When it comes to identifying the industry that was at the forefront in the past, there is no doubt that real estate takes the lead. However, as the saying goes, "Fortunes change like the wind," what industry will replace real estate and become the next hot spot for investment in the future? Recently, a well-known economist has spoken up, and today we will explore this topic together.

The news of rising oil prices has been incessant lately, and it seems that we might be facing the fifth consecutive increase in oil prices this year. This has led many to exclaim that they can no longer afford to fill up their tanks. As oil prices approach the 10-dollar mark, the cost-effectiveness of electric vehicles has once again captured people's attention, and recently, the sales of new energy vehicles in China have been soaring.

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Therefore, a prominent economist in China has publicly stated that not investing in new energy now is akin to not buying a house 20 years ago. This highlights that the new energy vehicle industry will be a new frontier in the future.

According to relevant data, the sales volume of new energy vehicles in China was 1.34 million in 2020, and it has already surpassed 3 million by 2021, representing a multiple-fold increase. It's not just China; other countries around the world are also very optimistic about the development prospects of new energy vehicles, with some even planning to ban the sale of fuel vehicles within the next decade.

Various data and signs indicate that new energy vehicles are indeed a point of interest worth paying attention to in the future.

However, in my opinion, rather than saying that the future lies in new energy vehicles, it would be more accurate to say that the new energy power industry is the key. A single new energy vehicle is not enough to compete with the real estate industry. To replace real estate as the next frontier, it must encompass the entire industry chain.Let's continue the discussion:

Whether it's the past or the future, the competition in the global landscape is a competition for energy. Whoever has a say in energy is the boss. You can see everything from the way the United States has manipulated oil to reap the benefits of the whole world.

The same principle applies to future development, which will also be related to energy, only the focus of this energy will shift from oil and coal to electricity. And new energy electricity is definitely the focus of future contention. Whoever has advanced technology and a technological advantage can walk freely on a global scale.

The new energy electricity here is by no means just new energy vehicles. Its representative scope is quite broad, ranging from new energy power generation to the transmission, storage, and application of electric power resources, all of which are very key links.

Speaking of power generation, there's no need to elaborate on the well-known wind power and solar power, which have been laid out for many years. In the future, new power generation methods such as nuclear power may be applied more.

In terms of storage, the storage of wind power and solar power generation is still a problem to be solved, and at the same time, battery research and development and production have made great progress. In the future, there will be a lot of room for imagination in terms of both safety and storage capacity.

The most critical point, and what I want to emphasize the most, is the application aspect. The application of electricity is now very extensive, and it can be said that every aspect of our lives is completely inseparable from electricity. However, the application in the field of electric power storage has not yet reached our goals. The most widely used applications now are probably the well-known new energy vehicles, electric vehicles, and then mobile phones, home appliances, etc.

But with the development of science and technology and the innovation of technology, I think that in the future, high-power energy storage devices with large storage capacity, long endurance, and long service life may appear more in various scenes of our lives. For example, cruise ships going out to sea, portable power sources for weekend picnics in the wild, or monitoring devices placed by relevant departments on the mountain. All places where it is inconvenient to lay cables can completely solve the problem with a set of replaceable batteries that can be changed regularly.It can be said that currently, the scenarios for power applications are still very limited, far from achieving the expected effects. Once the application scenarios are expanded in the future, the market will be enormous. At that time, I believe all industries related to new energy will usher in a new opportunity.

In summary, as the real estate market gradually fades, there will inevitably be a new industry that will support China's economic growth in the future. From various analyses, the new energy power industry is undoubtedly a point worth looking forward to, especially in terms of power applications. In the future, besides new energy vehicles, we will definitely see the presence of new energy power in more scenarios.

So, are you optimistic about the future prospects of the new energy power industry?

Everyone is welcome to leave comments and discuss together.

That's all for this episode. If you are interested in learning more about financial management, please leave me a message.