The economic crisis that swept Southeast Asia in '97 also had a certain impact on the Lion City, but unlike other Southeast Asian countries, the Lion City's economy has traditionally been dominated by commerce, including entrepot trade, processing and export, shipping, etc., and is the largest seaport in Southeast Asia. An important commercial city and entrepot trade center, it is also an international financial center and an important aviation center, but it is particularly valuable for its high-tech industry, even after the high development of the service industry, it still maintains investment in industrial enterprises, such as the Suzhou Industrial Park, which is a huge scale in China at this time. Accelerate the development of new industrial industries with high technology content, capital intensive, and high value-added, mainly including manufacturing and construction. Manufacturing products mainly include electronic products, chemicals and chemical products, machinery and equipment, transportation equipment, petroleum products, oil refining and other sectors. It is the third largest oil refining center in the world

After independence, the Lion City has attracted remarkable economic development and is known as one of the Four Asian Tigers. Tourism is one of the pillar industries of Singapore's economy (three pillar industries: international trade, processing industry, and tourism). The government adheres to a free economy, vigorously attracts foreign investment, and develops a diversified economy. Since the early 80s, it has invested heavily in infrastructure construction and strives to attract foreign investment with the most favorable business environment. With the manufacturing and service industries as the twin engines of economic growth, the industrial structure has been continuously improved, and in the 90s, special attention was paid to the information industry, and the "Lion City Integrated Network" has been invested in the construction of the whole island. In order to further promote economic growth, we will vigorously promote the "regional economic development strategy", accelerate overseas investment, and actively carry out economic activities abroad. The economy is dominated by five major sectors: commerce, manufacturing, construction, finance, and transportation, and communications. Agriculture accounts for less than 1 per cent of the national economy, mainly poultry farming and aquaculture. All grain is imported, and only 5% of vegetables are produced by themselves, and most of them are imported from neighboring countries. The service industry is the leading industry for economic growth. Including retail and wholesale trade, hotel tourism, transportation and telecommunications, financial services, business services, etc. Tourism is one of the main sources of foreign exchange earnings.

It was the Lion City's perseverance in its development, rather than simply processing trade, that in the early 2000s, the economy began to recover first.

This is also the reason why Li Xiaoshan is so confident, he has a strong backing!

Zhao Hong also smiled and said, "Brother Li takes such care, I will definitely visit the Lion City." It's just that there are a lot of things in my company recently, and after it is straightened out, I must go. When the time comes, I will ask Brother Li to take care of me!"

After greeting for a while, the two came to meet and went their separate ways, after all, the meal was tasteless. And only Zhao Hong was left, he also returned to Guo Yi's side, not bad, Wang Limin's family was still waiting for him.

"Brother Wang, are you betraying me too quickly today, right?"

Zhao Hong couldn't help but tease.

Wang Limin was not ashamed at all and said, "Do you think those second-generation people are easy to deal with? You need a bunch of reasons to help you, but it is a matter of minutes to pit you! According to the popular saying nowadays, it is okay to say that you can't do it, and it is okay to say that you can't do it! I can't afford to provoke it!"

Guo Yi also echoed, "It's true! Even if our group company is in China, the smaller the place, the more trouble, sometimes not only the jackal is terrible, but also the mosquitoes and flies are also very troublesome." Not to mention the village chief, even the aunt of the neighborhood committee can't afford to mess with us!"

Dr. Li smiled and said, "Auntie, that's called the director! It is practical to not be a leader, even the cleaning staff dare not offend, Lao Wang's friend has a restaurant opened, and people clean at the door every day when there are the most guests, and the dust is flying, and people still say in a loud voice, this is her job! You are in a hurry, and there is no good way to do it." In the end, it was actually a few dozen dollars of happy money. But I didn't know it at the time!"

Zhao Hong actually opened a store at this time in his last life, what a troublesome thing it was, and he also had personal experience, especially if he rented a house alone, maybe it would be better in the market! After all, he knew that his pension was not necessarily available, and even if he did, it would definitely be relatively low! Because the implementation of pension insurance policies and regulations in that era was very arbitrary, most of the recruitment companies did not pay, and the insurance was not yet connected to the whole country, so it had to be tightly tied to the place where the household registration was located, but how could that be? Could it be that the people who worked in Jinghaishen were all locals?

This is also the reason why Zhao Hong left without hesitation in this life, so far some of the rules in the country are still a little chaotic, just like the M country more than a hundred years ago and the three kingdoms of A in a certain era, some of the order and rules of society are still being formed. According to the convention, this is to cross the river by feeling the stones, and revise as you go. But for some groups of vested interests, what they are most afraid of is not the harshness of the rules, they are even more afraid of the constant change of the rules, no matter how harsh the rules are, as long as they work hard, they can still adapt to it, if the rules are constantly modified, no matter what, no one can adapt!

