Baozixuan''s words made everyone present meditate. Saudi Arabia''s prosperity is inseparable from oil. However, Saudi oil did not belong to Saudi Arabia in the early years and was gradually nationalized in recent years. The older generation of Saudi royal family members have suffered a little. Now these young people are born with golden keys.


    It seems that the way of life really needs to be changed, especially for students. Otherwise, it is absolutely impossible to cultivate useful talents. It is estimated that it is difficult for a student who can''t bear hardships to persevere in scientific research.


    Everyone knows the truth, but it will change easily and it is more difficult to estimate; Saudi princes and princesses are used to life. This is especially true for students at King''s University of Saudi Arabia. Talents are often abandoned in a comfortable life.


    At this time, a prince sitting next to baozixuan said, "Hello, Mr. Bao! I''m Abdullah. Do you think electric engines will be used in the power systems of vehicles such as cars and aircraft in the future; In other words, the status of oil has been replaced. "


    Abdullah was born in August 1924 in Riyadh, the capital of Saudi Arabia. He is the eldest son of Abdulaziz bin Abdullah Rahman and his eighth wife fahda. Religious education since childhood. In 1963, he was appointed commander of the Saudi Arabian National Guard. In 1975, he was appointed the second deputy prime minister. In June 1982, he was established as crown prince, first deputy prime minister and commander of the National Guard. In 1995, his half brother King Fahd suffered a stroke and was in poor health. He took charge of government affairs. After the death of King Fahd on August 1, 2005, he succeeded to the throne on August 3, 2005.


    Hearing the crown prince talking to himself, baozixuan knew that he was concerned about the status of oil. His achievements in the industrial field make the other party dare not despise. The most important thing is that the lithium battery of heiyun group is unique in the world. Although there is no threat to oil at present, with the development of science and technology, who knows what the future will be like, so taking precautions is the king.


    Bao Zixuan said with a smile: "this problem is really too big, but with the development of science and technology, electric vehicles and aircraft should be able to realize; But the position of oil is hard to shake. Oil is not just the fuel of internal combustion engines; There are many industrial areas that need petrochemical products. For example, asphalt for paving, sponge for furniture and paint for coating. These are petrochemical products. In fact, petrochemical products are needed in many fields, but they are covered by the light of automobile fuel. "


    "However, even if the internal combustion engine is really replaced, it can not be realized in a short time. It takes a lot of energy to drive a car. At present, the existing battery technology can''t reach it, so it''s more difficult to drive an aircraft to fly in the sky. "


    "Unless there is revolutionary progress in battery technology, it is difficult to realize electric aircraft. Electric vehicles may appear in the next 20 years or so, but it is difficult to popularize them without 40-50 years. "


    Hearing baozixuan''s analysis, the Saudis were relieved. However, they are very worried that electric vehicles will be popularized in the next 40 or 50 years. Any vehicle using electricity means less dependence on oil.


    Steamed stuffed bun Xuan is absolutely an authority in this regard. He certainly doesn''t say it without a target. Once the whole world reduces its dependence on oil, Saudi Arabia will become very embarrassed.


    At this time, the king also began to think, so he said seriously: "Mr. Bao has studied in Europe and America for many years and is doing business in Xiangjiang, an economically developed city. Therefore, I would like to ask you what you think of Saudi Arabia''s economy, or in which direction Saudi Arabia will develop in the future. "


    As soon as this problem came out, baozixuan knew it was causing trouble again. Prince Sultan had asked relevant questions before, but this time it was the king and crown prince who asked questions. Moreover, at the reception dinner held by the palace, it''s easy to make jokes if you don''t say anything. However, no matter how well said, someone must implement it. No matter how efficient Saudi Arabia is, the plan may not work.


    Bao Zixuan: "Your Majesty, this problem is too big. For a moment, I really don''t know how to answer. After all, it is related to a country''s development outline. I don''t know much about the economic situation in Saudi Arabia and dare not make too much analysis. "


    Hearing that baozixuan didn''t want to answer, the king quickly gave Prince Sultan a look. Obviously, we can''t miss this opportunity.


