Chapter 540: Turning Point
Able to stand and talk, who wants to bow their heads and beg for mercy?
In the mind of the No. 1 chief, as the military has begun the process of comprehensive upgrading, the military strength is now changing with each passing day, rising rapidly, and has begun to have a lot of self-confidence, and even began to show a tough attitude towards the economy.
Therefore, in the midst of this controversy, everyone clearly felt that No. 1 was not interested in compromise, especially the compromise plan that we proposed to make concessions, and this was simply a slap in the face, and we had done a lot of this kind of thing in the past, and today, the No. 1 leader feels that he can't do it anymore.
Because it will expose our weakness and make more concessions in exchange for concessions. We have learned so much in this area that it is difficult to describe how many books can be written.
With such a theme, in the end, everyone finally reached a consensus from the quarrel: the Ministry of Commerce and Trade and the diplomatic side tried to communicate and strive to see if they could achieve some results, but if it is necessary to lift the domestic trade countermeasures against the EU, we must talk about the blockade of nuclear power together, and everyone will lift the ban together. It is precisely because of this unjustified ban that we are in the current situation, and we cannot compromise on this aspect.
If we can't achieve this goal, we do not hesitate to further escalate the trade war, consider the EU is now very advantageous mechanical and electrical products into the scope of retaliation, now with Shenda machine tools continue to output leading machine tool products, as well as Duche heavy industry's high-performance steel alloy materials and independent software system platform, we have made great progress in this regard, domestic similar mechanical and electrical manufacturers have seen the opportunity, the first to cooperate with Duche heavy industry in-depth research and development, the introduction of Duche heavy industry processing equipment and embedded systems.
Originally had to import high-precision mechanical and electrical products in this context has been continuously developed, the domestic demand for high-end mechanical and electrical products import has been greatly weakened, almost all mainstream mechanical and electrical products we can produce domestically, so the restriction of this aspect of the import, for the domestic mechanical and electrical industry is undoubtedly a big positive.
The tone of the meeting completely changed the tone of the trade negotiation delegation, which had been with a compromise mission, and it was more like a tour group with an ultimatum, which disappointed and angered the EU delegates who were originally looking forward to it.
In this case, a further escalation of the trade war between China and the EU is inevitable.
Now, it's time to test who has the ability to endure more.
Under the promotion of a number of Standing Committee members, China began to promote the process of industrial upgrading with difficulty, and textile enterprises with low-end primary processing and raw material properties will start a round of mergers, conversion or closure waves in the cold winter of the industry, and complete the forced upgrading process of the textile industry with the help of the market, and will provide appropriate financial support to the survivors until they survive this difficult time.
In order to alleviate the pain of unemployment of a large number of workers, the state finance department has arranged and supported the proper resettlement of bankrupt workers with special funds, and issued corresponding wage subsidies to bankrupt workers to support the transformation of workers into labor force in other industries.
In order to create more jobs, the government has started a new round of plans to expand domestic demand, this round of expansion of domestic demand is not in terms of infrastructure, but directly invested in various industries, such as the automobile industry arranges funds to support the technological upgrading of major independent brands, and provides appropriate financial preferential loans for new models and new production lines for export to encourage automobile exports; Except for a small number of megacities, the consumption of domestic automobiles in second- and third-tier cities will be controlled and restricted, and domestic demand will be expanded.
The investment in military spending has been further increased to support the comprehensive upgrading and transformation of the military's main battle equipment.
Promote the processing level of domestic mechanical and electrical processing enterprises, subsidize manufacturers who adopt Shenda's new intelligent CNC high-precision machining machine tools, and comprehensively improve the quality of domestic mechanical and electrical products.
Nuclear power construction will be further accelerated, the development of thermal power and hydropower with great environmental impact will be restricted, and the clean and safe Lotus reactor nuclear power plant will be gradually replaced, and the thermal power projects that do not meet the emission standards will begin to be phased out in the future.
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The introduction of a series of stimulus and support policies, coupled with the import of mechanical and electrical products that continue to expand the trade counterattack against the EU, has shown the world China's determination and confidence in this trade war, because China has seen the consequences of losing both sides and is now actively healing.
Unlike the EU market, China itself has a large domestic demand market, and a single government is stronger than the EU in terms of execution, concentration of resources, or tolerance of industrial changes for workers than the EU's loose union.
In other words, in this war, China's endurance is obviously higher than that within the EU, and the large-scale relocation of millions of industrial workers in China can be completed in the throes, and in the EU, it is unimaginable that millions of workers will be unemployed, because this is an alliance composed of dozens of countries, who is willing to bear this pain? Who can withstand this pain?
So, soon, the Germans, who had suffered the most in this battle, could not sit still. Whether it is the automotive industry or mechanical and electrical products, it is the strength of the Germans, so the Chinese trade measures hurt the German industry the most, and they are paying for the French nuclear power industry.
If we said that we had previously supported a counterattack on China's textile and toy industries, the Germans still had a fluke mentality in their hearts, believing that China would not be able to withstand the pressure and give in, and then open the whole deadlock. Then, with the introduction of further countermeasures by China, coupled with the so-called industrial upgrading and expansion of domestic demand plans, it shows that the Chinese will not have the slightest intention of compromising in this battle, but will become more and more powerful and tough.
If we continue to fight, Germany will become the largest victim of the EU in the EU, and Germany's largest exports to China are automobiles and machinery, accounting for more than 60 percent of Germany's total exports to China, and since 2015, China has become Germany's largest export market, and Germany's dependence on the Chinese market has become greater and greater.
Therefore, the Germans are not ready to play this game of sanctions and countermeasures. They began to act before the situation deteriorated further, lobbied within the EU with their own strength, and began to seek a proactive solution to the trade dispute with China.
Now is not the time when face matters, millions of Germans may lose their jobs in this trade war, and what is even more terrifying is that German products have managed to occupy a dominant position in the Chinese market, and may also be wiped out with this trade war.
This is not just an immediate urgency, but a major event related to the next few years or more than ten years.
In the midst of a huge crisis, a turning point began to appear.