Chapter 46: The Nature of Wealth

The inspection of dozens of places in more than ten days is also quite hard for Gu Mu.

Although the area of these dozen or so countries is not large, they are not as large as Huaxia together.

However, the infrastructure construction in these places is generally very backward, and it is very hard to ride by car, bumpy all the way.

Gu Mu had no doubt that if Wang Yongyuan wanted to come to inspect these places in person, he would be able to drop him to the western sky along the way.

This inspection gave Gu Mu a deep understanding of Wang Yongyuan's wealth.

At the beginning, his understanding of Wang Yongyuan's wealth was just a long series of numbers.

Later, you will be able to understand how many banknotes are in that string of numbers and how much space they can occupy.

But that's not specific enough.

After this inspection, there is a real and specific understanding.

These wealth are hundreds of thousands of workers, billions of dollars worth of production machines, immeasurable mineral resources, and more than a billion dollars a year of sales revenue.

This is the essence of wealth.

It's not the price fluctuations on the stock market, the numbers in the banks, and the sheets of paper.

It's a real substance.

With such wealth, you don't have to worry about the fluctuations of the stock market and the depreciation of the currency.

Because it is a real existence, it is closely related to the development of this society, and it is indispensable.

As long as this society is still moving forward, these materials will not depreciate, but will only become more and more valuable.

The joy of owning this wealth is not comparable to the fact that you just have a bank account with a series of moving numbers.

Although the physical industry is a backward industry in the eyes of many people, it is far less tall than those high-tech industries, but it has its own unique charm.

Su Qi followed and went around, and she was tired enough.

But Wang Yongyuan's wealth also affected her greatly.

Although many manufacturing industries are cheap and backward industries, they are even eliminated in China, and the products produced are also very cheap, even cheaper than similar products in China.

However, because labor is very cheap, it has great competitiveness in the local area. In some places, in some areas, it can even be regarded as monopolistic.

- because there is no competition with them in that area.

Therefore, the market share of these products is very high.

If Huaxia's silk plan can be steadily implemented, and if the strategy of developing greater Africa can be implemented, it is conceivable that these more than a dozen countries will enter a high-speed development channel in the future.

Wang Yongyuan, who has now seized this market, will also enter a fast lane in the future.

This old man's investment strategy is conservative, but it is also very stable.

His early layout has given him a lot of initiative, which can ensure that his own industry can rise with the rise of this continent.

What she sees in her eyes is not the industries that will be eliminated in the process of Africa's development, but the reputation of Wang Yongyuan's business empire in this region, and the large tract of land he bought.

Every factory will have a large piece of land, and many factories are built with bungalows, including staff dormitories, which seems to be a waste of land from the perspective of a Chinese person.

However, if we look back a few decades, as long as these countries develop normally in the coming period, these lands will have a great appreciation in value.

Now the land in these places is very cheap, so Wang Yongyuan buys land in a large area and buys land to build factories, and most of them rely on cities, or places with the potential to develop into cities.

Industry already occupies a lot of land, not to mention the fact that he has also purchased large tracts of land to grow food.

In another ten or twenty years, after the development of these places, these industries invested by Wang Yongyuan will definitely be eliminated, but his land will appreciate greatly.

Because he had stored a large amount of land, according to the experience of China's development, the appreciation of land brought more wealth than the wealth brought by his industries.

And even if his industry is facing elimination, it is much easier for him to upgrade his industry than those who come after him, after all, he has been deeply involved in these industries for those years, and some of them are even pioneers in this area.

Others want to break into this market, and he just needs to upgrade the industry.

Even if he takes 10,000 steps back, there is no way for these places to develop, and there is no way for the land he has stored to appreciate.

But in this way, his backward industries will not be eliminated, and he can still make money by using cheap labor here.

Hundreds of thousands of workers only have more than a billion dollars in sales revenue a year, and if this is in a developed country, it will have to pay the boss to death.

Even in China, and even in some countries in Africa that have developed better, such efficiency is a loss.

But in this place, there is still a lot of profit.

Because the expenditure on wages is not large, and there is no need to buy social security or anything, hundreds of thousands of workers spend only two or three billion dollars a year.

The average monthly wage for these workers is less than $100, which makes them inefficient and inexpensive.

Su Qi had never thought that there would be so much benefit in such a poor place.

Being able to create such a large output value in such a poor place with such a backward production method, Su Qi also has to admire Wang Yongyuan's business vision.

In the exchange with Chi Yanyan, she also noticed that Wang Yongyuan's huge business empire belongs to traditional industries, and none of them are high-tech.

Not even to make electronic products, let alone the more advanced IT industry and blockchain.

Wang Yongyuan employs the most laborers, not in industry, but in agriculture.

In each of the dozen or so countries, he hired a lot of people to help him grow food.

The land he bought in these places to grow food.

He also hired hundreds of domestic agricultural technicians to help the locals grow food.

Wang Yongyuan did not make any money in growing grain, and even lost money.

Because the food grown was donated in the name of the Rende Charity Foundation, except for those who were hired by him.

However, he introduced more advanced planting technology in China, which played a great role in promoting the development of local agriculture.

- There are many people in the area who don't know how to farm, and there is a lot of land where food can be grown, but it is deserted.

Even if it is the grain that is grown, it does not know how to manage it, and the grain production is very low.

Where there is Wang Yongyuan's farm, there will be a great increase in grain production in a large area.

- After all, there is a role model there.

This is also his contribution to the locals.

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