On May 19, 2000, China and the European Union reached a bilateral agreement in Beijing on China's accession to the World Trade Organization.
This is another important agreement reached by China following the bilateral agreement between China and the United States.
After the completion of this agreement, China has cleared almost all obstacles to joining the WTO.
China's huge market is the next economic growth point coveted by Europe and the United States.
China is not only a huge market, but also a magical market.
Its magic is multifaceted. Europeans and Americans think that as long as they set strict rules and regulations, the Chinese market will be a lamb to be slaughtered.
But what they could never have imagined was that within the framework they strictly prescribed, and according to the rules you set, the Chinese people actually came up with some new tricks.
The Chinese people started from the lowest level of labor-intensive industries. With their hard work, intelligence and diligence, they managed to move from the low-end industrial chain to the mid-end industrial chain and finally launched an impact on the high-end industrial chain.
After China began to attack the high-end industrial chain, Westerners suddenly realized that the Chinese market, which they had thought was a sheep, had become a tiger.
Moreover, this is a tiger that likes to eat and grow cabbage. As long as this tiger roars and enters a territory, the territory will become a cabbage garden.
Of course, this is a matter for the future. Now they just think that the Chinese market is a magical place.
The first magical place appeared in the automotive field.
After years of playing with cars, foreigners have summed up a rule that they think is very reasonable, which is that if an automobile company does not produce and sell more than 150,000 cars a year, it will suffer losses.
Their theory is that a production capacity of 10,000 vehicles requires an investment of 150 million yuan, a construction period of three to five years, and an investment recovery period for an automobile company is eight to ten years.
At that time, the country was fooled by this theory of foreigners. When investing in a new car factory, it stipulated that the starting production capacity must be 150,000, and the investment would often reach tens of billions.
But to Wan Feng, this is bullshit.
If he is given 150 million euros, he can build a car company with a production capacity of 80,000 vehicles. If he is given 10 billion yuan in funds, he can build five companies of the same size based on Nanwan's current level.
As for the profit line of 150,000 vehicles, that is even more nonsense.
He never believed in that. The rule he summarized was: microcars and small cars can make a profit as long as the sales volume reaches 20,000 units, and the profit point of compact cars is around 13,000 to 15,000 units. The difference depends on the premium of the vehicle.
As long as the production capacity of mid-to-high-end cars can reach 8,000 units, they can make a profit because they have strong premium capabilities.
This is also the reason why Nanwan Automobile will enter this market in the future.
Of course, if Wan Feng told this reason to foreigners, they would not believe it at all.
But in 1999, this theory was broken by foreigners themselves.
General Motors Buick sold less than 200 units to 20,000, and announced a profit of nearly 600 million yuan.
General Motors' first phase of investment paid off in one year, which completely stunned General Motors, which had already prepared for several years of losses.
They themselves were dumbfounded, and all the major foreign car companies watching outside were also dumbfounded.
The investment was recovered in the same year, and this was achieved by selling less than 20,000 cars just for one model!
What is going on?
This situation has never happened in the West.
After being dumbfounded, these car companies had veins bulging on their necks and their eyes turned red.
A board meeting was held overnight to discuss the plan to enter the Chinese market.
At one time, foreign manufacturers such as Ford, Nissan, Hyundai, and BMW all formulated strategic plans to enter the Chinese market, and some have already begun contacting Chinese manufacturers.
Wan Feng was not surprised at this result at all, as they had known it for a long time.
Not only do they know it, but the public knows it too.
But these bastards of the public are evil-hearted. They take advantage of others but make a fortune in silence.
I guess most Chinese people have secretly cursed all the women in the 18th generation of the general public's ancestors.
Originally, Volkswagen was planning to continue squeezing out the surplus value of Santana and Jetta and had no plans to invest in new cars, but under this situation, it has no choice but to invest.
In addition to preparing to launch the Passat, Shangqi Volkswagen will also introduce the small car Polo.
When everyone was cursing, Wan Feng was actually cursing too.
However, he only muttered a few words and stopped cursing. All this was destined. Not to mention those idiots at General Motors, these foreigners would also flock in after China joined the WTO, it would just be a year or two later.
It is impossible to curse back at a foreigner by cursing at his mother.
Since cursing is useless, it’s better to use all the saliva to do something practical.
Wan Feng is not worried at all about the involvement of foreign car manufacturers in the micro and small car categories.
Not to mention whether others are interested in them or not, even if they are interested in them, they will be dead if they come in. In this field, they will never be a match for Panda and Qingfeng.
Wan Feng is still confident about this.
The compact sedans Honda Civic and Honda Hurricane are not easily defeated.
Now it is mainly in the mid-to-high-end field. There are no cars entering the market in Nanwan yet, which is a pity.
But this regret won't last long.
Great Wall will be offline next month and officially enter this field.
Nanwan's inline six-cylinder engine has finally completed 2,000 hours of trouble-free testing. All indicators have met the design requirements and can be installed for vehicle testing.
This is more than a year ahead of its original plan.
That’s the drive of the people of South Bay.
Another V6 engine is also halfway through its 2,000-hour test and should be completed in another month.
Both engines will be installed on Great Wall in the future.
Once the Great Wall vehicles purchased by the government are equipped with six-cylinder engines, the Great Wall version of Nanwan equipped with a 482T engine will be ready to enter the market for testing.
If it gains a foothold, improved models will be launched based on it.
August 2nd is the settlement date for Qidian.com.
This is the second month that Qidian.com has started charging for VIP membership.
In the past two months, the website has launched more than 800 works, allowing 800 authors to earn more or less income.
At this time, Qidian.com had more than 700,000 registered members, more than 8,000 resident writers, and more than 1,300 contracted works.
Thousands of works are updated on the website every day.
The monthly ticket list finally appeared in the second month, and someone's Soldier King Xiaoyue became the champion of the monthly ticket list in the first month, although he only received more than a thousand votes.
But unfortunately, this novel has also been completed, and the final word count has been fixed at 500,000 words.
The author's overall income in the second month was not much different from the previous month.
The author with the highest income only earns more than 1,000 yuan. Although there is one more author with an income of over 1,000 yuan compared to last month, there is not much improvement overall.
Now, it’s enough for the author to maintain a monthly income of over a thousand yuan on the website. Don’t ask for too much.
Nowadays a worker’s salary is only around 700 or 800 yuan. How much higher do you want to ask for?
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