Teacher Zhao and I are representatives of China, here to discuss this matter and present the official opinion.
Firstly, virtual reality devices can be sold throughout China, but the bio-communication tree is currently limited to Suzhou City.
In other words, the virtual reality devices sold to other regions of China are standalone units.
Only in Suzhou can you find virtual reality devices that can connect to the internet.
The large-scale rollout of virtual reality presents two main challenges: firstly, the cost, and secondly, the impact on various sectors of society, which is currently unbearable.
A buffer period is needed.
This is the only condition we have.
Over the years, China has been very kind to capital, although there are various rumors circulating, such as disrespect for individual property and the lack of security for the rich.
In fact, compared to Western countries directly confiscating the assets of Russian tycoons, China is much more generous.
As early as 2014, rumors began to circulate, implying that these wealthy individuals, whose initial capital accumulation was not entirely clean, should flee.
Later, in 2017, he even publicly encouraged these people to make money.
The clever ones ran away early.
The reason for this buffer period is for a similar reason.
We need to give state-owned capital time to maneuver and dispose of assets with poor prospects, replacing them with assets that are more resistant to market downturns.
It also provides a window of opportunity for the wealthy to reallocate their assets.
If you miss this window of opportunity, you've truly missed it, and it's inevitable that you'll be exploited by the times afterward.
This is similar to the tightening of the real estate market in China. 2019 was the best window to sell at the peak, and the rumors were still circulating in 2020.
Some real estate companies that don't believe in fate are still acquiring land at high prices even after 20 years. If they don't go bankrupt, who will?
However, the wealthy with connections are quick to act, as they have a significant head start in accessing information compared to ordinary people.
As for why real estate tycoons are still acquiring land at high prices even after 20 years, one reason is that they are being pressured by local governments, and the other is that they do not believe that the Chinese government will allow the real estate market to die.
For example, a certain company hires a chief economist with an annual salary of tens of millions of yuan, who speaks out in public every day, saying that monetary policy should be relaxed, and that interest rates should be lowered every day, so that money can flow appropriately into the real estate market.
The reason why a certain company, heavily indebted, spends so much money to hire someone is...
It's all because his teacher was previously the deputy director of the China Development Research Center and later a member of the China Monetary Policy Committee, a senior think tank in China's central financial field.
A certain leader believed he could indirectly influence China's monetary policy through any means. This is, in reality, wishful thinking.
Even though China later loosened its monetary policy for various reasons, these loose monetary policies did not flow into the real estate industry.
Even though the money was just circulating within the financial system, it didn't go into the real estate sector.
China is determined to resolutely resist further speculation in the housing market and to restrict the flow and destination of funds in the real estate industry.
However, they dare not promote virtual reality devices in the short term. If the real estate industry's winter is just dynamite, then virtual reality devices are nuclear bombs.
Zheng Li replied directly, "Okay, no problem, I accept."
Lei Jun continued, "Could this product be promoted to other countries only after it has been used to a certain extent within China?"
This means giving China a certain time difference.
Should we get used to virtual reality technology first, and then sell the equipment to other countries?
Lei Jun was not surprised that Zheng Li agreed so readily.
Because fundamentally, products that are open to all users are inherently different from niche products.
Virtual reality devices need to be sold to all users in China; it's unrealistic to rely on Zheng Li alone for transmission.
We still need to rely on China's vast and developed logistics system.
If China does not allow Zheng Li to sell, the most Zheng Li can achieve is a virtual reality world with a scale of tens of thousands, which would be quite remarkable.
It can't even cover the entire population of a single street in Suzhou.
With such a high barrier to entry as developing the "Magic Brain," Zheng Li doesn't need to worry about anyone's opinion.
However, it is clear that virtual reality devices cannot be promoted without the permission of the Chinese government.
Zheng Li countered, "How long will it take you?"
Lei Jun replied, "Six months."
"We only need six months."
For China, they do not want virtual reality devices to be sold only within China.
This kind of impact shouldn't just affect China's capital market; it should also affect developed countries like America, Europe, Japan, and Korea.
The Europa League is also in a rather dire situation, with only two economic engines, Germany and France, struggling to stay afloat.
England's economy is in dire straits, and Boris Johnson's downfall was not only due to the London magic incident, but also inextricably linked to England's poor economic situation.
Moreover, if Zheng Li wants to promote virtual reality equipment, he ultimately needs an entity to do this for him.
Besides Kechuang Biotechnology, are there any other companies that can do this for him?
China is allowed to tax the revenue of Kechuang Biotechnology.
Previously, the taxes paid by Kechuang Biotechnology each year were enough to make strong second-tier cities like Nanjing and Jiangcheng envious, and even Shenhai was somewhat tempted.
The taxes from the subsequent sale of virtual reality equipment will inevitably tempt even the central government of China.
"Six months? Sure."
Zheng Li originally envisioned that it would also take time to negotiate with other countries.
We can use China as a model to show other countries on Earth how virtual reality devices can help boost productivity.
Half a year is nothing to a mage; it passes in the blink of an eye.
The negotiations between the two sides went smoothly, with virtually no disagreements.
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