As early as a year before the Plaza Accord was signed, Neon gradually achieved financial liberalization under the impetus of the United States and the local chaebols.

The fields of stock market, banking, securities, and foreign exchange have basically achieved comprehensive integration with international standards.

Shirakawa Kaede also took advantage of this when he made quick money in the Plaza Agreement, so that he could disperse the huge amount of money to foreign accounts.

Now the neon government has bought dollars and thrown out the yen, but the yen that has been thrown out has gone around Wall Street and returned to neon itself.

Because of the complete liberalization of finance, overseas investors digested the yen and invested it in the neon stock market.

As we all know, the big bull market in neon has lasted for nearly two years, and the first investment object of overseas capital to neon is the stock market.

So the neon government went to great lengths and spent nearly two trillion yen to cool down the yen.

As a result, the dollar that this money was exchanged for has been depreciating, and the yen that went out has come full circle and come back.

And the money returned was not invested in the real industry, but further pushed Neon's stock market to a higher peak.

Then there are more and more people who blindly speculate in stocks, and more and more people are engaged in the financial industry.

Since the method of buying dollars and selling yen does not work, the neon government can only think of another way.

The Ministry of International Trade and Industry (MITI) once again conducted a nationwide survey of industry and commerce, and found that the temporary impact on export trade was manageable, and the gap was not very large.

Since the lost export transactions are limited, find a way to make up for this loss in Neon China.

How to make up for it? Boost domestic demand.

As long as Neon's local market is strong, it may not be able to fill the gap in the previous export trade.

So the neon government began to take a two-pronged approach, trying its best to get the people to spend more.

First, the Ministry of Labour and Labour announced the launch of the "National Income Doubling Plan" in '86, which aims to significantly increase the income level of the working population.

Everyone's salary has doubled, and they have money in their hands, so they are naturally willing to spend.

For this reason, the Ministry of Labor and Labor has also issued relevant orders to domestic companies, and the benefits of employees need to be increased in a planned way in the coming year.

This is the same operation as the Celestial Empire in the future world to make various adjustments to the minimum wage every year.

It's just that the Ministry of Labor has taken a relatively big step, and the welfare benefits have been improved very significantly.

In addition, the government will also give people a variety of subsidies to increase everyone's income invisibly.

Second, starting in January, the Bank of Japan began to cut lending rates. It dropped from 5% to 4.5%.

The purpose of lowering interest rates is to stimulate domestic demand.

If the interest rate on the loan decreases, more people are willing to borrow from the bank.

In addition to this, government agencies have also bought a large number of various bonds in the market in an effort to spend their money.

Because there were too many dollars bought before, and there were too many foreign exchange reserves.

It's always in your hands, and it's constantly depreciating, so investing abroad is the best way to go.

Because of this series of stimulus policies, people do have more money in their hands.

However, if there is too much yen, it will cause inflation. The little ones are not stupid, since the money will become worthless, then spend it quickly.

There are also different ways to spend money, consumption is only the choice of some people, and more people invest their money in the stock market.

At this time, most people's consumption outlook is still relatively conservative, and they can spend a little when they have money in their hands, but they will not overdraft their consumption.

However, because of the interest rate problem, there is no interest on the money deposited in the bank, so simply invest it in the stock market.

The big bull market is like a guiding light, attracting people with bulging wallets to speculate in stocks and foreign exchange.

And because the stock market and the foreign exchange market have all gone up, the people who have invested money in have found that they have really made money.

So they tasted the sweetness and continued to invest the money they earned in the stock market, and the rest was used for consumption.

This way of making quick money greatly stimulates them, which is much easier than going to work to earn money.

And those who have no money have also begun to borrow money from banks to speculate in stocks and foreign exchange.

In particular, in April, the Bank of Japan cut interest rates again. After the interest rate of 4.5% was lowered to 4%, the number of enterprises and individuals willing to borrow increased significantly.

However, it backfired, and only a small part of the money released by the banks was used for consumption, and most of the rest went into the stock market.

In fact, the original purpose of the neon government was to expand domestic demand, which is also part of the Plaza Agreement.

The United States asked the other four countries to cut taxes and interest rates to expand domestic demand.

What is the purpose of expanding domestic demand? Of course, it is to buy more rice products.

But just like the neon government's interest rate cuts, many expectations often backfire.

Since the Plaza Accord, the yen and the other four currencies have appreciated significantly, and the dollar has also depreciated.

However, the trade deficit of the United States has not narrowed, but has further widened.

This is related to the previous reputation of their respective products, and it is also related to the investigation conducted by the Ministry of Neon International Trade and Industry.

As I said before, the reason why neon and European products sell well in rice countries is that in addition to being cheap, quality is also one of the hard conditions.

Therefore, although the price has increased somewhat, there are still many people who are willing to buy.

In addition, according to a survey conducted by the Ministry of International Trade and Industry (MITI), as long as the yen does not fall to 1:180 or 1:170.

Then the two pillars of neon exports, automobiles and electronics, still maintain considerable competitiveness.