The two families had a pleasant and simple meal together, chatting while eating. The women talked about their families and children, and Zhao Hong and Wang Limin talked about the careers they once shared and their hopes for the future. After all, Wang Limin is only a little over 40 years old, not only to earn more money, but in fact, people still have to have a job or career to live a more energetic life.

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The day after the dinner with Wang Limin, Zhao Hong and his wife were ready to leave, and the day after sending off Guo Yi's parents and one-year-old daughter and Jack, the congress of the domestic branch of Zhao Song Group was held.

In 1999-2000, the domestic branch also made great progress, but it also faced many problems! In particular, there were more and more problems in the management structure.

Taking advantage of the fact that many Sun companies are still just beginning, this time they have re-made a combination and divided into several types to form a new group company, which is directly under the management of the headquarters of Zhao Song Group.

First of all, stationery and wedding companies, as well as domestic advertising companies, etc., form a Zhao Song Group Cultural Service Group, specializing in the expansion of the service industry. In the future, there will be film and television and other aspects that can be involved.

The second is the entity production enterprises participating in the country this time, and this time it will also form a fully responsible group company, the name of this newly established group is Zhao Song Manufacturing Group, which is jointly responsible for Zhao Hong's brother and sister-in-law. Zhao Hong is also looking forward to their performance, after all, this is his family, and he is also a family with good ability and strength, his brother is good at production management, and his sister-in-law can be fully responsible, which is also their original position in their last life.

In the end, the person in charge and the chief financial officer of the domestic investment company are still Hu Lijin, who is mainly responsible for the preliminary screening and specific implementation of the investment project, and Guo Yi is still responsible for the final review of the project. There is also financial supervision of various domestic group companies.

The trading companies and convenience stores in China, Port City, Australia and the Americas are combined to form a trading group company, which is operated by Chen Xiaomei in Port City......

With the overall rapid development of Zhao Song Group, although most of the strength is based on equity investment, and does not pursue controlling investment, the scale is still getting bigger and bigger, and the overall strength of the enterprise has steadily exceeded 10 billion dollars, and most of them are cash flow. At the beginning of the stock market crash, it was like a wolf, ready to attack.

In the first quarter of 2000, many Internet companies suffered large losses, and investors' confidence was suppressed, and they began to reflect on Internet companies and their own investment in the Internet. When the fact that Internet companies continue to lose money once they form a strong bearish expectation, and the outrageous stock price stops rising and falling, there will immediately be a downward feedback oscillation, resulting in a "crash" of the stock market.

The Nasdaq saw a big drop in March of this year, and it did not pull back until May 2000, but it will encounter 9 in the near future. The 11 incident has made people very worried about the prospects of the economy of country M, and the stock market, which was originally in the midst of a storm, has fallen even more in response, and it is far from the time to stop falling and stabilize! Although the funds for buying the bottom have also begun to flow in, they are still very few, and they are still a small number of stocks. Most of them are still falling.

As the darkness comes to an end and the light comes to light, opportunities are slowly brewing. It's just that it's going to take time.

Zhao Hong also had a phone call with Xiao Jin, who was far away in the capital, on the one hand, to congratulate him on the return of the beauty, and on the other hand, to ask for advice on the judgment of the international situation.

Xiao Jin also talked about some of his views, the current world economy still needs to be affected by the bursting of the bubble of high-tech stocks in country M, but the economic crisis in Southeast Asia as a whole is another transfer of physical production, for the domestic opportunities far outweigh the risks, because the competitiveness of the domestic high-quality labor force is very large, whether it is from the quantity or quality, and the price is also very advantageous, so after the so-called "four tigers" in Southeast Asia are silent, it must be the rise of the country! Moreover, it is a comprehensive rise, which is not only the large domestic economy, but also the relatively comprehensive and excellent scientific and technological strength in the country, so the country will not follow their old path. So the world's most dynamic economy in the next decade must be at home!

Zhao Hong was also scared for a while when he heard it, of course he was a reborn person, of course he knew that the country was about to usher in a rapid development, and it was also a comprehensive development, not only in terms of volume to become the second largest economic country after country M, but also in terms of scientific and technological strength to achieve many unimagined developments. But there are still many people who have actually seen this situation!

There are smart people everywhere, especially in excellent groups, and the advantage of rebirth is gradually starting to shrink.