The most important change in the New Dragon Kingdom this year is the change in the energy market!
Zhonghai's 50,000 MW nuclear reactor lasted less than a year of surprise construction, in May this year, to achieve full grid-connected power generation, and the larger second phase of the project construction speed is even more ferocious, by the end of August, there has been a single reactor capacity of 50,000 MW nuclear reactor, into trial operation, the operating power has reached more than 70% of the full load state, and the remaining four reactors will also complete the construction within the year, and achieve grid-connected power generation. By then, the total installed capacity of Zhonghai Nuclear Power Plant will reach an astonishing 300,000 megawatts, and the total annual power generation will reach 1.5 trillion kilowatt hours, which will undertake more than 65% of the power supply of Zhonghai City, becoming the largest power station in Xinlongguo!
In fact, if this power generation is placed five or six years ago, it is enough for Zhonghai City to use for several years, even if it is placed more than a year ago, it is enough for Zhonghai City to use for two years, but with the rapid development of various super energy-consuming industries in Magic Island, the total power consumption of Zhonghai City is also rolling upwards!
For example, at present, the diamond crystal production capacity in Zhonghai City accounts for about 80% of Longguo, and the total amount of energy consumed in this industry alone is as high as 350 billion kilowatt hours, and the three Three Gorges hydropower stations are still slightly insufficient!
The main reason why the cost price of the new dragon country nano diamond chip has decreased so quickly is the significant reduction in energy costs!
According to the latest desktop agreement reached in May this year, the internal direct power supply price of Zhonghai Nuclear Power Plant to Guangke Technology is 1 cent per kWh, and the dispatch fee of 1 cent per kWh of electricity needs to be paid to the State Grid, a price that was unimaginable a year ago! At the beginning of 2025, the general industrial electricity price in Zhonghai City will be 0.86~1.80 yuan per kWh, in comparison, the price is simply like a world of difference!
At present, except for a few large energy output provinces, the price of power supply to the national grid is generally 0.4~0.6 yuan a kWh, and the price of residential electricity is generally 0.56-0.62 yuan a kWh, considering line investment, depreciation, maintenance, line loss and other factors, residential electricity has almost no profit to earn, industrial electricity has become an important source of State Grid to achieve profits and accumulate construction funds.
However, from the investment in construction and operation, Zhonghai nuclear power plant was first fully invested by Zhonghai City, and later taken over by Magic Future Technology Investment Company, and further increased investment in the form of internal capital raising, so after the joint mediation of Zhonghai City and Magic Future Company, a concession was obtained from the Ministry of Energy, that is, within the scope of Zhonghai, Zhonghai Nuclear Power Plant can carry out internal direct power supply pilots, if it is necessary to borrow the transmission and transformation equipment of the State Grid. Separately pay the dispatch fee by agreement with the State Grid.
In this way, it opens a convenient door for super energy-consuming users such as optical science and technology.
For Zhonghai nuclear power plant, with users such as optical science and technology, even if it is 1 cent per kWh, it is a very good amount of huge income, you know, according to the current production capacity of optical science and technology, it needs to consume 350 billion kilowatt hours of electricity per year, and can charge 35 billion electricity bills per year, and because the price of electricity is cheap, the diamond crystal square production capacity of optical science and technology is also expanding rapidly at an extremely rapid rate, and it is expected that by the end of this year, the production capacity of optical technology will expand by 50% again at the current level Above, the annual electricity bill collected will reach 50 billion!
Moreover, because of such a good policy, a large number of energy-intensive advanced materials factories have sprung up around the Zhonghai nuclear power plant. For example, Magic Nuclear has planned three super battery factories in one go, with a total battery production capacity of up to 33,000 GWh, which is equivalent to more than 90 times the total annual lithium-ion battery production capacity of New Dragon Kingdom five years ago!
Moreover, super battery because of the problem of technology, energy costs account for more than 60% of the cost of the battery, now backed by the Zhonghai nuclear power plant, can get a low power supply, the original look dead expensive super battery, especially the performance of the current lithium-ion battery 70 times better than the current super lithium battery, finally has the ability to enter the ordinary people's home!
Magic nuclear company changed the past trend, this year launched more than a dozen types of various types of super batteries, from civilian super No. 1 disposable batteries, to cars, ships, aircraft used in high-capacity lithium-ion batteries, almost covering all application scenarios in the field of mobile energy, enterprise revenue also because of the opening of the market, showing explosive growth, from January to August this year, sold various types of batteries 10,000GWh. The operating income is as high as nearly 1.2 trillion yuan, becoming a proper brother of the battery industry of the new dragon country!
