After the financial crisis in 1997 and the restructuring of domestic state-owned enterprises, it was reborn from the ashes, and China's economy finally returned to the fast lane of double-digit GDP growth rate. The most obvious performance is that China's GDP began to leap into the old capitalist power in international rankings.

After the reform and opening up in the 1980s, my country introduced the internationally accepted concept of GDP. Since the exchange rate of RMB against the US dollar was artificially stipulated at that time, this inflated currency value briefly made China's GDP ranking ahead of Canada. But just like the Soviet economy had long ranked third in the world, it could not stand serious consideration. In fact, the Soviet Union finally collapsed in the late 1980s due to its economic downturn, and China's actual ranking was at most among the top 20, and it was a pair of brothers with India.

After unremitting efforts in the 10th year, the domestic market squeezed out the data bubble that was wanted in the economy. In 1990, GDP became the tenth largest economic power in the world without adulteration. There was no objection to the international community. At this time, the domestic market deliberately adopted a controversial business-oriented policy to guide the RMB to depreciate significantly to a level of 1 to 9, causing an international economic miracle of long-term double surplus between current account and capital account. The sharp increase in domestic foreign exchange reserves has a lot to do with this. China's GDP also ran wildly under the influence of foreign trade and investment, and the economy has doubled continuously, which shocked the world and broke many world records in economic history.

Therefore, although the domestic economy entered a period of adjustment in 1998 and 1999, and the GDP growth did not exceed 8%, after entering the new century, China still became a member of the world's "trillion-national club". The economic ranking also surpassed Italy as the sixth place. Since World War II, no such large economy has been able to catch up with its opponents at such a fast speed. At this time, the international economic community has been speculating about when China will return to its position as the world's largest economy in history to dominate the glory of hundreds of years. The top-ranked countries such as the United States and Japan also do not help but pay attention to the possibility that China may surpass them in a generation.

Of course, some people who are optimistic about China, and naturally some voices of China are criticized. (Let’s read the novel.) People like Atsuka Atsushi of the United States, Shintaro Ishihara, who cursed China’s collapse all the time. Even Fitch, one of the world’s three major rating agencies, frequently issued early warnings to China’s financial system at the turn of the century, believing that the four state-owned banks will go bankrupt sooner or later.

After a long time in 2000, people with eyes found that predicting China's sudden collapse was as unreliable as the end of the world in 1999. Now the two major countries, the United States and Russia, are in trouble. Compared with this, China is a blessed land for investment, and the end of the year. After concluding that China's economic growth this year will definitely exceed 10%, more large foreign companies have set their sights on China. Even if they cannot enter the Chinese market for the time being, it is a good choice to do business with companies with a large number of businesses in China.

In this atmosphere of pursuing China, Chinese concept stocks have naturally become the object of interest to many foreign investors. As a listed company in more than 20 countries around the world, with performance spread across five continents and four oceans, headquartered in Hong Kong, China Star Group, which has made its fortune, has undoubtedly become the biggest beneficiary of this wave of "optimism about China". The stock prices of its subsidiaries have steadily risen, which has brought the group's control of cash flow to an astonishing US$50 billion! The distribution plan announced at the year-end conference made the dividends and share allocations received by each employee a bit unexpected. The rumored Xingfu Investment's year-end gift package is the most amazing, and even the reception lady at the front desk has a million bonus, so the participants are all smiling...

The company has good performance and will naturally recruit more outstanding talents. Now there are 200,000 registered employees in the entire group. In addition, a large number of temporary workers in major manufacturing centers have taken another step towards the goal of hiring millions of employees. After ten years of development, Zhongxing Group has the strength to challenge the world's top companies in many fields. This achievement is really unbelievable.

Almost all of this is attributed to Yang Xing, the boss who started his business after graduating from high school after 30 years old. Therefore, although Jack Welch, the current group president, is the halo of the world's number one CEO, in the minds of the vast majority of employees, Yang Xing is the soul of Zhongxing Group. Especially before the 2004 year-end summary meeting, Yang Xing also brought middle and senior management from all over the world to attend the unveiling ceremony of the world's tallest building, the world's tallest building, which has just been completed. Zhongxing headquarters and its group headquarters can finally be reunited under this core building called Sky Star City, looking up at the towering building that pierces the sky. A sense of pride arises naturally, and the group's cohesion has reached an unprecedented height.

When planning the Sky Star City, it was not limited to the super-high skyscrapers surrounded by eleven avant-garde buildings in front of you. But what outside visitors can undoubtedly remember at a glance is the tallest building in the world. Now the square and lakeside park below Zhaixing Tower are open to the public, and a steady stream of tourists have taken the building as a must-visit Hong Kong attractions, which has become a new landmark in Hong Kong.

Of course, Hong Kong Sky Star City also has to assume the responsibility of the group's industrial center. In a sense, the large area in the renovation of Kwun Tong old city is part of the Sky Star City. Now it also needs to extend to the New Territories of Hong Kong and along the Lantau Airport Road to Hong Kong, which is known as the largest single high-tech technology real estate development project in Hong Kong's history.

