Chapter 46 Chapter 6 China, 2020

The basic principles of success sometimes do not depend entirely on strong capital or strong technical advantages.Any enterprise, industry or even a country can achieve a miraculous leap. The only condition is an understanding of the laws of how things work, and this is not a difficult task. In fact, when you read this part of the book, it means that you have got the essence of the book. No matter what kind of reading process you have experienced, such an experience is always beneficial, especially when you have some insights, this experience is even more precious. You must have noticed that in our analysis, whether it is the ten promising industries or the ten groups with poor prospects, they are all destined to have an unusual time in the next ten years.

What we must know is that success is often simple, but it is not easy to achieve it. It is often easy to talk about it on paper, but it is difficult to do it hard. In fact, there is no obvious standard for the industry distinction we made above, and in actual economic activities, there is no difference between good and bad industries.For example, the legendary profit maker in the stock market in the late 1990s was essentially nothing more than a savings account with a 15% annual return. We must remember that things that look too good, They are often unreliable, just like China's real estate industry.

The growth of an enterprise, an industry, or even a country does not require a lot of hard work, time, and wealth. Anyone who hopes to get an excess return with very little effort is as unrealistic as hoping to win a swimming championship for the first time. . This is a reality that frustrates us, but there are also fundamental principles of success that excite us, sometimes not entirely dependent on strong capital, nor strong technical advantages.Any enterprise, industry or even a country can achieve a miraculous leap. The only condition is an understanding of the laws of how things work, and this is not a difficult task.

Based on this, we have made a detailed analysis of the changes that have taken place in China in the past 10 years. Now our situation is that we know where we came from, but we don't know where we are going. Next, we will start the final exploration, and show us the most anticipated prosperity in China in the next 10 years.