Chapter 846: Good intentions

Since the leaders of the competent departments are here, the groundbreaking ceremony of Loongson International naturally cannot be too shabby.

At the groundbreaking ceremony, not only several mayors and deputy mayors in charge of the economic field came to the magic capital, but even the magic capital media rushed to join in the fun.

When the media knew that the Loongson International invested by Lin Cheng actually entered the blank chip field in China, it suddenly set off a heated discussion like a storm.

There is no other reason, it is really that the chip manufacturing industry is too money-burning, even though Lin Cheng is the third richest man in the world, the media is still not very optimistic about Lin Cheng's investment.

However, when the public relations department of Loongson International announced at the news media briefing that Loongson International will invest 2.5 billion US dollars by US imperialism today's capital, Lin Cheng personally invests 2 billion US dollars, and Zhang Rujing's team invests 500 million US dollars, a total of 5 billion US dollars as the start-up capital of Loongson International, the media reporters were dumbfounded.

If Lin Cheng's investment in the chip field is a storm, then the three major shareholders of Loongson International have invested a total of 5 billion US dollars to build a wafer factory, which is really an earth-shattering effect.

At present, the exchange rate between the renminbi and the U.S. dollar is about 8.2 to 1, and the five billion dollars invested by these three major shareholders have been converted into renminbi, which is more than 41 billion yuan, which is undoubtedly an extremely huge investment.

Originally, the government of the magic capital was quite resentful of Lin Cheng, after all, Lin Cheng had huge investments in eastern Guangdong, Qilu, the Netherlands, Beijing, northern Hebei and other provinces and cities, but he missed the magic capital as the national economic center.

But Lin Cheng either does not invest, as soon as he invests, he will make a big satellite out, with an investment of more than 40 billion, and only as the start-up capital of Loongson International, it is foreseeable that Lin Cheng will have more investment in Loongson International in the future, which is undoubtedly very huge for the pull effect of the GDP of the magic capital.

Since Lin Cheng is so knowledgeable, the Modu government naturally can't help but give Lin Cheng face, so the mayor of Modu temporarily changed his itinerary and led several deputy mayors to attend the foundation laying ceremony of Loongson International.

……

After the groundbreaking ceremony at four o'clock in the afternoon, the leaders said goodbye to Lin Cheng and Zhang Rujing and left Loongson International.

However, when Wang Xudong, Minister of Information Industry, proposed to leave, Lin Cheng took the initiative to give Wang Xudong a ride.

With Wang Xudong's IQ, he naturally understood that Lin Cheng proposed to take the initiative to send him off, and he must have something to discuss with him, so he agreed to Lin Cheng's request, and the two got into the Audi official car together.

"Xiaolin, you offered to give me a ride, do you have something to tell me? Tell me, what is the matter?" In the back seat of the car, Wang Xudong smiled angrily.

"Wangbu, what I said may not happen, but for my country's high-tech industry, it is a real weakness, and I should pay off Wangbu to look at it carefully. Lin Cheng said with a solemn face.

"Oh, so serious?" Wang Xudong put away his smile and asked in a deep voice.

"Wang, as the main leader of the Ministry of Information Industry, I think you must have heard of the Wassenaar Agreement. After the end of the cold war, 28 countries, including 17 countries in Batumi, held a meeting of senior officials in Wassena, the Netherlands, in September 1995, at which it was decided to speed up the establishment of a mechanism for controlling the export of conventional weapons and dual-use goods and technologies to make up for the shortcomings of the existing control mechanism for weapons of mass destruction and their delivery.

Under the manipulation of US imperialism, in July 1996, 33 countries, mainly Western countries, signed the Wassenaar Agreement in Vienna, Austria, deciding to implement new control lists and information exchange rules from November 1, 1996.

Like Batumi, the agreement also contains two control lists, not to mention the military, but to talk about the list of dual-use goods and technologies, which covers nine categories, including advanced materials, material handling, electronic devices, computers, telecommunications and information security, sensing and lasers, navigation and avionics, ships and maritime equipment, and propulsion systems.

China, as the leader of the current global socialist camp, is undoubtedly the main country that bears the brunt of this agreement and is specifically targeted. Wafer chips are high-precision and cutting-edge technologies that can only be mastered by developed countries and regions in the world, and the agreement has set up many obstacles to prevent China.

Loongson International, which we established today, in order to circumvent the Wassenaar Agreement, deliberately introduced the capital of the United States imperialism today and Zhang Rujing, a Chinese-American, as major shareholders. Moreover, our Loongson International's registered place followed the international trend and chose the Cayman Islands.

The reason why we take the trouble to spare so many circles is nothing more than to reduce the official color of our country, so that Western countries think that Loongson International is not a state-owned enterprise, but a Sino-foreign joint venture, especially an enterprise with a larger proportion of foreign capital, so that we Loongson International can purchase and introduce foreign advanced technology and equipment in the global industrial chain. ”

Wang Xudong's face was a little unsightly when he heard Lin Cheng's words, two hours ago, when you Lin Cheng picked up the airport, he was ashamed to say what "China Core", but now he seems to be complaining that our government's support for Loongson International is too strong, this is not a set of people before and after people!

Lin Cheng's ability to observe words and expressions is still very strong, and seeing Wang Xudong's face is not safe, he hurriedly explained: "Wang, what I mean is not to reject official support, but to learn the profound lessons of Huajing and Huahong.

A few years ago, didn't our country carry out the 908 and 909 projects with great fanfare, but it was restricted by the United States imperialism, Japanese countries and other countries in terms of equipment and technology export control, and state-owned chip companies such as Huajing and Huahong have encountered the restrictions of the "Wassenaar Agreement" when purchasing equipment in the international market.

The export control of China by Western countries such as the United States and other Western countries has made China's semiconductor equipment manufacturing industry still have a gap of 2-3 generations with the international advanced level, which is about 10 years behind the international advanced level, and this has greatly hindered China's level upgrading in the production of the semiconductor value chain.

Lin Cheng's explanation finally calmed Wang Xudong's down, I have to admit that Lin Cheng's concerns are still very reasonable, when the country established Huajing, Huahong, and vigorously promoted the 908 and 909 projects, Wang Xudong, who was also the main leader of the Ministry of Information Industry at that time, also placed deep expectations on these two state-owned enterprises, and was full of confidence in their future development.

It's a pity that the good times didn't last long, and Huajing and Huahong, which were not long after their establishment, were restricted by the "Wassenaar Agreement" when they went to buy equipment internationally, and they could not buy the most advanced equipment in the world, so they could only buy the production capacity of Europe and the United States at a high price that had been behind for more than ten years.

Wang Xudong looked at Lin Cheng, nodded and said, "I understand, what you mean is that Loongson International does not exclude official support, but this support has to be changed from fanfare and openness to secret, right?"

Lin Cheng smiled: "That's right!"