Chapter 152 Law on Sino-Foreign Equity Joint Ventures

Beverly Hills belongs to a city within a city in Los Angeles, and Flamingo, Galaxy Network, and Sun Computer Systems are all located in Los Angeles, which is convenient for Li Zetian to manage, and he visits the company every week to do guidance work. Pen ~ fun ~ pavilion www.biquge.info

As for Roche Pharmaceutical, Genentech, Microsoft, Intel, Oracle, Netflix, Panda Fast Food, Star Wars Movies, Industrial Light & Magic and other companies are already on the right track, and there is no need for Li Zetian to intervene too much. These companies on the right track have all brought him huge profits, especially Roche Pharmaceutical, as a world-class pharmaceutical company, with a net profit of more than $1 billion a year, but in order to develop new drugs and new technologies, most of the funds will be invested to solve human diseases and prolong life. After Qin Shi Huang unified China, he longed for immortality. Although Li Zetian does not have such unrealistic ideas, he also hopes that he can rely on advanced medical technology to prolong his life and live for a few more years. It's just human nature.

In 1977, Genentech synthesized a brain hormone, growth hormone inhibitin, which impressed the academic and business circles, and in 1978, it synthesized human insulin, and in 1979, it successfully cloned growth hormone. Biogenetic engineering has become the hottest topic nowadays. The three cutting-edge technologies of the 21st century are: genetic engineering, nanoscience, and artificial intelligence. Li Zetian's investment in Genentech naturally spared no effort and recruited more scientists with high salaries.

Microsoft and Intel have started a rapid take-off mode with IBM's big thick legs, and both monopolize the 16-bit computer market, and with the expansion of the personal computer market, the revenue will be higher and higher.

In addition, Oracle's Oracle database software quickly became one of the best-selling software in the business, with revenue of $7 million in the first quarter and $14 million in the second quarter of this year, respectively.

Netflix is growing fast, and a Netflix rental store opens almost every day. However, the cost of setting up each store ranges from $100,000 to $500,000, and the stores are basically leased, and if they are bought, Netflix will be too slow to expand due to financial problems. With 60,000 employees and more than 9,000 stores in 2004, Netflix is nothing compared to Blockbuster. Even if Netflix builds a rental and sales store in a day, it will take more than 20 years to reach this scale.

The panda fast food restaurant is still steady, only opening one branch almost every month, and all of them are self-operated. When Americans get used to Chinese fast food, they can expand quickly. Up to now, Panda Express has 72 branches.

As for Star Wars Films, which is now working on a second Star Wars film that will be released in 1980, there is no doubt that the film will be another box office hit, generating more than a billion dollars in revenue for the company.

In this life, George Lucas did not obtain the copyright of "Star Wars", and his income was greatly reduced, and Industrial Light & Magic Company has been spending a lot of money to develop special effects technology, and at present, he only makes special effects for "Star Wars", and he can't make any money at all, so he needs George Lucas to pay for it. George Lucas didn't even have the money to make a movie, so how could he give money to Industrial Light & Magic, so he chose to sell 50% of his shares to Li Zetian. Now, Li Zetian is a wholly-owned ILM. ILM has a computer animation department with a total of 44 employees, which is the predecessor of the famous Pixar Animation Studio!

This year, Li Zetian was a little short of money, although he sold Apple and Sunbird, but he also bought Roche Pharmaceutical, Genentech, Intel (processor), Industrial Light and Magic, and then established Flamingo, Galaxy Network, Sun Computer Systems, so there is still less than $100 million left in the deposit.

At this time, Yu Jingshan looked excited to discuss his investment in China.

"Zetian, look at this news: 'On July 8, 1979, Chinese mainland promulgated and implemented the first law on the use of foreign capital -- the Law on Sino-Foreign Joint Ventures, allowing foreign capital to enter the mainland to establish Sino-foreign joint ventures.'"

Li Zetian was also shocked in his heart, so he could enter the Chinese mainland market!

The current Chinese mainland seems to be an uncultivated virgin ~ female land, full of gold!

"Dad, are you planning to let Panda Restaurant Group enter China?" asked Li Zetian.

"Yes, in addition to establishing a panda fast food restaurant, hotels and supermarkets are also in my consideration......" Yu Jingshan nodded, but as soon as he finished speaking, he suddenly thought of something, frowned again, and after a while, said: "It's just that I'm worried that Chinese mainland's policy will change day and ......."

Yu Jingshan, like other foreign businessmen, is eager to enter Chinese mainland, but also worried about policy issues, so he has a wait-and-see attitude!

Li Zetian smiled very firmly and said: "With Old Man Deng in charge, I believe that China's politics will be very stable and the economy will develop rapidly." Now is the dawn of China's reform and opening up, and whoever can take the lead and seize the Chinese mainland market will benefit the most! Dad, this opportunity cannot be missed! Even if you borrow money, you must invest in the Chinese market!"

"You mean, go to China as soon as possible to invest!"

"Yes, but," Li Zetian nodded, "I'm busy with the American company now, and I can't spare time to go to China." ”

"It's okay, I'll just go. Yu Jingshan waved his hand and said.

