"Whoosh—!"
Although the students in the audience didn't fully understand many of the terms, the shock brought by the unknown theory was real.
They had never seen this theory in their textbooks!
That's so fresh! Lin Huowang's delivery was so powerful!
These days, thanks to the first group of intellectuals and leaders who went abroad to investigate, many of their observations and experiences from overseas were brought back to China.
This has led to a growing trend of worshipping foreign things and fawning over foreigners across China. In particular, university students, along with some professors who have returned from abroad, are the ones who have the most contact with "foreign things" on university campuses. They constantly boast and spread the idea that the United States, Japan, Britain, and Germany are so advanced now, with every household having a television, refrigerator, and other home appliances, and everyone owning a car.
Although many of these descriptions depict the current situation, the impact of such statements is incredibly disruptive for these students who grew up in hardship.
This leads many students with weak willpower to think not about how to help their country catch up with and surpass Britain and the United States, but about how they must study hard, get the opportunity to study abroad, and then stay in a capitalist country to enjoy a life of luxury.
So...
Under the impact of this viewpoint, Lin Huowang's statement on stage that foreigners are lining up to buy Chinese-made products seems unbelievable and completely overturns their perceptions.
Professor Liu was also stunned by what he said.
He opened his mouth slightly, about to refute, but found that he couldn't find a starting point.
Because what Lin Huowang was talking about wasn't some empty theory, but a naked and practical business logic that he had never encountered before.
Lin Huowang did not stop despite everyone's astonishment; he continued speaking:
"People might think I'm just bragging. How could a backward developing country like ours possibly produce products that Western developed countries are scrambling to buy?"
No amount of empty talk is as effective as presenting facts. So, I'll share some recent true stories with you.
"There is a Japanese company called Nakamura Electric, which has a patented technology for rice cookers and has licensed it to home appliance manufacturers such as Sony and Hitachi for production."
But the technology for this rice cooker was bought from China, so the cost was very low. However, when they labeled it 'Made in Japan,' they immediately sold it at a high price in Europe and America.
"But now, a Chinese company called 'Dragon Brand Electric Appliances' has used more advanced technology and lower prices, along with the characters from the Pokémon anime, to create a strong brand effect for Dragon Brand Electric Appliances. They've turned the tables and crushed them in the global electronics market! Even in Japanese department stores, they're now selling our products!"
"This is what I wanted to tell everyone..."
Lin Huowang stepped down from the podium and stood among the students, his voice filled with infectious enthusiasm and appeal as he spoke:
"Economics is not dogma to be memorized! It's a war! A war without gunpowder between nations and between companies!"
"We who study economics don't study to calculate those dead-end accounts! We study to help our country reclaim our pricing power in this dog-eat-dog world! We study to reclaim the dignity of our great nation, China!"
"boom!!"
Lin Huowang's words completely ignited the entire audience!
This isn't a lecture; it's practically a pre-war mobilization against the Western economy!
The students, who had initially been somewhat aloof and skeptical, were now listening with great enthusiasm, their eyes shining.
Students of this era are truly as pure as blank sheets of paper, brimming with patriotic fervor; what they lack is simply an effective method and channel.
"Well said!"
Qian Shujuan immediately took the lead and shouted, followed by thunderous applause that resounded throughout the entire lecture hall of Peking University.
Even Professor Liu, who had been keeping a stern face, slowly relaxed his furrowed brows.
He watched the spirited young man on the stage, the anger in his eyes slowly dissipating, replaced by an extremely complex expression, even tinged with admiration.
"What this kid just said... actually has some merit!"
Professor Liu muttered to himself, "Although the approach is a bit unconventional, this spirit and energy, along with the branding and distribution channels, are things I should study and think about carefully. The complexity of economics certainly cannot be covered by textbook knowledge. What he's talking about is exactly what our current economics community lacks!"
...
After delivering such a vivid and practical economics lecture, Lin Huowang was immediately surrounded by enthusiastic students.
Everyone was eager to ask him questions about the practical applications of the "smile curve" and "brand premium," and many even brought notebooks to him for autographs.
Having finally managed to escape the crowd, Lin Huowang had just stepped out of the classroom when he saw the department head standing at the end of the corridor with an elderly man with gray hair and an extraordinary demeanor.
Lin Huowang recognized him at a glance; he was the current president of Peking University.
"Lin Huowang, I was listening outside the classroom just now, and you spoke very well. Even Teacher Liu didn't point out any problems with you, and the students' reactions were even more intense."
The principal walked forward with a smile, holding a red letter of appointment in his hand, and handed it to Lin Huowang, saying:
"Although your theories are very bold, and some are even unorthodox compared to what professors are teaching now, as you just said, practice is the sole criterion for testing truth."
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