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Chapter 1673

Thinking of the cooperation between the Su family, Ito Yuhiko's expression seemed a little melancholy.

Sitting in the car, he sighed and said with emotion: "Hoichi, in the past ten years, the development speed of our Japanese economy has lagged relatively behind, so the strength of several top families, including our Ito family, has shrunk a little, and has been weak afterwards..."

Hiroichi Tanaka hurriedly asked: "Sir, Japan's development speed has been ahead of the world in the decades after the war. Why can't it keep up in the past ten years?"

Yuhiko Ito said regretfully: "There are many reasons for this kind of economic development lag. First, it is because Japan's local resources and land have always been very scarce; second, it is because Japan has not made major innovations in the Internet and high-tech fields in recent years..."

As he said that, Ito Yuhiko continued to sigh: "Look, many Japanese local companies that had advantages in various fields more than ten years ago have gradually lost their original advantages over the years;"

"Look at the past companies such as Sony, Panasonic, Hitachi and Toshiba, they are all glorious all over the world. Back then, Sony's color TVs were the best in the world and were sold all over the world; Sony Ericsson's mobile phones are also well-known around the world. Panasonic and Hitachi's home appliances and Toshiba's semiconductors are all world-class existences, but now? They are all gradually declining!"

"Most half of the TVs in the world are produced in China, which are cheap, affordable and cost-effective; mobile phones in the world are divided into two parts, and Apple in the United States accounts for a large part, and the remaining majority are Huawei, Xiaomi, vivo and oppo in China, and there is no Japanese mobile phone. Even Samsung in South Korea is shining and has long been decadent!"

Hiroichi Tanaka couldn't help but feel regretful: "Sir, you are right. We in Japan have indeed completely lost many traditional advantages, especially in electronic products..."

Yuhiko Ito sighed: "More than electronic products? In addition, Japan's steel industry was once the top in the world. Even Americans have to look up at our special steels, but it plummeted because of the scandal of Kobe Steel's long-term fraud!"

"Originally, our Japanese Shinkansen technology was arrogant around the world, and our high-speed rail technology was invented by us, and its strength was unique in the world. But who would have thought that China's high-speed rail would come to the forefront, so that our Japanese high-speed rail technology, Germany and France's high-speed rail technology, have all become second-rate in the world, and the Japanese Shinkansen has also lost a large number of overseas markets..."

Hiroichi Tanaka kept sighing: "Our Ito family holds different proportions of shares in the companies you mentioned. They are lonely and our assets are also shrinking. This is indeed a very serious problem..."

Ito Yuhiko said with a pity that he was unable to make a living: "Not only that, the most important thing is that our young people in Japan are seriously lacking in creativity as a whole!"

"Look at China over the years, a large number of world-class Internet companies have been born, such as Tencent, Alibaba, Toutiao, JD.com and Pinduoduo, as well as DJI drones that account for more than 70% of the world's drone market. In contrast, Japan has never had an influential Internet company in recent years! If we continue to develop like this, we will lose all our advantages!"

Hiro Tanaka nodded: "In contrast, China's top families, as China's industries continue to develop and improve, and their wealth and influence are also increasing. They now have the ability to directly challenge Europe and the United States, and they do not take Japanese companies seriously at all."

"That's it." Ito Yuhiko said with melancholy: "In the past, they were still chasing us, but in the blink of an eye, they surpassed us and chased the United States. We were left behind by them. So much so that if we want to make a breakthrough in our business, we have to go back and please the Chinese family. It really is the old saying of China, thirty years Hedong, thirty years Hexi..."

Speaking of this, Ito Yuhiko said seriously: "Precisely because we have been stopping and China has been developing rapidly, we now need to be firmly tied to China's top families. This cooperation between the Su family is of great significance to us and cannot be missed."

Hiroichi Tanaka hurriedly nodded and blurted out: "President, please rest assured, I will definitely do my best!"

Japan's economy has been sluggish over the years.

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