Chapter 239 Unique Advantages

Chapter 239 Unique Advantages

"Yes, there is a market of one billion people in the Mainland."

"One cent invested will yield ten times the profit," said Yin Zhaotang.

Liao Zhihong was very cautious: "Atang, be careful of the wind direction. The demonstration effect of several special economic zones set up by the mainland in the south is indeed good, but the time is still short. The next wind will be an east wind or a demon wind."

“It’s really hard to say.”

The five major surnames in the New Territories have close ties with the mainland, but precisely because of these close contacts, they are wary.

You must know that reform and opening up is a beginning, not an end.

Last year, the North changed its four major "export special zones" into "special economic zones". The purpose was definitely to increase the attractiveness of capital, highlighting the will of the top leaders.

But the top leaders have their opinions and the grassroots have their practices. Are the interests of the central and local governments consistent?

The special economic zones may look powerful, but they are just forts.

If someone is unhappy, they will burn the imperial envoy.

The distribution of interests is a big issue, and the influence of conservatives in the country is actually quite strong.

Otherwise, there would be no southern tour after the reform and opening up, no need to carry out tax-sharing reform, and no need to carry out payment transfer.

To play the whole country as a chessboard is like fighting the founding war again!
In the past, Liao Zhihong had personally experienced the pain of unpredictable policies and changing rules.

A considerable number of overseas Chinese had their assets confiscated. Some patriotic businessmen who took the lead in returning to China to invest were sentenced to prison and paraded through the streets. The lessons learned from the past really chilled people's hearts.

Yin Zhaotang could certainly understand that using the phrase "clean the house to welcome guests" to argue, no matter how correct the logic was, seemed cold and heartless.

The mainland wants to regain the trust of overseas Chinese capital in the process of development. We must be sincere and warm, and make up for the losses in the past by doubling them and making up for all the shortcomings.

There is the world's largest population country, the largest consumer market, and the largest labor market as carrots.

As long as there is enough sincerity, there will definitely be overseas Chinese who dare to give it a try.

Yin Zhaotang spoke tactfully and gave an example: "Last year, Mr. Bao from Global Shipping signed a contract with the Sixth Ministry of Machine Building and the Ministry of Foreign Trade to jointly establish 'International United Ship Investment', which is the first joint venture shipbuilding company in China."

"At the beginning of the year, Bao Shenghao donated 10 million US dollars to build a five-star hotel in BJ. The application to name it after my father, Zhaolong Hotel, which was approved by the CEO himself, has a great influence in the capital market."

"Afterwards, more than a dozen bosses from the Siyi Chamber of Commerce, the Cantonese Chamber of Commerce, and the Dongguan Chamber of Commerce formed a group and went north to investigate and build a factory."

Liao Zhihong nodded: "I have heard about this matter. Bao Sheng is actually the joint representative of several chambers of commerce. Wu Zhande of the Maxim's Group has sent his eldest daughter to the mainland to discuss the business of in-flight food with the Aviation Industry Corporation."

"Given Bao Sheng's status in the capital world, 10 million US dollars is nothing. What he is buying is not a restaurant sign, but an attitude!" Yin Zhaotang said.

Liao Zhihong did not comment: "Those Chamber of Commerce bosses are real capital tycoons. Each of them has a Taiping Sir passed down from generation to generation, and their family must have a district councilor in charge."

"They are intermarried with each other, and their network of relationships is very deep, and can be traced back to the Thirteen Hong comprador families in the late Qing Dynasty."

"Giving Bao Sheng the right to name a restaurant doesn't necessarily mean giving it to us! Atang, it's easy to meet the King of Hell, but it's hard to deal with little ghosts. You must be careful."

Yin Zhaotang sneered and said calmly: "Even if Lao Zhong sold out the entire society, he couldn't raise 10 million US dollars."

"You get what you pay for. The big guys have their own way of playing, and the small fish have their own way of playing."

"When investing in the mainland, making money is secondary. Building good relations with the mainland is more important."

Liao Zhihong looked deep in his eyes and said slowly, "If you are determined to build a factory in the mainland, I will not stop you. If the water in the mainland is not easy to flow, it will be the same if you return to the New Territories."

If Yin Zhaotang's sneaker factory in Sheung Shui Wai continues to develop in the New Territories, it will bring great benefits to the Liao family.

If new factories are built in the mainland, taxes, economy and jobs will be transferred.

Fortunately, Liao Zhihong is not the boss of the Liao family, so he doesn't have to worry about it.

I sent Liao Zhihong to a tea shop in Tsim Sha Tsui. Liao Zhihong waved goodbye and went in to buy new tea for his father.