Of course, the magic core company does not have the intention to monopolize the market, and the new dragon market is very large, there will be a larger global market in the future, the highly concentrated market is not conducive to the development of the entire industry, so the magic core company adopts patent licensing, technical cooperation, OEM production and other forms of cooperation, selectively diffuses technology in a certain range, and jointly makes the cake bigger.
With the launch of a series of high-performance super batteries, the new energy power industry of New Dragon Kingdom has developed rapidly, such as new energy vehicles!
As early as seven or eight years ago, when new energy vehicles just entered the civilian-grade market, the cruising capacity of the main products was only a pitiful more than 200 kilometers, and now, using the super lithium battery of the magic core company, the cruising range can reach more than 5,000 kilometers, which is still because of the increase in battery performance, car manufacturers in order to reduce the price of bicycles, greatly reduce the amount of batteries, but also help to reduce the weight of the car itself, if really according to the weight of a few years ago to install the current super battery, The cruising range of the car will easily exceed 15,000 kilometers, but such a long cruising range is really unnecessary, even if it is 5,000 kilometers of endurance, it also meets the needs of the vast majority of customers, as a means of transportation for the general family, many cars will drive 10,000 kilometers a year, three times a year, it is still acceptable.
In fact, because of the large-scale use of super batteries, it is the aircraft and shipbuilding industry that have profoundly changed!
First of all, shipbuilding, in addition to large ships, the power system of other small and medium-sized ships is an important part of the cost of ships, really calculated, a little less expensive than the use of batteries, the key is to install additional generators, the two are added, suddenly make the simple propulsion system composed of super batteries appear very fragrant, and the later maintenance is good, energy costs are good, super batteries are very competitive, so the shipbuilding industry of the new dragon country has set off a wave of new energy replacement, And the current wave is still showing signs of spreading to large-tonnage ships.
It's the same with airplanes.
Many aircraft manufacturers in Xinlongguo have long known about the existence of super batteries and carried out related pre-research and development work, and when the Zhonghai nuclear power plant is officially put into operation, the low-cost high-energy storage battery of Magic Nuclear Company has become the best choice for aircraft power systems!
The advantages and disadvantages of electric drive aircraft mentioned earlier, I will not repeat it here, in short, because the electric drive system is relatively simple to design and the manufacturing process is not complicated, it has become a new gladiatorial arena for aircraft manufacturers! At present, many aircraft manufacturing companies of New Dragon Kingdom have launched a variety of types of regional aircraft and special purpose aircraft, such as cargo new energy aircraft, new energy helicopters, new energy short-haul passenger aircraft, new energy business jets, etc., for a while, the aviation industry of New Dragon Kingdom has shown a hundred flowers blooming and a hundred schools of thought contending, making the world look at it!
In fact, these aircraft manufacturing companies are not the protagonists of this carnival, the real protagonists are Magic Dragon Game Technology Company.
The company hit the market with the launch of a personal flying device in July this year!
This personal flying device is simply a miniature personal twin-rotor helicopter, but unlike traditional helicopters, it has no cabin, only a pedal for standing, or a seat to sit on, and then two wings rotating in opposite directions overhead, it's as simple as that.
As early as a few years ago, the military of the new dragon country once released a "flying three jumpers", and also launched a civilian model, the price is about four or five hundred thousand, but the market response is mediocre, mainly because it needs a tarmac, hangar, and a driver's license, and the market audience is very limited.
And this kind of personal flying device launched by Magic Dragon Game Technology Company is completely unnecessary.
First of all, its cruising flight altitude is between 1~3 meters, and even a low-altitude aircraft is not counted, that is, it flies close to the ground and does not need a pilot's license! Of course, it also has the ability to fly higher, but in order to avoid air traffic control, it still limits the flight altitude.
Magic Dragon Game Technology has obtained immunity from the relevant departments, this kind of aircraft is included in the scope of ground traffic control, do not need to obtain a pilot's license, but to comply with ground traffic regulations, the flight speed must not exceed 60 km / h!
The flight device has a cruising range of about 300 kilometers, the rotor can be retracted like an umbrella when not in use, and the screw can also shrink in length, making it relatively portable, with a total weight of less than 30 kilograms, barely able to carry it to home or office.
The most important thing is that this flying device can support virtual reality helmet auxiliary operation, which greatly improves the ease and convenience of driving!
