Xiao Zheng finished the topic of China’s demographic advantage and economic development. Now we get to the real theme, which is what China’s future economic focus should be.
real estate
House prices have reached their peak. Except for a few potential cities that will see substantial growth, housing prices in first-tier cities will stabilize over a period of time.
Of course, as the ace star of GDP, even if housing prices fall, the magnitude can be ignored.
Shifting the focus of GDP and preventing real estate from hijacking the country's GDP will become the focus of China's next stage of development. And it is extremely unhealthy and even dangerous for a city or a country to rely purely on the housing market to rely on GDP.
The entertainment industry is the future development path proposed by Xiao Zheng.
What is entertainment
Xiao Zheng used a simple example to illustrate his point.
At this time, he used pan-entertainment and big entertainment to explain his deep understanding of the entertainment industry.
"Text, TV movies, games, comics, and derivatives are the core content of the large entertainment sector." Xiao Zheng said concisely but patiently. "The market economy has determined that online shopping has become more popular. In recent years, movie theaters, KTV chains, and even the tourism industry have all shown geometric growth. This also means that the people's economic level has improved. They need more than just food. So simple, and spiritual entertainment.”
"Just imagine, there is a huge market worth hundreds of millions. As long as we can come up with sufficiently ideal entertainment projects and plans, are we afraid that we will not be able to earn enough benefits from the huge population base? And this healthy economic model is also beneficial to The country benefits itself and the people." Xiao Zheng said with a smile.
I used the last sentence to explain my relatively macro starting point.
Snap, snap, snap.
There was fierce applause from the audience.
Xiao Zheng's thinking is very clear and forward-looking. Of course, what he said was by no means empty talk, but the entire development process of ENN proved the feasibility of what he said.
In just ten years, ENN has become a super group that attracts attention in Asia and even the world. What does it rely on? It is a profit model that is different from traditional enterprises. It is based on projects that focus on users, traffic, and entertainment.
This type of approach will allow ENN to have sufficient cash flow. Unlike the real estate market, big guys often raise financing first, then build the first and second phases. After receiving the balance of the first two phases, they start the later stages of the project.
It cannot be said that there is anything wrong with this model. It even has to exist. But the plan proposed by Xiao Zheng is obviously more advanced and more relevant to today's rapid economic development.
Xinao's great success in various fields also proves that Xiao Zheng's business acumen is top-notch.
After listening to Xiao Zheng's story, Wu Gang said meaningfully: "Boss Xiao discussed the future economic model in an in-depth and concise way. It was really inspiring. I believe it also brought a lot of thinking to everyone here. So what follows? , I would like to invite Boss Lin to speak."
After saying that, everyone looked at Lin Chaotian. This legendary figure who created countless myths.
Lin Chaotian picked up the microphone and said calmly: "Boss Xiao's point of view is very novel and very mature. I have nothing to add in this regard. I also agree with it. Lin has already made a pan-entertainment plan. It can be said that It coincides with Xinao.”
Xiao Zheng narrowed his eyes slightly and nodded with a smile. I don’t know what Mr. Lin wants to do.
Later, Lin Laoyao said very calmly: "But what I want to say is that the economic system of any country is never single. For example, while focusing on the Internet economy and entertainment economy, the offline economy, including Boss Xiao just now The named real estate economy is still the country’s key economy.”
"Entertainment is carried out on the premise of having enough to eat and living and working in peace and contentment. Blindly pursuing entertainment effects, I believe, will be counterproductive and cannot truly change the country's economic status quo."
After saying these words, Xiao Zheng couldn't help but praise him secretly. Ginger is still spicy. While encouraging the entertainment industry, it does not treat traditional industries as radically as Xiao Zheng.
This is the way to go.
Of course, from a certain perspective, Lin made his fortune in traditional industries. What Lin Laoyao represents is largely the interests of traditional industries.
From this point of view, there is a conflict between Lin's corporate genes and ENN itself.
The more developed the Internet is, the more difficult it is to do offline business. Traditional industries will be greatly challenged. Why did Lin change his business model and adjust his focus? Isn’t it also following the trend of the times
Faced with Laoyao Lin's rather sharp response, Xiao Zheng also expressed his clear point of view: "Boss Lin is right. Although the entertainment industry is important, no one can underestimate the impact of traditional industries on the entire national economy. . But in my opinion, from ancient times to the present, those who fall behind will be beaten. They will be passive. Every field and every product has an expiration date. When it shines and shines in a specific period, it has completed its historical mission. .As long as it is redundant and has no value, it must withdraw from the stage of history."
"Capital should not be nostalgic, and it is also cruel. Mercy and sympathy cannot change the status quo. Innovation is the capital quality that a strong nation should possess."
Xiao Zheng said slowly: "Boss Lin, why don't I make a bet with you."
"Huh?" Lin Laoyao raised his eyes and glanced at Xiao Zheng.
"The large entertainment market will become the world's largest market in the near future. Whether it is the booming automotive field, real estate, etc., it cannot be compared with the large entertainment market."
After hearing this, the audience felt that Xiao Zheng's counterattack was quite powerful this time.
Xiao Zheng represents a new force, while Lin Laoyao is not entirely traditional or conservative. But his speeches were always biased.
At this moment, Xiao Zheng's clear statement actually completely defeated Lin Laoyao's army.
This summit forum is to discuss future economic trends. Xiao Zheng's remarks obviously determined the future entertainment route.
So how should Old Yao Lin respond
Lin Chaotian picked up the microphone. After three seconds of silence, he opened his thin lips and said, "Betting on this, why not bet on who will become the strongest player in the entertainment market first?"
provocative!
This is Old Yao Lin’s naked provocation!
Not only did it resolve Xiao Zheng's attack, it also pushed the summit to its climax. On the contrary, it also recognized the potential and value of the entertainment market from the side.
With these words, the core message of the summit was finally delivered.
In the future, China's economy and entertainment market will gradually ascend to the shining stage!
And who will become the strongest, Old Demon Lin or Xiao Zheng
Everyone is waiting to see.
Everyone is gearing up and ready to make a move. Want to get a share of this market that is bound to shine!