"Dad, Quanjude roast duck is loved by heads of state, government officials, people from all walks of life and domestic and foreign tourists, and is known as 'China's first food'. If you go to China this time, you might as well invest in Quanjude Company, establish a Sino-foreign cooperative company, and include Quanjude Roast Duck in the recipe of Panda Fast Food, or even introduce it to the United States, so that Panda Fast Food's Quanjude Roast Duck PK KFC Fried Chicken!"

Yu Jingshan's eyes lit up, and he nodded, "Hehe, this is a good idea!!

Li Zetian does not know much about the environment of Chinese mainland, but he knows the whole general trend, the spring breeze of reform and opening up is blowing all over the land of China, and China's economy will enter a stage of rapid development that all countries in the world cannot help but be moved by.

At night, Li Zetian has been tossing and turning in bed, thinking about how to invest in Chinese mainland in the future.

When he thought that most of the industries under his name were high-tech, it was not suitable to enter Chinese mainland now, which was really depressing!

"After the Flamingo home game console is developed, let's build an electronic foundry, and the cost of Chinese workers is very low......"

At 8 o'clock the next morning, Yu Jingshan left, preparing to leave for Chinese mainland with great expectations. In fact, at this time, many Chinese's concept has not changed, believing that foreign businessmen belong to the capitalist class and want to corrupt China, and even many officials hold this concept. As a result, the investment may not be carried out smoothly. For example, China's first Sino-foreign joint venture hotel, the Jianguo Hotel in Beijing, was built with twists and turns. At that time, someone proposed to the State Administration of Tourism a plan for building a Sino-foreign joint venture tourist hotel, but the State Administration of Tourism could not make the decision, so the report was sent to the State Council, and the State Council could not decide, so the report was sent to the top level of the central government for decision. As a result, on such a simple report on whether to build a hotel or not, there were 17 senior leaders who gave instructions or drew circles. Deng led the attitude clearly, Chen and Li also drew circles, and finally the chairman of the Party Central Committee and the premier of the State Council personally made the decision: "We have no experience in building a joint venture hotel, but we can give it a try." If it succeeds, it can be promoted, but if it doesn't, that's it!" However, even so, the construction did not go smoothly, and there were always people who came to make trouble, and the fence erected during the day was torn down at night. Directly led to the Deng leader read the report and put pen to paper and approved 11 words: "If it is reasonable, it must not be troublesome, let alone unreasonable?" This stopped the turmoil this time.

Yu Jingshan is destined to suffer a little, but whether it is a fast food restaurant or a hotel, the government must support it, although the process is tortuous, but the result is beautiful, and you can make a lot of money!

Sure enough, it didn't take long for Yu Jingshan to make a phone call to Li Zetian, saying that the investment in the establishment of Sino-foreign joint ventures was blocked, and although the "Sino-Foreign Joint Venture Law" was relied on, the officials did not dare to make a decision, saying that they wanted to consult the higher-level leaders, and then the higher-level leaders had to ask the higher-level leaders for instructions, but the instructions were not completed for two weeks.

Li Zetian comforted Yu Jingshan for a while and asked him to wait.

Li Zetian also ran into trouble at this time, IBM asked Intel to license the 8086 and 8088 microprocessors to AMD for production, and found a very bad excuse, saying that Intel had insufficient production capacity. Isn't it possible for Intel to expand its production capacity if it lacks production capacity, and it has to be licensed to other semiconductor companies for production? Obviously, IBM just doesn't want Intel to monopolize the microprocessor business, and it will be difficult to control it. Moreover, Intel competes with AMD, and IBM just profits!

So, Li Zetian went to Intel to attend a high-level meeting.

After arriving at the company, he went straight to the conference room.

Seeing Li Zetian push the door in, everyone stood up, nodded and bent down to say hello, Li Zetian also nodded at them, went straight to the first place and sat down, and then looked at Andy Grove, CEO of Intel on the side, and motioned for him to speak.

Andy Grove said: "In the current situation, everyone knows that IBM is forcing Intel to cooperate with AMD to make AMD the second supplier of 8086 and 8088 processors, so as not to let Intel dominate and get rid of IBM's control. What do you think about that?"

The crowd was angry, and their faces were full of anger.

No one made a suggestion, though.

This is a tricky question, and Intel must agree to this condition if it wants to continue to hug IBM's thighs.

The atmosphere in the conference room was a little depressing, and at this time, a Chinese engineer who was close to him said: "I don't think we have a choice but to agree to IBM's request for the time being, but we can ask for an increase in the licensing fee to compensate." In addition, Intel's 8086 and 8088 microprocessors are suspected of monopolizing the market, and may be subject to an anti-monopoly investigation by the U.S. Department of Justice and authorized to AMD.

The crowd was thoughtful.

Li Zetian thought of his previous life, and felt that what he said was very reasonable, although he was not angry in his heart, but there was no way, when Intel and Microsoft were strong in the future, he could not bird IBM.

"Wei Xiuping said very well, do you have any other suggestions?" Li Zetian's expression was unwavering, although he agreed with Wei Xiuping's proposal in his heart, but if he listened to it, he would be clear, and if he believed it, he should still listen to more opinions. At the same time, it also makes others in the room feel valued.

However, everyone felt that Wei Xiuping's proposal was very good and agreed with it.

Li Zetian said: "Then according to what Wei Xiuping said, agree to IBM's request!"

PS: Dizzy, can't write, I'll make it up tomorrow.