As soon as this personal flying device, which sold for less than 60,000 yuan, was launched, it became a new toy that young people rushed to buy, and for a while, the streets of Zhonghai City were full of buzzing noise, which was annoying, even because of the new secondary disasters brought about by scientific and technological progress....
The completion and use of Zhonghai nuclear power plant has a great, many, and comprehensive impact on the industry, profoundly changing the industrial structure and economic development trend of Zhonghai and even the entire New Dragon Kingdom, at the same time, it also makes several central cities of the New Dragon Country that are about to build nuclear power plants red-eyed, and constantly promote the acceleration of the construction progress of their nuclear fusion power plants through various means, and some cities have also promised rewards, every day of speeding up the completion of the day, how much money will be rewarded, real money to smash the progress!
According to the joint proposal of 301 scientific researchers, the third phase of the project will be further expanded by 10 times on the basis of the existing scale, and the installed capacity of the single reactor will be directly pushed up from 50,000 megawatts to 500,000 megawatts, which has been approved by Shanghai Beihai, and is currently carrying out preliminary exploration and design work, and is expected to start construction within this year.
The reason why such a large cross-domain is carried out is because the power market of Zhonghai is growing too fast!
Now not only Guangke Technology has made an ambitious expansion plan, almost all companies are working fast, expanding the scale as quickly as possible, and occupying this blue ocean market as soon as possible, because the surging demand in the domestic market is not counted, and the larger demand in the international market is breaking out!
According to the figures released by the National Bureau of Statistics, from January to August this year, the cumulative export volume of 1 nanometer chips in Xinlongguo reached 300 billion yuan, and in only two months in July and August, the export volume was as high as 100 billion yuan, indicating that this trend is breaking out at a very fast speed!
In fact, the export of the chip industry is not a big head, the real huge is the export of super batteries and new energy vehicles, the total export value of the two from January to August this year is as high as nearly one trillion, becoming the largest industry in the new dragon country!
The reason why it sells so well is because the new energy vehicle under the blessing of the super battery is too fragrant!
Take a small micro family car with a range of 5,000 kilometers as an example, the price of a bicycle is only more than 50,000, but its appearance design, internal electronic control system, software and economic practicality are enough to kill similar products in other countries, not to mention those fossil energy cars!
Many countries are facing the strong rise of the new energy vehicle industry of the new dragon country, and they simply do not know how to deal with it!
Because this new energy vehicle has excellent performance, extremely low cost of use and good environmental benefits, even Western countries have to pinch their noses and open imports!
Why such a contradictory situation?
The key is also in the comprehensive social operating costs!
To give a simple example, everyone understands:
the new dragon country this kind of car price 50,000, cruising range 5,000, only need to charge, do not need to consume oil, so the large-scale promotion of the use of this car, can greatly reduce oil imports, and the acquisition of electric energy channels, solar energy, wind energy, nuclear energy, etc., are renewable resources, comprehensive calculation, can greatly reduce the overall social operating costs!
What happens if imports are refused purely for the sake of confrontation?
Either use the kind of expensive and poor performance of new energy vehicles, or use fossil fuel internal combustion engine driven cars, the country must also prepare a lot of foreign exchange to buy oil, build a large number of oil refineries, to ensure oil supply, thereby pushing up the economic operating costs of the entire society, so that its international competitiveness is at a disadvantage!
If you casually calculate the account, you can understand that if others have a family and do not use it, they will be beaten in the international competition, this is a prisoner's dilemma, you can only pinch your nose and endure, and keep buying!
The pattern of 1-nanometer chips and other advanced technology products is roughly similar, and the most direct consequence is that the new dragon currency has become the most sought-after foreign exchange reserve currency in the world today.
From January to August this year, the currency of the new dragon country has appreciated by nearly 20%, even if the central bank continues to reverse the operation through the middle market and put a lot of liquidity into the international market, it still cannot stop this trend!
Some readers may think that currency appreciation is a good thing, but it is not!
The rapid appreciation of the unilateral currency is a huge weakening of national competitiveness, and although it may have an advantage in resource imports, it inflates the price of other domestic costs, thereby reducing overall competitiveness.
This upward trend has already had a significant and adversely negative impact on other low-end industries, such as exports of textiles and other primary commodities, which have begun to come under pressure.
However, this is also a helpless thing, and can only take over by further increasing the adjustment of domestic industries, quickly releasing the employed population from the primary industry, and increasing other employment....
