Section 140 Investment Trends
"Lord Yang, what are you doing here? What are the benefits of attracting foreigners' factories to China? ā
Wang Qiu was actually very dissatisfied with the job Yang Chao arranged for him. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć infoYang Chao authorized him to represent Shandong Province in attracting investment in Germany.
Like many people, he does not understand the benefits of this kind of investment, he believes that this is a kind of capital aggression, in this era, most countries still have a kind of nationalist sentiment towards investment in other countries, and generally no one is so fanfare to attract investment, which can easily attract opposition from the people.
Wang Qiuke was a typical nationalist who supported the development of domestic industrial capital but opposed the invasion of foreign capital.
Li Sidi shrugged: "I don't know either." However, Lord Yang's orders always have a reason for him. ā
Wang Qiu could only nod, since he was lost his temper by Yang Chao in Paris last time, he no longer dared to doubt Yang Chao, Yang Chao said that he would use his own strength to take back the Northeast, he did it, this kind of magic completely shocked the entire international student community, at this time, everyone took Yang Chao's words as if they were serious, and no one dared to doubt it.
However, although Wang Qiu didn't understand it in his heart, the task was completed quite well, and in just a few days, he signed more than a dozen business contracts.
For example, a large number of power equipment production contracts with Siemens.
Yang Chao said that in Shandong, a branch railway will be built with the Yanji Railway as the center and connecting various counties, and if Siemens can ensure that their electric locomotives meet the requirements, these branch lines will be the first to be electrified. Yang Chao also plans to build a large number of power plants, which will be the first to electrify Yantai, Jinan, Dongying, Laiwu and other large cities along the railway, which will require a large amount of power generation equipment, and if Siemens is willing to invest in China, then Yang Chao will be the first to purchase Siemens equipment.
Siemens immediately expressed its willingness to help China develop its power industry, including laying a network of electric railways and participating in the construction of power plants in Shandong, where they will build large-scale complete power equipment manufacturing plants and electric locomotive manufacturing plants.
There are also large chemical giants such as Bayer, which is interested in building a "new drug" plant in China.
Although he was very interested in Bayer's conch industry and how great it was to sell drugs to the United States on a large scale, Yang Chao still told Bayer that he did not support them in establishing a conch production line in China. If they are willing to start a normal chemical industry in China, Yang Chao will give them tax exemption for three years.
Bayer said that it could give it a try, after all, Shandong's coal is also good, and they produce phenol and other products, which also have a large export value in Japan.
In addition, there are KraussMaffei company, which manufactures train and locomotive equipment, and Heath company, which produces machine tools, etc., covering a series of modern factories that produce mining and metallurgical equipment, high-precision gears, etc.
But the scale is not large, almost every industry, only with one company, this is Yang Chao hopes that these companies can find a market, and when they can make money, make a lot of money, they will not export profits from China, their profits will be used to expand the scale of production, and even increase the amount of investment, knowing that after ten years all will be confiscated by Yang Chao.
But before confiscating their factories, Yang Chao must be prepared to take them over, and you are training a large number of managers, engineers and skilled workers in China who know how to manage and produce.
For this reason, Yang Chao did not hesitate to ask Wang Qiu to agree to tax incentives for these companies, lease land for free, and at the same time, if necessary, give them an interest-free loan of no more than 100,000 US dollars as start-up capital, and the additional responsibility of these enterprises is that they must use their technical strength to build technical schools.
That is to say, every factory must set up a technical school to train skilled workers for their own use.
Well, technology introduction, this is the issue that Yang Chao is most concerned about, it can be said to be the core, Yang Chao is also a variant of exchanging technology with the market, but he is not at ease.
Wang Qiu signed a total of 30 enterprises, which made the Germans themselves a little nervous, and some German newspapers even expressed their worries that the Chinese wanted to relocate German industry to China, which would be detrimental to a series of problems such as Germany's industrial development and workers' employment.
The Americans did not hesitate to use government power to hope that the Qing government would not favor one over the other, put pressure on the Shandong government, and demanded the same treatment.
Britain and other countries also expressed the same demand, but they are obviously not very strong, they still hold a wait-and-see attitude, want to see what Yang Chao can play, to be honest, they are still very resistant to investing in foreign industries.
Britain, France and other countries demand equal power, which is nothing more than to take advantage of their own interests first, and if it is profitable, then go up, and if it is not profitable, then there is no loss.
Yang Chao immediately said that any industry in any country is welcome to invest and set up factories, and Shandong adheres to the open-door policy, but there are no loans, and enterprises from all countries must raise their own capital.
It was obvious that Yang Chao gave the Germans extra care, which made many countries dissatisfied, but Yang Chao blocked it on the grounds of a commercial contract.
Yang Chao's inexplicable preferential treatment for German companies made the German government feel incomprehensible, and their consul communicated with Yang Chao many times, and Yang Chao repeatedly said that the reason why he gave preferential treatment to German enterprises was because he trusted German technology the most and hoped that Shandong could introduce the best technology.
The German consul also felt that this was the most reasonable explanation, and in any case he could not see any damage to German enterprises, and as for the impact on the country, it was immeasurable for the time being, so they took a cautious attitude, neither preventing these enterprises from investing abroad, nor encouraging them to invest in Shandong, and keeping everything within the boundaries of business cooperation.
At the same time, as Yang Chao's preference for German enterprises, the German Foreign Office issued a document supporting Governor Yang's experimental spirit of industrialization in Shandong, and Germany expressed its dissatisfaction with the hostile attitude of any country.
It is clear that the Germans are still protecting their interests in Shandong, which is their sphere of interest, and since their companies have come to invest here, they also want them to get greater benefits than other countries.
After the Germans said that, and Britain and France and other countries did not see the benefits of investing in Chinese industry at present, they slowly faded and did not take further diplomatic measures, while the Americans began to use non-governmental forces to obtain sufficient capital support for their enterprises in New York, and they did not look down on the $100,000 loan provided by Yang Chao at all.
In this way, more than 30 industrial enterprises were signed, and more than 20 American enterprises spontaneously came to invest and test the waters.
A small-scale wave of industrial investment has been set off in Shandong.