is a ticking time bomb, one that will explode sooner or later.

However, it dragged on for a full ten years without exploding, which was not only related to the government's regulatory policies, but also to the Chinese people's obsession with real estate.

Whether it's the intelligence, creativity, or organizational and mobilization capabilities of the Chinese people, they are absolutely no less capable than people from any other country on Earth.

However, why is it that China has made very few, if any, contributions to important inventions and systematic innovations?

A key reason is path dependence. For thousands of years, the tradition has been land consolidation. Those who made their fortunes through maritime trade had to go ashore and convert their land into property, transforming themselves from maritime merchants to landlords through tenant farmers.

This remains true in modern times; how can you make as much money in R&D as in real estate?

If you buy property, whether in a first-tier city or a third- or fourth-tier city, you're guaranteed to win big. The only difference between cities is how much you earn.

This was true in ancient times, and it remains true in modern times. This path to wealth acquisition has created a serious path dependency.

The original driving force of scientific creation has been weakened.

“Sometimes things are really hard to predict. I have a friend who watched your press conference at the beginning of this year and is working hard to set up a virtual reality internet cafe.”

The address has been chosen, and the contract and rent have all been settled.

I estimate that there are quite a few similar plans across the country, but your virtual reality devices are bundled together.

It's simply impossible to run an internet cafe business like that, let alone lease or resell it.

This caused their plans to completely fall apart.

Internet cafes are a product of their time, a business model that should have been eliminated long ago, but they survived by relying on League of Legends and PUBG.

Later, in the era of brain-computer interface VR, some high-end internet cafes transformed into VR internet cafes, and the business was quite good.

Businesses that have tasted success in this area are now trying to shift their focus to virtual reality.

"My friends in Shanghai who are doing this are all desperate and don't know which direction to take."

The place he rented cost 30 million a year, and he signed a three-year contract.

Li Miaomiao said helplessly, "What are you thinking about?"

Investing when nothing is certain?

Even if our virtual reality devices could support different people logging in, they still wouldn't be able to buy them.

With a production capacity of one million units, and the goal of supplying the world, it's already difficult for individuals to even buy them.

Not to mention the quantity needed to support the internet cafe business.

If he could buy that many, he'd make more money as a scalper than running an internet cafe.

Li Shuyao laughed and said, "He was gambling to begin with."

Many people approach business with a gambling mentality.

I just lost this bet.

However, not everyone lost the bet; my friend in Suzhou who wanted to open an internet cafe won.

You just held a press conference this morning, and this afternoon someone approached him willing to pay twice the price to sign the commercial real estate lease contracts he had.

However, land prices in Suzhou weren't as high as in Shanghai before, so his rent was only ten million a year, but he made a profit of ten million just by reselling it.

Li Miaomiao shook her head: "So luck is very important."

This is how information asymmetry arises: what I consider to be taken for granted can cause others tens of millions in losses or gains.

Therefore, I have to carefully consider many things I tell you.

However, your friends in Shenhai can also hold onto the land in Shenhai for a while, because our bio-communication network will definitely be built in Shenhai.

Shanghai is, after all, a first-tier city.

Once the bio-communication network is operational, he won't lose money even if he opens a hotel.

Li Miaomiao reminded that, although she did not say it explicitly, Shenhai was one of the cities included in the second batch of biocommunication network cities.

But Li Shuyao immediately understood: "Okay, I'll remind him when I get back."

You are the top predators in the entire Chinese ecosystem, no, in the entire world ecosystem. Countless enterprises and even individuals rely on scientific and technological innovation to survive.

Your impact on the real economy surpasses that of the vast majority of countries.

My friends originally wanted to get some clues from me.

I'm also very tight-lipped, and I've always said I don't know.

But I didn't know that to begin with.

I almost never influence other people's business decisions.

Because I'm your older sister, this relationship is quite sensitive, let alone for you.

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