Zhonghai's 50,000 MW nuclear reactor lasted less than a year of surprise construction, in May this year, to achieve full grid-connected power generation, and the larger second phase of the project construction speed is even more ferocious, by the end of August, there has been a single reactor capacity of 50,000 MW nuclear reactor, into trial operation, the operating power has reached more than 70% of the full load state, and the remaining four reactors will also complete the construction within the year, and achieve grid-connected power generation. By then, the total installed capacity of Zhonghai Nuclear Power Plant will reach an astonishing 300,000 megawatts, and the total annual power generation will reach 1.5 trillion kilowatt hours, which will undertake more than 65% of the power supply of Zhonghai City, becoming the largest power station in Xinlongguo!
In fact, if this power generation is placed five or six years ago, it is enough for Zhonghai City to use for several years, even if it is placed more than a year ago, it is enough for Zhonghai City to use for two years, but with the rapid development of various super energy-consuming industries in Magic Island, the total power consumption of Zhonghai City is also rolling upwards!
For example, at present, the diamond crystal production capacity in Zhonghai City accounts for about 80% of Longguo, and the total amount of energy consumed in this industry alone is as high as 350 billion kilowatt hours, and the three Three Gorges hydropower stations are still slightly insufficient!
The main reason why the cost price of the new dragon country nano diamond chip has decreased so quickly is the significant reduction in energy costs!
According to the latest desktop agreement reached in May this year, the internal direct power supply price of Zhonghai Nuclear Power Plant to Guangke Technology is 1 cent per kWh, and the dispatch fee of 1 cent per kWh of electricity needs to be paid to the State Grid, a price that was unimaginable a year ago! At the beginning of 2025, the general industrial electricity price in Zhonghai City will be 0.86~1.80 yuan per kWh, in comparison, the price is simply like a world of difference!
At present, except for a few large energy output provinces, the price of power supply to the national grid is generally 0.4~0.6 yuan a kWh, and the price of residential electricity is generally 0.56-0.62 yuan a kWh, considering line investment, depreciation, maintenance, line loss and other factors, residential electricity has almost no profit to earn, industrial electricity has become an important source of State Grid to achieve profits and accumulate construction funds.
However, from the investment in construction and operation, Zhonghai nuclear power plant was first fully invested by Zhonghai City, and later taken over by Magic Future Technology Investment Company, and further increased investment in the form of internal capital raising, so after the joint mediation of Zhonghai City and Magic Future Company, a concession was obtained from the Ministry of Energy, that is, within the scope of Zhonghai, Zhonghai Nuclear Power Plant can carry out internal direct power supply pilots, if it is necessary to borrow the transmission and transformation equipment of the State Grid. Separately pay the dispatch fee by agreement with the State Grid.
In this way, it opens a convenient door for super energy-consuming users such as optical science and technology.
For Zhonghai nuclear power plant, with users such as optical science and technology, even if it is 1 cent per kWh, it is a very good amount of huge income, you know, according to the current production capacity of optical science and technology, it needs to consume 350 billion kilowatt hours of electricity per year, and can charge 35 billion electricity bills per year, and because the price of electricity is cheap, the diamond crystal square production capacity of optical science and technology is also expanding rapidly at an extremely rapid rate, and it is expected that by the end of this year, the production capacity of optical technology will expand by 50% again at the current level Above, the annual electricity bill collected will reach 50 billion!
Moreover, because of such a good policy, a large number of energy-intensive advanced materials factories have sprung up around the Zhonghai nuclear power plant. For example, Magic Nuclear has planned three super battery factories in one go, with a total battery production capacity of up to 33,000 GWh, which is equivalent to more than 90 times the total annual lithium-ion battery production capacity of New Dragon Kingdom five years ago!
Moreover, super battery because of the problem of technology, energy costs account for more than 60% of the cost of the battery, now backed by the Zhonghai nuclear power plant, can get a low power supply, the original look dead expensive super battery, especially the performance of the current lithium-ion battery 70 times better than the current super lithium battery, finally has the ability to enter the ordinary people's home!
Magic nuclear company changed the past trend, this year launched more than a dozen types of various types of super batteries, from civilian super No. 1 disposable batteries, to cars, ships, aircraft used in high-capacity lithium-ion batteries, almost covering all application scenarios in the field of mobile energy, enterprise revenue also because of the opening of the market, showing explosive growth, from January to August this year, sold various types of batteries 10,000GWh. The operating income is as high as nearly 1.2 trillion yuan, becoming a proper brother of the battery industry of the new dragon country!
