Chapter 450: Unconfused Enlightenment

Qiu from the Development Committee and Governor Song from the province came to visit at the same time, and Xu Teng deliberately took an afternoon to communicate with the two leaders. Pen "Fun" Pavilion www.biquge.info

From the provincial, domestic to international economic situation, the three of them talked for several hours.

In recent years, Huateng Industrial has made significant progress in the major industrial fields of semiconductors, automobiles, machinery, machine tools, electrical, chemical and energy, and the growth of technology and production capacity has been extremely rapid.

The sales share of the global panel market is close to 1/3, surpassing LG and Samsung to rank first in the industry, in the field of LED, Huateng Electronics beats LG, and in the field of OLED, Huateng Electronics also beats Samsung and Sharp.

In the field of semiconductor chips, Huateng Electronics' 20nm process technology has been very mature, and 14nm process technology has also begun mass production.

In the field of automobiles, Huateng Automobile through the dual brand strategy of Huateng + Audi, accounting for 23% of the domestic car market share, beating Volkswagen, Toyota and General Motors, firmly in the first place, if the entire Baofuhua Automobile Alliance to calculate, the total sales in the domestic market has exceeded 40%, and the international market occupies 21.7%.

In the field of machine tools, auto parts and electrical automation, the total output value of Huateng Seiko, Sino Soar Group and China Control Group also ranks first in the world.

From the perspective of industrial technology, capacity distribution, and cost control, Xu Teng has nothing to worry about the Huayin Consortium, but in terms of the scale of global sales and net profit, this is not optimistic.

In response to the global economic crisis and declining sales, each company is cutting prices, and in the end, it depends on who goes out of business first.

Although the volume of Huayin Consortium and Huateng Industrial Complex is large, each field has a weight layout, which means that no field can lose, as long as an industry falls into a major loss, it will drag down the entire Huateng Industrial Complex.

This is where Xu Teng is not too optimistic.

Where to be optimistic, where not optimistic, Xu Teng has nothing to hide, and talked to the two leaders roughly, in the three fields of technology products, scientific research strength, and cash capital, Huayin Consortium and Huateng Industrial Consortium have occupied a leading position compared with the Korean system.

The trade surpluses of Taiwan's economy and South Korea's economy have narrowed sharply in the past three years, and the relationship with Huateng Industrial Complex is very large.

The three are indeed roughly at the same level, but in terms of technology, talent, volume, capital, and speed of progress...... In these aspects, the Huateng Industrial Complex has an absolute advantage, and now it depends on when these two main opponents will be dragged down.

chatted until more than 4 o'clock in the afternoon, Xu Teng felt almost, he still had some things to deal with, and he couldn't spare time to entertain the two leaders in the evening, which has never been his style.

After Xu Teng drank this cup of tea, he didn't pour it again, and asked Leader Qiu directly, "There should be nothing wrong with the Development Committee, right?"

"You have prepared a lot of projects, and I definitely have nothing to ask for here, but when I came here this time, ICBC and CCB talked to me about something. "Leader Qiu originally wanted to say this directly as soon as he came over, but he was a little stunned now and didn't dare to say it in a hurry.

"What do you say first?" Xu Teng estimated that it was not a good thing.

"Aren't you merging the four insurance companies of Huaxia, Ping An, Sunshine and Fubon now, these four major insurance companies have sound licenses, and CCB wants you to transfer a set and make a deal. As for ICBC, it is mainly interested in Sunshine Insurance to see if it can cooperate. "Leader Qiu estimated that he was not happy to come here, and he didn't want to get involved in this matter, but this was really not the idea of ICBC and Jianyin.

In China, the insurance license is a very important resource, such as CCB Insurance Company, which does not have life insurance, car insurance, only wealth management insurance and universal insurance, both of which are scam insurance.

Especially the so-called wealth management insurance, there have been a lot of troubles in CCB over the years.

Huaxia Financial Group is much better here, because the insurance capital is complete and the insurance business is large, and it is impossible to smash the signboard for this profit.

"The license is very simple, because the merger of Huaxia and Ping An is fully integrated, and the extra licenses have been cancelled, and Sunshine and Fubon have not yet cancelled the extra set in the CIRC. I can transfer Fubon's license to a subsidiary, and CCB Insurance can buy this subsidiary, and as for Sunshine Insurance, I won't say much about it. "What Xu Teng means, get out!

CCB is a state-owned enterprise, and it is easy to get a license, depending on whether the higher-level regulatory authorities are willing to take on greater risks in the financial system.

