At about 8 o'clock on Friday morning, the campus of Fudan University's Handan campus was a little deserted, and a few birdsongs became even quieter. Winter vacation is about to begin.

Last night was a night of disturbance, but for Idaka, it was just a normal thing. In essence, Song Yan and his status have long been unequal. Even Song Yan's father, Song Heng, is in front of him, purely in terms of assets, he is still a little bit of weight.

Of course, it's nice to be able to "solve" a small silver coin hiding in the shadows ready to sneak up on him.

Jing Gao came to Fudan University again the next day. This time, I was not looking for Wang Hanjun, but visiting Professor Wei from the School of Economics.

Professor Wei's graduate student Luo Zhongjun has graduated and entered the Xia Shang textile work. It is mainly to provide development strategy research for Xia Shang Textile.

With China's industrial upgrading, the appreciation of the RMB, and the independent transfer of low-end industries to Southeast Asia, where will China's textile industry go, which is a big issue in itself.

"Koi, sit. Professor Wei smiled and let Jing Gao into the chair in his office. An ordinary-looking female graduate student arrives with two cups of tea.

After chatting a few words, Professor Wei talked about his latest research results, "I went to Beijing some time ago to hold an academic conference. I chatted with Professor Zhai of the National People's University and was quite inspired. He did research in political economy. He has a point of view that China should control industrial transfer in an orderly manner. ”

Idaka took out a notebook and pen directly from his pocket and listened attentively. A good memory is better than a bad pen. He had studied at two universities and had little access to top-notch professors in various industries. During this time, he had more contact and had an understanding.

This kind of top-level professor, when talking to you, may often be in one sentence, a small logical structure, is the refinement of his years of research results and thoughts. At the time, I thought it made sense, but if I didn't review it afterwards, I might forget it that day.

And how hard does it take to read the professional works of these professors? How can there be conciseness, relaxation, and clarity in face-to-face communication?

When writing a book, I usually have to write a clear body of knowledge! How do I go about researching this topic, one, two, three, four...! Flat ground from tall buildings. This is the difference between a professor and a civil science! A few arguments and a few nouns can be directly explained and a conclusion will be drawn.

What is your research method? What economic theory, or what mathematical method, or what sociological law do you use to derive your conclusions from data? How can the conclusion be justified if this logical thing is wrong?

Of course, many "masters" don't even bother to show you the data. It's a mouth, a keyboard.

Furthermore, have you examined your arguments? Isn't it based on the newspapers of a certain year and month or the data that spread rumors?

A certain person said: Don't be superstitious about professors. We must think independently and look at problems rationally, neutrally and objectively. Oh, I'm sorry, I wrote the wrong place name, the name of the person. I'll correct it and let's move on to it...

...

Professor Wei was very satisfied. Nonsense, a boss with a net worth of more than 100 billion yuan came to visit and listened carefully like a student, and any teacher who stood on a three-foot podium would feel satisfied. Xu Xu said: "

Professor Zhai's core view is that with the appreciation of the renminbi, some of China's low-end industries will inevitably outflow. For example: motorcycle manufacturing, garment factories that make clothes, socks, and shoes. And these manufacturing industries will not flow to these areas because the labor force in the northwest and the mainland is cheaper. Because, the whole of China is a circulating market. Local young people are reluctant to earn hard-earned money on local assembly lines to factories.

The transfer of these low-end manufacturing industries can refer to the manufacturing transfer of the United States in that year. The location of its transfer is not random, and the first choice is the area where it has garrisons or can control and influence. For example, benzene. After World War II, Asia's economy took off, and whether or not our feelings were accepted, in the beginning, Japanese benzene was the leader.

What are the four tigers? South Korea, Singapore, Hong Kong Island, and Wanwan. And then there are the four little tigers. Our mainland region is the lowest part of the entire global industrial chain. However, we have managed to become the economic engine of Asia and the world 30 years later. Now it's our turn to think about where low-end manufacturing is going. ”

Idaka listened thoughtfully. He roughly understood the reason why Professor Wei gave him this view.

The downstream of the textile industry is the low-end manufacturing industry, which needs to be transferred. So, those low-profit businesses operated by Xia Shang Textile should be transferred out? Where to turn?

Moreover, he recently applied for Phoenix Pay to conduct business in Rongcheng and decided to invest in the construction of a Coolpad mobile phone production plant in Rongcheng. According to his idea, he was going to do a big job. Isn't this contrary to Professor Zhai's point of view?

Jing Gao said suspiciously: "Professor Wei, I don't understand this a little. The manufacturing industry will not move to the mainland and southwest because of cheap manpower. Where do the young people go if they can't find a job and don't work in the factory?"

Professor Wei smiled slightly, took a sip of tea, and said, "To understand this point of view, we must understand two premises. First, the so-called low-end manufacturing industry has low added value. It's just that the profit is low. Second, with China's industrial upgrading, the renminbi will become stronger and stronger, and appreciation is a general trend. Is that understandable?"

Itaka nodded. He understands both of these points.

Manufacturing is notoriously unprofitable. For example, in the field of foundries, which can absorb a large number of jobs, he has read internal documents, and Foxconn's profit margin is about 5%. Of course, there are some high-end manufacturing industries that are very profitable.

The general trend of the renminbi is appreciation, and he agrees with this. Whether the renminbi appreciates or depreciates depends entirely on whether you believe in the "China collapse theory" or not. If you don't believe it and think that China is rising and reviving, then it must be appreciating.

Professor Wei continued: "If we understand these two points, it is easier to understand Professor Zhai's views. You have to look at it from a different perspective, from the perspective of capital, operations, and profits.

From the cognitive point of view you just now, there is a large amount of cheap labor in the southwest and the mainland, so low-end manufacturing can also be transferred to these places, and the internal logic is that the element of manpower is cheap. But have you considered the shipping costs yet?

Why did the domestic manufacturing industry first appear in the coastal areas? At that time, it was called processing trade with supplied materials. Why? Because sea freight is cheap. If the factory is located in a remote coastal area, the transportation cost of raw materials and the cost of time are enough to wipe out the profit of the price of labor factors saved.

Second, no matter how cheap the labor price is in the mainland and southwest China, in the context of the appreciation of the renminbi, do you think it will be cheaper than the human capital of Bangladesh, Vietnam, and other countries? No, no. Therefore, the current phenomenon is that the low-end manufacturing industry along the coast will flow to Southeast Asia, rather than to the mainland. Some local young people can't find good jobs. ”

Idaka understood. Combined with his own situation. First, some of the less profitable areas under the Xia Shang Textile Group need to be prepared to be transferred. The key is that Xia Shang Textile itself operates some businesses that are not very profitable.

In other words, the industrial upgrading of Xia Shang Textile should be accelerated. Otherwise, Xia Shang Textile will not be competitive and will die. Not to mention what has developed into a 100 billion-level textile leading enterprise.

Second, the manufacturing plant of Coolpad mobile phones in Chengdu should control the scale and try to meet the product demand in the southwest region. If he fancies the scientific and technological resources of Rongcheng and Shancheng, it is best to build a research and development base. and not a manufacturing base. If you want to engage in manufacturing in Chengdu, you must engage in high-profit fields.

Today's visit to Professor Wei was very rewarding.

...

...

Professor Wei smiled slightly, looked at his watch, and said, "It's still early, I'll take you to Professor Shen of the National Customs College to recognize the door." Let's go. ”