Of course, the magic core company does not have the intention to monopolize the market, and the new dragon market is very large, there will be a larger global market in the future, the highly concentrated market is not conducive to the development of the entire industry, so the magic core company adopts patent licensing, technical cooperation, OEM production and other forms of cooperation, selectively diffuses technology in a certain range, and jointly makes the cake bigger.
With the launch of a series of high-performance super batteries, the new energy power industry of New Dragon Kingdom has developed rapidly, such as new energy vehicles!
As early as seven or eight years ago, when new energy vehicles just entered the civilian-grade market, the cruising capacity of the main products was only a pitiful more than 200 kilometers, and now, using the super lithium battery of the magic core company, the cruising range can reach more than 5,000 kilometers, which is still because of the increase in battery performance, car manufacturers in order to reduce the price of bicycles, greatly reduce the amount of batteries, but also help to reduce the weight of the car itself, if really according to the weight of a few years ago to install the current super battery, The cruising range of the car will easily exceed 15,000 kilometers, but such a long cruising range is really unnecessary, even if it is 5,000 kilometers of endurance, it also meets the needs of the vast majority of customers, as a means of transportation for the general family, many cars will drive 10,000 kilometers a year, three times a year, it is still acceptable.
In fact, because of the large-scale use of super batteries, it is the aircraft and shipbuilding industry that have profoundly changed!
First of all, shipbuilding, in addition to large ships, the power system of other small and medium-sized ships is an important part of the cost of ships, really calculated, a little less expensive than the use of batteries, the key is to install additional generators, the two are added, suddenly make the simple propulsion system composed of super batteries appear very fragrant, and the later maintenance is good, energy costs are good, super batteries are very competitive, so the shipbuilding industry of the new dragon country has set off a wave of new energy replacement, And the current wave is still showing signs of spreading to large-tonnage ships.
It's the same with airplanes.
Many aircraft manufacturers in Xinlongguo have long known about the existence of super batteries and carried out related pre-research and development work, and when the Zhonghai nuclear power plant is officially put into operation, the low-cost high-energy storage battery of Magic Nuclear Company has become the best choice for aircraft power systems!
The advantages and disadvantages of electric drive aircraft mentioned earlier, I will not repeat it here, in short, because the electric drive system is relatively simple to design and the manufacturing process is not complicated, it has become a new gladiatorial arena for aircraft manufacturers! At present, many aircraft manufacturing companies of New Dragon Kingdom have launched a variety of types of regional aircraft and special purpose aircraft, such as cargo new energy aircraft, new energy helicopters, new energy short-haul passenger aircraft, new energy business jets, etc., for a while, the aviation industry of New Dragon Kingdom has shown a hundred flowers blooming and a hundred schools of thought contending, making the world look at it!
In fact, these aircraft manufacturing companies are not the protagonists of this carnival, the real protagonists are Magic Dragon Game Technology Company.
The company hit the market with the launch of a personal flying device in July this year!
This personal flying device is simply a miniature personal twin-rotor helicopter, but unlike traditional helicopters, it has no cabin, only a pedal for standing, or a seat to sit on, and then two wings rotating in opposite directions overhead, it's as simple as that.
As early as a few years ago, the military of the new dragon country once released a "flying three jumpers", and also launched a civilian model, the price is about four or five hundred thousand, but the market response is mediocre, mainly because it needs a tarmac, hangar, and a driver's license, and the market audience is very limited.
And this kind of personal flying device launched by Magic Dragon Game Technology Company is completely unnecessary.
First of all, its cruising flight altitude is between 1~3 meters, and even a low-altitude aircraft is not counted, that is, it flies close to the ground and does not need a pilot's license! Of course, it also has the ability to fly higher, but in order to avoid air traffic control, it still limits the flight altitude.
Magic Dragon Game Technology has obtained immunity from the relevant departments, this kind of aircraft is included in the scope of ground traffic control, do not need to obtain a pilot's license, but to comply with ground traffic regulations, the flight speed must not exceed 60 km / h!
The flight device has a cruising range of about 300 kilometers, the rotor can be retracted like an umbrella when not in use, and the screw can also shrink in length, making it relatively portable, with a total weight of less than 30 kilograms, barely able to carry it to home or office.
The most important thing is that this flying device can support virtual reality helmet auxiliary operation, which greatly improves the ease and convenience of driving!