This kind of method of bypassing the CIRC and directly buying a license was not approved by the CIRC in the end, and in fact, it was also asking for trouble and pretending to be smart.

On the other hand, the domestic insurance market has been very stable, Huaxia Financial Group has been competing with PN Finance for ten years, and the scale of the domestic insurance industry is still the top four, unable to shake the three giants of PN, Pacific and Life.

After the merger with Fubon, Sunshine Insurance has become the fourth largest insurance group company in China, and it is a joint venture model with Minsheng Bank.

How could Xu Teng give up such a high-quality asset?

"Xiao Xu, don't be angry, let's just discuss, because now on the reform of the four major banks, the internal discussion is more intense, Huaxia Financial Group has taken a good start, and this model is still very good. The proportion of state-owned shares of Sunshine Insurance is not low, and if it merges with ICBC in the form of a share exchange, it will not be a loss for you. Leader Qiu can only say that he is doing his best, but in fact, he knows very well in his heart that some people put their ideas on the Huayin Consortium, just thinking too much.

"Since it's a share swap, I can consider a merger. Xu Teng agreed, raised the index finger of his right hand, and directly told Leader Qiu, "I have only one condition, the shareholding ratio of the Huayin Consortium must reach 50%, and if not, forget it." After you go back, tell whoever you are, leave it to me to operate, you can rest assured, shareholders can rest assured, institutions can rest assured, and leave it to you to operate, I am afraid that everyone will think that I am poor and short-spirited, and even the old hen that lays golden eggs will be sold. ”

"What a hurtful feeling you say!" Leader Qiu smiled and didn't get angry, signaling that Xu Teng didn't have to do business, but there were other units for him to test it, but he understood in his heart, and it is estimated that Xu Teng also understood that now it is not only foreign countries that are afraid of the scale of the Huayin Consortium, but also many people in China who feel that it is inappropriate.

Leader Qiu would not tell Xu Teng that on the days when Xu Teng stayed in the UK for vacation, he attended a multi-unit meeting, and many people supported the statement that "industry cannot be moved, and the financial industry must be controlled".

The Huayin consortium is too big.

Especially in the financial sector.

To do business, when you reach a level, you must pay attention to "News Network".

After the G20 summit, "News Network" broadcast a news item that roughly said that the internationalization of China's financial industry is developing smoothly, and the overseas business scale of China's five largest banks reached 12% of the total turnover in the first quarter of 2015.

This is a typical report of good news but not bad news.

However, the key is not the news itself, but the wording of "China's five largest banks", which is a formal recognition of Huaxia's position alongside the other big four.

This is determined by strength.

Regarding the statement of "Huayin Consortium", many people in China and even many media do not know that the source is "Huateng Company" and "Galaxy Capital", and they all think that it is the abbreviation of Huaxia Bank.

After 07 years, Huaxia Bank has been controlling the scale, but no matter how it is controlled, the most basic development speed must still be there, otherwise, it will not be able to explain to shareholders and investment institutions.

After Guo Yongzhe took office, he adopted a more aggressive strategy, ignoring the several battles between the Huayin consortium and the big four banks in 2007, and rapidly advancing the commercial banking business of Huaxia Financial Group.

On the other hand, there is the development of online payments, online banking and credit cards.

Huaxia Financial Group has surpassed the Bank of China in the number of commercial bank outlets, ranking fourth in the country, and its turnover has surpassed the Agricultural Bank of China and the Bank of China, ranking third.

In the insurance industry, Huaxia Financial Group is the sum of the second and third places.

In the area of asset trust management, Huaxia Financial Group basically occupies 1/3 of the entire domestic market, and Huaxia Financial Group also ranks first in securities and investment banking business, and has no opponents at all.

Huaxia Financial Group itself is listed on both A-shares and Hong Kong stocks, and its total market capitalization ranks first among global financial enterprises, which is equivalent to the sum of domestic ICBC + Bank of China.

It's not one of the top five banks in China, so what is it?

In addition to Huaxia Financial Group, Minsheng Bank, Yangtze River Bank and Sunshine Insurance, the entire Huayin Consortium has a layout in the domestic financial industry, which are all major financial institutions in the country, and the shares held in the Agricultural Bank of China and the Bank of Communications are also close to one-third.

When Chen Zhixin retired, he once reminded Xu Teng to be careful of "rabbits and dead dogs, and birds hide their bows", and now some people can't wait to "hide all the birds".

Are these people in the majority, or in the minority?

