423 Preparation for price wars

Many Chinese billionaires in Hong Kong are visionary and optimistic about the future of Hong Kong, but they are not sure when to make a move, and many of those second generations are not optimistic, such as the Zhang family behind Wheelock, who will leave Hong Kong in the past two years and transfer all their assets.

This is actually a kind of relying on vision and courage to carry out a new distribution of wealth, every economic crisis is the case, Chinese capital can go from the obscurity of the 60s to the 80s to overwhelm the British capital, that is, the Chinese have basically taken advantage of the economic crisis, and the British capital can keep the family property is good.

All kinds of things in Yanjing have basically been completed, and then Chen Zhiwen went to the Beijing-Tianjin-Tangzhou Expressway, which is about half completed, to experience the first expressway of more than 100 kilometers in the mainland.

"When will it be completely completed?" On his own Mercedes-Benz sedan, Chen Zhiwen asked Shen Yinghua, the person in charge of the Hutchison infrastructure project next to him.

Shen Yinghua replied: "Chen Sheng, according to the current plan, it should be completed by the end of next year, and it will be fully opened to traffic at the beginning of 85." ”

"That is, a total of 4 years?" Chen Zhiwen thought for a while and said that this expressway was the first major project he invested in after returning to China, with a total investment of up to one billion US dollars, but he actually invested only 80 million US dollars, and the rest all relied on loans.

This is also the most practical help of financial leverage for the real economy, otherwise, if he really wants to spend hundreds of millions, he will definitely not invest.

However, leverage is leverage, and the risk is naturally greater, and the subsequent repayment of the loan depends on the toll of the expressway.

So, Chen Zhiwen asked again: "The section that has been completed, how is the traffic flow now?" ”

"At present, it is the section of Yanjing leading to TJ City, the traffic flow is very objective, the car charges 0.3 yuan per kilometer, and now there are almost 8,000 cars per day, and the daily charge of the car is about 20-300,000 yuan, and the number of trucks is a little less, but the amount of charges is high, according to the type of truck, the average day is calculated, there are almost 400,000 charges." Shen Yinghua continued: "But if Tianjin and Tanggu port are connected to the high-speed connection, then the number of trucks will inevitably increase on a large scale, I estimate, the daily charge should be able to exceed one million, which also depends on the future industrial situation in Yanjing." ”

"In other words, it's mostly dependent on various trucks, right?" Chen Zhiwen nodded and said with a smile.

"Yes, it's mainly a truck, and the second is a car that goes back and forth between Yanjing and Tianjin." Shen Aihua said.

"It's okay, after this kind of high-speed construction is completed, it can only depend on the local economy." Chen Zhiwen smiled and said.

As the only high-speed connecting the two major cities and ports in North China, Chen Zhiwen is not worried about the problem of traffic at all, first, although Yanjing and Tianjin in the 80s, the name of economic development is not as famous as Shanghai and Shenhai City, but the foundation is here, but as the capital, there is no need for a lot of publicity.

The flow of people and vehicles between Yanjing and Tianjin will not be lower than that of Guangdong to the deep sea in the future, that is, this alone will be enough for small vehicles, and the larger purpose of building this project is to connect the mainland of North China with the port.

That is to say, in the future, Yanjing and Tianjin and even some nearby identity goods, if you want to export, you must take this road, and even, because the cost of sea transportation is lower than that of land transportation, it is also cost-effective to sell goods from North China to the south and go to the port.

Unless other ports are built nearby, the Beijing-Tianjin-Tangzhou Expressway will always lie down and be charged.

However, the expressway also requires a lot of money to maintain, but on the whole, it is bound to be very profitable, which can be regarded as a precedent for the success of foreign investment in large-scale infrastructure projects in the mainland.

"In fact, in the past few years, I can clearly feel that the economy of Yanjing City has improved, there are more and more new buildings in the city, roads and running water in many places have also been opened, and our group's investment in Yanjing is not small, which has led to tens of thousands of jobs." Shen Yinghua said with a smile.

"Well, well, North China is still one of the important investment bases of our group, in the infrastructure sector, the Beijing-Tianjin-Tangzhou Expressway will not take long, as the person in charge here, you need to pay attention to what can be involved." Chen Zhiwen said again.

"Okay, Mr. Chen." Shen Yinghua paused and asked, "Then can we participate in the bidding of the International Trade Center?" ”

"You know a lot." Chen Zhiwen smiled and said: "There is no need for bidding, this kind of thing can be handled by the mainland itself, and outsiders will not be allowed to participate, but as investors, you can also participate together as a supervisor." ”

Not to mention now, even for decades, foreign capital has come to China to invest in office buildings and other buildings, and the construction team can only find the domestic one, at most in terms of design, it can be handed over to the overseas team.

