Chapter 436 Reason
In addition to the subjects of their major, students at Jingcheng University have another compulsory subject, which is economics.

The reason for designing the subjects in this way is that we hope that the students who have achieved academic success can achieve success in all walks of life.

After several classmates nodded, An Ning continued, "This is the largest number of major projects since the founding of New China."

Then she started talking about the several times of technology introduction after liberation.

The first was 156 projects from the Soviet Union, which laid the industrial foundation for New China, and together with the interest, it amounted to nearly 60 billion gold rubles.

The second time was in 72, when the American president Mr. Nil visited China and the Western blockade was relaxed. The light industry, mainly consisting of 13 large fertilizer plants and 4 large chemical fiber plants, invested a total of 52 billion US dollars.

The third time was in 79, with the highest amount being 82 billion US dollars.

Some people in later generations have interpreted it from an economic perspective.

Every time external capital is used, it is equivalent to a large-scale debt, which means that domestic capital equivalent to the external capital must be issued.

Before 77, the total capital circulating in the country was only about 229 billion; but since 79, it has increased to more than 700 billion, a five-fold increase.

The simplest manifestation of more cash circulating in the market is rising prices.

An idea that is well known to later generations is that the crazy printing of money is essentially harvesting.

For example, the United States relied on printing US dollars to reap the world, such as reaping Japan in 89.

But for a normal economic environment, this can only be a temporary solution. If the amount of banknotes in circulation cannot complement the gross domestic product, the consequences in the future will be very serious.

Especially in the 80s, the country continued to increase the number of foreign investment projects.

After hearing An Ning's explanation, her classmates all looked unhappy and remained silent.

They don’t know what to say?
They are not allowed to comment on the affairs or decisions of the elders above.

It’s just that it really is true that a speck of dust from the times is like a mountain pressing down on ordinary people.

"An Ning, I see you are hesitant to speak. Will there be worse economic changes in the future?"

The older female classmate had a wife and children, and had started working early. She was well versed in human relations, and after listening to An Ning's brief explanation, she always felt that it was not enough, so she took the initiative to ask.

An Ning looked around and bit her lower lip, feeling very embarrassed.
"An Ning, if you can't say it, don't say it."

"It's not that. It's just that when my father analyzed it for me, he specifically told me not to spread it around. It would have a bad influence." An Ning let out a long breath and made up her mind, "My sisters know the seriousness of the matter better than I do."

"Just stop talking nonsense in the future."

Only then did An Ning briefly explain the subsequent influencing factors.

When the total domestic money supply increases, but this total money supply cannot generate any benefits and enters the monetary cycle, rising prices mean an increase in the price of means of production.

The rise in the price of means of production will still affect the planned economic system, that is, the profit margins of state-owned enterprises will be affected.

The most critical thing is that the introduction of foreign equipment, rather than technology, has affected the sales of related domestic products. This is only part of it;

Most importantly, after massive purchases with external funds, domestic products have no sales outlet and the future of state-owned enterprises is very uncertain.

It was earth-shattering news, and these outstanding students from Beijing University were shocked.

"An Ning, why don't you report such an important matter?"

An Ning raised her eyebrows prettily, "My dear sister, if my father could understand, he wouldn't sigh so often."

After a night of candlelight conversation, these classmates of An Ning became closer to An Ning and often came to Yongkang Hutong to visit and have private lessons with her.

The most important thing is that their horizons have been broadened. An Ning treated people sincerely, and after seeking their consent, he specially asked Wang Deming to transfer their families to the capital so that they no longer had to live apart.

After they graduated from Beijing University, they went to study in the United States with An Ning.

This is a later story.

After Wang Deming invited several of An Ning’s classmates who were visiting his home for dinner, he made an appointment to meet with the leaders of the Fourth Ministry of Machine Building.

Now all domestic electronic industries are directly governed by the Ministry of Machine Building.

Later, most of these factories and research institutes were directly transferred from the Fourth Ministry of Machine Building to various other places.

In name, it is to increase the economic strength of various places.

Although the leaders of the Fourth Ministry of Machine Building were not familiar with Wang Deming before, they had heard of him. After chatting casually for a few minutes when they met, they asked him why he came.

Wang Deming then told Hong Kong's Universal Electronics that they wanted to cooperate with domestic electronics companies and entrust them with technology.

As for cooperation, the leaders of the Fourth Ministry of Machine Building certainly fully support it.

However, there is no precedent in the country for entrusting technology, and we need to ask for instructions from higher authorities.

However, the Fourth Ministry of Machine Building hoped to establish a joint venture with Universal Electronics to earn more foreign exchange.

Wang Deming has no objection.

In the blink of an eye, it was the end of September, and Wang Deming made a special trip to the Shanghai Stock Exchange.

In later generations, the country has to spend hundreds of billions of dollars every year to purchase large aircraft from Boeing of the United States or Airbus of the European Union, as well as their related parts and logistics services.

When the domestically developed large aircraft C919 went from test flight to formal commercial use, many people in China were missing the large aircraft Y- that was developed in the same era.

The Y-10 is a large passenger jet that was developed by an aircraft manufacturing plant in Shanghai under the commission of the competent authorities.

The reason was that in 72, after an inspection in Shanghai, a teacher suggested that with such a good industrial foundation here, it is entirely possible to develop large aircraft.

The leaders of the Ministry of Aviation Industry held a meeting overnight, and the leaders of the Shanghai Stock Exchange at the time made a bold statement that they would build a large aircraft for Leader Wu as a private plane.

The Air Force and the Third Ministry of Machine Building provided people and equipment as needed and gave strong support.

September 9th was the first test flight of the Y-26 aircraft.

The take-off weight is 80 tons, the flight altitude is 1350 meters, the speed is 310 kilometers per hour, and it lands after circling the field twice.

Although the first test flight was very short, all the researchers were extremely excited.

It can be said that the Y-2000 is the result of the hard work of a research team of more than people from the inside out. The aircraft's fuselage, wings, and engines were all designed from scratch, and analyzed and drawn bit by bit from other aircraft.

Then continue to do calculations and designs.

High-strength steel, aluminum alloy plates, profiles, large forgings, landing gear, and airborne accessories are all domestically produced.

Computer use in Shanghai requires queuing every day. Every time, Chief Designer Xiong or Chief Designer Zhou would queue until after midnight, and then return to the institute in the early morning with red eyes.

Director Xiong was right next to Wang Deming, and he was told by his superior that Wang Deming could bring research materials to Hong Kong.

Therefore, he was particularly enthusiastic: "Comrade Deming, although our preparations are not yet sufficient."

"But we have taken the first step. As long as we are given enough time and funding, our large aircraft will surely fly freely in our skies in the future."

(End of this chapter)