Although the cost and price of export products have become higher due to the appreciation of the yen, the profit margin is still there.

Therefore, in order to retain the market, neon companies have invariably reduced prices.

This is by compressing their own profit margins in exchange for the market, and the big deal is a small profit but quick turnover, but the market must not be lost.

And now the yen exchange rate is still stuck at about 1:190, and there is still some room for price reduction, so neon companies still insist on staying.

So seeing that there was no effect, the United States urged the other four countries to hurry up and hand in their homework, and the financial deficit of the United States was criticized by all walks of life in the country.

Neon, which is a dog's leg, is much more obedient than Germany. In just six months, interest rates have been cut twice in a row, cutting by a full 100 basis points.

But the effect is as I said before, there is not much domestic demand, and most of it goes into the stock market.

However, the manufacturing industry, which is the first to feel the coolness, is already making other plans.

After all, although the share of exports has been maintained, profits have fallen.

And if you want to increase profits and increase prices, it is impossible to find a way, so you can only find a way from the cost.

In the early spring of April, although the weather is still slightly cool.

But an industrial park here in Pengcheng has long been in a hot situation.

No, it can't be called an industrial park yet, it would be more appropriate to call it a construction site.

"Mr. Shirakawa, please see, from this area to the north, a total of 3.32 square kilometers, all of which are planned as Nanshan Science and Technology Park.

Before you, Li Jiapo, Mi Guo, Australia, oh yes, and your hometown Neon have all been inspected by business leaders here. ”

In the construction site wrapped in the sound of ping-pong banging, Liang Xiangzheng, the leader of the industrial park here in Pengcheng, took a group of special visitors to inspect the construction here.

A young man wearing a hard hat surrounded by everyone was looking at the dusty construction site in the distance.

The famous Nanshan Science and Technology Industrial Park, known as the Silicon Valley of China, is still a construction site to be reclaimed at the moment.

Although construction was already underway in many areas by this time, most of the area was still a wilderness.

Bare earth, overgrown weeds, and uneven ground are puddles of varying sizes.

Looking a little further, most of the buildings around are relatively old. Even the buildings are only three or four floors, and there are basically no landmark high-rise buildings.

However, compared to the old ones, there are also many new buildings rising from the ground, such as the land under their feet.

"Mr. Liang, although it is not very developed here, the people here are very spiritual."

The scene of Pengcheng at this time gave Bai Chuanfeng a great impact, but the unique spirit of the people in this era also impressed him deeply.

And after listening to Bai Chuanfeng's praise, Liang Xiang immediately patted his chest.

"Mr. Shirakawa, please rest assured, as long as Shirakawa Electric needs it. When the first workshop is completed, it will be used by Shirakawa Electric. ”

For this neon visitor whose Mandarin is more standard than him, Liang Xiang is even curious and cautious.

Not to mention that he is the leader of an industrial park, don't you see that there are special people in the province and even above to accompany him?

If it weren't for the errand of being in charge of the industrial park, I guess he wouldn't even have the right to speak.

At the same time, Liang Xiang secretly sighed in his heart, Pengcheng is already one of the most developed areas in the country.

But in the eyes of the other party, it turned out to be "not developed".

It's really not better than not knowing, and only then does I know that I am too far behind.

However, Liang Xiang is not discouraged, look at this hot scene, the future Pengcheng will definitely shine?

And after listening to Liang Xiang's promise, Shirakawa Kaede first smiled and nodded.

"The craft park is really a good place, it's close to the port and backed by the mainland.

Whether it is transportation, or labor can provide related supporting services. ”

Hearing this, not only Liang Xiang, but even the leaders of the province and above on the side of Shirakawa Feng were all happy.

Is there a door, will the industrial park usher in the first foreign-funded enterprise to settle down?

You must know that the industrial park was just planned and established last year, let alone construction at the moment, there is not even a decent infrastructure.

Everything is grass-roots creation, and as for the existing enterprises, there is nothing except a material company and a computer floppy drive research and development company.

If an internationally renowned brand such as Shirakawa Electric can settle down, it will greatly increase the popularity of the industrial park.

Not to mention that it can increase the attractiveness of subsequent investment promotion, it alone is very symbolic.

But before they could be happy for too long, Shirakawa Kaede looked at the formatted factory and shook his head again.

Is there anything dissatisfied with this Mr. Shirakawa? Liang Xiang couldn't help but be nervous, and his palms were slightly sweaty.

However, before he could ask a question, Shirakawa Kaede had already taken the lead in expressing his opinion.

"Because of the process problems involved, we built the factory of Shirakawa Electric ourselves.

Design drawings and building requirements are all in accordance with our standards, but workers and materials require your assistance.

In addition, the land also needs your approval, and Shirakawa Electric needs at least 1,000 acres of land to build the factory.

For the initial investment, our budget is 30 million dollars! ”

"Hiss~" Liang Xiang and the leaders gasped.

This son is terrifying~!

(End of chapter)