Chapter 326: Next Year

December 31st at eight o’clock in the evening, the last hours of the twentieth century. In four hours, humanity would open a new era and enter into the twenty-first century.

Masayoshi Kishimoto arrived at the place Maki Iwasaki had told him about, as promised. He didn’t come empty-handed and prepared a large bouquet of flowers to deliver. They sat face to face and began to drink their pre-dinner drinks.

“First of all, congratulations on successfully taking down the entire Roppongi old city remodeling plan.” Maki Iwasaki opened her sandalwood mouth as she held her wine glass above her right hand.

“Thanks. Next year, I’ll build on it.” Masayoshi Kishimoto, also holding a wine glass in his right hand, said.

“What do you think about Japan’s economic situation next year?” Maki Iwasaki asked without haste.

Masayoshi Kishimoto knew that having dinner with her could not be as simple as just eating, and that there would be a more in-depth conversation in the mix.

If he himself wasn’t smart enough, I’m afraid he would have been eliminated from the game by her a long time ago. There wouldn’t have been an invitation from her private initiative or something like that afterward.

To be fair, he himself was pleasant in spirit, after all, the clash of their minds was conducive to intellectual improvement.

However, occasionally it would turn into a trial and error between the two parties again. This was not above the feelings of a man and a woman, but within the realm of business cooperation.

“Next year, Japan is an economically mediocre year. Even if the government will have a quantitative monetary easing policy to boost the economy, it will be very limited in terms of actual strength. I’m afraid it will be more of a thunderclap than a drizzle.” Masayoshi Kishimoto shared his views and opinions, saying.

“What about the specific reasons?” Maki Iwasaki asked with a sense of purpose as he gently shook his wine glass in his right hand.

“You know it very well in your heart, so why do you have to ask me?” Masayoshi Kishimoto laughed a little and said.

Maki Iwasaki then smiled back and said, “Precisely because I want to hear how you see it?”

Masayoshi Kishimoto said bluntly, “Japan is a first-mover country and has become one of the few developed countries in the world. As far as the current stage is concerned, it has already reached a bottleneck for further upward development.

Or rather, a new way of growth is needed to make a breakthrough in the bottleneck. This can be seen from the annual economic growth expectations in Japan alone.

The double-digit growth that existed before the bursting of the economic bubble no longer exists. In the beginning, even the small remote places in Japan were built with asphalt roads.

There were not many cars running on top of the roads. The government cannot be blamed for this kind of waste or over-investment.

More money on hand, a time really do not know what to do, as well as what is the most stable. Thus, infrastructure projects often become a good option.

After all, the local only investment, there will be projects. With the project, only then can there be jobs provided to the people above the place.

When people have jobs, they will have income, and then they will be able to retain people, so that young people will not run towards Tokyo, Osaka and other big cities.

When people have money, they are able to spend it, which in turn boosts domestic demand and the growth and prosperity of the domestic economy. The problem lies in the fact that the money is produced but not consumed fast enough, resulting in a relative surplus.

The only way for Japan to grow as fast as before is to be leveled and devastated again and redevelop. This will not be very profitable if we continue to make a big deal of traditional industries in Japan.

The cost of land, labor, raw materials, etc. have all gone up. Moving labor-intensive industries or industries with non-core areas and key technologies out of Japan and setting up factories in underdeveloped countries can increase profitability.

Moreover, finance, which was originally created to optimize the allocation of resources, became a way for many speculators to get rich after the 1980s.

Before that, this business was not as high profile and lucrative as it is now. For now, I think it’s good to develop e-commerce like EBAY in Japan.”

The reason why he said so is not nonsense. People who are not clear about the development of related industries in Japan mistakenly think that Japan lags behind China in electronic payments and online shopping, followed by a catch-up.

In fact, before Ma Dad Taobao, Alipay this set, Japan has been in advance in the development. There are many reasons why Japan did not get these things up.

For this reason, Kishimoto justice in his previous life has had a certain summary. He summarized it as one thing is that there is no boss that has emerged to dominate the world.

Whenever there is a payment or a purchase or something, in Japan there are watermelon cards, apple cards, banana cards, and many other cards that are not compatible with each other.

Each card or payment method belongs to a different company. There is no cooperation between them, they are all in competition. Japan is known for its fierce competition between companies in various industries.

Secondly, there are many convenience stores in Japan, and each of them has an ATM machine, which is very convenient to use.

Thirdly, cash in Japan is highly counterfeit-proof, so it is not easy to receive counterfeit money. In addition, Japanese people are very stubborn and once they have formed certain payment habits, it is quite difficult to change them.

Fourthly, credit cards are widely used in Japan. The use of credit cards is very common in developed countries. That’s why it’s not like China’s cell phone payments where it’s either Alipay or WeChat.

In fact, the speed of cell phone payment is not necessarily faster than using cash and credit cards. We must say that the biggest advantage is that the former do not need to find change and N in one.

The disadvantages are also obvious, not only the security problem, but also cause the effect of deception on the human psychology. The payment of digital currency will always make people have a more or less illusion that they are not spending money.

The reason why Masayoshi Kishimoto moved such a mind, lies in his own capital is large, completely able to do to unify the Japanese e-commerce rivers and lakes.

The most important thing is that he valued the future in this field derived from the virtual banking business. Although Japan’s population is only less than one-tenth of China’s, but their per capita income is much higher than the per capita income of the Chinese people.

Alipay’s daily water flow is a huge number in billions of dollars. This is something that can be fully utilized by the company.

Whether it’s to make other investments, or whatever, it’s fine. And then later on, something like Balance Transfer can be created to allow ordinary people to keep putting money in.

Nowadays this piece of field, although it is no longer blank, but completely has a huge potential for development in. One does not want to have to pull Iwasaki Maki, but with her in, a number of things will become simple.

Once the government wants to introduce any relevant restrictive measures, then it can use the Iwasaki family’s deep connections to do lobbying, public relations, and so on, thus becoming favorable to their own side.