Xu Teng estimates that there are a lot of them, at least the four major banks, and some other state-controlled financial companies will muttered to some competent ministries and commissions, oops, this must be controlled, not controlled.

Therefore, in this world, not only Europeans and Americans live in the 90s of the last century, there are also many Chinese.

"At the end of life, I don't have much pursuit. I'm telling the truth, although the scale of our Xu family's assets overseas is not as large as in China, it is still enough. Xu Teng was originally very angry, thought about it carefully, and simply let it go very chicly, "So, I don't say any lies, the SASAC can buy my Huateng company at any time, two conditions, one is to buy it as a whole, and the other is to settle foreign exchange, pay it off at one time, and let me leave in style." ”

Leader Qiu didn't speak, he didn't know this Chairman Xu anymore, and he knew very well that Xu Teng was really angry again, and he would abandon the plate and leave at any time.

"Lao Qiu, it's not me who says a few words to you, no matter which leader says it, you should clearly express your opinions, if we say, we don't have trust in our own entrepreneurs, we don't have trust in our own enterprises, we still need to develop national industry, and how to develop the private economy?"

"Old Song, you can't use the topic to play and fall into the ground. Don't you want to think about what level of Huateng Company in your province is, what level will it be in 20 years, 30 years later?" Leader Qiu didn't care what Xu Teng thought for the time being, anyway, this was a matter for a certain competent department, he was just responsible for conveying the proposal, and he first refuted the reason with Leader Song.

"No matter which company it is, whether it is foreign or private, as long as it is operating legally, don't talk about control or not. Either you can directly legislate and prohibit private capital from controlling Chinese financial companies, and if there are no relevant legal provisions, then don't say anything. "Leaders Song must show their attitude and the attitude of the province.

Xu Teng didn't speak, realizing that these two leaders sang a double reed, he was already strange, how could there be such a coincidence, the leader of the development committee said that he wanted to come over to talk about things in the morning, and the governor said that he wanted to come over to talk about things at noon, but a point in time came.

In particular, this Governor Song has nothing to talk about at all, he is purely a rescue soldier brought in by Leader Qiu, singing a red face and white face, which not only conveys the thoughts of a certain competent department, but also does not cause contradictions.

"So be it. Xu Teng made a new decision in a short time, raised his hand to look at the time, and informed the two leaders that he had issued an eviction order, "I won't send you away, in addition, the plan of the Huaihai Economic Zone will not be reported for the time being, I still have to think about it." ”

Leader Qiu fainted.

The Huaihai Economic Zone planned by Xu Teng was actually part of the previous planning of the Eurasian Land Bridge, but later it was not successful, and the central government temporarily shelved it.

The main reason why it was not done back then was that the capital investment was insufficient, the gap in basic conditions was too large, and the quality of local administrative cadres was not up to standard.

This is something that can only be promoted by the joint efforts of the four provinces, and the basic investment in a high-speed railway, four inter-provincial expressways, ports, power plant power grids, provincial highways, and water affairs has reached more than 500 billion yuan in the planning given by Xu Teng.

This is a pure BOT project, which is completely funded by the Huayin Consortium, and the provinces and cities along the road only need to come out with policies and send the best cadres in place, and then wait for the tax revenue GDP.

Xu Teng has already issued an eviction order, and the two leaders can only go back first, and then find a way later.

After they left, Xu Teng sat in the chair for a long time, thinking about it repeatedly, and finally just sighed, it is not easy to do business.

Is it easy to do business in ASEAN, is it easy to do business in Europe, is it easy to do business in China?

It's not easy to do a small business, and it's even harder to do a big business.

Is it easy to be a politician?

In this world, who can say that it is easy?

This is the human world, as long as you want to do things, you will definitely not be easy!

At this moment, Xu Teng also understood, he realized that the Xu family can't make any quick money now, and it will definitely be more and more difficult to earn some living expenses by relying on the current basic inventory in the future.

He must be mentally prepared for this, whether it is difficult or not, calmly.

He thought, this kind of calmness is not confused.

Xu Teng actually doesn't care about this matter, because the people who can move him won't move him, and the people who can't move him can't do whatever he wants, as long as he says no, everyone can only treat this matter as if no one has ever mentioned it.

As for the future...... Does it make sense to think that far?

As for the planning of the Huaihai Economic Zone, Xu Teng did not say to give up, but just asked some people to understand, and next time they want to "control" him, please take out 3 trillion US dollars of foreign exchange to talk to him about the price.

His Huateng company is ready to be resold, but there is no such figure...... He won't say anything too ugly, but he will politely ask the other party to stay cool.