Yin Zhaotang called Zuoshou, Dapao and Danta to go to Shanghai Street together.

The second marshal invited three white paper fans to discuss matters, clearly intending to collect accounts and money. The left hand was wearing a suit, crossing his legs, and chatting with egg tarts. When he saw the boss come in, he immediately stood up and said, "Boss."

Dapao and Danta both stood up, looked serious, and started calling for help.

Yin Zhaotang walked around the desk, unbuttoned his suit jacket, and hung it on the boss chair. He was wearing a white shirt and a navy blue vest, and had a good figure. He stood beside the chair and asked softly, "Da Pao, do you have any acquaintances in the Shenzhen Merchants Bureau and the Foreign Trade Department?"

"Yes, I have!"

Dapao was a little surprised and answered quickly.

"Help me arrange a dinner for next week."

Da Pao readily agreed: "No problem."

He had met people from the China Merchants Steam Navigation Company and the Foreign Trade Department at a dinner table. They couldn't be called friends, but he had a close relationship with the Customs Department, so it was easy for him to invite them out for a meal.

Zuo Shou frowned and asked, "Boss, what are you going to do in the mainland to meet with the Merchants Group?"

"I plan to invest in building a few clothing factories in the mainland to do OEM for Pegasus. The three of you will be the account holders. Pack some clothes and go on a business trip with me."

"Da Pao, remember to call the Merchants Group and say that it's the 91 Company investment inspection team."

"Apply for a pass and enter the mainland with dignity." Yin Zhaotang opened the drawer, opened a box of cigars and shared them with his three brothers.

He lowered his head and lit his cigar with his left hand, took a deep breath, and said, "Boss, why did you suddenly want to open a factory in the mainland?"

"Just think of it as paying protection money."

Da Pao suddenly realized: "Brother Tang, we must be fully prepared for etiquette."

"Prepare an extra copy of whatever they like." When doing business, you can't avoid the social etiquette.

Opening a garment factory in the mainland is actually a very conservative move. First, with the cheap labor in the mainland, the garment factory will definitely make money.

Secondly, placing Pegasus' production line in the mainland will greatly facilitate Pegasus' future sales.

Whether the products are exported or sold domestically, there is money to be made.

This is why garment factories sprang up all over the South in the 1980s.

Yin Zhaotang had very little capital, so he had to explore the way step by step, make the garment factory prosperous, employ thousands or tens of thousands of mainland workers, and then expand to other industries to expand the business territory.

After all, whether it is electronic OEM, land enclosure and building, or the automotive industry, there is no need to be impatient.

He understood this when he was doing business in his previous life. In an era when 8 million shirts could be exchanged for one airplane, if you didn't have the ability, you could just make good shirts. Only when you made million shirts would you be qualified to talk about airplanes!

Moreover, if private transactions with the mainland are too deep now, it will attract crackdowns from the Hong Kong government.

Investing in and building factories in the mainland is a legal channel. In the context of the Cold War, Western forces led by the United States are constantly striving for the position of the Eastern powers.

Private violations of the embargo ordinance and political movements will be punished, but legal investments will not be sanctioned by the British Hong Kong government.

This year, the British Foreign Secretary went to Beijing to confirm the legality of the "Convention for the Extension of Hong Kong Territory". Finally, a consensus was reached on a peaceful return without violence in 97, and only then did the British Hong Kong dare to invest money to develop the New Territories.

Otherwise, there is a fear that the New Territories industrial zone would be bombed into ruins just after it was built.

Therefore, this is an upright patriotic path, and there is no need to worry about retaliation. If you have the ability to run a good business, you can get a win-win result.

However, on the surface, this path is sufficient to ensure Lao Zhong's smooth landing. The favors accumulated by investing in and building a factory can only be maintained temporarily. Because, investing in and building a factory is a political achievement for an individual, but it is just business in the overall situation.

Yin Zhaotang understood that political rewards could only be obtained in exchange for political contributions.

Mr. Huo's political contribution is "transporting materials and aiding the war", Mr. Bao's political contribution is "contributing foreign investment and leading economic investment", and the only political bargaining chip left for Hong Kong Island is "peaceful return and promoting unification".

He had Liao Zhihong, Ho Kwan-hung, and Wu Bo-chiu as his political wings, and knew Leung Chiu-ying, Yam Ki-wing, and others. According to memory, it would be a great achievement to dig out more potential cronies and send them to the mainland as talents.

As long as you make an effort at the critical moment, the rewards will be a thousand times greater.

Don't get caught up in the vicious competition with "Kai Xin", Huo Sheng, Bao Sheng, etc. Give full play to your own advantages and love your country in Lao Zhong's unique way!
(End of this chapter)