    Prince Sultan smiled and said, "don''t be modest, Mr. Bao, as the most famous entrepreneur in the world; You can talk about the most successful entrepreneurial genius in combination with enterprise development. Today is a chat between friends, unless you don''t take us Saudis as friends. "


    For this reason, baozixuan knew he couldn''t refuse. Prince Sultan said he was chatting with friends, but he had no interests.


    Bao Zixuan: "then I''ll express my humble opinion. If what I said is wrong, I hope you won''t be surprised."


    "The oil industry chain can be extended. If Saudi Arabia wants to develop, it must establish a supporting oil industry system. Strive to earn every profit in the oil industry. Only in this way can we maximize the benefits. "


    Abdullah smiled and said, "although Mr. Bao''s statement is very reasonable. However, ocean transportation is still safer for crude oil, and the risk factor of transporting refined oil is very high. Moreover, the freight of petrochemical and other derivative products to other countries is higher than the production cost. "


    Steamed stuffed bun Xuan knows what he means. It seems that the ideas of the Saudis have not changed.


    Bao Zixuan smiled and said: "this is the importance of going out. Saudi Arabia only wanted to buy and sell oil before; Forget the economic benefits of oil and other derivatives. Indeed, I told you that the risk of transporting refined oil is very high, but have you ever thought about establishing oil production and processing bases in other countries? "


    "Or directly buy the existing oil bases in other countries and then upgrade them. In this way, Saudi Arabia can rely on its advantages in oil resources to improve the industrial chain and even control the oil supply of the whole Middle East. "


    "Saudi Arabia Investment Authority has purchased many company stocks before, but it is difficult to ensure the safety of investment in areas that it does not understand. The Saudi royal family has a large population and can send several capable talents to manage these enterprises. PwC and I have a good relationship and can be introduced to you. "


    This can indeed increase profits, but it is also a huge risk-taking behavior. Saudi oil has made other countries very jealous, and now it comes to harvest the supply of the whole oil industry chain. That''s not cutting off people''s money. It''s not very friendly.


    However, most companies in European and American countries are private. As long as the price is reasonable, the other party will still be willing to sell. At the same time, control the scale, but dare not set the price too high. The operability is still very strong. The most important thing is to let the princes have something to do. Not to be idle every day, and the PWC mentioned by baozixuan also means this.


    Controlling accounts is a prerequisite for going out and making profits. If you don''t manage well, the expenses of these princes alone can bankrupt the enterprise.


    As the rulers of the Saudi royal family, they know what their nephews are like. But every family is almost the same, and there is not much to say.


    In fact, Bao Zixuan also has selfishness and clearly gives advice for the Saudis. In fact, I want them to be the leading bird and take the cylinder for heiyun group. The oil industry chain attaches great importance to any country. If the Saudis want to step in, the threat of black cloud is not so obvious. The United States is a country with a knife for oil. Now Saudis buy domestic oil processing enterprises wantonly, and no one can imagine how it will end in the end.


    The bright future is already waving to the Saudi royal family. Now it depends on whether they will take it or not. It is very attractive for the Saudi royal family with money and no place to invest, and the probability of making profits in familiar areas of investment will certainly be greater.


    Abdullah: "after all, oil is a strategic resource. Will other countries open up the field of oil processing?"


    Steamed stuffed bun Xuan knows that there are still people who understand. Fortunately, he has been prepared early; He smiled and said, "there are still many poor people in the world, that is, there will be more countries with backward economic development. These countries use a lot of money and are bound to liberalize some areas to foreign investment. Otherwise, they have no money to invest. It''s better to feel at ease and collect more taxes, which is more in line with the national conditions. "


    "And at present, it is only one direction. If you want to go out, you should also choose places with relatively backward economy."


    Bao Zixuan said that everyone felt that they could try. It didn''t matter if they failed. They should buy a lesson. But once successful, Saudi Arabia will have more money, so that it will have a stronger voice and competitiveness in the world.


    And this method can be extended to the whole Arab world, so as to maximize the benefits of oil.


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