Chapter 921: Returning the Favor
Casting peaches needs to repay the plum.
Since William Lin has made a statement on the issue of environmental protection on behalf of the Chinese businessmen present, Wu Xiaozheng must also give something in return.
The next dose of the vaccine is for the sake of everyone here.
"The second thing I would like to remind you to pay attention to is that it is best not to touch projects that involve huge policy risks. ”
"As we all know, China is in the initial stage of development, and it is also a stage of rapid policy change, and some projects involving policy risks, once the policy changes, your investment will be very risky, or the implementation of the policy changes, the risk will also appear. ”
This is also a very important point.
Such cases were not uncommon in previous lives.
In Changchun, for example, there was a sensational commercial dispute, the famous Huijin sewage treatment project dispute, involving two parties, one as an investor and the other party as the Changchun municipal government.
In 1999, the Changchun Municipal Government invited investment for the city's sewage treatment project, and planned to introduce foreign capital to promote the project under the condition of its own financial difficulties.
In 2000, Hong Kong Huijin invested US$32 million to build the first sewage treatment plant in Changchun at that time, becoming the first urban sewage treatment project with foreign direct investment in China.
According to the contract, the Changchun municipal government has also issued a franchise management method for the project, which plans for the water company to collect sewage treatment fees from users and then pay Huijin Company.
In the first two years, the project has been running well.
However, in 2002, the relevant departments began to default on sewage treatment fees.
In 2003, after the change of government leadership, the government issued a document deciding to abolish the original monopoly management method and directly stop paying sewage treatment fees.
The reasons for the repeal are also sufficient: the Monopoly Measures violate the State Council's provisions on "fixed returns", as well as the Law on Sino-Foreign Equity Joint Ventures, the Law on Sino-Foreign Cooperative Joint Ventures and other relevant laws.
In the end, after the two sides went to court, the government bought back the project at a lower price.
In this project, investors have bitter words.
But such things are very common in this era of rapid development.
The common reason lies in the variability of policies and the grasp of the scale of policy implementation by implementers.
Of course, the short-sighted behavior of some officials within the system cannot be ruled out.
But policies are implemented by people, and where there are people, policy risks cannot be avoided.
Wu Xiaozheng feels that the best way to avoid this risk is to simply not touch such a project.
In this age of money-making opportunities everywhere, there are good projects, so why take the risk?
Weng Jinjun asked a question on behalf of everyone: "Wu Dong, we are not familiar with domestic policies, so how do we know which projects have policy risks?"
Wu Xiaozheng immediately replied: "This is simple, I can recommend a few lawyers who are familiar with domestic policies, and you can pay to consult them when you have needs." ”
In order to receive these Chinese businessmen well, Wu Xiaozheng had already made full preparations.
There was a brief pause in the reception, and the Chinese businessmen began to discuss.
Investment is risky, and you need to be cautious when entering the market.
Most of you understand this concept.
To be honest, although everyone thinks that this mainland investment inspection trip is a huge opportunity, many people are still quite cautious in their hearts.
In the perception that in the past few decades, the mainland has been a policy-driven place, so it is not suitable for the relatively more free-market investment behavior of enterprises.
Therefore, before coming to the mainland, many people were actually skeptical about this trip.
Some people even feel that this introducer, Wu Xiaozheng, has bad intentions.
But now, he has frankly spoken out about the problems that exist in the country, what is the reason for this?
But his attitude has won the favor of many people.
Those who dare to expose their shortcomings are at least right in their mental skills!
And the fact that he took the initiative to prepare lawyers who are familiar with domestic policies is even more commendable.
He didn't mean to deceive everyone!
This is an extremely open attitude towards attracting investment!
There are risks involved in investing in the mainland, and everyone is psychologically prepared for this.
As the saying goes, risks and opportunities coexist.
Therefore, Wu Xiaozheng's point just now has won the favor of many people.
Wu Xiaozheng smiled and continued to remind everyone of the next point.
"Next, I would like to remind you that no matter what the project, no matter how good the prospects of the project are, please try your best to strive for sole proprietorship, and if you can't sole proprietorship, you must also occupy a dominant position in the shares and control the right to operate, otherwise, you would rather not invest. ”
Again, a very kind suggestion.
"Why?"
Someone immediately asked what everyone cared about.
Why?
Because China is still in an era of lack of knowledge of enterprise management and serious lack of professionalism.
The reason why so many state-owned enterprises are losing money is not because of their inability to do so, but because of man-made disasters.
Once the decision-making and management power of a joint venture is controlled by a state-owned enterprise or the government, frequent personnel changes and uneducated operators can definitely bring an originally promising enterprise to a standstill.
Wu Xiaozheng didn't want to admit this, but the experience of his previous life told him that there are few joint ventures led by China that do not have serious problems.
Wu Xiaozheng brought everyone in the hope that these Chinese businessmen would bring in excellent management experience from abroad, and then drive the development of domestic enterprises, so as to improve the overall level of Chinese people in operation and management, so that more people can have excellent professional quality.
He did not want the capital he had painstakingly brought in to end up being a waste resource for some people, let alone a source of corruption.
He took a moment to explain this to everyone.
His remarks once again won the favor of the Chinese businessmen present.
Everyone began to realize that Wu Xiaozheng was indeed standing in their position to help them consider the problem.
This open-minded and selfless attitude is something that everyone can trust.
Everyone began to recognize and accept Wu Xiaozheng, and eliminated the precautionary mentality.
Some people even began to think that if they really wanted to invest in the mainland, it would be better to consult Wu Xiaozheng more often, or to put the investment closer to him, so as to reduce the risk of investment.
"Finally, I would like to remind you that the mainland is a place where people and relationships are spoken, but this kind of gameplay is also prone to problems, and I suggest that you do not play lightly and strictly abide by relevant laws and regulations in order to play for a long time. ”
Wu Xiaozheng said the last point lightly.
That's what he wants to say the most.
Wherever there is profit, it will be watched by countless people, and it can easily become the source of corruption, thus breeding evil.
This is not what Wu Xiaozheng wants, and it may not be something that these people here can afford to play.
Therefore, he made a kind reminder.
Only by doing the right thing can we go far.