His thoughts began to drift to every corner of this city full of vitality and opportunities.
The first thing that comes to mind is the wholesale and retail industry. In Shanghai, as the consumption level of citizens continues to rise, commercial activities are becoming more active, and the wholesale and retail industry is gradually prospering.
Li Muchen seemed to see a bustling commercial street with shops lining the streets and people coming and going.
Department stores are filled with a wide variety of fashionable clothing, electronic products and daily necessities, satisfying the diverse consumption needs of citizens.
He thought to himself, "If I open a shop on the commercial street, a department store, or a small commodity market stall in Shanghai, I'll definitely be able to get a share of this prosperous market."
Then, the catering industry also came to his mind. The significant improvement in the living standards of Shanghai residents has strongly promoted the vigorous development of the catering industry.
With a proliferation of unique snacks and restaurants, Li Muchen envisioned opening several specialty restaurants, snack bars, or fast-food outlets. He envisioned focusing on innovative dishes and improving service to attract more customers.
"Food is an indispensable part of people's lives. In Shanghai, the food capital, there will be broad prospects for doing well in the catering industry." He thought silently.
Manufacturing also caught his attention. As an important industrial base in China, Shanghai's manufacturing industry has always been one of its economic pillars.
With the shift of international manufacturing to China, Shanghai's manufacturing industry is experiencing rapid growth. Li Muchen is considering the possibility of investing in a factory or participating in production and processing.
He is well aware of Shanghai's geographical advantages and policy support, and believes that engaging in production activities in the electronics, textile, machinery and other industries may bring him rich returns.
"Manufacturing is the foundation. I will definitely have a place on this big stage of Shanghai." His eyes revealed determination.
The real estate industry is also not to be underestimated. With the acceleration of urbanization and the continuous growth of population in Shanghai, the real estate market has begun to take off and gradually prosper.
Li Muchen is considering investing in real estate projects. Whether it is purchasing shops, houses, or developing real estate projects, it is possible to obtain considerable rental income or realize capital appreciation.
"Real estate is a huge treasure. In Shanghai, where every inch of land is valuable, opportunities are everywhere." His heart was full of anticipation.
He was also drawn to the tourism and related service industries. As one of China's economic, cultural, and transportation centers, Shanghai attracts a large number of domestic and foreign tourists.
Li Muchen imagined himself engaging in the tourism business, opening a travel agency, hotel, homestay, or providing tourism consulting services to meet the travel needs of tourists.
"The tourism industry is full of vitality and will surely flourish in this charming city of Shanghai." A longing smile appeared on his face.
Although the emerging technology industry was not yet fully popular in 1989, it was already beginning to emerge.
This is an attractive area for forward-thinking investors.
Li Muchen thought of opening computer training classes, selling computers and peripheral products, etc.
"Emerging technologies are the direction of the future. In Shanghai, a trend-setting city, I want to seize the opportunity." There was a glint of wisdom in his eyes.
Finally, he saw opportunities in the innovation and upgrading of traditional industries. While pursuing modernization, traditional industries also contain abundant entrepreneurial opportunities.
Li Muchen is thinking about revitalizing traditional industries by improving traditional crafts, enhancing product quality, and expanding sales channels. For example, he is opening specialty teahouses and promoting traditional handicrafts.
"Traditional industries have a profound foundation. In a diverse city like Shanghai, innovation in traditional industries will surely bring surprises." He was full of confidence.
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