The plots along the airport highway and New Territories will be compared with the Silicon Valley model in the United States, and will adopt plans to attract many well-known universities and research institutions in Hong Kong and promote the industrialization of research projects. The Hong Kong SAR government calls it the "Silicon Road" plan, which will be tilted in the area in terms of low-density residential buildings, taxation and financial policies. Now, in addition to Zhongxing's companies, there are Singapore charter, and multinational companies such as ibm, Qualcomm, Cisco, Japan's Hitachi, Komatsu and other multinational companies are interested in investing and establishing projects.

In particular, the "Traditional Medicine Port" plan, which once made Bao Haisheng devote a lot of effort, has also come back to the death. International biopharmaceutical giants Pfizer and Messagek are under intense negotiations, which makes him very pleased. So although some people in Hong Kong are jealous of the oil and water in such a large area of ​​land for Sky Star City development, he still disagrees with the public and allows Zhongxing Group to eat this big cake alone.

At that time in 1998, Bao Haisheng, who had just become Chief Executive, was ambitious to take advantage of Hong Kong's advantages as a transit station for international Chinese herbal medicine import and export trade, and lead Hong Kong to become a leader in the international Chinese medicine industry. He found new excitement for the Hong Kong economy that was in a downturn at that time, and specially proposed the "Traditional Medicine Port" plan to build the Chinese herbal medicine industry ZTE.

As the oldest and most complete traditional medicine in the world, the status of traditional Chinese medicine in East Asia is incomparable to traditional medicine in any other country more than a hundred years before Western medicine was introduced. To this day, when South Korea, Japan and Southeast Asia encounter difficult and complicated diseases that Western medicine cannot cure, local people still have considerable trust in traditional Chinese medicine. Due to the turmoil in China, many traditional Chinese medicine technologies are facing the dilemma of being lost in China, and instead retain relatively complete ancient Chinese medicine theories and Chinese medicine skills in Hong Kong and Taiwan.

Since the overseas Chinese medicine market demand is not small, many countries are ready to enter. South Korea's "Korean" and Japan's "Han" medicines account for a large share, especially the Japanese have surpassed the domestic export of Chinese patent medicines. As the main Chinese medicine family, the Chinese themselves do not allow this phenomenon to exist for a long time. Hong Kong integrates the world and is the largest re-export of Chinese herbal medicines in the mainland. There are also many long-standing Chinese medicine brands, which are well-known among Southeast Asia and overseas Chinese. Therefore, after the "Traditional Medicine Port" plan was proposed, even the two real estate kings, Li Ka-shing, Chairman of the Yangtze Group and Cheng Yu-tung, the New World boss, were willing to join forces to invest $5 billion in it.

Unfortunately, political disputes in Hong Kong occurred frequently later, and the West has always had a distrust of traditional Chinese medicine theory. Traditional Chinese medicine is difficult to enter the local medical insurance market and can only be used as auxiliary therapy. The domestic Chinese medicine industry is also mixed with people, fighting each other and it is difficult to form a joint force. The "Traditional Medicine Port" plan has always been heard only by the sound of stairs and no one has come down. Yang Xing has not achieved any success in his previous life for more than ten years. It was not until he repackaged the plan that the situation was completely reversed.

Yang Xing's business partner Wang Yun's pharmaceutical company is now focusing on traditional Chinese medicine. Yunhai Pharmaceutical takes advantage of the opportunity to become a leading domestic private pharmaceutical company and successfully enter the international market through overseas acquisitions. With a certain foundation, Wang Yunqi has always been determined to carry forward Chinese traditional culture and promote the modernization of traditional Chinese medicine production. Since Hong Kong has ideas and strength, Yang Xing and Wang Yunqi have followed suit and turned the plan from paper into reality. Yunhai Pharmaceutical announced last year that it invested US$1 billion to establish a R&D center in Hong Kong, and integrated many time-honored Chinese medicine brands in Hong Kong to jointly develop overseas markets.

Yang Xing once again used his tricks to let Li Ka-shing and other rich people participate again. He said that his stall has been very large and he does not want to intervene in the pharmaceutical industry anymore. However, reviving traditional Chinese medicine and enhancing the international reputation of traditional Chinese medicine is a great thing that benefits the country and the people. He must support it and is willing to donate 2 billion US dollars in his personal name to promote this matter. With him as an example, Li Ka-shing was elected as the chairman of the Hong Kong "Traditional Medicine Port" program. Outside the "Silicon Road", an ecological traditional Chinese medicine industry center is being built in full swing.

With the joining of "Silicon Road" and "Traditional Medicine Port", the renovation of the old industrial zone in Kwun Tong can be said to be very trending. When Zhongxing Group submitted its plan to renovate Kwun Tong, it intentionally characterized Kwun Tong as a new and new industrial zone represented by precision machinery, microelectronics, biomedicine, and creative industries. Now Asia's largest wafer factory and micro motor factory, as well as the largest creative industrial park and many angel investment funds, have all settled here, attracting hundreds of internationally renowned high-tech enterprises. Now the output value of the region has surpassed the financial industry-intensive Central and has become the new economic center of Hong Kong.rv

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