I'm back in 1990

Chapter 471: The Economy Wants to Transform

"I'm Back in 1990" - Stunning writing style and a captivating plot!

Sang Weihong was the first to know that Huang Xiaochuan was going to be promoted to associate professor, because she happened to be involved in the specific tasks of handling teacher title application, material collection, and review meeting organization.

At a meeting with relevant personnel, Hong Yongze, the director of the personnel department, repeatedly emphasized confidentiality and discipline to the staff involved in this professional title evaluation.

When Sang Weihong saw Huang Xiaochuan's application for associate professorship, she initially thought she was seeing things, but it turned out to be true.

Moreover, the school's comments section clearly stated in black and white with a large red stamp that the application had passed the school's review. So why didn't I see this application material during the review process?

Moreover, I clearly remember that Huang Xiaochuan handed me a document for applying for an intermediate professional title.

After the meeting, Sang Weihong recalled the recent private meeting between Director Hong and Huang Xiaochuan, along with the awards and honors Huang Xiaochuan had received in a short period of time. This former student council president, who was always highly sensitive to political matters, immediately connected these events together.

However, what Sang Weihong couldn't understand was what Huang Xiaochuan had done to warrant such an exceptional promotion to associate professor?

The first thing Ding Yi did upon returning victorious from Hong Kong was to meet with Huang Xiaochuan.

The Hong Kong financial defense battle not only brought Ding Yi a great economic harvest, but also earned him the recognition of the central government leaders, which greatly surprised his father, Ding. Originally, he was somewhat displeased with Ding Yi's obsession with the financial industry, but Ding Yi's performance in Hong Kong made him feel a sense of freshness towards his son. Because Ding Yi is currently on leave without pay, he still retains his status as a state employee. His father obtained some reliable information through various channels that the higher-ups intend to give this young man more responsibility.

So Lao Ding regained confidence in his son and waited for him to return to Shanghai so he could give him detailed advice and plan their future together.

However, Ding Yi did not go home immediately after arriving in Shanghai. Before boarding the plane in Hong Kong, he contacted Huang Xiaochuan and arranged a time and place to meet.

Huang Xiaochuan met with Ding Yi in his old office in Xujiahui.

Ding gave Huang Xiaochuan a hug as soon as he saw him.

"Damn it! Are you trying to strangle me?" Huang Xiaochuan pushed Ding Yi away forcefully.

Ding Yi laughed and sat down opposite Huang Xiaochuan. Without any hesitation, he poured himself a cup of tea that Huang Xiaochuan had just brewed. He smelled it first, then tasted it, and finally drank it all in one gulp, looking like he wanted more.

"Excellent tea!"

"Speak, what is it now?" Huang Xiaochuan also picked up his master's cup and took a sip.

Ding put down his cup and said smugly, "A high-ranking official received me and we talked about some things."

Upon hearing this, Huang Xiaochuan immediately became interested.

"Oh! What did he talk to you about?"

"The official said that Hong Kong needs economic transformation. After the outbreak of the Asian financial crisis, Hong Kong is facing the slowdown in the growth of traditional financial and real estate industries and the pressure of economic transformation. Therefore, the Hong Kong government intends to promote the innovation and technology industry to enhance Hong Kong's competitiveness. I hope that I can join in and contribute to Hong Kong's development."

Upon hearing Ding Yi mention this matter, coupled with Zhang Sui's economic analysis of Hong Kong's future and the investment trends of Hong Kong's major conglomerates, Huang Xiaochuan couldn't help but think of one person.

"Did the high-ranking official mention the internet to you?"

Ding Yi's two small eyes widened like two lotus seeds: "Chi Na? Did you fucking plant a listening device on me?"

"Screw you, you've been watching too much 007. Don't you know what I do? Researching future economic development trends is my forte." Huang Xiaochuan believed he wasn't bragging.

Ding was no longer surprised after hearing Huang Xiaochuan's words, but he still asked, "How did you guess that the high-ranking official was talking to me about the Internet?"

"Hmph, I also know that high-ranking officials told you about developing the digital industry."

Ding Yi was startled again and started speculating: "What? How do you know so much detail? Did you bribe someone close to me?"

