Chapter 588: Isn't this a clear robbery
"Xiao Feng, you came back just in time. ”
Equipment Industry Company, Luo Xiangfei said this when he saw Feng Xiaochen's face.
Feng Xiaochen pretended to be pitiful and said, "Mr. Luo, what I am most afraid of is your words. Actually, I came back for a vacation this time, and I came to the company today, mainly to send you some hazelnuts from the Northeast, and I will go back to build blocks with my daughter after sending them. ”
Luo Xiangfei has been dealing with Feng Xiaochen for so many years, where does he not know Feng Xiaochen's little bit of flowery intestines, he said with a smile: "It doesn't affect your vacation, I originally planned to let Wang Genji deal with this matter, since you are back, I will accompany him to do it." As you know, Xiao Wang is not convinced by anyone in this company, so he will obey you. ”
"Then I really have to thank him for his favor. Feng Xiaochen said with a smile. He was borrowed to the Yubei Revitalization Working Group this time, and in principle, he could leave the work of the equipment company alone, but with the relationship between him and Luo Xiangfei, how could he stand idly by and watch when he encountered something? Besides, before he went to the revitalization working group, Luo Xiangfei had already told him that he was asked to go to Yubei this time to brush up his qualifications, and after he returned, he would take over Luo Xiangfei's post and serve as the general manager of the Equipment Industry Company. In other words, the matter of the equipment company is Feng Xiaochen's own business, how can he escape it.
"What's the trouble again, is Lao Wang still unsettled?"
After the joke, Feng Xiaochen still returned to the topic.
"It's really a troublesome thing, and if it is not handled well, all the work we have done in the past will be in vain. Actually, even if you don't come back this time, I'm going to call you and ask you to come back. Luo Xiangfei said.
"So serious?" Feng Xiaochen's expression became serious.
Luo Xiangfei flipped through the table, found a document, handed it to Feng Xiaochen, and said, "Just look at it, the matter is much more serious than you imagined." ”
Feng Xiaochen took the document, only glanced at the title, and his face sank, only to see that the title read:
"Report on the Joint Venture between Qinzhou Heavy Machinery Factory and Sanli Steel Institute of Japan".
"Nonsense, Qin Zhong is doing a good job, why do you want to engage in a joint venture with the Japanese!" Feng Xiaochen almost wanted to slap the table and scold his mother.
"Look down. Luo Xiangfei said lightly, obviously, he was also quite unhappy about this matter, maybe he had slapped the table before, but now he seemed relatively calm.
Feng Xiaochen flipped through the report at a glance, and the report was sent by the Northwest Provincial Economic and Trade Commission to the State Economic and Trade Commission, which roughly means that in order to respond to the state's policy of opening up to the outside world and bring in line with international standards as soon as possible, the Northwest Province has actively carried out large-scale work to attract investment, and has made significant progress. This major development is that Japan's Sanli Steel Institute has put forward a request to the Northwest Province to take a stake in Qinzhong, and is willing to exchange a 51% stake in Qinzhong at a price of 170 million US dollars to transform Qinzhong into a Sino-Japanese joint venture.
"Isn't this a robbery?" Feng Xiaochen put down the report and said hatefully, "This report says that Qin Chong's net asset value is 1.4 billion yuan, which is converted to 160 million US dollars. The Japanese invested 170 million yuan, accounting for 51% of the equity, which seems quite fair and reasonable. However, Qin Chong is the backbone enterprise of metallurgical equipment that we have spent a lot of effort to cultivate, and the value of the technology introduced over the years alone is more than 100 million US dollars, and there are so many experienced engineers and nearly 10,000 skilled workers, these are all intangible assets, why haven't they counted them?"
Wang Genji has already talked to the cadres of the Northwest Provincial Economic and Trade Commission, and the other party said that Sanli will also bring their technology and management experience, as well as Sanli's brand, which can also be counted as intangible assets, so we do not suffer. Luo Xiangfei said.
"Sanli is willing to transfer all of their core technologies to Qin Chong?" Feng Xiaochen asked in a sarcastic tone.
Luo Xiangfei sneered: "How is this possible? According to the usual practice, after a foreign-funded enterprise has a joint venture with a Chinese enterprise, it will only bring the technology of one or even two generations backward to China for production, and it is impossible to bring the latest technology over, which is a means for them to protect their core competitiveness." ”
"Isn't this enough?" Feng Xiaochen said, of course Feng Xiaochen knew about the convention that Luo Xiangfei said, which is why he did not recognize the so-called Sanli intangible assets.
"Sanli is a generation behind the technology, we don't need it at all. After all these years of development, there is no generational difference between Qin Chong's technical level and Sanli's, so why do we need to accept their technology that is a generation behind?" Feng Xiaochen said.