As soon as this personal flying device, which sold for less than 60,000 yuan, was launched, it became a new toy that young people rushed to buy, and for a while, the streets of Zhonghai City were full of buzzing noise, which was annoying, even because of the new secondary disasters brought about by scientific and technological progress....
The completion and use of Zhonghai nuclear power plant has a great, many, and comprehensive impact on the industry, profoundly changing the industrial structure and economic development trend of Zhonghai and even the entire New Dragon Kingdom, at the same time, it also makes several central cities of the New Dragon Country that are about to build nuclear power plants red-eyed, and constantly promote the acceleration of the construction progress of their nuclear fusion power plants through various means, and some cities have also promised rewards, every day of speeding up the completion of the day, how much money will be rewarded, real money to smash the progress!
According to the joint proposal of 301 scientific researchers, the third phase of the project will be further expanded by 10 times on the basis of the existing scale, and the installed capacity of the single reactor will be directly pushed up from 50,000 megawatts to 500,000 megawatts, which has been approved by Shanghai Beihai, and is currently carrying out preliminary exploration and design work, and is expected to start construction within this year.
The reason why such a large cross-domain is carried out is because the power market of Zhonghai is growing too fast!
Now not only Guangke Technology has made an ambitious expansion plan, almost all companies are working fast, expanding the scale as quickly as possible, and occupying this blue ocean market as soon as possible, because the surging demand in the domestic market is not counted, and the larger demand in the international market is breaking out!
According to the figures released by the National Bureau of Statistics, from January to August this year, the cumulative export volume of 1 nanometer chips in Xinlongguo reached 300 billion yuan, and in only two months in July and August, the export volume was as high as 100 billion yuan, indicating that this trend is breaking out at a very fast speed!
In fact, the export of the chip industry is not a big head, the real huge is the export of super batteries and new energy vehicles, the total export value of the two from January to August this year is as high as nearly one trillion, becoming the largest industry in the new dragon country!
The reason why it sells so well is because the new energy vehicle under the blessing of the super battery is too fragrant!
Take a small micro family car with a range of 5,000 kilometers as an example, the price of a bicycle is only more than 50,000, but its appearance design, internal electronic control system, software and economic practicality are enough to kill similar products in other countries, not to mention those fossil energy cars!
Many countries are facing the strong rise of the new energy vehicle industry of the new dragon country, and they simply do not know how to deal with it!
Because this new energy vehicle has excellent performance, extremely low cost of use and good environmental benefits, even Western countries have to pinch their noses and open imports!
Why such a contradictory situation?
The key is also in the comprehensive social operating costs!
To give a simple example, everyone understands:
the new dragon country this kind of car price 50,000, cruising range 5,000, only need to charge, do not need to consume oil, so the large-scale promotion of the use of this car, can greatly reduce oil imports, and the acquisition of electric energy channels, solar energy, wind energy, nuclear energy, etc., are renewable resources, comprehensive calculation, can greatly reduce the overall social operating costs!
What happens if imports are refused purely for the sake of confrontation?
Either use the kind of expensive and poor performance of new energy vehicles, or use fossil fuel internal combustion engine driven cars, the country must also prepare a lot of foreign exchange to buy oil, build a large number of oil refineries, to ensure oil supply, thereby pushing up the economic operating costs of the entire society, so that its international competitiveness is at a disadvantage!
If you casually calculate the account, you can understand that if others have a family and do not use it, they will be beaten in the international competition, this is a prisoner's dilemma, you can only pinch your nose and endure, and keep buying!
The pattern of 1-nanometer chips and other advanced technology products is roughly similar, and the most direct consequence is that the new dragon currency has become the most sought-after foreign exchange reserve currency in the world today.
From January to August this year, the currency of the new dragon country has appreciated by nearly 20%, even if the central bank continues to reverse the operation through the middle market and put a lot of liquidity into the international market, it still cannot stop this trend!
Some readers may think that currency appreciation is a good thing, but it is not!
The rapid appreciation of the unilateral currency is a huge weakening of national competitiveness, and although it may have an advantage in resource imports, it inflates the price of other domestic costs, thereby reducing overall competitiveness.
This upward trend has already had a significant and adversely negative impact on other low-end industries, such as exports of textiles and other primary commodities, which have begun to come under pressure.
However, this is also a helpless thing, and can only take over by further increasing the adjustment of domestic industries, quickly releasing the employed population from the primary industry, and increasing other employment....
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