60s: I have a store

Chapter 294 Plan
Li Guang smiled and said, "I dare not accept such an expensive gift!"

According to his estimation, the market for seat belts is worth at least tens of millions.

If you give one as a gift, you can find someone to make it again, and then register a patent. Then you can make money even if you do nothing.

"Mr. Li, compared with what you have done for the motherland, this is just a trivial safety belt, it is not valuable at all." Minister Gao said righteously.

Little did he know now that this tiny seat belt would have such great potential.

The country currently has only over 40 million, less than 50 million US dollars in reserves.

That’s right! That’s it.

You should know that in the same year the island country had reserves of 17 billion US dollars, while Germany had reserves of 40 billion US dollars, which is equivalent to a hundred times that of the country. It can be seen that the country's foreign exchange reserves are pitifully small.

Li Guang carefully analyzed the reasons.

"Minister Gao, I'm not kidding. I learned that Ford Motor Company is developing something similar to seat belts. Although seat belts may not be very useful in China, they will be of great value in foreign countries."

After hearing what Li Guang said, Minister Gao was stunned for a moment, and then he was surprised. He really didn't expect that this inconspicuous seat belt would have such a huge market value abroad.

"Mr. Li, is this seat belt really that valuable?"

"That's right!" Li Guang said solemnly.

Li Guang also added: "Minister Gao, you should know that there are tens of millions of cars in foreign countries now. This number will definitely increase in the future. Many countries are now vigorously developing the automobile industry."

"If every one of the tens of millions of cars were equipped with seat belts, how much revenue would that bring? At least tens of millions of foreign exchange would be brought to the country." Li Guang dropped another explosive piece of news.

Minister Gao was also a little dizzy from the sudden good news.

I couldn't believe it: "Mr. Li, are you kidding me?"

All I can say is that Li Guang is indeed a patriotic overseas Chinese, as he is willing to tell people about the benefits of seat belts.

If you encounter some profit-seeking businessmen, they will definitely register the seat belt patent first and then sell it at a high price, or auction it off for a sky-high patent fee!
"I never joke about these things." Li Guang shook his head.

Minister Gao came back to his senses and asked in surprise: "Mr. Li, what do you think I should do to maximize the benefits of this seat belt?"

He is definitely not as good as Li Guang, a businessman who specializes in business, in this regard. Private transactions are not allowed in the country now, so he does not have much experience in this area.

"There are two options. One is patent licensing, which does not require additional costs. Companies can only produce seat belts after obtaining patent authorization.

The other is that the country produces and then exports to foreign countries." Li Guang analyzed the matter.

Li Guang also said: "Whether it is the two methods, the patent must be registered first, otherwise it will be too late when Ford invents it and registers the patent."

It should be noted that the validity period of global patents varies from country to country and region to country, but the protection periods of the main types of patents in most countries and regions are invention patents, utility model patents and design patents, and there are differences between the two.

The protection period of utility model patents is usually 10 years, which is basically calculated from the application date, so it is not actually as long as 10 years. The protection period of design patents is generally years, but some countries are different, so there is no exact time, and it is also calculated from the application date.

Minister Gao also reacted: "Thank you Mr. Li for reminding me, I will arrange someone to apply right away!"

"Leave this matter to me! Now the United States is still in a comprehensive blockade of the country, so it will be more convenient for me to apply. I still have some connections in this regard." Li Guang took the initiative to undertake the task of applying for a patent.

"And the first application required preparation of the necessary formalities, which were prepared domestically, and Ford Motor Company invented the seat belt."

Minister Gao also felt that what Li Guang said made sense, and then he said, "Then I'll trouble you, Mr. Li."

"It seems that Comrade Zhou Yimin is really a lucky general!" Minister Gao couldn't help but sigh.

Zhou Yimin is also a figurehead in their Ministry of Commerce.

Li Guang was immediately interested in Zhou Yimin mentioned by Minister Gao. This Zhou Yimin should be the person who invented the seat belt. He immediately asked, "Comrade Zhou Yimin, is he the person who invented the seat belt?"

Minister Gao nodded: "That's right. Comrade Zhou Yimin not only invented the safety belt, but also invented the rice cooker and instant noodles, which are exported to foreign countries. In China, there are also solar cookers and pressurized wells. These are all inventions that benefit the country and the people."

After hearing this, Li Guang became more interested in Zhou Yimin and asked, "Minister Gao, I am very interested in Comrade Zhou Yimin. Can we arrange a meeting?"

He felt that Zhou Yimin was a talented person who had invented so many things, so he wanted to see if they could cooperate.

"Okay, how about I arrange for us to have dinner together tonight?" Minister Gao suggested.

Minister Gao asked again: "Mr. Li, which of the two methods you just mentioned is suitable for the current situation in China?"

I still don’t know the answer to the question I just asked, but now that there is a professional around, I certainly can’t miss it.

“I think the best way is patent licensing, and the price of seat belts won’t be too high.

The current price of a car is about 2,000 to 3,000 US dollars, and the proportion of seat belts in a car is definitely not high, about 20 to 30 US dollars. "Li Lao explained.

He added: “If they are produced domestically and then shipped for export, the transportation cost may be higher than the price of the seat belt itself.

If the price of seat belts is too high, it may force car companies to invent something similar to replace them.”

Because when people start a company they want to make money, and if the price is right, those car companies will be too lazy to spend money to research alternatives.

After listening to Li Guang's analysis, Minister Gao felt that it made sense. His original idea was to produce domestically and then transport and export. If he wanted to produce, he would have to build a factory, which would solve the employment problems of more people.

"Listening to your words is worth more than reading ten years of books. Okay, let's do as Mr. Li says!" Minister Gao.

It turns out that professionals are different. They can analyze the pros and cons clearly at once.

After a quick discussion, the two of them worked out the maximum benefit of the seat belts. All that was left was to report it and wait for approval from the bosses above.

(End of this chapter)