Chapter 361 Deterrence(1/2)
Li Miaomiao was very curious about what Gao Li was planning.
You must know that after Zheng Li's true identity was exposed, the Chinese side blocked many people who wanted to see Zheng Li.
The head of state of Korea was definitely not the first person who wanted to meet Zheng Li. In addition to him, there were also many top people from other countries who expressed their willingness to come to Suzhou to meet Zheng Li.
Among them, Li from Lion City is the most enthusiastic.
Lion City prides itself on having a deep relationship with Zheng Li. Whether it is the A-round financing of Science and Technology Biotechnology, Dan Maxi, the national sovereign fund under Lion City, participated.
Or that Zheng Li later stayed in the Lion City for more than two years.
All this makes the Lion City have hope and a certain urgency to win over Zheng Li.
The news that virtual reality is about to come out will not only affect Korea. As a small country with only one city, Lion City will also be greatly affected.
The shrinkage of the global real economy alone, without the Strait of Malacca, would be enough for the Lion City to suffer.
However, the Lion City has also enjoyed certain benefits. For example, global asset indicators have fluctuated violently. As the financial center of Asia, the Lion City has reaped the benefits.
Financial centers mainly eat transaction fees. Asset values fluctuate violently, causing capital to trade frequently, and the market naturally makes money.
Just like the money earned by China in stamp duty has long exceeded the deed tax on house transactions.
You must know that in 2021, stamp duty is about half of the house transaction deed tax. By the first half of 2022, the difference between stamp duty and house transaction deed tax is less than 20%.
Of course, this is also related to the cliff-like decline in second-hand housing transactions. Compared with the first half of 2021, the deed tax on second-hand housing transactions in the first half of 2022 dropped by 28%, while the stamp tax increased by 11.3%.
Stamp duty increased by 47.3% in the first half of 2021.
Through this example, you can imagine how much money the Lion City made when the market fluctuated violently.
But as a transit point for international trade, physical demand has shrunk, how can they still make money?
Financial risks alone are high, and if physical trade is not transited through you, your status as a financial center will be shaky.
Although the manufacturing industry in developed countries has shrunk in recent years, global trade is still flowing.
Products manufactured in developed countries still have to be sold to other countries, and resources from other countries also have to be transported by sea.
Products including products from China are still being supplied to the world.
Therefore, the impact on the Lion City was not great.
Just because the impact was not big before does not mean that the impact of virtual reality is not big.
The appetite of the Lion City is much greater than that of Korea. It hopes to relocate the entire science and technology industry to the Lion City, and at least become a naturalized citizen of the Lion City like the wealthy Chinese.
They have full confidence in this aspect. From Ali executives in the Internet industry to Haidilao owners in the catering industry, an overwhelming number of Chinese wealthy people are naturalized in the Lion City every year.
Why? In fact, there is nothing superior about the Lion City’s system. Elections in name are actually hereditary.
The most important thing about the Lion City that attracts wealthy Chinese people is taxation. There is no inheritance tax, and all income earned by Lion City citizens in countries other than the Lion City is tax-free.
The Lion City is a tax haven for the wealthy with more relaxed policies than Switzerland.
So much so that the Lion City has raised the threshold for investment immigration in consecutive years, from SGD 5 million to SGD 20 million, and now to SGD 50 million.
However, what the Lion City is trying to attract Zheng Li is not the traditional tax policy that attracts wealthy Chinese people, but something else.
“What the leader of Korea just mentioned is that they are willing to pay the difference, right?
That is to say, they want to go further based on our pricing and try to provide everyone with virtual reality equipment."
Zheng Li nodded: "Yes, the other party offered to make up the difference."
Li Miaomiao fell into thinking. She knew far more about Goryeo than Zheng Li.
Kechuang Biotech is facing direct competition with Korean companies in many fields.
For example, brain-computer connected VR competes with Samsung, and Samsung's biopharmaceuticals are also not weak in the biomedical field.
After Samsung entered the biomedical field in 2015, its revenue has maintained a compound growth rate of more than 50% over the years.
The momentum is fierce.
When Li Miaomiao was taking MBA classes, Samsung was considered a key example in lectures by teachers.
In the battery field, LG has visited many times, trying to obtain patent authorization for lithium metal cathode materials and graphene coating manufacturing equipment.
Including my usual communication with other entrepreneurs, I also heard a lot about the Korean corporate style and Korean rumors.
"I guess this Korean government will make bigger moves.
It is very likely that they are trying to provide virtual reality entertainment to everyone, and then rely on national finances to provide basic survival guarantees.
Then take action on the chaebols."
There has always been a misunderstanding about Goryeo in China. It seems that the chaebols in Goryeo are the largest and they can do whatever they want.
In fact, chaebol are still far from omnipotent.
They are above the law, not the government.
