The trade negotiations between China and the United States have entered a difficult stage, and for both sides, after finalizing the framework for cooperation, it is the most difficult time for the work.

Within the framework of cooperation is the battlefield where negotiators can play, and every clause and every word can be put on paper and become a specific clause of the agreement after repeated weighing, arguments and contests.

And some content that cannot be written on the clause has also reached the ears of the relevant responsible persons of China and the United States through certain channels.

Contrary to the norm, China has opened up a considerable part of the market in the financial sector, which has always been strictly guarded, and allowed the US to settle down before China joins the TO. After the Chinese side joined the TO, these American companies also have preferential treatment from China in terms of management and photography.

Judging from the current level of capital in China and the United States, such conditions are somewhat unequal. U.S. financial capital has been able to enter China, and although it has not yet been able to enter the securities and credit industries unscrupulously, it has extended its tentacles into several open coastal cities.

Once China was able to enter the TO in 1995 as promised, China would be obliged to implement the timetable for the opening up of the financial sector in accordance with the agreement signed today.

By 2000, China will completely lift the ban on foreign financial institutions doing business in China. With the approval of the China Banking Regulatory Commission, foreign banks will be able to conduct a full range of foreign exchange and renminbi business throughout China, including credit for personal consumption and micro enterprises......

As for entering the securities industry and opening a securities company, this situation is uncertain for the time being, and the two sides have decided to put the discussion on hold until after China joins the TO in 1995.

Similar to the opening up of the financial sector, there are several other very important industries that have been put on the altar in China.

For example, the Chinese side listed GM and Ford on the Chinese government's official car purchase list, completely ignoring the fact that Audi had cried and fainted in the toilet in Wolfsburg. By the year 2000, Chinese imports of passenger cars will no longer be subject to frighteningly high tariffs.

In addition, the daily chemical market has been completely abandoned, and American capital is allowed to establish wholly-owned or joint venture daily chemical enterprises in China.

The same treatment as the daily chemical market, as well as the medical equipment field and the drug market. There will be no restrictions on the import of medical equipment, and U.S. drug manufacturers will enter China's list of imported drugs. Tariffs on imported drugs are exempted or exempted, and at the same time, drug intellectual property rights are strictly enforced in China, and domestic pharmaceutical companies must pay patent fees for the production of U.S. patented drugs.

Of course, the text of the agreement does not say that it will take care of the pharmaceutical sector exclusively. Of course, intellectual property rights in other industries should also be supported, and there is absolutely no problem with this attitude.

China will purchase a large amount of US agricultural products, including soybeans, cotton, corn, and aquatic products, within the $50 billion list.

At least until 1998, China has pledged that the scale of agricultural imports will not be reduced.

At the same time, China has liberalized import controls on audio-visual products, and imports a number of Hollywood films and other cultural products every year. U.S. film companies are allowed to enter China-invested cinemas, and in principle, U.S. capital is allowed to hold 51% of the shares in cinemas.

Cummins is allowed to enter China, and U.S. companies are allowed to enter China's power equipment procurement catalog......

There is no need to wait for China to join the TO, and these industries will implement the policy of opening up no later than New Year's Day in 1992 after the signing of the trade agreement between China and the United States.

Basically, it's not that the child is shouting that the wolf is coming, but that the wolf has arrived at the door and is about to open the door.

Daily chemicals, medicine, after learning the news through some channels, the industry is already full of mourning.

The problem of agricultural products is not serious, and in any case, China's grain is still in a serious state of shortage for the time being. The audio-visual industry is a scumbag anyway, and without wolves, it will starve itself to death.

However, Cummins' entry into China is a big test for Huaichai. However, Hu Wenhai introduced the 1163 engine from MTU that year, so he helped Huaichai and the Ministry of Railways to get in touch, and China Railway Construction Investment is also one of Huaichai's investors. With this layer of relationship, plus Huaichai has already digested the technology of Steyr D615 at this time. Therefore, on the surface, he was not timid at all, showing his arms and rolling up his sleeves, planning to have a fight with Cummins first.

If it is open, it will be open, and it is not yet certain who will die. Huaichai himself also feels that only by withstanding Cummins in China can it be shown that Huaichai has the ability to go global.

China only cares about opening up the market, and if Cummins itself can't beat Huaichai, we can't blame it, right?

As for power equipment, this country is a hole dug for the Americans. After all, there is only one user, China Power Grid, and when the domestic situation rises, there is no pressure to say that they will turn around and kick out American companies in minutes.

The specific news of the negotiations was transmitted back to China through various channels, and after some careful analysis. Although the two industries of daily chemicals and pharmaceuticals have been hit the hardest, the market demand is not small. For a while, it's not like you're going to die. What is the future, how much do you think it should be able to be rescued.

