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I plan to invest in small projects to earn some extra money; the amount I intend to invest is less than 700,000. Could anyone give me some suggestions? (The land is large and cheap.) I don’t want to invest in stocks; I prefer to invest in tangible assets, such as starting a small factory. I’m not sure what kind of project would be a good choice
For chemical products in which there is little room for improvement domestically, ordinary domestic chemical technologies can only rely on advantages in raw materials. Introducing foreign technology requires huge amounts of capital. You might want to consider getting into the stock market instead :lol
700,000 might be a bit low; it may not generate much profit, but that doesn’t necessarily mean nothing can be done. For example, recovering valuable substances from pharmaceutical wastewater, and so on. I have a friend who used to run a small factory for recycling sulfuric acid from wastewater; the total investment was only 70,000, and he could earn over 100,000 per year. I really admire people like the original poster – those who, despite not having much capital, still want to get involved in real business. In fact, there are many people who have more funds than the poster, but they lack such courage, or prefer to engage in speculative activities such as investing in the stock market. If the original poster needs any technical assistance, I’m willing to help with whatever is within my capabilities. (Note: My knowledge is limited.)
Strong support! I wonder how the original poster is doing now!
I just don’t want to invest in stocks or real estate. There are too many virtual assets these days, and in the end they only harm the Chinese people. I’ve never seen anyone become truly successful by investing in stocks or real estate; the core industrial technologies remain virtual – what’s the use of that? These days, most people are engaged in manufacturing pants, shoes, or coal mining, or they’re involved in buying and selling stocks and real estate. People have become impetuous! It’s hard for those workers on the assembly lines; our wage levels are already very low. Compared to workers abroad, we’re living like serfs every day. Even college graduates, when measured against those standards, are in a poor situation – they have low wages and high housing costs, making life extremely difficult