A few days later.

Leader Qiu sent a fax, did not dare to mention the matter of "control and control", but in the name of the Development Committee, officially replied to the overall plan of the Huaihai Economic Zone, and clearly marked the preferential range of various policies.

Finally, add a one, if you are not satisfied, you can talk about it at any time.

After reading it, Xu Teng roughly calculated, and basically it was sure that it would be profitable, so he replied to the Development Committee with an email first, because the situation was more urgent, and the projects that could be started would be arranged to start first.

There are two inter-provincial expressways in all aspects of the preparation work is very perfect, as long as the development committee approves, the Huayin consortium can now arrange funds and officially launch.

Xu Teng's consciousness of "not confused" is very simple, anger is anger, business still has to be done, this is the reality of the human world.

The central bank's two interest rate cuts in March and May, coupled with various other fiscal tax cuts and subsidies, and the targeted expansion of industrial policy, have generally had a good effect.

In the first half of 2015, the G20 countries also introduced monetary policies to stimulate the economy.

At the end of June, Xu Teng's latest data was a little better than in previous months, and it was almost certain that China's GDP growth rate in 2015 would be above 6.5%.

This made Xu Teng breathe a sigh of relief.

It's not easy.

The world economy has been tossed so badly by him, and China's economy can still stabilize the general direction and grow steadily and healthily, it can only be said that this is the national fortune, and it can't be stopped.

Now it is Europe that is really the worst.

Previously, there was a lot of roaring, from politicians to the media to the people, setting off a political wave against Xu Teng, the "Chinese vulture", and playing very highly, but now only Europe knows how bitter it is.

During this time, Europe has ushered in the refugee problem again, but it has not yet formed a crisis.

In the past few years, when Europe's economic issues have not been able to improve, politicians and the media have favored the output of values and soft power, which is like someone telling you, don't look at my family's high debt, in fact, I am still better than you.

The refugee problem is a trick played by the Europeans themselves, showing their superiority all day long, and finally showing off the crisis, which they deserve!

Xu Teng couldn't worry about these things.

He quietly manages his work, takes care of his business, and moves most of his investments to the country, which is now the most difficult stage of the Russian economy and a good opportunity to expand his investment in Russia.

Russia is actually quite a country with a lot of iron ore reserves, but it has been reducing development through legal restrictions, which is just enough to ensure its own iron ore supply and demand.

Of course, if Russian iron ore wants to be exported to China, the cost of transportation is indeed a difficult problem to solve, and large-scale investment is required to solve the problem.

Xu Teng's strategy has always been simple and effective...... Give your counterparty a price you can't refuse.

According to the investment cooperation framework agreement signed between the Huayin consortium and Russia, by 2020, Russia's iron ore production capacity will reach 120 million tons, accounting for two-thirds of annual exports, oil exports will reach 45 million tons, and natural gas exports will reach 300 billion cubic meters.

Oil and gas are transported by pipelines, leaving rail capacity vacant for the export of agricultural products and iron ore.

In the development of Russia's agricultural industry, the Huayin Consortium has joined hands with central enterprises such as COFCO and COFCO Reserves to open agricultural reclamation areas in the Far East and Novosibirsk to provide feed and grain through large-scale mechanized planting, develop large-scale aquaculture industries, and provide meat products and cashmere.

This is a new Marshall Plan.

Compared with the Marshall Plan, Xu Teng's plan actually came from the Moscow think tank of Huateng, but in the past, this kind of national industrial planning report, which is completely dependent on China's economy, would be thrown into the garbage basket by the Kremlin in Moscow.

In fact, this plan is very realistic, and Russia's competitors are Saudi Arabia, Australia, Canada, and the United States, which take advantage of land advantages and financial subsidies to export a large number of agricultural products.

The Huayin consortium can meet Russia's needs for the revitalization of the Far East and the improvement of its industrial level, even in the electronics and chip industries.

What the Kremlin needs to do is simple: like China's provincial and local governments, provide land and policies, provide effective guarantees, and leave the rest to the market, and at the same time, do not prevent the Huayin consortium from intervening in Russia's financial and resource industries.

Before Xu Teng made the deal with President Vladimir, he had already made it clear that the Huayin Consortium and the Huateng Industrial Complex are all-round 360-degree consortiums, in short, a consortium is a national industrial system, from the extraction of raw materials to the final consumer products, intact.