But another industry that has fallen into the abyss may not be so lucky.

In the magic capital, Wang Rongjun has just finished participating in a mobilization meeting of a Poussin domestic parts manufacturer.

At this stage, the meat that is easy to gnaw in Poussin's localized accessories has been almost divided. The remaining pile of bones, these supporting enterprises in the auto parts system, have a lot more careful thinking.

Historically, it took ten years for the localization of Poussin, and from 1985 to 1990, 70% of the parts were localized. Then the remaining 20% took another five years, and it was not until 1995 that more than 90% of domestic parts were reached.

This time, the progress of Poussin's localization is much faster. But so far, there is still a 15% gap between the 90% target. The remaining 15% is undoubtedly the hardest part.

When eating meat, scramble to be the first, and gnaw on the bones, of course, others must be in front.

In this way, one can imagine what the situation will be like this mobilization meeting.

"Mr. Wang, more than 100 tires sent by CHINT this time were unqualified, and they exploded directly during the hub test. You see, the rubber on the outside and the cord on the inside are completely detached, and they can solve this kind of problem!"

Gu Sanmin, the deputy manager of the quality inspection department, stopped Wang Rongjun, who sneaked out of the venue, holding a stack of photos in his hand, and his voice couldn't help but get excited.

Wang Rongjun took the photos in his hand, frowned and looked at them one by one silently, and said in disbelief: "Is this true? Their vulcanization process is a foreign technology that I helped them introduce, so there shouldn't be such a problem, right?"

"It's a production management problem!" Gu Sanmin jumped to his feet and sighed: "The rubber and the cord are taken off, you see here, here, it is simply the stress outbreak caused by the substandard process." If it is a matter of raw materials and technology, it will not be a disengagement situation. ”

"After the accident, I arranged for someone to inspect all the tires of this batch, and the failure rate was 12%, what do you think?"

"Retreat, retreat. Wang Rongjun thought about it and said with some hesitation.

"Just retreat?" Gu Sanmin was stunned for a moment, and then said: "Mr. Wang, this is not the first time that Zhengtai has had problems. You are not unclear about the results of tire punctures, which is our strict quality inspection. Have you ever thought about what would happen if this batch of tires went out to the market? ”

"I know ......"

Wang Rongjun nodded, some words were really unspeakable.

Chint Rubber Factory is a subsidiary enterprise of the Magic City, doesn't Wang Rongjun know that there is a problem with Chint products? But returning the products is already the limit of what he can do.

If it was two years earlier, Wang Rongjun wouldn't even have the right to return the goods. Because of the return of goods, the leader of the parts factory dared to run to his office and slap the table. The local senior leader even called him and asked him: Why don't you want to produce good products? Do you know how much we have invested in supporting you!

In order to be able to return the substandard products, instead of digesting them by the joint venture Modu Volkswagen itself, Wang Rongjun fought a lawsuit with these supporting factories for a while. Fortunately, the leaders of the Demon Capital supported him, and now the Demon City public has obtained the Shang Fang Sword that can be returned.

This was almost inconceivable in the domestic industrial system before the 90s.

But the situation is different for CHINT, everyone is the son of the Modu Industrial Bureau, and this board is not easy to play too heavy.

It's okay to return the goods, but the kind of treatment that Gu Sanmin wants......

Hey, Wang Rongjun could only shake his head.

"Sanmin, I know that the burden of your quality inspection is heavy. He patted Gu Sanmin on the shoulder, was silent for a moment and said, "I will have a good talk with Zhengtai in a while, so that they try not to have this kind of problem again." They are all their own people, and thousands of workers in Zhengtai can't be killed with just a stick. How about you work hard and give CHINT another chance?"

Seeing Wang Rongjun say this, Gu Sanmin's excited eyes gradually dimmed. He pursed his lips and nodded dejectedly. He was a technical engineer and had a very small say in procurement. If you don't accept your reaction, there is not much you can do. Instead of fighting to disgust the leader, it's better to work overtime yourself.

"I know Mr. Wang, I will keep an eye on Zhengtai ......"

Before the two of them could finish their words, another voice suddenly ran from a distance.

"Mr. Wang, Mr. Wang!" came Ye Ping, the Chinese vice president of the Demon Capital Volkswagen, who then took two breaths and loosened his meticulous tie, so that he could finally speak.

He didn't look at Gu Sanmin next to him, his eyes glared at Wang Rongjun and said, "Mr. Wang, I received the news." In the Sino-US trade negotiations, the domestic passenger car market will be opened to American auto companies!"