Chapter 1911 Chinese United Fund

Exports, investment and consumption are known as the three carriages that drive economic growth, and for a long time, foreign capital is an important part of China's economic investment. Including Hong Kong, Macao and Taiwan, the proportion of overseas Chinese investment in the total foreign investment is about half, which shows the importance of overseas Chinese investment to China's economy.

In another time and space, after '98, overseas Chinese investment in China decreased for a time, and the proportion of overseas Chinese investment gradually declined, and it was not until six or seven years later that it recovered. There are many reasons for this: On the one hand, China has intensified its efforts to open up to the outside world, and a large number of multinational corporations have invested in China; on the other hand, due to the impact of the financial crisis in '97, Chinese businessmen from Hong Kong, Macao, Taiwan, and Southeast Asia have suffered heavy losses, but when they have recovered their temper, they have also re-increased their investment in the hinterland, and at its peak, overseas Chinese investment accounted for about 70 percent of the total investment of foreign businessmen.

In this time and space, since 94 years, Bao Feiyang has gradually established a relatively close cooperative relationship with overseas Chinese businessmen through Fang Xia and Tang Sheng. In the Mexican financial crisis, Bao Feiyang helped the Tang family and other Chinese consortiums to escape, especially the Tang family, when Mexico was hit by the financial crisis, the Tang family, which was based in Mexico, not only moved to the United States to avoid losses in the crisis, but also took the opportunity to make a lot of money, and became the top consortium among overseas Chinese businessmen.

Under the exemplary role and help of the Tang family, the overseas funds controlled by Fang Xia cooperated with Chinese business capital, and in the Southeast Asian financial crisis in 97, most of the Chinese businessmen who had a close relationship with Fang Xia made arrangements in advance. Although the impact of the crisis has always been inevitable for many Chinese business families rooted in Southeast Asia, due to the early response, timely sales of some industries, reduced investment in Southeast Asia, and increased holdings of US dollars and gold, losses have been avoided to the greatest extent. Therefore, although these Chinese businessmen have been affected somewhat, the impact is not great, and their investment in China in the past two years has not been affected, and has even become more active.

For Chinese businessmen in Southeast Asia, the financial crisis has plunged Southeast Asia's economy into a trough, and it will take a long time to get out. At the same time, they are also aware of the problems existing in Southeast Asian economies, and further hope to find suitable investment opportunities in China, so in recent years, the investment of Chinese businessmen in China has not decreased, but has increased.

On the other hand, after the financial crisis, some of the Chinese business capital withdrawn from the Southeast Asian market followed Bao Feiyang into the NASDAQ and Silicon Valley in the United States to invest in the new economy.

As the most economically developed area in China, Pujiang has naturally become the preferred place for Chinese businessmen to invest, and Bao Feiyang is also the object of their trust. In the construction of the Tianjiang Economic and Technological Development Zone and the reform of enterprises, there was a lot of support from Chinese commercial capital.

However, most of the Chinese business capital is concentrated in the consumer sector, and their capabilities are limited in the equipment manufacturing and high-tech fields. However, industries such as tourism, commerce, and real estate are familiar and good at them.

Under the operation of Bao Feiyang, Chinese business capital from overseas has shown great enthusiasm for many projects in the international tourism resort. Due to the protection of historical buildings, the Hengjing Ancient Town Project was operated as a whole, and the Hengjing Ancient Town Tourism Development Company was finally established, and all the land, building property rights and development rights of the ancient town were placed into the development company.

The development company has established a joint venture company with China Commercial Capital, of which the development company accounts for 40 percent of the shares, and China Commercial Capital accounts for 60 percent of the shares.

Compared with other ancient town scenic spots, it is usually a unified planning and decentralized operation model, which is not conducive to the protection of ancient buildings, nor is it conducive to the unified planning and transformation of scenic spots, and it is easy to have problems such as unified, too commercialized, and poor tourism experience. Hengjing Scenic Area hopes to build the scenic spot into a tourist town with a good experience of history and culture through unified planning and operation.

In addition to the Hengjing project, several projects that the entire Huahai Green Corridor project was divided into were also divided by several Chinese businessmen. The planned flower sea green corridor includes ten miles of peach forest, herb garden, rose garden, Dutch flower sea (tulip garden), flower port, blue sea and golden sand (artificial bay), bay forest park, modern agriculture demonstration park and other projects, among which the herb garden, rose garden, Holland flower sea and Bihai Jinsha project will be invested and constructed by Chinese businessmen, ten miles of peach forest, bay forest park and agricultural demonstration garden are comprehensive projects, but also in the original peach orchard, The transformation of farmland and windbreak forests will be carried out on the basis of the Hengjing plan, and the government will set up a development company, and then attract investment to set up a scenic spot company for operation.