And in these years, the power and status of the chaebols have been constantly shaken. They are getting further and further away from being omnipotent.
For example, before Moon left office, the chaebols collectively put pressure on him, trying to get him to release imprisoned Samsung leader Lee Jae-yong.
First, the heads of Korea’s four major groups, Samsung, LG, Hyundai and SK, proposed to Moon that Lee Jae-yong was crucial to maintaining the competitiveness of Korea’s semiconductor industry and hoped to grant him amnesty.
Later, Amerikan personally came out to lobby at Korea's chamber of commerce: As one of the world's largest chip companies, if Samsung does not actively support Biden's plan on the chip issue, South Korea's status as a strategic partner of the United States will be threatened.
Even under this pressure, Moon finally withstood the pressure and refused to pardon Lee Jae-yong before leaving office.
It was not until the next leader came to power that Lee Jae-yong took advantage of the National Liberation Day to receive an amnesty.
To the people at the bottom of Goryeo, the power of chaebols seems to have no boundaries, but in fact they are still subject to restrictions.
Back then, the same Korean chaebol group headed by Samsung and Lotte jointly proposed a wish list, including reducing corporate income tax and inheritance tax, increasing the work week to 52 hours, and diluting the Serious Accident Penalty Act.
In fact, the illusion of chaebol omnipotence was almost created by Lee Myung-bak. As soon as he came to power, he pardoned Samsung Chairman Lee Kun-hee and then relaxed restrictions on companies entering the financial industry.
Let the chaebol power become increasingly powerful.
By 2031, Goryeo is only one step away from taking action against the chaebols.
Li Miaomiao didn't know much about this level of details. She just inferred what the other party wanted to do from his appeal.
In addition, the Justice Party is an ultra-left faction.
Li Miaomiao can often see in the news that the current government of Goryeo has taken action against the chaebols again.
"But whether they can succeed is still a question. The chaebols have Wall Street capital behind them, and they are not that easy to deal with."
A very important reason why chaebols are above the law is that they are managers who make money for Wall Street.
Taking Samsung as an example, the shareholding proportion of foreign investors has been fluctuating steadily around 50%.
In the past ten years, Samsung has repeatedly issued overseas bonds in its own name, and the funds raised through overseas bonds have been used to expand its production capacity at the Amerikan factory.
It's just the master's job.
“It is estimated that we will be able to see the results of their game within the next six months.
There are really too many things going on recently, various cooperation agreements, and I feel like even if I divide it into ten people, it won’t be enough.
I finally understand why you gave me the Magic Brain at that time. With this level of work intensity, if I hadn’t used the Magic Brain, I would have died suddenly.”
Zheng Li smiled and said: "I will allocate part of the artificial intelligence authority to you. You can hand over some routine work to the artificial intelligence for review. Its probability of making mistakes is smaller than yours."
Li Miaomiao never knew that Zheng Li had artificial intelligence. She asked curiously, "Artificial intelligence? To what extent can it roughly be achieved?"
Compared with the artificial intelligence currently on the market?
What I use most is the manual proofreading artificial intelligence of WPS, which can even give contract advice from a legal perspective.
I feel like our corporate legal staff are not far away from losing their jobs.”
In recent years, the development of artificial intelligence has not only stayed on the B side, but also has a relatively rapid development on the C side.
Since the concept of artificial intelligence became popular in 2016, many major manufacturers have launched their own artificial intelligence, and its functions have mainly focused on conversation and chat.
For example, Microsoft Xiaoice, Apple's Siri, Qiandu's Xiaodu, etc. later began to have some applications. Qiandu launched artificial intelligence for automatic writing.
By the 1930s of the 21st century, the application of artificial intelligence had become more widespread and popular.
So much so that the teacher repeatedly emphasized that artificial intelligence cannot be used to write essays for you.
Because for topics like argumentative essays, artificial intelligence can write better than ordinary students.
The sense of crisis among full-time online writers at Qidian does not come from their peers, but from artificial intelligence. Everyone is guessing when an artificial intelligence that can write online articles will be born.
The document proofreading artificial intelligence launched by WPS is based on the document proofreading function that has always been available before, using artificial intelligence-related algorithms and fed by WPS massive data.
As for why we don’t use office, it’s mainly because WPS directly built their system in Kechuang Biotechnology’s data center.
It has also been deeply embedded into the office system of Kechuang Biotechnology.
In other words, any data generated by Kechuang Biotech using WPS will be stored in their local server and will not be transferred to Kingsoft's database.
The larger the enterprise, the higher the requirements for confidentiality and information security.
This is just a general situation, and it does not rule out that the management of a few large enterprises is the same as that of the Caotai team.
"You can think of it as a real secretary. I will ask it to add your WeChat account, and then if you have any work to do, you can directly send it the work content on WeChat.
To be continued...