Huang Xiaochuan was almost driven mad by Ding Yi. He was talking about serious matters, and Ding Yi was being so irresponsible: "Damn it, you have such a vivid imagination. Just look at the current development trend in the United States. It's just a combination of the Internet and semiconductors! The high-ranking officials are just trying to copy other people's homework. Why make it sound so mysterious?"

Ding Yi, abandoning her previous playful demeanor, asked with a serious expression, "Since you've researched this so thoroughly, what are your thoughts?"

"Let's wait and see for now, and wait for the right opportunity!" Huang Xiaochuan suddenly became very taciturn, only saying eight words to Ding Yi.

The literal meaning is easy to understand: it means temporarily not getting involved or participating.

Huang Xiaochuan did not answer the question directly, but instead asked Ding Yi, "What industry is the most prosperous in Hong Kong?"

Having spent many years in Hong Kong, Ding Yi replied without hesitation: "Of course it's real estate! Land in Hong Kong is incredibly valuable, and houses are selling for sky-high prices."

"You've already said that land in Hong Kong is incredibly expensive, so the economic transformation ideas proposed by high-ranking officials will be very difficult to implement. Think about it, how can economic development be separated from land? Technology companies are already burning through cash, and if you put these companies in a place like Hong Kong where land prices are ridiculously high, can these technology companies survive?"

Ding Yi slapped his thigh: "Damn it, it's true!"

Huang Xiaochuan continued, "Industrial transformation requires a change from top to bottom in the entire Hong Kong society. The entire elite class in Hong Kong is used to making quick money. Finance and real estate are more profitable than investing money in enterprises. Therefore, this matter faces many obstacles. The high-ranking officials' ideas are beautiful, but the reality is cruel. Moreover, I dare say that the high-ranking officials certainly did not just tell you this idea. They must have told others as well. It's like fishing. First, you bait the spot, then you put in the bait and see who takes the bait."

"Hiss, I get it! No wonder you told me to wait and see!" Ding Yi was very smart; he understood the meaning behind Huang Xiaochuan's eight words.

However, he asked with doubt, "I know you're letting others do it first while we wait to reap the rewards, but what if they succeed? By then it will be too late for us to go in; we won't even get a taste of the good stuff."

Huang Xiaochuan was furious: "You're the one who likes to eat shit! How come your words are so unpleasant to others?"

Ding scratched his head and laughed, "Slip of the tongue, slip of the tongue!"

Huang Xiaochuan glanced at Ding Yi with displeasure and then said, "I'm currently researching a topic about the internet economy, and I've discovered some issues. So I suggest you don't rush into getting involved in the internet industry for now."

Since Ding Yi met Huang Xiaochuan, the two have worked together very well, from stamps to stocks and later various financial speculations. Huang Xiaochuan is good at strategic analysis, while Ding Yi is good at tactical trading. Without Huang Xiaochuan's strategic analysis, Ding Yi is prone to being severely damaged when he encounters a crisis. Therefore, Ding Yi relies heavily on Huang Xiaochuan when making important decisions.

He would consult Huang Xiaochuan on important matters he was unsure about before making a decision. It was precisely because of this that the two worked together seamlessly, making their way in and out of the financial speculation market as if it were their own territory.

This time was no exception. Ding Yi had always trusted Huang Xiaochuan, so he immediately decided to observe and not get involved for the time being.

However, he still asked, "When can we intervene?"

"I'll let you know once my research makes progress and the relevant data model is built, before the paper is published," Huang Xiaochuan said, then downed the tea in his cup.

Ding Yi also finished his tea in one gulp: "Alright, I'll be looking forward to reading your masterpiece."

Setting down his teacup, Ding Yi invited, "How about we have a drink and chat tonight?"

"I don't have anything to talk to you about. You've been away for so long, your sister Huan must be dying of thirst at home. Don't you understand that absence makes the heart grow fonder? Go back and do your homework."

Ding Yi pointed at Huang Xiaochuan, both amused and exasperated, but couldn't utter a single word for a long time.

Read "1990, I'm Back" and enjoy your reading time.