The investment in tourism projects is large, although the later operating income is also considerable, but the short-term income is not high, and the cycle is relatively long. In business, in order to attract investment from Chinese commercial capital, Huixun District has also signed a series of investment cooperation agreements with these Chinese commercial capital, real estate development projects in the World Exhibition Area and the new urban area, some projects even exceed Huixun, and these Chinese commercial capital has also won a lot of real estate projects in the main urban area and Chundong New District.

At the end of 2000, the real estate market of Pujiang City has begun to take shape, the real estate market of Pujiang is not like the South China Sea and Shencheng, it has experienced great ups and downs, Pujiang as the largest city in the country, but also the most populous city, the demand for real estate is strong, and it is also the most mature real estate market in China. Now to enter this market, there are still a lot of opportunities. The city also hopes to bring in investment to promote urban construction and the development of the real estate market.

The large entry of Chinese commercial capital, in addition to solving the problem of project investment in international tourist resorts, also solves the funds for the renovation of the old city and the construction of the new city of Huixun.

In addition, through the efforts of Bao Feiyang, the Chinese businessmen have also set up a joint foundation, named the Chinese United Foundation, the first project of the foundation is to raise funds to set up a Chinese equipment manufacturing industry investment fund, for investment and support of the development of the Chinese equipment manufacturing industry, and specifically for the investment and development of Tianjiangzui equipment manufacturing industrial park, with the support of the foundation, the construction of Tianjiangzui park is also sharply accelerated.

"Comrade Feiyang, this Chinese United Fund you brought has really helped us solve a big problem!" said to Bao Feiyang with a smile in the municipal government office, Executive Vice Mayor Zhou Kunlin.

"Originally, the investment in international tourist resorts is a big problem, although it signed an investment agreement with Disney and introduced the investment of Tangsheng Culture, but the government's investment is not small, and then investing in other projects has been powerless, and now the Chinese United Fund has entered, they have contracted most of the project investment in the resort, and the pressure on the government is less, and with these projects, the remaining projects will be easier to attract investment......

In fact, with the ability of Chinese businessmen, there is no problem in eating the entire resort, but considering that the financial pressure is too great, although everyone has a lot of funds, if you use leverage for financing, the scale of funds that can be used will be even more amazing. But that would be too much movement and not suitable. In addition, the capital investment is too concentrated, which is not conducive to risk control, so everyone still won some major projects, and left some projects, and invested the remaining money in other aspects, such as the equipment manufacturing industry in Tianjiangzui......

Zhou Kunlin said: "Tianjiangzui, we will also list as soon as possible, the city means that there will be no other organization for the time being, the sign will be hung in your Huixun District Government, and the preliminary work will also be carried out by your district government to mobilize manpower to be responsible for the merger of the two districts, so as to facilitate the diversion of personnel when the two districts merge......"

Bao Feiyang nodded, this plan was also proposed by him, although in this way everyone will have more work in hand, but it is only a short time, and when the plan for the merger of the two districts comes down, it will be able to re-establish the team of the Tianjiangzui Development Zone, and the manpower of the district government and functional departments can be directly arranged to the development zone to reduce the pressure of personnel diversion after the merger.

Bao Feiyang said: "On the Tianjiangzui side, the Chinese Fund can provide a low-interest loan, and with this loan, the infrastructure of the park can be started as soon as possible. At present, Tongqi University is already planning the park, and the railway bureau has also fed back the news that the eastward extension plan of the railway line along the Yangtze River will be demonstrated, and we will strive to fully start the infrastructure of the park within the year, and let a number of enterprises start construction early next year, and the enterprises will be officially put into operation at the end of next year......"

Zhou Kunlin glanced up at Bao Feiyang: "This progress is very fast......

Zhou Kunlin smiled and said: "I feel that a lot of work in the entire Huixun District and even the city is being urged forward by you with a whip in the back......

Bao Feiyang hurriedly waved his hand and said: "Mayor Zhou, you can't talk nonsense, the work I am doing now is all carried out under the leadership of the municipal party committee and municipal government......

"Okay, just kidding, you're really fast......"

Zhou Kunlin smiled and said: "Tianjiangzui, you let it go, you can tell me if you have anything, and I, the director of the preparatory committee, will be responsible for solving troubles for you......"