In the project of the International Trade Center, the architectural aspect will inevitably be handed over to China, and the design aspect is to invite Pei Jinming to cooperate with China.

"Okay." Shen Yinghua agreed.

……

The next day, Chen Zhiwen also took a look at Midea's home appliance factory in Yanjing City.

Since the acquisition of RCA's TV business, Midea has also become one of the regional hegemons in the global TV field, with a high market share of RCA's TV in the United States, Canada, Mexico, and parts of South America.

However, RCA has always had its own factory, in Eastern Europe, Mexico and the Bay Bay, TV production capacity does not need to be transferred for the time being, but the sales channel can be universal, RCA was not good at white goods in the past, and although Midea cannot be said to be very good, it can also be said to be not bad.

After more than a year of running-in, Midea has also successfully used the RCA channel to open up its own white goods channels in the Americas, coupled with Midea's investment in a lot of advertising in the United States and the dominance of home game consoles, it can be regarded as solving the problem of trust in some brands, therefore, the sales of white goods in the past two years have grown exponentially.

Hong Kong didn't even have time to build game consoles, and the white goods naturally had to be handed over to the mainland, which is also the reason why Chen Zhiwen invested in China early, because he had a plan for the future of the United States, although it may not be accurate, but the direction is the same, even if he can't receive the RCA TV business, he will find other targets.

After the big merger and acquisition, the channel will expand rapidly, and only the mainland will have enough massive population to meet the growth rate of this day, even the next bay is not necessarily good, and the cost will definitely be much higher than the mainland.

"How many employees are there in this factory today?" After watching a circle, Chen Zhiwen asked.

"Almost 16,000 people." Wang Houning, the head of Midea's Yanjing factory, replied.

"There are quite a lot of people, I don't know if it's my delusion, I think it's a little too much? A lot of processes don't seem to be streamlined? Chen Zhiwen thought about it and said, in the place he just walked, many large items were transferred by manpower, which would have a certain assembly line even in Hong Kong.

"Chen Sheng, that's the case, when we calculated the investment cost, we found that if we purchased a large number of assembly lines, it may cost more, and many aspects of the use of manpower, may be more cost-effective, this matter with the mainland side of the joint venture and the government, they all suggested that we do not go overseas to buy non-essential assembly lines, try to use manpower, we calculated that the cost is lower, so agreed." Wang Houning said: "At present, in addition to the assembly line is a necessary assembly line, the rest are mainly manpower, auxiliary some transportation trolleys and the like. ”

"Okay, but it's too heavy work, you still have to use all kinds of equipment, and it's naturally important to keep jobs, but you can't hurt people's bodies." Chen Zhiwen nodded and said.

Employment is probably the most important number for the country, especially in the big cities, where a large number of educated youth have returned over the years, and these people need to work.

"Okay, we also have a lot of hydraulic lifting equipment." Wang Houning said.

"However, if the production capacity, or can't keep up with the assembly line, we should still consider, our home appliances are currently selling well overseas, the mainland, may build a large factory next year, not necessarily in Yanjing, but a lot of talent reserves need to be transferred from your side, this part to be prepared." Chen Zhiwen said again.

With the smooth progress of production in the mainland and the improvement of quality, the cost of Midea's home appliances is getting lower and lower, and when the Beijing-Tianjin-Tangzhou Expressway is opened again, it can also reduce the transportation cost a little, and therefore, Chen Zhiwen is ready to fight a price war in the future to seize the market at the fastest speed, anyway, the entire Midea Group, never needs the home appliance business to make a profit, but other home appliance groups may not work, especially Japan.

Samsung's chip and LCD industry may be difficult to copy, but the process of developing the home appliance industry is still no problem, and the mainland can control it to be lower than South Korea if it reduces costs, and burns money, even if it is a Japanese home appliance giant, he is not afraid.

Before the price war, he needs to increase the production capacity in the mainland to a sufficient extent, and the team here also needs a year or two to run in and make good quality products, which are also the basis of the price war, otherwise it will start early.

At the same time, in 1984, the country will open four port cities, marking a further step forward in the reform, and by that time the situation in Hong Kong has been decided, all that remains is to discuss how to hand over, and he no longer needs to pay too much attention to the British government in Hong Kong, and everything can be played freely.

"Chen Sheng rest assured, we have also considered this matter, and we will not really give up more efficient processes for the sake of employment in the mainland." Wang Houning said.

"Okay, the specific situation that needs to be cultivated, He Guoyuan will inform you in a while." Chen Zhiwen nodded and said.

(End of chapter)