This is not to say that Huateng Industrial does not need external enterprises, on the contrary, Huateng Industrial is very good at absorbing external enterprises, as long as external enterprises are the best suppliers, they must be able to squeeze in, but to achieve the best standards, this itself is very difficult.

In other words, it will be difficult for Russian companies to squeeze into this industrial complex, unless Russia's economic freedom and industrial level meet the standards of Britain, France, Germany and the United States.

On the other hand, it is precisely because of the special advantages of this complete industrial chain that the Huayin consortium and its industrial complex can quickly establish a huge industrial system, whether it is in a certain province in China, in Russia, or in ASEAN.

This is like the 156 items of Soviet aid to China.

Unlike the 156 items, the Huayin Consortium is an international capital consortium with global procurement operations, and profit is the only goal, and any project must be in line with comparative advantages, and it is more cost-effective to import from China, so it must be imported from China.

Therefore, the Huayin Consortium can help a developing country to quickly establish an industrial system in the greatest scope and with the highest efficiency, but in the end, it will inevitably depend on the industrial chain of the entire Chinese economy.

In all this, President Xu Teng and President Vladimir made it very clear that Russia has only such a large population, so many laborers, and excluding the employed population in agriculture, military industry, resource industry, and service industry, the labor force that meets the standards of the Huayin Consortium is at most 10 million.

This number is not as good as a Jianghuai province.

As far as Russia is concerned, it can only develop selectively, abandon some of it, and develop as much of its own output value as possible on the basis of centering on China's economy, so as to achieve national prosperity and strength.

Xu Teng talked openly and honestly to avoid unnecessary misunderstandings in the Kremlin in the future.

As far as the Kremlin and President Vladimir are concerned, first, he did not have a choice, Russia does not have a choice, and second, Xu Teng's plan for Russia has been much better than President Vladimir expected.

The negotiations between the two sides were successful on all fronts.

In the end, the Huayin consortium provided Russia with a long-term loan of 40 billion US dollars, and at the same time provided 160 billion US dollars of international investment, large-scale acquisitions, stakes in large Russian companies, land acquisitions, and investment in new production capacity.

In Russia's finance, metallurgy, resources and minerals, telecommunications, energy and power, semiconductor industry, machine tools, petrochemicals, automobiles, transportation and railways, ports, agriculture and animal husbandry, we should make use of Russia's mineral resources and land resources as much as possible.

In addition to Moscow, the Huayin consortium also provided Russia with the planning of economic zones in St. Petersburg, Volgograd and the Far East, invested funds and projects, and gradually developed.

Since 2005, Huayin Consortium has invested in Russia's automobile and power equipment industries, and has continued to expand its investment in the future, but it has not been fully developed.

The period from 2014 to 2015 is the best opportunity.

Xu Teng basically observes the investment situation in Russia every day, handling dozens of emails and reports every day, and generally speaking, the investment environment is at least much better than that of ASEAN, and the implementation rate of investment plans is also very high.

Xu Teng is now certain that his investment in Russia can continue to expand to $300 billion as long as there are no drastic changes in Sino-Russian relations, and that these investments could roughly increase to $750 billion around 2025 as long as EU sanctions against Russia are phased out and oil and commodity prices recover.

Xu Teng is doing this kind of big business now.

He can go beyond the national plan and invest in the construction of the Western Express Line, from Shaanxi Province to Moscow, using standard rails to build a fast freight railway and a high-speed railway, in fact, connecting Moscow with the Huaihai Economic Circle and the Yangtze River Economic Belt.

Russia's oil and gas will also go hand in hand from east to west, into the northwest and northeast of China, and eventually from the northwest into the Yangtze River Economic Belt.

In return, he holds a 14% stake in Rosneft as a long-term strategic shareholder to help them continuously improve their operating performance and profits.

This is the power of capital.

Use the funds of the government and the people to do big business that others can't do, and get stable and rich long-term returns from it.

From this point of view, he can also invest in the Northeast.

It's just that with the current brain drain situation in Northeast China, the actual profitability and return on investment of large-scale investment in Northeast China are still very low, but as long as the conditions are ripe and the return on investment can reach a standard, he will definitely expand the investment layout in Northeast China four to five years in advance.

Business is business, and businessmen are businessmen.

Although there are times when Xu Teng doesn't act like a pure businessman, there are not many such cases, and most of the time, he can still control his temper very well.

As long as he can control his emotions and keep himself this precious calm, calm and low-key, with his capital and industrial capacity scheduling ability, with his big data collection and analysis ability, with his experience and knowledge, he is definitely the best businessman on the planet, not one of them.