Luo Xiangfei said: "The most important thing is that even if they can come up with more intangible assets in exchange, we can't hand over Qin Chong. Now our metallurgical equipment, that is, Qinzhong and Puhai Heavy Machinery, the two backbone enterprises, if Qinzhong is controlled by Japanese capital, we will return to the situation of being controlled by others in terms of metallurgical equipment. ”
Feng Xiaochen said: "Yes, isn't this truth very clear? Didn't the Economic and Trade Commission make it clear to the Northwest Province?"
Luo Xiangfei sighed: "Why didn't you say it, Director Li of the committee specially called the leaders of Northwest Province to communicate about this matter." However, the other side said that now that the country is in the process of resuming customs negotiations, the international community requires us to open up the market, and the government should not interfere too much in this kind of joint venture between enterprises. ”
Feng Xiaochen couldn't cry or laugh: "My day, they can actually explain from such a height, and they are not afraid of flashing their waists." ”
The so-called resumption of customs relations refers to China's application for the restoration of the status of a member of the GATT. The GATT is a multilateral agreement on tariff concessions and international trade rules reached by dozens of countries after World War II, referred to as GATT, and China is one of the founding signatories. When the People's Republic of China was founded, the status of the signatory party was stolen by the Taiwan authorities, and the following year it announced its withdrawal from the GATT. In the decades that followed, Taiwan remained in the GATT as an observer, and the Chinese government has not been able to reinstate its status as a signatory.
In 1986, China formally submitted an application for the restoration of GATT signatory status and began lengthy negotiations on "resumption of GATT". During this period, there was also a reversal in Sino-US relations at the end of the 80s, which led to a stalemate in the resumption of the GATT negotiations. It was not until early 1993 that the United States resumed negotiations with China. At this time, the scale of China's foreign trade has reached a very high level, and this signatory status is urgently needed to ensure stable trade relations with other countries, which makes the term "customs resumption" one of the most popular economic concepts nowadays.
Since the discourse power of the GATT is in the hands of Western countries, especially the United States, these countries have put forward harsh conditions for China's resumption of GATT, including requiring China to formulate a unified trade policy, expand trade freedom, eliminate non-tariff barriers, and promise to implement a market economy. In order to be able to achieve the resumption of GATT, China has had to make a lot of concessions and open up a part of its market in accordance with the demands of Western countries in order to show its sincerity for free trade.
However, Feng Xiaochen knew that this marathon negotiation on customs resumption was not successful in the end. On 1 January 1995, the World Trade Organization (WTO) was established, and on 1 January of the following year, the GATT was abolished.
In order to meet the requirements of the GATT and the subsequent WTO, China carried out large-scale market-oriented reforms, and also paid many trade costs. However, when China finally succeeded in "joining the WTO" and mastered the WTO rules, it gradually became a leader in world trade, and "Made in China" swept the European and American markets, forcing these countries to hold high the shield of trade protection, as if they were the same as China in those years.
At this time, China was still in the groping period of resuming GATT and was in awe of various international rules, and of course, some Chinese people took advantage of this to fish in troubled waters and betrayed their national interests under the banner of supporting GATT. It is inconvenient for Feng Xiaochen to guess whether this decision of the Northwest Province was made out of ignorance or deliberately, but one thing he is very clear about is that whether it is the resumption of customs relations or accession to the WTO, we must not trade with the country's pillar industries, otherwise what is the significance of this resumption of customs clearance?
"Here in the Northwest Province, they also have their difficulties. Qin Chong's business situation in recent years is not too ideal, can only barely maintain the break-even state, Northwest Province is also worried that Qin Chong will repeat the mistakes of Yubei Heavy Machinery, so he wants to take advantage of Qin Chong's vitality to quickly find a buyer for a joint venture. Of course, there are also political performance considerations in this. Luo Xiangfei introduced to Feng Xiaochen.
"What are the considerations of the committee?" Feng Xiaochen asked.
When he said "commission," he naturally meant the State Economic and Trade Commission. Qin Chong has been placed under the management of Northwest Province, but it is still a backbone enterprise that the State Economic and Trade Commission focuses on, and the disposal of Qin Chong must be nodded by the Economic and Trade Commission. The Equipment Industry Company does not have any affiliation with Qin Chong, but only belongs to business guidance, so it has no right to interfere in the decision-making of the Northwest Province. The State Economic and Trade Commission handed over this matter to the equipment industry company to handle in the hope that the equipment company would be able to find some better way to solve this problem, so that the State Economic and Trade Commission would not have to use administrative means.
Luo Xiangfei said: "The meaning of the committee is the same as ours, Qin Zhong is a backbone enterprise of metallurgical equipment, and it must not be handed over to the Japanese to hold it." If we have a controlling stake and the Japanese have a stake, that's fine. However, judging from the materials in the Northwest Provincial Newspaper, Sanli Steel Institute is determined to win Qin Chong, and they will definitely not agree to give up the controlling stake, and the Northwest Province is inclined to give up the controlling stake out of consideration for retaining the Sanli Iron and Steel Institute. ”