Countercurrent 1982

Chapter 1057

In the mid-80s, mainland China had become an investment hotspot in Southeast Asia and the world. Cheap labor and a foreign policy with increasingly stable prices attracted a large number of foreign investment.

At the beginning of the reform and opening up, Western capitalist countries were still cautious about the reform and opening up of the Chinese mainland. They just used it as a dumping ground for obsolete technology and equipment, and sold a large number of equipment and production lines that could not make money in China to China. But no matter from the scale of investment or the level of technical equipment, it is very elementary.

But after the mid-80s, external manufacturers continued to obtain huge profits and sweetness from investing in China, which set an example for later investors, so that from the mid-to-late 80s, foreign investment began to increase year by year. The mainland has gradually become a new international investment hotspot.

The early investors in the mainland were mainly Hong Kong businessmen. What they valued was the cheap labor force in coastal cities such as Shenzhen, and the special zone’s tax relief policy for joint ventures. They used second-hand equipment to invest in technology, established Hong Kong joint ventures, and then passed the The port exports to all over the world, earning a huge price difference from it.

In the 80s, Hong Kong's export processing bases also accelerated their outward relocation, and Guangdong has evolved into an extension of Hong Kong's manufacturing industry.The country's self-sufficiency in the past 20 years has also accumulated a strong demand for export processing industries in the Mainland.

The Shekou Industrial Zone faces Yuen Long, Hong Kong across the sea, and the unique port economy has created a large number of import and export trade demands.The cost of land is only one-tenth of that of Hong Kong, and the cost of labor is only one percent of that of Hong Kong. The cost of various means of production is extremely low.

For those investors who do not have production equipment and technology, if they want to make money in the mainland, they can only enter the mainland through capital investment, but they are very cautious in choosing investment companies.

Considering that the systems in the mainland and Hong Kong are different, in the eyes of Hong Kong investors, domestic private enterprises are still in their infancy, and without the policy support and escort of the local government, the risk is extremely high, so the monopoly of a large number of domestic resources and markets State-owned enterprises are the best investment targets, but it is impossible for foreign investors to invest in state-owned enterprises, so it is not easy for Hong Kong investors to enter the mainland to find a fulcrum for investment.

The establishment of Shenzhen Electronics Group by Ma Fuyuan attracted a large number of investors from Hong Kong very early. First of all, Shenzhen Electronics Group has gathered more than 100 state-owned enterprises and more than 3 employees. It was definitely the electronics industry in the mainland at that time. Big Mac.

In addition, most of the subsidiaries of Shenzhen Electronics Group belong to the Ministry of Electronics Industry, and Ma Fuyuan himself is also a cadre of the Ministry of Electronics Industry. Such a group enterprise has a large scale, and Hong Kong businessmen value his identity very much. The combination of these objective factors is At the same time, it almost means that such a group company is guaranteed to make money without losing money, so after Ma Fuyuan came to Hong Kong this time to seek cooperation with foreign banks, local investors in Hong Kong immediately heard the news and contacted Ma Fuyuan willing to invest in their enterprises.

In fact, if Ma Fuyuan is willing to be more active, he can get more investment in Hong Kong.

However, the 3 million US dollars can only be used as a loan at present, and the foreign exchange borrowed will be repaid with interest in the future. This means that the Shenzhen Electronics Group led by Ma Fuyuan must, in the next few years, To increase the extent of export earnings.

"We must not only base ourselves on the domestic market, but also look at the international market. What we borrowed is 3000 million US dollars, and what we will repay in the future must be US dollars. You need to be clear about this." Ma Fuyuan paused, and then said : "This means that we may have to compete with joint ventures, the pressure is not small..."

"As long as we can introduce advanced foreign production lines, we have an advantage in domestic labor costs. I think that compared with ordinary joint ventures, our group company will definitely be a major export earner in Shenzhen in the future."

Compared with Ma Fuyuan, Xu Fuguo seems to be full of confidence, even full of idealism. In his opinion, as long as foreign exchange is abundant and foreign advanced production lines can be introduced, other problems are not a big problem.

"With regard to the introduction of foreign production lines, we still need to do detailed research and investigation to truly solve the practical problems of enterprise development and spend every penny wisely." Ma Fuyuan pondered for a while, and then said: "Considering We are currently in the predicament of the tape recorder enterprises under the group. In the next two months, we will first introduce a technologically advanced tape recorder production line from abroad to improve the technical strength of our group's tape recorder manufacturing, and strive to regain our lost market share of tape recorders before the end of the year. Get it back."

"That's good! As long as we have advanced foreign production lines, private companies like Tianyin Electronics Factory won't last long..." Xu Fuguo's eyes flashed with excitement when he heard this.

He has always been worried about Duan Yun Tianyin Electronics Factory's seizure of the market of the group company's subsidiaries. He wanted to pass the blockade of raw material supply before, but due to too much internal resistance, he could not implement it. It can reverse the disadvantages, and through the advantages of a complete supply chain, it will become the leader of the recorder industry in Shenzhen again.

Moreover, Xu Fuguo has more ideas. In his opinion, private enterprises are not qualified to play a leading role in the Shenzhen Special Economic Zone. Seeing that he has spent half his life in the Ministry of Electronics Industry with a salary of more than 100 yuan a month, and Duan Yun is young. He can earn so much money by doing business. From the bottom of his heart, he feels that it is seriously unfair, and he doesn't like it. In fact, he is a little psychologically unbalanced.

"Tomorrow, I will call a meeting of the subsidiaries of our group and report the results of my trip to Hong Kong to everyone. The main purpose is to give everyone a reassurance." Ma Fuyuan glanced at Xu Fuguo and said, "As for Mr. Xu, you My task is to collect everyone’s opinions in private, collect and sort them out to me, and then we will formulate the next step of planning and tasks based on these.”

"Okay." Xu Fuguo nodded.

"Then you are busy." Ma Fuyuan waved to Xu Fuguo, indicating that he can leave.

(End of this chapter)