268 New joint venture factory
Hu Yingxiang said with a smile: "In addition to you and me, Bao Yugang just promised me, but he just participated in leaving a name, and he would not invest too much, I heard him say that he is ready to donate to build a modern five-star hotel in the capital." ”
"Five-star hotel?" Xu Zhi recalled, it seems that there is such a thing in history, Bao Yugang felt that there was no modern hotel in the capital, so he proposed to donate 10 million US dollars to build a five-star hotel in the capital, it seems that he is ready to use this method to refuse the order request of a huge ship, but this matter also caused a very big dispute.
If it is just a donation of the hotel, there is naturally no problem, but Bao Yugang asked the hotel to be named after his father, which made many mainland officials hesitate and dare not accept the funds, because this kind of thing can be big or small, and one of the most luxurious hotels in Beijing is named after a capitalist, which is very outrageous under the current policy, and it was not until a year later that the top leader spoke, and the matter was decided.
"Okay, since Xu Sheng has agreed to invest together, then I won't bother. Hu Yingxiang stood up, he had already gotten the result he wanted, and now it was too late, so he naturally wanted to leave.
Xu Zhi also stood up and said with a smile: "Okay, then if there is any problem, after returning to Xiangjiang, Hu Sheng can come to me directly." ”
……
The next morning, at 8:40, the director of the health bureau of the fourth machine department rushed over in advance.
Director Wei took a sip of hot tea and warmed up. Xu Zhi handed over a cup of tea, the morning in winter is the coldest, although the director of the health bureau is in a high position and has his own car, but the state guest house is a special place, he can only get off at the door and follow the guards.
Director Wei smiled, "Thank you, Mr. Xu." ”
After taking a few sips of hot tea, Director Wei recovered a little and said, "Mr. Xu, regarding the color TV investment plan you proposed earlier, our government is one hundred and twenty welcome, but some questions still need to be confirmed. ”
Xu Zhi nodded and smiled: "Please speak." ”
"Mr. Xu, I don't know what the approximate annual output of this factory is?" asked Director Wei.
"The main equipment of the factory invested this time comes from the Wanwan factory, and the production capacity will not be lower than the previous amount, and it is estimated that it will produce at least 3 million color tubes a year. And the factories that assemble color TVs will not fall below this figure.
I am already preparing to close the RCA plant in Mexico, and this capacity will be relocated to the mainland in the future, and I am ready to manufacture the millions of radios and car radios that RCA sells in the US market every year. Xu Zhi said with a smile, this is a big bomb, a bomb in the future.
Director Wei was also taken aback by these "millions" and asked, "Do you want to put these in Deep Sea City for production?"
"At present, this is the plan, but the investment will be carried out in several phases, the first phase will be in Shenhai City, and if the policy changes in the mainland in the future, it is acceptable to accept sole proprietorship, and it is not impossible to invest in other cities in the mainland. Xu Zhi said with a smile, although the current Shenhai City is the most suitable for investment, but the future development direction, Xu Zhi knows clearly, as long as it is 86 years, the foreign investment law will allow sole proprietorship enterprises to take root in any city, at that time, the layout will have to be nationalized, not just stay in Shenhai City.
Mr. Xu continued, "Mr. Xu, although sole proprietorship is not allowed in the mainland at present, there are also benefits of joint ventures, as long as the joint venture is established, then its products will enter the mainland market for sale, and we also hope that investors can achieve a win-win outcome in the mainland." So I hope Mr. Xu will consider this proposal!"
"That's ......" Xu Zhi really pondered, but it was not whether to consider this proposal, but to think about why the other party suddenly took the initiative to open up the mainland market.
In the 80s, there was a shortage of foreign exchange in China, and the initial purpose of reform and opening up was to introduce foreign-funded factories, but it was not for you to make money in the mainland.
First, I hope that you can recruit workers in China, which can solve many employment problems for educated youth.
Second, I hope you can localize parts and drive state-owned enterprises that have fallen into operational difficulties.
Third, I hope that all your products are exported, and the country can earn foreign exchange balances.
Fourth, I hope you can leave the technology behind and let your domestic counterparts learn more.
What a way!
However, foreign capital is obviously not stupid, in the 80s, what attracted foreign capital was the spending power of a billion people, but it was too difficult to enter this market. If we follow the mainland government's routine, the only advantage of foreign investment in China is to obtain cheap labor, which is okay for a dense light industry like Hong Kong capital, but the real foreign industrial giants do not agree at all, because their investment is in the hundreds of millions of dollars, and they pay more attention to risks when considering.
So later there was a joint venture policy, the mainland side accounted for 51%, and then it was necessary to control the foreign exchange balance, the number of exports must exceed domestic sales, and there would be no loss of foreign exchange in the mainland, so that it could also enter the mainland market, and SAIC Volkswagen was the product of this law.
In this environment, a foreign company comes to invest in the construction of factories, and all the products are ready to be exported, but the government is suddenly willing to open up the domestic market, which is not "happiness came too suddenly".
"Then I don't know how big the domestic market can be?" Xu Zhi asked tentatively, at this moment, sales in the mainland can only rely on channels under the planned economy, otherwise, without the order of the superiors, not a single transport truck can be found.
Director Wei opened his palm and said, "500,000 units." ”
"It's too little!" Xu Zhi finally knew the other party's plan, shook his head and said: "Director Wei, our Midea factory has a production capacity of more than 3 million units in the first phase of the year, and the mainland only provides 500,000 units for sales in the case of joint ventures, isn't this fair?"
If a joint venture is carried out, and the mainland does not open up the market enough, it is equivalent to giving up half of the company's future equity, although this is only a stake in the factory, but the share of exports is significantly more, and with half of the shares, the mainland government can obviously get more foreign exchange.
Director Wei said with a smile: "Mr. Xu misunderstood, we don't need to make a joint venture with Midea's factory in Shenhai City, but consider building a TV manufacturing plant in other inland cities, and this joint venture factory will distribute equity in accordance with the current law, and then we set half of the products to be exported overseas, and the other half will be sold in the mainland, so that each takes what it needs, what does Mr. Xu think?"
"This method is okay, but I want to know why?" Xu Zhi nodded and asked: "Opening up part of the mainland market will always reduce the government's foreign exchange income, which doesn't seem cost-effective, right?"