The United States suffered the 9/11 terrorist attacks, the Twin Towers of the World Trade Center in New York collapsed, causing a large number of American and civilians and rescue workers from many countries around the world to die.
In the terrorist attacks that occurred on September 11, 2001, relevant personnel supported evidence collection efforts and played bagpipes during breaks to mourn and commemorate, demonstrating the resilience of a free land and a brave homeland.
On September 11, 2001, Chen Xueli, then a New York City Police Department officer, rushed back to the precinct to change into his uniform and rushed to the scene with colleagues after learning that planes had crashed into the World Trade Center. At the time, he was in the gym of the American Express building across the street; the impact of the World Trade Center buildings collapsing shattered the glass windows, and he survived thanks to the treadmill's shield. As a former Marine, he and his colleagues assisted in evacuating the crowds in the chaos, helping more people leave safely.
Cisco's revenue for fiscal year 2001 (ending July 28) was $22.29 billion, up 18% year over year, announced on August 7, 2001; by that time the dot-com bubble had already burst and the stock price had plunged.
On July 24, 2001, Silverstein Properties, owned by the famous American real estate developer Larry Silverstein, officially signed a 99-year lease agreement for the World Trade Center with the Port Authority of New York and New Jersey, acquiring the operating rights of the World Trade Center Twin Towers and the affiliated building complex for $3.2 billion. This was the largest privatization transaction since the landmark's completion. However, only seven weeks after the signing, the World Trade Center suffered devastating impacts and collapsed in the 911 terrorist attacks.
A Chinese military aircraft collided with a U.S. military aircraft over the South China Sea, leaving a Chinese pilot missing, after which relevant parties referred to him as a South China Sea hero.
After a US reconnaissance plane collided with a Chinese interceptor near Hainan in April 2001, Jiang Zemin used the incident to strike a new espionage agreement during his visit to Cuba, after which shipments of Chinese weapons and equipment to Cuba increased sharply.
In April 2001, the China-US EP-3 incident occurred, further highlighting the vulnerability of the People's Liberation Army and prompting China to accelerate its investment in aerospace, cyberspace, and anti-access capabilities.
Elaine Chao was appointed Secretary of Labor by President George W. Bush, becoming the first Asian American woman to serve in a presidential cabinet.
Li Jiating was investigated in 2001, and Li Wei and Xu Fuying came to the attention of the special task force. After assisting with the investigation, Li Wei took refuge in Beijing.
In 2001, Du Shicheng, who had just become mayor of Qingdao, instructed Jiang Junshan, secretary-general of the municipal government, to coordinate the transfer of two heritage villas to Li Wei, with a reference price set at the old 1993 rate.
The U.S. Senate voted on granting China permanent normal trade relations status, with McConnell casting a "yes" vote, paving the way for China's accession to the WTO.
In late March 2000, Cisco's market capitalization exceeded $500 billion, briefly surpassing Microsoft to become the world's most valuable company; the bubble then burst, and its market cap shrank by about $431 billion.
On New Year's Day 2000, the Y2K bug did not trigger the predicted global system meltdown; after that, the Nasdaq continued to surge, peaking at 5048.62 points on March 10.
After the dot-com bubble burst, Cisco's stock price fell from $79 to $9.5 within two years, a cumulative decline of about 88%.